Sunstone Hotel Investors, Inc. (SHO)

Sunstone Hotel Investors 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
Rental Revenue	573.68	559.06	619.28	576.17	352.97	169.52
Other Revenue	364.25	346.75	366.7	335.88	156.18	98.38
Total Revenue	937.93	905.81	985.98	912.05	509.15	267.91
Revenue Growth (YoY	3.04%	-8.13%	8.11%	79.13%	90.05%	-75.98%
Property Expenses	535.57	510.65	537.15	490.75	318.87	276.06
Selling, General & Administrative	199.85	192.06	203.62	195.56	142.84	101.74
Depreciation & Amortization	132.99	124.51	127.06	126.4	128.68	137.05
Total Operating Expenses	868.41	827.22	867.82	812.71	590.39	514.85
Operating Income	69.52	78.59	118.16	99.34	-81.24	-246.95
Interest Expense	-49.7	-50.13	-51.68	-32.01	-30.9	-53.31
Interest & Investment Income	5.9	12.6	6.8	-	-	2.84
Other Non-Operating Income	0.64	0.58	0.04	5.24	-0.34	-
EBT Excluding Unusual Items	26.36	41.65	73.31	72.58	-112.48	-297.42
Gain (Loss) on Sale of Assets	-8.75	0.46	123.82	22.95	152.52	34.3
Total Insurance Settlements	2.36	-	4.2	-	-	-
Asset Writedown	-	-	-	-3.47	-2.69	-146.94
Other Unusual Items	-1.52	0.06	9.94	-0.94	-4.26	6.15
Pretax Income	18.44	42.16	211.27	91.13	33.1	-403.92
Income Tax Expense	0.26	-1.1	4.56	0.36	0.11	6.59
Earnings From Continuing Operations	18.19	43.26	206.71	90.77	33	-410.51
Net Income to Company	18.19	43.26	206.71	90.77	33	-410.51
Minority Interest in Earnings	-	-	-	-3.48	1.3	5.82
Net Income	18.19	43.26	206.71	87.29	34.3	-404.69
Preferred Dividends & Other Adjustments	16.3	15.5	14.98	14.7	20.73	12.83
Net Income to Common	1.88	27.76	191.73	72.59	13.57	-417.52
Net Income Growth	-89.27%	-79.07%	136.81%	154.50%	-	-
Basic Shares Outstanding	196	202	206	213	216	216
Diluted Shares Outstanding	197	203	206	213	216	216
Shares Change (YoY)	-2.80%	-1.57%	-3.19%	-1.68%	0.17%	-4.32%
EPS (Basic)	0.01	0.14	0.93	0.34	0.06	-1.93
EPS (Diluted)	0.01	0.14	0.93	0.34	0.06	-1.93
EPS Growth	-98.73%	-85.20%	173.53%	466.67%	-	-
Dividend Per Share	0.360	0.340	0.240	0.100	-	0.050
Dividend Growth	12.50%	41.67%	140.00%	-	-	-93.24%
Operating Margin	7.41%	8.68%	11.98%	10.89%	-15.96%	-92.18%
Profit Margin	0.20%	3.06%	19.45%	7.96%	2.67%	-155.84%
EBITDA	202.51	203.1	245.16	225.68	47.45	-109.89
EBITDA Margin	21.59%	22.42%	24.87%	24.74%	9.32%	-41.02%
D&A For Ebitda	132.99	124.51	127.01	126.34	128.68	137.05
EBIT	69.52	78.59	118.16	99.34	-81.24	-246.95
EBIT Margin	7.41%	8.68%	11.98%	10.89%	-15.96%	-92.18%
Funds From Operations (FFO)	142.41	150.67	195.34	-	-	-
FFO Per Share	0.72	0.74	0.95	-	-	-
Adjusted Funds From Operations (AFFO)	-	163.02	196.51	-	-	-
AFFO Per Share	-	0.80	0.95	-	-	-
Effective Tax Rate	1.38%	-	2.16%	0.39%	0.33%	-
Revenue as Reported	937.93	905.81	986.48	912.05	509.15	267.91

Updated Nov 7, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q