What is Summit Hotel Properties' operating income?

Summit Hotel Properties' total operating income in 2025 was $65.69 million, based on the following breakdown: Total Gross Profit: $313.82 million Total Operating Expenses: $248.13 million

Summit Hotel Properties (INN) Financials

$6.78 -0.01 (-0.07%)

Closing price 07/2/2026 03:59 PM Eastern

Extended Trading

$6.86 +0.08 (+1.11%)

As of 07/2/2026 07:19 PM Eastern

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Annual Income Statements for Summit Hotel Properties

This table shows Summit Hotel Properties' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	108	87	79	88	68	-40	-84	-17	-28	25	-24
Consolidated Net Income / (Loss)	125	108	100	91	82	-40	-69	0.23	-31	39	-12
Net Income / (Loss) Continuing Operations	125	108	99	91	82	-40	-69	0.23	-31	39	-12
Total Pre-Tax Income	126	107	101	90	84	-148	-67	4.83	-25	30	-11
Total Operating Income	80	132	127	125	119	0.21	-33	68	59	103	66
Total Gross Profit	168	209	227	251	244	72	149	307	332	330	314
Total Revenue	463	474	515	567	549	234	362	677	736	732	729
Operating Revenue	463	474	515	567	549	234	362	677	736	732	729
Total Cost of Revenue	296	265	288	317	306	162	213	370	404	402	416
Operating Cost of Revenue	296	265	288	317	306	162	213	370	404	402	416
Total Operating Expenses	88	76	100	125	124	72	182	240	275	226	248
Selling, General & Admin Expense	21	19	20	22	24	21	29	31	33	32	33
Depreciation Expense	64	72	86	101	99	-	106	150	151	146	150
Other Operating Expenses / (Income)	-	30	37	43	44	50	39	68	75	70	70
Impairment Charge	1.12	0.58	0.00	1.08	2.52	1.76	4.36	10	17	6.72	1.83
Restructuring Charge	1.25	3.49	0.35	-	0.00	-	3.85	0.75	0.01	0.01	0.00
Other Special Charges / (Income)	-	-50	-43	-41	-45	0.02	-0.24	-20	0.34	-29	-6.58
Total Other Income / (Expense), net	46	-26	-26	-35	-35	-38	-34	-63	-84	-73	-77
Interest Expense	30	28	30	42	41	43	43	66	87	80	81
Interest & Investment Income	-	-	0.00	-	0.42	-	6.86	1.54	1.69	1.91	1.18
Other Income / (Expense), net	76	2.56	3.78	6.95	5.32	4.84	2.67	1.08	1.01	4.38	2.99
Income Tax Expense	0.55	-1.45	1.67	-0.92	1.50	1.38	1.47	3.61	2.80	-8.74	0.84
Preferred Stock Dividends Declared	17	20	20	3.28	15	0.00	18	18	19	19	19
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.46	-	0.21	-	-	-3.01	-0.25	-19	-4.75	-6.61
Basic Earnings per Share	$1.25	$1.00	$0.79	$0.68	$0.65	-	($0.80)	($0.16)	($0.27)	$0.23	($0.22)
Weighted Average Basic Shares Outstanding	85.92M	86.87M	99.41M	103.62M	103.89M	104.14M	104.47M	105.14M	105.55M	105.93M	106.85M
Diluted Earnings per Share	$1.24	$1.00	$0.79	$0.68	$0.65	-	($0.80)	($0.16)	($0.27)	$0.22	($0.22)
Weighted Average Diluted Shares Outstanding	87.14M	87.34M	99.78M	103.84M	103.94M	104.14M	104.47M	105.14M	105.55M	132.37M	106.85M
Weighted Average Basic & Diluted Shares Outstanding	86.79M	93.51M	104.33M	104.78M	105.17M	105.71M	106.34M	106.90M	107.59M	109.78M	108.80M
Cash Dividends to Common per Share	$0.47	$0.55	$0.67	$0.72	$0.72	$0.18	$0.00	$0.08	$0.22	$0.30	$0.32

This table shows Summit Hotel Properties' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-5.94	-19	-2.12	31	-4.27	0.68	-4.68	-1.61	-11	-5.97	-10
Consolidated Net Income / (Loss)	-6.27	-23	2.83	39	-3.56	0.92	0.62	2.04	-12	-2.58	-5.91
Net Income / (Loss) Continuing Operations	-6.27	-23	2.83	39	-3.56	0.92	0.62	2.04	-12	-2.58	-5.91
Total Pre-Tax Income	-4.41	-20	3.05	41	-3.22	-11	1.38	3.22	-12	-3.32	-5.02
Total Operating Income	16	0.67	23	56	16	8.04	20	23	8.58	15	14
Total Gross Profit	77	93	88	91	76	87	83	86	71	73	82
Total Revenue	182	177	188	194	177	173	184	193	177	175	185
Operating Revenue	182	177	188	194	177	173	184	193	177	175	185
Total Cost of Revenue	105	85	100	103	101	86	101	106	106	102	104
Operating Cost of Revenue	105	85	100	103	101	86	101	106	106	102	104
Total Operating Expenses	61	94	64	35	60	79	64	64	63	58	67
Selling, General & Admin Expense	8.13	7.30	8.31	8.70	7.47	7.40	8.57	8.28	7.85	8.12	8.85
Depreciation Expense	38	39	37	36	37	36	37	37	38	37	37
Other Operating Expenses / (Income)	15	32	19	18	16	29	18	18	17	17	18
Impairment Charge	-	-	-	-	-	-	0.00	-	-	-	3.64
Other Special Charges / (Income)	0.02	0.00	-0.08	-28	-0.02	-0.47	-0.00	0.08	0.06	-6.72	0.04
Total Other Income / (Expense), net	-21	-21	-20	-15	-19	-19	-18	-19	-21	-18	-19
Interest Expense	22	22	22	18	20	20	20	21	21	19	20
Interest & Investment Income	0.47	0.50	0.46	0.57	0.45	0.43	0.28	0.30	0.26	0.34	0.25
Other Income / (Expense), net	0.66	0.31	0.69	2.13	1.00	0.57	1.23	0.86	-0.28	1.18	1.05
Income Tax Expense	1.36	1.12	0.22	2.38	0.33	-12	0.75	1.18	-0.35	-0.74	0.89
Preferred Stock Dividends Declared	4.62	4.63	4.63	4.63	4.62	4.63	4.63	4.63	4.62	4.63	4.63
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.96	-9.32	0.32	3.22	-3.91	-4.39	0.68	-0.98	-5.08	-1.23	-0.10
Basic Earnings per Share	($0.05)	($0.16)	($0.02)	$0.29	($0.04)	-	($0.04)	($0.02)	($0.11)	($0.05)	($0.10)
Weighted Average Basic Shares Outstanding	105.65M	105.55M	105.72M	105.92M	106.03M	105.93M	108.01M	107.63M	105.89M	106.85M	105.72M
Diluted Earnings per Share	($0.05)	($0.16)	($0.02)	$0.23	($0.04)	$0.05	($0.04)	($0.02)	($0.11)	($0.05)	($0.10)
Weighted Average Diluted Shares Outstanding	105.65M	105.55M	105.72M	149.45M	106.03M	132.37M	108.01M	107.63M	105.89M	106.85M	105.72M
Weighted Average Basic & Diluted Shares Outstanding	107.58M	107.59M	108.19M	108.34M	108.42M	109.78M	112.22M	108.81M	108.80M	108.80M	108.37M

