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 Aug 9, 2026, 10:17 UTC 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 25.2× (Nov '26).
The price-to-sales ratio has risen from 3.0× (Mar '23) to 3.1× (Nov '26).
The dividend yield has risen from 3.8% (Mar '23) to 5.5% (Nov '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?

Apple Hospitality Reit, Inc.'s P/E (TTM) is 25.17 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the APLE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 25.2× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.