Apple Hospitality REIT, Inc. (APLE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 337.74M | 326.44M | 373.88M | 384.37M | 327.7M | 333.04M | 378.84M | 390.08M | 329.51M | 312.46M | 358.26M | 361.63M | 311.45M | 299.12M | 341.15M | 337.67M | 260.48M | 250.59M | 277.16M | 247.4M |
| Revenue Growth % | 3.06% | -1.98% | -1.31% | -1.46% | -0.55% | 6.59% | 5.75% | 7.87% | 5.8% | 4.46% | 5.02% | 7.1% | 19.57% | 19.37% | 23.09% | 36.48% | 64.12% | 87.05% | 86.23% | 205.14% |
| Property Operating Expenses | 328.47M | 323.11M | 93.96M | 243.43M | 223.23M | 224.88M | 240.89M | 238.23M | 218.26M | 209.3M | 225.39M | 220.51M | 204.84M | 197.29M | 212.12M | 201.29M | 172.68M | 166.12M | 171.88M | 152.73M |
| Net Operating Income (NOI) | 9.27M | 3.33M | 279.92M | 140.94M | 104.47M | 108.16M | 137.96M | 151.85M | 111.26M | 103.16M | 132.87M | 141.12M | 106.61M | 101.83M | 129.03M | 136.37M | 87.8M | 84.47M | 105.28M | 94.67M |
| NOI Margin % | 2.75% | 1.02% | 74.87% | 36.67% | 31.88% | 32.48% | 36.41% | 38.93% | 33.76% | 33.02% | 37.09% | 39.02% | 34.23% | 34.04% | 37.82% | 40.39% | 33.71% | 33.71% | 37.99% | 38.27% |
| Operating Expenses | -38.74M | -41.09M | 207.42M | 56.09M | 53.61M | 58.26M | 60.23M | 58.33M | 39.64M | 64.25M | 56.58M | 58.09M | 57.37M | 84.34M | 53.62M | 55.63M | 54.96M | 56.45M | 57.43M | 55.69M |
| G&A Expenses | 0 | 0 | 40.52M | 8.06M | 9.23M | 11.7M | 9.19M | 11.06M | 10.58M | 12.76M | 11.08M | 12.1M | 11.46M | 12.25M | 10.27M | 10.31M | 9.64M | 11.22M | 13.26M | 8.44M |
| EBITDA | 97.55M | 92.98M | 120.6M | 132.87M | 98.8M | 97.83M | 125.87M | 141.23M | 118.44M | 84.75M | 121.79M | 129.02M | 95.15M | 63.4M | 120.55M | 126.07M | 78.16M | 73.18M | 92.07M | 85.37M |
| EBITDA Margin % | 28.88% | 28.48% | 32.26% | 34.57% | 30.15% | 29.37% | 33.22% | 36.21% | 35.94% | 27.13% | 34% | 35.68% | 30.55% | 21.2% | 35.33% | 37.33% | 30.01% | 29.2% | 33.22% | 34.51% |
| Depreciation & Amortization | 49.54M | 48.56M | 48.1M | 48.02M | 47.94M | 47.92M | 48.14M | 47.72M | 46.82M | 45.84M | 45.5M | 45.99M | 45.91M | 45.92M | 45.13M | 45.32M | 45.32M | 45.16M | 44.22M | 46.39M |
| D&A / Revenue % | 14.67% | 14.88% | 12.87% | 12.49% | 14.63% | 14.39% | 12.71% | 12.23% | 14.21% | 14.67% | 12.7% | 12.72% | 14.74% | 15.35% | 13.23% | 13.42% | 17.4% | 18.02% | 15.95% | 18.75% |
| Operating Income | 48.01M | 44.42M | 72.5M | 84.85M | 50.86M | 49.9M | 77.73M | 93.52M | 71.61M | 38.91M | 76.3M | 83.03M | 49.25M | 17.49M | 75.41M | 80.75M | 32.84M | 28.02M | 47.85M | 38.99M |
| Operating Margin % | 14.22% | 13.61% | 19.39% | 22.08% | 15.52% | 14.98% | 20.52% | 23.97% | 21.73% | 12.45% | 21.3% | 22.96% | 15.81% | 5.85% | 22.1% | 23.91% | 12.61% | 11.18% | 17.26% | 15.76% |
| Interest Expense | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 2.34x | 2.41x | - | 4.05x | 2.62x | 2.51x | 3.66x | 4.83x | 4.14x | 2.18x | 4.37x | 4.74x | 3.08x | 1.17x | 5.05x | 5.31x | 2.24x | 1.91x | 2.99x | 2.09x |
