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Apple Hospitality Reit, Inc. (APLE) stock

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NYSE: APLE NYSE Hotel & Resort REITs Next results ~November 5, 2026

B+ Fundamentals grade

Apple Hospitality Reit, Inc. is a US-listed company in the hotel & resort REITs industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$25

Valuation models combined (2)

Base case. Range ~$17–$29. Weighted average of 2 models (funds-from-operations model, dividend discount (growing dividend)), the funds-from-operations model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling4 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds197 adding, 148 cuttingOf 44 active managers that changed their stake, 28 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Apple Hospitality Reit files

Where Apple Hospitality Reit stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.44bn, up 1.2% on a year earlier, against a decline of 0.5% a quarter earlier. Our cash-flow model value is $23.66 a share, against a share price of $18.28.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Apple Hospitality Reit, Inc.'s trailing-twelve-month revenue grew 1.2% year on year, with a free-cash-flow margin of 20.2%. Where it stands out: long-term debt as % of assets of 30.9% ranks 2 of 14 hotel & resort reits companies we cover.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 8% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Strong cash generation. 20.2% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 1.3% in a year, so each share owns more of the business.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.0% over 90 days.

Things to watch

  • Earnings expected to fall. The consensus expects earnings per share to fall 8% next year.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.29 against an average estimate of $0.27: beat by 8.3%
Revenue
$403m, up 4.7% on a year earlier
Share reaction
-3.4% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
net income $152m to $180m (full year 2026); comparable Hotels RevPAR Change 2.25% to 4.25% (full year 2026)
Next report
November 5, 2026; average EPS estimate $0.21

Apple Hospitality Reit's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.8%
  • 1 week+2.7%
  • 1 month+13.6%
  • This year+66.5%
  • 1 year+78.7%
  • 5 years+53.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.4B
Operating margin
17.9%
Net margin
12.2%
EPS (TTM, diluted)
$0.74

Growth

Revenue growth
+1.2%
Change in growth rate
+1.7 pts
Share count change
−1.3%

Earnings

Last results
August 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Announcement
  4. Announcement
  5. Results
  6. Guidance
  7. Announcement
  8. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Apple Hospitality Reit, Inc. as an equity reit, with every model that fits that kind of business. Cost of equity 8.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.73 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. ~$29 ~$25–$36 Primary model, counts double
Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. ~$0.6 ~$13–$27 Left out: out of range vs price (0.03x)
Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. ~$17 ~$15–$21 Included
Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$25 ~$17–$29 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Apple Hospitality Reit, Inc. with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

52 /100

Moderate moat

How hard Apple Hospitality Reit's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 3 / 20

    Net income has been a median 3.5% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 41.8%, moving by 1.9 percentage points (standard deviation) across 9 years.

  • Durability 5 / 20

    Operating margin has been a median 17.5%; its worst year was -6.4%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 10 of 10 years, at a median 24.2% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 5.7% over five years.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $385m and EPS of $0.21 (range $0.19 to $0.25) for the quarter.

Analysts' consensus

Apple Hospitality Reit, Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.81 — $1.5bn +3%
Next $0.75 −8% $1.5bn +2%

Next year's EPS estimate has moved +5.0% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +15.8% on 90 days ago. In the last 30 days, 1 analyst raised Apple Hospitality Reit, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Apple Hospitality Reit, Inc., last 90 days
$0.70 $0.75 $0.80 $0.85 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.70 Current fiscal year, 60 days ago: $0.74 Current fiscal year, 30 days ago: $0.74 Current fiscal year, 7 days ago: $0.77 Current fiscal year, Now: $0.81 $0.81 Next fiscal year, 90 days ago: $0.71 Next fiscal year, 60 days ago: $0.73 Next fiscal year, 30 days ago: $0.73 Next fiscal year, 7 days ago: $0.74 Next fiscal year, Now: $0.75 $0.75

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.70$0.71
60 days ago $0.74$0.73
30 days ago $0.74$0.73
7 days ago $0.77$0.74
Now $0.81$0.75

