Summit Hotel Properties, Inc. Interest Expense History
INN / Real Estate|8 years of SEC 10-K data (FY2016-FY2023)
$87M in FY2023 with a 5-year CAGR of +15.7%.
Increased from $43M to $87M over the past 2 years.
At $87M, Summit Hotel Properties, Inc.'s interest expense ranks #21 of 61 in the Real Estate sector. Interest Expense has increased for 4 consecutive years, from $41M in FY2019 to $87M in FY2023.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.40 (distress zone, below 1.8 threshold)
- Negative profit margin: -9.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +26.1%
- 5-Year CAGR
- +15.7%
- 10-Year CAGR
- -
Interest Expense Trend
#21 of 61 in Real EstateTop 33% of 61This company $86.8M Sector average $209.9M
▼
-58.7% below sector average
Key Insights
- Summit Hotel Properties, Inc.'s interest expense has grown for 4 consecutive years.
- 5-year CAGR of +15.7%, indicating consistent growth.
- In FY2023, interest expense increased 32.4% year-over-year.
- Ranks #41 out of 61 companies in the Real Estate sector.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $86.8M | +32.4% |
| FY2022 | $65.6M | +51.2% |
| FY2021 | $43.4M | +0.2% |
| FY2020 | $43.3M | +5.5% |
| FY2019 | $41.0M | -2.2% |
| FY2018 | $41.9M | +41.3% |
| FY2017 | $29.7M | +5.7% |
| FY2016 | $28.1M | -7.6% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026