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Service Properties Trust (SVC) 10-Year Financial Performance & Capital Metrics

SVC • • REIT / Real Estate
Real EstateHotel REITsDiversified Hotel PortfoliosMulti-Segment Hotel Operators
AboutService Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada with 149 distinct brands across 23 industries. SVC's properties are primarily operated under long-term management or lease agreements. SVC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), or RMR Inc., an alternative asset management company that is headquartered in Newton, Massachusetts.Show more
  • Revenue $1.9B +1.2%
  • FFO $96M -72.6%
  • FFO/Share 0.58 -72.7%
  • FFO Payout 105.08% +178.7%
  • FFO per Share 0.58 -72.7%
  • NOI Margin 31.79% -5.8%
  • FFO Margin 5.07% -72.9%
  • ROE -26.52% -957.7%
  • ROA -3.81% -762.0%
  • Debt/Assets 80.21% +6.9%
  • Net Debt/EBITDA 9.89 +8.7%
  • Book Value/Share 5.15 -30.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗High debt to equity ratio of 6.7x
  • ✗Weak Piotroski F-Score: 3/9
  • ✗FFO declining 58.1% TTM
  • ✗Dividend exceeds FFO - may not be sustainable
  • ✗Low NOI margin of 31.8%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y0.89%
5Y-3.91%
3Y8.25%
TTM-0.56%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-14.63%

EPS CAGR

10Y-
5Y-
3Y-
TTM-14.38%

ROCE

10Y Avg4.76%
5Y Avg1.82%
3Y Avg2.72%
Latest2.86%

Peer Comparison

Multi-Segment Hotel Operators
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SVCService Properties Trust361.39M2.15-1.291.23%-14.83%-42.9%38.57%6.70
IHTInnSuites Hospitality Trust11.78M1.28-81.46%-19.46%-84.3%19.98

