Sunstone Hotel Investors, Inc. (SHO) Stock Analysis
Real Estate · REIT - Hotel & Motel · NYSE
Sunstone Hotel Investors, Inc. (SHO) posted $960.13M in revenue for fiscal 2025 (up 6.0% year over year), at a 0.9% net margin, and has compounded revenue about 29.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. has grown revenue from $1.19B to $960.13M over the last 10 fiscal years, compounding about 29.1% a year. The most recent year was up 6%, so growth has cooled from its longer-run pace.
Net margin sits at 0.9%, down 2.2 points year over year. It carries about $918.09M of total debt.
At today's valuation the market is pricing in roughly 11.8% annual free-cash-flow growth. The one thing worth a second look in the filings is heavy debt load.
Synthesised from Sunstone Hotel Investors, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Sunstone Hotel Investors, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.19B | $1.16B | $1.12B | $267.91M | $509.15M | $912.05M | $986.48M | $905.81M | $960.13M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $140.68M | $153.00M | $259.06M | $142.79M | $-410.51M | $32.99M | $73.04M | $192.72M | $28.03M | $8.46M |
| Net margin | 11.8% | 12.8% | 22.4% | 12.8% | -153.2% | 6.5% | 8.0% | 19.5% | 3.1% | 0.9% |
Source: Sunstone Hotel Investors, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
Sunstone Hotel Investors, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $918.1M is 5.1× last year's operating cash flow — it would take years of cash flow to clear.
- Net margin shrinkingNet margin fell from 8.0% to 0.9% over ~3 years — profitability is compressing.
What growth is priced into SHO stock?
At today's market cap of $2.13B, Sunstone Hotel Investors, Inc. is priced for free-cash-flow growth of about 11.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $78.71M from the FY ending 2025-12-31). For comparison, revenue 29.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of Sunstone Hotel Investors, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Sunstone Hotel Investors, Inc. financial history by metric
Compare Sunstone Hotel Investors, Inc. with peers
About Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust that, as of date of this release, owns 14 hotels comprised of 7,000 rooms. The majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate. Sunstone Hotel Investors, Inc. was incorporated in 1995 and is based in Aliso Viejo, United States.
Sunstone Hotel Investors, Inc. — frequently asked questions
What is Sunstone Hotel Investors, Inc.'s revenue?
Sunstone Hotel Investors, Inc. (SHO) reported revenue of $960.13M for fiscal year 2025, up 6.0% from the prior year, according to its SEC filings.
Is Sunstone Hotel Investors, Inc. profitable?
Yes. SHO earned net income of $8.46M in fiscal 2025, a net margin of 0.9%.
What is SHO's P/E ratio?
Sunstone Hotel Investors, Inc. trades at a price-to-earnings ratio of about 104.0 based on the latest data in our nightly-refreshed cache.
How fast is Sunstone Hotel Investors, Inc. growing?
SHO's revenue grew at roughly 29.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Sunstone Hotel Investors, Inc. have?
As of fiscal year 2025, SHO carried roughly $918.09M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Sunstone Hotel Investors, Inc.'s market cap?
Sunstone Hotel Investors, Inc. (SHO) has a market capitalization of about $2.13B, based on the latest data in our nightly-refreshed cache.
When does Sunstone Hotel Investors, Inc.'s fiscal year end?
SHO's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into SHO stock?
At today's market cap of $2.13B, Sunstone Hotel Investors, Inc. is priced for free-cash-flow growth of about 11.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $78.71M from the FY ending 2025-12-31). For comparison, revenue 29.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Sunstone Hotel Investors, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.