Pretax income is the income that a company earns before paying income taxes. Summit Hotel Properties's pretax income for the
three
months ended in Jun. 2024 was $41.1 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jun. 2024 was $19.6 Mil.
Summit Hotel Properties's pretax margin was 21.18%.
During the past 13 years, Summit Hotel Properties's highest Pretax Margin was 27.15%. The lowest was -63.07%. And the median was 10.26%.
Summit Hotel Properties Pre-Tax Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Summit Hotel Properties's Pre-Tax Income
For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Summit Hotel Properties's Pre-Tax Income Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Summit Hotel Properties's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Summit Hotel Properties's Pre-Tax Income falls into.
Summit Hotel Properties Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Summit Hotel Properties's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Summit Hotel Properties (NYSE:INN) Pre-Tax Income Explanation
Summit Hotel Properties's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as
During the past 13 years, Summit Hotel Properties's highest Pretax Margin was 27.15%. The lowest was -63.07%. And the median was 10.26%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Summit Hotel Properties Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Summit Hotel Properties's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
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