This table details how cash moves in and out of Summit Hotel Properties' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-9.26	7.18	6.43	6.55	-2.72	-31	58	-35	-14	0.59	-7.15
Net Cash From Operating Activities	132	137	148	162	148	-42	66	170	154	166	149
Net Cash From Continuing Operating Activities	132	137	148	162	148	-42	66	170	154	166	149
Net Income / (Loss) Continuing Operations	125	108	100	91	82	-149	-69	1.22	-28	39	-12
Consolidated Net Income / (Loss)	125	108	100	91	82	-149	-69	1.22	-28	39	-12
Depreciation Expense	64	72	86	101	99	110	106	150	151	146	150
Amortization Expense	1.72	2.14	2.02	1.97	1.49	2.27	4.35	5.71	5.91	6.58	6.88
Non-Cash Adjustments To Reconcile Net Income	-58	-45	-37	-35	-37	11	12	-0.90	24	-16	4.99
Changes in Operating Assets and Liabilities, net	-0.90	-1.19	-2.50	2.15	1.99	-16	13	13	0.76	-9.23	-0.77
Net Cash From Investing Activities	-131	-151	-512	-63	-182	-31	-74	-291	-102	-71	-43
Net Cash From Continuing Investing Activities	-131	-151	-512	-63	-182	-31	-74	-291	-103	-71	-43
Purchase of Property, Plant & Equipment	-280	-287	-626	-138	-59	-23	-79	-76	-90	-89	-75
Acquisitions	-10	-	-	-	-283	0.00	-11	-287	-45	-96	0.00
Sale of Property, Plant & Equipment	150	145	121	104	166	0.00	0.00	74	35	109	40
Other Investing Activities, net	8.60	-20	-6.43	-29	-6.06	-8.08	16	-1.07	-3.94	4.75	-7.58
Net Cash From Financing Activities	-10	22	370	-92	31	42	66	86	-66	-94	-113
Net Cash From Continuing Financing Activities	-10	22	370	-92	31	42	66	86	-66	-94	-113
Repayment of Debt	-553	-425	-452	-727	-306	-127	-548	-539	-103	-203	-237
Repurchase of Preferred Equity	0.00	-50	-75	-85	0.00	0.00	-75	0.00	-0.41	0.00	-0.63
Repurchase of Common Equity	-	-	-	-	-	-	-	-	0.00	0.00	-15
Payment of Dividends	-58	-67	-86	-92	-91	-34	-16	-109	-58	-78	-82
Issuance of Debt	600	405	668	815	360	203	517	532	75	165	223
Issuance of Preferred Equity	-	-	-	-	-	0.00	97	-	1.35	0.00	0.00
Issuance of Common Equity	0.00	161	318	0.00	69	0.62	116	204	21	22	0.94
Other Financing Activities, net	-	-3.21	-2.91	-2.72	-0.84	-0.47	-24	-1.78	-1.39	-0.94	-1.62

This table details how cash moves in and out of Summit Hotel Properties' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-3.83	-19	25	-20	6.40	-11	7.97	-8.11	-0.82	-6.19	9.22
Net Cash From Operating Activities	44	30	28	50	56	32	26	49	46	29	28
Net Cash From Continuing Operating Activities	44	30	28	50	56	32	26	49	46	29	28
Net Income / (Loss) Continuing Operations	-5.77	-21	2.83	39	-3.56	0.92	0.62	2.04	-12	-2.58	-5.91
Consolidated Net Income / (Loss)	-5.77	-21	2.83	39	-3.56	0.92	0.62	2.04	-12	-2.58	-5.91
Depreciation Expense	38	39	37	36	37	36	37	37	38	37	37
Amortization Expense	1.59	1.53	1.62	1.62	1.64	1.70	1.67	1.68	1.93	1.61	2.00
Non-Cash Adjustments To Reconcile Net Income	1.62	18	2.26	-29	1.97	8.29	2.08	3.17	2.39	-2.65	5.96
Changes in Operating Assets and Liabilities, net	8.78	-6.29	-15	2.43	19	-15	-16	4.69	16	-5.32	-11
Net Cash From Investing Activities	-24	-18	-9.99	61	-17	-105	-17	-22	-23	18	0.07
Net Cash From Continuing Investing Activities	-24	-19	-9.99	61	-17	-105	-17	-22	-23	18	0.07
Purchase of Property, Plant & Equipment	-20	-27	-18	-21	-23	-28	-16	-19	-22	-19	-12
Sale of Property, Plant & Equipment	-0.01	7.29	9.04	83	-	17	1.24	0.00	0.06	38	12
Other Investing Activities, net	-1.66	0.64	-0.91	-1.59	5.55	1.64	-2.39	-3.39	-0.92	-0.88	0.00
Net Cash From Financing Activities	-24	-32	6.42	-131	-32	62	-1.00	-35	-24	-53	-19
Net Cash From Continuing Financing Activities	-24	-32	6.42	-131	-32	62	-1.00	-35	-24	-53	-19
Repayment of Debt	-18	-26	-41	-135	-21	-6.09	-15	-77	-116	-29	-315
Repurchase of Common Equity	-	-	-	-	-	-	0.00	-	-	-	-5.97
Payment of Dividends	-16	-16	-12	-26	-21	-19	-15	-26	-18	-23	-17
Issuance of Debt	10	10	60	30	10	65	30	83	110	-	320
Issuance of Common Equity	-	0.26	0.08	0.15	0.14	22	0.41	0.34	0.08	0.11	0.00
Other Financing Activities, net	-0.02	-	-0.83	-0.11	-	-	-1.59	-	-0.03	-	-0.89

This table presents Summit Hotel Properties' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,575	1,719	2,210	2,222	2,356	2,233	2,265	3,022	2,939	2,896	2,776
Total Current Assets	54	141	63	68	92	60	136	91	78	77	66
Cash & Equivalents	29	35	37	44	42	21	64	51	38	41	36
Restricted Cash	-	25	-	-	28	18	32	11	9.93	7.72	5.10
Accounts Receivable	9.44	12	17	14	13	12	14	21	21	19	17
Prepaid Expenses	15	6.47	9.45	10	8.84	9.76	24	8.38	8.87	9.58	7.10
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	1,521	1,578	2,147	2,154	2,264	2,173	2,129	2,931	2,861	2,820	2,710
Other Noncurrent Operating Assets	1,521	1,560	2,146	2,146	2,233	2,149	2,129	2,902	2,796	2,818	2,698
Other Noncurrent Nonoperating Assets	-	-	1.19	7.63	-	-	-	29	66	1.23	12
Total Liabilities & Shareholders' Equity	1,575	1,719	2,210	2,222	2,356	2,233	2,265	3,022	2,939	2,896	2,776
Total Liabilities	718	705	932	1,030	1,112	1,181	1,158	1,564	1,543	1,511	1,502
Total Current Liabilities	2.95	4.62	7.77	5.39	4.77	2.67	4.46	5.52	4.83	7.45	7.54
Accounts Payable	2.95	4.62	7.77	5.39	4.77	2.67	4.46	5.52	4.83	7.45	7.54
Total Noncurrent Liabilities	716	700	925	1,025	1,108	1,178	1,153	1,559	1,538	1,504	1,495
Long-Term Debt	672	652	868	959	1,016	1,095	1,070	1,452	1,431	1,397	1,394
Capital Lease Obligations	-	-	-	-	20	18	17	25	26	25	24
Other Noncurrent Operating Liabilities	44	48	56	66	72	65	66	81	81	82	76
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	-	0.00	50	50	50	50
Total Equity & Noncontrolling Interests	857	1,013	1,277	1,192	1,243	1,052	1,107	1,408	1,346	1,335	1,224
Total Preferred & Common Equity	853	1,010	1,275	1,190	1,174	989	948	960	911	910	862
Preferred Stock	0.08	0.09	0.13	0.09	0.09	0.09	0.10	0.10	0.10	0.10	0.10
Total Common Equity	853	1,010	1,274	1,190	1,174	989	948	960	911	909	862
Common Stock	895	1,012	1,264	1,186	1,192	1,198	1,226	1,233	1,240	1,247	1,266
Retained Earnings	-	-1.42	9.20	4.84	-2.28	-179	-263	-288	-340	-347	-406
Accumulated Other Comprehensive Income / (Loss)	-1.67	-0.98	1.45	-1.44	-16	-31	-16	15	11	9.17	2.12
Noncontrolling Interest	4.22	3.43	2.87	2.30	70	63	159	448	435	425	362

