What is Apple Hospitality REIT, Inc.'s earnings per share (EPS)?

Apple Hospitality REIT, Inc. (APLE) reported diluted earnings per share of $0.74 for fiscal year 2025. This represents a -16.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Apple Hospitality REIT (APLE) Financials

APLE NYSE

Trailing 12 months to June 30, 2026

Revenue $1.4B +1.2% YoY

Net Income $175.3M -3.1% YoY

EPS (Diluted) $0.74 -2.6% YoY

Free Cash Flow $290.3M -4.3% YoY

Market Cap $4.4B as of Oct 28, 2026

Price / Sales 3.0x on $1.4B revenue, trailing 12 months to June 30, 2026

Price / Earnings 25.1x on $175.3M net income, trailing 12 months to June 30, 2026

Price / Book 1.4x on $3.1B equity, Q2 FY2026

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 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

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 APLE SEC filings page.

Apple Hospitality REIT, Inc. (APLE) reported $1.4B in revenue over the twelve months to Jun 30, 2026, up 1.2% 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).

Rhea AI APLE FY2025 2026-10-24

The business converts property-scale assets into recurring cash, but FY2025 exposed weaker margins and higher leverage.

FY2025 operating cash flow was $370M against net income of $175M, showing that reported earnings still became cash. However, capital expenditures rose 12.6% while free cash flow fell 13.8%, so reinvestment absorbed more of the cash produced by operations.

The 2022-2024 margin expansion reversed in FY2025 as revenue fell 1.3% and operating income fell 11.9%. Operating margin still stood at 18.3%, above FY2022's 16.7%, indicating a pullback from improved efficiency rather than a return to the earlier structure.

The balance sheet became more debt-funded in FY2025: liabilities rose 2.9% even as total assets declined, lifting liabilities to 35.8% of assets. Long-term debt reached $1.54B, while debt-to-equity rose to 0.5x, making financing more sensitive to operating softness.

Financial Health Signals

Financial Health Score (5 of 6 dimensions) 52/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. 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 Apple Hospitality REIT, Inc.'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

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. Apple Hospitality REIT, Inc. scores 49/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Apple Hospitality REIT, Inc. scores 37/100 on it among other REITs.

Leverage

Apple Hospitality REIT, Inc.'s net debt of $1.5B, being $1.5B of long-term debt less $8.5M of cash, came to 3.40 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and Apple Hospitality REIT, Inc. scores 64/100 among other REITs.

Interest Cov.

n/a

Not available for Apple Hospitality REIT, Inc., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.

AFFO Margin

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. Apple Hospitality REIT, Inc. scores 54/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Apple Hospitality REIT, Inc. scores 54/100 on it among other REITs.

Piotroski F-Score Partial

5/8

Apple Hospitality REIT, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.

Earnings Quality Cash-Backed

2.11x

For every $1 of reported earnings, Apple Hospitality REIT, Inc. generates $2.11 in operating cash flow ($370.2M OCF vs $175.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$402.6M

YoY+4.7%

QoQ+19.2%

5Y CAGR+10.2%

10Y CAGR+4.6%

Apple Hospitality REIT, Inc. generated $402.6M in revenue in Q2 2026. This represents an increase of 4.7% from the same quarter a year earlier. Against the prior quarter it is up 19.2%.

EBITDA

$137.8M

YoY+3.7%

QoQ+41.3%

Apple Hospitality REIT, Inc.'s EBITDA was $137.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.7% from the same quarter a year earlier. Against the prior quarter it is up 41.3%.

Net Income

$67.1M

YoY+5.4%

QoQ+142.2%

5Y CAGR+27.0%

10Y CAGR+2.1%

Apple Hospitality REIT, Inc. reported $67.1M in net income in Q2 2026. This represents an increase of 5.4% from the same quarter a year earlier. Against the prior quarter it is up 142.2%.

