NYSE : INN
Summit Hotel Properties, Inc. — Financial statements
Real Estate · REIT - Hotel & Motel · United States
Last price 7.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 839.18M
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Financial statements
Summit Hotel Properties, Inc. (INN) reported revenue of 736.15M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 691.75M | 687.01M | 691.58M | 697.58M | 641.49M | 341.64M |
| Other Revenue | 44.40M | 42.46M | 40.20M | 38.55M | 34.21M | 20.29M |
| Revenue | 736.15M | 729.47M | 731.78M | 736.13M | 675.70M | 361.93M |
| Cost of Revenue | 420.13M | 415.66M | 403.36M | 404.49M | 369.87M | 203.26M |
| Gross Profit | 316.01M | 313.82M | 328.42M | 331.64M | 305.82M | 158.66M |
| Selling, General & Admin | 47.67M | 48.58M | 47.76M | 50.98M | 46.91M | 36.39M |
| Other Operating Expenses | 55.13M | 54.69M | 54.12M | 55.17M | 49.92M | 41.35M |
| Operating Expenses | 251.10M | 252.88M | 248.31M | 255.84M | 245.89M | 181.06M |
| Operating Income | 64.91M | 60.94M | 80.11M | 75.80M | 59.94M | -22.40M |
| Interest Expense | -82.71M | -80.79M | -82.63M | -86.80M | -65.58M | -43.37M |
| Interest & Investment Income | 1.15M | 1.18M | 1.91M | 1.69M | 1.54M | 6.86M |
| Other Non Operating Income (Expenses) | 5.90M | 5.87M | 4.55M | 3.10M | 334.00K | -5.54M |
| EBT Excluding Unusual Items | -10.75M | -12.81M | 3.94M | -6.21M | -3.77M | -64.45M |
| Gain (Loss) on Sale of Assets | 6.75M | 6.58M | 28.91M | -337.00K | 20.32M | 240.00K |
| Asset Writedown | -5.47M | -1.83M | -6.72M | -16.66M | -10.42M | |
| Other Unusual Items | -2.67M | -2.77M | 2.82M | -2.11M | -1.30M | -2.90M |
| Pretax Income | -12.14M | -10.84M | 30.15M | -25.32M | 4.83M | -67.11M |
| Income Tax Expense | -1.63M | 842.00K | -8.74M | 2.80M | 3.61M | 1.47M |
| Earnings From Continuing Operations | -10.52M | -11.68M | 38.89M | -28.12M | 1.22M | -68.58M |
| Minority Interest in Earnings | 5.17M | 6.61M | 4.75M | 18.63M | 249.00K | 3.01M |
| Net Income | -5.34M | -5.07M | 43.64M | -9.49M | 1.47M | -65.57M |
| Preferred Dividends & Other Adjustments | 18.90M | 18.89M | 18.81M | 18.50M | 18.39M | 18.14M |
| Net Income to Common | -24.25M | -23.95M | 24.83M | -27.99M | -16.93M | -83.71M |
| Shares Outstanding (Basic) | 105.56M | 106.85M | 105.93M | 105.55M | 105.14M | 104.47M |
| Shares Outstanding (Diluted) | 105.56M | 106.85M | 132.37M | 105.55M | 105.14M | 104.47M |
| EPS (Basic) | -0.23 | -0.22 | 0.23 | -0.27 | -0.16 | -0.80 |
| EPS (Diluted) | -0.23 | -0.22 | 0.22 | -0.27 | -0.16 | -0.80 |
| Free Cash Flow | 91.39M | 66.04M | -24.46M | 18.62M | 93.15M | 45.70M |
| Free Cash Flow Per Share | 0.87 | 0.62 | -0.18 | 0.18 | 0.89 | 0.44 |
| Dividend Per Share | 0.32 | 0.32 | 0.30 | 0.22 | 0.08 | |
| Gross Margin | 42.93% | 43.02% | 44.88% | 45.05% | 45.26% | 43.84% |
| Operating Margin | 8.82% | 8.35% | 10.95% | 10.30% | 8.87% | -6.19% |
| Profit Margin | -3.29% | -3.28% | 3.39% | -3.80% | -2.50% | -23.13% |
| Free Cash Flow Margin | 12.41% | 9.05% | -3.34% | 2.53% | 13.79% | 12.63% |
