Apple Hospitality Reit, Inc. - Understand $aple stock

$APLE Market Cap: $3.86 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.411B

TTM

Gross Margin

45.73%

TTM

Net Earnings

$205.0M

TTM

Current Assets

$63.54M

Q3 2024

Current Liabilities

$112.1M

Q3 2024

Current Ratio

56.7%

Q3 2024

Total Assets

$5.022B

Q3 2024

Total Liabilities

$1.725B

Q3 2024

Book Value

$3.297B

Q3 2024

Cash

$6.147M

Q3 2024

P/E

18.83

Nov 29, 2024 EST

Free Cash Flow

$324.6M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$1.344B	$1.238B	$933.9M	$601.9M	$1.267B	$1.271B	$1.239B	$1.041B	$898.3M	$803.9M	$388.0M	$365.6M	$320.5M	$160.1M	$85.20M	$11.50M
YoY Change	8.51%	32.61%	55.16%	-52.48%	-0.31%	2.58%	18.98%	15.89%	11.74%	107.19%	6.13%	14.07%	100.19%	87.91%	640.87%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$1.344B	$1.238B	$933.9M	$601.9M	$1.267B	$1.271B	$1.239B	$1.041B	$898.3M	$803.9M	$388.0M	$365.6M	$320.5M	$160.1M	$85.20M	$11.50M
Cost Of Revenue	$780.7M	$710.5M	$542.2M	$402.3M	$724.4M	$715.9M	$516.7M	$433.8M	$378.1M	$339.4M	$159.3M	$149.7M	$134.1M	$71.30M	$38.10M	$5.300M
Gross Profit	$563.1M	$527.9M	$391.7M	$199.6M	$542.2M	$554.6M	$722.0M	$607.3M	$520.2M	$464.5M	$228.7M	$215.9M	$186.4M	$88.80M	$47.10M	$6.200M
Gross Profit Margin	41.9%	42.63%	41.94%	33.16%	42.81%	43.65%	58.29%	58.34%	57.91%	57.78%	58.94%	59.05%	58.16%	55.47%	55.28%	53.91%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$353.9M	$320.7M	$271.9M	$224.0M	$272.0M	$248.7M	$287.8M	$233.4M	$204.5M	$185.8M	$87.90M	$85.50M	$77.10M	$42.70M	$24.20M	$4.200M
YoY Change	10.36%	17.94%	21.38%	-17.65%	9.37%	-13.59%	23.31%	14.13%	10.06%	111.38%	2.81%	10.89%	80.56%	76.45%	476.19%
% of Gross Profit	62.85%	60.74%	69.42%	112.22%	50.17%	44.84%	39.86%	38.43%	39.31%	40.0%	38.43%	39.6%	41.36%	48.09%	51.38%	67.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$183.2M	$181.7M	$184.5M	$199.8M	$193.2M	$183.5M	$176.5M	$148.2M	$127.4M	$113.1M	$54.80M	$52.70M	$49.80M	$30.70M	$15.90M	$2.300M
YoY Change	0.85%	-1.5%	-7.67%	3.42%	5.29%	3.97%	19.1%	16.33%	12.64%	106.39%	3.98%	5.82%	62.21%	93.08%	591.3%
% of Gross Profit	32.54%	34.42%	47.1%	100.1%	35.63%	33.09%	24.45%	24.4%	24.49%	24.35%	23.96%	24.41%	26.72%	34.57%	33.76%	37.1%
Operating Expenses	$537.2M	$502.4M	$456.4M	$423.8M	$465.2M	$432.2M	$464.2M	$381.5M	$332.0M	$298.9M	$142.7M	$138.2M	$125.5M	$71.10M	$38.30M	$6.400M
YoY Change	6.92%	10.08%	7.69%	-8.9%	7.64%	-6.89%	21.68%	14.91%	11.07%	109.46%	3.26%	10.12%	76.51%	85.64%	498.44%
Operating Profit	$247.5M	$206.5M	-$64.68M	-$102.0M	$233.8M	$257.9M	$257.8M	$225.8M	$188.2M	$165.6M	$86.00M	$77.70M	$60.90M	$17.70M	$8.800M	-$200.0K
YoY Change	19.86%	-419.22%	-36.61%	-143.65%	-9.33%	0.02%	14.17%	19.98%	13.65%	92.56%	10.68%	27.59%	244.07%	101.14%	-4500.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	-$68.86M	-$59.73M	-$67.75M	-$70.80M	-$61.20M	-$51.20M	-$47.30M	-$40.00M	-$33.10M	-$23.50M	$600.0K	-$6.700M	-$4.400M	-$900.0K	-$1.000M	$2.300M
YoY Change	15.27%	-11.83%	-4.31%	15.69%	19.53%	8.25%	18.25%	20.85%	40.85%	-4016.67%	-108.96%	52.27%	388.89%	-10.0%	-143.48%