This table presents Summit Hotel Properties' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	3,076	3,028	3,034	3,015	2,961	2,871	2,837	2,897	2,868	2,848	2,755
Total Current Assets	112	115	108	104	118	95	96	96	85	81	89
Cash & Equivalents	73	61	58	55	63	46	52	48	39	41	45
Restricted Cash	-	11	12	11	8.92	6.77	7.34	8.14	8.73	6.27	5.66
Accounts Receivable	24	24	22	24	28	28	21	24	23	19	24
Prepaid Expenses	15	19	16	13	17	14	17	16	14	14	15
Plant, Property, & Equipment, net	1.50	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	2,963	2,913	2,926	2,911	2,843	2,776	2,741	2,802	2,783	2,768	2,666
Other Noncurrent Operating Assets	2,927	2,798	2,888	2,867	2,779	2,767	2,722	2,802	2,783	2,736	2,648
Other Noncurrent Nonoperating Assets	-	79	1.65	9.16	64	9.72	19	0.00	0.00	32	18
Total Liabilities & Shareholders' Equity	3,076	3,028	3,034	3,015	2,961	2,871	2,837	2,897	2,868	2,848	2,755
Total Liabilities	1,595	1,585	1,571	1,570	1,566	1,462	1,464	1,530	1,539	1,549	1,505
Total Current Liabilities	5.90	5.46	5.48	6.88	7.30	6.64	6.13	8.76	7.29	9.86	7.13
Accounts Payable	5.90	5.46	5.48	6.88	7.30	6.64	6.13	8.76	7.29	9.86	7.13
Total Noncurrent Liabilities	1,589	1,580	1,566	1,563	1,559	1,455	1,458	1,521	1,532	1,539	1,498
Long-Term Debt	1,468	1,467	1,451	1,445	1,452	1,345	1,336	1,418	1,426	1,422	1,396
Capital Lease Obligations	26	26	26	26	25	25	25	25	25	24	24
Other Noncurrent Operating Liabilities	95	86	89	92	82	84	97	79	81	93	78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	50	50	50	50	50	50	50	50	50	50	50
Total Equity & Noncontrolling Interests	1,431	1,393	1,412	1,395	1,344	1,359	1,323	1,318	1,279	1,249	1,199
Total Preferred & Common Equity	976	946	949	942	908	932	911	920	895	876	840
Preferred Stock	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Total Common Equity	974	946	949	942	908	932	911	920	895	876	840
Common Stock	1,231	1,234	1,236	1,238	1,241	1,244	1,245	1,274	1,262	1,264	1,260
Retained Earnings	-272	-298	-305	-317	-348	-326	-339	-360	-371	-391	-424
Accumulated Other Comprehensive Income / (Loss)	16	10	18	21	15	14	4.96	6.45	4.40	3.04	4.27
Noncontrolling Interest	455	446	463	453	436	427	412	397	384	374	359