Earnings against estimates

Apple Hospitality Reit, Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.27 $0.29 +8.3%
Mar 2026 $0.11 $0.12 +9.1%
Dec 2025 $0.10 $0.10 +3.5%
Sept 2025 $0.22 $0.20 −10.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Net income full year 2026 $152m to $180m GAAP Raised
    “Net income $152 Million $180 Million” source
  • Comparable Hotels RevPAR Change full year 2026 2.25% to 4.25% Raised
    “Comparable Hotels RevPAR Change 2.25% 4.25%” source
  • Comparable Hotels Adjusted Hotel EBITDA Margin % full year 2026 33.7% to 34.7% Non-GAAP Raised
    “Comparable Hotels Adjusted Hotel EBITDA Margin % 33.7% 34.7%” source
  • Adjusted EBITDAre full year 2026 $453m to $476m Non-GAAP Raised
    “Adjusted EBITDAre (2) $453 Million $476 Million” source
  • Capital expenditures during 2026 $85m to $95m Raised
    “The Company anticipates investing approximately $85 million to $95 million in capital improvements during 2026, which now includes comprehensive renovation projects for approximately 18 hotels.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

11 analysts, Nov 2026
Buy327%
Hold873%
Sell00%

Monthly trend

  1. Nov 20263811
  2. Oct 20263811
  3. Sep 20263811

Counts of recommendations published by analysts covering Apple Hospitality Reit, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.0%
of tradable shares
Days to cover
5.71
at average volume
Short interest, 1 month
−10%
to October 15, 2026
Held by institutions
90%
of shares
Held by insiders
7.1%
of shares
Employees
64
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +78.7%

$10.45 on October 31, 2025 to $18.67

Apple Hospitality Reit, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.4bn $1.4bn +1.2%
Net margin 12.7% 12.2% −4.3%
P/E multiple 13.8x 25.2x +82.1%
Share count 240m 236m +1.3%

Biggest factor: p/e multiple.

Last 3 years +36.7%

$13.65 on November 3, 2023 to $18.67

Apple Hospitality Reit, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.3bn $1.4bn +9.7%
Net margin 12.2% 12.2% +0.1%
P/E multiple 19.6x 25.2x +28.6%
Share count 229m 236m −3.1%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Apple Hospitality Reit, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
APLE+25%+2%+12%−1%−17%+67%
Industry peers (median)+11%−18%+14%−1%−18%+52%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
APLE50%42%58%50%50%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
APLE−14%−24%−23%−17%−32%−10%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 72% from January 24, 2018 to March 18, 2020. Getting back needed a 255% gain, reached on February 15, 2022, 699 days after the low.

Price behaviour

52-week range
$10.43 – $18.75
From 52-week high
−0.4%
vs 50-day average
+13.6%
vs 200-day average
+30.2%
Volatility (1 year)
22%
Beta vs S&P 500
0.65

