Summit Hotel Properties (INN)
NYSE:INN
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Summit Hotel Properties (INN) Income Statement

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Summit Hotel Properties Income Statement

Last quarter (Q3 2024), Summit Hotel Properties's total revenue was $176.81M, a decrease of -3.06% from the same quarter last year. In Q3, Summit Hotel Properties's net income was $16.16M. See Summit Hotel Properties’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 753.35M$ 736.13M$ 675.70M$ 361.93M$ 234.46M$ 549.35M
Cost of Revenue
$ 390.42M$ 459.65M$ 419.79M$ 244.61M$ 200.40M$ 158.18M
Gross Profit
$ 362.93M$ 276.47M$ 255.90M$ 117.31M$ 34.07M$ 391.17M
Operating Expense
$ 236.37M$ 200.68M$ 197.27M$ 180.58M$ 175.29M$ 167.29M
Operating Income
$ 118.89M$ 58.79M$ 67.78M$ -33.27M$ -109.41M$ 119.41M
Net Non Operating Interest Income Expense
$ -19.70M$ -85.11M$ 64.04M$ -40.74M$ -48.12M$ -41.03M
Other Income Expense
$ -35.01M$ -16.01M$ 10.23M$ -9.76M$ -4.83M$ -50.89M
Pretax Income
$ 42.58M$ -25.32M$ 4.83M$ -67.11M$ -147.87M$ 83.85M
Tax Provision
$ 3.71M$ 2.80M$ 3.61M$ 1.47M$ 1.38M$ 1.50M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 60.69M$ -27.99M$ -16.93M$ -101.86M$ -158.18M$ 67.77M
Basic EPS
$ 0.22$ -0.27$ -0.16$ -0.80$ -1.52$ 0.65
Diluted EPS
$ 0.16$ -0.27$ -0.16$ -0.80$ -1.52$ 0.32
Basic Average Shares
$ 423.23M$ 105.55M$ 105.14M$ 104.47M$ 104.14M$ 103.89M
Diluted Average Shares
$ 466.77M$ 105.55M$ 105.14M$ 104.47M$ 104.14M$ 103.94M
Dividend Per Share
$ 0.22-----
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 272.03M$ 660.33M$ 617.06M$ 304.21M$ 271.80M$ 325.47M
Net Income From Continuing And Discontinued Operation
$ 80.26M$ -9.49M$ 1.47M$ -83.71M$ -143.34M$ 82.61M
Normalized Income
$ 12.06M-----
Interest Expense
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EBIT
$ 103.74M$ 61.48M$ 70.41M$ -61.25M$ -104.57M$ 124.88M
EBITDA
$ 216.96M$ 218.31M$ 220.57M$ 82.21M$ 5.05M$ 225.81M
Currency in USD

Summit Hotel Properties Earnings and Revenue History

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