This table displays calculated financial ratios and metrics derived from Summit Hotel Properties' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.87%	2.26%	8.74%	10.07%	-3.16%	-57.32%	54.36%	87.03%	8.75%	-0.59%	-0.32%
EBITDA Growth	93.01%	-5.65%	4.48%	7.45%	-4.03%	-48.18%	-31.83%	181.94%	-3.61%	20.43%	-13.69%
EBIT Growth	214.38%	-13.65%	-2.98%	0.97%	-5.62%	-95.95%	-705.90%	325.06%	-13.18%	80.42%	-36.33%
NOPAT Growth	69.51%	68.39%	-6.81%	1.18%	-7.28%	-99.88%	-16,016.75%	173.37%	140.85%	224.42%	-65.56%
Net Income Growth	498.65%	-13.57%	-8.07%	-8.44%	-9.63%	-148.12%	-73.08%	100.34%	-13,166.67%	227.19%	-130.02%
EPS Growth	2,380.00%	-19.35%	-21.00%	-13.92%	-4.41%	0.00%	0.00%	80.00%	-68.75%	181.48%	-200.00%
Operating Cash Flow Growth	29.45%	3.42%	8.12%	9.34%	-8.15%	-128.32%	257.07%	156.79%	-9.42%	8.25%	-10.40%
Free Cash Flow Firm Growth	59.68%	331.51%	-525.98%	129.60%	-71.88%	99.58%	-123.59%	-3,978.34%	119.99%	-20.11%	41.29%
Invested Capital Growth	9.17%	1.79%	38.13%	-0.41%	3.78%	-3.48%	-0.26%	35.63%	-3.68%	0.62%	-4.29%
Revenue Q/Q Growth	2.41%	0.06%	4.34%	0.13%	0.23%	0.00%	0.00%	1.32%	0.70%	-0.61%	0.28%
EBITDA Q/Q Growth	57.32%	-26.25%	4.22%	-0.31%	2.14%	13.22%	-40.37%	10.39%	-1.84%	2.21%	3.72%
EBIT Q/Q Growth	103.21%	-35.98%	2.93%	-2.02%	3.07%	164.02%	-235.59%	15.55%	-7.80%	7.61%	11.65%
NOPAT Q/Q Growth	7.03%	61.72%	-5.14%	-25.69%	1.04%	0.00%	0.00%	-10.92%	-9.35%	72.49%	11.08%
Net Income Q/Q Growth	176.94%	-40.73%	-0.59%	-4.24%	3.78%	67.31%	-309.94%	-90.23%	-57.36%	126.01%	-42.68%
EPS Q/Q Growth	275.76%	-46.81%	-3.66%	1.49%	6.56%	0.00%	0.00%	0.00%	0.00%	2,100.00%	-83.33%
Operating Cash Flow Q/Q Growth	10.64%	-7.75%	4.91%	0.88%	-2.51%	-662.72%	122.93%	12.00%	-2.20%	1.04%	-2.39%
Free Cash Flow Firm Q/Q Growth	27.77%	133.23%	-93.73%	600.41%	-85.69%	145.74%	-139.88%	7.28%	35.40%	-55.32%	421.92%
Invested Capital Q/Q Growth	-1.56%	-2.17%	9.36%	-1.20%	10.29%	-1.79%	0.06%	-2.01%	-3.54%	3.76%	-1.04%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	36.17%	43.99%	44.08%	44.19%	44.38%	30.91%	41.11%	45.36%	45.05%	45.04%	43.02%
EBITDA Margin	47.90%	44.19%	42.46%	41.45%	41.08%	49.87%	22.02%	33.20%	29.43%	35.65%	30.87%
Operating Margin	17.26%	27.92%	24.66%	22.07%	21.74%	0.09%	-9.19%	10.01%	7.99%	14.14%	9.00%
EBIT Margin	33.71%	28.46%	25.40%	23.30%	22.70%	2.15%	-8.45%	10.17%	8.12%	14.74%	9.41%
Profit (Net Income) Margin	27.03%	22.84%	19.31%	16.06%	14.99%	-16.90%	-18.95%	0.03%	-4.15%	5.31%	-1.60%
Tax Burden Percent	99.56%	101.36%	98.35%	101.02%	98.21%	26.80%	102.19%	4.85%	120.77%	129.00%	107.77%
Interest Burden Percent	80.53%	79.18%	77.32%	68.26%	67.23%	-2,928.10%	219.33%	7.01%	-42.34%	27.95%	-15.78%
Effective Tax Rate	0.44%	-1.36%	1.65%	-1.02%	1.79%	0.00%	0.00%	74.79%	0.00%	-29.00%	0.00%
Return on Invested Capital (ROIC)	5.55%	8.87%	6.88%	6.01%	5.48%	0.01%	-1.11%	0.69%	1.47%	4.86%	1.70%
ROIC Less NNEP Spread (ROIC-NNEP)	12.96%	4.39%	3.09%	1.94%	1.69%	-4.00%	-5.55%	-0.73%	-3.78%	-2.11%	-2.51%
Return on Net Nonoperating Assets (RNNOA)	9.71%	2.71%	1.81%	1.37%	1.28%	-3.46%	-5.24%	-0.67%	-3.62%	-2.06%	-2.58%
Return on Equity (ROE)	15.26%	11.58%	8.69%	7.38%	6.76%	-3.45%	-6.35%	0.02%	-2.14%	2.80%	-0.88%
Cash Return on Invested Capital (CROIC)	-3.23%	7.09%	-25.14%	6.43%	1.78%	3.54%	-0.85%	-29.55%	5.23%	4.24%	6.08%
Operating Return on Assets (OROA)	10.30%	8.19%	6.66%	5.96%	5.45%	0.22%	-1.36%	2.61%	2.01%	3.70%	2.42%
Return on Assets (ROA)	8.26%	6.57%	5.07%	4.11%	3.60%	-1.73%	-3.05%	0.01%	-1.03%	1.33%	-0.41%
Return on Common Equity (ROCE)	15.16%	11.53%	8.66%	7.36%	6.56%	-3.25%	-5.70%	0.01%	-1.40%	1.83%	-0.59%
Return on Equity Simple (ROE_SIMPLE)	14.69%	10.72%	7.81%	7.66%	7.02%	-4.01%	-7.23%	0.02%	-3.36%	4.28%	0.00%
Net Operating Profit after Tax (NOPAT)	80	134	125	126	117	0.15	-23	17	41	134	46
NOPAT Margin	17.19%	28.30%	24.25%	22.30%	21.35%	0.06%	-6.43%	2.52%	5.59%	18.24%	6.30%
Net Nonoperating Expense Percent (NNEP)	-7.41%	4.48%	3.79%	4.07%	3.79%	4.01%	4.44%	1.42%	5.26%	6.97%	4.21%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	0.59%	1.47%	4.84%	1.74%
Cost of Revenue to Revenue	63.83%	56.01%	55.92%	55.81%	55.62%	69.09%	58.89%	54.64%	54.95%	54.96%	56.98%
SG&A Expenses to Revenue	4.58%	4.07%	3.80%	3.79%	4.30%	8.95%	8.13%	4.54%	4.42%	4.36%	4.50%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.91%	16.07%	19.42%	22.12%	22.64%	30.82%	50.31%	35.49%	37.40%	30.90%	34.02%
Earnings before Interest and Taxes (EBIT)	156	135	131	132	125	5.05	-31	69	60	108	69
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	222	209	219	235	226	117	80	225	217	261	225
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.90	1.08	1.01	0.73	1.01	0.89	1.01	0.73	0.75	0.81	0.60
Price to Tangible Book Value (P/TBV)	0.90	1.08	1.01	0.73	1.01	0.89	1.01	0.73	0.75	0.81	0.60
Price to Revenue (P/Rev)	1.66	2.29	2.50	1.54	2.15	3.76	2.65	1.04	0.92	1.00	0.71
Price to Earnings (P/E)	7.14	12.43	16.25	9.95	17.51	0.00	0.00	0.00	0.00	29.18	0.00
Dividend Yield	5.29%	4.38%	5.45%	8.65%	6.41%	8.64%	0.00%	1.22%	3.48%	4.43%	6.69%
Earnings Yield	14.01%	8.04%	6.16%	10.05%	5.71%	0.00%	0.00%	0.00%	0.00%	3.43%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.94	1.09	1.01	0.85	1.00	0.95	1.01	0.92	0.94	0.94	0.88
Enterprise Value to Revenue (EV/Rev)	3.06	3.52	4.12	3.15	3.98	8.51	5.83	3.87	3.50	3.53	3.17
Enterprise Value to EBITDA (EV/EBITDA)	6.38	7.95	9.70	7.61	9.69	17.06	26.47	11.64	11.89	9.90	10.26
Enterprise Value to EBIT (EV/EBIT)	9.07	12.35	16.21	13.54	17.53	394.98	0.00	37.99	43.07	23.94	33.63
Enterprise Value to NOPAT (EV/NOPAT)	17.78	12.42	16.98	14.15	18.65	13,633.99	0.00	153.14	62.58	19.34	50.23
Enterprise Value to Operating Cash Flow (EV/OCF)	10.71	12.18	14.35	11.07	14.73	0.00	31.94	15.43	16.76	15.53	15.50
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	15.54	0.00	13.23	57.52	26.29	0.00	0.00	17.65	22.15	14.07
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.78	0.64	0.68	0.80	0.83	1.06	0.98	1.01	1.04	1.03	1.11
Long-Term Debt to Equity	0.78	0.64	0.68	0.80	0.83	1.06	0.98	1.01	1.04	1.03	1.11
Financial Leverage	0.75	0.62	0.59	0.70	0.76	0.87	0.95	0.93	0.96	0.98	1.03