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±1.8%
After a week
6 up, 6 down
typical move ±3.3%
After a month
6 up, 6 down
typical move ±5.8%
Apple Hospitality Reit, Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −3.4% −0.4% −5.0% −5.4%
May 4, 2026 +1.6% +0.4% +3.0% +14.1%
February 23, 2026 −1.6% −0.3% +0.2% −4.2%
November 3, 2025 −0.2% −1.0% +5.7% +6.2%
August 6, 2025 +0.4% +0.7% +7.0% +12.0%
May 1, 2025 −0.3% +2.2% −1.4% −0.3%
February 24, 2025 −2.5% −1.0% −0.7% −9.9%
November 4, 2024 +0.5% +1.0% +8.9% +10.1%
August 5, 2024 −3.1% −2.0% −5.4% −2.2%
May 6, 2024 +1.2% +1.1% +1.4% −2.0%
February 22, 2024 +0.3% +2.1% −0.2% +2.2%
November 7, 2023 −6.0% +0.4% −0.2% +1.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Apple Hospitality Reit, Inc.
$1.3B $1.4B $1.4B $1.5B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.3B Revenue (TTM), FY23 Q4: $1.3B Revenue (TTM), FY24 Q1: $1.4B Revenue (TTM), FY24 Q2: $1.4B Revenue (TTM), FY24 Q3: $1.4B Revenue (TTM), FY24 Q4: $1.4B Revenue (TTM), FY25 Q1: $1.4B Revenue (TTM), FY25 Q2: $1.4B Revenue (TTM), FY25 Q3: $1.4B Revenue (TTM), FY25 Q4: $1.4B Revenue (TTM), FY26 Q1: $1.4B Revenue (TTM), FY26 Q2: $1.4B $1.4B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.3B
FY23 Q4 $1.3B
FY24 Q1 $1.4B
FY24 Q2 $1.4B
FY24 Q3 $1.4B
FY24 Q4 $1.4B
FY25 Q1 $1.4B
FY25 Q2 $1.4B
FY25 Q3 $1.4B
FY25 Q4 $1.4B
FY26 Q1 $1.4B
FY26 Q2 $1.4B
Revenue growth, TTM YoY Apple Hospitality Reit, Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 11.8% Revenue growth, TTM YoY, FY23 Q4: 8.5% Revenue growth, TTM YoY, FY24 Q1: 5.6% Revenue growth, TTM YoY, FY24 Q2: 5.9% Revenue growth, TTM YoY, FY24 Q3: 6.0% Revenue growth, TTM YoY, FY24 Q4: 6.5% Revenue growth, TTM YoY, FY25 Q1: 5.0% Revenue growth, TTM YoY, FY25 Q2: 2.4% Revenue growth, TTM YoY, FY25 Q3: 0.6% Revenue growth, TTM YoY, FY25 Q4: -1.3% Revenue growth, TTM YoY, FY26 Q1: -0.5% Revenue growth, TTM YoY, FY26 Q2: 1.2% 1.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 11.8%
FY23 Q4 8.5%
FY24 Q1 5.6%
FY24 Q2 5.9%
FY24 Q3 6.0%
FY24 Q4 6.5%
FY25 Q1 5.0%
FY25 Q2 2.4%
FY25 Q3 0.6%
FY25 Q4 -1.3%
FY26 Q1 -0.5%
FY26 Q2 1.2%
Operating margin (TTM) Apple Hospitality Reit, Inc.
16% 17% 18% 19% 20% 21% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 17.0% Operating margin (TTM), FY23 Q4: 18.4% Operating margin (TTM), FY24 Q1: 19.8% Operating margin (TTM), FY24 Q2: 20.2% Operating margin (TTM), FY24 Q3: 20.0% Operating margin (TTM), FY24 Q4: 20.5% Operating margin (TTM), FY25 Q1: 19.0% Operating margin (TTM), FY25 Q2: 18.5% Operating margin (TTM), FY25 Q3: 18.2% Operating margin (TTM), FY25 Q4: 18.3% Operating margin (TTM), FY26 Q1: 17.9% Operating margin (TTM), FY26 Q2: 17.9% 17.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 17.0%
FY23 Q4 18.4%
FY24 Q1 19.8%
FY24 Q2 20.2%
FY24 Q3 20.0%
FY24 Q4 20.5%
FY25 Q1 19.0%
FY25 Q2 18.5%
FY25 Q3 18.2%
FY25 Q4 18.3%
FY26 Q1 17.9%
FY26 Q2 17.9%
FCF margin (TTM) Apple Hospitality Reit, Inc.
