APLE Financials Apple Hospitality Reit, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 41 d ago Overview →

Growth & profitability

Revenue has grown 18.6% per year over the past 5 years.
Operating margin has expanded, at 18.3% in the latest year.
Free cash flow has declined 6.4% per year over the past 5 years.

Financial health

Total debt ($1.5B) exceeds cash ($9M); net debt is $1.5B.
Total debt has grown slower than revenue (0.7% vs 18.6% per year).
Total debt is 3.4× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 137.1% of earnings and 85.3% of free cash flow.
The dividend has grown 29.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$1.4B	$175M	40.0%	18.3%	5.6%	3.6%	$282M	$1.5B	$9M
2024	$1.4B	$214M	41.5%	20.5%	6.6%	4.3%	$327M	$1.5B	$10M
2023	$1.3B	$177M	41.9%	18.4%	5.3%	3.6%	$322M	$1.4B	$10M
2022	$1.2B	$145M	42.6%	16.7%	4.6%	3.0%	—	$1.4B	$4M
2021	$934M	$19M	41.9%	9.3%	0.6%	0.4%	—	$1.4B	$3M
2020	$602M	-$173M	33.2%	-17.0%	-5.7%	-3.6%	—	$1.5B	$6M
2019	$1.3B	$172M	42.8%	18.5%	5.2%	3.5%	—	$1.3B	$0
2018	$1.3B	$206M	43.7%	20.3%	6.0%	4.2%	—	$1.4B	$0
2017	$1.2B	$182M	43.7%	18.6%	5.1%	3.7%	—	$1.2B	$0
2016	$1.0B	$145M	44.0%	17.8%	4.1%	2.9%	—	$1.3B	$0
2015	—	$117M	—	—	4.4%	3.2%	—	$1.0B	$0
2014	—	$7M	—	—	0.2%	0.2%	—	$707M	$0
2013	—	$115M	—	—	8.8%	7.7%	—	$163M	$18M
2012	—	$75M	—	—	5.6%	4.9%	—	$167M	$9M
2011	—	$70M	—	—	4.5%	4.1%	—	$124M	$31M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$403M	$67M	43.5%	21.9%	2.1%	1.4%	$113M	$1.5B	$10M
Mar '26	$338M	$28M	38.7%	14.2%	0.9%	0.6%	$21M	$1.6B	$8M
Dec '25	$326M	$30M	37.2%	15.2%	0.9%	0.6%	$47M	$1.5B	$9M
Sep '25	$374M	$51M	40.6%	19.4%	1.6%	1.0%	$109M	$1.5B	$50M
Jun '25	$384M	$64M	42.6%	22.1%	2.0%	1.3%	$96M	$1.5B	$8M
Mar '25	$328M	$31M	39.0%	15.5%	1.0%	0.6%	$30M	$1.5B	$15M
Dec '24	$333M	$30M	38.6%	15.0%	0.9%	0.6%	$65M	$1.5B	$10M
Sep '24	$379M	$56M	41.9%	20.5%	1.7%	1.1%	$113M	$1.5B	$6M
Jun '24	$390M	$74M	44.6%	24.0%	2.2%	1.5%	$115M	$1.5B	$7M
Mar '24	$330M	$54M	40.1%	21.7%	1.6%	1.1%	$34M	$1.5B	$5M
Dec '23	$312M	$21M	38.8%	12.5%	0.6%	0.4%	—	$1.4B	$10M
Sep '23	$358M	$59M	43.1%	21.3%	1.8%	1.2%	—	$1.4B	$35M
Jun '23	$362M	$65M	44.6%	23.0%	2.1%	1.4%	—	$1.4B	$6M
Mar '23	$311M	$33M	40.5%	15.8%	1.0%	0.7%	—	$1.4B	$6M
Dec '22	$299M	$2M	39.5%	5.8%	0.1%	0.0%	—	$1.4B	$4M
Sep '22	$341M	$59M	43.4%	22.1%	1.8%	1.2%	—	$1.3B	$26M
Jun '22	$338M	$65M	45.9%	23.9%	2.0%	1.4%	—	$1.4B	$2M
Mar '22	$260M	$18M	40.9%	12.6%	0.6%	0.4%	—	$1.4B	$636000
Dec '21	$251M	$13M	40.5%	11.2%	0.4%	0.3%	—	$1.4B	$3M
Sep '21	$277M	$32M	44.5%	17.3%	1.0%	0.7%	—	$1.4B	$39M

Valuation over time

How the market has priced APLE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 25.3× (Mar '23) to 21.0× (Sep '26).
The price-to-sales ratio has fallen from 3.0× (Mar '23) to 2.6× (Sep '26).
The dividend yield has risen from 3.8% (Mar '23) to 6.5% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is APLE growing its revenue and profit?

Over the past 5 years, Apple Hospitality Reit, Inc.'s revenue has grown 18.6% per year. These are computed facts, not advice.

How much debt does APLE have?

As of FY2025, Apple Hospitality Reit, Inc. reported $1.5B of total debt against $9M of cash.

What is APLE's profit margin?

In FY2025, gross margin was 40.0%, operating margin 18.3%, and net margin 12.4%.

What is APLE's P/E ratio?

As of Sep '26, Apple Hospitality Reit, Inc. traded at a price-to-earnings ratio of about 21.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.