Summit Hotel Properties (INN) Earnings

In its last earnings report on February 24, 2025, Summit Hotel Properties reported earnings per share (EPS) of $0.20, compared to an estimated EPS of $-0.10. The company reported revenue of $172.93M, compared to an estimated revenue of $172.09M.

Summit Hotel Properties's current Price-to-Earnings (P/E) ratio is 28.86. The trailing twelve months (TTM) P/E ratio is 13.08. The P/E ratio is a valuation metric that compares a company's current share price to its earnings per share (EPS). A higher P/E ratio suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E ratio.

For the fiscal year ending December 31, 2024, Summit Hotel Properties reported total revenue of $731.78M and net income of $25.14M. This represents a net profit margin of 0.0343558131.

Summit Hotel Properties's earnings yield is 3.46%. The earnings yield is the inverse of the P/E ratio and represents the percentage of each dollar invested in the stock that was earned by the company.

Summit Hotel Properties's return on equity (ROE) is 2.76%. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. It measures how effectively management is using a company's assets to create profits.

Summit Hotel Properties's gross profit margin is 35.48%. This indicates that for every dollar of revenue, the company retains $0.35 as gross profit after accounting for the cost of goods sold.