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Summit Hotel Properties, Inc.

INN

Summit Hotel Properties, Inc. • NYSE
$5.36 ▲ 0.37% (+0.02)
Market Cap $583.18 M
52w High $6.99
52w Low $3.57
Dividend Yield 0.32%
P/E -31.53
Volume 316.08K
Outstanding Shares 108.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $177.117M ▼ $45.536M ▼ $-6.677M ▼ -3.77% ▼ $-0.11 ▼ $46.198M ▼
Q2-2025 $192.917M ▲ $45.619M ▼ $3.013M ▲ 1.562% ▲ $-0.015 ▲ $61.102M ▲
Q1-2025 $184.478M ▲ $45.8M ▼ $-57K ▼ -0.031% ▼ $-0.04 ▲ $58.563M ▲
Q4-2024 $172.931M ▼ $50.124M ▲ $5.305M ▲ 3.068% ▲ $-0.21 ▼ $45.512M ▼
Q3-2024 $176.807M $44.169M $352K 0.199% $-0.04 $53.912M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $41.135M ▲ $2.848B ▼ $1.549B ▲ $875.794M ▼
Q2-2025 $39.49M ▼ $2.868B ▼ $1.539B ▲ $895.146M ▼
Q1-2025 $48.194M ▲ $2.897B ▲ $1.53B ▲ $920.439M ▲
Q4-2024 $40.637M ▼ $2.896B ▲ $1.511B ▲ $909.545M ▼
Q3-2024 $51.698M $2.837B $1.464B $911.436M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-11.76M ▼ $45.802M ▼ $-22.687M ▼ $-23.934M ▲ $-819K ▲ $45.802M ▼
Q2-2025 $2.037M ▲ $48.836M ▲ $-22.23M ▼ $-34.714M ▼ $-8.108M ▼ $48.836M ▲
Q1-2025 $623K ▼ $25.85M ▼ $-16.872M ▲ $-1.004M ▼ $7.974M ▲ $25.85M ▲
Q4-2024 $5.228M ▲ $32.185M ▼ $-83.047M ▼ $40.183M ▲ $-10.679M ▼ $4.408M ▼
Q3-2024 $-3.556M $55.663M $-16.969M $-32.296M $6.398M $95.583M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Food and Beverage
Food and Beverage
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Hotel Other
Hotel Other
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Occupancy
Occupancy
 $160.00M ▲$150.00M ▼$160.00M ▲$170.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has largely recovered from the deep hit during the 2020–2021 pandemic period and has been fairly steady over the last few years. Profitability has moved from sizable losses during the downturn to modest, positive earnings more recently. Operating margins look healthier than they did right after the pandemic, suggesting better cost control and more efficient operations. That said, the profits are not yet robust; they are positive but thin, which leaves less cushion if travel demand softens or operating costs rise unexpectedly.

Balance Sheet

Balance Sheet The balance sheet shows a sizeable hotel real estate portfolio financed with a meaningful amount of debt, which is typical for a hotel REIT but still an important risk to watch, especially in a higher interest rate environment. Total assets have been relatively stable, while shareholder equity has held steady, indicating that the company has not been heavily diluting owners or dramatically shrinking the asset base. Cash on hand is small relative to total assets, again typical for REITs that distribute much of their cash, but it means the company relies on ongoing cash flows and access to financing to fund investments and manage shocks.

Cash Flow

Cash Flow Cash flow from operations has improved significantly from the pandemic lows and has been consistently positive in recent years, which is a key strength. Free cash flow has also been positive, even after funding regular property investments, suggesting the underlying hotel portfolio is now generating enough cash to sustain itself and support reinvestment. Capital spending has fluctuated as the company renovates and recycles assets, but the overall pattern shows a move from cash burn during the crisis to self-funded operations and growth, which reduces reliance on new borrowing or equity raises.

Competitive Edge

Competitive Edge Summit operates in the upscale select-service hotel niche, which offers a “lean luxury” experience—good locations and modern rooms without the heavy cost structure of large full-service hotels. This segment can enjoy better margins and more predictable economics. Strong affiliations with major brands like Marriott, Hilton, and Hyatt give access to powerful reservation systems and loyalty programs, which is a clear competitive advantage. The company’s disciplined strategy of selling weaker, older hotels and buying stronger, newer ones helps steadily upgrade the portfolio. However, it still faces the usual hotel risks: sensitivity to economic cycles, competition from other branded REITs and independent hotels, and exposure to travel trends in its core markets. The recent data breach also adds some reputational and potential legal risk that bears monitoring.

Innovation and R&D

Innovation and R&D While not a technology company, Summit focuses on innovation in operations rather than flashy new products. It relies heavily on in-house revenue and asset management teams, supported by data analytics, to fine-tune pricing, occupancy, and costs across its portfolio. The emphasis on a scalable, efficient operating platform and careful property design and renovation is its main “R&D” engine. Looking ahead, there is room to deepen the use of technology in guest-facing areas—such as mobile and digital services—which could reinforce its lean, high-quality offering. The company’s capital recycling and partnership structures, such as its joint venture with a large institutional investor, are also strategic innovations that expand growth capacity without overextending the balance sheet.

Summary

Summit Hotel Properties has transitioned from heavy pandemic-era losses to modest, consistent profitability, supported by healthier margins and solid operating cash flow. Its balance sheet reflects a typical REIT profile: valuable real estate backed by notable leverage and limited cash, which works well as long as hotel demand and financing markets remain supportive. The company’s focus on upscale select-service hotels, strong brand partnerships, and disciplined buy-sell discipline gives it a solid competitive footing. Operational excellence and data-driven decision making are the core of its innovation approach, rather than cutting-edge technology. Key watchpoints include the thin profit cushion, exposure to economic and travel cycles, interest-rate and refinancing risk, and any fallout from the recent data breach. Overall, the story is one of a hotel REIT that has largely repaired its fundamentals after the pandemic and is now trying to carefully compound value through efficiency and selective growth.

NEWS

November 11, 2025 · 4:30 PM UTC

SUMMIT HOTEL PROPERTIES PUBLISHES 2025 CORPORATE RESPONSIBILITY REPORT

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November 4, 2025 · 4:37 PM UTC

SUMMIT HOTEL PROPERTIES REPORTS THIRD QUARTER 2025 RESULTS

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October 31, 2025 · 5:00 PM UTC

SUMMIT HOTEL PROPERTIES DECLARES THIRD QUARTER 2025 DIVIDENDS

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September 23, 2025 · 4:31 PM UTC

SUMMIT HOTEL PROPERTIES ANNOUNCES THIRD QUARTER 2025 EARNINGS RELEASE DATE

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