INN
Income statement / Annual
Last year (2024), Summit Hotel Properties, Inc.'s total revenue was $731.78 M,
a decrease of 0.59% from the previous year.
In 2024, Summit Hotel Properties, Inc.'s net income was $43.64 M.
See Summit Hotel Properties, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$731.78 M |
$736.13 M |
$675.70 M |
$361.93 M |
$234.46 M |
$549.35 M |
$567.27 M |
$515.38 M |
$473.94 M |
$463.46 M |
| Cost of Revenue |
$472.15 M
|
$478.11 M
|
$437.23 M
|
$254.47 M
|
$206.67 M
|
$349.77 M
|
$341.43 M
|
$190.39 M
|
$174.83 M
|
$173.85 M
|
| Gross Profit |
$259.64 M
|
$258.02 M
|
$238.46 M
|
$107.46 M
|
$27.79 M
|
$199.58 M
|
$225.84 M
|
$324.99 M
|
$299.11 M
|
$289.60 M
|
| Gross Profit Ratio |
0.35
|
0.35
|
0.35
|
0.3
|
0.12
|
0.36
|
0.4
|
0.63
|
0.63
|
0.62
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.16
|
$0.20
|
$0.23
|
$0.00
|
| General & Administrative Expenses |
$31.89 M
|
$50.98 M
|
$30.77 M
|
$29.43 M
|
$20.99 M
|
$23.62 M
|
$40.03 M
|
$19.60 M
|
$19.29 M
|
$21.20 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$31.89 M
|
$50.98 M
|
$30.77 M
|
$29.43 M
|
$20.99 M
|
$23.62 M
|
$40.03 M
|
$19.60 M
|
$19.29 M
|
$21.20 M
|
| Other Expenses |
$124.26 M
|
$148.25 M
|
$139.91 M
|
$111.29 M
|
$116.22 M
|
$56.55 M
|
$6.95 M
|
$3.78 M
|
$2.56 M
|
$11.15 M
|
| Operating Expenses |
$156.15 M
|
$199.24 M
|
$170.68 M
|
$140.72 M
|
$137.20 M
|
$80.17 M
|
$141.04 M
|
$240.74 M
|
$212.55 M
|
$207.23 M
|
| Cost And Expenses |
$628.29 M
|
$677.34 M
|
$607.91 M
|
$395.19 M
|
$343.87 M
|
$429.94 M
|
$482.47 M
|
$431.13 M
|
$387.38 M
|
$381.08 M
|
| Interest Income |
$1.91 M
|
$1.69 M
|
$1.54 M
|
$6.86 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$82.63 M
|
$86.80 M
|
$65.58 M
|
$43.37 M
|
$43.30 M
|
$41.03 M
|
$41.94 M
|
$29.69 M
|
$28.09 M
|
$30.41 M
|
| Depreciation & Amortization |
$146.44 M
|
$150.92 M
|
$150.16 M
|
$105.96 M
|
$109.62 M
|
$99.45 M
|
$482.47 M
|
$431.48 M
|
$390.87 M
|
$64.05 M
|
| EBITDA |
$259.22 M |
$212.40 M |
$220.57 M |
$82.21 M |
$5.05 M |
$224.32 M |
$185.81 M |
$169.82 M |
$155.47 M |
$145.18 M |
| EBITDA Ratio |
0.35
|
0.29
|
0.33
|
0.23
|
0.02
|
0.41
|
0.33
|
0.33
|
0.33
|
0.31
|
| Operating Income Ratio |
0.14
|
0.08
|
0.1
|
-0.09
|
-0.47
|
0.22
|
0.22
|
0.16
|
0.17
|
0.17
|
| Total Other Income/Expenses Net |
-$73.34 M
|
-$84.11 M
|
-$62.95 M
|
-$33.85 M
|
-$38.46 M
|
-$35.56 M
|
-$35.00 M
|
$17.30 M
|
-$25.53 M
|
$45.80 M
|
| Income Before Tax |
$30.15 M
|
-$25.32 M
|
$4.83 M
|
-$67.11 M
|
-$147.87 M
|
$83.85 M
|
$90.20 M
|
$101.20 M
|
$106.81 M
|
$125.81 M
|
| Income Before Tax Ratio |
0.04
|
-0.03
|
0.01
|
-0.19
|
-0.63
|
0.15
|
0.16
|
0.2
|
0.23
|
0.27
|
| Income Tax Expense |
-$8.74 M
|
$2.80 M
|
$3.61 M
|
$1.47 M
|
$1.38 M
|
$1.50 M
|
-$922.00 K
|
$1.67 M
|
-$1.45 M
|
$553.00 K
|
| Net Income |
$43.64 M
|
-$9.49 M
|
$1.47 M
|
-$65.57 M
|
-$143.34 M
|
$82.61 M
|
$90.92 M
|
$99.21 M
|
$107.81 M
|
$124.44 M
|
| Net Income Ratio |
0.06
|
-0.01
|
0
|
-0.18
|
-0.61
|
0.15
|
0.16
|
0.19
|
0.23
|
0.27
|
| EPS |
0.24 |
-0.27 |
0.0139 |
-0.66 |
-1.43 |
0.65 |
0.88 |
0.79 |
1 |
1.25 |
| EPS Diluted |
0.19 |
-0.27 |
0.0139 |
-0.66 |
-1.43 |
0.65 |
0.88 |
0.79 |
1 |
1.24 |
| Weighted Average Shares Out |
$105.93 M
|
$105.55 M
|
$105.14 M
|
$104.47 M
|
$104.14 M
|
$103.89 M
|
$103.62 M
|
$99.41 M
|
$86.87 M
|
$85.92 M
|
| Weighted Average Shares Out Diluted |
$132.37 M
|
$105.55 M
|
$105.14 M
|
$104.47 M
|
$104.14 M
|
$103.94 M
|
$103.84 M
|
$99.78 M
|
$87.34 M
|
$87.14 M
|
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