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Screener / SEC EDGAR /CIK 0001418121 /10-K filed Feb 23, 2026, compared with Feb 24, 2025 /Numbers from the XBRL of the 10-Ks
NYSE Real estate · REIT

Apple Hospitality REIT, Inc. APLE

APLE quote by TradingView
Compare with peers Embed
FY2025 at a glance

Sales down 1.3%, free cash flow down to $282.0M

XBRL, from each 10-K
RevenueStatements
$1.4B from $1.4B in FY2024
FY2016FY2025
Net incomeStatements
$175.4M from $214.1M in FY2024
FY2016FY2025
Free cash flowStatements
$282.0M from $327.1M in FY2024
FY2016FY2025
EPS (diluted)Statements
$0.74 from $0.89 in FY2024
FY2016FY2025
Operating marginStatements
18.3% from 20.5% in FY2024
FY2016FY2025
Total debtStatements
$1.5B from $1.5B in FY2024
FY2016FY2025

The latest figures

Price and key numbers

From EDGAR
All key numbers (36)
EPS (ttm)
0.79
Sales (ttm)
1.5B
Net income (ttm)
184.9M
Sales growth
-1.3%
EPS growth
-16.9%
Sales Q/Q
+6.5%
Free cash flow
298.9M
Gross margin
40.7%
Oper. margin
18.3%
Net margin
12.6%
FCF margin
20.4%
ROE
5.9%
ROA
3.8%
R&D / sales
-
Dividend
1.01
Debt/Eq
0.47
Curr. ratio
-
Cash
42.7M
Op. cash flow (ttm)
395.3M
EBITDA
450.4M
EBITDA margin
31.9%
Net debt
1.4B
ROIC
5.5%
Payout ratio
136.5%
Debt / FCF (years)
5.24
Oper. margin low 5y
9.3%
Tax rate
0.5%
Shares out.
236.1M
Shares Y/Y
-1.4%
Book / share
13.35
Cash / share
0.18
Sales / share
6.21
Asset turnover
0.30
Sales 3Y CAGR
+4.5%
Sales 5Y CAGR
+18.6%
EPS 3Y CAGR
+5.5%

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

Revenue and net income, FY2016 to FY2025

Each fiscal year from its own 10-K · XBRL

Revenue 1.4B +3.4% a year Net income 175.4M +2.2% a year
FY2016 revenue 1.0B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001185185-19-000277 FY2016 net income 144.7M · NetIncomeLoss, 0001185185-19-000277 1.0B FY2016 FY2017 revenue 1.2B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001185185-20-000213 FY2017 net income 182.5M · NetIncomeLoss, 0001185185-20-000213 1.2B FY2017 FY2018 revenue 1.3B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001564590-21-007573 FY2018 net income 206.1M · NetIncomeLoss, 0001564590-21-007573 1.3B FY2018 FY2019 revenue 1.3B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001564590-22-005942 FY2019 net income 171.9M · NetIncomeLoss, 0001564590-22-005942 1.3B FY2019 FY2020 revenue 601.9M · RevenueFromContractWithCustomerExcludingAssessedTax, 0000950170-23-003449 FY2020 net income -173.2M · NetIncomeLoss, 0000950170-23-003449 601.9M FY2020 FY2021 revenue 933.9M · RevenueFromContractWithCustomerExcludingAssessedTax, 0000950170-24-018793 FY2021 net income 18.8M · NetIncomeLoss, 0000950170-24-018793 933.9M FY2021 FY2022 revenue 1.2B · RevenueFromContractWithCustomerExcludingAssessedTax, 0000950170-25-025638 FY2022 net income 144.8M · NetIncomeLoss, 0000950170-25-025638 1.2B FY2022 FY2023 revenue 1.3B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001193125-26-064008 FY2023 net income 177.5M · NetIncomeLoss, 0001193125-26-064008 1.3B FY2023 FY2024 revenue 1.4B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001193125-26-064008 FY2024 net income 214.1M · NetIncomeLoss, 0001193125-26-064008 1.4B FY2024 FY2025 revenue 1.4B · RevenueFromContractWithCustomerExcludingAssessedTax, 0001193125-26-064008 FY2025 net income 175.4M · NetIncomeLoss, 0001193125-26-064008 1.4B FY2025

From XBRL in each 10-K. Hover a bar for the line item and filing. "A year" is the steady yearly growth from FY2016 to FY2025 (9 years).

