Summit Hotel Properties (Summit Hotel Properties) Net Margin %

: -6.73% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Summit Hotel Properties's Net Income for the three months ended in Dec. 2023 was $-11.95 Mil. Summit Hotel Properties's Revenue for the three months ended in Dec. 2023 was $177.44 Mil. Therefore, Summit Hotel Properties's net margin for the quarter that ended in Dec. 2023 was -6.73%.

The historical rank and industry rank for Summit Hotel Properties's Net Margin % or its related term are showing as below:

INNPRACL.PFD' s Net Margin % Range Over the Past 10 Years
Min: -61.14 Med: 10.11 Max: 26.85
Current: -1.29

INNPRACL.PFD's Net Margin % is ranked worse than
73.65% of 797 companies
in the REITs industry
Industry Median: 32.84 vs INNPRACL.PFD: -1.29

Summit Hotel Properties Net Margin % Historical Data

The historical data trend for Summit Hotel Properties's Net Margin % can be seen below:

* 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.

* Premium members only.

Summit Hotel Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

15.04

-61.14

-18.12

0.22

-1.29

Summit Hotel Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-4.27	-0.33	1.99	-0.45	-6.73

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the REITs industry and Real Estate sector, Summit Hotel Properties's Net Margin % distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's Net Margin % falls into.

Summit Hotel Properties Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Summit Hotel Properties's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-9.489	/	736.127
	=	-1.29 %

Summit Hotel Properties's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-11.946	/	177.435
	=	-6.73 %

Summit Hotel Properties (NYSE:INNPRACL.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Summit Hotel Properties Net Margin % Related Terms

Thank you for viewing the detailed overview of Summit Hotel Properties's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Summit Hotel Properties (Summit Hotel Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (NYSE:INNPRACL.PFD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

INNpE.PFD:USA INN:USA

Address

13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738

Website

https://www.shpreit.com

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.