SHO FY 2023 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena

SHOSunstone Hotel Investors, Inc.

$2B

FY 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$986M+8.2% YoY

Gross Profit

$477M48.3% margin

Operating Income

$119M12.0% margin

Net Income

$207M21.0% margin

EPS (Diluted)

$0.93

Cash Flow

Operating Cash Flow

$198M

Free Cash Flow

$198M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$983M

Stockholders' Equity

$2.2B

Cash & Equivalents

$426M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$986M	$912M	+8.2%
Gross Profit	$477M	$448M	+6.5%
Operating Income	$119M	$99M	+19.4%
Net Income	$207M	$87M	+136.8%