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+1.92B2.05B2.17B2.29B2.32B1.27B1.5B1.86B1.87B1.9B
Revenue Growth %0.11%0.07%0.06%0.06%0.01%-0.45%0.18%0.25%0.01%0.01%
Property Operating Expenses1.14B1.2B1.28B1.39B1.41B682.8M1.03B1.24B1.24B1.29B
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+439.61M456.45M512.06M507.94M54.64M582.45M539.4M445.51M429.46M412.02M
G&A Expenses109.84M99.11M125.4M104.86M54.64M50.67M53.44M44.4M45.4M40.24M
EBITDA+665.71M2.05B2.17B2.31B1.28B506.27M415.75M578.07M586.9M562.72M
EBITDA Margin %----------
Depreciation & Amortization+329.78M1.66B1.79B1.92B428.45M498.91M485.96M401.11M384.06M371.79M
D&A / Revenue %----------
Operating Income+335.94M386.86M380.33M394.24M848.79M0-70.22M176.97M202.84M190.93M
Operating Margin %----------
Interest Expense+139.05M153.76M181.58M195.21M225.13M306.49M365.72M341.8M336.34M352.67M
Interest Coverage2.42x2.52x2.09x2.02x3.77x--0.19x0.52x0.60x0.54x
Non-Operating Income39.94M6.1M-12.5M12.62M436.81M-7.36M129.7M-10.02M-77.9M100.09M
Pretax Income+156.95M226.99M201.9M186.41M262.54M-284.26M-545.54M-132.58M-34.28M-274.12M
Pretax Margin %----------
Income Tax+1.57M4.02M-3.28M1.2M2.79M17.21M-941K-199K-1.5M1.4M
Effective Tax Rate %----------
Net Income+166.42M223.11M215.14M185.73M259.75M-311.38M-544.6M-132.38M-32.78M-275.53M
Net Margin %----------
Net Income Growth %-0.16%0.34%-0.04%-0.14%0.4%-2.2%-0.75%0.76%0.75%-7.41%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %-0.03%2.8%0.07%0.05%-0.67%-0.73%-1.31%5.58%0.31%-0.73%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+0.971.301.241.131.58-1.83-3.30-0.82-0.20-1.67
EPS Growth %-0.18%0.34%-0.05%-0.09%0.4%-2.16%-0.8%0.75%0.76%-7.35%
EPS (Basic)0.971.301.241.131.58-1.83-3.30-0.82-0.20-1.67
Diluted Shares Outstanding151M156.09M164.18M164.26M164.34M164.42M164.57M164.74M164.99M165.34M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+6.41B6.63B7.15B7.18B9.03B8.69B9.15B7.49B7.36B7.12B
Asset Growth %0.07%0.04%0.08%0%0.26%-0.04%0.05%-0.18%-0.02%-0.03%
Real Estate & Other Assets+128.74M6.5B6.97B7.01B8.42B8.2B7.24B6.87B6.74B6.69B
PP&E (Net)6.04B6.21B6.64B77.01M0000157.13M0
Investment Securities1000K1000K1000K1000K001000K1000K1000K1000K
Total Current Assets+115.88M136.68M176.01M167.22M237.41M160.53M1.51B202.36M271.54M204.4M
Cash & Equivalents13.68M10.9M24.14M25.97M27.63M73.33M944.04M38.37M180.12M143.48M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets51.21M60.46M73.36M194.04M141.12M31.67M518.89M128.96M28.21M57.01M
Intangible Assets110.85M108.55M108.29M105.75M378.22M325.85M283.24M252.36M130.62M107.96M
Total Liabilities3.6B3.5B4.39B4.58B6.53B6.58B7.6B6.1B6.13B6.27B
Total Debt+3.29B3.16B4B4.17B6.06B6.21B7.14B5.66B5.52B5.71B
Net Debt3.27B3.15B3.98B4.15B6.03B6.14B6.2B5.62B5.34B5.57B
Long-Term Debt3.27B3.16B4B4.17B5.69B6.13B6.14B5.66B5.52B5.56B
Short-Term Borrowings00001000K1000K1000K001000K
Capital Lease Obligations02.2M1.74M78.31M0000157.88M150.85M
Total Current Liabilities+719.46M442.69M665.84M451.25M733.14M454.36M1.45B443.87M395.26M706.98M
Accounts Payable179.78M188.05M184.79M211.33M335.7M345.37M433.45M425.96M380.51M532.86M
Deferred Revenue0000000000
Other Liabilities-140.68M158.47M219.09M204.2M109.4M000214.5M0
Total Equity+2.81B6.22B6.66B6.77B2.51B2.1B1.56B1.39B1.23B851.87M
Equity Growth %-0.06%1.21%0.07%0.02%-0.63%-0.16%-0.26%-0.11%-0.12%-0.31%
Shareholders Equity2.81B3.13B2.76B2.6B2.51B2.1B1.56B1.39B1.23B851.87M
Minority Interest03.09B3.91B4.17B000000
Common Stock1.51M1.64M1.64M1.64M1.65M1.65M1.65M1.66M1.66M1.67M
Additional Paid-in Capital4.17B4.54B4.54B4.55B4.55B4.55B4.55B4.55B4.56B4.56B
Retained Earnings-1.62B-1.73B-1.87B-1.95B-2.04B-2.45B-3B-3.17B-3.34B-3.71B
Preferred Stock280.11M280.11M00000000
Return on Assets (ROA)0.03%0.03%0.03%0.03%0.03%-0.04%-0.06%-0.02%-0%-0.04%
Return on Equity (ROE)0.06%0.05%0.03%0.03%0.06%-0.14%-0.3%-0.09%-0.03%-0.27%
Debt / Assets0.51%0.48%0.56%0.58%0.67%0.71%0.78%0.76%0.75%0.8%
Debt / Equity1.17x0.51x0.60x0.62x2.42x2.95x4.59x4.07x4.50x6.70x
Net Debt / EBITDA4.92x1.54x1.83x1.79x4.72x12.12x14.91x9.72x9.10x9.89x
Book Value per Share18.6239.8840.5741.2315.2512.799.458.437.435.15

