REITResearch Real estate investment trust research powered by AI
← All REITs

Service Properties Trust SVC

Listed / Traded Lodging & Resorts NASDAQ Mgmt:

Service Properties Trust is a real estate investment trust that owns 760 service-focused retail net lease properties with 13,601,902 square feet across 42 states, as well as 94 hotels with 21,243 rooms or suites in 31 states, the District of Columbia, Ontario, Canada, and San Juan, Puerto Rico. The net lease portfolio is occupied by 181 tenants operating under 140 brands across 21 industries, including travel centers, quick service restaurants, health and fitness centers, grocery stores, and medical offices, with a weighted average lease term of 7.4 years. The hotel portfolio consists primarily of upscale and extended stay properties operated under brands including Royal Sonesta, Hyatt Place, and Sonesta ES Suites, managed by Sonesta, Hyatt Hotels Corporation, Radisson, and InterContinental Hotels Group.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-25 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$1.68
Market cap
$1.09B
Enterprise value
$5.35B
Dividend yieldi
2.38%
Annual dividendi
$0.04
Frequency
Quarterly
FFO / sharei
$0.35 · Q1 2026
Normalized FFO / sharei
$0.76 · Q1 2026
Net debt / EBITDAi
11.91x · GAAP est.
Op. cash flow / sharei
$0.71
Price / OCFi
2.37
Payout (% of OCF)i
5.63%
Debt / book capitali
91.15%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-06-01) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

5952shares (~$1.68 each)
$238est. dividends / year
$20≈ per month
2.38%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model SVC yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$5.48B
Cash
$346.81M
Net debt / EBITDAi
11.91x
Debt / book capitali
91.15%
Total assets
$6.49B
Total equity
$646.12M
Sponsored
Advanced charts & data →

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $1.81B $-202.32M $314.96M $473.43M $117.81M
2024 $1.90B $-275.53M $371.79M $462.63M $139.39M
2023 $1.87B $-32.78M $384.06M $664.80M $485.55M
2022 $1.86B $-132.38M $401.11M $588.09M $243.13M
2021 $1.50B $-544.60M $485.96M $286.05M $49.90M
2020 $1.27B $-311.38M $498.91M $506.27M $37.60M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-04-212026-04-212026-05-14 2026-04-09$0.01Quarterly
2026-01-262026-01-262026-02-19 2026-01-15$0.01Quarterly
2025-10-272025-10-272025-11-13 2025-10-09$0.01Quarterly
2025-07-212025-07-212025-08-14 2025-07-10$0.01Quarterly
2025-04-222025-04-222025-05-15 2025-04-10$0.01Quarterly
2025-01-272025-01-272025-02-20 2025-01-16$0.01Quarterly
2024-10-282024-10-282024-11-14 2024-10-16$0.01Quarterly
2024-07-222024-07-222024-08-15 2024-07-11$0.20Quarterly
2024-04-192024-04-222024-05-16 2024-04-11$0.20Quarterly
2024-01-192024-01-222024-02-15 2024-01-11$0.20Quarterly
2023-10-202023-10-232023-11-16 2023-10-12$0.20Quarterly
2023-07-212023-07-242023-08-17 2023-07-13$0.20Quarterly
2023-04-212023-04-242023-05-18 2023-04-13$0.20Quarterly
2023-01-202023-01-232023-02-16 2023-01-12$0.20Quarterly
2022-10-212022-10-242022-11-17 2022-10-13$0.20Quarterly
2022-07-222022-07-252022-08-18 2022-07-14$0.01Quarterly
2022-04-222022-04-252022-05-19 2022-04-14$0.01Quarterly
2022-01-212022-01-242022-02-17 2022-01-13$0.01Quarterly
2021-10-222021-10-252021-11-18 2021-10-14$0.01Quarterly
2021-07-232021-07-262021-08-19 2021-07-15$0.01Quarterly
2021-04-232021-04-262021-05-20 2021-04-15$0.01Quarterly
2021-01-222021-01-252021-02-18 2021-01-14$0.01Quarterly
2020-10-232020-10-262020-11-19 2020-10-15$0.01Quarterly
2020-07-242020-07-272020-08-20 2020-07-16$0.01Quarterly

Coverage (payout of operating cash flow): 5.63%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — SVC

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

Other Lodging & Resorts REITs

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

Theme