% of Operating Profit	-27.82%	-28.93%			-26.18%	-19.86%	-18.35%	-17.71%	-17.59%	-14.19%	0.7%	-8.62%	-7.22%	-5.08%	-11.36%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$178.6M	$146.7M	$19.30M	-$172.9M	$172.6M	$206.7M	$183.3M	$145.1M	$118.2M	$8.800M	$83.30M	$69.90M	$51.20M	-$2.600M	$2.800M	$2.200M
YoY Change	21.72%	660.49%	-111.16%	-200.16%	-16.49%	12.75%	26.33%	22.76%	1243.18%	-89.44%	19.17%	36.52%	-2069.23%	-192.86%	27.27%
Income Tax	$1.135M	$1.900M	$468.0K	$332.0K	$679.0K	$587.0K	$800.0K	$400.0K	$900.0K	$2.000M	$1.400M	$1.200M	$1.100M	$0.00	$0.00	$0.00
% Of Pretax Income	0.64%	1.29%	2.43%		0.39%	0.28%	0.44%	0.28%	0.76%	22.73%	1.68%	1.72%	2.15%		0.0%	0.0%
Net Earnings	$177.5M	$144.8M	$18.83M	-$173.2M	$171.9M	$206.1M	$182.5M	$144.7M	$117.3M	$6.800M	$115.2M	$75.50M	$70.00M	$16.30M	$16.90M	$2.200M
YoY Change	22.57%	669.09%	-110.87%	-200.75%	-16.58%	12.92%	26.12%	23.36%	1625.0%	-94.1%	52.58%	7.86%	329.45%	-3.55%	668.18%
Net Earnings / Revenue	13.21%	11.69%	2.02%	-28.78%	13.57%	16.22%	14.73%	13.9%	13.06%	0.85%	29.69%	20.65%	21.84%	10.18%	19.84%	19.13%
Basic Earnings Per Share	$0.77	$0.63	$0.08	-$0.77
Diluted Earnings Per Share	$0.77	$0.63	$83.18K	-$774.9K	$767.8K	$897.3K	$816.6K	$758.0K	$650.6K	$39.65K	$1.262M	$828.8K	$767.5K	$240.1K	$512.1K	$278.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$10.29M	$4.077M	$3.282M	$5.600M					$0.00		$18.10M	$9.000M	$30.70M	$224.1M	$272.9M	$75.20M
YoY Change	152.32%	24.22%	-41.39%								101.11%	-70.68%	-86.3%	-17.88%	262.9%
Cash & Equivalents	$10.29M	$4.077M	$3.282M	$5.600M					$0.00		$18.10M	$9.000M	$30.70M	$224.1M	$272.9M	$75.20M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$36.44M	$43.33M	$40.05M	$22.10M	$26.90M	$29.10M	$31.50M	$31.50M	$24.70M	$22.90M	$10.40M	$33.10M	$9.600M	$8.300M	$2.600M	$1.800M
Other Receivables	$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	$10.70M	$0.00	$0.00
Total Short-Term Assets	$46.72M	$47.41M	$43.33M	$27.70M	$26.90M	$29.10M	$31.50M	$31.50M	$24.70M	$22.90M	$28.50M	$42.10M	$40.30M	$243.1M	$275.5M	$77.00M
YoY Change	-1.44%	9.4%	56.44%	2.97%	-7.56%	-7.62%	0.0%	27.53%	7.86%	-19.65%	-32.3%	4.47%	-83.42%	-11.76%	257.79%
Property, Plant & Equipment	$4.803B	$4.637B	$4.704B	$4.760B	$4.854B	$4.816B	$4.793B	$4.824B	$3.642B	$3.493B	$1.444B	$1.464B	$1.481B	$1.462B	$687.5M	$346.4M
YoY Change	3.57%	-1.42%	-1.17%	-1.93%	0.78%	0.48%	-0.63%	32.45%	4.27%	141.97%	-1.39%	-1.13%	1.29%	112.64%	98.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments							$0.00	$39.00M		$195.6M
YoY Change							-100.0%
Other Assets	$48.61M	$39.44M	$36.67M	$34.10M	$46.80M	$33.60M	$29.80M	$29.40M	$22.70M	$32.50M	$9.400M	$9.900M	$158.6M	$0.00
YoY Change	23.28%	7.55%	7.53%	-27.14%	39.29%	12.75%	1.36%	29.52%	-30.15%	245.74%	-5.05%	-93.76%
Total Long-Term Assets	$4.891B	$4.725B	$4.747B	$4.802B	$4.916B	$4.900B	$4.871B	$4.948B	$3.698B	$3.754B	$1.463B	$1.484B	$1.661B	$1.503B	$707.0M	$354.6M
YoY Change	3.5%	-0.46%	-1.14%	-2.31%	0.32%	0.59%	-1.57%	33.81%	-1.49%	156.62%	-1.42%	-10.65%	10.51%	112.56%	99.38%
Total Assets	$4.937B	$4.773B	$4.791B	$4.830B	$4.942B	$4.929B	$4.902B	$4.980B	$3.723B	$3.777B	$1.491B	$1.526B	$1.701B	$1.746B	$982.5M	$431.6M