| EBITDA | 212.53M | 209.85M | 225.88M | 226.13M | 209.43M | 83.07M |
| EBITDA Margin | 28.87% | 28.77% | 30.87% | 30.72% | 31.00% | 22.95% |
| D&A For EBITDA | 147.62M | 148.91M | 145.76M | 150.33M | 149.50M | 105.46M |
| EBIT | 64.91M | 60.94M | 80.11M | 75.80M | 59.94M | -22.40M |
| EBIT Margin | 8.82% | 8.35% | 10.95% | 10.30% | 8.87% | -6.19% |
| Effective Tax Rate | 74.79% | |||||
| Revenue as Reported | 736.15M | 729.47M | 731.78M | 736.13M | 675.70M | 361.93M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 36.93M | 36.11M | 40.64M | 37.84M | 51.26M | 64.48M |
| Trading Asset Securities | 8.70M | 3.00M | 11.57M | 13.96M | 16.84M | |
| Cash & Short-Term Investments | 45.63M | 39.11M | 52.21M | 51.80M | 68.10M | 64.48M |
| Accounts Receivable | 22.21M | 17.35M | 18.62M | 21.35M | 21.02M | 14.48M |
| Other Receivables | 1.16M | |||||
| Receivables | 22.21M | 17.35M | 19.78M | 21.35M | 21.02M | 14.48M |
| Prepaid Expenses | 14.07M | 3.83M | 4.51M | 5.05M | 3.35M | 8.40M |
| Restricted Cash | 5.53M | 5.10M | 7.72M | 9.93M | 10.55M | 32.46M |
| Other Current Assets | 19.34M | 16.17M | 6.06M | 70.28M | 33.86M | 12.55M |
| Total Current Assets | 106.79M | 81.56M | 90.29M | 158.41M | 136.87M | 132.38M |
| Property, Plant & Equipment | 2.58B | 2.65B | 2.76B | 2.74B | 2.84B | 2.11B |
| Other Intangible Assets | 24.21M | 25.01M | 26.58M | 30.70M | 34.84M | 10.83M |
| Long-Term Deferred Tax Assets | 11.63M | 11.29M | 20.00K | 108.00K | 49.00K | |
| Long-Term Deferred Charges | 6.06M | 10.05M | 6.46M | 6.86M | 7.41M | 11.11M |
| Other Long-Term Assets | 12.97M | 395.00K | 492.00K | 723.00K | 1.00M | 2.45M |
| Total Assets | 2.73B | 2.78B | 2.90B | 2.94B | 3.02B | 2.26B |
| Accounts Payable | 7.88M | 7.54M | 7.45M | 4.83M | 5.52M | 4.46M |
| Accrued Expenses | 83.62M | 66.20M | 69.99M | 72.78M | 71.44M | 45.70M |
| Current Portion of Long-Term Debt | 536.00K | |||||
| Current Portion of Leases | 1.27M | 2.42M | ||||
| Total Current Liabilities | 92.77M | 76.69M | 77.44M | 77.61M | 76.96M | 50.16M |
| Long-Term Debt | 1.37B | 1.39B | 1.40B | 1.43B | 1.45B | 1.09B |
| Long-Term Leases | 22.70M | 21.67M | 24.87M | 25.84M | 25.48M | 17.23M |
| Other Long-Term Liabilities | 9.68M | 12.16M | 8.44M | 9.86M | 4.79M | |
| Total Liabilities | 1.49B | 1.50B | 1.51B | 1.54B | 1.56B | 1.16B |
| Common Stock | 1.08M | 1.09M | 1.08M | 1.08M | 1.07M | 1.06M |
| Additional Paid-In Capital | 1.26B | 1.26B | 1.25B | 1.24B | 1.23B | 1.23B |
| Retained Earnings | -429.05M | -405.62M | -347.04M | -339.85M | -288.20M | -262.64M |
| Comprehensive Income & Other | 6.31M | 2.12M | 9.17M | 10.97M | 14.54M | -15.64M |
| Total Common Equity | 838.84M | 862.05M | 909.44M | 911.09M | 959.71M | 947.97M |
| Minority Interest | 402.31M | 411.82M | 475.50M | 485.50M | 498.36M | 159.12M |
| Shareholders' Equity | 1.24B | 1.27B | 1.39B | 1.40B | 1.46B | 1.11B |
| Total Liabilities & Equity | 2.73B | 2.78B | 2.90B | 2.94B | 3.02B | 2.26B |
| Total Debt | 1.40B | 1.42B | 1.42B | 1.46B | 1.48B | 1.10B |