18% 20% 22% 24% 26% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 24.3% FCF margin (TTM), FY23 Q4: 24.0% FCF margin (TTM), FY24 Q1: 24.1% FCF margin (TTM), FY24 Q2: 24.2% FCF margin (TTM), FY24 Q3: 23.5% FCF margin (TTM), FY24 Q4: 22.8% FCF margin (TTM), FY25 Q1: 22.5% FCF margin (TTM), FY25 Q2: 21.3% FCF margin (TTM), FY25 Q3: 21.1% FCF margin (TTM), FY25 Q4: 20.0% FCF margin (TTM), FY26 Q1: 19.3% FCF margin (TTM), FY26 Q2: 20.2% 20.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 24.3%
FY23 Q4 24.0%
FY24 Q1 24.1%
FY24 Q2 24.2%
FY24 Q3 23.5%
FY24 Q4 22.8%
FY25 Q1 22.5%
FY25 Q2 21.3%
FY25 Q3 21.1%
FY25 Q4 20.0%
FY26 Q1 19.3%
FY26 Q2 20.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Apple Hospitality Reit, Inc.: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 85 160 321 366 388 804 898 1,041 1,239 1,271 1,267 602 934 1,238 1,344 1,431 1,412 1,441
Gross profit — — — — — — — 458 541 555 542 200 392 528 563 594 565 579
EBITDA 18 27 104 129 138 145 263 333 407 441 427 98 272 388 431 483 450 454
Operating income 4 −2 56 77 83 32 136 185 231 258 234 −102 87 206 247 293 258 258
Net income 17 16 70 75 115 7 117 145 182 206 172 −173 19 145 177 214 175 175
Diluted EPS $0.52 $0.24 $0.76 $0.82 $1.26 $0.04 $0.65 $0.76 $0.82 $0.90 $0.77 −$0.77 $0.08 $0.63 $0.77 $0.89 $0.74 $0.74
Growth (year on year)
Revenue — +87.9% +100.1% +14.1% +6.1% +107.2% +11.7% +15.9% +19.0% +2.6% −0.3% −52.5% +55.2% +32.6% +8.5% +6.5% −1.3% +1.2%
EBITDA — +49.1% +289.3% +24.4% +6.4% +5.7% +81.2% +26.5% +22.2% +8.4% −3.2% −77.1% +177.8% +43.0% +11.0% +12.2% −6.8% −0.3%
Operating income — −143.6% — +37.8% +8.0% −60.9% +320.8% +36.1% +24.6% +11.8% −9.3% −143.6% — +137.2% +19.9% +18.3% −11.9% −1.9%
Net income — −3.5% +330.5% +7.8% +52.7% −94.1% — +23.3% +26.2% +12.9% −16.6% −200.8% — +669.1% +22.6% +20.6% −18.1% −3.1%
Diluted EPS — −53.8% +216.7% +7.9% +53.7% −96.8% — +16.9% +7.9% +9.8% −14.4% −200.0% — +687.5% +22.2% +15.6% −16.9% −1.9%
Margins
Gross margin — — — — — — — 44.0% 43.7% 43.7% 42.8% 33.2% 41.9% 42.6% 41.9% 41.5% 40.0% 40.2%
EBITDA margin 21.0% 16.7% 32.5% 35.4% 35.5% 18.1% 29.3% 32.0% 32.9% 34.7% 33.7% 16.2% 29.1% 31.3% 32.1% 33.8% 31.9% 31.5%
Operating margin 4.5% −1.0% 17.3% 21.0% 21.3% 4.0% 15.1% 17.8% 18.6% 20.3% 18.5% −17.0% 9.3% 16.7% 18.4% 20.5% 18.3% 17.9%
Net margin 19.8% 10.2% 21.8% 20.6% 29.7% 0.8% 13.1% 13.9% 14.7% 16.2% 13.6% −28.8% 2.0% 11.7% 13.2% 15.0% 12.4% 12.2%
Free-cash-flow margin 20.4% 10.0% 31.3% 29.1% 29.6% 22.9% 24.4% 25.6% 25.9% 26.0% 24.2% −3.6% 21.3% 25.0% 24.0% 22.8% 20.0% 20.2%
Cash flow
Cash from operations 29 39 116 123 137 252 281 331 384 405 382 27 218 368 399 405 370 386
Capital spending 12 23 16 17 23 68 62 65 63 74 75 49 18 59 77 78 88 96
Free cash flow 17 16 100 106 115 184 219 266 321 331 307 −22 199 309 322 327 282 290
Balance sheet
Cash 273 224 31 9 18 0 0 0 0 0 0 6 3 4 10 10 9 10
Total debt 0 100 124 167 163 707 1,002 1,339 1,224 1,418 1,326 1,489 1,444 1,374 1,378 1,477 1,545 1,508
Net debt (negative = net cash) −273 −124 93 158 144 707 1,002 1,339 1,224 1,418 1,326 1,483 1,441 1,370 1,368 1,467 1,537 1,498
Diluted shares — 68m 91m 91m 91m 171m 180m 191m 224m 230m 224m 224m 226m 229m 229m 241m 238m 236m
Returned to shareholders
Dividends 57 118 160 155 152 233 229 229 268 276 269 67 7 139 238 244 240 227
Buybacks — — — 52 20 2 238 8 0 104 4 14 — 3 7 35 58 15
Total returned 57 118 160 207 172 236 467 237 268 380 273 82 7 142 245 278 299 242