Growth per share, FY2015 to FY2025

Earnings, book value and free cash flow for each diluted share · 10-K XBRL, every year linked to its filing

Average yearly growth
Earnings per share +74.4% a year FY2021 $0.08 to FY2025 $0.74, 4 years
Book value per share -0.5% a year FY2020 $13.55 to FY2025 $13.24, 5 years
Fiscal year toEPS (diluted)Book value / shareFree cash flow / share
Dec 31, 2025 $0.74$13.24$1.19
Dec 31, 2024 $0.89$13.54$1.36
Dec 31, 2023 $0.77$14.49$1.41
Dec 31, 2022 $0.63$13.88-
Dec 31, 2021 $0.08$13.90-
Dec 31, 2020 -$0.77$13.55-
Dec 31, 2019 ---
Dec 31, 2018 ---
Dec 31, 2017 ---
Dec 31, 2016 ---
Dec 31, 2015 ---

Per share means per diluted weighted-average share of the same fiscal year (the count under diluted EPS, put on today's share count after a split). Book value is shareholders' equity at the year end, including any preferred stock; free cash flow is operating cash flow less capital spending. Each tile's rate is the steady yearly growth from the first to the last year it names: the window starts at the oldest year, up to ten years back, with a value above zero.

What the balance sheet holds, per share

Net current asset value and tangible book value, FY2025 · 10-K XBRL, no share price used

Tangible book value $13.24 a share $3.1B in all: equity less goodwill and other intangibles
Tangible book value, FY2025, in dollars
  • + Shareholders' equity $3.1B
  • = Tangible book value $3.1B
Per share, year by year

Net current asset value is current assets minus all liabilities (the long-term ones too), so it is what would be left from the short-term assets after everything owed is paid; it is blank for a bank, which reports no current assets. Tangible book value is shareholders' equity minus goodwill and other intangible assets; equity includes any preferred stock. Both are divided by the diluted weighted-average share count of the same fiscal year. Red bars are amounts taken off, or a negative result.

APLE against Real estate peers

Among the 97 companies, the better end on the right. The band holds the middle half; the line is the median.

Ten years, side by side
Sales growth
+1.3%+10.4%
-1.3%74th of 89 · median +6.1%
Net margin
5.9%35.6%
12.6%53rd of 90 · median 19.9%
Return on equity
2.5%11.3%
5.9%54th of 93 · median 7.0%
Free cash flow margin
0.5%36.0%
20.4%11th of 29 · median 12.3%
Debt / equity (less is better)
1.340.53
0.4716th of 74 · median 0.85
APLE and the 5 peers closest in revenue
CompanyRevenue (ttm)Sales growthFYGross marginttmNet marginttmROEttmFCF marginttmDebt / equitylatest
APLE Apple Hospitality REIT, Inc.$1.5B -1.3%40.7%12.6%5.9%20.4%0.47
GLPI Gaming & Leisure Properties, Inc.$1.6B --58.6%18.9%-1.63
REG Regency Centers$1.6B +6.9%-34.5%7.9%-0.73
ELS Equity Lifestyle Properties Inc$1.6B +0.3%-24.8%22.4%-1.91
CPT Camden Property Trust$1.6B +1.9%-71.9%24.6%-1.06
BRX Brixmor Property Group Inc.$1.4B +6.7%-30.0%14.1%-1.76
All 97 companies in the group

Where each dollar goes

Revenue through the costs to the net profit, from the 10-K income statement and revenue by product

From $933.9M of sales to $18.8M of profit FY2021

  • Room $871.4M
  • Other $40.4M
  • Food and Beverage $22.0M
Revenue to Gross profit: $391.7MRevenue to Cost of revenue: $542.2MGross profit to Operating profit: $87.0MGross profit to Operating expenses: $304.6MOperating profit to Net profit: $18.8MOperating profit to Tax & other: $68.2M Revenue: $933.9M REVENUE $933.9M +55% Y/Y Gross profit: $391.7M · 42% margin GROSS PROFIT $391.7M 42% margin Cost of revenue: $542.2M · 58% of revenue COST OF REVENUE $542.2M 58% of revenue Operating profit: $87.0M · 9% margin OPERATING PROFIT $87.0M 9% margin Operating expenses: $304.6M · 33% of revenue OPERATING EXPENSES $304.6M 33% of revenue Net profit: $18.8M · 2% margin NET PROFIT $18.8M 2% margin Tax & other: $68.2M · 7% of revenue TAX & OTHER $68.2M 7% of revenue