| Non-Operating Income | -794K | -6.53M | 21.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | 27.94M | 29.85M | 51.12M | 63.89M | 31.46M | 30.05M | 56.51M | 74.14M | 54.31M | 21.03M | 58.83M | 65.53M | 33.24M | 2.54M | 60.48M | 65.55M | 18.18M | 13.38M | 31.87M | 20.37M |
| Pretax Margin % | 8.27% | 9.14% | 13.67% | 16.62% | 9.6% | 9.02% | 14.92% | 19.01% | 16.48% | 6.73% | 16.42% | 18.12% | 10.67% | 0.85% | 17.73% | 19.41% | 6.98% | 5.34% | 11.5% | 8.23% |
| Income Tax | 242K | 236K | 242K | 240K | 241K | 234K | 243K | 214K | 256K | 261K | 313K | 241K | 320K | 228K | 1.33M | 202K | 179K | 159K | 114K | 87K |
| Effective Tax Rate % | 0.87% | 0.79% | 0.47% | 0.38% | 0.77% | 0.78% | 0.43% | 0.29% | 0.47% | 1.24% | 0.53% | 0.37% | 0.96% | 8.98% | 2.2% | 0.31% | 0.98% | 1.19% | 0.36% | 0.43% |
| Net Income | 27.7M | 29.61M | 50.88M | 63.65M | 31.22M | 29.82M | 56.27M | 73.93M | 54.05M | 20.77M | 58.51M | 65.29M | 32.92M | 2.31M | 59.15M | 65.34M | 18M | 13.22M | 31.76M | 20.28M |
| Net Margin % | 8.2% | 9.07% | 13.61% | 16.56% | 9.53% | 8.95% | 14.85% | 18.95% | 16.4% | 6.65% | 16.33% | 18.05% | 10.57% | 0.77% | 17.34% | 19.35% | 6.91% | 5.28% | 11.46% | 8.2% |
| Net Income Growth % | -11.28% | -0.68% | -9.57% | -13.91% | -42.24% | 43.59% | -3.84% | 13.24% | 64.17% | 798.14% | -1.07% | -0.09% | 82.89% | -82.51% | 86.23% | 222.17% | 138.77% | 125.8% | 177.56% | 125.92% |
| Funds From Operations (FFO) | 77.24M | 78.18M | 98.98M | 111.67M | 79.16M | 77.74M | 104.41M | 121.65M | 100.87M | 66.61M | 104.01M | 111.28M | 78.83M | 48.23M | 104.28M | 110.67M | 63.33M | 58.38M | 75.98M | 66.67M |
| FFO Margin % | 22.87% | 23.95% | 26.47% | 29.05% | 24.16% | 23.34% | 27.56% | 31.19% | 30.61% | 21.32% | 29.03% | 30.77% | 25.31% | 16.12% | 30.57% | 32.77% | 24.31% | 23.3% | 27.41% | 26.95% |
| FFO Growth % | -2.43% | 0.57% | -5.2% | -8.2% | -21.52% | 16.71% | 0.38% | 9.31% | 27.96% | 38.11% | -0.26% | 0.56% | 24.48% | -17.39% | 37.26% | 65.99% | 2683.56% | 5654.61% | 723.77% | 335.2% |
| FFO per Share | 0.33 | 0.33 | 0.42 | 0.47 | 0.33 | 0.32 | 0.43 | 0.50 | 0.42 | 0.29 | 0.45 | 0.49 | 0.34 | 0.21 | 0.46 | 0.48 | 0.28 | 0.26 | 0.33 | 0.30 |
| FFO Payout Ratio % | 73.29% | 57.62% | 127.96% | 51.08% | 87.94% | 74.4% | 55.24% | 47.72% | 69.55% | 82.82% | 52.72% | 49.32% | 93.11% | 109.22% | 37.24% | 30.96% | 21.64% | 3.92% | 3% | 3.35% |
| EPS (Diluted) | 0.12 | 0.13 | 0.21 | 0.27 | 0.13 | 0.12 | 0.23 | 0.31 | 0.22 | 0.09 | 0.26 | 0.29 | 0.14 | 0.01 | 0.26 | 0.29 | 0.08 | 0.06 | 0.14 | 0.09 |
| EPS Growth % | -7.69% | 8.33% | -8.7% | -12.9% | -40.91% | 32.89% | -11.54% | 6.9% | 57.14% | 794.06% | 0% | 0% | 78.12% | -83.17% | 85.71% | 222.22% | 137.43% | 126.09% | 177.78% | 125.71% |
| EPS (Basic) | 0.12 | 0.13 | 0.21 | 0.27 | 0.13 | 0.12 | 0.23 | 0.31 | 0.22 | 0.09 | 0.26 | 0.29 | 0.14 | 0.01 | 0.26 | 0.29 | 0.08 | 0.06 | 0.14 | 0.09 |
| Diluted Shares Outstanding | 236.11M | 237.79M | 237.07M | 237.66M | 240.07M | 239.97M | 240.5M | 242.17M | 242.41M | 230M | 228.88M | 229.04M | 229.4M | 228.65M | 228.99M | 229M | 228.99M | 228.43M | 228.44M | 224.77M |