Income Statement

Revenue

+5%

+258%

10Y

Currency: USD

	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025	Dec-2025
Revenue
Interest Expense	53	55	55	53	55	61	61	62	52	71	80	88	79	88	87	89	88	95	98	96	83	94	93	90	76	82	77	72	59	56	58	61	74	76	78	77	76	74	72	71	73	73	74	74	73	72	71	69	67	63	59	55	52	50	51	51	49	51	49	49	49	49	49	49	48	47	48	49	49	46	42	37	34	33	31	32	34	39	45	49	51	53	52	52	51	49	0	0	0
Revenue	442 N/A	466 +6%	475 +2%	485 +2%	422 -13%	486 +15%	464 -5%	494 +6%	542 +10%	661 +22%	781 +18%	837 +7%	771 -8%	893 +16%	893 0%	920 +3%	866 -6%	957 +11%	956 0%	916 -4%	765 -16%	830 +8%	786 -5%	753 -4%	609 -19%	590 -3%	572 -3%	554 -3%	516 -7%	533 +3%	574 +8%	619 +8%	722 +17%	745 +3%	759 +2%	767 +1%	829 +8%	799 -4%	821 +3%	866 +6%	924 +7%	972 +5%	1 039 +7%	1 096 +6%	1 142 +4%	1 183 +4%	1 221 +3%	1 238 +1%	1 249 +1%	1 239 -1%	1 222 -1%	1 201 -2%	1 189 -1%	1 196 +1%	1 192 0%	1 193 +0%	1 194 +0%	1 184 -1%	1 183 0%	1 168 -1%	1 159 -1%	1 145 -1%	1 131 -1%	1 123 -1%	1 115 -1%	1 049 -6%	756 -28%	504 -33%	268 -47%	127 -52%	234 +84%	373 +59%	509 +37%	631 +24%	765 +21%	842 +10%	912 +8%	983 +8%	1 008 +3%	1 011 +0%	986 -2%	960 -3%	932 -3%	910 -2%	906 0%	923 +2%	935 +1%	938 +0%	960 +2%
Gross Profit
Cost of Revenue	(170)	(178)	(179)	(182)	(157)	(176)	(166)	(180)	(209)	(254)	(300)	(321)	(291)	(340)	(338)	(346)	(377)	(365)	(361)	(382)	(289)	(368)	(373)	(341)	(239)	(226)	(205)	(186)	(203)	(209)	(219)	(233)	(268)	(276)	(279)	(280)	(303)	(291)	(298)	(311)	(335)	(355)	(379)	(399)	(416)	(428)	(441)	(446)	(450)	(448)	(444)	(438)	(433)	(431)	(429)	(429)	(431)	(431)	(431)	(427)	(421)	(415)	(409)	(406)	(406)	(397)	(305)	(227)	(148)	(77)	(106)	(148)	(193)	(242)	(290)	(318)	(343)	(368)	(379)	(381)	(376)	(368)	(359)	(353)	(353)	(361)	(369)	(374)	(383)
Gross Profit	272 N/A	289 +6%	296 +3%	304 +3%	265 -13%	311 +17%	298 -4%	314 +5%	332 +6%	407 +22%	481 +18%	516 +7%	480 -7%	553 +15%	555 +0%	574 +3%	489 -15%	593 +21%	587 -1%	534 -9%	476 -11%	462 -3%	413 -11%	411 0%	370 -10%	386 +4%	410 +6%	431 +5%	313 -27%	324 +4%	355 +10%	386 +9%	453 +17%	469 +3%	481 +2%	487 +1%	526 +8%	508 -3%	523 +3%	555 +6%	589 +6%	618 +5%	660 +7%	697 +6%	726 +4%	755 +4%	781 +3%	792 +1%	799 +1%	791 -1%	778 -2%	763 -2%	757 -1%	765 +1%	763 0%	764 +0%	763 0%	754 -1%	752 0%	741 -1%	738 0%	731 -1%	722 -1%	717 -1%	709 -1%	652 -8%	451 -31%	277 -39%	120 -57%	50 -58%	128 +156%	225 +76%	316 +41%	389 +23%	475 +22%	524 +10%	569 +9%	615 +8%	629 +2%	630 +0%	611 -3%	592 -3%	573 -3%	557 -3%	553 -1%	562 +2%	566 +1%	564 0%	577 +2%
Operating Income
