Sunstone Hotel Investors (SHO) Operating Leases (2019 - 2023)
Sunstone Hotel Investors' Operating Leases came in at $14.27 million for Q2 2023, down 27.9% from $19.8 million a year earlier and down 7.5% from the prior quarter.
Sunstone Hotel Investors (SHO) Operating Leases (2019 - 2023) Analysis & Trends
At the end of FY2022, Sunstone Hotel Investors' Operating Leases was $14.36 million, down 42.8% from FY2021.
- Operating Leases has declined in each of the last three years, with a three-year compound annual growth rate of -33.9% (FY2019 to FY2022).
- Going back by year, Operating Leases was $25.12 million in FY2021 (-16.1%), $29.95 million in FY2020 (-39.7%) and $49.69 million in FY2019.
- The Q2 2023 figure represents the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year-over-year, Operating Leases has declined for 14 consecutive quarters, with an average decline of 30.3% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 9.0% (Q1 2020) and 42.8% (Q4 2022) over the last five years.
- Business Quant data shows SHO's Operating Leases at $15.43 million (Q1 2023), $14.36 million (Q4 2022) and $18.35 million (Q3 2022) in the three quarters before Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - |
| 10 | Sunstone Hotel Investors | 2.10 Bn | 1.35 Bn | 171.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 14.27 Mn |
| Mar 31, 2023 | 15.43 Mn |
| Dec 31, 2022 | 14.36 Mn |
| Sep 30, 2022 | 18.35 Mn |
| Jun 30, 2022 | 19.80 Mn |
| Mar 31, 2022 | 21.23 Mn |
| Dec 31, 2021 | 25.12 Mn |
| Sep 30, 2021 | 26.43 Mn |
| Jun 30, 2021 | 27.82 Mn |
| Mar 31, 2021 | 28.65 Mn |
| Dec 31, 2020 | 29.95 Mn |
| Sep 30, 2020 | 45.94 Mn |
| Jun 30, 2020 | 47.21 Mn |
| Mar 31, 2020 | 48.46 Mn |
| Dec 31, 2019 | 49.69 Mn |
| Sep 30, 2019 | 50.91 Mn |
| Jun 30, 2019 | 52.10 Mn |
| Mar 31, 2019 | 53.28 Mn |
Sunstone Hotel Investors Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SHO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SHO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();