Service Properties Trust Financials
Service Properties Trust (SVC) reported $1.8B in revenue for fiscal year 2025, down 4.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross economics are being outweighed by a debt-and-depreciation load that keeps losses persistent even when cash stays positive.
From FY2023 to FY2025, gross margin slipped only from34.7% to32.4% , so the basic revenue mix did not deteriorate dramatically. Over that same span, operating cash flow fell from$486M to$118M while interest expense kept rising, which points to financing drag and weaker cash extraction from the asset base rather than a collapse in gross profitability.
Net loss understates the cash earning ability of the assets because FY2025 depreciation was
The stronger FY2025 cash balance came from investing inflows of
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Service Properties Trust's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Service Properties Trust, and counted as zero in the overall score.
Not available for Service Properties Trust, and counted as zero in the overall score.
Service Properties Trust passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Service Properties Trust reported a net loss of $202.3M while generating $117.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Service Properties Trust generated $1.8B in revenue in fiscal year 2025. This represents a decrease of 4.3% from the prior year.
Service Properties Trust reported -$202.3M in net income in fiscal year 2025. This represents an increase of 26.6% from the prior year.
Service Properties Trust earned -$1.22 per diluted share (EPS) in fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Service Properties Trust held $346.8M in cash against $5.5B in long-term debt as of fiscal year 2025.
Service Properties Trust paid $0.04 per share in dividends in fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Service Properties Trust's gross margin was 32.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the prior year.
Service Properties Trust's net profit margin was -11.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.4 percentage points from the prior year.
Service Properties Trust's ROE was -31.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.0 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Service Properties Trust spent $660K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 12.1% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
SVC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B-4.3% | $1.9B+1.2% | $1.9B+0.6% | $1.9B+24.6% | $1.5B+18.2% | $1.3B-45.4% | $2.3B+0.9% | $2.3B+5.6% | $2.2B+6.1% | $2.0B+6.5% | $1.9B+10.7% | $1.7B+11.0% | $1.6B+20.6% | $1.3B+7.2% | $1.2B |
| Cost of Revenue | $1.1B | $1.2B-3.7% | $1.3B+4.1% | $1.2B-0.3% | $1.2B+21.4% | $1.0B+48.0% | $682.8M-51.6% | $1.4B+1.7% | $1.4B+8.8% | $1.3B+6.0% | $1.2B | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $562.6M | $588.3M-5.5% | $622.8M-4.2% | $650.0M+2.3% | $635.7M+31.1% | $484.8M-16.8% | $582.5M-35.7% | $905.2M-0.2% | $907.5M+1.1% | $897.3M+6.2% | $844.7M | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $40.8M | $40.7M+1.1% | $40.2M-11.4% | $45.4M+2.2% | $44.4M-16.9% | $53.4M+5.5% | $50.7M-7.3% | $54.6M-47.9% | $104.9M-16.4% | $125.4M+26.5% | $99.1M-9.8% | $109.8M+139.3% | $45.9M-8.4% | $50.1M+13.8% | $44.0M+7.5% | $41.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $380.3M-1.7% | $386.9M+15.2% | $335.9M-1.0% | $339.2M+24.0% | $273.6M-1.8% | $278.5M-14.5% | $325.8M |
