Apple Hospitality REIT Inc

APLE · NYSE · Real Estate / REIT - Hotel & Motel

19.46USD-0.01 (-0.05%)

Price History

Full chart

Market Stats

Previous Close19.47

Open19.43

Day Range19.26 – 19.64

52-Week Range10.22 – 17.20

Volume1.57M

Market Cap3.80B

P/E (TTM)21.48

Forward P/E23.47

EPS0.75

Dividend Yield5.96%

Beta0.87

50-Day Avg16.16

200-Day Avg14.01

About

Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 216 hotels with approximately 29,500 guest rooms located in 83 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 114 Hilton-branded hotels, 96 Marriott-branded hotels, five Hyatt-branded hotels and one independent hotel. Apple Hospitality REIT, Inc. was established on 8 November, 2007 and was incorporated in Virginia.

Company Details

SectorReal Estate
IndustryREIT - Hotel & Motel
CEOMr. Justin G. Knight
Employees64
Headquarters814 East Main Street, Richmond, VA, United States, 23219-3306, USA
Websitehttps://www.applehospitalityreit.com

Leadership

Mr. Glade M. KnightExecutive Chairman & Director · b. 1944
Mr. Justin G. KnightCEO & Director · b. 1973
Mr. Nelson G. KnightPresident of Real Estate & Investments · b. 1982
Ms. Elizabeth S. PerkinsCFO, Senior VP & Principal Accounting Officer · b. 1983
Ms. Karen Catherine GallagherSenior VP & COO · b. 1978
Ms. Kelly Campbell ClarkeVice President of Investor Relations
Mr. Matthew P. RashSenior VP, CLO & Secretary · b. 1979
Ms. Jeanette A. ClarkeSenior VP & Chief Capital Investment Officer · b. 1982

Financials

Income Statement

Currency: USD	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	11.50M	85.21M	160.13M	320.50M	365.59M	387.99M	803.90M	898.31M	1.04B	1.24B	1.27B	1.27B	601.88M	933.87M	1.24B	1.34B	1.43B	1.41B
Growth (%)	-	+640.92%	+87.94%	+100.14%	+14.07%	+6.13%	+107.19%	+11.75%	+15.89%	+18.98%	+2.58%	-0.31%	-52.48%	+55.16%	+32.61%	+8.51%	+6.52%	-1.33%
Cost of Revenue	5.30M	50.58M	107.56M	176.89M	227.72M	208.22M	519.38M	563.10M	671.38M	800.80M	696.10M	685.83M	480.52M	614.16M	783.39M	860.03M	922.25M	1.32B
Gross Profit	6.20M	34.63M	52.57M	143.61M	137.87M	146.92M	299.61M	335.21M	390.92M	460.52M	468.62M	464.68M	121.36M	319.71M	455.03M	483.77M	509.21M	90.08M
Gross Margin	53.91%	40.64%	32.83%	44.81%	37.71%	37.87%	37.27%	37.32%	37.55%	37.18%	36.88%	36.69%	20.16%	34.24%	36.74%	36.00%	35.57%	6.38%
Operating Expense	6.40M	25.85M	35.38M	88.02M	62.44M	64.17M	267.29M	199.18M	205.66M	246.13M	210.76M	230.90M	223.40M	232.67M	248.55M	236.29M	216.46M	-160.33M
Operating Income	-200.00K	8.78M	17.19M	55.59M	75.43M	82.74M	32.33M	136.03M	185.26M	214.39M	257.86M	233.79M	-102.04M	87.04M	206.48M	247.48M	292.76M	250.41M
Operating Margin	-1.74%	10.31%	10.73%	17.35%	20.63%	21.33%	4.02%	15.14%	17.80%	17.31%	20.29%	18.46%	-16.95%	9.32%	16.67%	18.42%	20.45%	17.73%
EBITDA	2.08M	24.72M	48.46M	110.68M	129.34M	146.61M	145.44M	315.66M	373.88M	434.18M	441.34M	427.03M	97.75M	271.51M	388.18M	430.72M	483.36M	458.45M
EBITDA Margin	18.11%	29.01%	30.26%	34.53%	35.38%	37.79%	18.09%	35.14%	35.92%	35.05%	34.74%	33.71%	16.24%	29.07%	31.34%	32.05%	33.77%	32.46%
Net Income	2.20M	16.85M	16.26M	69.99M	75.48M	115.22M	6.83M	117.29M	144.65M	182.49M	206.09M	171.92M	-173.21M	18.83M	144.81M	177.49M	214.06M	175.36M
Net Income Margin	19.13%	19.78%	10.15%	21.84%	20.65%	29.70%	0.85%	13.06%	13.90%	14.73%	16.22%	13.57%	-28.78%	2.02%	11.69%	13.21%	14.95%	12.42%
R&D	-	-	-	0	0	0	0	0	0.14	0.15	0.16	0.14	0.29	0.02	0.12	0.13	-	-
R&D as % of Total Revenue	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	375.00K	1.02M	931.00K	4.37M	6.75M	8.45M	23.52M	33.13M	40.03M	47.34M	51.19M	61.19M	70.83M	67.75M	59.73M	68.86M	77.75M	89.50M
Interest Expense % of Total Revenue	3.26%	1.19%	0.58%	1.36%	1.84%	2.18%	2.93%	3.69%	3.84%	3.82%	4.03%	4.83%	11.77%	7.25%	4.82%	5.12%	5.43%	6.34%

