Sunstone Hotel Investors (SHO-PH) Operating Expenses (2010 - 2026)
Sunstone Hotel Investors (SHO-PH) recorded quarterly Operating Expenses of $231.3 million in Q1 2026, up 5.11% quarter-over-quarter from $220.0 million in Q4 2025, and up 6.29% on a YoY basis from $217.6 million in Q1 2025.
Sunstone Hotel Investors (SHO-PH) Operating Expenses (2010 - 2026) Analysis & Trends
Sunstone Hotel Investors' Operating Expenses history runs 17 years deep, the most recent figure standing at $231.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 6.29% year-over-year to $231.3 million; the TTM figure through Mar 2026 stood at $898.1 million (up 6.3% YoY), while the FY2025 annual figure was $884.4 million, up 6.91% from the prior year.
- Operating Expenses was $231.3 million for Q1 2026 at Sunstone Hotel Investors, up from $220.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $231.3 million in Q1 2026 to a low of $179.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $213.3 million across 5 years, with a median of $215.0 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 82.61% in 2022, then declined 8.57% in 2024.
- A 5-year view of Operating Expenses shows it stood at $215.0 million in 2022, then dropped by 6.67% to $200.6 million in 2023, then rose by 2.37% to $205.4 million in 2024, then rose by 7.13% to $220.0 million in 2025, then advanced by 5.11% to $231.3 million in 2026.
- The last three Operating Expenses figures came in at $231.3 million (Q1 2026), $220.0 million (Q4 2025), and $217.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | 224.99 Mn |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 170.88 Mn |
| 10 | Sunstone Hotel Investors | - | - | 226.95 Mn | 231.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 231.29 Mn |
| Dec 31, 2025 | 220.04 Mn |
| Sep 30, 2025 | 217.43 Mn |
| Jun 30, 2025 | 229.35 Mn |
| Mar 31, 2025 | 217.59 Mn |
| Dec 31, 2024 | 205.38 Mn |
| Sep 30, 2024 | 209.99 Mn |
| Jun 30, 2024 | 211.93 Mn |
| Mar 31, 2024 | 199.91 Mn |
| Dec 31, 2023 | 200.64 Mn |
| Sep 30, 2023 | 220.87 Mn |
| Jun 30, 2023 | 227.66 Mn |
| Mar 31, 2023 | 218.65 Mn |
| Dec 31, 2022 | 214.98 Mn |
| Sep 30, 2022 | 214.35 Mn |
| Jun 30, 2022 | 207.76 Mn |
| Mar 31, 2022 | 179.09 Mn |
| Dec 31, 2021 | 180.45 Mn |
| Sep 30, 2021 | 181.60 Mn |
| Jun 30, 2021 | 137.15 Mn |