Operating Expenses	(231)	(241)	(263)	(248)	(221)	(261)	(248)	(265)	(261)	(316)	(368)	(390)	(374)	(427)	(435)	(446)	(363)	(464)	(451)	(398)	(366)	(339)	(324)	(342)	(335)	(335)	(336)	(338)	(286)	(299)	(318)	(346)	(400)	(409)	(419)	(421)	(447)	(439)	(447)	(460)	(490)	(508)	(531)	(552)	(569)	(595)	(607)	(617)	(618)	(607)	(600)	(588)	(586)	(585)	(584)	(586)	(582)	(577)	(574)	(571)	(555)	(552)	(544)	(545)	(547)	(539)	(485)	(432)	(367)	(319)	(330)	(362)	(402)	(434)	(457)	(462)	(470)	(484)	(493)	(497)	(492)	(481)	(475)	(469)	(475)	(484)	(493)	(496)	(501)
Selling, General & Administrative	(180)	(187)	(189)	(192)	(171)	(204)	(193)	(205)	(203)	(245)	(286)	(302)	(291)	(330)	(336)	(344)	(273)	(350)	(338)	(296)	(272)	(251)	(236)	(248)	(243)	(241)	(243)	(246)	(206)	(215)	(227)	(246)	(286)	(290)	(298)	(299)	(316)	(311)	(318)	(331)	(352)	(367)	(384)	(400)	(413)	(436)	(445)	(454)	(454)	(443)	(436)	(425)	(423)	(421)	(422)	(424)	(423)	(422)	(422)	(414)	(409)	(403)	(399)	(398)	(399)	(391)	(339)	(290)	(230)	(188)	(201)	(233)	(273)	(305)	(329)	(336)	(344)	(357)	(365)	(367)	(365)	(357)	(352)	(348)	(350)	(357)	(362)	(363)	(366)
Depreciation & Amortization	(52)	(54)	(55)	(56)	(50)	(58)	(55)	(59)	(59)	(71)	(82)	(88)	(84)	(97)	(99)	(102)	(90)	(115)	(113)	(102)	(94)	(88)	(88)	(94)	(93)	(94)	(93)	(92)	(80)	(82)	(89)	(99)	(114)	(119)	(120)	(122)	(131)	(128)	(129)	(129)	(138)	(141)	(147)	(152)	(156)	(159)	(162)	(163)	(165)	(164)	(164)	(163)	(163)	(164)	(163)	(162)	(159)	(155)	(152)	(149)	(146)	(146)	(145)	(147)	(148)	(148)	(146)	(142)	(137)	(131)	(129)	(129)	(129)	(129)	(128)	(127)	(126)	(127)	(129)	(130)	(127)	(124)	(122)	(121)	(125)	(128)	(131)	(133)	(135)
Other Operating Expenses	0	0	(19)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(8)	0	(2)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	41 N/A	48 +18%	33 -31%	55 +68%	44 -20%	50 +11%	50 +1%	49 -1%	71 +44%	92 +28%	114 +24%	125 +10%	106 -16%	127 +20%	120 -5%	128 +6%	126 -1%	129 +2%	144 +12%	136 -6%	110 -19%	124 +12%	89 -28%	69 -22%	35 -50%	30 -15%	31 +4%	29 -5%	28 -6%	25 -10%	37 +49%	40 +8%	54 +33%	61 +13%	62 +3%	66 +7%	79 +19%	69 -13%	77 +12%	95 +24%	99 +5%	110 +11%	129 +18%	146 +13%	157 +8%	160 +2%	174 +8%	175 +1%	181 +3%	184 +2%	178 -3%	175 -2%	170 -2%	180 +5%	179 0%	178 -1%	181 +2%	177 -2%	178 +0%	171 -4%	183 +8%	179 -2%	177 -1%	172 -3%	162 -6%	113 -30%	(34) N/A	(155) -359%	(247) -60%	(269) -9%	(202) +25%	(137) +32%	(85) +38%	(45) +48%	19 N/A	62 +230%	99 +61%	131 +32%	136 +4%	133 -2%	119 -11%	111 -6%	98 -12%	88 -11%	79 -10%	78 -1%	73 -7%	68 -6%	76 +11%
Pre-Tax Income