Balance Sheet

Currency: USD	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	431.60M	982.50M	1.75B	1.70B	1.53B	1.49B	3.78B	3.72B	4.98B	4.90B	4.93B	4.94B	4.83B	4.79B	4.77B	4.94B	4.97B	4.90B
Total Liabilities	41.90M	65.10M	111.90M	137.38M	179.88M	179.47M	765.13M	1.08B	1.46B	1.33B	1.52B	1.65B	1.80B	1.64B	1.59B	1.61B	1.70B	1.75B
Total Equity	389.70M	917.40M	1.63B	1.56B	1.35B	1.31B	3.01B	2.65B	3.52B	3.57B	3.41B	3.29B	3.03B	3.15B	3.18B	3.32B	3.27B	3.15B
Cash	75.20M	272.90M	224.11M	30.73M	9.03M	18.10M	32.53M	22.65M	29.43M	29.79M	33.63M	-216.63M	5.56M	3.28M	4.08M	10.29M	10.25M	39.42M
Total Debt	77.25M	117.39M	99.65M	124.12M	166.78M	162.55M	709.57M	1.53B	1.34B	1.22B	1.68B	1.54B	1.70B	1.55B	1.48B	1.48B	1.58B	1.77B
Net Debt	2.05M	-155.51M	-124.46M	93.39M	157.76M	144.45M	709.57M	975.45M	1.31B	1.19B	1.38B	1.54B	1.70B	1.55B	1.47B	1.47B	1.57B	1.73B

Cash Flow

Currency: USD	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	3.30M	29.14M	38.76M	116.04M	122.97M	137.45M	252.19M	281.05M	332.03M	384.74M	404.81M	381.67M	26.73M	217.56M	368.45M	399.04M	405.35M	370.22M
Investing Cash Flow	-315.30M	-341.13M	-786.10M	-166.09M	105.95M	25.45M	-58.40M	-82.28M	-169.84M	-159.29M	-210.16M	-14.32M	-82.26M	-150.68M	-135.91M	-364.63M	-215.71M	-135.38M
Financing Cash Flow	387.20M	509.71M	698.54M	-143.33M	-250.62M	-153.82M	-211.88M	-198.77M	-162.20M	-225.45M	-190.81M	-366.32M	55.24M	-61.30M	-228.97M	-34.31M	-189.19M	-239.49M
Capital Expenditure	311.10M	0	22.74M	15.73M	16.53M	22.50M	67.99M	62.26M	65.13M	63.30M	74.29M	74.90M	48.56M	18.31M	59.38M	72.07M	80.34M	87.41M
Free Cash Flow	-307.80M	29.14M	16.02M	116.04M	106.44M	114.94M	184.20M	218.79M	266.91M	321.44M	330.52M	306.78M	-21.83M	199.25M	309.07M	326.98M	325.01M	282.81M
Dividends Paid	13.00M	57.33M	118.13M	160.40M	291.09M	151.59M	233.41M	229.13M	229.06M	267.92M	275.89M	268.67M	67.38M	6.80M	139.47M	238.28M	243.72M	240.42M
FCF to OCF	-9327.27%	100.00%	41.34%	100.00%	86.56%	83.63%	73.04%	77.85%	80.39%	83.55%	81.65%	80.38%	-81.68%	91.58%	83.88%	81.94%	80.18%	76.39%
Dividend Paid to FCF	-4.22%	196.76%	737.27%	138.22%	273.48%	131.88%	126.72%	104.72%	85.82%	83.35%	83.47%	87.58%	-308.63%	3.41%	45.12%	72.87%	74.99%	85.01%

