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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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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 September 30, 2024 was 13.1 %, a 47.1% 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 (%)