Apple Hospitality REIT financials
$16.27−0.49%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.43B | $1.34B | $1.24B | $933.9M | $601.9M | $1.27B | $1.27B | $1.24B | $1.04B |
| Gross profit | $565.1M | $593.6M | $563.1M | $527.9M | $391.7M | $199.6M | $542.2M | $554.6M | $541.2M | $458.2M |
| Gross margin | 40.0% | 41.5% | 41.9% | 42.6% | 41.9% | 33.2% | 42.8% | 43.7% | 43.7% | 44.0% |
| Operating income | $244.7M | $273.0M | $247.5M | $204.7M | $83.4M | -$112.9M | $228.8M | $257.7M | $214.4M | $185.3M |
| Net income | $175.4M | $214.1M | $177.5M | $144.8M | $18.8M | -$173.2M | $171.9M | $206.1M | $182.5M | $144.7M |
| Net margin | 12.4% | 15.0% | 13.2% | 11.7% | 2.0% | −28.8% | 13.6% | 16.2% | 14.7% | 13.9% |
| Diluted EPS | $0.74 | $0.89 | $0.77 | $0.63 | $0.08 | $-0.77 | $0.77 | $0.90 | $0.82 | $0.76 |
| EBITDA | $443.0M | $466.7M | $436.4M | $412.6M | $278.7M | $92.0M | $428.5M | $444.3M | $436.8M | $338.9M |
| Operating cash flow | $370.2M | $405.4M | $399.0M | $368.4M | $217.6M | $26.7M | $381.7M | $404.8M | $384.1M | $331.2M |
| Free cash flow | $166.2M | $127.6M | $35.6M | $224.2M | -$163.2M | -$110.5M | $247.4M | $179.8M | $320.8M | $266.0M |
| Diluted shares | 237.8M | 241.3M | 229.3M | 228.9M | 226.4M | 223.5M | 223.9M | 229.7M | 223.5M | 190.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.5M | $10.3M | $10.3M | $4.1M | $3.3M | $5.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.65B | $1.58B | $1.48B | $1.48B | $1.55B | $1.70B |
| Total assets | $4.90B | $4.97B | $4.94B | $4.77B | $4.79B | $4.83B |
| Total liabilities | $1.75B | $1.70B | $1.61B | $158.8M | $1.64B | $1.80B |
| Shareholders' equity | $3.15B | $3.27B | $3.32B | $4.61B | $3.15B | $3.03B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology