Company / Interest Expense
Summit Hotel Properties, Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$43.4M
FY2023
5-year range
$43.3M / $43.4M
FY2019-FY2023
Trend
+0.2%
vs FY2022
Sector context
#53 of 61
Real Estate
What the data says
Summit Hotel Properties, Inc.'s interest expense of $43M is lower than 87% of companies in the Real Estate sector (FY2023). Interest Expense has fluctuated over the past 8 years, ranging from $28M in FY2018 to $43M in FY2023.
Based on SEC 10-K filings.
$43M in FY2023 with a 5-year CAGR of +9.1%.
Remained stable around $43M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +0.1%
- 5-Year CAGR
- +9.1%
- 10-Year CAGR
- -
Sector benchmark
Top 13% in Real EstateTop 13% of 61This company $43.4M Sector average $209.9M
▼
-79.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.1%, indicating consistent growth.
- In FY2023, interest expense increased 0.2% year-over-year.
- Ranks #53 out of 61 companies in the Real Estate sector.
- Lowest interest expense in the period was in FY2018.
Company context
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.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $43.4M | +0.2% |
| FY2022 | $43.3M | -0.2% |
| FY2021 | $43.4M | +0.2% |
| FY2020 | $43.3M | +45.9% |
| FY2019 | $29.7M | +5.7% |
| FY2018 | $28.1M | -5.4% |
| FY2017 | $29.7M | +5.7% |
| FY2016 | $28.1M | -7.6% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026