Based on the latest figures, Ryman Hospitality Properties reports a gross margin of 32.5%, an operating margin of 19.8%, an EBITDA margin of 30.7%, and a net margin of 9.9%. Margin expansion was strongest in gross margin, which rose by 0.7 percentage points. Net margin had the strongest contraction, falling by 0.8 percentage points.
Over the last 3 years, Ryman Hospitality Properties recorded average margins of 32.45% gross, 20.22% operating, 30.56% EBITDA, and 11.78% net. Ryman Hospitality Properties's current performance shows that gross and EBITDA margins are above their three-year averages and operating and net margins are below their three-year averages.
Compared with the same period last year, gross margin expanded by 0.7 percentage points, operating margin by 0.1 percentage points, and EBITDA margin by 0.1 percentage points, while net margin contracted by 0.8 percentage points.
Over the last 3 years, Ryman Hospitality Properties recorded an average gross margin of 32.45%. Ryman Hospitality Properties's current gross margin is 32.5% and is 0.1 percentage points above its three-year average. The highest gross margin for Ryman Hospitality Properties was 33.3% in Jun 2024, while the lowest was 31.2% in Sep 2025.
Ryman Hospitality Properties's operating margin averaged 20.22% over the last 3 years. Against its three-year average, Ryman Hospitality Properties's operating margin is currently 19.8%, 0.4 percentage points below its three-year average. Over the last 3 years, Ryman Hospitality Properties's operating margin peaked at 21.3% in Mar 2025 and reached a low of 18.7% in Sep 2025.
Ryman Hospitality Properties's EBITDA margin averaged 30.56% over the last 3 years. As of the latest period, Ryman Hospitality Properties's current EBITDA margin is 30.7%, which is 0.1 percentage points above its three-year average. Over the last 3 years, Ryman Hospitality Properties's EBITDA margin peaked at 32.1% in Mar 2025 and reached a low of 29.5% in Mar 2024.
Across the last 3 years, Ryman Hospitality Properties's net margin averaged 11.78%. The current net margin stands at 9.9%, 1.9 percentage points below its three-year average. Net margin was highest at 14.8% in Sep 2024 and lowest at 9.4% in Dec 2025.
With a gross margin of 32.5%, RHP stands below the Real Estate sector, the industry and its peers average. In comparison with its Real Estate sector average of 62.7%, Ryman Hospitality Properties's gross margin is 48% lower.
As of Jun 30, 2026, RHP has a gross margin of 32.5%.
As of Jun 30, 2026, RHP has an operating margin of 19.8%.
As of Jun 30, 2026, RHP has an EBITDA margin of 30.7%.
For the period ending Jun 30, 2026, RHP recorded a net margin of 9.9%.
Ryman Hospitality Properties's gross, operating, EBITDA, and net margins averaged 32.5% gross, 20.2% operating, 30.6% EBITDA, and 11.8% net over the last 3 years.
Over this 5-year history, RHP peaked at 33.5% gross in Mar 2023, 21.7% operating in Jun 2023, 32.1% EBITDA in Mar 2025, and 14.8% net in Sep 2024.
Ryman Hospitality Properties's lowest recorded margins during the past 5 years were 21.4% gross in Dec 2021, -6.2% operating in Dec 2021, 18.5% EBITDA in Dec 2021, and -18.8% net in Dec 2021.