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
DateValue
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