Service Properties Trust
NASDAQ:SVC
Income Statement
Earnings Waterfall
Service Properties Trust
Revenue
|
1.9B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
650m
USD
|
Operating Expenses
|
-447.1m
USD
|
Operating Income
|
202.8m
USD
|
Other Expenses
|
-235.6m
USD
|
Net Income
|
-32.8m
USD
|
Income Statement
Service Properties Trust
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 564
N/A
|
1 604
+3%
|
1 643
+2%
|
1 691
+3%
|
1 736
+3%
|
1 778
+2%
|
1 833
+3%
|
1 885
+3%
|
1 922
+2%
|
1 961
+2%
|
2 004
+2%
|
2 035
+2%
|
2 047
+1%
|
2 062
+1%
|
2 082
+1%
|
2 116
+2%
|
2 172
+3%
|
2 212
+2%
|
2 253
+2%
|
2 279
+1%
|
2 295
+1%
|
2 291
0%
|
2 290
0%
|
2 286
0%
|
2 316
+1%
|
2 275
-2%
|
1 879
-17%
|
1 576
-16%
|
1 265
-20%
|
1 043
-18%
|
1 204
+15%
|
1 344
+12%
|
1 496
+11%
|
1 628
+9%
|
1 768
+9%
|
1 829
+3%
|
1 863
+2%
|
1 899
+2%
|
1 887
-1%
|
1 885
0%
|
1 874
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(930)
|
(954)
|
(976)
|
(1 006)
|
(1 035)
|
(1 062)
|
(1 096)
|
(1 125)
|
(1 144)
|
(1 163)
|
(1 183)
|
(1 197)
|
(1 203)
|
(1 209)
|
(1 224)
|
(1 245)
|
(1 280)
|
(1 312)
|
(1 346)
|
(1 370)
|
(1 392)
|
(1 397)
|
(1 404)
|
(1 415)
|
(1 411)
|
(1 366)
|
(1 031)
|
(828)
|
(698)
|
(642)
|
(838)
|
(948)
|
(1 011)
|
(1 106)
|
(1 188)
|
(1 221)
|
(1 227)
|
(1 237)
|
(1 221)
|
(1 220)
|
(1 224)
|
|
Gross Profit |
634
N/A
|
650
+2%
|
667
+3%
|
685
+3%
|
701
+2%
|
716
+2%
|
737
+3%
|
760
+3%
|
778
+2%
|
798
+3%
|
821
+3%
|
839
+2%
|
845
+1%
|
853
+1%
|
859
+1%
|
871
+1%
|
892
+2%
|
900
+1%
|
907
+1%
|
909
+0%
|
902
-1%
|
894
-1%
|
885
-1%
|
871
-2%
|
905
+4%
|
909
+0%
|
849
-7%
|
748
-12%
|
567
-24%
|
401
-29%
|
366
-9%
|
396
+8%
|
485
+22%
|
523
+8%
|
580
+11%
|
608
+5%
|
636
+4%
|
662
+4%
|
666
+1%
|
665
0%
|
650
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(349)
|
(355)
|
(361)
|
(368)
|
(362)
|
(372)
|
(374)
|
(381)
|
(440)
|
(443)
|
(475)
|
(499)
|
(457)
|
(479)
|
(478)
|
(462)
|
(512)
|
(498)
|
(485)
|
(488)
|
(508)
|
(508)
|
(507)
|
(510)
|
(492)
|
(523)
|
(554)
|
(575)
|
(565)
|
(560)
|
(557)
|
(561)
|
(555)
|
(533)
|
(510)
|
(483)
|
(459)
|
(455)
|
(450)
|
(444)
|
(447)
|
|
Selling, General & Administrative |
(50)
|
(49)
|
(51)
|
(54)
|
(46)
|
(56)
|
(55)
|
(58)
|
(110)
|
(105)
|
(129)
|
(147)
|
(99)
|
(115)
|
(108)
|
(84)
|
(125)
|
(105)
|
(88)
|
(88)
|
(105)
|
(105)
|
(104)
|
(104)
|
(55)
|
(56)
|
(56)
|
(55)
|
(51)
|
(49)
|
(52)
|
(54)
|
(53)
|
(53)
|
(52)
|
(49)
|
(44)
|
(44)
|
(43)
|
(43)
|
(45)
|
|
Depreciation & Amortization |
(299)
|
(305)
|
(311)
|
(314)
|
(316)
|
(317)
|
(318)
|
(323)
|
(330)
|
(338)
|
(346)
|
(352)
|
(357)
|
(364)
|
(370)
|
(378)
|
(387)
|
(393)
|
(397)
|
(400)
|
(403)
|
(403)
|
(402)
|
(405)
|
(428)
|
(457)
|
(485)
|
(504)
|
(499)
|
(495)
|
(490)
|
(492)
|
(486)
|
(466)
|
(445)
|
(422)
|
(401)
|
(397)
|
(391)
|
(384)
|
(384)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(8)
|
(9)
|
(13)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
(15)
|
(16)
|
(17)
|
(18)
|
|
Operating Income |
285
N/A
|
295
+4%
|
306
+4%
|
317
+3%
|
339
+7%
|
343
+1%
|
363
+6%
|
379
+4%
|
338
-11%
|
355
+5%
|
345
-3%
|
340
-2%
|
388
+14%
|
374
-4%
|
380
+2%
|
409
+8%
|
380
-7%
|
402
+6%
|
422
+5%
|
421
0%
|
394
-6%
|
386
-2%
|
379
-2%
|
362
-5%
|
414
+14%
|
387
-7%
