RHP

Ryman Hospitality Properties, Inc.

Ticker: RHPReal EstateREITs
HQ NASHVILLE, TNCIK 1040829FY end 12-31Book / share $11.04Shares 68M
Revenue (FY)
$2.58B+10.17%
TTM $2.74B
Op. margin
18.90%-2.08%
TTM 19.82%
Net income
$247.31M-11.73%
TTM $279.90M
Operating cash
$590.63M+2.45%
TTM $691.85M
Free cash flow
$232.39M+37.84%
TTM $274.66M
Return on equity
32.45%-17.03%
TTM 36.34%
Debt / equity
5.30-0.85%
TTM 5.30
Shares outstanding
66.0M+3.65%
TTM 67.8M

The business

Ryman Hospitality Properties, Inc. (NYSE: RHP) operates as a self-advised and self-administered real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets. The company's website is www.rymanhospitality.com.

The company's core business comprises two primary segments: Hospitality and Entertainment. The Hospitality segment, representing approximately 83% of total revenues, includes a network of upscale, meetings-focused resorts totaling 11,869 rooms managed by Marriott International under the Gaylord Hotels and JW Marriott brands. The portfolio consists of five Gaylord Hotels properties located in Nashville, Orlando, Dallas, Washington D.C., and Denver, plus two JW Marriott resorts in San Antonio and Phoenix, along with overflow hotels including the Inn at Opryland and the AC Hotel. These properties feature extensive meeting and exhibition space, with Gaylord Opryland alone offering 640,000 square feet of combined meeting, exhibit, and pre-function space.

The Entertainment segment, comprising approximately 17% of revenues, operates through Opry Entertainment Group, in which Ryman holds an approximate 70% controlling equity interest. This division encompasses the Grand Ole Opry, the legendary country music showcase celebrating its 100th anniversary in 2025; the Ryman Auditorium, a historic 2,300-seat venue; WSM-AM radio; six Ole Red entertainment venues; the Category 10 brand of Luke Combs-themed venues; Block 21, a mixed-use complex in Austin housing Austin City Limits Live; Southern Entertainment, a music festival and events production company; and management agreements for the Ascend Amphitheater and CCNB Amphitheatre.

As of December 31, 2025, Ryman employed 1,819 people across its Entertainment and Corporate segments, with hotel operations staffed by Marriott. The company maintains a REIT structure that qualifies substantially all REIT operations for federal income tax exemption, while non-REIT operations conducted through taxable REIT subsidiaries remain subject to corporate taxation. Ryman's strategic focus centers on acquiring and developing group-oriented large hotels exceeding 400 rooms in destination markets while leveraging its iconic entertainment brands for brand extension opportunities.

Sector
Real Estate
Industry
REITs
HQ
NASHVILLE, TN
FY end
12-31
CIK
1040829
SIC
6798
Financial performance · annual
20132025
$-781.28M$180.11M$1.14B$2.10B$3.06B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds Ryman Hospitality Properties, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

438
funds hold it
0 of 35
superinvestors hold it
$3.88B
fund-held value
50.8%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.44%$488.56M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$244.88M
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
0.33%$233.53M
iShares Russell 2000 ETF
IWM · iShares Trust
0.25%$207.29M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.09%$176.81M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of Ryman Hospitality Properties, Inc.'s financials

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