Summit Hotel Properties, Inc.INNEarnings & Financial Report
The Ritz-Carlton Hotel Company, LLC is an American multinational company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 108 luxury hotels and resorts in 30 countries and territories with 29,158 rooms, in addition to 46 hotels with 8,755 rooms planned for the future.
Revenue
$188.1M
Gross Profit
N/A
Operating Profit
$23.5M
Net Profit
$2.8M
Gross Margin
N/A
Operating Margin
12.5%
Net Margin
1.5%
YoY Growth
3.2%
EPS
$-0.02
Financial Flow
Summit Hotel Properties, Inc. Q1 2024 Financial Summary
Summit Hotel Properties, Inc. reported revenue of $188.1M (up 3.2% YoY) for Q1 2024, with a net profit of $2.8M (up 243.8% YoY) (1.5% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $188.1M |
|---|---|
| Net Profit | $2.8M |
| Gross Margin | N/A |
| Operating Margin | 12.5% |
| Report Period | Q1 2024 |
Summit Hotel Properties, Inc. Annual Revenue by Year
Summit Hotel Properties, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $729.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $729.5M |
| 2024 | $731.8M |
| 2023 | $736.1M |
| 2022 | $675.7M |
Summit Hotel Properties, Inc. Quarterly Revenue & Net Profit History
Summit Hotel Properties, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $175.0M | +1.2% | $-2.6M | -1.5% |
| Q3 2025 | $177.1M | +0.2% | $-11.8M | -6.6% |
| Q2 2025 | $192.9M | -0.5% | $2.0M | 1.1% |
| Q1 2025 | $184.5M | -1.9% | $623.0K | 0.3% |
| Q4 2024 | $172.9M | -2.5% | $916.0K | 0.5% |
| Q3 2024 | $176.8M | -2.8% | $-3.6M | -2.0% |
| Q2 2024 | $193.9M | -0.3% | $38.7M | 20.0% |
| Q1 2024 | $188.1M | +3.2% | $2.8M | 1.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $188.1M | $193.9M | $176.8M | $172.9M | $184.5M | $192.9M | $177.1M | $175.0M |
| YoY Growth | 3.2% | -0.3% | -2.8% | -2.5% | -1.9% | -0.5% | 0.2% | 1.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.96B | $2.87B | $2.84B | $2.90B | $2.90B | $2.87B | $2.85B | $2.78B |
| Liabilities | $1.57B | $1.46B | $1.46B | $1.51B | $1.53B | $1.54B | $1.55B | $1.50B |
| Equity | $907.8M | $931.9M | $911.4M | $909.5M | $920.4M | $895.1M | $875.8M | $862.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $28.1M | $50.3M | $55.7M | $32.2M | $25.9M | $48.8M | $45.8M | $28.5M |