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Where this comes from
Calculated from Summit Hotel Properties’s reported figures.
The source filing: Summit Hotel Properties’s 10-Q, filed August 5, 2026. Open the filing →
- Filed
- Aug 5, 2026, 4:35 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001497645-26-000064
FAQ
- What is Summit Hotel Properties's EBIT?
- Summit Hotel Properties (INN) reported EBIT of $28.89M in Q2 2026.
- How has Summit Hotel Properties's EBIT changed year-over-year?
- Summit Hotel Properties's EBIT increased by 27.3% year-over-year, from $22.68M to $28.89M.
- What is the long-term trend for Summit Hotel Properties's EBIT?
- Over 4 years (2021 to 2025), Summit Hotel Properties's EBIT has grown at a 18.5% compound annual growth rate (CAGR), from -$33.27M to $65.69M.
- What does EBIT mean?
- Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.
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