| Net Cash (Debt) | -1.35B | -1.38B | -1.37B | -1.40B | -1.41B | -1.04B |
| Net Cash Per Share | -12.79 | -12.91 | -10.35 | -13.31 | -13.40 | -9.94 |
| Filing Date Shares Outstanding | 104.85M | 105.90M | 107.39M | 107.59M | 106.90M | 106.34M |
| Total Common Shares Outstanding | 104.85M | 105.90M | 106.04M | 107.59M | 106.90M | 106.34M |
| Working Capital | 14.02M | 4.88M | 12.85M | 80.80M | 59.92M | 82.21M |
| Book Value Per Share | 8.00 | 8.14 | 8.58 | 8.47 | 8.98 | 8.91 |
| Tangible Book Value | 814.63M | 837.04M | 882.87M | 880.39M | 924.87M | 937.13M |
| Tangible Book Value Per Share | 7.77 | 7.90 | 8.33 | 8.18 | 8.65 | 8.81 |
| Land | 408.96M | 410.69M | 415.57M | 375.41M | 373.11M | 323.28M |
| Buildings | 2.87B | 2.89B | 2.87B | 2.80B | 2.82B | 2.13B |
| Machinery | 306.24M | 308.62M | 296.48M | 269.68M | 252.84M | 167.25M |
| Construction In Progress | 26.50M | 26.11M | 42.91M | 42.81M | 64.16M | 18.32M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -5.34M | -5.07M | 43.64M | -9.49M | 1.47M | -65.57M |
| Depreciation & Amortization | 147.62M | 148.91M | 145.76M | 150.33M | 149.50M | 105.46M |
| Other Amortization | 8.14M | 7.59M | 7.25M | 6.50M | 6.37M | 4.85M |
| Loss (Gain) From Sale of Assets | -6.75M | -6.58M | -28.91M | 337.00K | -20.32M | -240.00K |
| Asset Writedown & Restructuring Costs | 5.47M | 1.83M | 6.72M | 16.66M | 10.42M | 4.36M |
| Stock-Based Compensation | 7.51M | 8.79M | 8.13M | 7.74M | 8.45M | 10.68M |
| Provision & Write-off of Bad Debts | -1.23M | -1.10M | -2.63M | |||
| Other Operating Activities | -6.49M | -6.00M | -18.35M | -17.89M | 1.34M | -3.44M |
| Change in Accounts Receivable | -69.00K | 1.02M | 2.72M | -334.00K | -7.26M | -2.70M |
| Change in Accounts Payable | 1.34M | 225.00K | 2.51M | -380.00K | -438.00K | 1.85M |
| Change in Other Net Operating Assets | 6.36M | -1.69M | -3.16M | 1.39M | 21.19M | 13.43M |
| Operating Cash Flow | 157.78M | 149.03M | 166.32M | 153.64M | 169.62M | 66.05M |
| Capital Expenditures | -66.39M | -82.99M | -190.78M | -135.02M | -76.47M | -20.36M |
| Sale of Property, Plant & Equipment | 50.44M | 39.67M | 109.44M | 35.18M | 73.76M | |
| Sale (Purchase) of Real Estate | -1.41M | -286.73M | -59.04M | |||
| Other Investing Activities | 52.00K | -76.00K | 9.84M | 1.00M | -10.61M | |
| Investing Cash Flow | -17.30M | -43.39M | -71.50M | -101.96M | -290.51M | -74.24M |
| Long-Term Debt Issued | 223.00M | 165.00M | 75.00M | 531.50M | 516.77M | |
| Long-Term Debt Repaid | -226.87M | -199.68M | -92.28M | -531.90M | -536.93M | |
| Net Debt Issued (Repaid) | -45.62M | -3.87M | -34.67M | -17.28M | -398.00K | -20.16M |
| Repurchase of Common Stock | -7.11M | -17.02M | -939.00K | -1.39M | -2.46M | -2.69M |
| Preferred Dividends Paid | -18.76M | -18.80M | -18.80M | -18.83M | -18.34M | -15.52M |
| Common Dividends Paid | -38.43M | -38.99M | -36.88M | -26.95M | -10.05M | |
| Dividends Paid | -57.19M | -57.79M | -55.68M | -45.78M | -28.39M | -15.52M |
| Other Financing Activities | -36.32M | -34.12M | -2.94M | -1.27M | 117.00M | 83.00M |