Leverage Ratio	1.85	1.76	1.71	1.79	1.88	2.00	2.08	2.06	2.09	2.10	2.13
Compound Leverage Factor	1.49	1.39	1.33	1.23	1.26	-58.53	4.57	0.14	-0.88	0.59	-0.34
Debt to Total Capital	43.94%	39.16%	40.47%	44.57%	45.45%	51.41%	49.54%	50.33%	51.05%	50.65%	52.68%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	43.94%	39.16%	40.47%	44.57%	45.45%	51.41%	49.54%	50.33%	51.05%	50.65%	52.68%
Preferred Equity to Total Capital	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.28%	0.21%	0.13%	0.11%	3.05%	2.92%	7.25%	16.98%	17.02%	16.94%	15.30%
Common Equity to Total Capital	55.78%	60.63%	59.39%	55.32%	51.50%	45.66%	43.20%	32.69%	31.93%	32.40%	32.02%
Debt to EBITDA	3.03	3.11	3.97	4.08	4.59	9.52	13.64	6.57	6.72	5.45	6.30
Net Debt to EBITDA	2.89	2.75	3.80	3.89	4.14	8.98	12.42	6.30	6.50	5.26	6.11
Long-Term Debt to EBITDA	3.03	3.11	3.97	4.08	4.59	9.52	13.64	6.57	6.72	5.45	6.30
Debt to NOPAT	8.43	4.86	6.95	7.58	8.83	7,608.91	-46.68	86.46	35.39	10.65	30.84
Net Debt to NOPAT	8.06	4.29	6.65	7.23	7.97	7,181.12	-42.52	82.84	34.23	10.29	29.95
Long-Term Debt to NOPAT	8.43	4.86	6.95	7.58	8.83	7,608.91	-46.68	86.46	35.39	10.65	30.84
Altman Z-Score	1.30	1.55	1.29	1.00	1.09	0.48	0.52	0.47	0.45	0.53	0.37
Noncontrolling Interest Sharing Ratio	0.61%	0.42%	0.28%	0.22%	2.96%	5.80%	10.31%	25.64%	34.47%	34.55%	33.38%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	18.34	30.40	8.10	12.65	19.29	22.60	30.46	16.53	16.16	10.28	8.71
Quick Ratio	13.15	10.06	6.89	10.77	11.65	12.15	17.70	13.10	12.26	7.95	7.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-46	107	-457	135	38	76	-18	-730	146	117	164
Operating Cash Flow to CapEx	101.97%	96.43%	29.26%	481.36%	0.00%	-185.81%	83.20%	6,256.55%	282.41%	0.00%	416.24%
Free Cash Flow to Firm to Interest Expense	-1.52	3.82	-15.39	3.22	0.93	1.75	-0.41	-11.13	1.68	1.46	2.03
Operating Cash Flow to Interest Expense	4.35	4.87	4.98	3.85	3.62	-0.97	1.52	2.59	1.77	2.09	1.85
Operating Cash Flow Less CapEx to Interest Expense	0.08	-0.18	-12.04	3.05	6.21	-1.49	-0.31	2.55	1.14	2.34	1.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.29	0.26	0.26	0.24	0.10	0.16	0.26	0.25	0.25	0.26
Accounts Receivable Turnover	54.15	44.62	35.80	36.64	40.31	18.72	27.57	38.15	34.75	36.61	40.56
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	57.90	70.13	46.49	48.10	60.16	43.54	59.73	74.13	78.21	65.51	55.47
Days Sales Outstanding (DSO)	6.74	8.18	10.20	9.96	9.06	19.50	13.24	9.57	10.50	9.97	9.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	6.30	5.20	7.85	7.59	6.07	8.38	6.11	4.92	4.67	5.57	6.58
Cash Conversion Cycle (CCC)	0.44	2.98	2.34	2.37	2.99	11.12	7.13	4.64	5.84	4.40	2.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,499	1,526	2,108	2,099	2,178	2,103	2,097	2,844	2,740	2,757	2,639
Invested Capital Turnover	0.32	0.31	0.28	0.27	0.26	0.11	0.17	0.27	0.26	0.27	0.27
Increase / (Decrease) in Invested Capital	126	27	582	-8.74	79	-76	-5.38	747	-105	17	-118
Enterprise Value (EV)	1,416	1,666	2,122	1,789	2,187	1,995	2,110	2,616	2,575	2,582	2,309
Market Capitalization	770	1,087	1,287	872	1,182	881	961	703	681	734	521
Book Value per Share	$9.83	$11.56	$12.22	$11.36	$11.16	$9.35	$8.91	$8.98	$8.47	$8.39	$7.92
Tangible Book Value per Share	$9.83	$11.56	$12.22	$11.36	$11.16	$9.35	$8.91	$8.98	$8.47	$8.39	$7.92
Total Capital	1,528	1,666	2,146	2,151	2,279	2,165	2,194	2,935	2,853	2,807	2,692
Total Debt	672	652	868	959	1,036	1,113	1,087	1,477	1,457	1,422	1,418
Total Long-Term Debt	672	652	868	959	1,036	1,113	1,087	1,477	1,457	1,422	1,418
Net Debt	642	575	832	915	935	1,051	990	1,415	1,409	1,373	1,377
Capital Expenditures (CapEx)	130	142	505	34	-106	23	79	2.71	54	-20	36
Debt-free, Cash-free Net Working Capital (DFCFNWC)	22	76	19	19	17	19	35	24	25	21	17
Debt-free Net Working Capital (DFNWC)	51	136	55	63	87	58	131	86	73	69	58
Net Working Capital (NWC)	51	136	55	63	87	58	131	86	73	69	58
Net Nonoperating Expense (NNE)	-46	26	25	35	35	40	45	17	72	95	58
Net Nonoperating Obligations (NNO)	642	513	830	907	935	1,051	990	1,386	1,343	1,372	1,365
Total Depreciation and Amortization (D&A)	66	75	88	103	101	112	110	156	157	153	156
Debt-free, Cash-free Net Working Capital to Revenue	4.70%	16.11%	3.62%	3.30%	3.16%	8.05%	9.54%	3.53%	3.45%	2.84%	2.32%
Debt-free Net Working Capital to Revenue	11.03%	28.68%	10.71%	11.07%	15.87%	24.64%	36.32%	12.66%	9.94%	9.44%	7.97%
Net Working Capital to Revenue	11.03%	28.68%	10.71%	11.07%	15.87%	24.64%	36.32%	12.66%	9.94%	9.44%	7.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.25	$1.00	$0.79	$0.68	$0.65	($1.52)	($0.80)	$0.00	($0.27)	$0.23	($0.22)
Adjusted Weighted Average Basic Shares Outstanding	85.92M	86.87M	99.41M	103.62M	103.89M	104.14M	104.47M	105.14M	105.55M	105.93M	106.85M
Adjusted Diluted Earnings per Share	$1.24	$1.00	$0.79	$0.68	$0.65	($1.52)	($0.80)	$0.00	($0.27)	$0.22	($0.22)
Adjusted Weighted Average Diluted Shares Outstanding	87.14M	87.34M	99.78M	103.84M	103.94M	104.14M	104.47M	105.14M	105.55M	132.37M	106.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.68	$0.65	($1.52)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	86.79M	93.51M	104.33M	104.78M	105.17M	105.71M	106.34M	106.90M	107.59M	109.78M	108.80M
Normalized Net Operating Profit after Tax (NOPAT)	82	61	83	59	75	1.39	-18	41	53	57	43
Normalized NOPAT Margin	17.70%	12.78%	16.08%	10.46%	13.68%	0.59%	-4.89%	6.06%	7.21%	7.78%	5.85%
Pre Tax Income Margin	27.15%	22.54%	19.64%	15.90%	15.26%	-63.07%	-18.54%	0.71%	-3.44%	4.12%	-1.49%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.14	4.80	4.41	3.15	3.04	0.12	-0.71	1.05	0.69	1.35	0.85
NOPAT to Interest Expense	2.62	4.78	4.21	3.02	2.86	0.00	-0.54	0.26	0.47	1.68	0.57
EBIT Less CapEx to Interest Expense	0.87	-0.25	-12.61	2.35	5.63	-0.41	-2.54	1.01	0.06	1.61	0.41
NOPAT Less CapEx to Interest Expense	-1.64	-0.27	-12.81	2.21	5.45	-0.52	-2.37	0.22	-0.15	1.93	0.13
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	45.99%	61.62%	86.05%	101.23%	110.24%	-86.43%	-22.63%	46,470.94%	-190.35%	199.55%	-701.87%
Augmented Payout Ratio	45.99%	61.62%	86.05%	101.23%	110.24%	-86.43%	-22.63%	46,470.94%	-190.35%	199.55%	-833.77%

