Summit Hotel Properties (INN) Profit Metrics
Price: $5.37
Market Cap: $589.53M
Avg Volume: 726.29K
Market Cap: $589.53M
Avg Volume: 726.29K
Country: US
Industry: REIT - Hotel & Motel
Sector: Real Estate
Industry: REIT - Hotel & Motel
Sector: Real Estate
Profit Metrics Summary (Annual)
According to Summit Hotel Properties's latest annual financial reports:
- The company has reported a gross profit of 259.64M, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 35.48%, with a year-over-year growth of 0.63%.
- Summit Hotel Properties's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 259.22M. The EBITDA margin stands at 35.42%, showing a growth of 22.04% compared to the previous year.
- The operating income, representing the profit from business operations before taxes and interest, stands at 103.49M. The operating margin is 14.14%, with a year-over-year growth of 76.04%.
- The net income, which shows the company's total earnings or profit after all expenses, is 25.14M. The net profit margin is 3.44%, demonstrating a growth of 364.95% from the previous year.
These metrics provide a comprehensive overview of Summit Hotel Properties's profitability and operational efficiency over the past year.
Gross Profit
$259.64M
Gross Profit Margin (2023)
35.48%
EBITDA
$259.22M
EBITDA Margin
35.42%
Operating Income (2023)
$103.49M
Operating Margin
14.14%
Net Income
$25.14M
Net Profit Margin
3.44%
Historical Gross Profit
Historical Gross Profit Margin
Historical Gross Profit Growth
Historical EBITDA
Historical EBITDA Margin
Historical EBITDA Growth
Historical Operating Income
Historical Operating Profit Margin
Historical Operating Income Growth
Historical Net Income
Historical Net Profit Margin
Historical Net Income Growth
Summit Hotel Properties Historical Profit Metrics
Summit Hotel Properties Historical Profits
The table below shows various profit metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Gross Profit | Gross Profit Growth | Operating Income | Operating Income Growth | Net Income | Net Income Growth | EBITDA | EBITDA Growth |
|---|---|---|---|---|---|---|---|---|
| 2024 | $259.64M | 0.63% | $103.49M | 76.04% | $25.14M | 364.95% | $259.22M | 22.04% |
| 2023 | $258.02M | 0.83% | $58.79M | -13.27% | $-9.49M | -747.27% | $212.40M | 2.09% |
| 2022 | $255.90M | 118.14% | $67.78M | 529.73% | $1.47M | 102.14% | $208.05M | 150.46% |
| 2021 | $117.31M | 244.37% | $-15.77M | 84.66% | $-68.58M | 54.05% | $83.07M | 4086.79% |
| 2020 | $34.07M | -84.24% | $-102.79M | -225.39% | $-149.25M | -280.66% | $1.98M | -98.87% |
| 2019 | $216.15M | -4.29% | $81.98M | -34.52% | $82.61M | -9.14% | $175.95M | -5.31% |
| 2018 | $225.84M | -30.51% | $125.20M | 49.23% | $90.92M | -8.36% | $185.81M | 9.42% |
| 2017 | $324.99M | 8.65% | $83.89M | 1.71% | $99.21M | -7.97% | $169.82M | 9.23% |
| 2016 | $299.11M | 3.28% | $82.49M | 3.10% | $107.81M | -13.37% | $155.47M | 7.09% |
| 2015 | $289.60M | 17.28% | $80.01M | 69.67% | $124.44M | 496.22% | $145.18M | 27.95% |
| 2014 | $246.93M | 38.14% | $47.16M | 41.83% | $20.87M | 255.07% | $113.47M | 32.88% |
| 2013 | $178.75M | 18.03% | $33.25M | 89.82% | $5.88M | 134.09% | $85.39M | 157.60% |
| 2012 | $151.44M | 279.52% | $17.52M | 161.01% | $2.51M | 185.49% | $33.15M | -9.18% |
| 2011 | $39.90M | -42.56% | $6.71M | 19.00% | $-2.94M | 85.96% | $36.50M | 16.62% |
| 2010 | $69.46M | 11.78% | $5.64M | 1036.66% | $-20.92M | -28.23% | $31.30M | 26.27% |
| 2009 | $62.14M | -19.86% | $496.13K | -97.66% | $-16.31M | -224.74% | $24.79M | -54.39% |
| 2008 | $77.54M | 0.00% | $21.23M | 0.00% | $13.08M | 0.00% | $54.34M | 0.00% |
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