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$15.1M
Dividends (TTM)
$227M
Returned to shareholders
83%
of free cash flow
Buybacks, last 3 fiscal years
$99.8M
Diluted share count
−1.3%
year over year
Total shareholder yield
5.5%
dividends 5.2% + buybacks 0.3% of market value
Dividend payout ratio
130%
of net income paid out

Competitors: side by side with peers

Closest by revenue in hotel & resort reits
Growth, margins and cash generation against peers
Last 12 months unless stated APLE RLJ PEB SVC DRH XHR Median
Revenue, last 12 months $1.4bn $1.4bn $1.5bn $1.7bn $1.1bn $1.1bn $1.4bn
Revenue growth, last 12 months 1.2% 1.1% 2.8% −11.9% 1.0% 1.6% 1.2%
Revenue growth, 3-year average 3.1% 2.3% 2.3% −4.1% 2.4% 1.5% 1.5%
Revenue growth, latest quarter 4.7% 5.5% 1.0% −16.4% 4.1% 2.8% 3.4%
Gross margin 40.2% — — 40.0% — 30.8% 40.0%
Operating margin 17.9% 14.5% 3.1% 18.7% −102.5% 6.7% 12.8%
Operating margin, 3-year average 18.9% 15.9% 3.4% 18.0% −20.1% 8.3% 13.0%
Net margin 12.2% 2.0% −4.6% −25.4% 13.5% −0.7% 2.0%
Cash from operations / revenue 26.8% 19.3% 19.0% 7.4% 21.5% 16.6% 19.8%
Free-cash-flow margin 20.2% 12.6% 14.6% −4.2% 14.4% 10.6% 10.6%
Free-cash-flow margin, 3-year average 21.9% 11.5% −6.0% −5.2% 13.4% 5.8% 7.3%
Stock pay / revenue — 1.2% 0.7% 0.2% 0.7% 1.2% 0.7%
Change in share count −1.3% −1.3% 2.8% −19.7% −1.3% −7.2% −1.3%

Median of all 15 companies we cover in hotel & resort reits. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

15 hotel & resort reits companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 1.2% 1.2% 8 of 15
Change in growth rate Growth +1.7pp +0.7pp 3 of 15
Operating margin Profitability 17.9% 12.8% 3 of 10
Net margin Profitability 12.2% 2.0% 4 of 15
Long-term debt as % of assets Balance sheet 30.9% 45.0% 2 of 14
Change in share count Balance sheet -1.3% -1.3% 8 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Occupancy $1.3B 90.5% ▼ 1.5%
Hotel Other $68.3M 4.8% ▲ 1.7%
Food and Beverage $65.7M 4.7% ▼ 0.2%

From Apple Hospitality Reit, Inc.'s 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$3.4B
Institutions reporting
364
Shares held vs prior quarter
▲ 1.6%
Positions opened / closed
56 / 38