EPS (Diluted)

$0.28

YoY+3.7%

QoQ+133.3%

5Y CAGR+25.5%

10Y CAGR-1.0%

Apple Hospitality REIT, Inc. earned $0.28 per diluted share (EPS) in Q2 2026. This represents an increase of 3.7% from the same quarter a year earlier. Against the prior quarter it is up 133.3%.

Cash & Balance Sheet

Free Cash Flow

$112.7M

YoY+17.1%

QoQ+427.5%

5Y CAGR+17.9%

10Y CAGR+4.5%

Apple Hospitality REIT, Inc. generated $112.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 17.1% from the same quarter a year earlier. Against the prior quarter it is up 427.5%.

Cash & Debt

$10.2M

YoY+28.6%

QoQ+29.6%

5Y CAGR+28.5%

10Y CAGR-7.3%

Apple Hospitality REIT, Inc. held $10.2M in cash against $1.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.24

YoY0.0%

QoQ0.0%

5Y CAGR+88.8%

Apple Hospitality REIT, Inc. paid $0.24 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

236M

YoY-0.4%

QoQ0.0%

5Y CAGR+0.7%

10Y CAGR+3.1%

Apple Hospitality REIT, Inc. had 236M shares outstanding in Q2 2026. This represents a decrease of 0.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

43.5%

YoY+0.8pp

QoQ+4.7pp

Apple Hospitality REIT, Inc.'s gross margin was 43.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.7 percentage points.

Operating Margin

21.9%

YoY-0.2pp

QoQ+7.7pp

Apple Hospitality REIT, Inc.'s operating margin was 21.9% in Q2 2026, reflecting core business profitability. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.7 percentage points.

Net Margin

16.7%

YoY+0.1pp

QoQ+8.5pp

5Y change+8.5pp

10Y change-4.6pp

Apple Hospitality REIT, Inc.'s net profit margin was 16.7% in Q2 2026, showing the share of revenue converted to profit. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.5 percentage points.

Return on Equity

2.1%

YoY+0.1pp

QoQ+1.3pp

5Y change+1.5pp

10Y change+0.1pp

Apple Hospitality REIT, Inc.'s quarterly ROE was 2.1% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Capital Allocation

Share Buybacks

YoY-100.0%

QoQn/m

Apple Hospitality REIT, Inc. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Capital Expenditures

$12.3M

YoY-2.4%

QoQ-55.3%

5Y CAGR+38.7%

10Y CAGR-0.7%

Apple Hospitality REIT, Inc. invested $12.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 2.4% from the same quarter a year earlier. Against the prior quarter it is down 55.3%.

R&D Spending

Not reported for Q2 2026.

APLE 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.

