Sunstone Hotel Investors (SHO) Operating Expenses (2010 - 2026)
Sunstone Hotel Investors (SHO) posted quarterly Operating Expenses of $231.3 million for Q1 2026, up 6.29% year-over-year from $217.6 million in Q1 2025, and up 5.11% quarter-over-quarter from $220.0 million in Q4 2025.
Sunstone Hotel Investors (SHO) 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 for Q1 2026 stood at $231.3 million, up from $220.0 million in the prior quarter.
- The five-year high for Operating Expenses was $231.3 million in Q1 2026, with the low at $179.1 million in Q1 2022.
- The 5-year median for Operating Expenses is $215.0 million (2022), against an average of $213.3 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 82.61% in 2022, then dropped 8.57% in 2024.
- Sunstone Hotel Investors' Operating Expenses stood at $215.0 million in 2022, then slipped by 6.67% to $200.6 million in 2023, then increased by 2.37% to $205.4 million in 2024, then increased by 7.13% to $220.0 million in 2025, then gained by 5.11% to $231.3 million in 2026.
- Business Quant data shows SHO's Operating Expenses at $231.3 million in Q1 2026, $220.0 million in Q4 2025, and $217.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.11 Bn | 7.75 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.93 Bn | 3.92 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.17 Bn | 2.91 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.63 Bn | 2.53 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.11 Bn | 1.91 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.10 Bn | 1.84 Bn | 154.61 Mn | 349.90 Mn |
| 7 | Xenia Hotels & Resorts | 1.80 Bn | 1.69 Bn | 97.24 Mn | 295.46 Mn |
| 8 | RLJ Lodging Trust | 1.73 Bn | 793.56 Mn | - | 327.47 Mn |
| 9 | Service Properties Trust | 1.02 Bn | 1.02 Bn | 156.32 Mn | 548.44 Mn |
| 10 | Summit Hotel Properties | 646.94 Mn | 610.01 Mn | 138.35 Mn | 170.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 242.91 Mn |
| 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 |