Sunstone Hotel Investors (SHO) Financial Statements
Price: $9.45
Market Cap: $1.90B
Avg Volume: 2.19M
Market Cap: $1.90B
Avg Volume: 2.19M
Country: US
Industry: REIT - Hotel & Motel
Sector: Real Estate
Industry: REIT - Hotel & Motel
Sector: Real Estate
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Sunstone Hotel Investors.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $905.81M | $985.98M | $912.05M | $509.15M | $267.91M | $1.12B | $1.16B | $1.19B | $1.19B | $1.25B |
| Cost of Revenue | $- | $509.52M | $448.56M | $290.97M | $251.69M | $530.80M | $546.38M | $560.93M | $560.02M | $591.83M |
| Gross Profit | $905.81M | $476.46M | $463.50M | $218.18M | $16.22M | $584.36M | $612.67M | $632.71M | $629.32M | $657.35M |
| Gross Profit Ratio | 100.00% | 48.30% | 50.82% | 42.90% | 6.05% | 52.40% | 52.86% | 53.01% | 52.91% | 52.62% |
| Research and Development Expenses | $- | $- | $0 | $0 | $-2 | $0 | $0 | $0 | $0 | $- |
| General and Administrative Expenses | $- | $- | $148.58M | $111.68M | $78.00M | $160.59M | $162.67M | $167.34M | $168.73M | $175.67M |
| Selling and Marketing Expenses | $52.18M | $51.96M | $46.98M | $31.16M | $23.74M | $54.37M | $55.52M | $58.57M | $60.09M | $61.89M |
| Selling General and Administrative Expenses | $52.18M | $51.96M | $195.56M | $142.84M | $101.74M | $214.95M | $218.19M | $225.91M | $228.82M | $237.56M |
| Other Expenses | $775.04M | $425.00M | $168.59M | $160.78M | $161.42M | $207.32M | $211.20M | $225.73M | $230.09M | $239.35M |
| Operating Expenses | $827.22M | $476.96M | $364.15M | $303.62M | $263.17M | $422.28M | $429.38M | $451.65M | $458.91M | $476.92M |
| Cost and Expenses | $827.22M | $740.76M | $812.71M | $594.59M | $514.85M | $953.08M | $975.77M | $1.01B | $1.02B | $1.07B |
| Interest Income | $13.72M | $7.83M | $5.24M | $3.40M | $2.84M | $16.56M | $10.50M | $4.34M | $1.80M | $3.88M |
| Interest Expense | $47.62M | $48.98M | $32.01M | $31.24M | $53.31M | $54.22M | $47.69M | $51.77M | $50.28M | $66.52M |
| Depreciation and Amortization | $124.51M | $127.06M | $808.91M | $586.68M | $519.59M | $958.95M | $977.16M | $1.01B | $1.02B | $164.72M |
| EBITDA | $118.74M | $387.31M | $249.23M | $43.24M | $-107.06M | $326.39M | $324.02M | $340.89M | $351.81M | $452.29M |
| EBITDA Ratio | 13.11% | 39.28% | 27.00% | 8.49% | -39.96% | 29.27% | 29.35% | 28.82% | 28.19% | 27.94% |
| Operating Income | $78.59M | $245.22M | $104.59M | $-85.44M | $-244.11M | $178.64M | $298.85M | $141.00M | $170.41M | $180.44M |
| Operating Income Ratio | 8.68% | 24.87% | 11.47% | -16.78% | -91.12% | 16.02% | 25.78% | 11.81% | 14.33% | 14.44% |
| Total Other Income Expenses Net | $-36.43M | $-33.95M | $-4.75M | $121.23M | $-294.02M | $-19.44M | $-38.02M | $-2.78M | $-30.35M | $160.62M |
| Income Before Tax | $42.16M | $211.27M | $91.12M | $33.10M | $-403.92M | $142.64M | $260.83M | $138.23M | $140.06M | $341.06M |
| Income Before Tax Ratio | 4.65% | 21.43% | 9.99% | 6.50% | -150.77% | 12.79% | 22.50% | 11.58% | 11.78% | 27.30% |
| Income Tax Expense | $-1.10M | $4.56M | $359.00K | $109.00K | $6.59M | $-151.00K | $1.77M | $-7.78M | $-616.00K | $1.43M |
| Net Income | $43.26M | $206.71M | $87.29M | $34.30M | $-410.51M | $135.73M | $250.44M | $145.38M | $134.20M | $347.36M |
