INNSummit Hotel Properties, Inc.
Real Estate Investment Trusts
- Revenue
- $729M
- 0.3% YoY
- Operating margin
- 9.0%
- 36% YoY
- EBITDA
- $215M
- 14% YoY
- Market cap
- $768M
- Employees
- —
- Net debt / EBITDA
- 6.2×
- $1.3B net debt
- AI in 10-K
- 1.1
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo36% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo99% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo1.1 per 10K words · 35th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo6.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$768M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$172K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $362M | $676M | $736M | $732M | $729M | 0.3% |
| Operating income | −$33M | $68M | $59M | $103M | $66M | 37% |
| Net income | −$66M | — | — | — | — | |
| Operating cash flow | $66M | $170M | $154M | $166M | $149M | 10% |
| Stock-based comp | $11M | $8M | $8M | $8M | $9M | 8.1% |
| Buybacks | — | — | $0 | $0 | $15M | |
| Dividends | $0 | $10M | $27M | $37M | $39M | 5.7% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Jul 25, 2022 | NewcrestImage Holdings, LLC | SC 13D | 13.9% | Active |
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $172K · 2
- Net
- −$172K
Pay vs performance
No pay-versus-performance disclosure yet.