Summit Hotel Properties, Inc. Annual Operating Margin in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Summit Hotel Properties, Inc. quarterly/annual Operating Margin history and growth rate from 2011 to 2023.
  • Summit Hotel Properties, Inc. Operating Margin for the quarter ending June 30, 2024 was 13.1 %, a 44.9% increase year-over-year.
  • Summit Hotel Properties, Inc. annual Operating Margin for 2023 was 7.99 %, a 20.4% decline from 2022.
  • Summit Hotel Properties, Inc. annual Operating Margin for 2022 was 10 %.
  • Summit Hotel Properties, Inc. annual Operating Margin for 2021 was -9.19 %, a 80.3% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.99 -2.05 -20.4% Jan 1, 2023 Dec 31, 2023
2022 10 +19.2 Jan 1, 2022 Dec 31, 2022
2021 -9.19 +37.5 +80.3% Jan 1, 2021 Dec 31, 2021
2020 -46.7 -68.4 -315% Jan 1, 2020 Dec 31, 2020
2019 21.7 -0.33 -1.5% Jan 1, 2019 Dec 31, 2019
2018 22.1 -2.59 -10.5% Jan 1, 2018 Dec 31, 2018
2017 24.7 -3.26 -11.7% Jan 1, 2017 Dec 31, 2017
2016 27.9 +10.7 +61.7% Jan 1, 2016 Dec 31, 2016
2015 17.3 +5.19 +43% Jan 1, 2015 Dec 31, 2015
2014 12.1 +0.33 +2.81% Jan 1, 2014 Dec 31, 2014
2013 11.7 +7.21 +159% Jan 1, 2013 Dec 31, 2013
2012 4.53 +0.83 +22.4% Jan 1, 2012 Dec 31, 2012
2011 3.7 Feb 14, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.