Real Estate - REIT - Hotel & Motel - NYSE - US
$ 6.19
-0.642 %
$ 671 M
Market Cap
123.8
P/E
INCOME STATEMENT
736 M
REVENUE
58.8 M
OPERATING INCOME
-9.49 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Summit Hotel Properties, Inc.
| Revenue | 736 M |
| Cost Of Revenue | 629 M |
| Gross Profit | 107 M |
| Operating Expenses | 273 M |
| Operating Income | 58.8 M |
| Other Expenses | 68.3 M |
| Net Income | -9.49 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||
| Revenue | 736.1 | 675.7 | 361.9 | 234.5 | 549.3 | 567.3 | 515.4 | 473.9 | 463.5 | 403.5 | 299.0 | 255.5 | 134.3 | 135.6 | 121.2 | 135.1 |
| GROSS PROFIT | ||||||||||||||||
| Cost Of Revenue | 629.0 | 419.8 | 244.6 | 200.4 | 333.2 | 341.4 | 190.4 | 174.8 | 173.9 | 156.5 | 120.2 | 104.0 | 94.4 | 66.2 | 59.1 | 57.6 |
| Gross Profit | 107.1 | 255.9 | 117.3 | 34.1 | 216.2 | 225.8 | 325.0 | 299.1 | 289.6 | 246.9 | 178.8 | 151.4 | 39.9 | 69.5 | 62.1 | 77.5 |
| OPERATING INCOME | ||||||||||||||||
| Operating Expenses | 272.9 | 197.3 | 142.6 | 141.7 | 139.6 | 141.0 | 240.7 | 212.6 | 207.2 | 190.2 | 142.2 | 130.5 | 32.9 | 57.3 | 54.1 | 56.3 |
| Selling, General and Administrative Expenses | 51.0 | 48.2 | 39.3 | 27.3 | 40.2 | 40.0 | 19.6 | 19.3 | 21.2 | 19.9 | 8.2 | 6.0 | 6.6 | 25.4 | 30.2 | 34.0 |
| Research and Development Expenses | 0 | 0.00715 | 0.185 | 0.631 | 0.153 | 0.159 | 0.196 | 0.225 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 58.8 | 67.8 | (15.8) | (102.8) | 82.0 | 125.2 | 83.9 | 82.5 | 80.0 | 47.2 | 33.2 | 17.5 | 6.7 | 5.6 | 0.5 | 21.2 |
| PRE-TAX INCOME | ||||||||||||||||
| Interest Income Expense | 86.8 | 65.6 | 43.4 | 43.3 | 41.0 | 41.9 | 29.7 | 28.1 | 30.4 | 27.0 | 20.1 | 16.5 | 13.2 | 26.4 | 18.3 | 17.0 |
| Total Other Income | (84.1) | (63.0) | (33.8) | (38.5) | (35.6) | (35.0) | 17.3 | (25.5) | 45.8 | (27.5) | (21.7) | (12.9) | (12.0) | (26.5) | (16.8) | (6.9) |
| Pre-Tax Income | (25.3) | 4.8 | (67.1) | (147.9) | 83.8 | 90.2 | 101.2 | 106.8 | 125.8 | 21.2 | 11.5 | 0.8 | (6.5) | (20.7) | (16.3) | 14.3 |
| NET INCOME | ||||||||||||||||
| Tax Provision | 2.8 | 3.6 | 1.5 | 1.4 | 1.5 | (0.9) | 1.7 | (1.4) | 0.6 | 0.7 | 4.9 | (1.2) | (2.3) | 0.2 | 18.3 | 0.8 |
| Net Income | (9.5) | 1.5 | (68.6) | (149.2) | 82.6 | 90.9 | 99.2 | 107.8 | 124.4 | 20.9 | 5.9 | 2.5 | (2.9) | (20.9) | (16.3) | 13.1 |
| EPS | 0.27 | 0.0139 | 0.66 | 1.43 | 0.65 | 0.88 | 0.79 | 1 | 1.25 | 0.05 | 0.11 | 0.17 | 0.11 | 0.77 | 0.0939 | 0.0704 |