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Financials · APLE

Apple Hospitality REIT Inc. (APLE) financials

For the twelve months ended Sep 30, 2026, Apple Hospitality REIT Inc. reported $1.47B of revenue and $184.86M of net income.

Revenue, TTM
$1.47B
Revenue growth, YoY
+3.2%
Net income, TTM
$184.86M
Net income growth, YoY
+5.3%
Net margin
12.6%
Free cash flow, TTM
$298.89M
EPS, diluted, TTM
$0.79
EPS growth, YoY
+6.8%
Cash
$42.67M
Total debt
$1.48B
P/E
25.13
P/S
3.17
Market cap
$4.65B
Annual revenue$1.41B
FY2016FY2025
Annual net income$175.36M
FY2016FY2025
Annual free cash flow$282.02M
FY2023FY2025

APLE revenue and earnings growth

APLE revenueQ3 2026$398.33M

Quarter YoY
+6.5%
QoQ
-1.0%
FY YoY
-1.3%
5Y CAGR
+18.6%
10Y CAGR
+4.6%

APLE revenue was $398.33M in fiscal Q3 2026 (ended Sep 30, 2026), up 6.5% from a year earlier and down 1.0% from the prior quarter. For the full fiscal 2025 it was $1.41B, down 1.3% from fiscal 2024. Compound annual growth was +18.6% over 5 years and +4.6% over 10 years. It rose in 7 of the last 10 fiscal years.

APLE net incomeQ3 2026$60.47M

Quarter YoY
+18.9%
QoQ
-9.8%
FY YoY
-18.1%
10Y CAGR
+4.1%

APLE net income was $60.47M in fiscal Q3 2026 (ended Sep 30, 2026), up 18.9% from a year earlier and down 9.8% from the prior quarter. For the full fiscal 2025 it was $175.36M, down 18.1% from fiscal 2024. Compound annual growth was +4.1% over 10 years. It rose in 3 of the last 4 fiscal years.

APLE EPSQ3 2026$0.26

Quarter YoY
+23.8%
QoQ
-7.1%
FY YoY
-16.9%
10Y CAGR
+1.3%

APLE diluted EPS was $0.26 in fiscal Q3 2026 (ended Sep 30, 2026), up 23.8% from a year earlier and down 7.1% from the prior quarter. For the full fiscal 2025 it was $0.74, down 16.9% from fiscal 2024. Compound annual growth was +1.3% over 10 years.

APLE free cash flowQ3 2026$117.63M

Quarter YoY
+7.9%
QoQ
+4.4%
FY YoY
-13.8%

APLE free cash flow was $117.63M in fiscal Q3 2026 (ended Sep 30, 2026), up 7.9% from a year earlier and up 4.4% from the prior quarter. For the full fiscal 2025 it was $282.02M, down 13.8% from fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$1.41B$1.43B$1.34B$1.24B$933.87M$601.88M$1.27B$1.27B$1.24B$1.04B
Cost of revenue$847.32M$837.87M$780.73M$710.48M$542.18M$402.28M$724.42M$715.93M$697.40M$582.84M
Gross profit$565.06M$593.60M$563.08M$527.94M$391.69M$199.60M$542.18M$554.62M$541.22M$458.19M
Selling, general and admin$32.29M$42.54M$47.40M$42.46M$41.04M$29.37M$36.21M$24.29M$26.34M$17.03M
Operating income$257.80M$292.76M$247.48M$206.48M$87.04M-$102.04M$233.79M$257.86M$230.68M$185.11M
Pre-tax income$176.32M$215.01M$178.62M$146.75M$19.30M-$172.88M$172.60M$206.67M$183.34M$145.08M
Income tax$959.0K$947.0K$1.14M$1.94M$468.0K$332.0K$679.0K$587.0K$847.0K$431.0K
Net income$175.36M$214.06M$177.49M$144.81M$18.83M-$173.21M$171.92M$206.09M$182.49M$144.65M
EPS, basic$0.74$0.89$0.77$0.63$0.08-$0.77$0.77$0.90$0.82$0.76
EPS, diluted$0.74$0.89$0.77$0.63$0.08-$0.77$0.77$0.90$0.82$0.76
Diluted shares237.8M241.3M229.3M228.9M226.4M223.5M223.9M229.7M223.5M190.9M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$8.52M$10.25M$10.29M$4.08M$3.28M$5.56M$34.66M$33.63M$29.79M$0
Total assets$4.90B$4.97B$4.94B$4.77B$4.79B$4.83B$4.94B$4.93B$4.90B$4.98B
Total debt$1.54B$1.47B$1.37B$1.37B$1.44B$1.48B$1.32B$1.41B$1.22B$1.30B
Total liabilities$1.75B$1.70B$1.61B$1.59B$1.64B$1.80B$1.65B$1.52B$1.33B$1.46B
Shareholders' equity$3.15B$3.27B$3.32B$3.18B$3.15B$3.03B$3.29B$3.41B$3.57B$3.52B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$370.22M$405.35M$399.04M$368.45M$217.56M$26.73M$381.67M$404.81M$384.07M$331.17M
Capital expenditures$88.20M$78.30M$76.80M-------
Free cash flow$282.02M$327.05M$322.24M-------
Investing cash flow-$135.38M-$215.71M-$364.63M-$135.91M-$150.68M-$82.26M-$14.32M-$210.16M-$158.26M-$162.20M
Financing cash flow-$239.49M-$189.19M-$34.31M-$228.97M-$61.30M$55.24M-$366.32M-$190.81M-$225.45M-$162.20M
Dividends paid$240.43M$243.72M$238.28M$139.47M$6.80M$67.38M$268.67M$275.89M$267.92M$229.06M
Share repurchases$58.29M$34.65M$6.88M$2.67M-$14.34M$4.33M$104.30M$0$7.87M
Depreciation and amortization$192.63M$190.60M$183.24M$181.70M$184.47M$199.79M$193.24M$183.48M$176.50M-