| Interest Expense | $393.6M | $413.6M+7.8% | $383.8M+14.1% | $336.3M-1.6% | $341.8M-6.5% | $365.7M+19.3% | $306.5M+36.1% | $225.1M+15.3% | $195.2M+7.5% | $181.6M+12.1% | $161.9M+11.7% | $144.9M+3.9% | $139.5M-4.4% | $146.0M+7.2% | $136.1M+1.5% | $134.1M |
| Income Tax | -$11.0M | -$10.7M-864.4% | $1.4M+193.6% | -$1.5M-652.8% | -$199K+78.9% | -$941K-105.5% | $17.2M+516.2% | $2.8M+133.7% | $1.2M+136.4% | -$3.3M-181.7% | $4.0M+156.7% | $1.6M-19.5% | $1.9M+138.2% | -$5.1M-416.0% | $1.6M+7.3% | $1.5M |
| Net Income | -$422.7M | -$202.3M+26.6% | -$275.5M-740.6% | -$32.8M+75.2% | -$132.4M+75.7% | -$544.6M-74.9% | -$311.4M-219.9% | $259.8M+39.9% | $185.7M-13.7% | $215.1M-3.6% | $223.1M+34.1% | $166.4M-15.6% | $197.2M+48.1% | $133.2M-12.3% | $151.9M-20.2% | $190.4M |
| EPS (Diluted) | — | -$1.22 | -$1.67-735.0% | -$0.20+75.0% | -$0.80+75.8% | -$3.31-75.1% | -$1.89-219.6% | $1.58 | N/A | N/A | N/A | N/A | N/A | N/A | $0.84-35.4% | $1.30 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SVC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.5B-8.8% | $7.1B-3.2% | $7.4B-1.8% | $7.5B-18.2% | $9.2B+5.4% | $8.7B-3.8% | $9.0B+25.9% | $7.2B+0.4% | $7.2B+7.8% | $6.6B+3.7% | $6.4B+7.2% | $6.0B0.0% | $6.0B+5.9% | $5.6B+9.8% | $5.1B |
| Cash & Equivalents | $346.8M+141.7% | $143.5M-20.3% | $180.1M+369.4% | $38.4M-95.9% | $944.0M+1187.4% | $73.3M+165.4% | $27.6M+6.4% | $26.0M+7.6% | $24.1M+121.5% | $10.9M-20.4% | $13.7M+15.6% | $11.8M-47.4% | $22.5M+12.2% | $20.0M+141.5% | $8.3M |
| Total Liabilities | $5.8B-6.7% | $6.3B+2.2% | $6.1B+0.5% | $6.1B-19.7% | $7.6B+15.4% | $6.6B+0.9% | $6.5B+42.5% | $4.6B+4.2% | $4.4B+25.4% | $3.5B-2.2% | $3.6B+19.7% | $3.0B+3.9% | $2.9B-0.7% | $2.9B+24.3% | $2.3B |
| Long-Term Debt | $5.5B-5.6% | $5.8B+3.5% | $5.6B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $3.3B+15.8% | $2.8B+5.0% | $2.7B-0.7% | $2.7B+28.7% | $2.1B |
| Total Equity | $646.1M-24.2% | $851.9M-30.5% | $1.2B-11.7% | $1.4B-10.7% | $1.6B-26.0% | $2.1B-16.1% | $2.5B-3.5% | $2.6B-5.7% | $2.8B-12.0% | $3.1B+11.3% | $2.8B-6.0% | $3.0B-3.1% | $3.1B+12.9% | $2.7B-2.3% | $2.8B |
| Retained Earnings | $2.0B-9.2% | $2.2B-11.2% | $2.5B-1.3% | $2.5B-5.0% | $2.6B-17.1% | $3.2B-8.9% | $3.5B+8.0% | $3.2B-2.4% | $3.3B+6.6% | $3.1B+7.7% | $2.9B+6.1% | $2.7B+7.8% | $2.5B+5.6% | $2.4B+6.8% | $2.2B |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.
SVC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $123.5M | $117.8M-15.5% | $139.4M-71.3% | $485.5M+99.7% | $243.1M+387.2% | $49.9M+32.7% | $37.6M-93.9% | $617.7M+3.5% | $597.0M-5.0% | $628.5M+3.5% | $607.4M+14.4% | $530.9M+15.0% | $461.7M+18.1% | $391.1M+7.5% | $363.9M+2.5% | $355.1M |
| Investing Cash Flow | $552.9M | $528.7M+337.2% | -$222.9M-653.5% | -$29.6M-107.4% | $397.3M+492.1% | -$101.3M-95.6% | -$51.8M+97.6% | -$2.1B-398.0% | -$427.7M+46.2% | -$795.1M-52.9% | -$520.0M+20.5% | -$653.8M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$733.8M | -$431.8M-1103.7% | $43.0M+114.2% | -$303.6M+80.3% | -$1.5B-270.0% | $907.4M+3618.7% | $24.4M-98.4% | $1.5B+895.8% | -$190.7M-198.9% | $192.8M+338.1% | -$81.0M-164.9% | $124.8M | N/A | N/A | N/A | N/A |
| Dividends Paid | $11.5M | $6.7M-93.4% | $101.2M-23.6% | $132.4M+248.1% | $38.0M+476.8% | $6.6M-93.0% | $93.8M-73.5% | $353.6M+2.0% | $346.8M+2.0% | $340.1M+8.3% | $314.1M+4.7% | $300.0M+2.7% | $292.0M+13.8% | $256.6M+14.1% | $224.9M+1.2% | $222.2M |
| Share Buybacks | $677K | $660K-12.1% | $751K-6.4% | $802K+70.6% | $470K-40.5% | $790K+128.3% | $346K-56.8% | $800K+32.0% | $606K+13.7% | $533K-13.1% | $613K+46.7% | $418K | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SVC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.4%-0.4pp | 32.8%-1.9pp | 34.7%+0.6pp | 34.1%+1.7pp | 32.4%-13.6pp | 46.0%+7.0pp | 39.1%-0.5pp | 39.6%-1.8pp | 41.3%+0.1pp | 41.3% | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 17.5%-1.4pp | 18.9%+1.4pp | 17.5%-2.0pp | 19.5%+2.0pp | 17.5%-4.0pp | 21.5%-5.4pp | 26.9% |
