Sunstone Hotel Investors, Inc. (SHO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 259.71M | 236.97M | 229.32M | 259.77M | 234.06M | 214.77M | 226.39M | 247.48M | 217.17M | 219.22M | 247.7M | 275.61M | 243.44M | 244.14M | 244.31M | 251.28M | 171.31M | 173.89M | 167.42M | 117.21M |
| Revenue Growth % | 10.96% | 10.33% | 1.29% | 4.97% | 7.78% | -2.03% | -8.6% | -10.21% | -10.79% | -10.21% | 1.39% | 9.68% | 42.1% | 40.4% | 45.93% | 114.38% | 238.35% | 365.43% | 479.11% | 1024.42% |
| Property Operating Expenses | 0 | 530.13M | 128.36M | 129.23M | 126.83M | 118.02M | 52.1M | 120.44M | 117.65M | 118.24M | 138.77M | 141.11M | 133.04M | 128.52M | 133.36M | 126.04M | 101.13M | 191.13M | 102.06M | 64.86M |
| Net Operating Income (NOI) | 259.71M | -293.17M | 100.97M | 130.55M | 107.23M | 96.75M | 174.29M | 127.04M | 99.52M | 100.99M | 108.93M | 134.5M | 110.4M | 115.62M | 110.95M | 125.24M | 70.19M | -17.25M | 65.36M | 52.34M |
| NOI Margin % | 100% | -123.72% | 44.03% | 50.25% | 45.81% | 45.05% | 76.99% | 51.33% | 45.82% | 46.06% | 43.98% | 48.8% | 45.35% | 47.36% | 45.41% | 49.84% | 40.97% | -9.92% | 39.04% | 44.66% |
| Operating Expenses | 231.29M | -309.22M | 89.08M | 100.12M | 90.76M | 87.36M | 157.89M | 91.49M | 82.26M | 82.4M | 48.91M | 54.15M | 53.27M | 50.5M | 49.24M | 50.73M | 45.1M | -11.36M | 37.96M | 72.28M |
| G&A Expenses | 0 | 13.53M | 13.42M | 14.22M | 13.12M | 13.85M | 13.22M | 12.97M | 12.13M | 12.27M | 48.91M | 54.15M | 53.27M | 50.5M | 49.24M | 50.73M | 45.1M | 41.8M | 37.96M | 32.58M |
| EBITDA | 29.96M | 49.88M | 45.82M | 64.55M | 48.75M | 42.05M | 48.09M | 66.66M | 46.3M | 47.72M | 93.18M | 112.73M | 89.46M | 97.5M | 93.45M | 105.39M | 56.44M | 26.71M | 59.98M | 12.79M |
| EBITDA Margin % | 11.53% | 21.05% | 19.98% | 24.85% | 20.83% | 19.58% | 21.24% | 26.94% | 21.32% | 21.77% | 37.62% | 40.9% | 36.75% | 39.93% | 38.25% | 41.94% | 32.95% | 15.36% | 35.83% | 10.91% |
| Depreciation & Amortization | 0 | 33.83M | 33.93M | 34.13M | 32.27M | 32.67M | 31.69M | 31.11M | 29.04M | 29.14M | 33.17M | 32.38M | 32.32M | 32.38M | 31.73M | 30.88M | 31.35M | 32.6M | 32.59M | 32.73M |
| D&A / Revenue % | 0% | 14.28% | 14.79% | 13.14% | 13.79% | 15.21% | 14% | 12.57% | 13.37% | 13.29% | 13.39% | 11.75% | 13.28% | 13.26% | 12.99% | 12.29% | 18.3% | 18.75% | 19.46% | 27.92% |
| Operating Income | 28.42M | 16.05M | 11.89M | 30.43M | 16.47M | 9.39M | 16.4M | 35.55M | 17.26M | 18.59M | 60.02M | 80.35M | 57.13M | 65.12M | 61.72M | 74.51M | 25.09M | -5.88M | 27.4M | -19.94M |
| Operating Margin % | 10.94% | 6.77% | 5.19% | 11.71% | 7.04% | 4.37% | 7.24% | 14.36% | 7.95% | 8.48% | 24.23% | 29.15% | 23.47% | 26.67% | 25.26% | 29.65% | 14.64% | -3.38% | 16.36% | -17.01% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 |
| Interest Coverage | 2.66x | 1.53x | 1.11x | 1.88x | 1.45x | 1.08x | 1.18x | 3.17x | - | - | - | 5.20x | 1.80x | 2.79x | - | - | - | 20.38x | - | - |
| Non-Operating Income | -1.53M | -4.61M | -2.5M | 7.39M | -701K | -1.58M | -1.61M | -2.99M | -7.23M | -123.88M | 33.19M | 32.4M | 32.34M | 32.39M | 31.75M | 30.89M | 31.36M | -152.64M | 32.59M | -81K |
