Summit Operating Income from 2010 to 2025

INN Stock

USD 5.65 0.02 0.35%

Summit Hotel Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about 108.7 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Summit Hotel Properties generates from its operations. View All Fundamentals

Operating Income

First Reported

2009-03-31

Previous Quarter

15.8 M

Current Value

8 M

Quarterly Volatility

15.8 M

Credit Downgrade

Yuan Drop

Covid

Check Summit Hotel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Hotel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.3 M, Interest Expense of 86.8 M or Total Revenue of 439.6 M, as well as many indicators such as Price To Sales Ratio of 0.94, Dividend Yield of 0.059 or PTB Ratio of 0.76. Summit financial statements analysis is a perfect complement when working with Summit Hotel Valuation or Volatility modules.

Check out the analysis of Summit Hotel Correlation against competitors.

Latest Summit Hotel's Operating Income Growth Pattern

Below is the plot of the Operating Income of Summit Hotel Properties over the last few years. Operating Income is the amount of profit realized from Summit Hotel Properties operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Summit Hotel Properties is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Summit Hotel's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Hotel's overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Operating Income

Timeline

Summit Operating Income Regression Statistics

	Arithmetic Mean	49,974,457
	Geometric Mean	50,178,884
	Coefficient Of Variation	113.43
	Mean Deviation	42,815,673
	Median	67,782,000
	Standard Deviation	56,684,083
	Sample Variance	3213.1T
	Range	228M
	R-Value	0.25
	Mean Square Error	3228.4T
	R-Squared	0.06
	Significance	0.35
	Slope	2,970,110
	Total Sum of Squares	48196.3T

Summit Operating Income History

	2025	108.7 M
	2024	103.5 M
	2023	58.8 M
	2022	67.8 M
	2021	-15.8 M
	2020	-102.8 M
	2019	82 M

Other Fundumenentals of Summit Hotel Properties

Non Operating Income Net Other

Summit Hotel Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Total Permanent Equity	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.81	0.72	0.78	0.38	0.28	0.98	0.63	0.55	0.99	0.73	0.83	0.53	0.26	-0.4	0.79	0.9	0.53	0.57	0.72	0.91	0.86	0.55	0.43	-0.38	0.29
Total Stockholder Equity	0.81		0.9	0.63	0.46	0.4	0.76	0.81	0.27	0.71	0.53	0.62	0.22	0.05	-0.46	0.45	0.92	0.32	0.48	0.84	0.52	0.63	0.22	0.07	-0.38	0.04
Net Tangible Assets	0.72	0.9		0.65	0.08	0.44	0.65	0.73	0.26	0.63	0.41	0.53	0.16	0.14	-0.09	0.42	0.83	0.34	0.28	0.69	0.46	0.6	0.22	0.08	-0.35	0.08
Total Permanent Equity	0.78	0.63	0.65		0.21	0.13	0.77	0.67	0.66	0.78	0.5	0.81	0.54	0.44	-0.24	0.77	0.69	0.44	0.32	0.45	0.78	0.93	0.51	0.41	-0.55	0.52
Retained Earnings	0.38	0.46	0.08	0.21		0.35	0.39	0.34	0.17	0.34	0.33	0.35	0.14	0.09	-1.0	0.23	0.49	0.18	0.26	0.67	0.27	0.28	0.12	0.08	-0.17	0.1
Accounts Payable	0.28	0.4	0.44	0.13	0.35		0.16	0.1	-0.01	0.18	0.15	-0.02	-0.17	0.17	-0.35	0.13	0.43	0.36	-0.12	0.63	0.08	0.13	0.16	0.13	0.19	0.05
Long Term Debt	0.98	0.76	0.65	0.77	0.39	0.16		0.63	0.61	0.99	0.76	0.87	0.62	0.21	-0.41	0.77	0.87	0.45	0.64	0.67	0.91	0.84	0.53	0.4	-0.45	0.29
Net Receivables	0.63	0.81	0.73	0.67	0.34	0.1	0.63		0.27	0.58	0.36	0.64	0.2	0.0	-0.33	0.37	0.68	0.13	0.45	0.53	0.45	0.6	0.02	0.05	-0.61	0.0
Short Term Investments	0.55	0.27	0.26	0.66	0.17	-0.01	0.61	0.27		0.61	0.46	0.72	0.65	0.6	-0.2	0.54	0.47	0.24	0.09	0.29	0.68	0.68	0.48	0.47	-0.61	0.64
Total Liab	0.99	0.71	0.63	0.78	0.34	0.18	0.99	0.58	0.61		0.75	0.87	0.62	0.3	-0.37	0.82	0.84	0.52	0.57	0.64	0.95	0.87	0.58	0.47	-0.42	0.35
Deferred Long Term Liab	0.73	0.53	0.41	0.5	0.33	0.15	0.76	0.36	0.46	0.75		0.74	0.49	0.22	-0.35	0.51	0.67	0.32	0.42	0.52	0.71	0.63	0.64	0.17	-0.25	0.25
Long Term Investments	0.83	0.62	0.53	0.81	0.35	-0.02	0.87	0.64	0.72	0.87	0.74		0.59	0.49	-0.38	0.74	0.78	0.45	0.37	0.57	0.85	0.82	0.54	0.45	-0.61	0.57
Short Long Term Debt	0.53	0.22	0.16	0.54	0.14	-0.17	0.62	0.2	0.65	0.62	0.49	0.59		0.18	-0.17	0.39	0.43	-0.01	0.39	0.26	0.63	0.58	0.25	0.06	-0.66	0.31
Total Current Assets	0.26	0.05	0.14	0.44	0.09	0.17	0.21	0.0	0.6	0.3	0.22	0.49	0.18		-0.12	0.51	0.27	0.64	-0.55	0.18	0.44	0.49	0.42	0.61	-0.17	0.83
Short Term Debt	-0.4	-0.46	-0.09	-0.24	-1.0	-0.35	-0.41	-0.33	-0.2	-0.37	-0.35	-0.38	-0.17	-0.12		-0.26	-0.51	-0.21	-0.26	-0.68	-0.31	-0.31	-0.16	-0.11	0.18	-0.14
Intangible Assets	0.79	0.45	0.42	0.77	0.23	0.13	0.77	0.37	0.54	0.82	0.51	0.74	0.39	0.51	-0.26		0.6	0.8	0.36	0.39	0.87	0.82	0.59	0.8	-0.13	0.64
Common Stock	0.9	0.92	0.83	0.69	0.49	0.43	0.87	0.68	0.47	0.84	0.67	0.78	0.43	0.27	-0.51	0.6		0.47	0.43	0.91	0.68	0.71	0.38	0.27	-0.42	0.31
Property Plant Equipment	0.53	0.32	0.34	0.44	0.18	0.36	0.45	0.13	0.24	0.52	0.32	0.45	-0.01	0.64	-0.21	0.8	0.47		-0.05	0.39	0.56	0.49	0.43	0.82	0.27	0.62
Net Debt	0.57	0.48	0.28	0.32	0.26	-0.12	0.64	0.45	0.09	0.57	0.42	0.37	0.39	-0.55	-0.26	0.36	0.43	-0.05		0.32	0.43	0.32	0.14	0.03	-0.2	-0.24
Current Deferred Revenue	0.72	0.84	0.69	0.45	0.67	0.63	0.67	0.53	0.29	0.64	0.52	0.57	0.26	0.18	-0.68	0.39	0.91	0.39	0.32		0.45	0.45	0.23	0.16	-0.26	0.2
Long Term Debt Total	0.91	0.52	0.46	0.78	0.27	0.08	0.91	0.45	0.68	0.95	0.71	0.85	0.63	0.44	-0.31	0.87	0.68	0.56	0.43	0.45		0.91	0.65	0.56	-0.4	0.44
Capital Surpluse	0.86	0.63	0.6	0.93	0.28	0.13	0.84	0.6	0.68	0.87	0.63	0.82	0.58	0.49	-0.31	0.82	0.71	0.49	0.32	0.45	0.91		0.61	0.42	-0.51	0.46
Cash And Equivalents	0.55	0.22	0.22	0.51	0.12	0.16	0.53	0.02	0.48	0.58	0.64	0.54	0.25	0.42	-0.16	0.59	0.38	0.43	0.14	0.23	0.65	0.61		0.39	0.0	0.44
Net Invested Capital	0.43	0.07	0.08	0.41	0.08	0.13	0.4	0.05	0.47	0.47	0.17	0.45	0.06	0.61	-0.11	0.8	0.27	0.82	0.03	0.16	0.56	0.42	0.39		0.13	0.72
Net Working Capital	-0.38	-0.38	-0.35	-0.55	-0.17	0.19	-0.45	-0.61	-0.61	-0.42	-0.25	-0.61	-0.66	-0.17	0.18	-0.13	-0.42	0.27	-0.2	-0.26	-0.4	-0.51	0.0	0.13		-0.18
Capital Stock	0.29	0.04	0.08	0.52	0.1	0.05	0.29	0.0	0.64	0.35	0.25	0.57	0.31	0.83	-0.14	0.64	0.31	0.62	-0.24	0.2	0.44	0.46	0.44	0.72	-0.18