| Net Margin | -11.2%+3.4pp | -14.5%-12.8pp | -1.8%+5.4pp | -7.1%+29.3pp | -36.4%-11.8pp | -24.6%-35.8pp | 11.2%+3.1pp | 8.1%-1.8pp | 9.9%-1.0pp | 10.9%+2.2pp | 8.7%-2.7pp | 11.4%+2.8pp | 8.5%-3.2pp | 11.7%-4.0pp | 15.7% |
| Return on Equity | -31.3%+1.0pp | -32.3%-29.7pp | -2.7%+6.9pp | -9.5%+25.5pp | -35.0%-20.2pp | -14.8%-25.2pp | 10.4%+3.2pp | 7.1%-0.7pp | 7.8%+0.7pp | 7.1%+1.2pp | 5.9%-0.7pp | 6.6%+2.3pp | 4.3%-1.2pp | 5.6%-1.2pp | 6.8% |
| Return on Assets | -3.1%+0.8pp | -3.9%-3.4pp | -0.4%+1.3pp | -1.8%+4.2pp | -5.9%-2.4pp | -3.6%-6.5pp | 2.9%+0.3pp | 2.6%-0.4pp | 3.0%-0.3pp | 3.4%+0.8pp | 2.6%-0.7pp | 3.3%+1.1pp | 2.2%-0.5pp | 2.7%-1.0pp | 3.7% |
| Debt-to-Equity | 8.52+1.7x | 6.85+2.3x | 4.59+0.2x | 4.39-0.5x | 4.89+1.8x | 3.13+0.5x | 2.61+0.8x | 1.76+0.2x | 1.59+0.5x | 1.120.0x | 1.17+0.2x | 0.95+0.1x | 0.88-0.1x | 1.00+0.2x | 0.76 |
Not reported in any period shown, so not listed: Current Ratio, FCF Margin.
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Where Service Properties Trust Ranks
Frequently Asked Questions
What is Service Properties Trust's annual revenue?
Service Properties Trust (SVC) reported $1.8B in total revenue for fiscal year 2025. This represents a -4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Service Properties Trust's revenue growing?
Service Properties Trust (SVC) revenue declined by 4.3% year-over-year, from $1.9B to $1.8B in fiscal year 2025.
Is Service Properties Trust profitable?
No, Service Properties Trust (SVC) reported a net income of -$202.3M in fiscal year 2025, with a net profit margin of -11.2%.
How much debt does Service Properties Trust have?
As of fiscal year 2025, Service Properties Trust (SVC) had $346.8M in cash and equivalents against $5.5B in long-term debt.
What is Service Properties Trust's gross margin?
Service Properties Trust (SVC) had a gross margin of 32.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Service Properties Trust's net profit margin?
Service Properties Trust (SVC) had a net profit margin of -11.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Service Properties Trust pay dividends?
Yes, Service Properties Trust (SVC) paid $0.04 per share in dividends during fiscal year 2025.
What is Service Properties Trust's return on equity (ROE)?
Service Properties Trust (SVC) has a return on equity of -31.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Service Properties Trust's operating cash flow?
Service Properties Trust (SVC) generated $117.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Service Properties Trust's total assets?
Service Properties Trust (SVC) had $6.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Service Properties Trust's debt-to-equity ratio?
Service Properties Trust (SVC) had a debt-to-equity ratio of 8.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Service Properties Trust's return on assets (ROA)?
Service Properties Trust (SVC) had a return on assets of -3.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Service Properties Trust's Piotroski F-Score?
Service Properties Trust (SVC) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Service Properties Trust's earnings high quality?
Service Properties Trust (SVC) reported a net loss of $202.3M while generating $117.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Service Properties Trust?
Service Properties Trust (SVC) scores 23 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.