What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Summit Hotel Properties INN Gross margin

Discontinued — last reported Q4 '17

Gross margin at other companies

Apple HospitalityAPLE

39.9%-1.3pp

AirbnbABNB

82.9%-0.1pp

Chatham Lodging TrustCLDT

42.9%-0.7pp

Xenia Hotels & ResortsXHR

31%+1.1pp

Pebblebrook Hotel TrustPEB

34%+0.6pp

Pursuit Attractions and Hospitality, Inc.PRSU

92.4%—

Other financials

Income statement

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Revenue$185.1M+0.3%

Operating income$14.1M-28.7%

Net income-$5.9M-1,049%

EPS (diluted)-$0.10-150%

Balance sheet

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Cash & equivalents$50.4M-10.5%

Total debt$1.4B-1.5%

Total equity$840.4M-8.7%

Total assets$2.8B-4.9%

Cash flow

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Operating cash flow$28.1M+8.7%

CapEx$11.9M-24.1%

Free cash flow$16.2M+59.6%

Valuation

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Market cap$741.22M+35.6%

Enterprise value$2.11B+9.2%

P/S1×+0.3×

Profitability

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Operating margin8.2%-5.5pp

Net margin-2.5%-6.9pp

FCF margin10.9%+0.3pp

Returns & leverage

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Return on equity-2.1%-5.6pp

Debt / equity1.7×+0.1×

Where this comes from

Calculated from Summit Hotel Properties’s reported figures.

gross profit/total revenue=36.8%

Based on trailing twelve months.

The official record: Summit Hotel Properties’s 10-Q, filed November 5, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.