SVC Q4 2023 Earnings — Service Properties Trust Revenue & Financial Results | Market Cap Arena

SVCService Properties Trust

$365M

Q4 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$444M-2.5% YoY

Gross Profit

$146M32.8% margin

Operating Income

$134M30.2% margin

Net Income

-$43M-9.8% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-10.6%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$202M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$6.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$444M	$455M	-2.5%
Gross Profit	$146M	$148M	-2.0%
Operating Income	$134M	$140M	-3.9%
Net Income	-$43M	-$31M	-37.9%

Revenue Segments

Net Lease Segment

$101M100%