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-1.3%6.5%8.5%32.6%55.2%-52.5%-0.3%2.6%19.0%15.9%
Net income growth, YoY-18.1%20.6%22.6%669.1%---16.6%12.9%26.2%23.3%
EPS growth, YoY-16.9%15.6%22.2%687.5%---14.4%9.8%7.9%16.9%
Gross margin40.0%41.5%41.9%42.6%41.9%33.2%42.8%43.7%43.7%44.0%
Operating margin18.3%20.5%18.4%16.7%9.3%-17.0%18.5%20.3%18.6%17.8%
Net margin12.4%15.0%13.2%11.7%2.0%-28.8%13.6%16.2%14.7%13.9%
Free cash flow margin20.0%22.8%24.0%-------
Return on equity5.6%6.6%5.3%4.6%0.6%-5.7%5.2%6.0%5.1%4.1%
Return on assets3.6%4.3%3.6%3.0%0.4%-3.6%3.5%4.2%3.7%2.9%
Debt to equity0.490.450.410.430.460.490.400.410.340.37

Source: XBRL data Apple Hospitality REIT Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-2, first reported Aug 6, 2015.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

APLE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
APLE$1.47B+3.2%$184.86M12.6%$4.65B
WELL$13.79B+39.2%$1.67B12.1%$181.46B
PLD$8.95B+6.7%$3.71B41.5%$124.09B
EQIX$10.06B+11.1%$1.65B16.4%$104.38B
AMT$11.01B+5.3%$3.31B30.1%$87.65B
SPG$7.15B+16.2%$4.51B63.0%$75.39B
DLR$6.34B+12.6%$1.38B21.7%$68.13B
PSA$5.03B+5.2%$1.90B37.8%$63.18B
O$6.21B+10.8%$1.36B21.8%$56.58B

APLE FAQ

9 questions
  • What is APLE revenue?
    Apple Hospitality REIT Inc. (APLE) reported $1.47B of revenue for the twelve months ended Sep 30, 2026. That is up 3.2% from the year before. Revenue for fiscal 2025 was $1.41B.
  • Is APLE profitable?
    Yes. Apple Hospitality REIT Inc. earned $184.86M in net income for the twelve months ended Sep 30, 2026, a net margin of 12.6%.
  • How much cash and debt does APLE have?
    Apple Hospitality REIT Inc. reported $42.67M in cash and cash equivalents and $1.48B of debt on its most recent balance sheet in SEC filings.
  • How fast is APLE revenue growing?
    Apple Hospitality REIT Inc.'s revenue changed -1.3% in fiscal 2025, to $1.41B. Its compound annual growth rate was +18.6% over 5 years and +4.6% over 10 years.
  • What is APLE gross margin?
    Apple Hospitality REIT Inc.'s gross profit was $596.14M on $1.47B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 40.7%.
  • What is APLE free cash flow?
    Apple Hospitality REIT Inc. generated $298.89M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $395.29M less capital expenditures.
  • What is APLE earnings per share?
    Diluted earnings per share were $0.79 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did APLE last report financial results?
    The latest statements here come from Apple Hospitality REIT Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this APLE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Apple Hospitality REIT Inc. files with the SEC. It is provided for information only and is not investment advice.