MARKETS / NYSE / Real estate / Real estate investment trusts / APLE

NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Apple Hospitality Reit, Inc. APLE

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$1.4B

▼ 1.3% YoY

Net income

$175.4M

▼ 18.1% YoY

Free cash flow

$282.0M

▼ 13.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Apple Hospitality REIT, Inc. invests in income-producing real estate, primarily in the lodging sector, in the United States, operating as a self-advised real estate investment trust. As of December 31, 2025, the company owned 217 hotels with an aggregate of 29,583 guest rooms located in urban, high-end suburban and developing markets throughout 37 states and the District of Columbia, and substantially all of its hotels operated under Marriott or Hilton brands. As of December 31, 2025, the hotels were operated and managed under separate management agreements with one of 16 hotel management companies, none of which are affiliated with the company. As of December 31, 2025, the company had 64 team members. The company has no foreign operations or assets, and its operating structure includes only one reportable segment. Apple Hospitality REIT, Inc. was formed in November 2007 as a Virginia corporation.

Written from the business description in Apple Hospitality REIT, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.4B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.4 · Net income 0.2

1.0B2.0B-0.1B-0.2B

2009201220152018202120242025

Compound annual growth

Revenue

+4.5%

+18.6%

+4.6%

+15.6%

Net income

+6.6%

+4.1%

+17.2%

EPS, diluted

+5.5%

+1.3%

Dividend / share

+8.1%

+36.9%

−2.8%

Returned to shareholders

+28.1%

+29.6%

−4.4%

+6.4%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +18.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

12 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 18.3% · Net 12.4%

10%20%-10%-20%

200920172025

ROE

FY2025 · ROE 5.5%

5%-2%-4%

200920172025

Three returns, three denominators.

Return on equity5.5%

Return on assets3.6%

Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Gross margin40.0%

Operating margin18.3%

Net margin12.4%

EBITDA·

Each USD of equity produced 5 cents of profit this year.

Cash & shareholders

USD 298.7M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 282.0

150M300M

200920172025

Net buybacks $M Dividends $M

FY2025 · Dividends 240.4 · Net buybacks 58.3

200M400MDividendsNet buybacks

200920112013201520172019202120232025

Dividends paidUSD 240.4M

Net buybacksUSD 58.3M

Share of profit170.3%

Consecutive raises·

USD 240.4M in dividends and USD 58.3M in buybacks — 170% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 4.9B

EquityUSD 3.1B

CashUSD 8.5M

Gross debtUSD 1.5B

Net debtUSD 1.5B

Net debt stands at 49% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data

APLE, 17-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	1.4	1.4	1.3	1.2	0.9	0.6	1.3	1.3	1.2	1.0	0.9	0.8	0.4	0.4	0.3	0.2	0.1
Operating income $B	0.3	0.3	0.2	0.2	0.1	−0.1	0.2	0.3	0.2	0.2	0.1	0.0	0.1	0.1	0.1	−0.0	0.0
EBITDA $B	◌	◌	◌	◌	◌	◌	◌	0.4	0.4	0.3	0.3	0.1	0.1	0.1	0.1	0.0	0.0
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	◌	◌
Net income $B	0.2	0.2	0.2	0.1	0.0	−0.2	0.2	0.2	0.2	0.1	0.1	0.0	0.1	0.1	0.1	0.0	0.0
Free cash flow $B	0.3	0.3	0.3	◌	◌	◌	0.3	0.3	0.2	0.3	0.0	◌	◌	◌	◌	◌	◌
EPS, diluted $	0.74	0.89	0.77	0.63	0.08	−0.77	0.77	0.90	0.82	0.76	0.65	0.04	1.26	0.41	0.38	0.12	0.26
Dividend / sh $	0.96	1.01	1.01	0.76	0.04	0.20	1.20	1.20	1.20	1.20	1.27	1.39	1.66	0.85	0.88	0.88	0.88
Payout %	137	114	134	96	36	−39	156	134	147	158	195	3416	132	205	229	727	340
ROE %	5.5	6.5	5.5	4.6	0.6	−5.5	5.1	5.9	5.1	4.7	4.1	0.3	8.7	5.2	4.4	1.3	1.8
Shares out B	0.24	0.24	0.24	0.23	0.23	0.22	0.22	0.22	0.23	0.22	0.17	0.37	0.18	0.18	0.18	0.18	◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

BN · CBRE · JLL · WELL · AMT · CWK

Provenance

Company facts, as filed

How we verify · 0 failures in 49 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Three checks were skipped: the share count is not tagged before 2010. Three checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: cost of revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityReal Estate Investment Trusts

Listed onNYSE

Incorporated inVirginia

Fiscal year endsDecember 31

Data on record since2009

Apple Hospitality Reit, Inc. APLE

What this company does

Growth↗ Share

Profitability↗ Share

Cash & shareholders↗ Share

The 17-year record

Other companies filing in the same sector

Company facts, as filed

Growth

Profitability

Cash & shareholders