| Net Income Ratio | 4.78% | 20.96% | 9.57% | 6.74% | -153.23% | 12.17% | 21.61% | 12.18% | 11.28% | 27.81% |
| EPS | $0.21 | $0.93 | $0.34 | $0.16 | $-1.90 | $0.54 | $1.11 | $0.59 | $0.55 | $1.62 |
| EPS Diluted | $0.21 | $0.93 | $0.34 | $0.16 | $-1.90 | $0.54 | $1.11 | $0.59 | $0.55 | $1.62 |
| Weighted Average Shares Outstanding | 201.74M | 205.59M | 212.61M | 216.30M | 215.93M | 225.68M | 225.92M | 221.90M | 214.97M | 207.35M |
| Weighted Average Shares Outstanding Diluted | 202.64M | 205.87M | 212.65M | 216.30M | 215.93M | 225.68M | 225.92M | 221.90M | 214.97M | 207.35M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $107.20M | $426.40M | $101.22M | $120.48M | $368.41M | $816.86M | $809.32M | $488.00M | $369.54M | $499.07M |
| Short Term Investments | $- | $- | $268.00K | $3.00K | $- | $- | $- | $-3.09B | $- | $- |
| Cash and Short Term Investments | $107.20M | $426.40M | $101.22M | $120.48M | $368.41M | $816.86M | $809.32M | $488.00M | $369.54M | $499.07M |
| Net Receivables | $34.11M | $31.21M | $42.09M | $28.73M | $8.57M | $35.21M | $33.84M | $34.22M | $39.34M | $32.02M |
| Inventory | $- | $- | $55.98M | $118.54M | $47.73M | $48.12M | $1.08M | $1.32M | $1.23M | $1.40M |
| Other Current Assets | $- | $93.68M | $70.65M | $132.88M | $58.17M | $61.67M | $64.24M | $204.58M | $157.53M | $87.06M |
| Total Current Assets | $141.31M | $551.29M | $213.97M | $282.10M | $435.14M | $913.73M | $908.47M | $728.12M | $567.62M | $619.54M |
| Property Plant Equipment Net | $10.73M | $15.88M | $15.03M | $23.16M | $72.28M | $108.28M | $8.43M | $584.00K | $779.00K | $1.53M |
| Goodwill | $- | $- | $- | $- | $- | $- | $990.00K | $990.00K | $990.00K | $990.00K |
| Intangible Assets | $930.00K | $930.00K | $42.69M | $42.70M | $20.41M | $31.93M | $50.89M | $34.14M | $35.82M | $37.44M |
| Goodwill and Intangible Assets | $930.00K | $930.00K | $42.69M | $42.70M | $20.41M | $31.93M | $990.00K | $990.00K | $990.00K | $990.00K |
| Long Term Investments | $- | $- | $-3.08B | $-3.04B | $-2.99B | $-31.93M | $3.01B | $3.10B | $1.75M | $760.00K |
| Tax Assets | $- | $- | $3.08B | $3.04B | $2.99B | $7.42M | $8.41M | $9.49M | $-1.75M | $-760.00K |
| Other Non-Current Assets | $2.86B | $2.59B | $2.81B | $2.69B | $2.46B | $2.89B | $33.36M | $23.62M | $3.17B | $3.24B |
| Total Non-Current Assets | $2.87B | $2.61B | $2.87B | $2.76B | $2.55B | $3.01B | $3.06B | $3.13B | $3.17B | $3.24B |
| Other Assets | $94.06M | $-9.07M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.11B | $3.15B | $3.08B | $3.04B | $2.99B | $3.92B | $3.97B | $3.86B | $3.74B | $3.86B |
| Account Payables | $52.72M | $48.41M | $73.73M | $47.70M | $18.79M | $35.61M | $30.43M | $31.81M | $36.11M | $30.19M |
| Short Term Debt | $- | $74.05M | $220.00M | $20.69M | $7.29M | $86.85M | $5.84M | $5.48M | $184.93M | $85.78M |
| Tax Payables | $10.09M | $2.86M | $7.50M | $12.59M | $10.13M | $16.07M | $15.81M | $18.00M | $17.18M | $18.46M |
| Deferred Revenue | $1.43M | $2.71M | $44.22M | $33.75M | $13.34M | $18.00M | $16.71M | $13.45M | $14.51M | $12.73M |
| Other Current Liabilities | $30.41M | $37.63M | $14.99M | $61.02M | $54.58M | $187.01M | $180.65M | $187.27M | $170.59M | $304.14M |