APLE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.4B	$1.4B-1.3%	$1.4B+6.5%	$1.3B+8.5%	$1.2B+32.6%	$933.9M+55.2%	$601.9M-52.5%	$1.3B-0.3%	$1.3B+2.6%	$1.2B+19.0%	$1.0B+15.9%	$898.3M+11.7%	$803.9M+107.2%	$388.0M+6.1%	$365.6M+14.1%	$320.5M
Cost of Revenue	$861.4M	$847.3M+1.1%	$837.9M+7.3%	$780.7M+9.9%	$710.5M+31.0%	$542.2M+34.8%	$402.3M-44.5%	$724.4M+1.2%	$715.9M+2.7%	$697.4M+19.7%	$582.8M	N/A	N/A	N/A	N/A	N/A
Gross Profit	$579.2M	$565.1M-4.8%	$593.6M+5.4%	$563.1M+6.7%	$527.9M+34.8%	$391.7M+96.2%	$199.6M-63.2%	$542.2M-2.2%	$554.6M+2.5%	$541.2M+18.1%	$458.2M	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$39.0M	$32.3M-24.1%	$42.5M-10.3%	$47.4M+11.6%	$42.5M+3.5%	$41.0M+39.7%	$29.4M-18.9%	$36.2M+49.0%	$24.3M-80.9%	$127.2M+27.6%	$99.7M+10.1%	$90.6M+6.0%	$85.5M+119.0%	$39.0M-2.1%	$39.9M+12.6%	$35.4M
Operating Income	$258.3M	$257.8M-11.9%	$292.8M+18.3%	$247.5M+19.9%	$206.5M+137.2%	$87.0Mn/m	-$102.0M-143.6%	$233.8M-9.3%	$257.9M+11.8%	$230.7M+24.6%	$185.1M+36.1%	$136.0M+320.8%	$32.3M-60.9%	$82.7M+8.0%	$76.6M+37.8%	$55.6M
EBITDA	N/A	$450.4M-6.8%	$483.4M+12.2%	$430.7M+11.0%	$388.2M+43.0%	$271.5M+177.8%	$97.7M-77.1%	$427.0M-3.2%	$441.3M+8.4%	$407.2M+22.2%	$333.3M+26.5%	$263.5M+81.2%	$145.4M+5.7%	$137.6M+6.4%	$129.3M+24.4%	$104.0M
Income Tax	$980K	$959K+1.3%	$947K-16.6%	$1.1M-41.5%	$1.9M+314.5%	$468K+41.0%	$332K-51.1%	$679K+15.7%	$587K-30.7%	$847K+96.5%	$431K-52.0%	$898K-54.4%	$2.0M+38.5%	$1.4M+22.0%	$1.2M+9.2%	$1.1M
Net Income	$175.3M	$175.4M-18.1%	$214.1M+20.6%	$177.5M+22.6%	$144.8M+669.1%	$18.8Mn/m	-$173.2M-200.8%	$171.9M-16.6%	$206.1M+12.9%	$182.5M+26.2%	$144.7M+23.3%	$117.3M+1616.5%	$6.8M-94.1%	$115.2M+52.7%	$75.5M+7.8%	$70.0M
