INN FY 2022 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$452M

FY 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$676M+86.7% YoY

Gross Profit

$238M35.3% margin

Operating Income

$68M10.0% margin

Net Income

$1M0.2% margin

EPS (Diluted)

$0.01

Cash Flow

Operating Cash Flow

$170M

Free Cash Flow

$93M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.6B

Stockholders' Equity

$960M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$676M	$362M	+86.7%
Gross Profit	$238M	$107M	+121.9%
Operating Income	$68M	-$33M	+303.8%
Net Income	$1M	-$66M	+102.2%