SVC Q1 2023 Earnings — Service Properties Trust Revenue & Financial Results | Market Cap Arena

SVCService Properties Trust

$365M

Q1 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$429M+9.0% YoY

Gross Profit

$125M29.1% margin

Operating Income

$114M26.5% margin

Net Income

$26M6.0% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$6.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$429M	$394M	+9.0%
Gross Profit	$125M	$102M	+22.1%
Operating Income	$114M	$90M	+26.2%
Net Income	$26M	-$120M	+121.7%

Revenue Segments

Hotel Segment

$335M78%

Net Lease Segment

$94M22%