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+530.89M532.52M554.22M596.95M617.72M37.6M49.9M243.13M485.55M139.39M
Operating CF Growth %0.15%0%0.04%0.08%0.03%-0.94%0.33%3.87%1%-0.71%
Operating CF / Revenue %----------
Net Income166.42M223.11M215.14M185.73M259.75M-311.38M-544.6M-132.38M-32.78M-275.53M
Depreciation & Amortization329.78M357.34M386.66M403.08M428.45M498.91M485.96M401.11M384.06M371.79M
Stock-Based Compensation2.48M2.83M2.76M3.19M000000
Other Non-Cash Items-51.55M-46.87M-44.33M1.7M-71.62M-105.61M66.54M-6.08M-65.79M89.17M
Working Capital Changes60.58M-1.17M6.79M-8.89M1.27M-58.17M43.69M-18.43M201.35M-42.87M
Cash from Investing+-653.84M-454.36M-733.74M-427.74M-2.13B-51.81M-101.31M397.25M-29.58M-222.86M
Acquisitions (Net)-15.96M0000-5.31M-25.44M-45.47M00
Purchase of Investments-653.84M-454.36M-818.55M-445.74M0-7.01M0000
Sale of Investments001000K1000K1000K00000
Other Investing-637.88M-454.36M-733.74M-427.74M-2.22B-39.48M-75.87M442.72M-29.58M-222.86M
Cash from Financing+124.79M-80.95M192.76M-190.7M1.52B24.4M907.37M-1.54B-303.56M43.02M
Dividends Paid-320.63M-334.8M-346.69M-346.83M-353.62M-93.8M-6.6M-38.04M-132.43M-101.15M
Common Dividends-299.97M-314.13M-340.08M-346.83M-353.62M-93.8M-6.6M-38.04M-132.43M-101.15M
Debt Issuance (Net)1000K-1000K1000K1000K1000K1000K1000K-1000K-1000K1000K
Share Repurchases-418K-613K-290.53M-606K-800K-346K-790K-470K-802K-751K
Other Financing-1.16M365.85M-8.44M-12.24M-21.88M-26.9M-6.82M-3.86M-56.55M-5.47M
Net Change in Cash+1.85M-2.79M13.24M-21.49M5.26M10.2M855.96M-902M152.41M-40.44M
Exchange Rate Effect0000000000
Cash at Beginning11.83M13.68M10.9M97.5M76M81.26M91.46M947.42M45.42M197.83M
Cash at End13.68M10.9M24.14M76M81.26M91.46M947.42M45.42M197.83M157.39M
Free Cash Flow+530.89M532.52M554.22M596.95M617.72M37.6M49.9M243.13M485.55M139.39M
FCF Growth %0.15%0%0.04%0.08%0.03%-0.94%0.33%3.87%1%-0.71%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share3.2912.0712.2212.84.191.14-0.361.632.130.58
FFO Payout Ratio60.45%16.68%16.95%16.49%51.38%50.02%-11.25%14.16%37.7%105.08%
NOI Margin40.48%41.26%41.09%39.32%39.01%46.03%31.37%33.41%33.74%31.79%
Net Debt / EBITDA4.92x1.54x1.83x1.79x4.72x12.12x14.91x9.72x9.10x9.89x
Debt / Assets51.31%47.69%55.96%58.14%67.11%71.47%78.04%75.53%75.04%80.21%
Interest Coverage2.42x2.52x2.09x2.02x3.77x--0.19x0.52x0.60x0.54x
Book Value / Share18.6239.8840.5741.2315.2512.799.458.437.435.15
Revenue Growth10.69%6.52%6.09%5.64%0.94%-45.37%18.2%24.57%0.58%1.23%

Revenue by Segment

2015201620172018201920202021202220232024
Hotel---------1.5B
Hotel Growth----------
Net Lease-----387.68M389.09M395.67M395.83M400.22M
Net Lease Growth------0.36%1.69%0.04%1.11%
Hotels1.67B1.77B1.88B--877.57M1.11B1.47B1.48B-
Hotels Growth-5.79%6.26%---26.09%32.61%0.73%-
Hotel---1.96B1.99B-----
Hotel Growth----1.44%-----
Furniture, Fixtures And Equipment Reserve Income---5.13M4.74M-----
Furniture, Fixtures And Equipment Reserve Income Growth-----7.66%-----
Travel Centers250.58M279.18M293.27M-------
Travel Centers Growth-11.41%5.05%-------

Frequently Asked Questions

Growth & Financials

Service Properties Trust (SVC) reported $1.87B in revenue for fiscal year 2024. This represents a 55% increase from $1.21B in 2011.

Service Properties Trust (SVC) grew revenue by 1.2% over the past year. Growth has been modest.

Service Properties Trust (SVC) reported a net loss of $277.9M for fiscal year 2024.

Dividend & Returns

Yes, Service Properties Trust (SVC) pays a dividend with a yield of 28.45%. This makes it attractive for income-focused investors.

Service Properties Trust (SVC) has a return on equity (ROE) of -26.5%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Service Properties Trust (SVC) generated Funds From Operations (FFO) of $54.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Service Properties Trust (SVC) offers a 28.45% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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