From $1.2B of sales to $144.8M of profit FY2022

  • Room $1.1B
  • Other $53.0M
  • Food and Beverage $46.0M
Revenue to Gross profit: $527.9MRevenue to Cost of revenue: $710.5MGross profit to Operating profit: $206.5MGross profit to Operating expenses: $321.5MOperating profit to Net profit: $144.8MOperating profit to Tax & other: $61.7M Revenue: $1.2B REVENUE $1.2B +33% Y/Y Gross profit: $527.9M · 43% margin GROSS PROFIT $527.9M 43% margin Cost of revenue: $710.5M · 57% of revenue COST OF REVENUE $710.5M 57% of revenue Operating profit: $206.5M · 17% margin OPERATING PROFIT $206.5M 17% margin · +137% Y/Y Operating expenses: $321.5M · 26% of revenue OPERATING EXPENSES $321.5M 26% of revenue Net profit: $144.8M · 12% margin NET PROFIT $144.8M 12% margin · +669% Y/Y Tax & other: $61.7M · 5% of revenue TAX & OTHER $61.7M 5% of revenue

From $1.3B of sales to $177.5M of profit FY2023

  • Room $1.2B
  • Other $60.7M
  • Food and Beverage $57.0M
Revenue to Gross profit: $563.1MRevenue to Cost of revenue: $780.7MGross profit to Operating profit: $247.5MGross profit to Operating expenses: $315.6MOperating profit to Net profit: $177.5MOperating profit to Tax & other: $70.0M Revenue: $1.3B REVENUE $1.3B +9% Y/Y Gross profit: $563.1M · 42% margin GROSS PROFIT $563.1M 42% margin Cost of revenue: $780.7M · 58% of revenue COST OF REVENUE $780.7M 58% of revenue Operating profit: $247.5M · 18% margin OPERATING PROFIT $247.5M 18% margin · +20% Y/Y Operating expenses: $315.6M · 23% of revenue OPERATING EXPENSES $315.6M 23% of revenue Net profit: $177.5M · 13% margin NET PROFIT $177.5M 13% margin · +23% Y/Y Tax & other: $70.0M · 5% of revenue TAX & OTHER $70.0M 5% of revenue

From $1.4B of sales to $214.1M of profit FY2024

  • Room $1.3B
  • Other $67.1M
  • Food and Beverage $65.8M
Revenue to Gross profit: $593.6MRevenue to Cost of revenue: $837.9MGross profit to Operating profit: $292.8MGross profit to Operating expenses: $300.8MOperating profit to Net profit: $214.1MOperating profit to Tax & other: $78.7M Revenue: $1.4B REVENUE $1.4B +7% Y/Y Gross profit: $593.6M · 41% margin GROSS PROFIT $593.6M 41% margin Cost of revenue: $837.9M · 59% of revenue COST OF REVENUE $837.9M 59% of revenue Operating profit: $292.8M · 20% margin OPERATING PROFIT $292.8M 20% margin · +18% Y/Y Operating expenses: $300.8M · 21% of revenue OPERATING EXPENSES $300.8M 21% of revenue Net profit: $214.1M · 15% margin NET PROFIT $214.1M 15% margin · +21% Y/Y Tax & other: $78.7M · 5% of revenue TAX & OTHER $78.7M 5% of revenue

From $1.4B of sales to $175.4M of profit FY2025

  • Room $1.3B
  • Other $68.3M
  • Food and Beverage $65.7M
Revenue to Gross profit: $565.1MRevenue to Cost of revenue: $847.3MGross profit to Operating profit: $257.8MGross profit to Operating expenses: $307.3MOperating profit to Net profit: $175.4MOperating profit to Tax & other: $82.4M Revenue: $1.4B REVENUE $1.4B −1% Y/Y Gross profit: $565.1M · 40% margin GROSS PROFIT $565.1M 40% margin Cost of revenue: $847.3M · 60% of revenue COST OF REVENUE $847.3M 60% of revenue Operating profit: $257.8M · 18% margin OPERATING PROFIT $257.8M 18% margin · −12% Y/Y Operating expenses: $307.3M · 22% of revenue OPERATING EXPENSES $307.3M 22% of revenue Net profit: $175.4M · 12% margin NET PROFIT $175.4M 12% margin · −18% Y/Y Tax & other: $82.4M · 6% of revenue TAX & OTHER $82.4M 6% of revenue

