Service Properties Trust (SVC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SVC SEC filings page.
Service Properties Trust (SVC) reported $1.7B in revenue over the twelve months to Jun 30, 2026, down 11.9% from the prior twelve months. 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).
Service Properties Trust’s dominant mechanic is debt-heavy asset ownership, where weaker earnings make cash generation increasingly dependent on balance-sheet actions.
Across FY2023 to FY2025, net losses persisted even as operating cash flow stayed positive but fell from$486M to$118M . The divergence indicates that noncash charges are cushioning accounting losses, but that cushion has weakened as operating cash conversion deteriorated.
Leverage intensified through equity erosion: debt-to-equity rose from 4.6x in FY2023 to 8.5x in FY2025, even though long-term debt declined. The ratio worsened because equity contracted faster than debt, leaving the capital structure more sensitive to asset values and earnings pressure.
In FY2025, investing activities supplied
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.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Service Properties Trust scores 25/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Service Properties Trust scores 3/100 on it among other REITs.
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.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Service Properties Trust scores 32/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Service Properties Trust scores 94/100 on it among other REITs.
Service Properties Trust passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 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 $421.0M in revenue in Q2 2026. This represents a decrease of 16.4% from the same quarter a year earlier. Against the prior quarter it is up 15.5%.
Service Properties Trust reported -$223.8M in net income in Q2 2026. This represents a decrease of 486.6% from the same quarter a year earlier. Against the prior quarter it is down 48.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
Service Properties Trust held $5.5M in cash as of Q2 2026; long-term debt is not reported for that period.
Service Properties Trust paid $0.05 per share in dividends in Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Service Properties Trust's gross margin was 37.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.7 percentage points.
Service Properties Trust's net profit margin was -53.2% in Q2 2026, showing the share of revenue converted to profit. This is down 45.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.7 percentage points.
Service Properties Trust's ROE was -27.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 22.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.
Not reported for Q2 2026.
Capital Allocation
Service Properties Trust spent $49K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 16.9% from the same quarter a year earlier. Against the prior quarter it is up 58.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
SVC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $421.0M-16.4% | $364.5M-16.3% | $397.5M-12.9% | $478.8M-2.5% | $503.4M-1.9% | $435.2M-0.2% | $456.6M+2.8% | $491.2M-1.1% |
| Cost of Revenue | $264.7M-19.5% | $242.6M-20.7% | $263.4M-15.6% | $328.4M-0.1% | $328.9M+0.2% | $305.8M+0.2% | $312.3M+5.0% | $328.5M+3.4% |
| Gross Profit | $156.3M-10.4% | $121.8M-5.8% | $134.0M-7.1% | $150.4M-7.5% | $174.5M-5.5% | $129.3M-1.4% | $144.3M-1.6% | $162.6M-9.2% |
| SG&A Expenses | $11.1M+8.6% | $8.8M-8.0% | $9.8M+14.6% | $11.1M+5.6% | $10.2M-4.3% | $9.6M-9.0% | $8.6M-23.5% | $10.5M-3.5% |
| Interest Expense | $87.7M-14.6% | $96.5M-4.9% | $101.6M+2.3% | $107.8M+8.7% | $102.7M+9.4% | $101.5M+11.1% | $99.4M+10.5% | $99.1M+20.5% |
| Income Tax | -$132K-128.9% | $1.2M+40.1% | -$12.3M-23496.2% | $253K+428.6% | $457K-12.8% | $843K-16.3% | -$52K+92.8% | -$77K+96.6% |
| Net Income | -$223.8M-486.6% | -$151.2M-29.8% | -$782K+99.0% | -$46.9M-0.1% | -$38.2M+48.3% | -$116.4M-48.5% | -$76.4M-76.3% | -$46.9M-1036.2% |
| EPS (Basic) | -$1.75-52.2% | -$0.91-30.0% | $0.00+100.0% | -$0.280.0% | -$1.15-155.6% | -$0.70-45.8% | -$0.46-76.9% | -$0.28-833.3% |
| EPS (Diluted) | -$1.75 | -$0.91 | $0.00+100.0% | -$0.280.0% | -$1.15 | -$0.70-45.8% | -$0.46-76.9% | -$0.28-833.3% |
| Diluted Shares (Avg) | 128M | 166M | N/A | 166M+0.4% | 33M | 166M+0.3% | N/A | 165M+0.2% |
Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.