This table displays calculated financial ratios and metrics derived from Summit Hotel Properties' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	109,781,527.00	112,221,377.00	108,808,785.00	-	108,798,686.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	109,781,527.00	112,221,377.00	108,808,785.00	-	108,798,686.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-0.04	-0.01	-0.10	-	-0.10
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.00%	2.24%	3.16%	-0.30%	-2.76%	-2.54%	-1.95%	-0.51%	0.18%	1.17%	0.31%
EBITDA Growth	0.57%	-10.39%	10.85%	54.48%	-2.67%	13.74%	-4.21%	-35.20%	-13.13%	17.28%	-10.02%
EBIT Growth	2.32%	-85.50%	33.11%	148.06%	-2.23%	781.97%	-12.89%	-59.65%	-50.43%	83.26%	-27.90%
NOPAT Growth	-4.38%	-90.05%	71.24%	326.75%	-4.38%	1,099.55%	-58.89%	-72.86%	-45.52%	81.55%	10.27%
Net Income Growth	-502.21%	-77.78%	243.81%	4,248.09%	43.28%	103.94%	-78.01%	-94.74%	-230.71%	-381.33%	-1,049.12%
EPS Growth	0.00%	0.00%	60.00%	2,400.00%	20.00%	131.25%	-100.00%	-108.70%	-175.00%	-200.00%	-150.00%
Operating Cash Flow Growth	-9.56%	-10.20%	-12.05%	6.97%	26.18%	5.61%	-8.17%	-2.96%	-17.72%	-11.32%	8.71%
Free Cash Flow Firm Growth	109.30%	114.17%	-47.98%	2,647.73%	163.25%	-110.73%	-113.07%	-99.66%	-102.02%	1,195.59%	1,837.24%
Invested Capital Growth	-2.15%	-3.68%	-1.79%	-5.22%	-6.46%	0.62%	0.67%	0.50%	0.37%	-4.29%	-5.55%
Revenue Q/Q Growth	-6.52%	-2.41%	6.03%	3.06%	-8.82%	-2.19%	6.68%	4.57%	-8.19%	-1.22%	5.77%
EBITDA Q/Q Growth	-9.29%	-27.35%	52.18%	54.04%	-42.85%	-15.10%	28.17%	4.20%	-23.38%	14.62%	-1.66%
EBIT Q/Q Growth	-27.13%	-94.30%	2,376.84%	141.33%	-71.28%	-48.62%	144.62%	11.80%	-64.72%	89.95%	-3.75%
NOPAT Q/Q Growth	-7.06%	-95.93%	4,551.99%	142.73%	-79.18%	-48.99%	59.45%	60.22%	-58.20%	70.00%	-3.15%
Net Income Q/Q Growth	-804.38%	-270.51%	113.32%	1,265.97%	-109.19%	125.76%	-31.99%	226.97%	-677.32%	78.09%	-129.45%
EPS Q/Q Growth	-400.00%	-220.00%	87.50%	1,250.00%	-117.39%	225.00%	-180.00%	50.00%	-450.00%	54.55%	-100.00%
Operating Cash Flow Q/Q Growth	-6.24%	-30.92%	-7.63%	78.77%	10.61%	-42.18%	-19.68%	88.92%	-6.21%	-37.68%	-1.54%
Free Cash Flow Firm Q/Q Growth	902.91%	42.39%	-36.71%	182.53%	-3.91%	-105.80%	20.04%	107.32%	-674.38%	3,360.45%	26.80%
Invested Capital Q/Q Growth	-0.94%	-3.54%	0.14%	-0.64%	-2.25%	3.76%	-0.12%	-0.81%	-2.37%	-1.04%	-1.44%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.14%	52.18%	44.01%	44.52%	41.39%	50.49%	45.23%	44.80%	40.29%	41.49%	44.06%
EBITDA Margin	31.14%	23.18%	33.27%	49.72%	31.17%	27.05%	32.50%	32.39%	27.03%	31.36%	29.16%
Operating Margin	9.06%	0.38%	12.48%	28.99%	8.91%	4.65%	10.75%	11.76%	4.85%	8.34%	7.64%
EBIT Margin	9.43%	0.55%	12.85%	30.09%	9.48%	4.98%	11.41%	12.20%	4.69%	9.02%	8.20%
Profit (Net Income) Margin	-3.45%	-13.09%	1.51%	19.96%	-2.01%	0.53%	0.34%	1.06%	-6.64%	-1.47%	-3.20%
Tax Burden Percent	142.19%	115.28%	92.89%	94.22%	110.30%	-8.52%	45.24%	63.36%	97.09%	77.74%	117.77%
Interest Burden Percent	-25.73%	-2,064.34%	12.62%	70.41%	-19.24%	-124.90%	6.54%	13.66%	-145.84%	-21.01%	-33.07%
Effective Tax Rate	0.00%	0.00%	7.11%	5.78%	0.00%	0.00%	54.76%	36.64%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	1.61%	0.07%	3.12%	7.25%	1.67%	0.87%	1.29%	1.99%	0.93%	1.58%	1.46%
ROIC Less NNEP Spread (ROIC-NNEP)	0.35%	-1.67%	1.70%	6.20%	0.58%	0.52%	0.68%	1.08%	-0.41%	0.64%	0.30%
Return on Net Nonoperating Assets (RNNOA)	0.34%	-1.59%	1.61%	5.86%	0.55%	0.51%	0.67%	1.07%	-0.41%	0.66%	0.32%
Return on Equity (ROE)	1.95%	-1.52%	4.73%	13.11%	2.22%	1.37%	1.96%	3.06%	0.52%	2.24%	1.77%
Cash Return on Invested Capital (CROIC)	3.75%	5.23%	3.43%	7.92%	9.49%	4.24%	4.02%	1.20%	1.18%	6.08%	7.28%
Operating Return on Assets (OROA)	2.26%	0.14%	3.18%	7.55%	2.38%	1.25%	2.84%	3.09%	1.20%	2.32%	2.12%
Return on Assets (ROA)	-0.83%	-3.23%	0.37%	5.01%	-0.51%	0.13%	0.08%	0.27%	-1.70%	-0.38%	-0.83%
Return on Common Equity (ROCE)	1.28%	-1.00%	3.09%	8.59%	1.46%	0.90%	1.30%	2.04%	0.35%	1.49%	1.19%
Return on Equity Simple (ROE_SIMPLE)	-2.06%	0.00%	-2.57%	1.56%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	12	0.47	22	53	11	5.63	8.97	14	6.01	10	9.89
NOPAT Margin	6.34%	0.26%	11.60%	27.31%	6.24%	3.25%	4.86%	7.45%	3.39%	5.84%	5.35%
Net Nonoperating Expense Percent (NNEP)	1.26%	1.74%	1.41%	1.05%	1.09%	0.35%	0.61%	0.91%	1.34%	0.93%	1.15%
Return On Investment Capital (ROIC_SIMPLE)	-	0.02%	-	-	-	0.20%	0.33%	0.53%	0.22%	0.39%	0.38%
Cost of Revenue to Revenue	57.86%	47.82%	55.99%	55.49%	58.61%	49.51%	54.77%	55.20%	59.71%	58.51%	55.94%
SG&A Expenses to Revenue	4.47%	4.11%	4.42%	4.49%	4.23%	4.28%	4.65%	4.29%	4.43%	4.64%	4.78%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	33.35%	52.91%	31.53%	15.53%	32.48%	45.85%	34.48%	33.04%	35.45%	33.15%	36.42%
Earnings before Interest and Taxes (EBIT)	17	0.98	24	58	17	8.61	21	24	8.31	16	15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	57	41	63	96	55	47	60	62	48	55	54
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.63	0.75	0.75	0.69	0.82	0.81	0.60	0.64	0.68	0.60	0.57
Price to Tangible Book Value (P/TBV)	0.63	0.75	0.75	0.69	0.82	0.81	0.60	0.64	0.68	0.60	0.57
Price to Revenue (P/Rev)	0.82	0.92	0.92	0.86	1.01	1.00	0.76	0.79	0.82	0.71	0.66
Price to Earnings (P/E)	0.00	0.00	0.00	95.21	88.58	29.18	24.66	0.00	0.00	0.00	0.00
Dividend Yield	3.61%	3.48%	3.78%	4.39%	4.08%	4.43%	6.31%	6.29%	5.83%	6.69%	7.24%
Earnings Yield	0.00%	0.00%	0.00%	1.05%	1.13%	3.43%	4.06%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.88	0.94	0.94	0.90	0.94	0.94	0.87	0.88	0.91	0.88	0.87
Enterprise Value to Revenue (EV/Rev)	3.43	3.50	3.47	3.29	3.41	3.53	3.28	3.31	3.33	3.17	3.10
Enterprise Value to EBITDA (EV/EBITDA)	11.35	11.89	11.56	9.49	9.82	9.90	9.25	10.73	11.15	10.26	10.31
Enterprise Value to EBIT (EV/EBIT)	38.62	43.07	39.12	24.21	25.01	23.94	22.82	34.41	39.34	33.63	35.98
Enterprise Value to NOPAT (EV/NOPAT)	55.17	62.58	57.40	33.95	32.40	19.34	18.59	51.88	58.47	50.23	53.82
Enterprise Value to Operating Cash Flow (EV/OCF)	15.94	16.76	17.19	15.91	15.23	15.53	14.57	14.81	15.85	15.50	14.94
Enterprise Value to Free Cash Flow (EV/FCFF)	23.24	17.65	27.18	11.01	9.61	22.15	21.68	73.57	76.96	14.07	11.60
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.02	1.04	1.06	0.97	0.99	1.03	1.05	1.09	1.11	1.11	1.14
