← Service Properties Trust
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $223.1m |
$215.1m
-3.57%
|
$185.7m
-13.67%
|
$259.8m
+39.85%
|
($311.4m)
-219.88%
|
($544.6m)
-74.90%
|
($132.4m)
+75.69%
|
($32.8m)
+75.24%
|
($275.5m)
-740.56%
|
($202.3m)
+26.57%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $202.4m |
$203.8m
+0.68%
|
$185.7m
-8.87%
|
$259.8m
+39.85%
|
— | — | ($132.4m) |
($32.8m)
+75.24%
|
($275.5m)
-740.56%
|
($202.3m)
+26.57%
|
— | |
| Depreciation, Depletion and Amortization | $357.3m | $386.7m | $403.1m | $428.4m | $498.9m | $486.0m | $401.1m | $384.1m | $371.8m | $315.0m | $303.8m | |
| Amortization of Debt Issuance Costs and Discounts | $8.2m | $8.9m | $10.2m | $11.1m | $14.9m | $21.0m | $19.4m | $25.7m | $31.1m | $46.3m | — | |
| Amortization of Intangible Assets | $2.3m | $2.8m | $2.5m | $1.8m | $52.3m | $41.6m | $30.8m | $32.2m | $22.7m | $21.0m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $401.1m | $384.1m | $371.8m | $315.0m | $303.8m | |
| Deferred Income Tax Expense (Benefit) | $9k | ($236k) | ($1.0m) | ($127k) | $13.8m | ($2.0m) | ($817k) | ($1.9m) | ($634k) | ($13.1m) | $2.7m | |
| Deferred Income Tax | — | — | — | — | — | — | ($1.1m) | ($1.3m) | ($3.2m) | $2.7m | $2.7m | |
| Deferred Tax | — | — | — | — | — | — | ($1.1m) | ($1.3m) | ($3.2m) | $2.7m | $2.7m | |
| Asset Impairment Charge | — | — | — | — | — | — | $11.0m | $9.5m | $56.2m | $81.9m | $244.4m | |
| Income (Loss) from Equity Method Investments | $137k | $607k | $515k | $393k | ($9.9m) | ($941k) | $2.9m | ($4.4m) | ($12.3m) | ($4.2m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($2.9m) | $4.4m | $12.3m | $4.2m | $3.0m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($18.4m) | $201.3m | ($42.9m) | ($35.6m) | ($42.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($8k) | $21.1m | $2.5m | $3.7m | $11.5m | |
| Increase (Decrease) in Other Operating Assets | $190k | $13.1m | ($6.2m) | $11.4m | $78.3m | ($60.2m) | ($3.8m) | ($35.7m) | ($743k) | ($18.2m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $3.8m | $35.7m | $743k | $18.2m | $17.3m | |
| Net Cash Provided by (Used in) Operating Activities | $532.5m |
$554.2m
+4.08%
|
$597.0m
+7.71%
|
$617.7m
+3.48%
|
$37.6m
-93.91%
|
$49.9m
+32.71%
|
$243.1m
+387.19%
|
$485.5m
+99.71%
|
$139.4m
-71.29%
|
$117.8m
-15.48%
|
$123.5m
+4.80%
|
|
| Cash flows from investing activities: | ||||||||||||
| Marketable Securities, Unrealized Gain (Loss) | — | — | ($16.7m) | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($5.0m) | ($5.4m) | ($6.4m) | ($4.6m) | ($6.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($454.4m) | ($733.7m) | ($427.7m) | ($2.1b) | ($51.8m) | ($101.3m) | $397.3m | ($29.6m) | ($222.9m) | $528.7m | $552.9m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $228k | ($146k) | ($160k) | ($8.5m) | ($9.4m) | $0 | ($791k) | ($1.5m) | ($16.2m) | ($2.9m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $20.0m | $1.6b | $1.3b | $1.3b | $1.2b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $20.0m | $1.6b | $1.2b | $537.5m | $1.2b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.5b) | ($1.7b) | ($1.2b) | ($803.8m) | ($2.4b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($1.5b) | ($113.8m) | $150.4m | ($416.3m) | ($1.2b) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($1.5b) | ($113.8m) | $396k | ($266.3m) | ($1.2b) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($1.0b) | $0 | $150.0m | ($150.0m) | ($75.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.5b) | ($1.7b) | ($1.2b) | ($1.7b) | ($2.4b) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $20.0m | $0 | $160.0m | $765.0m | $765.0m | |
| Short Term Debt Payments | — | — | — | — | — | — | ($1.0b) | $0 | ($10.0m) | ($915.0m) | ($840.0m) | |
| Payments for Repurchase of Common Stock | $613k | $533k | $606k | $800k | $346k | $790k | $470k | $802k | $751k | $660k | — | |
| Payments of Ordinary Dividends, Common Stock | $314.1m | $340.1m | $346.8m | $353.6m | $93.8m | $6.6m | $38.0m | $132.4m | $101.2m | $6.7m | ($11.5m) | |
| Proceeds from Issuance of Common Stock | $372.0m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($38.0m) | ($132.4m) | ($101.2m) | ($6.7m) | ($11.5m) | |
| Common Stock Payments | — | — | — | — | — | — | ($470k) | ($802k) | ($751k) | ($660k) | ($677k) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($470k) | ($802k) | ($751k) | ($660k) | $541.1m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($470k) | ($802k) | ($751k) | ($660k) | ($677k) | |