SVC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.8B-15.8% | $6.1B-12.8% | $6.5B-8.8% | $7.0B-1.5% | $6.9B-2.7% | $7.0B-3.5% | $7.1B-3.2% | $7.1B-6.8% |
| Cash & Equivalents | $5.5M-91.3% | $19.3M-75.9% | $346.8M+141.7% | $417.4M+759.1% | $63.2M+331.9% | $80.1M+12.4% | $143.5M-20.3% | $48.6M-88.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.0B-19.3% | $5.6B-10.5% | $5.8B-6.7% | $6.3B+2.8% | $6.2B+2.0% | $6.2B+2.0% | $6.3B+2.2% | $6.2B-2.3% |
| Long-Term Debt | N/A | N/A | $5.5B-5.6% | N/A | N/A | N/A | $5.8B+3.5% | N/A |
| Total Equity | $806.5M+15.9% | $493.7M-32.8% | $646.1M-24.2% | $647.9M-30.3% | $695.9M-31.0% | $734.6M-34.1% | $851.9M-30.5% | $929.0M-28.6% |
| Retained Earnings | $1.6B-20.7% | $1.8B-11.4% | $2.0B-9.2% | $2.0B-12.2% | $2.0B-12.0% | $2.1B-13.1% | $2.2B-11.2% | $2.3B-9.6% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.3M+118157.1% | $35.6M-6.9% | -$18.5M-91.6% | $98.1M-7.6% | -$7K-100.0% | $38.2M+4225.3% | -$9.7M-111.5% | $106.2M+44.5% |
| Depreciation & Amortization | $77.1M+2.7% | $75.8M-14.9% | $76.4M-18.7% | $74.5M-16.3% | $75.0M-21.6% | $89.1M-4.3% | $94.0M-1.0% | $89.0M-5.8% |
| Investing Cash Flow | -$19.6M+62.4% | -$50.5M-19.6% | $405.5M+1048.8% | $217.5M+682.8% | -$52.1M+23.3% | -$42.2M+43.6% | -$42.7M+46.9% | -$37.3M+29.6% |
| Financing Cash Flow | $657K-98.5% | -$317.8M-436.0% | -$456.1M-410.4% | $39.6M+211.6% | $44.1M+230.7% | -$59.3M-70.7% | $146.9M+161.0% | -$35.4M+0.3% |
| Dividends Paid | $6.5M+288.2% | $1.7M+0.9% | $1.7M+0.9% | $1.7M-95.0% | $1.7M-95.0% | $1.7M-95.0% | $1.7M-95.0% | $33.2M+0.2% |
| Share Buybacks | $49K-16.9% | $31K+675.0% | $24K-22.6% | $573K-10.7% | $59K-9.2% | $4K-69.2% | $31K+520.0% | $642K+6.8% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
SVC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.1%+2.5pp | 33.4%+3.7pp | 33.7%+2.1pp | 31.4%-1.7pp | 34.7%-1.3pp | 29.7%-0.4pp | 31.6%-1.4pp | 33.1%-2.9pp |
| Net Margin | -53.2%-45.6pp | -41.5%-14.7pp | -0.2%+16.5pp | -9.8%-0.3pp | -7.6%+6.8pp | -26.8%-8.8pp | -16.7%-7.0pp | -9.6%-8.7pp |
| Return on Equity | -27.8%-22.3pp | -30.6%-14.8pp | -0.1%+8.8pp | -7.2%-2.2pp | -5.5%+1.8pp | -15.8%-8.8pp | -9.0%-5.4pp | -5.1%-4.7pp |
| Return on Assets | -3.8%-3.3pp | -2.5%-0.8pp | 0.0%+1.1pp | -0.7%0.0pp | -0.5%+0.5pp | -1.7%-0.6pp | -1.1%-0.5pp | -0.7%-0.6pp |
| Debt-to-Equity | 6.24-2.7x | 11.32+2.8x | 8.52+1.7x | 9.77+3.1x | 8.96+2.9x | 8.50+3.0x | 6.85+2.3x | 6.63+1.8x |
| Asset Turnover | 0.070.0x | 0.060.0x | 0.060.0x | 0.070.0x | 0.070.0x | 0.060.0x | 0.060.0x | 0.070.0x |
Not reported in any period shown, so not listed: Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Service Properties Trust SVC | FY2025 | $1.8B | -$202.3M | -11.2% | $840.5M | 26/100 |
| Summit Hotel Properties, Inc. INN | FY2025 | $729.5M | -$11.7M | -1.6% | $646.0M | 52/100 |
| CHATHAM LODGING TRUST CLDT | FY2025 | $295.1M | $15.1M | 5.1% | $638.9M | 63/100 |
| Ashford Hospitality Trust, Inc. AHT | FY2025 | $1.1B | -$179.8M | -16.3% | $14.6M | 16/100 |
| Pebblebrook Hotel Trust PEB | FY2025 | $1.5B | -$65.8M | -4.5% | $2.2B | 5/100 |
| RLJ Lodging Trust RLJ | FY2025 | $1.3B | $28.5M | 2.1% | $1.7B | 31/100 |
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 P/E ratio?
Service Properties Trust (SVC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $840.5M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Service Properties Trust's price-to-sales ratio?
Service Properties Trust (SVC) trades at 0.5x sales, its market capitalization divided by revenue of $1.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $840.5M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Service Properties Trust's Piotroski F-Score?
Service Properties Trust (SVC) has a Piotroski F-Score of 4 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 26 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.