Service Properties Trust SVC
Service Properties Trust (SVC) operates as a Real Estate Investment Trust (REIT), maintaining a broad and varied collection of hotels alongside retail properties that provide essential services and necessities under net lease agreements. These holdings are geographically spread throughout the United States, Puerto Rico, and Canada, featuring assets tied to 149 unique brands across 23 different sectors. Most of these properties are run via long-term management or lease contracts. The oversight and management of SVC are handled by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company situated in Newton, Massachusetts.
Snapshot
Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-06-01) — 8-K, EX-99.1.
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.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-04-21 | 2026-04-21 | 2026-05-14 | 2026-04-09 | $0.01 | Quarterly |
| 2026-01-26 | 2026-01-26 | 2026-02-19 | 2026-01-15 | $0.01 | Quarterly |
| 2025-10-27 | 2025-10-27 | 2025-11-13 | 2025-10-09 | $0.01 | Quarterly |
| 2025-07-21 | 2025-07-21 | 2025-08-14 | 2025-07-10 | $0.01 | Quarterly |
| 2025-04-22 | 2025-04-22 | 2025-05-15 | 2025-04-10 | $0.01 | Quarterly |
| 2025-01-27 | 2025-01-27 | 2025-02-20 | 2025-01-16 | $0.01 | Quarterly |
| 2024-10-28 | 2024-10-28 | 2024-11-14 | 2024-10-16 | $0.01 | Quarterly |
| 2024-07-22 | 2024-07-22 | 2024-08-15 | 2024-07-11 | $0.20 | Quarterly |
| 2024-04-19 | 2024-04-22 | 2024-05-16 | 2024-04-11 | $0.20 | Quarterly |
| 2024-01-19 | 2024-01-22 | 2024-02-15 | 2024-01-11 | $0.20 | Quarterly |
| 2023-10-20 | 2023-10-23 | 2023-11-16 | 2023-10-12 | $0.20 | Quarterly |
| 2023-07-21 | 2023-07-24 | 2023-08-17 | 2023-07-13 | $0.20 | Quarterly |
| 2023-04-21 | 2023-04-24 | 2023-05-18 | 2023-04-13 | $0.20 | Quarterly |
| 2023-01-20 | 2023-01-23 | 2023-02-16 | 2023-01-12 | $0.20 | Quarterly |
| 2022-10-21 | 2022-10-24 | 2022-11-17 | 2022-10-13 | $0.20 | Quarterly |
| 2022-07-22 | 2022-07-25 | 2022-08-18 | 2022-07-14 | $0.01 | Quarterly |
| 2022-04-22 | 2022-04-25 | 2022-05-19 | 2022-04-14 | $0.01 | Quarterly |
| 2022-01-21 | 2022-01-24 | 2022-02-17 | 2022-01-13 | $0.01 | Quarterly |
| 2021-10-22 | 2021-10-25 | 2021-11-18 | 2021-10-14 | $0.01 | Quarterly |
| 2021-07-23 | 2021-07-26 | 2021-08-19 | 2021-07-15 | $0.01 | Quarterly |
| 2021-04-23 | 2021-04-26 | 2021-05-20 | 2021-04-15 | $0.01 | Quarterly |
| 2021-01-22 | 2021-01-25 | 2021-02-18 | 2021-01-14 | $0.01 | Quarterly |
| 2020-10-23 | 2020-10-26 | 2020-11-19 | 2020-10-15 | $0.01 | Quarterly |
| 2020-07-24 | 2020-07-27 | 2020-08-20 | 2020-07-16 | $0.01 | Quarterly |
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).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. 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 |
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.