# Ryman Hospitality Properties Inc. (REIT) (RHP) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $123.49, market value $8.5 billion.

## Valuation
- **P/E (trailing): 30.1×** (5-yr avg 23.8×, 3-yr avg 21.7×). Ryman Hospitality Properties Inc. (REIT) trades at 30.1× trailing earnings, well above its own five-year average of 23.8×: investors are paying up relative to the company's past. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 25.5×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.1×**. Each dollar of revenue is priced at 3.1×.
- **Price / book: 10.3×**. The shares trade at 10.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 11.5×**. Enterprise value is 11.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Operating margin: 19.8%**. 19.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 9.4%**. 9.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 32.5%**. 32.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 22.7%**. Return on all capital, debt included, is 22.7%: comfortably above what that capital costs.
- **Return on assets: 4.4%**. Each dollar of assets produces 4.4% of profit.

## Growth
- **Revenue growth (1 yr): 10.2%** (3-yr 12.6%/yr, 5-yr 37.5%/yr). Revenue grew 10.2% over the last year, against 37.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -13.9%** (3-yr 17.4%/yr). Earnings per share fell 13.9%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 2.16**. Debt is 2.16 times equity, a leveraged balance sheet, which is normal for real estate.
- **Net debt / EBITDA: 1.4×**. It would take 1.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 1.88**. A Z-score of 1.88 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.89%** ($4.75 per share, trailing). Ryman Hospitality Properties Inc. (REIT) yields 3.89%, an income-level yield.
- **Payout ratio: 117%**. The dividend exceeds earnings (117% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): 37.4%/yr** (1-yr 4.5%). The dividend has compounded at 37.4% a year over five years, doubling roughly every 2 years at that pace.

## Analyst view
- **Analyst consensus: strong_buy** (14 analysts). 14 analysts cover Ryman Hospitality Properties Inc. (REIT); the consensus is strong_buy, with an average price target of $138.07 (+12% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 28.3%** (YTD 33.5%, 3-mo 4.7%). The shares are up 28.3% over twelve months including dividends.
- **From 52-week high: -10.2%** (47.3% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 0.63** (volatility 24%). Beta of 0.63 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RHP · Page: https://foliofundamentals.com/stocks/rhp

Not investment advice.