Earnings

Report Date	May 18, 2015	Aug 6, 2015	Nov 5, 2015	Feb 25, 2016	May 5, 2016	Aug 8, 2016	Nov 7, 2016	Feb 27, 2017	May 4, 2017	Aug 7, 2017	Nov 6, 2017	Feb 22, 2018	May 7, 2018	Aug 6, 2018	Nov 5, 2018	Feb 25, 2019	May 8, 2019	Aug 5, 2019	Nov 4, 2019	Feb 24, 2020	May 18, 2020	Aug 6, 2020	Nov 5, 2020	Feb 23, 2021	May 6, 2021	Aug 5, 2021	Nov 4, 2021	Feb 22, 2022	May 5, 2022	Aug 4, 2022	Nov 7, 2022	Feb 21, 2023	May 2, 2023	Aug 3, 2023	Nov 7, 2023	Feb 22, 2024	May 6, 2024	Aug 5, 2024	Nov 4, 2024	Feb 20, 2025	May 1, 2025	Aug 6, 2025	Nov 3, 2025	Feb 23, 2026	May 4, 2026	Aug 5, 2026	Nov 5, 2026
EPS Estimate	-	-	0.26	0.17	0.18	0.31	0.24	0.19	0.19	0.32	0.30	0.17	0.19	0.31	0.28	0.14	0.18	0.31	0.24	0.10	-0.02	-0.32	-0.10	-0.14	-0.21	-0.06	0.12	0.06	0.05	0.23	0.24	0.13	0.12	0.28	0.24	0.10	0.15	0.30	0.25	0.11	0.14	0.26	0.22	0.11	0.11	0.50	0.43
EPS Actual	0.24	0.24	0.27	0.16	0.20	0.32	0.30	0.19	0.19	0.31	0.28	-0.01	0.18	0.29	0.27	0.15	0.17	0.28	0.21	0.11	-0.01	-0.35	-0.18	-0.23	-0.16	0.09	0.14	0.06	0.08	0.29	0.25	0.12	0.14	0.29	0.26	0.09	0.15	0.30	0.25	0.12	0.12	0.27	0.20	0.13	0.12	0.52	-
Surprise	-	-	3.85%	-5.88%	11.11%	3.23%	25.00%	0.00%	0.00%	-3.13%	-6.67%	-105.88%	-5.26%	-6.45%	-3.57%	7.14%	-5.56%	-9.68%	-12.50%	10.00%	50.00%	-9.38%	-80.00%	-64.29%	23.81%	250.00%	16.67%	0.00%	60.00%	26.09%	4.17%	-7.69%	16.67%	3.57%	8.33%	-10.00%	0.00%	0.00%	0.00%	7.82%	-14.29%	3.85%	-9.09%	18.18%	9.09%	4.00%	-
Timing	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap3.80B

Enterprise Value5.34B

Trailing P/E21.48

Forward P/E23.47

PEG Ratio0.00

Price / Sales2.64

Price / Book1.19

EPS0.75

Book Value13.30

Revenue (TTM)1.44B

Gross Profit (TTM)618.05M

EBITDA452.89M

Profit Margin12.17%

Operating Margin22.45%

Return on Equity5.53%

Return on Assets3.28%

Shares Outstanding236.08M

Shares Float218.44M

Beta0.87

Dividend Yield5.96%

Dividend Rate0.96

Payout Ratio32.99%

Analyst Ratings

Buy

Based on 8 analystsTarget 17.17

Strong Buy
2
Buy
1
Hold
5

Ownership Breakdown

Institutions: 89.94%
Insiders: 7.12%
Retail / Other: 2.94%

Top Institutional Holders

BlackRock Inc
39.92M16.91%
Vanguard Portfolio Management, LLC
22.06M9.35%
State Street Corp
12.77M5.41%
Vanguard Capital Management, LLC
9.62M4.07%
Fuller & Thaler Asset Management Inc
7.40M3.14%
Citadel Advisors Llc
7.36M3.12%
Geode Capital Management, LLC
6.22M2.64%
The Goldman Sachs Group Inc
5.16M2.18%
Charles Schwab Investment Management Inc
4.91M2.08%
UBS Group AG
4.87M2.06%
T. Rowe Price Associates, Inc.
4.63M1.96%
Delaware Management Holdings Inc
4.40M1.86%
Two Sigma Investments LLC
3.52M1.49%

Top Fund Holders

iShares Core S&P Small-Cap ETF
13.39M5.67%
Vanguard Real Estate Index Investor
8.43M3.57%
Vanguard MStar Total Stk Mkt Idx Invest
6.75M2.86%
FullerThaler Behavioral Sm-Cp Eq R6
6.53M2.77%
iShares Russell 2000 ETF
5.78M2.45%
Vanguard Small Cap Index
4.89M2.07%
Vanguard MStar Small Cap Value Index
3.10M1.31%

Dividends

20269×

0.08Oct 30, 20260.08Aug 31, 20260.08Jul 31, 20260.08Jun 30, 20260.08May 29, 20260.08Apr 30, 20260.08Mar 31, 20260.08Feb 27, 20260.08Jan 30, 2026

202512×

0.08Dec 31, 20250.08Nov 28, 20250.08Oct 31, 20250.08Sep 30, 20250.08Aug 29, 20250.08Jul 31, 20250.08Jun 30, 20250.08May 30, 20250.08Apr 30, 20250.08Mar 31, 20250.08Feb 28, 20250.08Jan 31, 2025

20243×

0.13Dec 31, 20240.08Nov 29, 20240.08Oct 31, 2024

Stock Splits

May 18, 20151:2