Sunstone Hotel Investors (SHO) Operating Expenses (2010 - 2026)

Sunstone Hotel Investors' (SHO) quarterly Operating Expenses came in at $231.3 million in Q1 2026, up 6.29% year-on-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.

  • On a quarterly basis, Operating Expenses rose 6.29% year-over-year to $231.3 million in Q1 2026; TTM through Mar 2026 was $898.1 million, a 6.3% increase from a year earlier, with the FY2025 full-year figure at $884.4 million, up 6.91% from the prior year.
  • Operating Expenses grew to $231.3 million in Q1 2026 per SHO's latest filing, from $220.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $231.3 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Operating Expenses jumped 82.61% in 2022 and retreated 8.57% in 2024, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest SHO Operating Expenses figures stand at $231.3 million (Q1 2026), $220.0 million (Q4 2025), and $217.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn 526.78 Mn
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn 289.73 Mn
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn 559.00 Mn
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn 229.54 Mn
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn 231.29 Mn
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn 337.61 Mn
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn 253.79 Mn
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn - 312.17 Mn
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn 365.33 Mn
10 Summit Hotel Properties 730.53 Mn 1.08 Bn 148.71 Mn 170.88 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