| Financing Cash Flow | -146.24M | -112.79M | -94.23M | -65.72M | 85.76M | 66.24M |
| Net Cash Flow | -5.76M | -7.15M | 590.00K | -14.04M | -35.14M | 58.05M |
| Free Cash Flow | 91.39M | 66.04M | -24.46M | 18.62M | 93.15M | 45.70M |
| Free Cash Flow Margin | 12.41% | 9.05% | -3.34% | 2.53% | 13.79% | 12.63% |
| Free Cash Flow Per Share | 0.87 | 0.62 | -0.18 | 0.18 | 0.89 | 0.44 |
| Levered Free Cash Flow | 74.09M | 61.82M | 37.16M | -14.51M | 110.23M | 54.97M |
| Unlevered Free Cash Flow | 118.34M | 105.43M | 82.22M | 33.83M | 145.51M | 77.72M |
| Cash Interest Paid | 76.46M | 74.98M | 78.92M | 78.89M | 58.41M | 37.51M |
| Cash Income Tax Paid | 1.22M | 1.09M | 2.03M | 2.67M | 3.74M | 557.00K |
| Change in Working Capital | 7.63M | -442.00K | 2.07M | 672.00K | 13.49M | 12.59M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 835.64M | 515.74M | 742.66M | 722.93M | 771.79M | 1.04B |
| Enterprise Value | 2.19B | 2.34B | 2.51B | 2.62B | 2.68B | 2.22B |
| Last Close Price | 7.12 | 4.65 | 6.17 | 5.77 | 5.99 | 8.02 |
| PE Ratio | 29.91 | |||||
| Forward PE | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | |
| PS Ratio | 1.14 | 0.71 | 1.01 | 0.98 | 1.14 | 2.87 |
| PB Ratio | 0.89 | 0.41 | 0.54 | 0.52 | 0.53 | 0.94 |
| P/TBV Ratio | 1.03 | 0.62 | 0.84 | 0.82 | 0.83 | 1.11 |
| P/FCF Ratio | 9.18 | 7.81 | 38.82 | 8.29 | 22.74 | |
| P/OCF Ratio | 5.32 | 3.46 | 4.46 | 4.71 | 4.55 | 15.73 |
| PEG Ratio | 2.98 | 2.98 | 2.98 | 2.98 | 64.97 | |
| EV/Sales Ratio | 2.97 | 3.21 | 3.43 | 3.56 | 3.97 | 6.13 |
| EV/EBITDA Ratio | 10.30 | 11.16 | 11.10 | 11.58 | 12.80 | 26.72 |
| EV/EBIT Ratio | 33.72 | 38.42 | 31.31 | 34.54 | 44.73 | |
| EV/FCF Ratio | 23.95 | 35.45 | 140.58 | 28.78 | 48.58 | |
| Debt / Equity Ratio | 1.12 | 1.11 | 1.03 | 1.04 | 1.01 | 1.00 |
| Debt / EBITDA Ratio | 6.42 | 6.62 | 6.17 | 6.31 | 6.92 | 12.77 |
| Debt / FCF Ratio | 15.27 | 21.48 | 78.22 | 15.86 | 24.13 | |
| Net Debt / Equity Ratio | 1.09 | 1.08 | 0.99 | 1.01 | 0.97 | 0.94 |
| Net Debt / EBITDA Ratio | 6.35 | 6.57 | 6.06 | 6.21 | 6.73 | 12.50 |
| Net Debt / FCF Ratio | 14.77 | 20.89 | -55.98 | 75.44 | 15.13 | 22.72 |
| Asset Turnover | 0.26 | 0.26 | 0.25 | 0.25 | 0.26 | 0.16 |
| Quick Ratio | 0.73 | 0.74 | 0.93 | 0.94 | 1.16 | 1.57 |
| Current Ratio | 1.15 | 1.06 | 1.17 | 2.04 | 1.78 | 2.64 |
| Return on Equity (ROE) | -0.82% | -0.88% | 2.80% | -1.97% | 0.10% | -6.35% |
| Return on Assets (ROA) | 1.45% | 1.34% | 1.72% | 1.59% | 1.42% | -0.62% |
| Return on Invested Capital (ROIC) | 2.49% | 2.25% | 2.88% | 2.67% | 0.60% | -1.04% |
| Return on Capital Employed (ROCE) | 2.50% | 2.30% | 2.80% | 2.60% | 2.00% | -1.00% |
| Earnings Yield | -3.24% | -0.98% | 5.88% | -1.31% | 0.19% | -6.31% |
| FCF Yield | 10.89% | 12.81% | -3.29% | 2.58% | 12.07% | 4.40% |
| Dividend Yield | 4.50% | 6.57% | 4.28% | 3.27% | 1.11% | |
| Payout Ratio | 127.57% | 1,936.49% | ||||
| Buyback Yield / Dilution | 1.28% | 19.28% | -25.41% | -0.39% | -0.64% | -0.32% |
| Total Shareholder Return | 5.73% | 25.85% | -21.12% | 2.89% | 0.47% | -0.32% |