Sunstone Hotel Investors, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $960.1M | $905.8M | $953.9M | $923.7M | $517.1M | $277.0M | $1.11B | $1.11B |
| Room Revenue | — | — | $637.3M | $615.2M | $366.2M | $191.1M | $739.0M | $744.2M |
| Food and Beverage Revenue | — | — | $253.6M | $244.4M | $112.6M | $61.2M | $311.5M | $311.4M |
| Other Operating Revenue | — | — | $63.0M | $64.1M | $38.3M | $24.7M | $57.3M | $59.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $31.6M | $29.1M | $31.4M | $35.2M | $40.3M | $28.1M | $30.3M | $30.2M |
| Operating Income | $24.8M | $42.2M | $262.9M | $123.1M | $64.0M | $-350.6M | $196.9M | $298.9M |
| Operating Margin | 2.6% | 4.7% | 27.6% | 13.3% | 12.4% | -126.6% | 17.8% | 26.8% |
| Interest Expense | — | — | $51.7M | $32.0M | $30.9M | $53.3M | $54.2M | $47.7M |
| Pretax Income | $24.8M | $42.2M | $211.3M | $91.1M | $33.1M | $-403.9M | $142.6M | $260.8M |
| Income Tax Expense | $216.0K | $-1.1M | $4.6M | $359.0K | $109.0K | $6.6M | $-151.0K | $1.8M |
| Net Income | $24.6M | $43.3M | $206.7M | $90.8M | $33.0M | $-410.5M | $142.8M | $259.1M |
| Net Margin | 2.6% | 4.8% | 21.7% | 9.8% | 6.4% | -148.2% | 12.9% | 23.2% |
| EPS (Basic) | $0.04 | $0.14 | $0.93 | $0.34 | $0.06 | $-1.93 | $0.54 | $1.05 |
| EPS (Diluted) | $0.04 | $0.14 | $0.93 | $0.34 | $0.06 | $-1.93 | $0.54 | $1.05 |
| Shares Outstanding (Basic) | 193.6M | 201.7M | 205.6M | 212.6M | 216.3M | 215.9M | 224.9M | 228.2M |
| Shares Outstanding (Diluted) | 194.3M | 202.6M | 205.9M | 212.7M | 216.3M | 215.9M | 224.9M | 228.2M |
| Dividends Per Share | $0.36 | $0.34 | $0.30 | $0.10 | — | $0.05 | $0.74 | $0.69 |