Summit Hotel Properties, Inc.
INN · XNYSCIK 1497645fmd_1TMB4D218R9YVT6J4RXGPTXH2VFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2010 to Sep 30, 2026, 64 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 474 | 515 | 567 | 549 | 234 | 362 | 676 | 736 | 732 | 729 |
| Cost of revenue | 296 | 326 | – | – | – | – | – | – | – | – |
| Gross profit | 178 | 190 | – | – | – | – | – | – | – | – |
| Provision for credit losses | – | – | 0 | 0 | 5 | (3) | (1) | – | – | – |
| Depreciation and amortization | 72 | 86 | 101 | 99 | 110 | 106 | 150 | 151 | 146 | 150 |
| Gain on sale of real estate | 45 | 28 | 41 | 45 | (0) | 0 | 20 | (0) | 29 | 7 |
| Compensation and benefits | – | – | – | – | – | – | – | – | – | – |
| Impairment of real estate | – | – | – | – | – | – | – | – | 7 | – |
| Funds from operations (NAREIT definition, derived) | 135 | 157 | 150 | 137 | (34) | 40 | 131 | 123 | 163 | 131 |
| Operating income | 132 | 127 | 125 | 119 | (109) | (33) | 68 | 59 | 103 | 66 |
| Interest expense | 28 | 30 | 42 | 41 | 43 | 43 | 66 | 87 | 83 | 81 |
| Interest and investment income | – | – | – | – | – | 7 | 2 | 2 | 2 | 1 |
| Other non-operating income (expense) | (26) | (26) | (35) | (36) | (38) | (34) | (63) | (84) | (73) | (77) |
| Income before taxes | 107 | 101 | 90 | 84 | (148) | (67) | 5 | (25) | 30 | (11) |
| Income tax expense | (1) | 2 | (1) | 2 | 1 | 1 | 4 | 3 | (9) | 1 |
| Net income from continuing operations | 108 | 100 | 91 | 82 | (149) | (69) | 1 | (28) | 39 | (12) |
| Net income | 108 | 99 | 91 | 83 | (143) | (66) | 1 | (28) | 39 | (12) |
| Net income to common shareholders | 87 | 79 | 71 | 67 | (158) | (84) | (17) | (28) | 25 | (24) |