| Total Current Liabilities | $94.65M | $165.66M | $380.89M | $175.76M | $90.79M | $325.55M | $232.72M | $242.56M | $408.80M | $450.99M |
| Long Term Debt | $12.02M | $757.24M | $827.04M | $615.35M | $788.05M | $954.22M | $998.23M | $1.00B | $761.95M | $1.03B |
| Deferred Revenue Non-Current | $- | $48.14M | $8.81M | $6.60M | $7.91M | $5.22M | $27.29M | $25.17M | $32.85M | $30.07M |
| Deferred Tax Liabilities Non-Current | $- | $- | $14.36M | $-6.60M | $-7.91M | $8.89M | $304.00K | $257.00K | $-32.85M | $-30.07M |
| Other Non-Current Liabilities | $978.58M | $11.63M | $-210.07M | $10.17M | $9.58M | $4.02M | $30.70M | $3.56M | $36.65M | $36.29M |
| Total Non-Current Liabilities | $990.60M | $817.02M | $616.97M | $625.52M | $805.54M | $972.35M | $1.03B | $1.03B | $798.60M | $1.06B |
| Other Liabilities | $-82.63M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.00B | $982.68M | $997.86M | $801.27M | $896.34M | $1.30B | $1.26B | $1.28B | $1.21B | $1.51B |
| Preferred Stock | $66.25M | $281.25M | $281.25M | $281.25M | $190.00M | $190.00M | $190.00M | $190.00M | $190.00M | $115.00M |
| Common Stock | $2.01M | $2.04M | $2.09M | $2.19M | $2.16M | $2.25M | $2.28M | $2.25M | $2.20M | $2.08M |
| Retained Earnings | $-574.94M | $-533.06M | $1.04B | $948.06M | $913.77M | $1.32B | $1.18B | $932.28M | $786.90M | $-275.01M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $0 | $-715.96M | $-729.62M | $-301.32M | $-257.48M | $-337.74M | $-306.05M | $-275.16M |
| Other Total Stockholders Equity | $2.61B | $2.42B | $2.47B | $2.40B | $2.40B | $1.06B | $1.29B | $1.41B | $1.50B | $2.73B |
| Total Stockholders Equity | $2.10B | $2.17B | $2.08B | $2.20B | $2.05B | $2.57B | $2.66B | $2.53B | $2.48B | $2.30B |
| Total Equity | $2.10B | $2.17B | $2.76B | $2.24B | $2.09B | $2.62B | $2.71B | $2.58B | $2.53B | $2.35B |
| Total Liabilities and Stockholders Equity | $3.11B | $3.15B | $3.08B | $3.04B | $2.99B | $3.92B | $3.97B | $3.86B | $3.74B | $3.86B |
| Minority Interest | $- | $- | $674.49M | $40.81M | $40.73M | $46.23M | $47.69M | $48.44M | $49.06M | $50.32M |
| Total Liabilities and Total Equity | $3.11B | $3.15B | $3.08B | $3.04B | $2.99B | $3.92B | $3.97B | $3.86B | $3.74B | $3.86B |
| Total Investments | $- | $417.00K | $268.00K | $3.00K | $-2.99B | $-31.93M | $3.01B | $3.39M | $1.75M | $760.00K |
| Total Debt | $12.02M | $831.29M | $827.04M | $634.55M | $790.31M | $1.04B | $1.00B | $1.01B | $946.88M | $1.11B |
| Net Debt | $-95.18M | $404.89M | $725.82M | $514.07M | $421.91M | $219.47M | $194.76M | $521.56M | $577.34M | $613.10M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $206.71M | $206.71M | $90.77M | $32.99M | $-410.51M | $142.79M | $259.06M | $153.00M | $140.68M | $355.52M |
| Depreciation and Amortization | $124.51M | $127.06M | $126.33M | $128.68M | $137.05M | $147.75M | $146.54M | $159.10M | $163.66M | $166.88M |
| Deferred Income Tax | $- | $- | $- | $-149.38M | $7.42M | $688.00K | $1.13M | $-9.23M | $-18.95M | $-239.34M |
| Stock Based Compensation | $10.46M | $10.78M | $10.89M | $12.79M | $9.58M | $9.31M | $9.01M | $8.04M | $7.16M | $6.54M |
| Change in Working Capital | $- | $-12.20M | $3.05M | $3.76M | $25.01M | $-603.00K | $2.77M | $5.30M | $10.66M | $8.25M |
