Summit Hotel Properties, Inc. (INN)

Summit Hotel Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	686.4	691.58	697.58	641.49	341.64	221.95
Other Revenue	41.05	40.21	38.55	34.21	20.29	12.51
Revenue	727.44	731.78	736.13	675.7	361.93	234.46
Revenue Growth (YoY)	-1.20%	-0.59%	8.94%	86.69%	54.36%	-57.32%
Cost of Revenue	410.96	402.16	404.49	369.87	203.26	155.71
Gross Profit	316.48	329.62	331.64	305.82	158.66	78.76
Selling, General & Admin	47.95	47.76	50.98	46.91	36.39	27.26
Other Operating Expenses	54.42	54.12	55.17	49.92	41.35	44.69
Operating Expenses	250.97	248.31	255.84	245.89	181.06	186.39
Operating Income	65.52	81.31	75.8	59.94	-22.4	-107.64
Interest Expense	-81.15	-82.63	-86.8	-65.58	-43.37	-43.3
Interest & Investment Income	1.27	1.91	1.69	1.54	6.86	0.15
Other Non Operating Income (Expenses)	2.48	4.37	0.99	0.33	-5.54	2.94
EBT Excluding Unusual Items	-11.89	4.96	-8.32	-3.77	-64.45	-147.85
Gain (Loss) on Sale of Assets	0.34	28.91	-0.34	20.32	0.24	-0.02
Asset Writedown	-6.72	-6.72	-16.66	-10.42	-	-
Other Unusual Items	-	3	-	-1.3	-2.9	-
Pretax Income	-18.27	30.15	-25.32	4.83	-67.11	-147.87
Income Tax Expense	-10.09	-8.74	2.8	3.61	1.47	1.38
Earnings From Continuing Operations	-8.18	38.89	-28.12	1.22	-68.58	-149.25
Net Income to Company	-8.18	38.89	-28.12	1.22	-68.58	-149.25
Minority Interest in Earnings	9.77	4.75	18.63	0.25	3.01	5.91
Net Income	1.58	43.64	-9.49	1.47	-65.57	-143.34
Preferred Dividends & Other Adjustments	18.71	18.5	18.5	18.4	18.14	14.92
Net Income to Common	-17.13	25.14	-27.99	-16.93	-83.71	-158.26
Net Income Growth	-94.00%	-	-	-	-	-
Shares Outstanding (Basic)	107	106	106	105	104	104
Shares Outstanding (Diluted)	107	132	106	105	104	104
Shares Change (YoY)	-23.06%	25.41%	0.39%	0.64%	0.32%	0.19%
EPS (Basic)	-0.16	0.24	-0.27	-0.16	-0.80	-1.52
EPS (Diluted)	-0.19	0.22	-0.27	-0.16	-0.80	-1.52
Free Cash Flow	60.73	71.87	63.24	93.15	45.7	-64.68
Free Cash Flow Per Share	0.57	0.54	0.60	0.89	0.44	-0.62
Dividend Per Share	0.320	0.300	0.220	0.080	-	-
Dividend Growth	14.29%	36.36%	175.00%	-	-	-
Gross Margin	43.51%	45.04%	45.05%	45.26%	43.84%	33.59%
Operating Margin	9.01%	11.11%	10.30%	8.87%	-6.19%	-45.91%
Profit Margin	-2.35%	3.44%	-3.80%	-2.50%	-23.13%	-67.50%
Free Cash Flow Margin	8.35%	9.82%	8.59%	13.79%	12.63%	-27.59%
EBITDA	216.19	229.86	229.77	213.08	83.07	1.61
EBITDA Margin	29.72%	31.41%	31.21%	31.53%	22.95%	0.69%
D&A For EBITDA	150.67	148.55	153.97	153.14	105.46	109.25
EBIT	65.52	81.31	75.8	59.94	-22.4	-107.64
EBIT Margin	9.01%	11.11%	10.30%	8.87%	-6.19%	-45.91%
Effective Tax Rate	-	-	-	74.79%	-	-
Revenue as Reported	727.44	731.78	736.13	675.7	361.93	234.46

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q