Summit Hotel Properties financials
$5.91+1.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $729.5M | $731.8M | $736.1M | $675.7M | $361.9M | $234.5M | $549.3M | $567.3M | $515.4M | $473.9M |
| Gross profit | $313.8M | $329.6M | $331.6M | $305.8M | $148.8M | $78.8M | $260.4M | $269.2M | $227.2M | $227.3M |
| Gross margin | 43.0% | 45.0% | 45.1% | 45.3% | 41.1% | 33.6% | 47.4% | 47.5% | 44.1% | 48.0% |
| Operating income | $59.1M | $74.6M | $59.1M | $48.2M | -$29.7M | -$109.4M | $74.0M | $83.7M | $84.2M | $86.0M |
| Net income | -$23.6M | $25.1M | -$28.0M | -$16.9M | -$83.7M | -$158.2M | $67.8M | $71.0M | $79.2M | $87.4M |
| Net margin | −3.2% | 3.4% | −3.8% | −2.5% | −23.1% | −67.5% | 12.3% | 12.5% | 15.4% | 18.5% |
| Diluted EPS | $-0.22 | $0.22 | $-0.27 | $-0.16 | $-0.80 | $-1.52 | $0.65 | $0.68 | $0.79 | $1.00 |
| EBITDA | $210.5M | $227.7M | $226.7M | $208.8M | $80.7M | $2.0M | $176.0M | $185.8M | $170.2M | $159.0M |
| Operating cash flow | $149.0M | $166.3M | $153.6M | $169.6M | $66.1M | -$42.1M | $148.5M | $161.7M | $147.8M | $136.7M |
| Free cash flow | $73.6M | -$19.3M | $19.4M | -$193.6M | -$13.3M | -$64.7M | -$193.3M | $10.6M | -$499.2M | -$150.4M |
| Diluted shares | 106.9M | 132.4M | 105.5M | 105.1M | 104.5M | 104.1M | 103.9M | 103.8M | 99.8M | 87.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $36.1M | $40.6M | $37.8M | $51.3M | $64.5M | $20.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.39B | $1.40B | $1.43B | $1.45B | $1.07B | $1.09B |
| Total assets | $2.78B | $2.90B | $2.94B | $3.02B | $2.26B | $2.23B |
| Total liabilities | $1.50B | $1.51B | $1.54B | $1.56B | $1.16B | $1.18B |
| Shareholders' equity | $1.22B | $1.33B | $1.35B | $1.41B | $1.11B | $1.05B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology