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Summit Hotel Properties INN Q4 2024 Annual earnings

Reported February 24, 2025 · After market close

Revenue$172.9MBeat by $844.9K
EPS$0.20Beat by $0.30
Revenue estimate$172.1M
EPS estimate-$0.10

Next report

Aug 5, 2026 (In 6 days)
Revenue estimate$198.4M
EPS estimate-$0.01

Financials

Q4 2024

Income statement

See full
Revenue$172.9M-2.5%
Operating income$8.0M+1,778%
Net income$916.0K+106%
EPS (diluted)$0.01+106%

Balance sheet

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Cash & equivalents$48.4M+1.2%
Total debt$1.4B-2.4%
Total equity$909.5M-0.2%
Total assets$2.9B-1.5%

Cash flow

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Operating cash flow$32.2M+5.6%
CapEx$27.8M+4.6%
Free cash flow$4.4M+12.4%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$742.66M+4.6%
Enterprise value$2.12B-0.1%
P/E25.3×
P/S+0.1×

Profitability

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Operating margin14.1%+6.2pp
Net margin4%+2.7pp
FCF margin10.5%+1.8pp

Returns & leverage

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Return on equity3.2%+2.2pp
Debt / equity1.6×0.0×

Segments

By product

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Room$152.8M-2.7%
Food and beverage$10.7M+0.2%
Other$9.4M-3.1%

By segment

See full
Reportable Segements$182.9M-0.6%

Versus estimates

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Questions, answered.

When did Summit Hotel Properties report Q4 2024 earnings?
Summit Hotel Properties (INN) reported Q4 2024 earnings on February 24, 2025 after market close.
What were Summit Hotel Properties's Q4 2024 revenue and EPS?
Summit Hotel Properties reported revenue of $172.9M and eps of $0.20 for Q4 2024.
Did Summit Hotel Properties beat estimates in Q4 2024?
Revenue beat the consensus estimate of $172.1M by $844.9K. EPS beat the consensus estimate of $-0.10 by $0.30.
Where can I find Summit Hotel Properties's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001497645-25-000013) directly on SEC EDGAR. The filing index links above go to sec.gov.