YoY Change
Accounts Payable	$87.08M	$104.2M	$80.66M	$86.20M	$102.2M	$107.4M	$109.1M	$124.9M	$77.60M	$55.60M	$16.90M	$13.10M	$13.30M	$12.30M	$6.400M	$3.200M
YoY Change	-16.44%	29.21%	-6.43%	-15.66%	-4.84%	-1.56%	-12.65%	60.95%	39.57%	228.99%	29.01%	-1.5%	8.13%	92.19%	100.0%
Accrued Expenses	$11.45M	$11.85M	$12.02M	$11.60M	$12.10M
YoY Change	-3.39%	-1.38%	3.58%	-4.13%
Deferred Revenue
YoY Change
Short-Term Debt	$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	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$129.9M	$116.1M	$92.67M	$97.80M	$114.3M	$107.4M	$109.1M	$124.9M	$77.60M	$55.60M	$16.90M	$13.10M	$13.30M	$12.30M	$6.400M	$3.200M
YoY Change	11.95%	25.24%	-5.24%	-14.44%	6.42%	-1.56%	-12.65%	60.95%	39.57%	228.99%	29.01%	-1.5%	8.13%	92.19%	100.0%
Long-Term Debt	$1.483B	$1.478B	$1.551B	$1.703B	$1.537B	$1.412B	$1.222B	$1.338B	$998.1M	$706.6M	$162.6M	$166.8M	$124.1M	$99.60M	$58.70M	$38.60M
YoY Change	0.35%	-4.66%	-8.93%	10.77%	8.84%	15.55%	-8.65%	34.05%	41.25%	334.56%	-2.52%	34.41%	24.6%	69.68%	52.07%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$1.483B	$1.478B	$1.551B	$1.703B	$1.537B	$1.412B	$1.222B	$1.338B	$998.1M	$706.6M	$162.6M	$166.8M	$124.1M	$99.60M	$58.70M	$38.60M
YoY Change	0.35%	-4.66%	-8.93%	10.77%	8.84%	15.55%	-8.65%	34.05%	41.25%	334.56%	-2.52%	34.41%	24.6%	69.68%	52.07%
Total Liabilities	$1.613B	$1.594B	$1.643B	$1.800B	$1.651B	$1.520B	$1.331B	$1.463B	$1.076B	$762.2M	$179.5M	$179.9M	$137.4M	$111.9M	$65.10M	$41.90M
YoY Change	1.19%	-2.98%	-8.73%	9.02%	8.67%	14.15%	-8.99%	35.99%	41.13%	324.62%	-0.22%	30.93%	22.79%	71.89%	55.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	229.3M	228.9M	226.4M	223.5M
Diluted Shares Outstanding	229.3M	228.9M	226.4M	223.5M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.8604 Billion

About Apple Hospitality REIT, Inc.

Apple Hospitality REIT, Inc. is a self-advised real estate investment trust company, which invests in income-producing real estate, primarily in the lodging sector. The company is headquartered in Richmond, Virginia and currently employs 63 full-time employees. The company went IPO on 2015-05-18. The firm's portfolio consists of about 224 hotels with more than 30,066 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Its hotel portfolio consists of 100 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. Its hotels operate under Marriott or Hilton brands. The hotels are operated and managed under separate management agreements with 16 hotel management companies, consisting of Hilton Garden Inn, Hampton, Courtyard, Residence Inn, Homewood Suites, SpringHill Suites, Fairfield, Home2 Suites, TownePlace Suites, AC Hotels, Hyatt Place, Marriott, Embassy Suites, Aloft, and Hyatt House. Its hotels are located in various states, including Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Michigan, and others.

Industry: Real Estate Investment Trusts Peers: DiamondRock Hospitality Co Ryman Hospitality Properties, Inc. Park Hotels & Resorts Inc. HOST HOTELS & RESORTS, INC. Pebblebrook Hotel Trust RLJ Lodging Trust Sunstone Hotel Investors, Inc. Xenia Hotels & Resorts, Inc.