| Pretax Income | 18.68M | 7.16M | 1.46M | 10.81M | 5.35M | 819K | 2.77M | 26.4M | 12.18M | 129.78M | 16.16M | 43.88M | 21.45M | 17.95M | 20.2M | 37.72M | 15.26M | 138.34M | -22.1M | -27.89M |
| Pretax Margin % | 7.19% | 3.02% | 0.64% | 4.16% | 2.29% | 0.38% | 1.22% | 10.67% | 5.61% | 59.2% | 6.52% | 15.92% | 8.81% | 7.35% | 8.27% | 15.01% | 8.91% | 79.56% | -13.2% | -23.8% |
| Income Tax | 122K | -56K | 137K | 37K | 98K | -17K | -483K | 255K | -855K | 2.8M | 602K | 803K | 358K | 485K | -290K | 28K | 136K | 18K | 25K | 23K |
| Effective Tax Rate % | 0.65% | -0.78% | 9.39% | 0.34% | 1.83% | -2.08% | -17.46% | 0.97% | -7.02% | 2.16% | 3.73% | 1.83% | 1.67% | 2.7% | -1.44% | 0.07% | 0.89% | 0.01% | -0.11% | -0.08% |
| Net Income | 18.56M | 7.22M | 1.32M | 10.77M | 5.25M | 836K | 3.25M | 26.14M | 13.04M | 126.98M | 15.56M | 43.08M | 21.09M | 17.46M | 20.49M | 35.35M | 13.99M | 137.99M | -23.06M | -27.32M |
| Net Margin % | 7.15% | 3.05% | 0.58% | 4.15% | 2.25% | 0.39% | 1.44% | 10.56% | 6% | 57.92% | 6.28% | 15.63% | 8.66% | 7.15% | 8.39% | 14.07% | 8.17% | 79.36% | -13.77% | -23.31% |
| Net Income Growth % | 253.13% | 763.28% | -59.31% | -58.79% | -59.69% | -99.34% | -79.12% | -39.31% | -38.18% | 627.17% | -24.06% | 21.86% | 50.74% | -87.34% | 188.86% | 229.38% | 126.24% | 463.14% | 74.18% | 76.31% |
| Funds From Operations (FFO) | 18.56M | 41.05M | 35.25M | 44.9M | 37.53M | 33.5M | 34.94M | 57.25M | 42.08M | 156.12M | 48.73M | 75.46M | 53.41M | 49.84M | 52.22M | 66.22M | 45.34M | 170.59M | 9.53M | 5.41M |
| FFO Margin % | 7.15% | 17.32% | 15.37% | 17.28% | 16.03% | 15.6% | 15.43% | 23.13% | 19.37% | 71.21% | 19.67% | 27.38% | 21.94% | 20.41% | 21.37% | 26.35% | 26.47% | 98.1% | 5.69% | 4.61% |
| FFO Growth % | - | 22.53% | 0.89% | -21.58% | -10.8% | -78.54% | -28.3% | -24.12% | -21.22% | 213.25% | -6.69% | 13.94% | 17.79% | -70.78% | 448.06% | 1124.78% | 301.15% | 3356.72% | 116.93% | 106.69% |
| FFO per Share | 0.10 | 0.22 | 0.19 | 0.23 | 0.19 | 0.17 | 0.17 | 0.28 | 0.21 | 0.77 | 0.24 | 0.36 | 0.26 | 0.24 | 0.25 | 0.31 | 0.21 | 0.78 | 0.04 | 0.03 |
| FFO Payout Ratio % | 0% | 49.4% | 61.82% | 47.26% | 61.56% | 63.49% | 64.36% | 30.47% | 70.75% | 11.26% | 30.19% | 17.97% | 26.18% | 27.62% | 8.35% | 4.81% | 7.75% | 1.73% | 29.14% | 88.05% |
| EPS (Diluted) | 0.08 | 0.04 | -0.02 | 0.03 | 0.01 | -0.02 | -0.00 | 0.11 | 0.06 | 0.60 | 0.06 | 0.19 | 0.08 | 0.07 | 0.08 | 0.15 | 0.06 | 0.61 | -0.11 | -0.13 |
| EPS Growth % | 700% | 290% | - | -68.64% | -84.42% | -103.33% | -106.21% | -42.11% | -22.74% | 794.19% | -26.05% | 26.67% | 29.04% | -89% | 173.27% | 215.38% | 125.76% | 438.89% | 73.81% | 75.93% |
| EPS (Basic) | 0.08 | 0.04 | -0.02 | 0.03 | 0.01 | -0.02 | -0.00 | 0.11 | 0.06 | 0.60 | 0.06 | 0.19 | 0.08 | 0.07 | 0.08 | 0.15 | 0.06 | 0.61 | -0.11 | -0.13 |
| Diluted Shares Outstanding | 188.67M | 189.95M | 190.11M | 196.3M | 201.44M | 200.19M | 201.4M | 203.46M | 202.96M | 203.83M | 205.78M | 206.83M | 207.28M | 209.11M | 211.29M | 213.18M | 217.27M | 217.87M | 217.71M | 215.11M |