EPS (Basic)	N/A	$0.74-16.9%	$0.89+15.6%	$0.77+22.2%	$0.63+687.5%	$0.08n/m	-$0.77-200.0%	$0.77-14.4%	$0.90+9.8%	$0.82+7.9%	$0.76+16.9%	$0.65	$0.04	$1.26	$0.41+7.9%	$0.38
EPS (Diluted)	$0.74	$0.74-16.9%	$0.89+15.6%	$0.77+22.2%	$0.63+687.5%	$0.08n/m	-$0.77-200.0%	$0.77-14.4%	$0.90+9.8%	$0.82+7.9%	$0.76+16.9%	$0.65	$0.04	$1.26	$0.41+7.9%	$0.38
Diluted Shares (Avg)	N/A	238M-1.4%	241M+5.2%	229M+0.2%	229M+1.1%	226M+1.3%	224M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$402.6M+4.7%	$337.7M+3.1%	$326.4M-2.0%	$373.9M-1.3%	$384.4M-1.5%	$327.7M-0.5%	$333.0M+6.6%	$378.8M+5.7%
Cost of Revenue	$227.6M+3.2%	$206.9M+3.5%	$204.9M+0.3%	$222.0M+0.9%	$220.6M+2.0%	$199.9M+1.3%	$204.4M+6.8%	$219.9M+8.0%
Gross Profit	$175.0M+6.8%	$130.8M+2.3%	$121.5M-5.6%	$151.9M-4.4%	$163.8M-5.7%	$127.8M-3.3%	$128.7M+6.2%	$158.9M+2.8%
SG&A Expenses	$13.2M+63.2%	$10.8M+17.0%	$7.5M-36.1%	$7.5M-18.1%	$8.1M-27.1%	$9.2M-12.8%	$11.7M-8.3%	$9.2M-17.1%
Operating Income	$88.2M+3.9%	$48.0M-5.6%	$49.6M-0.6%	$72.5M-6.7%	$84.9M-9.3%	$50.9M-29.0%	$49.9M+28.3%	$77.7M+1.9%
EBITDA	$137.8M+3.7%	$97.5M-1.3%	$98.2M+0.3%	$120.6M-4.2%	$132.9M-5.9%	$98.8M-16.6%	$97.8M+15.4%	$125.9M+3.3%
Income Tax	$260K+8.3%	$242K+0.4%	$236K+0.9%	$242K-0.4%	$240K+12.1%	$241K-5.9%	$234K-10.3%	$243K-22.4%
Net Income	$67.1M+5.4%	$27.7M-11.3%	$29.6M-0.7%	$50.9M-9.6%	$63.6M-13.9%	$31.2M-42.2%	$29.8M+43.6%	$56.3M-3.8%
EPS (Basic)	$0.28+3.7%	$0.12-7.7%	$0.130.0%	$0.21-8.7%	$0.27-12.9%	$0.13-40.9%	$0.13+44.4%	$0.23-11.5%
EPS (Diluted)	$0.28+3.7%	$0.12-7.7%	$0.130.0%	$0.21-8.7%	$0.27-12.9%	$0.13-40.9%	$0.13+44.4%	$0.23-11.5%
Diluted Shares (Avg)	236M-0.6%	236M-1.6%	N/A	237M-1.4%	238M-1.9%	240M-1.0%	N/A	241M+5.1%

Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.

APLE Balance Sheet

APLE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$4.9B-1.4%	$5.0B+0.7%	$4.9B+3.4%	$4.8B-0.4%	$4.8B-0.8%	$4.8B-2.3%	$4.9B+0.3%	$4.9B+0.5%	$4.9B-1.6%	$5.0B+33.8%	$3.7B-1.4%	$3.8B+153.3%	$1.5B-2.3%	$1.5B-10.3%	$1.7B
Cash & Equivalents	$8.5M-17.0%	$10.3M-0.3%	$10.3M+152.3%	$4.1M+24.2%	$3.3M-40.9%	$5.6Mn/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$18.1M+100.5%	$9.0M-70.6%	$30.7M
Total Liabilities	$1.8B+2.9%	$1.7B+5.6%	$1.6B+1.2%	$1.6B-3.0%	$1.6B-8.7%	$1.8B+9.0%	$1.7B+8.7%	$1.5B+14.2%	$1.3B-9.0%	$1.5B+36.0%	$1.1B+41.1%	$762.2M+324.7%	$179.5M-0.2%	$179.9M+30.9%	$137.4M
Long-Term Debt	$1.5B+4.6%	$1.5B+7.3%	$1.4B+0.4%	$1.4B-5.0%	$1.4B-3.0%	$1.5B+12.3%	$1.3B-6.5%	$1.4B+15.5%	$1.2B-6.0%	$1.3B+30.0%	$1.0B+41.5%	$706.6M+334.6%	$162.6M-2.5%	$166.8M+34.4%	$124.1M
Total Equity	$3.1B-3.6%	$3.3B-1.7%	$3.3B+4.6%	$3.2B+1.0%	$3.1B+3.9%	$3.0B-8.0%	$3.3B-3.5%	$3.4B-4.5%	$3.6B+1.5%	$3.5B+32.9%	$2.6B-12.2%	$3.0B+129.8%	$1.3B-2.5%	$1.3B-13.9%	$1.6B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$4.9B-1.3%	$4.9B-1.1%	$4.9B-1.4%	$4.9B-2.2%	$4.9B-2.9%	$4.9B-1.7%	$5.0B+0.7%	$5.0B+5.4%
Cash & Equivalents	$10.2M+28.6%	$7.8M-47.5%	$8.5M-17.0%	$50.3M+718.1%	$7.9M+9.3%	$14.9M+201.8%	$10.3M-0.3%	$6.1M-82.6%
Total Liabilities	$1.7B-0.4%	$1.8B+1.9%	$1.8B+2.9%	$1.7B-0.1%	$1.7B-0.7%	$1.7B+2.2%	$1.7B+5.6%	$1.7B+8.5%
Long-Term Debt	$1.5B-1.5%	$1.6B+2.0%	$1.5B+4.6%	$1.5B+0.5%	$1.5B-0.7%	$1.5B+2.3%	$1.5B+7.3%	$1.5B+9.3%
Total Equity	$3.1B-1.8%	$3.1B-2.7%	$3.1B-3.6%	$3.2B-3.2%	$3.2B-4.0%	$3.2B-3.6%	$3.3B-1.7%	$3.3B+3.9%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.

