Sunstone Hotel Investors, Inc. (SHO)

Sunstone Hotel Investors Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	37.87	24.57	43.26	206.71	90.77	33
Depreciation & Amortization	140.39	138.31	127.55	129.71	128.82	131.61
Stock-Based Compensation	8.52	8.7	10.46	10.78	10.89	12.79
Other Adjustments	1	8.27	-0.08	-136.86	-24.15	-152.73
Change in Receivables	4.3	0	-0.17	10.61	-12.74	-20.52
Changes in Accounts Payable	-1.95	2.36	-6.66	-20.84	12.74	25.64
Changes in Other Operating Activities	-0.28	-1.38	-3.06	-1.97	3.05	-1.36
Operating Cash Flow	195.17	181.76	170.38	198.13	209.38	28.37
Operating Cash Flow Growth	19.06%	6.68%	-14.01%	-5.37%	638.05%	-
Capital Expenditures	-107.14	-104.32	-386.71	-110.13	-361.08	-427.16
Sale of Property, Plant & Equipment	23.17	46.35	-	364.49	191.29	183.55
Other Investing Activities	13.21	9.17	0.43	3.72	4.07	3.92
Investing Cash Flow	-47.58	-48.8	-386.28	258.08	-165.72	-239.69
Long-Term Debt Issued	126.5	199.6	100	225	473.62	110
Long-Term Debt Repaid	-129.6	-114.6	-74.05	-222.09	-268.92	-189.88
Net Long-Term Debt Issued (Repaid)	-3.1	85	25.95	2.91	204.7	-79.88
Issuance of Common Stock	-	-	-	-	-	38.44
Repurchase of Common Stock	-126.88	-106.87	-31.4	-59.75	-111.79	-4.88
Net Common Stock Issued (Repurchased)	-126.88	-106.87	-31.4	-59.75	-111.79	33.57
Issuance of Preferred Stock	-	-	-	-	-	215
Repurchase of Preferred Stock	-7.32	-1.27	-	-	-	-190
Net Preferred Stock Issued (Repurchased)	-7.32	-1.27	-	-	-	25
Common Dividends Paid	-86	-86.39	-90.97	-59.83	-24.82	-13.69
Other Financing Activities	-18	-17.98	-1.11	-3.06	-117.26	-7.09
Financing Cash Flow	-129.7	-127.52	-97.52	-119.72	-49.17	-42.1
Net Cash Flow	17.89	5.44	-313.42	336.49	-5.51	-253.42
Free Cash Flow	88.03	77.45	-216.33	88	-151.7	-398.79
Free Cash Flow Growth	13.67%	-	-	-	-	-
FCF Margin	8.93%	8.07%	-23.88%	8.92%	-16.63%	-78.32%
Free Cash Flow Per Share	0.46	0.40	-1.07	0.43	-0.71	-1.84
Levered Free Cash Flow	51.01	128.43	-214.88	192.4	61.27	-337.5
Unlevered Free Cash Flow	119.24	111.35	-192.33	117.98	-73.05	-359.69

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q