INN FY 2024 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$452M

FY 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$732M-0.6% YoY

Gross Profit

$260M35.5% margin

Operating Income

$103M14.1% margin

Net Income

$44M6.0% margin

EPS (Diluted)

$0.19

Cash Flow

Operating Cash Flow

$166M

Free Cash Flow

$77M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.5B

Stockholders' Equity

$910M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$732M	$736M	-0.6%
Gross Profit	$260M	$258M	+0.6%
Operating Income	$103M	$59M	+76.0%
Net Income	$44M	-$9M	+559.9%