APLE Cash Flow Statement

APLE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$386.1M	$370.2M-8.7%	$405.4M+1.6%	$399.0M+8.3%	$368.4M+69.4%	$217.6M+714.0%	$26.7M-93.0%	$381.7M-5.7%	$404.8M+5.4%	$384.1M+16.0%	$331.2M+17.8%	$281.1M+11.4%	$252.2M+83.5%	$137.4M+11.8%	$123.0M+6.0%	$116.0M
Depreciation & Amortization	N/A	$192.6M+1.1%	$190.6M+4.0%	$183.2M+0.9%	$181.7M-1.5%	$184.5M-7.7%	$199.8M+3.4%	$193.2M+5.3%	$183.5M+4.0%	$176.5M+19.1%	$148.2M+16.3%	$127.4M+12.7%	$113.1M+106.3%	$54.8M+3.9%	$52.7M+8.9%	$48.4M
Capital Expenditures	$95.8M	$88.2M+12.6%	$78.3M+2.0%	$76.8M+29.3%	$59.4M+224.2%	$18.3M-62.3%	$48.6M-35.2%	$74.9M+0.8%	$74.3M+17.4%	$63.3M-2.8%	$65.1M+4.6%	$62.3M-8.4%	$68.0M+202.1%	$22.5M+36.2%	$16.5M+5.0%	$15.7M
Free Cash Flow	$290.3M	$282.0M-13.8%	$327.1M+1.5%	$322.2M+4.3%	$309.1M+55.1%	$199.3Mn/m	-$21.8M-107.1%	$306.8M-7.2%	$330.5M+3.0%	$320.8M+20.6%	$266.0M+21.6%	$218.8M+18.8%	$184.2M+60.3%	$114.9M+8.0%	$106.4M+6.1%	$100.3M
Investing Cash Flow	-$136.9M	-$135.4Mn/m	-$215.7Mn/m	-$364.6Mn/m	-$135.9Mn/m	-$150.7Mn/m	-$82.3Mn/m	-$14.3Mn/m	-$210.2Mn/m	-$158.3Mn/m	-$162.2Mn/m	-$82.3Mn/m	-$58.4M-329.5%	$25.4M-76.0%	$106.0Mn/m	-$166.1M
Financing Cash Flow	-$272.1M	-$239.5Mn/m	-$189.2Mn/m	-$34.3Mn/m	-$229.0Mn/m	-$61.3M-211.0%	$55.2Mn/m	-$366.3Mn/m	-$190.8Mn/m	-$225.4Mn/m	-$162.2Mn/m	-$198.8Mn/m	-$211.9Mn/m	-$153.8Mn/m	-$250.6Mn/m	-$143.3M
Dividends Paid	$227.0M	$240.4M-1.4%	$243.7M+2.3%	$238.3M+70.9%	$139.5M+1951.9%	$6.8M-89.9%	$67.4M-74.9%	$268.7M-2.6%	$275.9M+3.0%	$267.9M+17.0%	$229.1M0.0%	$229.1M-1.8%	$233.4M+54.0%	$151.6M-2.2%	$155.0M-3.4%	$160.4M
Share Buybacks	$15.1M	$58.3M+68.2%	$34.7M+403.7%	$6.9M+157.2%	$2.7M	N/A	$14.3M+230.7%	$4.3M-95.8%	$104.3Mn/m	$0-100.0%	$7.9M-96.7%	$237.6M+10013.5%	$2.3M-88.3%	$20.0M-61.5%	$52.0M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$125.0M+14.9%	$48.9M-0.6%	$85.8M-9.8%	$126.4M-1.4%	$108.8M-14.5%	$49.1M-10.1%	$95.2M-1.7%	$128.2M-2.6%
Depreciation & Amortization	$49.7M+3.4%	$49.5M+3.3%	$48.6M+1.3%	$48.1M-0.1%	$48.0M+0.6%	$47.9M+2.4%	$47.9M+4.5%	$48.1M+5.8%
Capital Expenditures	$12.3M-2.4%	$27.5M+40.3%	$38.6M+26.1%	$17.4M+15.2%	$12.6M+2.4%	$19.6M-3.4%	$30.6M+11.4%	$15.1M+6.0%
Free Cash Flow	$112.7M+17.1%	$21.4M-27.7%	$47.2M-26.9%	$109.0M-3.6%	$96.2M-16.4%	$29.5M-14.0%	$64.6M-6.9%	$113.1M-3.6%
Investing Cash Flow	-$5.6Mn/m	-$35.8Mn/m	-$90.3M-7882.9%	-$5.3Mn/m	-$32.7Mn/m	-$7.1Mn/m	$1.2Mn/m	-$14.6Mn/m
Financing Cash Flow	-$121.2Mn/m	-$31.7Mn/m	-$41.5Mn/m	-$77.6Mn/m	-$84.3Mn/m	-$36.0M-167.6%	-$91.0M-158.3%	-$113.3Mn/m
Dividends Paid	$56.6M-0.9%	$56.6M-18.7%	$56.9M-1.5%	$56.8M-1.6%	$57.1M-1.6%	$69.6M-0.8%	$57.8M+4.9%	$57.7M+5.3%
Share Buybacks	$0-100.0%	$0-100.0%	$13.1Mn/m	$2.0M-89.4%	$16.9M+9.1%	$26.3Mn/m	$0n/m	$19.2M+39034.7%