Long-Term Debt to Equity	1.02	1.04	1.06	0.97	0.99	1.03	1.05	1.09	1.11	1.11	1.14
Financial Leverage	0.96	0.96	0.95	0.94	0.95	0.98	0.99	0.99	0.99	1.03	1.05
Leverage Ratio	2.08	2.09	2.11	2.06	2.08	2.10	2.12	2.10	2.13	2.13	2.16
Compound Leverage Factor	-0.54	-43.11	0.27	1.45	-0.40	-2.62	0.14	0.29	-3.10	-0.45	-0.71
Debt to Total Capital	50.44%	51.05%	51.45%	49.30%	49.77%	50.65%	51.32%	52.18%	52.67%	52.68%	53.19%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	50.44%	51.05%	51.45%	49.30%	49.77%	50.65%	51.32%	52.18%	52.67%	52.68%	53.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	17.26%	17.02%	16.95%	17.18%	16.90%	16.94%	15.92%	15.61%	15.43%	15.30%	15.33%
Common Equity to Total Capital	32.30%	31.93%	31.61%	33.52%	33.33%	32.40%	32.75%	32.20%	31.89%	32.02%	31.47%
Debt to EBITDA	6.66	6.72	6.63	5.34	5.33	5.45	5.58	6.47	6.66	6.30	6.48
Net Debt to EBITDA	6.36	6.50	6.31	5.13	5.10	5.26	5.37	6.25	6.44	6.11	6.25
Long-Term Debt to EBITDA	6.66	6.72	6.63	5.34	5.33	5.45	5.58	6.47	6.66	6.30	6.48
Debt to NOPAT	32.40	35.39	32.94	19.10	17.58	10.65	11.22	31.25	34.94	30.84	33.82
Net Debt to NOPAT	30.93	34.23	31.33	18.37	16.82	10.29	10.78	30.21	33.79	29.95	32.62
Long-Term Debt to NOPAT	32.40	35.39	32.94	19.10	17.58	10.65	11.22	31.25	34.94	30.84	33.82
Altman Z-Score	0.38	0.38	0.42	0.47	0.45	0.41	0.36	0.35	0.33	0.31	0.29
Noncontrolling Interest Sharing Ratio	34.52%	34.47%	34.66%	34.50%	34.25%	34.55%	33.82%	33.29%	33.15%	33.38%	32.73%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	15.08	16.16	16.09	14.28	15.73	10.28	10.91	11.66	8.19	8.71	12.43
Quick Ratio	11.56	12.26	12.52	11.13	11.81	7.95	8.19	8.52	6.10	7.09	9.58
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	74	105	72	202	195	-11	-9.37	0.69	-3.94	128	163
Operating Cash Flow to CapEx	218.98%	158.23%	310.26%	0.00%	247.15%	306.44%	178.50%	259.15%	210.46%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	3.36	4.87	3.32	11.36	9.52	-0.57	-0.47	0.03	-0.19	6.61	7.96
Operating Cash Flow to Interest Expense	2.00	1.41	1.30	2.82	2.72	1.63	1.30	2.37	2.22	1.47	1.37
Operating Cash Flow Less CapEx to Interest Expense	1.09	0.52	0.88	6.31	1.62	1.10	0.57	1.45	1.16	2.46	1.38
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.26	0.26	0.26
Accounts Receivable Turnover	30.64	34.75	28.50	29.61	32.77	36.61	28.25	28.79	36.60	40.56	31.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	65.73	78.21	66.36	69.56	64.54	65.51	50.15	58.34	51.41	55.47	52.63
Days Sales Outstanding (DSO)	11.91	10.50	12.81	12.33	11.14	9.97	12.92	12.68	9.97	9.00	11.77
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	5.55	4.67	5.50	5.25	5.66	5.57	7.28	6.26	7.10	6.58	6.93
Cash Conversion Cycle (CCC)	6.36	5.84	7.31	7.08	5.48	4.40	5.64	6.42	2.87	2.42	4.84
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,840	2,740	2,735	2,718	2,657	2,757	2,754	2,732	2,667	2,639	2,601
Invested Capital Turnover	0.25	0.26	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27
Increase / (Decrease) in Invested Capital	-62	-105	-50	-150	-184	17	18	14	9.95	-118	-153
Enterprise Value (EV)	2,504	2,575	2,575	2,436	2,507	2,582	2,390	2,408	2,420	2,309	2,260
Market Capitalization	597	681	683	640	743	734	557	571	597	521	481
Book Value per Share	$8.76	$8.47	$8.44	$8.61	$8.41	$8.39	$8.38	$7.98	$8.05	$7.92	$7.72
Tangible Book Value per Share	$8.76	$8.47	$8.44	$8.61	$8.41	$8.39	$8.38	$7.98	$8.05	$7.92	$7.72
Total Capital	2,916	2,853	2,872	2,780	2,734	2,807	2,810	2,780	2,746	2,692	2,670
Total Debt	1,471	1,457	1,477	1,371	1,361	1,422	1,442	1,451	1,446	1,418	1,420
Total Long-Term Debt	1,471	1,457	1,477	1,371	1,361	1,422	1,442	1,451	1,446	1,418	1,420
Net Debt	1,404	1,409	1,405	1,318	1,302	1,373	1,386	1,402	1,399	1,377	1,370
Capital Expenditures (CapEx)	20	19	9.07	-62	23	11	14	19	22	-19	-0.07
Debt-free, Cash-free Net Working Capital (DFCFNWC)	30	25	38	35	31	21	30	29	23	17	31
Debt-free Net Working Capital (DFNWC)	97	73	110	88	90	69	87	78	71	58	81
Net Working Capital (NWC)	97	73	110	88	90	69	87	78	71	58	81
Net Nonoperating Expense (NNE)	18	24	19	14	15	4.71	8.35	12	18	13	16
Net Nonoperating Obligations (NNO)	1,395	1,343	1,341	1,308	1,283	1,372	1,386	1,402	1,367	1,365	1,351
Total Depreciation and Amortization (D&A)	39	40	38	38	38	38	39	39	40	39	39
Debt-free, Cash-free Net Working Capital to Revenue	4.15%	3.45%	5.10%	4.79%	4.24%	2.84%	4.19%	4.05%	3.23%	2.32%	4.25%
Debt-free Net Working Capital to Revenue	13.25%	9.94%	14.86%	11.89%	12.26%	9.44%	11.92%	10.68%	9.74%	7.97%	11.16%
Net Working Capital to Revenue	13.25%	9.94%	14.86%	11.89%	12.26%	9.44%	11.92%	10.68%	9.74%	7.97%	11.16%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.05)	($0.16)	($0.02)	$0.29	($0.04)	$0.00	($0.04)	($0.02)	($0.11)	($0.05)	($0.10)
Adjusted Weighted Average Basic Shares Outstanding	105.65M	105.55M	105.72M	105.92M	106.03M	105.93M	108.01M	107.63M	105.89M	106.85M	105.72M
Adjusted Diluted Earnings per Share	($0.05)	($0.16)	($0.02)	$0.23	($0.04)	$0.05	($0.04)	($0.02)	($0.11)	($0.05)	($0.10)
Adjusted Weighted Average Diluted Shares Outstanding	105.65M	105.55M	105.72M	149.45M	106.03M	132.37M	108.01M	107.63M	105.89M	106.85M	105.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	107.58M	107.59M	108.19M	108.34M	108.42M	109.78M	112.22M	108.81M	108.80M	108.80M	108.37M
Normalized Net Operating Profit after Tax (NOPAT)	12	0.47	22	26	11	5.29	14	14	6.05	5.51	12
Normalized NOPAT Margin	6.35%	0.26%	11.56%	13.54%	6.23%	3.06%	7.52%	7.48%	3.41%	3.15%	6.74%
Pre Tax Income Margin	-2.43%	-11.36%	1.62%	21.18%	-1.82%	-6.22%	0.75%	1.67%	-6.84%	-1.89%	-2.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.78	0.05	1.12	3.27	0.82	0.43	1.06	1.14	0.40	0.81	0.74
NOPAT to Interest Expense	0.52	0.02	1.01	2.97	0.54	0.28	0.45	0.70	0.29	0.53	0.48
EBIT Less CapEx to Interest Expense	-0.14	-0.85	0.70	6.76	-0.28	-0.10	0.33	0.23	-0.65	1.80	0.75
NOPAT Less CapEx to Interest Expense	-0.39	-0.87	0.59	6.46	-0.56	-0.25	-0.28	-0.22	-0.76	1.52	0.49
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-279.65%	-190.35%	-256.75%	482.45%	434.50%	199.55%	219.86%	404,035.00%	-946.37%	-701.87%	-459.75%
Augmented Payout Ratio	-279.65%	-190.35%	-256.75%	482.45%	434.50%	199.55%	219.86%	404,035.00%	-946.37%	-833.77%	-577.12%

