Summit Hotel Properties, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $729.5M | $731.8M | $736.1M | $675.7M | $361.9M | $234.5M | $549.3M | $567.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $32.8M | $31.9M | $32.5M | $30.8M | $29.4M | $21.0M | $23.6M | $21.5M |
| Operating Income | $65.7M | $103.5M | $58.8M | $67.8M | $-33.3M | $-109.4M | $119.4M | $125.2M |
| Operating Margin | 9.0% | 14.1% | 8.0% | 10.0% | -9.2% | -46.7% | 21.7% | 22.1% |
| Interest Expense | — | — | $86.8M | $65.6M | $43.4M | $43.3M | $41.0M | $41.9M |
| Pretax Income | $-10.8M | $30.1M | $-25.3M | $4.8M | $-67.1M | $-147.9M | $83.8M | $90.2M |
| Income Tax Expense | $842.0K | $-8.7M | $2.8M | $3.6M | $1.5M | $1.4M | $1.5M | $-922.0K |
| Net Income | $-11.7M | $38.9M | $-28.1M | $1.2M | $-65.6M | $-143.3M | $82.6M | $90.9M |
| Net Margin | -1.6% | 5.3% | -3.8% | 0.2% | -18.1% | -61.1% | 15.0% | 16.0% |
| EPS (Basic) | $-0.22 | $0.23 | $-0.27 | $-0.16 | $-0.80 | $-1.52 | $0.65 | $0.68 |
| EPS (Diluted) | $-0.22 | $0.22 | $-0.27 | $-0.16 | $-0.80 | $-1.52 | $0.65 | $0.68 |
| Shares Outstanding (Basic) | 106.9M | 105.9M | 105.5M | 105.1M | 104.5M | 104.1M | 103.9M | 103.6M |
| Shares Outstanding (Diluted) | 106.9M | 132.4M | 105.5M | 105.1M | 104.5M | 104.1M | 103.9M | 103.8M |
| Dividends Per Share | $0.32 | $0.30 | $0.22 | $0.08 | $0.00 | $0.18 | $0.72 | $0.72 |