| Accounts Receivables | $10.61M | $10.61M | $-12.74M | $-20.52M | $26.83M | $-1.73M | $905.00K | $3.17M | $-8.40M | $1.77M |
| Inventory | $- | $- | $- | $3.92M | $-4.62M | $-1.03M | $117.00K | $-16.00K | $40.00K | $44.00K |
| Accounts Payables | $-20.84M | $-20.84M | $11.07M | $21.70M | $4.07M | $2.94M | $3.32M | $-822.00K | $476.00K | $4.62M |
| Other Working Capital | $- | $-1.97M | $4.71M | $-1.34M | $-1.26M | $-782.00K | $-1.58M | $2.96M | $18.55M | $1.82M |
| Other Non Cash Items | $-143.54M | $-134.21M | $-21.66M | $-480.00K | $114.75M | $-9.02M | $-113.22M | $-5.42M | $2.20M | $2.21M |
| Net Cash Provided by Operating Activities | $198.13M | $198.13M | $209.38M | $28.37M | $-116.70M | $290.92M | $305.29M | $310.79M | $305.41M | $300.06M |
| Investments in Property Plant and Equipment | $- | $- | $-128.58M | $-63.66M | $-102.00K | $-25.00K | $-18.54M | $-115.10M | $-182.19M | $-164.23M |
| Acquisitions Net | $- | $- | $-104.26M | $1.38M | $2.32M | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $-299.00K | $-80.00K | $-111.00K | $-705.00K | $-15.15M | $-125.00K | $-11.81M | $-13.00K |
| Sales Maturities of Investments | $- | $- | $232.84M | $4.00M | $-2.32M | $- | $- | $- | $- | $1.12M |
| Other Investing Activities | $258.08M | $258.08M | $-165.42M | $-181.32M | $114.00M | $-46.42M | $174.91M | $-145.99M | $-152.16M | $399.37M |
| Net Cash Used for Investing Activities | $258.08M | $258.08M | $-165.72M | $-239.69M | $113.79M | $-47.15M | $156.37M | $-146.12M | $-152.16M | $399.35M |
| Debt Repayment | $- | $2.91M | $204.70M | $-79.88M | $-154.10M | $-7.96M | $-7.71M | $54.46M | $-165.71M | $-327.81M |
| Common Stock Issued | $- | $- | $- | $38.44M | $- | $- | $45.12M | $79.41M | $55.13M | $- |
| Common Stock Repurchased | $-31.40M | $-59.75M | $-111.79M | $-4.88M | $-107.89M | $-54.52M | $-4.23M | $-3.79M | $-2.64M | $-9.26M |
| Dividends Paid | $-90.97M | $-59.83M | $-24.82M | $-13.69M | $-156.27M | $-170.17M | $-177.62M | $-163.01M | $-227.49M | $-77.54M |
| Other Financing Activities | $24.84M | $-3.06M | $-117.26M | $17.91M | $-27.66M | $-8.51M | $-14.16M | $-13.26M | $57.92M | $-17.09M |
| Net Cash Used Provided by Financing Activities | $-97.52M | $-119.72M | $-49.17M | $-42.10M | $-445.92M | $-241.17M | $-158.60M | $-46.20M | $-282.78M | $-422.44M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $336.49M | $336.49M | $-5.51M | $-253.42M | $-448.83M | $2.60M | $303.06M | $118.47M | $-129.53M | $276.97M |
| Cash at End of Period | $493.70M | $493.70M | $157.21M | $162.72M | $416.14M | $864.97M | $862.37M | $488.00M | $369.54M | $499.07M |
| Cash at Beginning of Period | $157.21M | $157.21M | $162.72M | $416.14M | $864.97M | $862.37M | $559.31M | $369.54M | $499.07M | $222.10M |
| Operating Cash Flow | $198.13M | $198.13M | $209.38M | $28.37M | $-116.70M | $290.92M | $305.29M | $310.79M | $305.41M | $300.06M |
| Capital Expenditure | $- | $- | $-128.58M | $-63.66M | $-102.00K | $-25.00K | $-18.54M | $-115.10M | $-182.19M | $-164.23M |
| Free Cash Flow | $198.13M | $198.13M | $80.81M | $-35.29M | $-116.81M | $290.89M | $286.75M | $195.69M | $123.23M | $135.83M |