Summit Hotel Properties
INN
#5610
Rank
$0.66 B
Marketcap
$6.15
Share price
0.16%
Change (1 day)
-9.29%
Change (1 year)

Operating Margin for Summit Hotel Properties (INN)

Operating Margin as of April 2024 (TTM): 1.86%

According to Summit Hotel Properties's latest financial reports and stock price the company's current Operating Margin is 1.86%. At the end of 2021 the company had an Operating Margin of -18.54%.

Operating Margin history for Summit Hotel Properties from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-18.54%-70.6%
2020-63.07%-513.2%
201915.26%-4.01%
201815.90%-19.02%
201719.64%-12.88%
201622.54%-16.98%
201527.15%417.23%
20145.25%36.21%
20133.85%-250.12%
2012-2.57%-46.99%
2011-4.84%-68.3%
2010-15.28%13.48%
2009-13.46%-227.27%
200810.58%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
47.92% 2,476.34%๐Ÿ‡บ๐Ÿ‡ธ USA
9.48% 409.68%๐Ÿ‡บ๐Ÿ‡ธ USA
19.10% 926.88%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.