SVC Q2 2023 Earnings — Service Properties Trust Revenue & Financial Results | Market Cap Arena

SVCService Properties Trust

$365M

Q2 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$504M-2.3% YoY

Gross Profit

$189M37.6% margin

Operating Income

$177M35.1% margin

Net Income

-$11M-2.2% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+17.4%

Cash Flow

Operating Cash Flow

$316M

Free Cash Flow

$253M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$6.3B

Stockholders' Equity

$1.3B

Cash & Equivalents

$435M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$504M	$516M	-2.3%
Gross Profit	$189M	$190M	-0.2%
Operating Income	$177M	$177M	-0.1%
Net Income	-$11M	$11M	-199.4%

Revenue Segments

Hotel Segment

$404M80%

Net Lease Segment

$99M20%