Not reported in any period shown, so not listed: Stock-Based Compensation.

APLE 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.

APLE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	40.0%-1.5pp	41.5%-0.4pp	41.9%-0.7pp	42.6%+0.7pp	41.9%+8.8pp	33.2%-9.6pp	42.8%-0.8pp	43.6%-0.1pp	43.7%-0.3pp	44.0%	N/A	N/A	N/A	N/A	N/A
Operating Margin	18.3%-2.2pp	20.4%+2.0pp	18.4%+1.8pp	16.7%+7.3pp	9.3%+26.3pp	-17.0%-35.4pp	18.5%-1.8pp	20.3%+1.7pp	18.6%+0.8pp	17.8%+2.6pp	15.1%+11.1pp	4.0%-17.3pp	21.3%+0.4pp	20.9%+3.6pp	17.3%
Net Margin	12.4%-2.5pp	14.9%+1.7pp	13.2%+1.5pp	11.7%+9.7pp	2.0%+30.8pp	-28.8%-42.4pp	13.6%-2.7pp	16.2%+1.5pp	14.7%+0.8pp	13.9%+0.8pp	13.1%+12.2pp	0.9%-28.8pp	29.7%+9.0pp	20.6%-1.2pp	21.8%
Return on Equity	5.6%-1.0pp	6.6%+1.2pp	5.3%+0.8pp	4.6%+4.0pp	0.6%+6.3pp	-5.7%-10.9pp	5.2%-0.8pp	6.0%+0.9pp	5.1%+1.0pp	4.1%-0.3pp	4.4%+4.2pp	0.2%-8.6pp	8.8%+3.2pp	5.6%+1.1pp	4.5%
Return on Assets	3.6%-0.7pp	4.3%+0.7pp	3.6%+0.6pp	3.0%+2.6pp	0.4%+4.0pp	-3.6%-7.1pp	3.5%-0.7pp	4.2%+0.5pp	3.7%+0.8pp	2.9%-0.2pp	3.1%+3.0pp	0.2%-7.5pp	7.7%+2.8pp	5.0%+0.8pp	4.1%
Debt-to-Equity	0.490.0x	0.450.0x	0.410.0x	0.430.0x	0.460.0x	0.49+0.1x	0.400.0x	0.41+0.1x	0.340.0x	0.370.0x	0.38+0.1x	0.23+0.1x	0.120.0x	0.120.0x	0.08
Liabilities-to-Equity	0.560.0x	0.520.0x	0.490.0x	0.500.0x	0.52-0.1x	0.59+0.1x	0.50+0.1x	0.45+0.1x	0.370.0x	0.420.0x	0.41+0.2x	0.25+0.1x	0.140.0x	0.130.0x	0.09
Asset Turnover	0.290.0x	0.290.0x	0.270.0x	0.26+0.1x	0.19+0.1x	0.12-0.1x	0.260.0x	0.260.0x	0.250.0x	0.210.0x	0.240.0x	0.210.0x	0.260.0x	0.24+0.1x	0.19
FCF Margin	20.0%-2.9pp	22.9%-1.1pp	24.0%-1.0pp	25.0%+3.6pp	21.3%+25.0pp	-3.6%-27.8pp	24.2%-1.8pp	26.0%+0.1pp	25.9%+0.3pp	25.6%+1.2pp	24.4%+1.5pp	22.9%-6.7pp	29.6%+0.5pp	29.1%-2.2pp	31.3%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	43.5%+0.8pp	38.7%-0.3pp	37.2%-1.4pp	40.6%-1.3pp	42.6%-1.9pp	39.0%-1.1pp	38.6%-0.1pp	41.9%-1.2pp
Operating Margin	21.9%-0.2pp	14.2%-1.3pp	15.2%+0.2pp	19.4%-1.1pp	22.1%-1.9pp	15.5%-6.2pp	15.0%+2.5pp	20.5%-0.8pp
Net Margin	16.7%+0.1pp	8.2%-1.3pp	9.1%+0.1pp	13.6%-1.2pp	16.6%-2.4pp	9.5%-6.9pp	8.9%+2.3pp	14.8%-1.5pp
Return on Equity	2.1%+0.1pp	0.9%-0.1pp	0.9%0.0pp	1.6%-0.1pp	2.0%-0.2pp	1.0%-0.6pp	0.9%+0.3pp	1.7%-0.1pp
Return on Assets	1.4%+0.1pp	0.6%-0.1pp	0.6%0.0pp	1.0%-0.1pp	1.3%-0.2pp	0.6%-0.4pp	0.6%+0.2pp	1.1%-0.1pp
Debt-to-Equity	0.480.0x	0.500.0x	0.490.0x	0.470.0x	0.480.0x	0.480.0x	0.450.0x	0.460.0x
Liabilities-to-Equity	0.550.0x	0.570.0x	0.560.0x	0.540.0x	0.540.0x	0.540.0x	0.520.0x	0.520.0x
Asset Turnover	0.080.0x	0.070.0x	0.070.0x	0.080.0x	0.080.0x	0.070.0x	0.070.0x	0.080.0x
FCF Margin	28.0%+3.0pp	6.3%-2.7pp	14.5%-4.9pp	29.2%-0.7pp	25.0%-4.4pp	9.0%-1.4pp	19.4%-2.8pp	29.8%-2.9pp

Not reported in any period shown, so not listed: Current Ratio.

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
Apple Hospitality REIT, Inc. APLE	FY2025	$1.4B	$175.4M	12.4%	$4.4B	52/100
Park Hotels & Resorts Inc. PK	FY2025	$2.5B	-$283.0M	-11.1%	$3.4B	16/100
Ryman Hospitality Properties, Inc RHP	FY2025	$2.6B	$243.4M	9.4%	$9.1B	49/100
Diamondrock Hospitality Company DRH	FY2025	$1.1B	$101.4M	9.0%	$2.9B	—
Sunstone Hotel Investors, Inc. SHO	FY2025	$960.1M	$8.2M	0.9%	$2.4B	36/100
Xenia Hotels & Resorts, Inc. XHR	FY2025	$1.1B	$63.1M	5.9%	$1.9B	48/100

Where Apple Hospitality REIT, Inc. Ranks

Frequently Asked Questions

What is Apple Hospitality REIT, Inc.'s annual revenue?

