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SH

Sunstone Hotel Investors, Inc.

SHOReal EstateNASDAQ

REIT - Hotel & Motel

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Financials · Annual
Revenue
$960.1M
+6.0% YoY
Net Income
$24.6M
-43.2% YoY
EBITDA
$208.5M
-2.7% YoY
Free Cash Flow
$172.8M

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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 $2.02B market capitalization puts SHO squarely in mid-cap range for its industry. The majority of which are operated under nationally recognized brands.

Key stats
Market Cap$2.02B
P/E (TTM)98.36
Fwd P/E55.49
EPS$0.11
Beta0.97
52W Change+21.9%
Dividend Yield3.33%
ROE1.9%
Analysis

Sunstone Hotel Investors, Inc. carries $949.9M in total debt against $93.3M in cash reserves — debt is roughly 10.2x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $172.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 1.9%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.8% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $912.1M (2022) to $960.1M (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing SHO.

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