Loading…
Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust that owns largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 217 hotels with approximately 29,600 guest rooms located in 84 markets throughout 37 states and the District of Columbia. Concentrating with industry-leading brands, the Company's hotel portfolio consists of 96 Marriott-branded hotels, 115 Hilton-branded hotels, five Hyatt-branded hotels and one independent hotel. Apple Hospitality REIT, Inc. was established on November 08, 2007 and incorporated in Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $450M | $175M | $283M | 5.6% | -1.3% | -18.1% |
| 2024 | $1.4B | $483M | $214M | $325M | 6.6% | 6.5% | 20.6% |
| 2023 | $1.3B | $431M | $177M | $327M | 5.3% | 8.5% | 22.6% |
| 2022 | $1.2B | $388M | $145M | $309M | 4.6% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,238.42 | 1,343.80 | 1,431.47 | 1,412.39 |
| Cost Of Revenue | - | 783.39 | 860.03 | 922.25 | 937.05 |
| Gross Profit | - | 455.03 | 483.77 | 509.22 | 475.33 |
| Operating Expense | - | 224.16 | 230.64 | 233.14 | 224.92 |
| Operating Income | - | 230.87 | 253.12 | 276.07 | 250.41 |
| EBITDA | - | 388.18 | 430.72 | 483.36 | 450.43 |
| EBIT | - | 206.48 | 247.48 | 292.76 | 257.80 |
| Pretax Income | - | 146.74 | 178.62 | 215.01 | 176.32 |
| Tax Provision | - | 1.94 | 1.14 | 0.95 | 0.96 |
| Net Income | - | 144.80 | 177.49 | 214.06 | 175.36 |
| Net Income Common Stockholders | - | 144.80 | 177.49 | 214.06 | 175.36 |
| Total Expenses | - | 1,007.55 | 1,090.68 | 1,155.40 | 1,161.97 |
| Interest Expense | - | 59.73 | 68.86 | 77.75 | 81.48 |
| Selling General And Administration | - | 42.46 | 47.40 | 42.54 | 32.29 |
| Normalized EBITDA | - | 412.56 | 436.37 | 466.67 | 443.04 |
| Normalized Income | - | 168.87 | 183.08 | 197.38 | 168.05 |
| Market Cap | 3,113.44 | 3,113.44 | 3,113.44 | 3,113.44 | 3,113.44 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Apple Hospitality REIT, Inc.this co. | APLE | $3.1B | 17.75↓ discount | 0.99 | 5.6% | 10.56 |
| Acadia Realty Trust | AKR | $3.5B | 162.21 | 1.23 | 0.8% | 21.69 |
| Blackstone Mortgage Trust, Inc. | BXMT | $3.4B | 30.92 | 0.97 | 3.1% | - |
| Cushman & Wakefield Limited | CWK | $3.3B | 38.12 | 1.72 | 4.5% | 10.70 |
| LXP Industrial Trust | LXP |
| - |
| - |
| - |
| - |
| - |
| - |
| $3.2B |
| 26.43 |
| 1.54 |
| 5.8% |
| 10.46 |
| Curbline Properties Corp. | CURB | $3.0B | 74.46 | 1.55 | 2.1% | 24.85 |
| Urban Edge Properties | UE | $2.7B | 32.46 | 2.36 | 7.3% | 14.89 |
| Highwoods Properties, Inc. | HIW | $2.6B | 16.50 | 1.12 | 6.8% | 10.10 |
| Four Corners Property Trust, Inc. | FCPT | $2.6B | 24.84 | 1.71 | 6.9% | 17.72 |
| Peer Median | - | 31.69 | 1.55 | 5.2% | 14.89 | |