Apple Hospitality REIT Past Earnings Performance

Past criteria checks 5/6

Apple Hospitality REIT has been growing earnings at an average annual rate of 1.8%, while the Hotel and Resort REITs industry saw earnings declining at 0.8% annually. Revenues have been growing at an average rate of 1.9% per year. Apple Hospitality REIT's return on equity is 5.3%, and it has net margins of 13.2%.

Key information

1.8%

Earnings growth rate

1.6%

EPS growth rate

Hotel and Resort REITs Industry Growth	-8.6%
Revenue growth rate	1.9%
Return on equity	5.3%
Net Margin	13.2%
Next Earnings Update	06 May 2024

Recent past performance updates

Recent updates

Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple

Feb 26

Revenue & Expenses Breakdown
Beta

How Apple Hospitality REIT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:APLE Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	1,344	177	165
30 Sep 23	1,330	159	163
30 Jun 23	1,313	160	160
31 Mar 23	1,289	160	154
31 Dec 22	1,238	145	147
30 Sep 22	1,190	156	141
30 Jun 22	1,126	128	139
31 Mar 22	1,036	83	130
31 Dec 21	934	19	121
30 Sep 21	817	-46	111
30 Jun 21	689	-118	95
31 Mar 21	523	-217	82
31 Dec 20	602	-173	90
30 Sep 20	758	-97	104
30 Jun 20	941	-9	123
31 Mar 20	1,201	131	146
31 Dec 19	1,267	172	150
30 Sep 19	1,272	181	146
30 Jun 19	1,272	197	138
31 Mar 19	1,276	202	133
31 Dec 18	1,271	206	130
30 Sep 18	1,264	170	131
30 Jun 18	1,257	170	131
31 Mar 18	1,244	190	129
31 Dec 17	1,239	182	127
30 Sep 17	1,232	226	122
30 Jun 17	1,184	177	115
31 Mar 17	1,109	144	108
31 Dec 16	1,041	145	100
30 Sep 16	972	85	94
30 Jun 16	936	119	94
31 Mar 16	912	108	91
31 Dec 15	898	117	91
30 Sep 15	888	157	91
30 Jun 15	879	146	91
31 Mar 15	877	145	94
31 Dec 14	804	7	85
30 Sep 14	692	8	73
30 Jun 14	561	-9	59
31 Mar 14	433	-29	44
31 Dec 13	388	82	40
30 Sep 13	384	72	40
30 Jun 13	377	72	39

Quality Earnings: APLE has high quality earnings.

Growing Profit Margin: APLE's current net profit margins (13.2%) are higher than last year (11.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: APLE's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: APLE's earnings growth over the past year (22.6%) exceeds its 5-year average (1.8% per year).

Earnings vs Industry: APLE earnings growth over the past year (22.6%) exceeded the Hotel and Resort REITs industry 16.9%.

Return on Equity

High ROE: APLE's Return on Equity (5.3%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Apple Hospitality REIT Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Apple Hospitality REIT, Inc. to Report Q1, 2024 Results on May 06, 2024

Full year 2023 earnings: EPS misses analyst expectations

Apple Hospitality REIT, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Apple Hospitality REIT, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Recent updates

Upcoming dividend of US$0.08 per share

Dividend of US$0.08 announced

Apple Hospitality REIT, Inc. Announces Monthly Cash Distribution, Payable on May 15, 2024

Insufficient new directors

Dividend of US$0.08 announced

Apple Hospitality REIT, Inc. Declares Regular Monthly Cash Distribution on Common Share, Payable on April 15, 2024

Apple Hospitality REIT, Inc. to Report Q1, 2024 Results on May 06, 2024

Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple

Full year 2023 earnings: EPS misses analyst expectations

Apple Hospitality REIT, Inc. Provides Earnings Guidance for the Year Ending December 31, 2024

Upcoming dividend of US$0.08 per share

Dividend of US$0.08 announced

Apple Hospitality REIT, Inc. Declares Regular Monthly Cash Distribution, Payable on March 15, 2024

A Case Study On Leverage In Cyclical Sectors: Apple Hospitality

Now 21% undervalued

Upcoming dividend of US$0.08 per share at 6.1% yield

Apple Hospitality REIT, Inc. Announces Monthly Distribution, Payable on February 15, 2024

Now 21% undervalued

Apple Hospitality REIT, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Apple Hospitality REIT, Inc. Declares Special Cash Distribution for 2023, Payable on January 16, 2024

Apple Hospitality REIT: Harvesting A Steady Income Stream

Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade)

Apple Hospitality REIT, Inc. (NYSE:APLE) completed the acquisition of Embassy Suites by Hilton South Jordan Salt Lake City.

Apple Hospitality REIT, Inc. (NYSE:APLE) completed the acquisition of Embassy Suites by Hilton South Jordan Salt Lake City.

Apple Hospitality REIT, Inc. Declares Regular Monthly Cash Distribution, Payable on December 15, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Pple Hospitality Reit, Inc. Provides Earnings Guidance for the Full Year 2023

Upcoming dividend of US$0.08 per share at 6.2% yield

Apple Hospitality REIT, Inc. (NYSE:APLE) completed the acquisition of 146-Room Residence Inn by Marriott Seattle South/Renton.

Hotel Income: 6% Monthly Dividends With Apple Hospitality

Apple Hospitality REIT, Inc. (NYSE:APLE) acquired Courtyard by Marriott Salt Lake City Downtown and Hyatt House Salt Lake City and 346-space parking garage for $91.5 million.

Apple Hospitality REIT, Inc. (NYSE:APLE) has entered into a contract to acquire Residence Inn by Marriott Seattle South/Renton for $55.5 million.

Apple Hospitality REITAnnounces Monthly Distribution, Payable on October 16, 2023

Apple Hospitality REIT, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.08 per share at 6.6% yield

Apple Hospitality REIT, Inc. Declares Regular Monthly Cash Distribution, Payable on September 15, 2023

Apple Hospitality REIT: A Healthy Fruit

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Apple Hospitality REIT, Inc. Provides Earnings Guidance for the Full Year 2023

Apple Hospitality: A Solid Buy In Hotel REITs

Apple Hospitality Reit Declares Regular Monthly Cash Distribution, Payable on August 15, 2023

Apple Hospitality: Strong Performance Ahead

Apple Hospitality REIT, Inc. (NYSE:APLE) acquired Courtyard by Marriott Cleveland University Circle for $31 million.

Apple Hospitality REIT, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Apple Hospitality REIT: Recovering Well With A 6.6% Dividend Yield

Upcoming dividend of US$0.08 per share at 6.4% yield

Executive Chairman recently bought US$77k worth of stock

Apple Hospitality REIT, Inc. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Executive Chairman recently bought US$84k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Apple Hospitality Q4 2022 Earnings Preview

Apple Hospitality REIT, Inc. Declares Monthly Distribution, Payable on March 15, 2023

Apple Hospitality REIT: Think Twice Before Taking A Bite

Apple Hospitality REIT, Inc. Declares Regular Monthly Cash Distribution, Payable on February 15, 2023

Apple Hospitality declares $0.08 dividend

Apple Hospitality REIT, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Apple Hospitality REIT, Inc. Announces Special Distribution for 2022, Payable on January 17, 2023

Apple Hospitality declares $0.08 dividend, special dividend of $0.08

Upcoming dividend of US$0.08 per share

Apple Hospitality REIT, Inc. Announces Monthly Distribution for the Month of December 2022, Payable on December 15, 2022

Executive Chairman recently bought US$81k worth of stock

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Apple Hospitality beefs up portfolio with additional hotel purchases

Apple Hospitality REIT, Inc. (NYSE:APLE) acquired AC Hotel by Marriott Louisville Downtown for $51 million.

Upcoming dividend of US$0.08 per share

Apple Hospitality REIT, Inc. Announces Increase in Monthly Distribution for the Month of November 2022, Payable on November 15, 2022

An Apple Hospitality REIT A Day Keeps The Bears Away

Revenue & Expenses Breakdown
Beta