Summit Hotel Properties (INN) Tax Provisions (2013 - 2026)
Summit Hotel Properties (INN) posted Tax Provisions of -$1.4 million for Q2 2026, down 258.89% on a QoQ basis from $900000.0 in Q1 2026, and down 219.17% year-over-year from $1.2 million in Q2 2025.
Analysis
Summit Hotel Properties (INN) Tax Provisions (2013 - 2026) Analysis & Trends
Summit Hotel Properties has reported Tax Provisions for 14 years, with the latest figure at -$1.4 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 219.17% year-over-year to -$1.4 million in Q2 2026; TTM through Jun 2026 was -$1.6 million, a 82.65% increase from a year earlier, with the FY2025 full-year figure at $842000.0, up 109.63% from the prior year.
- Tax Provisions was -$1.4 million for Q2 2026 at Summit Hotel Properties, down from $900000.0 in the prior quarter.
- The five-year high for Tax Provisions was $6.4 million in Q2 2022, with the low at -$11.7 million in Q4 2024.
- Average Tax Provisions over 5 years is -$108555.6, with a median of $274500.0 recorded in 2024.
- The largest YoY upside for Tax Provisions was 2045.67% in 2022 against a maximum downside of 2004.76% in 2022.
- Over 5 years, Tax Provisions stood at -$1.0 million in 2022, then surged by 205.98% to $1.1 million in 2023, then plunged by 1162.57% to -$11.7 million in 2024, then surged by 93.67% to -$738000.0 in 2025, then plunged by 93.77% to -$1.4 million in 2026.
- The last three Tax Provisions figures came in at -$1.4 million (Q2 2026), $900000.0 (Q1 2026), and -$738000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.72 Bn | 7.36 Bn | 364.88 Mn | 12.06 Mn |
| 2 | Apple Hospitality REIT | 3.68 Bn | 3.67 Bn | 174.97 Mn | 260,000.00 |
| 3 | Park Hotels & Resorts | 3.07 Bn | 2.81 Bn | 232.00 Mn | 5.00 Mn |
| 4 | DiamondRock Hospitality | 2.50 Bn | 2.39 Bn | 123.23 Mn | 1.68 Mn |
| 5 | Pebblebrook Hotel Trust | 2.04 Bn | 1.78 Bn | 154.61 Mn | 7.72 Mn |
| 6 | Sunstone Hotel Investors | 2.04 Bn | 1.83 Bn | 242.17 Mn | 187,000.00 |
| 7 | RLJ Lodging Trust | 1.64 Bn | 701.38 Mn | - | 286,000.00 |
| 8 | Xenia Hotels & Resorts | 1.62 Bn | 1.51 Bn | 97.24 Mn | 1.10 Mn |
| 9 | Chatham Lodging Trust | 602.51 Mn | 591.17 Mn | 84.71 Mn | 100,000.00 |
| 10 | Summit Hotel Properties | 594.03 Mn | 557.10 Mn | 138.35 Mn | -1.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.43 Mn |
| Mar 31, 2026 | 900,000.00 |
| Dec 31, 2025 | -738,000.00 |
| Sep 30, 2025 | -352,000.00 |
| Jun 30, 2025 | 1.20 Mn |
| Mar 31, 2025 | 800,000.00 |
| Dec 31, 2024 | -11.67 Mn |
| Sep 30, 2024 | 332,000.00 |
| Jun 30, 2024 | 2.38 Mn |
| Mar 31, 2024 | 217,000.00 |
| Dec 31, 2023 | 1.10 Mn |
| Sep 30, 2023 | 1.40 Mn |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | -500,000.00 |
| Dec 31, 2022 | -1.04 Mn |
| Sep 30, 2022 | 210,000.00 |
| Jun 30, 2022 | 6.44 Mn |
| Mar 31, 2022 | -2.00 Mn |
| Dec 31, 2021 | 373,000.00 |
| Sep 30, 2021 | 700,000.00 |