Summit Hotel Properties Inc
NYSE:INN
Income Statement
Earnings Waterfall
Summit Hotel Properties Inc
Revenue
|
736.1m
USD
|
Cost of Revenue
|
-422.9m
USD
|
Gross Profit
|
313.2m
USD
|
Operating Expenses
|
-237.4m
USD
|
Operating Income
|
75.8m
USD
|
Other Expenses
|
-103.8m
USD
|
Net Income
|
-28m
USD
|
Income Statement
Summit Hotel Properties Inc
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 |
299
N/A
|
329
+10%
|
355
+8%
|
382
+8%
|
404
+6%
|
422
+4%
|
437
+4%
|
453
+4%
|
464
+2%
|
474
+2%
|
480
+1%
|
474
-1%
|
474
+0%
|
474
0%
|
476
+0%
|
494
+4%
|
515
+4%
|
538
+4%
|
561
+4%
|
566
+1%
|
567
+0%
|
566
0%
|
557
-2%
|
548
-2%
|
549
+0%
|
519
-6%
|
401
-23%
|
320
-20%
|
235
-27%
|
184
-22%
|
245
+33%
|
303
+24%
|
362
+19%
|
446
+23%
|
543
+22%
|
610
+12%
|
676
+11%
|
716
+6%
|
728
+2%
|
731
+0%
|
736
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(198)
|
(219)
|
(234)
|
(249)
|
(262)
|
(271)
|
(280)
|
(290)
|
(296)
|
(301)
|
(302)
|
(297)
|
(296)
|
(297)
|
(300)
|
(312)
|
(326)
|
(329)
|
(333)
|
(327)
|
(317)
|
(315)
|
(309)
|
(304)
|
(306)
|
(295)
|
(242)
|
(203)
|
(162)
|
(134)
|
(161)
|
(186)
|
(213)
|
(257)
|
(307)
|
(349)
|
(387)
|
(410)
|
(419)
|
(420)
|
(423)
|
|
Gross Profit |
101
N/A
|
110
+10%
|
121
+10%
|
133
+11%
|
142
+6%
|
151
+6%
|
157
+4%
|
163
+4%
|
168
+3%
|
173
+3%
|
178
+3%
|
176
-1%
|
178
+1%
|
177
-1%
|
176
0%
|
182
+3%
|
190
+4%
|
208
+10%
|
228
+9%
|
240
+5%
|
251
+5%
|
251
+0%
|
248
-1%
|
244
-1%
|
244
0%
|
224
-8%
|
159
-29%
|
117
-26%
|
73
-38%
|
50
-31%
|
85
+70%
|
117
+39%
|
149
+27%
|
190
+27%
|
236
+24%
|
261
+11%
|
288
+10%
|
307
+6%
|
309
+1%
|
311
+1%
|
313
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(64)
|
(70)
|
(75)
|
(80)
|
(85)
|
(84)
|
(84)
|
(84)
|
(85)
|
(88)
|
(91)
|
(90)
|
(92)
|
(93)
|
(95)
|
(101)
|
(106)
|
(125)
|
(141)
|
(153)
|
(166)
|
(166)
|
(165)
|
(164)
|
(167)
|
(170)
|
(174)
|
(178)
|
(180)
|
(178)
|
(178)
|
(175)
|
(174)
|
(197)
|
(204)
|
(221)
|
(230)
|
(242)
|
(232)
|
(235)
|
(237)
|
|
Selling, General & Administrative |
(13)
|
(13)
|
(14)
|
(16)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(32)
|
(44)
|
(54)
|
(65)
|
(65)
|
(65)
|
(66)
|
(68)
|
(67)
|
(67)
|
(67)
|
(66)
|
(66)
|
(67)
|
(68)
|
(71)
|
(77)
|
(81)
|
(84)
|
(81)
|
(81)
|
(83)
|
(85)
|
(88)
|
|
Depreciation & Amortization |
(51)
|
(56)
|
(60)
|
(62)
|
(65)
|
(64)
|
(64)
|
(63)
|
(64)
|
(67)
|
(69)
|
(71)
|
(72)
|
(73)
|
(75)
|
(81)
|
(86)
|
(92)
|
(98)
|
(99)
|
(101)
|
(101)
|
(100)
|
(98)
|
(99)
|
(101)
|
(105)
|
(109)
|
(110)
|
(110)
|
(109)
|
(107)
|
(106)
|
(115)
|
(127)
|
(139)
|
(150)
|
(151)
|
(150)
|
(150)
|
(151)
|
|
Other Operating Expenses |
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(5)
|
(2)
|
(2)
|
0
|
3
|
(5)
|
3
|
1
|
1
|
(10)
|
1
|
1
|
1
|
|
Operating Income |
37
N/A
|
40
+10%
|
46
+14%
|
53
+16%
|
57
+7%
|
66
+17%
|
74
+11%
|
79
+7%
|
82
+5%
|
85
+3%
|
88
+3%
|
86
-2%
|
87
+0%
|
84
-3%
|
82
-3%
|
81
0%
|
84
+4%
|
84
-1%
|
87
+3%
|
87
0%
|
85
-2%
|
85
+0%
|
83
-2%
|
80
-3%
|
77
-5%
|
53
-30%
|
(15)
N/A
|
(61)
-303%
|
(108)
-77%
|
(128)
-19%
|
(93)
+27%
|
(58)
+38%
|
(25)
+56%
|
(8)
+70%
|
32
N/A
|
40
+25%
|
59
+48%
|
65
