SHO · XBRL financial data
Sunstone Hotel Investors financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (SHO's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 268 | 509 | 912 | 986 | 906 | 960 |
| General and administrative | 28 | 40 | 35 | 31 | 29 | 32 |
| Total operating expenses | 662 | 597 | 816 | 868 | 827 | 884 |
| Interest expense | 53 | 31 | 32 | 52 | 50 | 53 |
| Other income (expense) | 3 | (0) | 5 | 11 | 13 | 11 |
| Income tax expense (benefit) | 7 | 0 | 0 | 5 | (1) | 0 |
| Earnings per share, basic USD per share | (1.93) | 0.06 | 0.34 | 0.93 | 0.14 | 0.04 |
| Earnings per share, diluted USD per share | (1.93) | 0.06 | 0.34 | 0.93 | 0.14 | 0.04 |
| Weighted average shares, basic millions of shares | 216 | 216 | 213 | 206 | 202 | 194 |
| Weighted average shares, diluted millions of shares | 216 | 216 | 213 | 206 | 203 | 194 |
Balance sheet
CSVFiscal years (SHO's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 368 | 120 | 101 | 426 | 107 | 109 |
| Accounts receivable | 9 | 29 | 42 | — | — | — |
| Prepaid and other current assets | 10 | 14 | 15 | — | — | — |
| Total current assets | 435 | 282 | 214 | — | — | — |
| Property and equipment, net | 7 | 6 | 4 | 3 | 2 | 2 |
| Right-of-use asset | 26 | 23 | 15 | 13 | 8 | 4 |
| Total assets | 2,986 | 3,041 | 3,083 | 3,149 | 3,107 | 3,029 |
| Current portion of long-term debt | 2 | 21 | 222 | — | — | — |
| Total current liabilities | 91 | 176 | 381 | — | — | — |
| Long-term debt | 743 | 589 | 591 | — | — | — |
| Lease liability, non-current | 30 | 25 | 14 | — | — | — |
| Total liabilities | 896 | 801 | 998 | 983 | 1,003 | 1,084 |
| Retained earnings | 914 | 948 | 1,035 | — | — | — |
| Total stockholders' equity | 2,049 | 2,199 | 2,085 | 2,167 | 2,104 | 1,945 |
| Total liabilities and equity | 2,986 | 3,041 | 3,083 | 3,149 | 3,107 | 3,029 |
| Common shares outstanding (cover page) millions of shares | 216 | 219 | 208 | 204 | 201 | 190 |
Cash flows
CSVFiscal years (SHO's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 10 | 13 | 11 | 11 | 10 | 9 |
| Net cash from operating activities | (117) | 28 | 209 | 198 | 170 | 182 |
| Net cash from investing activities | 114 | (240) | (166) | 258 | (386) | (49) |
| Proceeds from issuing common stock | — | 38 | — | — | — | — |
| Share repurchases | 104 | — | 108 | 56 | 27 | 103 |
| Dividends paid | 156 | 14 | 25 | 60 | 91 | 86 |
| Net cash from financing activities | (446) | (42) | (49) | (120) | (98) | (128) |
| Net change in cash | (449) | (253) | (6) | 336 | (313) | 5 |
Compare with peers
SIC 7011 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7011 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Sunstone Hotel Investors | 94 | 277 | 62* | 185.9M | 10-QJun 30, 2026 |
| Park Hotels & Resorts | 264 | 680 | 141* | 201.3M | 10-QJun 30, 2026 |
| Soho House | 142 | 371 | 35* | not reported | 10-QSep 28, 2025 |
| Xenia Hotels & Resorts | 161 | 264 | 71* | 92.2M | 10-QSep 30, 2026 |
| PENN Entertainment | 887 | not reported | 241* | 134.1M | 10-QJun 30, 2026 |
| Red Rock Resorts | 128 | 489 | 131* | not reported | 10-QSep 30, 2026 |
| Travel & Leisure | 306 | 1,101 | 130* | 60.3M | 10-QSep 30, 2026 |
| Choice Hotels International | 171 | 458 | 55* | 44.5M | 10-QSep 30, 2026 |
| Boyd Gaming | 297 | 990 | 203* | 70.7M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.