Sunstone Hotel Investors SHO
NYSE SHO
$11.23 +0.02 (+0.13%)
As of: Sep 30, 2026 · 3:59 PM EDT

Sunstone Hotel Investors (SHO) Operating Leases (2019 - 2023)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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