+11%
|
77
+18%
|
76
-1%
|
76
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(20)
|
(22)
|
(25)
|
(26)
|
(27)
|
(29)
|
(29)
|
(30)
|
(30)
|
(31)
|
(30)
|
(29)
|
(28)
|
(27)
|
(27)
|
(28)
|
(30)
|
(32)
|
(36)
|
(39)
|
(42)
|
(44)
|
(43)
|
(42)
|
(41)
|
(41)
|
(42)
|
(44)
|
(43)
|
(43)
|
(43)
|
(43)
|
(43)
|
(46)
|
(50)
|
(57)
|
(66)
|
(73)
|
(80)
|
(85)
|
(85)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(3)
|
(10)
|
(10)
|
(9)
|
(8)
|
(2)
|
(2)
|
(3)
|
(5)
|
(4)
|
(4)
|
(4)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(5)
|
(9)
|
(8)
|
0
|
(5)
|
(1)
|
(11)
|
0
|
(11)
|
(11)
|
(17)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
65
|
102
|
105
|
115
|
50
|
33
|
46
|
44
|
43
|
24
|
25
|
42
|
42
|
46
|
64
|
39
|
45
|
41
|
6
|
6
|
0
|
0
|
0
|
(0)
|
0
|
0
|
21
|
21
|
20
|
0
|
(1)
|
(1)
|
(0)
|
|
Total Other Income |
(2)
|
(2)
|
(2)
|
(1)
|
1
|
1
|
1
|
(0)
|
11
|
12
|
12
|
13
|
3
|
5
|
4
|
4
|
4
|
2
|
5
|
7
|
7
|
8
|
4
|
5
|
6
|
6
|
7
|
7
|
5
|
6
|
7
|
8
|
10
|
8
|
8
|
5
|
3
|
22
|
(0)
|
1
|
1
|
|
Pre-Tax Income |
12
N/A
|
13
+11%
|
16
+26%
|
17
+1%
|
21
+28%
|
29
+38%
|
37
+26%
|
47
+26%
|
126
+171%
|
165
+31%
|
170
+3%
|
182
+7%
|
107
-41%
|
90
-16%
|
103
+14%
|
99
-4%
|
101
+2%
|
78
-23%
|
81
+4%
|
96
+19%
|
90
-6%
|
94
+4%
|
106
+13%
|
80
-25%
|
84
+5%
|
56
-33%
|
(46)
N/A
|
(94)
-103%
|
(148)
-58%
|
(166)
-13%
|
(134)
+20%
|
(102)
+24%
|
(67)
+34%
|
(45)
+32%
|
5
N/A
|
8
+56%
|
5
-36%
|
14
+181%
|
(15)
N/A
|
(18)
-25%
|
(25)
-39%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(5)
|
(4)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
1
|
2
|
3
|
2
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
0
|
(0)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
(0)
|
(1)
|
(2)
|
1
|
(6)
|
(5)
|
(4)
|
(5)
|
1
|
(1)
|
(3)
|
|
Income from Continuing Operations |
7
|
8
|
11
|
12
|
20
|
28
|
35
|
45
|
125
|
163
|
169
|
183
|
108
|
93
|
105
|
100
|
100
|
77
|
80
|
96
|
91
|
94
|
106
|
79
|
82
|
53
|
(48)
|
(96)
|
(149)
|
(166)
|
(134)
|
(102)
|
(69)
|
(45)
|
(1)
|
2
|
1
|
8
|
(14)
|
(19)
|
(28)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
3
|
5
|
6
|
7
|
6
|
5
|
3
|
2
|
(11)
|
(6)
|
0
|
(0)
|
14
|
14
|
19
|
|
Net Income (Common) |
(9)
N/A
|
(9)
-2%
|
(7)
+25%
|
(2)
+66%
|
4
N/A
|
11
+171%
|
19
+64%
|
29
+52%
|
108
+278%
|
146
+35%
|
151
+4%
|
164
+8%
|
87
-47%
|
72
-18%
|
84
+17%
|
80
-5%
|
79
-1%
|
51
-35%
|
55
+8%
|
71
+29%
|
71
0%
|
79
+12%
|
90
+14%
|
64
-29%
|
68
+6%
|
39
-42%
|
(60)
N/A
|
(106)
-77%
|
(158)
-49%
|
(174)
-10%
|
(143)
+18%
|
(115)
+19%
|
(84)
+27%
|
(61)
+27%
|
(31)
+50%
|
(20)
+34%
|
(17)
+17%
|
(10)
+42%
|
(19)
-89%
|
(23)
-26%
|
(28)
-20%
|
|
EPS (Diluted) |
-0.09
N/A
|
-0.09
N/A
|
-0.06
+33%
|
-0.04
+33%
|
0.04
N/A
|
0.13
+225%
|
0.21
+62%
|
0.32
+52%
|
1.24
+288%
|
1.67
+35%
|
1.73
+4%
|
1.87
+8%
|
1
-47%
|
0.76
-24%
|
0.84
+11%
|
0.77
-8%
|
0.8
+4%
|
0.49
-39%
|
0.54
+10%
|
0.69
+28%
|
0.68
-1%
|
0.76
+12%
|
0.87
+14%
|
0.61
-30%
|
0.65
+7%
|
0.37
-43%
|
-0.58
N/A
|
-1.02
-76%
|
-1.52
-49%
|
-1.68
-11%
|
-1.37
+18%
|
-1.1
+20%
|
-0.8
+27%
|
-0.58
+28%
|
-0.25
+57%
|
-0.2
+20%
|
-0.16
+20%
|
-0.09
+44%
|
-0.17
-89%
|
-0.22
-29%
|
-0.27
-23%
|