Summit Hotel Properties Inc (INN)
6.02
-0.05
(-0.82%)
USD |
NYSE |
May 17, 16:00
6.02
0.00 (0.00%)
After-Hours: 20:00
Summit Hotel Properties Gross Profit Margin (Quarterly): 39.02% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 39.02% |
| December 31, 2023 | 37.62% |
| September 30, 2023 | 36.54% |
| June 30, 2023 | 38.88% |
| March 31, 2023 | 37.10% |
| December 31, 2022 | 38.50% |
| September 30, 2022 | 36.70% |
| June 30, 2022 | 40.50% |
| March 31, 2022 | 35.19% |
| December 31, 2021 | 36.32% |
| September 30, 2021 | 37.61% |
| June 30, 2021 | 31.90% |
| March 31, 2021 | 16.02% |
| December 31, 2020 | 7.55% |
| September 30, 2020 | 13.35% |
| June 30, 2020 | -36.82% |
| March 31, 2020 | 30.26% |
| December 31, 2019 | 36.96% |
| September 30, 2019 | 38.66% |
| June 30, 2019 | 41.78% |
| March 31, 2019 | 39.80% |
| December 31, 2018 | 38.16% |
| September 30, 2018 | 39.44% |
| June 30, 2018 | 41.64% |
| March 31, 2018 | 39.76% |
| Date | Value |
|---|---|
| December 31, 2017 | 38.83% |
| September 30, 2017 | 40.04% |
| June 30, 2017 | 42.32% |
| March 31, 2017 | 68.39% |
| December 31, 2016 | -31.72% |
| September 30, 2016 | 62.63% |
| June 30, 2016 | 65.54% |
| March 31, 2016 | 63.15% |
| December 31, 2015 | 60.72% |
| September 30, 2015 | 62.83% |
| June 30, 2015 | 63.88% |
| March 31, 2015 | 62.34% |
| December 31, 2014 | 59.77% |
| September 30, 2014 | 61.80% |
| June 30, 2014 | 62.85% |
| March 31, 2014 | 60.12% |
| December 31, 2013 | 58.07% |
| September 30, 2013 | 59.84% |
| June 30, 2013 | 61.79% |
| March 31, 2013 | 59.33% |
| December 31, 2012 | 55.94% |
| September 30, 2012 | 60.55% |
| June 30, 2012 | 60.22% |
| March 31, 2012 | 58.66% |
| December 31, 2011 | 26.50% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-36.82%
Minimum
Jun 2020
41.78%
Maximum
Jun 2019
29.68%
Average
36.83%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Service Properties Trust | 28.98% |
| Host Hotels & Resorts Inc | 59.14% |
| Franklin Street Properties Corp | 45.70% |
| Sotherly Hotels Inc | 26.55% |
| J. W. Mays Inc | 29.32% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.45% |
| Return on Assets | -0.21% |
| Return on Invested Capital | -0.22% |
| Profit Margin (Quarterly) | 1.33% |
| Operating Margin (Quarterly) | 12.44% |
| Return on Net Operating Assets | -6.40% |