Sunstone Hotel Investors, Inc. (SHO)

Sunstone Hotel Investors Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	986.48	912.05	509.15	267.91	1,115
Revenue Growth (YoY)	8.16%	79.13%	90.05%	-75.98%	-3.79%
Cost of Revenue	458.35	421.77	258.93	199.21	507.11
Gross Profit	528.13	490.28	250.22	68.7	608.05
Selling, General & Admin	282.41	264.54	206.98	178.59	298.22
Other Operating Expenses	3.24	106.92	-21.16	249.7	129.53
Operating Expenses	285.66	371.46	185.82	428.29	427.75
Operating Income	242.48	118.82	64.4	-359.59	180.31
Interest Expense / Income	51.68	32.01	30.9	53.31	54.22
Other Expense / Income	-20.47	-0.83	-0.9	-14.8	-9.5
Pretax Income	211.27	87.65	34.41	-398.1	135.58
Income Tax	4.56	0.36	0.11	6.59	-0.15
Net Income	206.71	87.29	34.3	-404.69	135.73
Preferred Dividends	13.99	14.25	20.64	12.83	12.83
Net Income Common	192.72	73.04	13.66	-417.52	122.9
Net Income Growth	163.85%	434.71%	-	-	-48.28%
Shares Outstanding (Basic)	206	213	216	216	226
Shares Outstanding (Diluted)	206	213	216	216	226
Shares Change	-3.19%	-1.68%	0.17%	-4.32%	-0.11%
EPS (Basic)	0.93	0.34	0.06	-1.93	0.54
EPS (Diluted)	0.93	0.34	0.06	-1.93	0.54
EPS Growth	173.53%	466.67%	-	-	-48.57%
Free Cash Flow	452.49	39.59	-215.24	-2.81	243.77
Free Cash Flow Per Share	2.20	0.19	-0.99	-0.01	1.08
Dividend Per Share	0.300	0.100	-	0.050	0.740
Dividend Growth	200.00%	-	-	-93.24%	7.25%
Gross Margin	53.54%	53.76%	49.15%	25.64%	54.53%
Operating Margin	24.58%	13.03%	12.65%	-134.22%	16.17%
Profit Margin	19.54%	8.01%	2.68%	-155.85%	11.02%
Free Cash Flow Margin	45.87%	4.34%	-42.27%	-1.05%	21.86%
Effective Tax Rate	2.16%	0.41%	0.32%	-	-0.11%
EBITDA	389.49	245.5	193.92	-207.78	337.47
EBITDA Margin	39.48%	26.92%	38.09%	-77.56%	30.26%
Depreciation & Amortization	126.54	125.84	128.62	137.01	147.67
EBIT	262.95	119.65	65.31	-344.79	189.81
EBIT Margin	26.66%	13.12%	12.83%	-128.70%	17.02%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).