Sunstone Hotel Investors, Inc. (SHO)
NYSE: SHO · Real-Time Price · USD
11.28
+0.11 (0.98%)
At close: Aug 20, 2026, 4:00 PM EDT
11.20
-0.08 (-0.71%)
After-hours: Aug 20, 2026, 7:30 PM EDT

Sunstone Hotel Investors Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
53.1224.5743.26206.7187.2934.3
Depreciation & Amortization
136.55134.51124.51127.01126.34128.68
Other Amortization
4.083.83.052.72.492.93
Gain (Loss) on Sale of Assets
-8.75-0.46-123.82-22.95-152.44
Asset Writedown
1.64---3.472.69
Stock-Based Compensation
9.318.710.4610.7810.8912.79
Change in Accounts Receivable
-6.390-0.1710.61-12.74-20.52
Change in Accounts Payable
6.982.36-6.66-20.8412.7425.64
Change in Other Net Operating Assets
0.12-1.38-3.06-1.973.05-1.36
Other Operating Activities
-7.740.01-1.03-13.41-2.15-4.65
Operating Cash Flow
198.44181.76170.38198.13209.3828.37
Operating Cash Flow Growth
18.21%6.68%-14.01%-5.37%638.05%-

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-101.64-104.32-386.71-110.13-361.08-427.16
Sale of Real Estate Assets
-46.35-364.49191.29183.55
Net Sale / Acq. of Real Estate Assets
-101.64-57.97-386.71254.36-169.79-243.61
Other Investing Activities
34.279.170.433.724.073.92
Investing Cash Flow
-67.37-48.8-386.28258.08-165.72-239.69

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-50--230110
Long-Term Debt Issued
-149.6100225243.62-
Total Debt Issued
287.6199.6100225473.62110
Short-Term Debt Repaid
--50---230-110
Long-Term Debt Repaid
--64.6-74.05-222.09-38.92-79.88
Total Debt Repaid
-179.6-114.6-74.05-222.09-268.92-189.88
Net Debt Issued (Repaid)
1088525.952.91204.7-79.88
Issuance of Common Stock
-----38.44
Repurchase of Common Stock
-48.42-106.87-31.4-59.75-111.79-4.88
Preferred Stock Issued
-----215
Preferred Share Repurchases
-29.46-1.27----190
Preferred Dividends Paid
------13.69
Common & Preferred Dividends Paid
-84.63-86.39-90.97-59.83-24.82-
Total Dividends Paid
-84.63-86.39-90.97-59.83-24.82-13.69
Other Financing Activities
-17.78-17.98-1.11-3.06-117.26-7.09

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
58.785.44-313.42336.49-5.51-253.42

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
-112.62167.92140.01183.98173.0344.67
Unlevered Free Cash Flow
-85.33197.22168.3213.58190.5561.06

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
52.5348.8248.8649.331.6631.43
Cash Income Tax Paid
--1.43.141.730.710.04
Change in Working Capital
0.710.98-9.88-12.23.053.76
SEC Filings: 10-K · 10-Q