Interest Income Expense	(53)	(55)	(55)	(53)	(55)	(62)	(61)	(63)	(52)	(71)	(80)	(88)	(79)	(88)	(87)	(89)	(92)	(95)	(98)	(98)	(85)	(97)	(96)	(93)	(104)	(100)	(94)	(88)	(58)	14	12	8	(5)	(76)	(78)	(77)	(77)	(74)	(72)	(71)	(72)	(73)	(74)	(73)	(72)	(71)	(70)	(69)	(67)	(69)	(68)	(63)	(50)	(42)	(39)	(45)	(52)	(49)	(48)	(42)	(48)	(53)	(58)	(60)	(54)	(57)	(55)	(54)	(53)	(43)	(39)	(34)	(31)	(28)	(26)	(28)	(32)	(41)	(44)	(47)	(45)	(49)	(52)	(56)	(38)	(52)	(52)	(50)	(47)
Non-Reccuring Items	(11)	(19)	0	(19)	(1)	0	0	0	0	0	0	0	0	0	0	0	(0)	0	0	0	(0)	24	23	21	24	(1)	(1)	1	0	(2)	0	(11)	(11)	(11)	(11)	(0)	(0)	0	0	0	0	0	0	(1)	(5)	(5)	(5)	(4)	(3)	(3)	(3)	(3)	(0)	(0)	0	(34)	(41)	(41)	(42)	0	(2)	0	(1)	(1)	(25)	(140)	(158)	(158)	(141)	(25)	(7)	(8)	(3)	(3)	(3)	(3)	(4)	6	6	7	10	0	0	0	0	0	0	(0)	(0)
Gain/Loss on Disposition of Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	12	226	226	244	233	18	63	46	46	46	17	16	69	117	101	101	48	43	0	0	43	34	0	0	34	153	175	175	175	23	0	0	0	124	124	0	124	0	0	(9)	0	(9)
Total Other Income	1	1	1	1	1	1	2	3	3	4	3	3	4	4	4	4	9	9	10	10	4	4	3	2	1	1	1	0	0	0	1	3	3	3	2	0	0	1	2	2	3	3	3	3	4	4	5	4	4	3	2	2	2	2	3	3	4	5	7	9	11	14	16	17	17	57	52	6	3	35	34	(0)	(0)	4	5	5	5	1	6	7	4	15	139	15	1	9	8	0	5
Pre-Tax Income	(23) N/A	(25) -9%	(21) +16%	(15) +28%	(11) +27%	(11) +1%	(9) +17%	(10) -12%	23 N/A	25 +8%	37 +48%	40 +9%	31 -23%	43 +38%	37 -13%	43 +16%	43 0%	42 -1%	56 +32%	48 -14%	29 -39%	55 +89%	19 -66%	(1) N/A	(44) -3 542%	(70) -60%	(63) +10%	(57) +9%	(31) +47%	37 N/A	50 +37%	41 -19%	41 +0%	(24) N/A	(25) -3%	(10) +59%	2 N/A	(4) N/A	7 N/A	26 +282%	30 +14%	40 +34%	58 +46%	75 +29%	83 +11%	88 +5%	103 +18%	118 +14%	341 +189%	341 +0%	353 +4%	343 -3%	140 -59%	203 +45%	188 -7%	147 -22%	138 -6%	109 -21%	111 +2%	206 +86%	261 +27%	241 -8%	236 -2%	176 -25%	143 -19%	(28) N/A	(194) -593%	(318) -64%	(404) -27%	(303) +25%	(214) +30%	(145) +32%	33 N/A	104 +213%	169 +63%	212 +25%	91 -57%	97 +7%	103 +6%	99 -4%	211 +113%	202 -4%	185 -9%	171 -7%	42 -75%	35 -16%	20 -44%	18 -7%	25 +34%
Net Income
Tax Provision	3	2	3	3	0	1	(0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(1)	(7)	(7)	(8)	(8)	(2)	(2)	(1)	(0)	(0)	(0)	(2)	(1)	(2)	(2)	1	1	1	1	12	11	15	13	(1)	(2)	(3)	(3)	(1)	0	(10)	(7)	(8)	(7)	0	0	0	(0)	(0)	(0)	0	(0)	(1)	(1)	(2)	(5)	(3)	(3)	(2)	1	0	0	(0)	(0)
Income from Continuing Operations	(21)	(23)	(18)	(12)	(11)	(10)	(10)	(10)	23	25	37	40	31	43	37	43	43	42	56	48	29	55	19	(1)	(44)	(70)	(63)	(57)	(31)	37	50	41	41	(24)	(25)	(10)	1	(11)	(1)	18	22	38	56	74	83	88	103	117	340	340	352	344	141	203	189	160	150	124	124	206	259	239	233	175	143	(38)	(201)	(326)	(411)	(303)	(214)	(145)	33	103	169	212	91	97	102	97	207	199	182	169	43	35	20	18	25
