SVC Q3 2024 Earnings — Service Properties Trust Revenue & Financial Results | Market Cap Arena

SVCService Properties Trust

$365M

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$491M-1.1% YoY

Gross Profit

$446M90.8% margin

Operating Income

$163M33.1% margin

Net Income

-$47M-9.5% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

$249M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$6.2B

Stockholders' Equity

$929M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$491M	$497M	-1.1%
Gross Profit	$446M	$174M	+155.9%
Operating Income	$163M	$0	—
Net Income	-$47M	-$4M	-1036.2%

Revenue Segments

Hotel Segment

$391M80%

Net Lease Segment

$100M20%