← Summit Hotel Properties, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $473.9m |
$515.4m
+8.74%
|
$567.3m
+10.07%
|
$549.3m
-3.16%
|
$234.5m
-57.32%
|
$361.9m
+54.36%
|
$675.7m
+86.69%
|
$736.1m
+8.94%
|
$731.8m
-0.59%
|
$729.5m
-0.32%
|
$736.1m
+0.92%
|
|
| Cost of Goods and Services Sold | $295.7m |
$325.6m
+10.12%
|
$316.6m
-2.76%
|
$305.6m
-3.49%
|
$162.0m
-46.99%
|
$213.1m
+31.57%
|
$387.3m
+81.73%
|
$422.9m
+9.20%
|
$402.2m
-4.91%
|
$415.7m
+3.36%
|
$490.7m
+18.06%
|
|
| Gross Profit (Calculated) | $178.3m |
$189.8m
+6.46%
|
$250.7m
+32.08%
|
$243.8m
-2.74%
|
$72.5m
-70.27%
|
$148.8m
+105.30%
|
$288.4m
+93.80%
|
$313.2m
+8.60%
|
$329.6m
+5.25%
|
$313.8m
-4.79%
|
— | |
| General and Administrative Expense | $19.3m | $19.6m | $21.5m | $23.6m | $21.0m | $29.4m | $30.8m | $32.5m | $31.9m | $32.8m | $32.2m | |
| Amortization of Intangible Assets | — | — | — | — | — | — | $4.0m | $4.1m | $3.3m | $1.6m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $82.5m |
$83.9m
+1.71%
|
$125.2m
+49.23%
|
$119.4m
-4.63%
|
($109.4m)
-191.63%
|
($33.3m)
+69.60%
|
$67.8m
+303.76%
|
$58.8m
-13.27%
|
$103.5m
+76.04%
|
$65.7m
-36.53%
|
$64.9m
-1.18%
|
|
| Other Nonoperating Income (Expense) | $2.6m | $3.8m | $6.9m | $5.5m | $4.8m | $9.5m | $2.6m | $1.0m | $4.4m | $3.0m | — | |
| Interest Expense (non-operating) | $28.1m | $29.7m | $41.9m | $41.0m | $43.3m | $43.4m | $65.6m | $86.8m | $82.6m | $80.7m | $82.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $106.8m | $101.2m | $90.2m | $83.8m | ($147.9m) | ($67.1m) | $4.8m | ($25.3m) | $30.1m | ($10.8m) | ($12.1m) | |
| Income Tax Expense (Benefit) | ($1.4m) | $1.7m | ($922k) | $1.5m | $1.4m | $1.5m | $3.6m | $2.8m | ($8.7m) | $842k | ($1.6m) | |
| Net Income (Loss) Attributable to Parent | $107.8m |
$99.2m
-7.97%
|
$90.9m
-8.36%
|
$82.6m
-9.14%
|
($143.3m)
-273.51%
|
($65.6m)
+54.25%
|
$1.5m
+102.24%
|
($9.5m)
-747.27%
|
$43.6m
+559.92%
|
($5.1m)
-111.61%
|
($23.9m)
-370.87%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $87.4m |
$79.2m
-9.39%
|
$71.0m
-10.43%
|
$67.8m
-4.51%
|
($158.3m)
-333.52%
|
($83.7m)
+47.10%
|
($16.9m)
+79.78%
|
($28.0m)
-65.34%
|
$24.8m
+188.72%
|
($24.0m)
-196.46%
|
($23.9m)
+0.40%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | $5.9m | $3.0m | ($249k) | ($18.6m) | ($4.8m) | ($6.6m) | ($23.9m) | |
| Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable | $456k | $307k | $205k | $157k | ($271k) | ($115k) | $2.6m | ($3.8m) | — | — | — | |
| Preferred Stock Dividends, Income Statement Impact | $18.2m | $17.4m | $16.7m | $14.8m | $14.8m | $15.4m | $15.9m | $15.9m | $15.9m | $15.9m | $15.9m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $342k | $307k | $271k | $309k | $81k | $0 | $0 | — | $4.1m | ($2.9m) | — | |
| Earnings Per Share, Basic | $1.00 | $0.79 | $0.72 | $0.72 | $0.18 | ($0.80) | ($0.16) | ($0.27) | $0.23 | ($0.22) | ($0.22) | |
| Earnings Per Share, Diluted | $1.00 | $0.79 | $0.68 | $0.65 | ($1.52) | ($0.80) | ($0.16) | ($0.27) | $0.22 | ($0.22) | ($0.22) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | — | — | — | — | — | — | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 86.9m | 99.4m | 103.6m | 103.9m | 104.1m | 104.5m | 105.1m | 105.5m | 105.9m | 106.8m | 105.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 87.3m | 99.8m | 103.8m | 103.9m | 104.1m | 104.5m | 105.1m | 105.5m | 132.4m | 106.8m | 105.6m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $3.5m | $354k | $0 | $0 | — | $3.8m | $749k | $13k | $10k | $0 | — | |
| Management Fee Expense | — | — | — | — | — | — | — | — | $15.9m | $15.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $87.1m | $101.2m | $90.2m | $83.8m | $147.9m | $67.1m | $4.8m | $25.3m | $30.1m | $10.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $108.3m | $101.2m | $90.2m | $83.8m | $147.9m | $67.1m | $4.8m | $25.3m | $30.1m | $10.8m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $101.2m | $90.2m | $83.8m | $147.9m | $67.1m | $4.8m | $25.3m | $30.1m | $10.8m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $101.2m | $90.2m | $83.8m | $147.9m | $67.1m | $4.8m | $25.3m | $30.1m | $10.8m | — |