Income to Minority Interest	0	0	0	0	3	3	2	2	(2)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(0)	(0)	(0)	(1)	(1)	(2)	(2)	(2)	(2)	(3)	(4)	(6)	(6)	(6)	(7)	(7)	(8)	(8)	(8)	(8)	(7)	(7)	(7)	(7)	(7)	(8)	(8)	(8)	(8)	(9)	(9)	(8)	(7)	(8)	(7)	(5)	(1)	4	6	7	6	3	1	(2)	(5)	(4)	(3)	(2)	0	0	0	0	0	0	0	0	0	0	0
Equity Earnings Affiliates	0	0	0	0	0	0	0	0	0	0	0	0	0	(1)	(1)	(2)	0	(4)	(4)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income (Common)	(22) N/A	(41) -84%	(37) +10%	(36) +4%	(36) -1%	(9) +74%	(7) +24%	(8) -10%	19 N/A	32 +64%	42 +34%	35 -18%	34 -3%	19 -42%	71 +263%	86 +21%	101 +17%	93 -8%	93 N/A	86 -7%	50 -43%	61 +24%	(142) N/A	(170) -20%	(291) -71%	(318) -9%	(187) +41%	(146) +22%	18 N/A	90 +406%	126 +40%	83 -34%	53 -36%	(14) N/A	(41) -195%	14 N/A	18 +25%	56 +216%	67 +19%	48 -29%	47 -3%	21 -55%	45 +115%	63 +39%	71 +13%	76 +7%	85 +12%	115 +34%	337 +194%	337 +0%	345 +2%	320 -7%	118 -63%	179 +52%	168 -6%	145 -13%	132 -9%	106 -20%	106 0%	180 +70%	236 +32%	217 -8%	212 -2%	154 -27%	122 -21%	(56) N/A	(215) -282%	(336) -56%	(418) -24%	(309) +26%	(225) +27%	(162) +28%	14 N/A	80 +492%	147 +83%	193 +32%	73 -62%	80 +10%	87 +10%	83 -5%	192 +132%	184 -4%	167 -9%	154 -8%	28 -82%	20 -29%	4 -79%	2 -55%	8 +336%
EPS (Diluted)	-0.57 N/A	-1.06 -86%	-0.96 +9%	-0.92 +4%	-1.08 -17%	-0.26 +76%	-0.22 +15%	-0.18 +18%	0.47 N/A	0.56 +19%	0.72 +29%	0.6 -17%	0.58 -3%	0.33 -43%	1.15 +248%	1.44 +25%	1.7 +18%	1.58 -7%	1.57 -1%	1.4 -11%	0.92 -34%	1.17 +27%	-2.83 N/A	-2.3 +19%	-4.16 -81%	-3.27 +21%	-1.9 +42%	-1.49 +22%	0.17 N/A	0.76 +347%	1.06 +39%	0.71 -33%	0.45 -37%	-0.11 N/A	-0.28 -155%	0.1 N/A	0.14 +40%	0.37 +164%	0.39 +5%	0.29 -26%	0.28 -3%	0.11 -61%	0.22 +100%	0.29 +32%	0.36 +24%	0.35 -3%	0.4 +14%	0.55 +38%	1.62 +195%	1.55 -4%	1.6 +3%	1.48 -8%	0.55 -63%	0.83 +51%	0.78 -6%	0.64 -18%	0.58 -9%	0.47 -19%	0.46 -2%	0.79 +72%	1.05 +33%	0.96 -9%	0.94 -2%	0.68 -28%	0.54 -21%	-0.27 N/A	-1 -270%	-1.55 -55%	-1.93 -25%	-1.43 +26%	-1.04 +27%	-0.74 +29%	0.06 N/A	0.38 +533%	0.69 +82%	0.9 +30%	0.34 -62%	0.38 +12%	0.42 +11%	0.4 -5%	0.93 +133%	0.9 -3%	0.82 -9%	0.76 -7%	0.14 -82%	0.1 -29%	0.02 -80%	0.01 -50%	0.04 +300%

Income Statement Balance Sheet Cash Flow Statement

Sunstone Hotel Investors Inc
NYSE:SHO

Income Statement

Earnings Waterfall
Sunstone Hotel Investors Inc

Income Statement
Sunstone Hotel Investors Inc

See Also

Company

Help

Tools

Stocks

Sunstone Hotel Investors Inc NYSE:SHO

Income Statement

Earnings Waterfall Sunstone Hotel Investors Inc

Income Statement Sunstone Hotel Investors Inc

See Also

Company

Help

Tools

Stocks

Sunstone Hotel Investors Inc
NYSE:SHO

Earnings Waterfall
Sunstone Hotel Investors Inc

Income Statement
Sunstone Hotel Investors Inc