Top buyers and sellers, Q2 2026: 197 institutions bought and 148 sold ; the biggest buyer was Two Sigma Investments, LP (+2.7M shares) and the biggest seller Victory Capital Management Inc (−4.9M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $668M 39.7M 19.4% ▼ 0.5%
Vanguard Portfolio Management LLC $383M 22.8M 11.1% ▲ 3.2%
State Street Corp $214M 12.7M 6.2% ▼ 0.6%
Vanguard Capital Management LLC $162M 9.6M 4.7% 0.0%
Fuller & Thaler Asset Management, Inc. $139M 8.3M 4.0% ▲ 12.0%
Goldman Sachs Group Inc $131M 7.8M 3.8% ▲ 51.3%
Citadel Advisors LLC $124M 7.4M 3.6% ▲ 22.1%
Geode Capital Management, LLC $109M 6.5M 3.2% ▲ 4.4%
Charles Schwab Investment Management Inc $84.2M 5.0M 2.4% ▲ 2.0%
Price T Rowe Associates Inc $71.1M 4.2M 2.1% ▼ 8.8%
Two Sigma Investments, LP $59.2M 3.5M 1.7% ▲ 340.0%
Nomura Asset Management International Inc. $58.5M 3.5M 1.7% ▼ 21.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Apple Hospitality Reit, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Knight Glade M Executive Chairman May 11, 2026 Buy 5,000 $13.97 $69,850
Knight Glade M Executive Chairman December 11, 2025 Buy 5,000 $11.91 $59,550
Hugh Redd Director November 13, 2025 Buy 1,000 $11.75 $11,750
Woolley Howard E. Director November 11, 2025 Buy 2,000 $11.94 $23,880

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Apple Hospitality Reit, Inc. disclosed in the last 12 months; 3 earlier trades on record.

  • Donna Shalala(FL):Sale (full), $1,001 - $15,000, traded June 24, 2019, filed April 27, 2020
  • Donna Shalala(FL):Purchase, $1,001 - $15,000, traded March 19, 2019, filed April 27, 2020
  • Donna Shalala(FL):Purchase, $1,001 - $15,000, traded February 20, 2019, filed April 27, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 4, 2026
  • February 23, 2026
  • November 3, 2025
  • August 6, 2025
  • May 1, 2025

Recent SEC filings

Data status

When each part of this page on Apple Hospitality Reit, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Apple Hospitality Reit, Inc. in brief

What does Apple Hospitality Reit, Inc. do?
Apple Hospitality Reit, Inc. is a US-listed company in the hotel & resort REITs industry. Its financial year ends in December.
What is Apple Hospitality Reit, Inc.'s stock ticker?
Apple Hospitality Reit, Inc. trades under the ticker APLE on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Apple Hospitality Reit, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Apple Hospitality Reit, Inc. reported revenue of $1.4B, 1.2% higher than a year earlier, according to its SEC filings.
What is Apple Hospitality Reit, Inc.'s free cash flow?
Apple Hospitality Reit, Inc.'s free-cash-flow margin is 20.2% of revenue over the trailing twelve months.
Who are Apple Hospitality Reit, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Apple Hospitality Reit, Inc. buying back stock, and does it pay a dividend?
Apple Hospitality Reit, Inc. spent $15.1M on share repurchases over the trailing twelve months, and its diluted share count fell 1.3% over the year.
What is Apple Hospitality Reit, Inc.'s market cap?
On November 2, 2026, Apple Hospitality Reit, Inc.'s market capitalisation was about $4.4B, with a price-to-earnings ratio of 25.2 and net debt of $1.5B. Market figures come from third-party market data and may be delayed.
Does Apple Hospitality Reit, Inc. pay a dividend?
Yes: Apple Hospitality Reit, Inc. paid $227M in dividends over the trailing twelve months, a dividend yield of 5.15% and a payout ratio of 129.5%.
Who are Apple Hospitality Reit, Inc.'s competitors?
In our Hotel & Resort REITs peer group, the companies closest to Apple Hospitality Reit, Inc. are RLJ Lodging Trust, Pebblebrook Hotel Trust, Service Properties Trust, Diamondrock Hospitality Co and Xenia Hotels & Resorts, Inc. The side-by-side comparison below sets their revenue, margins and growth against Apple Hospitality Reit, Inc.'s.
Are insiders buying or selling Apple Hospitality Reit, Inc. stock?
Over the last 12 months, Apple Hospitality Reit, Inc.'s directors and officers reported 4 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Apple Hospitality Reit, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Apple Hospitality Reit, Inc. announces its own schedule.