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Summit Hotel Properties INN Reportable Segments — Lodging Property Expenses

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Other financials

Income statement

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Revenue$199.0M+3.2%
Operating income$28.9M+27.3%
Net income$9.7M+378%
EPS (diluted)$0.04+300%

Balance sheet

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Cash & equivalents$42.5M-11.9%
Total debt$1.4B-3.8%
Total equity$838.9M-6.3%
Total assets$2.7B-4.9%

Cash flow

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Operating cash flow$55.3M+13.3%
CapEx$11.7M-38.0%
Free cash flow$43.7M+45.6%

Valuation

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Market cap$699.97M+21.2%
Enterprise value$2.05B+3.5%
P/S+0.2×

Profitability

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Gross margin36.8%
Operating margin9%-0.1pp
Net margin-1.4%-1.4pp
FCF margin12.7%+2.0pp

Returns & leverage

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Return on equity-1.2%-1.2pp
Debt / equity1.7×0.0×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept inn:LodgingPropertyExpenses.

The source filing: Summit Hotel Properties’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001497645-26-000064
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Property taxes, insurance and other13,57113,70627,45527,017
Food and beverage8,4808,38817,00016,379
Property operations & maintenance8,0538,25615,88216,077
Utility costs7,2076,93114,83713,969
Management fees4,3664,4118,5878,906
Other lodging property expenses4,8484,1169,5237,934
Total lodging property expenses126,440124,614248,062243,465
Hotel EBITDA$72,579$68,303$136,010$133,930

Item 1. Financial Statements

FAQ

What is Summit Hotel Properties's reportable segments — lodging property expenses?
Summit Hotel Properties (INN) reported reportable segments — lodging property expenses of $126.44M in Q2 2026.
How has Summit Hotel Properties's reportable segments — lodging property expenses changed year-over-year?
Summit Hotel Properties's reportable segments — lodging property expenses increased by 1.5% year-over-year, from $124.61M to $126.44M.
What does reportable segments — lodging property expenses mean?
This is the total sum of all direct operating expenses incurred to run the hotel properties, including labor, utilities, maintenance, and management fees. It represents the total cost of goods and services required to generate hotel revenue. Investors use this metric to evaluate the overall operating cost structure and margin potential of the hotel portfolio.

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