Summit Hotel Properties (INN) Accumulated Expenses (2012 - 2020)
Summit Hotel Properties (INN) recorded quarterly Accumulated Expenses of $72.3 million in Q3 2020, up 6.07% quarter-over-quarter from $68.2 million in Q2 2020, and down 14.81% on a YoY basis from $84.9 million in Q4 2019.
Summit Hotel Properties (INN) Accumulated Expenses (2012 - 2020) Analysis & Trends
Summit Hotel Properties' Accumulated Expenses history runs 9 years deep, the most recent figure standing at $72.3 million for Q3 2020.
- In Q3 2020, Accumulated Expenses fell 14.81% year-over-year to $72.3 million; the TTM figure through Sep 2020 stood at $72.3 million (down 14.81% YoY), while the FY2019 annual figure was $71.8 million, up 8.64% from the prior year.
- Accumulated Expenses was $72.3 million for Q3 2020 at Summit Hotel Properties, up from $68.2 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $84.9 million in Q3 2019 to a low of $43.1 million in Q1 2016.
- Historically, Accumulated Expenses has averaged $61.6 million across 5 years, with a median of $61.5 million in 2018.
- The sharpest annual moves came in 2018 and 2020: Accumulated Expenses gained 29.32% in 2018, then fell 14.81% in 2020.
- A 5-year view of Accumulated Expenses shows it stood at $46.9 million in 2016, then increased by 20.49% to $56.5 million in 2017, then rose by 16.93% to $66.0 million in 2018, then grew by 8.64% to $71.8 million in 2019, then gained by 0.81% to $72.3 million in 2020.
- The last three Accumulated Expenses figures came in at $72.3 million (Q3 2020), $68.2 million (Q2 2020), and $76.1 million (Q1 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn |
| 10 | Chatham Lodging Trust | 558.19 Mn | 571.00 Mn | 67.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 72.34 Mn |
| Jun 30, 2020 | 68.20 Mn |
| Mar 31, 2020 | 76.10 Mn |
| Dec 31, 2019 | 71.76 Mn |
| Sep 30, 2019 | 84.92 Mn |
| Jun 30, 2019 | 72.99 Mn |
| Mar 31, 2019 | 65.93 Mn |
| Dec 31, 2018 | 66.05 Mn |
| Sep 30, 2018 | 71.35 Mn |
| Jun 30, 2018 | 61.49 Mn |
| Mar 31, 2018 | 60.94 Mn |
| Dec 31, 2017 | 56.49 Mn |
| Sep 30, 2017 | 56.31 Mn |
| Jun 30, 2017 | 47.55 Mn |
| Mar 31, 2017 | 47.64 Mn |
| Dec 31, 2016 | 46.88 Mn |
| Sep 30, 2016 | 53.83 Mn |
| Jun 30, 2016 | 46.98 Mn |
| Mar 31, 2016 | 43.11 Mn |
| Dec 31, 2015 | 42.17 Mn |