Financials Breakdown Chart

Key Financial Trends

Summit Hotel Properties (NYSE: INN) showed a mixed but generally improving operating picture in Q1 2026, with revenue growth and solid operating cash flow offset by a quarterly net loss and continued heavy leverage. For retail investors, the key takeaway is that the business is still producing cash, but interest expense and debt remain the biggest drag on reported earnings.

Q1 2026 operating revenue rose to $185.1 million from $175.0 million in Q4 2025, indicating a stronger start to the year.
Operating cash flow improved to $28.1 million in Q1 2026, up from $25.9 million in Q1 2025.
The company remains cash-generative despite accounting losses, helped by $36.8 million of depreciation and other non-cash charges.
Q1 2026 current assets increased to $88.6 million from $80.7 million at Q3 2025, supported by higher cash and receivables.
Total common equity improved to $840.3 million from $875.7 million in Q3 2025? Actually, common equity remained substantial and total equity plus noncontrolling interests stayed above $1.19 billion, showing a sizable capital base.
The balance sheet shows a large asset base of $2.75 billion, which is consistent with Summit’s asset-heavy hotel REIT structure.
The company sold nearly as much property, plant and equipment as it purchased in Q1 2026, suggesting capital spending is being kept controlled.
Q1 2026 reported a net loss of $5.9 million, versus a net loss of $2.6 million in Q4 2025 and a profit of $623,000 in Q1 2025.
Interest expense was $20.5 million in Q1 2026, still far above operating income of $14.1 million, which is keeping pretax results negative.
Long-term debt stood at $1.40 billion at Q1 2026, keeping leverage elevated and limiting earnings flexibility.

Bottom line: Summit Hotel Properties is showing better top-line momentum and adequate cash generation, but profitability remains pressured by a heavy debt load and interest expense. For investors, the stock’s thesis still depends on continued operating improvement and disciplined debt management rather than near-term earnings growth.

07/05/26 03:05 AM ETAI Generated. May Contain Errors.

Summit Hotel Properties Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Summit Hotel Properties' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Summit Hotel Properties' net income appears to be on a downward trend, with a most recent value of -$11.68 million in 2025, falling from $125.26 million in 2015. The previous period was $38.89 million in 2024. Find out what analysts predict for Summit Hotel Properties in the coming months.

Summit Hotel Properties' total operating income in 2025 was $65.69 million, based on the following breakdown:

Total Gross Profit: $313.82 million
Total Operating Expenses: $248.13 million

Over the last 10 years, Summit Hotel Properties' total revenue changed from $463.46 million in 2015 to $729.47 million in 2025, a change of 57.4%.

Summit Hotel Properties' total liabilities were at $1.50 billion at the end of 2025, a 0.6% decrease from 2024, and a 109.1% increase since 2015.

In the past 10 years, Summit Hotel Properties' cash and equivalents has ranged from $20.72 million in 2020 to $64.49 million in 2021, and is currently $36.11 million as of their latest financial filing in 2025.

Over the last 10 years, Summit Hotel Properties' book value per share changed from 9.83 in 2015 to 7.92 in 2025, a change of -19.4%.

Related Companies

Financial statements for NYSE:INN last updated on 6/17/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Summit Hotel Properties (INN) Financials

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Summit Hotel Properties (INN) Financials

Annual Income Statements for Summit Hotel Properties

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Quarterly Cash Flow Statements for Summit Hotel Properties

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Quarterly Metrics And Ratios for Summit Hotel Properties

Financials Breakdown Chart

Key Financial Trends

Summit Hotel Properties Financials - Frequently Asked Questions

When does Summit Hotel Properties' fiscal year end?

How has Summit Hotel Properties' net income changed over the last 10 years?

What is Summit Hotel Properties' operating income?

How has Summit Hotel Properties' revenue changed over the last 10 years?

How much debt does Summit Hotel Properties have?

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How has Summit Hotel Properties' book value per share changed over the last 10 years?

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