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

Sunstone Hotel Investors' (SHO) quarterly Operating Margin came in at 27.65% in Q1 2026, up 169.0% year-on-year from 10.28% in Q1 2025, and up 12.47% quarter-over-quarter from 24.59% in Q4 2025.

Sunstone Hotel Investors (SHO) Operating Margin (2010 - 2026) Analysis & Trends

Sunstone Hotel Investors' Operating Margin history runs 17 years deep, the most recent figure standing at 27.65% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 169.0% year-over-year to 27.65% in Q1 2026; TTM through Mar 2026 was 26.24%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 25.79%, down 3.0% from the prior year.
  • Operating Margin advanced to 27.65% in Q1 2026 per SHO's latest filing, from 24.59% in the prior quarter.
  • Across five years, Operating Margin topped out at 30.38% in Q2 2024 and bottomed at 4.11% in Q4 2023.
  • The 5-year median for Operating Margin is 22.98% (2025), against an average of 16.11%.
  • Across the five-year window, Operating Margin jumped 8984 bps in 2022 and slumped 1039 bps in 2023, its largest moves.
  • Year by year, Operating Margin stood at 6.28% in 2022, then slumped by 165 bps to 4.11% in 2023, then surged by 666 bps to 23.26% in 2024, then advanced by 6 bps to 24.59% in 2025, then increased by 12 bps to 27.65% in 2026.
  • Per Business Quant, the three latest SHO Operating Margin figures stand at 27.65% (Q1 2026), 24.59% (Q4 2025), and 22.98% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn 20.73%
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn 14.22%
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn 9.97%
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn -5.31%
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn 27.65%
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn 2.33%
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn 14.09%
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn - -
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn -129.79%
10 Summit Hotel Properties 730.53 Mn 1.08 Bn 148.71 Mn 7.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.65%
Dec 31, 2025 24.59%
Sep 30, 2025 22.98%
Jun 30, 2025 29.22%
Mar 31, 2025 25.96%
Dec 31, 2024 23.26%
Sep 30, 2024 24.92%
Jun 30, 2024 30.38%
Mar 31, 2024 24.08%
Dec 31, 2023 -4.11%
Sep 30, 2023 10.73%
Jun 30, 2023 6.01%
Mar 31, 2023 8.70%
Dec 31, 2022 6.28%
Sep 30, 2022 12.16%
Jun 30, 2022 5.23%
Mar 31, 2022 -4.10%
Dec 31, 2021 -1.67%
Sep 30, 2021 -10.40%
Jun 30, 2021 -18.59%