Apple Hospitality REIT, Inc. (APLE) reported $1.4B in total revenue for fiscal year 2025. This represents a -1.3% 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 Apple Hospitality REIT, Inc.'s revenue growing?

Apple Hospitality REIT, Inc. (APLE) revenue declined by 1.3% year-over-year, from $1.4B to $1.4B in fiscal year 2025.

Is Apple Hospitality REIT, Inc. profitable?

Yes, Apple Hospitality REIT, Inc. (APLE) reported a net income of $175.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $175.4M, with a net profit margin of 12.4%.

What is Apple Hospitality REIT, Inc.'s EBITDA?

Apple Hospitality REIT, Inc. (APLE) had EBITDA of $450.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Apple Hospitality REIT, Inc. have?

As of fiscal year 2025, Apple Hospitality REIT, Inc. (APLE) had $8.5M in cash and equivalents against $1.5B in long-term debt.

What is Apple Hospitality REIT, Inc.'s gross margin?

Apple Hospitality REIT, Inc. (APLE) had a gross margin of 40.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Apple Hospitality REIT, Inc.'s operating margin?

Apple Hospitality REIT, Inc. (APLE) had an operating margin of 18.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Apple Hospitality REIT, Inc.'s net profit margin?

Apple Hospitality REIT, Inc. (APLE) had a net profit margin of 12.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Apple Hospitality REIT, Inc. pay dividends?

Yes, Apple Hospitality REIT, Inc. (APLE) paid $0.96 per share in dividends during fiscal year 2025.

What is Apple Hospitality REIT, Inc.'s return on equity (ROE)?

Apple Hospitality REIT, Inc. (APLE) has a return on equity of 5.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Apple Hospitality REIT, Inc.'s free cash flow?

Apple Hospitality REIT, Inc. (APLE) generated $282.0M in free cash flow during fiscal year 2025. This represents a -13.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Apple Hospitality REIT, Inc.'s operating cash flow?

Apple Hospitality REIT, Inc. (APLE) generated $370.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Apple Hospitality REIT, Inc.'s total assets?

Apple Hospitality REIT, Inc. (APLE) had $4.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Apple Hospitality REIT, Inc.'s capital expenditures?

Apple Hospitality REIT, Inc. (APLE) invested $88.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Apple Hospitality REIT, Inc. buy back shares?

Yes, Apple Hospitality REIT, Inc. (APLE) spent $58.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Apple Hospitality REIT, Inc. have outstanding?

Apple Hospitality REIT, Inc. (APLE) had 236M shares outstanding as of fiscal year 2025.

What is Apple Hospitality REIT, Inc.'s debt-to-equity ratio?

Apple Hospitality REIT, Inc. (APLE) had a debt-to-equity ratio of 0.49 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Apple Hospitality REIT, Inc.'s liabilities-to-equity ratio?

Apple Hospitality REIT, Inc. (APLE) had a liabilities-to-equity ratio of 0.56 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Apple Hospitality REIT, Inc.'s return on assets (ROA)?

Apple Hospitality REIT, Inc. (APLE) had a return on assets of 3.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Apple Hospitality REIT, Inc.'s P/E ratio?

Apple Hospitality REIT, Inc. (APLE) trades at 25.1x earnings, its market capitalization divided by $175.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.4B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Apple Hospitality REIT, Inc.'s price-to-sales ratio?

Apple Hospitality REIT, Inc. (APLE) trades at 3.0x sales, its market capitalization divided by $1.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.4B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Apple Hospitality REIT, Inc.'s Piotroski F-Score?

Apple Hospitality REIT, Inc. (APLE) has a Piotroski F-Score of 5 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 Apple Hospitality REIT, Inc.'s earnings high quality?

Apple Hospitality REIT, Inc. (APLE) has an earnings quality ratio of 2.11x, considered cash-backed (high quality). 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 Apple Hospitality REIT, Inc.?

Apple Hospitality REIT, Inc. (APLE) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is the average 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. For Apple Hospitality REIT, Inc. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. 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.