|
295
-24%
|
174
-41%
|
3
-99%
|
(159)
N/A
|
(191)
-20%
|
(166)
+13%
|
(70)
+58%
|
(11)
+85%
|
70
N/A
|
125
+78%
|
177
+41%
|
207
+17%
|
216
+4%
|
221
+2%
|
203
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(146)
|
(146)
|
(146)
|
(143)
|
(139)
|
(140)
|
(141)
|
(143)
|
(142)
|
(148)
|
(153)
|
(157)
|
(160)
|
(161)
|
(164)
|
(170)
|
(178)
|
(157)
|
(140)
|
(99)
|
(208)
|
(213)
|
(296)
|
(346)
|
(262)
|
(310)
|
(269)
|
(289)
|
(286)
|
(306)
|
(327)
|
(320)
|
(343)
|
(349)
|
(359)
|
(349)
|
(347)
|
(274)
|
(254)
|
(274)
|
(267)
|
|
Non-Reccuring Items |
(11)
|
(11)
|
(8)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(39)
|
(40)
|
(39)
|
(38)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(9)
|
(50)
|
(66)
|
(39)
|
(41)
|
(3)
|
13
|
(21)
|
(14)
|
(143)
|
(129)
|
(127)
|
(125)
|
(14)
|
(8)
|
(14)
|
(13)
|
(9)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
11
|
11
|
11
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
9
|
0
|
0
|
0
|
0
|
160
|
160
|
160
|
160
|
(7)
|
(10)
|
(10)
|
2
|
9
|
23
|
23
|
12
|
17
|
45
|
45
|
48
|
84
|
45
|
46
|
43
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
128
N/A
|
138
+8%
|
153
+11%
|
174
+14%
|
199
+15%
|
203
+2%
|
232
+15%
|
245
+5%
|
168
-31%
|
179
+6%
|
153
-14%
|
144
-6%
|
227
+58%
|
212
-7%
|
215
+1%
|
249
+16%
|
211
-15%
|
254
+20%
|
291
+15%
|
322
+11%
|
186
-42%
|
332
+78%
|
243
-27%
|
166
-32%
|
262
+58%
|
3
-99%
|
(24)
N/A
|
(166)
-600%
|
(284)
-71%
|
(443)
-56%
|
(516)
-17%
|
(476)
+8%
|
(545)
-14%
|
(472)
+13%
|
(370)
+21%
|
(303)
+18%
|
(135)
+55%
|
9
N/A
|
(7)
N/A
|
(20)
-199%
|
(30)
-49%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
5
|
5
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(3)
|
(2)
|
(19)
|
(18)
|
(17)
|
(18)
|
(1)
|
(2)
|
1
|
1
|
1
|
0
|
0
|
5
|
0
|
3
|
1
|
|
Income from Continuing Operations |
133
|
143
|
151
|
173
|
197
|
201
|
230
|
242
|
166
|
177
|
150
|
140
|
223
|
208
|
212
|
246
|
209
|
252
|
289
|
320
|
185
|
331
|
242
|
166
|
259
|
1
|
(43)
|
(184)
|
(302)
|
(461)
|
(517)
|
(478)
|
(544)
|
(471)
|
(370)
|
(303)
|
(135)
|
14
|
(7)
|
(18)
|
(28)
|
|
Equity Earnings Affiliates |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
(1)
|
(3)
|
(5)
|
(10)
|
(12)
|
(9)
|
(6)
|
(1)
|
1
|
3
|
3
|
3
|
(1)
|
(2)
|
(3)
|
(4)
|
|
Net Income (Common) |
101
N/A
|
114
+13%
|
125
+10%
|
153
+22%
|
177
+16%
|
181
+2%
|
210
+16%
|
222
+6%
|
146
-34%
|
156
+7%
|
129
-17%
|
120
-7%
|
202
+69%
|
181
-10%
|
191
+5%
|
230
+20%
|
204
-11%
|
258
+27%
|
295
+14%
|
326
+11%
|
186
-43%
|
331
+78%
|
243
-27%
|
166
-32%
|
260
+57%
|
0
-100%
|
(46)
N/A
|
(189)
-312%
|
(311)
-65%
|
(473)
-52%
|
(526)
-11%
|
(484)
+8%
|
(545)
-13%
|
(469)
+14%
|
(367)
+22%
|
(300)
+18%
|
(132)
+56%
|
14
N/A
|
(9)
N/A
|
(21)
-126%
|
(33)
-58%
|
|
EPS (Diluted) |
0.69
N/A
|
0.76
+10%
|
0.83
+9%
|
1.03
+24%
|
1.18
+15%
|
1.2
+2%
|
1.39
+16%
|
1.47
+6%
|
0.97
-34%
|
1.04
+7%
|
0.86
-17%
|
0.76
-12%
|
1.3
+71%
|
1.1
-15%
|
1.18
+7%
|
1.4
+19%
|
1.24
-11%
|
1.57
+27%
|
1.79
+14%
|
1.98
+11%
|
1.13
-43%
|
2.01
+78%
|
1.47
-27%
|
1
-32%
|
1.58
+58%
|
0
N/A
|
-0.28
N/A
|
-1.14
-307%
|
-1.89
-66%
|
-2.88
-52%
|
-3.2
-11%
|
-2.94
+8%
|
-3.31
-13%
|
-2.85
+14%
|
-2.23
+22%
|
-1.82
+18%
|
-0.8
+56%
|
0.09
N/A
|
-0.05
N/A
|
-0.13
-160%
|
-0.2
-54%
|