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About Summit Hotel Financial Statements

Summit Hotel investors utilize fundamental indicators, such as Operating Income, to predict how Summit Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Operating Income	103.5 M	108.7 M
Non Operating Income Net Other	8.6 M	8.1 M

Pair Trading with Summit Hotel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Summit Hotel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Summit Hotel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Summit Stock

0.81	UE	Urban Edge Properties	Pair Corr
0.82	EQIX	Equinix	Pair Corr
0.79	ESBA	Empire State Realty	Pair Corr
0.78	FISK	Empire State Realty	Pair Corr

Moving against Summit Stock

0.79	CCI	Crown Castle	Pair Corr
0.77	MPW	Medical Properties Trust	Pair Corr
0.76	AMT	American Tower Corp	Pair Corr
0.67	BNL	Broadstone Net Lease	Pair Corr

The ability to find closely correlated positions to Summit Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Summit Hotel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Summit Hotel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Summit Hotel Properties to buy it.

The correlation of Summit Hotel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Summit Hotel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Summit Hotel Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Summit Hotel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Summit Hotel Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Hotel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Hotel Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Hotel Properties Stock:

How To Invest In Summit

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Is Summit Stock a good investment?

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What is Summit Hotel's Net Worth?

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Largest Hotel & Resort REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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Check out the analysis of Summit Hotel Correlation against competitors.

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Hotel. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Hotel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Dividend Share

0.3

Earnings Share

0.22

Revenue Per Share

6.908

Quarterly Revenue Growth

(0.03)

The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Summit Operating Income from 2010 to 2025

Latest Summit Hotel's Operating Income Growth Pattern

Summit Operating Income Regression Statistics

Summit Operating Income History

Other Fundumenentals of Summit Hotel Properties

Summit Hotel Operating Income component correlations

About Summit Hotel Financial Statements

Pair Trading with Summit Hotel

Moving together with Summit Stock

Moving against Summit Stock

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