Where each $100 of sales went

FY2021
FY2022
FY2023
FY2024
FY2025
  • Cost of revenue
  • Sales, admin & other
  • Tax & other
  • Net profit

Band widths are the money. Gross profit is revenue less cost of revenue; operating expenses are gross profit less operating profit; R&D is from the income statement and the rest of the operating expenses is everything else; tax includes interest and other items when they are small. Y/Y is the change from the fiscal year before. Revenue by part only for the years in the last two 10-Ks' segment tables. The full income statement

Where the return on equity comes from

DuPont: net margin × asset turnover × leverage, FY2025 against FY2020 · 10-K XBRL, year-end balances

Return on equity 5.6% FY2020: -5.7% net income ÷ equity
Net margin 12.4% FY2020: -28.8% profit per $ of sales: 175.4M ÷ 1.4B
Asset turnover 0.29× FY2020: 0.12× sales per $ of assets: 1.4B ÷ 4.9B
Leverage 1.56× FY2020: 1.59× assets per $ of equity: 4.9B ÷ 3.1B

The three parts multiply to the return on equity. A higher return from leverage alone means more debt or less equity (buybacks shrink equity), not a better business. Year-end balances as filed, not averages, so each number is one line of one 10-K; hover a box for its XBRL tags.

Profitability

  • Net margin below the peer median
    12.6% vs 19.9%
  • Return on equity below 15%
    5.9%
  • A profit in 9 of 10 years
Net margin, FY2016 to FY2025: 13.9% to 12.4%

Balance sheet

  • Debt smaller than equity
    Debt / equity 0.47 on the latest balance sheet (peer median 0.85)
  • Net debt over 3 years of free cash flow
    $1.4B net debt, 4.8 years
Debt / equity at each year end, FY2016 to FY2025: 0.37 to 0.49

Cash and shareholders

  • Free cash flow positive in every one of 3 years
    $282.0M last year
  • Share count up over 5 years
    +6.4%
  • Dividend per share up over 5 years
    $0.30 → $1.01
  • Cash from operations above net income
    $370.2M vs $175.4M
Free cash flow, FY2016 to FY2025: 322.2M to 282.0M

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

$660.0M of principal due, schedule of Sep 30, 2026

Debt

Repayment schedule

From the balance sheet in the latest 10-K or 10-Q (XBRL). When each part falls due, year by year, and the debt note's own lines are on the Debt tab.

Income statement, balance sheet and cash flow

Statements · XBRL, each 10-K and 10-Q

From EDGAR

APLE's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year, the last 10. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly All 17 years · Pro
Revenue1.4B
FY2016: 1.0BFY2017: 1.2BFY2018: 1.3BFY2019: 1.3BFY2020: 601.9MFY2021: 933.9MFY2022: 1.2BFY2023: 1.3BFY2024: 1.4BFY2025: 1.4B FY2017FY2019FY2021FY2023FY2025
Net income175.4M
FY2016: 144.7MFY2017: 182.5MFY2018: 206.1MFY2019: 171.9MFY2020: -173.2MFY2021: 18.8MFY2022: 144.8MFY2023: 177.5MFY2024: 214.1MFY2025: 175.4M FY2017FY2019FY2021FY2023FY2025
Free cash flow282.0M
FY2016: -FY2017: -FY2018: -FY2019: -FY2020: -FY2021: -FY2022: -FY2023: 322.2MFY2024: 327.1MFY2025: 282.0M FY2017FY2019FY2021FY2023FY2025
EPS (diluted)0.74
FY2016: 0.76FY2017: 0.82FY2018: 0.90FY2019: 0.77FY2020: -0.77FY2021: 0.08FY2022: 0.63FY2023: 0.77FY2024: 0.89FY2025: 0.74 FY2017FY2019FY2021FY2023FY2025
Dividend per share1.01
FY2016: 1.20FY2017: 1.20FY2018: 1.20FY2019: 1.20FY2020: 0.30FY2021: 0.04FY2022: 0.76FY2023: 1.04FY2024: 1.01FY2025: 1.01 FY2017FY2019FY2021FY2023FY2025
Diluted shares237.8M
FY2016: -FY2017: -FY2018: -FY2019: -FY2020: 223.5MFY2021: 226.4MFY2022: 228.9MFY2023: 229.3MFY2024: 241.3MFY2025: 237.8M FY2017FY2019FY2021FY2023FY2025

Revenue by product or service

year to Dec 31, 2025
RevenueSharevs year before
Room 1.3B90.5% -1.5%
Other 68.3M4.8% +1.7%
Food and Beverage 65.7M4.7% -0.2%

10-K 0001193125-26-064008, segment and revenue notes (XBRL).

Income statement

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue1.0B1.2B1.3B1.3B601.9M933.9M1.2B1.3B1.4B1.4B
Cost of revenue582.8M697.4M715.9M724.4M402.3M542.2M710.5M780.7M837.9M847.3M
SG&A17.0M26.3M24.3M36.2M29.4M41.0M42.5M47.4M42.5M32.3M
Operating income185.1M230.7M257.9M233.8M-102.0M87.0M206.5M247.5M292.8M257.8M
Pretax income145.1M183.3M206.7M172.6M-172.9M19.3M146.7M178.6M215.0M176.3M
Income tax431K847K587K679K332K468K1.9M1.1M947K959K
Net income144.7M182.5M206.1M171.9M-173.2M18.8M144.8M177.5M214.1M175.4M
EPS (diluted)0.760.820.900.77-0.770.080.630.770.890.74
Diluted shares----223.5M226.4M228.9M229.3M241.3M237.8M
Depreciation & amortization148.2M176.5M183.5M193.2M199.8M184.5M181.7M183.2M190.6M192.6M
EBITDA333.3M407.2M441.3M427.0M97.7M271.5M388.2M430.7M483.4M450.4M
Operating margin17.8%18.6%20.3%18.5%-17.0%9.3%16.7%18.4%20.5%18.3%
Net margin13.9%14.7%16.2%13.6%-28.8%2.0%11.7%13.2%15.0%12.4%
Revenue growth+15.9%+19.0%+2.6%-0.3%-52.5%+55.2%+32.6%+8.5%+6.5%-1.3%
EPS growth+16.9%+7.9%+9.8%-14.4%to a loss-+688%+22.2%+15.6%-16.9%

Balance sheet

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash00005.6M3.3M4.1M10.3M10.3M8.5M
Total assets5.0B4.9B4.9B4.9B4.8B4.8B4.8B4.9B5.0B4.9B
Total debt1.3B1.2B1.4B1.3B1.5B1.4B1.4B1.4B1.5B1.5B
Total liabilities1.5B1.3B1.5B1.7B1.8B1.6B1.6B1.6B1.7B1.8B
Shareholders' equity3.5B3.6B3.4B3.3B3.0B3.1B3.2B3.3B3.3B3.1B

Cash flow

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow331.2M384.1M404.8M381.7M26.7M217.6M368.4M399.0M405.4M370.2M
Capital spending-------76.8M78.3M88.2M
Free cash flow-------322.2M327.1M282.0M
Dividends paid229.1M267.9M275.9M268.7M67.4M6.8M139.5M238.3M243.7M240.4M
Buybacks7.9M0104.3M4.3M14.3M-2.7M6.9M34.7M58.3M
Acquisitions82.3M00-------
Debt raised94.0M---------
Debt repaid207.7M39.9M12.7M33.8M44.3M70.7M168.8M46.2M28.7M70.0M
Investing cash flow-162.2M-158.3M-210.2M-14.3M-82.3M-150.7M-135.9M-364.6M-215.7M-135.4M
Financing cash flow-162.2M-225.4M-190.8M-366.3M55.2M-61.3M-229.0M-34.3M-189.2M-239.5M
Dividend per share1.201.201.201.200.300.040.761.041.011.01

Stock-based pay and leases

From EDGAR
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating lease cost---1.7M1.5M1.6M1.8M1.8M1.9M1.9M
Operating lease cash paid---1.3M1.3M1.1M1.2M1.1M1.1M1.1M
Finance lease principal paid-----24.0M173K340K515K703K
Right-of-use assets---28.3M27.2M27.1M26.3M25.4M24.3M23.3M
Operating lease liabilities---12.1M11.6M12.0M11.8M11.4M11.0M10.5M
Finance lease liabilities--0216.6M220.0M111.8M112.0M111.9M111.6M111.1M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

Sources

Every figure is from the company's XBRL filed with each 10-K and 10-Q (data.sec.gov). Hover a number for its line item; click it to open the filing.

Also

Company numbers: the figures the company reports beyond the statements. Peers: ten years, side by side.

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