| Dividends Payable | $5.2m | $0 | — | — | — | — | — | — | — | — | — | |
| Other Interest and Dividend Income | $2.0m | $2.5m | $2.8m | — | — | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($38.0m) | ($132.4m) | ($101.2m) | ($6.7m) | ($11.5m) | |
| Dividends Received CFI | — | — | — | — | — | $12k | $0 | $0 | — | — | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($3.9m) | ($56.5m) | ($5.5m) | ($8.2m) | ($25.5m) | |
| Net Cash Provided by (Used in) Financing Activities | ($81.0m) |
$192.8m
+338.12%
|
($190.7m)
-198.93%
|
$1.5b
+895.78%
|
$24.4m
-98.39%
|
$907.4m
+3618.72%
|
($1.5b)
-269.98%
|
($303.6m)
+80.32%
|
$43.0m
+114.17%
|
($431.8m)
-1103.67%
|
($733.8m)
-69.92%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $6.5m | $26.1m | ($21.5m) | $5.3m | $10.2m | $856.0m | ($902.0m) | $152.4m | ($40.4m) | $214.7m | $28.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $947.4m | $45.4m | $197.8m | $157.4m | $86.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $6.5m | $26.1m | $76.0m | $81.3m | $91.5m | $947.4m | $45.4m | $197.8m | $157.4m | $372.1m | $28.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $6.1m | $8.4m | $12.2m | $21.9m | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $174.2m | $191.2m | $281.1m | $344.0m | $334.3m | $314.3m | $366.2m | $379.6m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $3.4m | $1.6m | $1.4m | $4.2m | ($639k) | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | $0 | $0 | ($16.7m) | ($40.5m) | $19.9m | $22.5m | ($8.1m) | $48.8m | $0 | $0 | — | |
| Gain (Loss) on Sale of Properties | $0 | $9.3m | $0 | $159.5m | $2.3m | $11.5m | $47.8m | $43.2m | $6.3m | $84.2m | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | $62.4m | $0 | $0 | — | — | — | — | |
| General and Administrative Expense | $99.1m | $125.4m | $104.9m | $54.6m | $50.7m | $53.4m | $44.4m | $45.4m | $40.2m | $40.7m | — | |
| Income Tax Expense (Benefit) | $4.0m | ($3.3m) | $1.2m | $2.8m | $17.2m | ($941k) | ($199k) | ($1.5m) | $1.4m | ($10.7m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $383.8m | $413.6m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | — | $9.5m | $9.3m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.5b) | ($303.6m) | $43.0m | ($431.8m) | ($733.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $397.3m | ($29.6m) | ($222.9m) | $528.7m | $552.9m | |
| Change In Account Payable | — | — | — | — | — | — | ($11.5m) | $144.1m | ($42.6m) | ($61.5m) | ($69.3m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($902.0m) | $152.4m | ($40.4m) | $214.7m | — | |
| Change In Payable | — | — | — | — | — | — | ($22.3m) | $144.5m | ($46.1m) | ($57.4m) | ($69.3m) | |
| Changes In Cash | — | — | — | — | — | — | ($902.0m) | $152.4m | ($40.4m) | $214.7m | ($57.4m) | |
| End Cash Position | — | — | — | — | — | — | $45.4m | $197.8m | $157.4m | $372.1m | $28.7m | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.5b) |
($303.6m)
+80.32%
|
$43.0m
+114.17%
|
($431.8m)
-1103.67%
|
($733.8m)
-69.92%
|
|
| Free Cash Flow | — | — | — | — | — | — | $243.1m | $485.5m | $139.4m | $117.8m | $123.5m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($39.7m) | ($92.1m) | ($6.3m) | ($84.2m) | ($84.6m) | |
| Investing Cash Flow | — | — | — | — | — | — | $397.3m | ($29.6m) | ($222.9m) | $528.7m | $552.9m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($45.5m) | $96.8m | ($15.3m) | $0 | ($11.9m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | $0 | $89.4m | $0 | $0 | $0 | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | $447.7m | ($210.3m) | ($201.2m) | $533.3m | $559.3m | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | ($41.8m) | ($86.2m) | $22.2m | ($77.1m) | ($17.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | $24.7m | $10.8m | $10.7m | $33.3m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($45.5m) | ($5.1m) | ($15.3m) | $0 | ($11.9m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($106.4m) | ($366.8m) | ($303.6m) | ($319.8m) | ($267.0m) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $101.9m | $0 | $0 | $0 | |
| Sale Of Intangibles | — | — | — | — | — | — | $0 | $89.4m | $0 | $0 | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $554.1m | $156.4m | $102.4m | $853.0m | $826.3m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | ($22.5m) | $8.1m | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.