Apple Hospitality REIT Past Earnings Performance
Past criteria checks 4/6
Apple Hospitality REIT has been growing earnings at an average annual rate of 31.2%, while the Hotel and Resort REITs industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 9.1% per year. Apple Hospitality REIT's return on equity is 6.2%, and it has net margins of 14.5%.
Key information
31.2%
Earnings growth rate
30.4%
EPS growth rate
| Hotel and Resort REITs Industry Growth | -8.6% |
| Revenue growth rate | 9.1% |
| Return on equity | 6.2% |
| Net Margin | 14.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Apple Hospitality: My Top REIT For Income With Attractive Yield
Nov 06Apple Hospitality REIT: Navigating Near-Term Volatility With Long-Term Gains In Sight
Oct 31Apple Hospitality: Growing Cash Flows And 7% Dividend Make This A Buy
Aug 16Apple Hospitality: Its Recovery Has Removed Any Opportunity
Jun 21Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple
Feb 26A Case Study On Leverage In Cyclical Sectors: Apple Hospitality
Feb 06Apple Hospitality REIT: Harvesting A Steady Income Stream
Dec 12Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade)
Nov 28Hotel Income: 6% Monthly Dividends With Apple Hospitality
Oct 17Apple Hospitality REIT: A Healthy Fruit
Aug 17Apple Hospitality: A Solid Buy In Hotel REITs
Jul 30Apple Hospitality: Strong Performance Ahead
Jul 10Apple Hospitality REIT: Recovering Well With A 6.6% Dividend Yield
May 28Apple Hospitality Q4 2022 Earnings Preview
Feb 20Apple Hospitality REIT: Think Twice Before Taking A Bite
Feb 14Apple Hospitality declares $0.08 dividend
Jan 20Apple Hospitality declares $0.08 dividend, special dividend of $0.08
Dec 20Apple Hospitality beefs up portfolio with additional hotel purchases
Oct 27Revenue & Expenses Breakdown
How Apple Hospitality REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,411 | 205 | 168 | 0 |
| 30 Jun 24 | 1,390 | 207 | 168 | 0 |
| 31 Mar 24 | 1,362 | 199 | 166 | 0 |
| 31 Dec 23 | 1,344 | 177 | 165 | 0 |
| 30 Sep 23 | 1,330 | 159 | 163 | 0 |
| 30 Jun 23 | 1,313 | 160 | 160 | 0 |
| 31 Mar 23 | 1,289 | 160 | 154 | 0 |
| 31 Dec 22 | 1,238 | 145 | 147 | 0 |
| 30 Sep 22 | 1,190 | 156 | 141 | 0 |
| 30 Jun 22 | 1,126 | 128 | 139 | 0 |
| 31 Mar 22 | 1,036 | 83 | 130 | 0 |
| 31 Dec 21 | 934 | 19 | 121 | 0 |
| 30 Sep 21 | 817 | -46 | 111 | 0 |
| 30 Jun 21 | 689 | -118 | 95 | 0 |
| 31 Mar 21 | 523 | -217 | 82 | 0 |
| 31 Dec 20 | 602 | -173 | 90 | 0 |
| 30 Sep 20 | 758 | -97 | 104 | 0 |
| 30 Jun 20 | 941 | -9 | 123 | 0 |
| 31 Mar 20 | 1,201 | 131 | 146 | 0 |
| 31 Dec 19 | 1,267 | 172 | 150 | 0 |
| 30 Sep 19 | 1,272 | 181 | 146 | 0 |
| 30 Jun 19 | 1,272 | 197 | 138 | 0 |
| 31 Mar 19 | 1,276 | 202 | 133 | 0 |
| 31 Dec 18 | 1,271 | 206 | 130 | 0 |
| 30 Sep 18 | 1,264 | 170 | 131 | 0 |
| 30 Jun 18 | 1,257 | 170 | 131 | 0 |
| 31 Mar 18 | 1,244 | 190 | 129 | 0 |
| 31 Dec 17 | 1,239 | 182 | 127 | 0 |
| 30 Sep 17 | 1,232 | 226 | 122 | 0 |
| 30 Jun 17 | 1,184 | 177 | 115 | 0 |
| 31 Mar 17 | 1,109 | 144 | 108 | 0 |
| 31 Dec 16 | 1,041 | 145 | 100 | 0 |
| 30 Sep 16 | 972 | 85 | 94 | 0 |
| 30 Jun 16 | 936 | 119 | 94 | 0 |
| 31 Mar 16 | 912 | 108 | 91 | 0 |
| 31 Dec 15 | 898 | 117 | 91 | 0 |
| 30 Sep 15 | 888 | 157 | 91 | 0 |
| 30 Jun 15 | 879 | 146 | 91 | 0 |
| 31 Mar 15 | 877 | 145 | 94 | 0 |
| 31 Dec 14 | 804 | 7 | 85 | 0 |
| 30 Sep 14 | 692 | 8 | 73 | 0 |
| 30 Jun 14 | 561 | -9 | 59 | 0 |
| 31 Mar 14 | 433 | -29 | 44 | 0 |
| 31 Dec 13 | 388 | 82 | 40 | 0 |
Quality Earnings: APLE has high quality earnings.
Growing Profit Margin: APLE's current net profit margins (14.5%) are higher than last year (12%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: APLE's earnings have grown significantly by 31.2% per year over the past 5 years.
Accelerating Growth: APLE's earnings growth over the past year (28.9%) is below its 5-year average (31.2% per year).
Earnings vs Industry: APLE earnings growth over the past year (28.9%) exceeded the Hotel and Resort REITs industry -4.5%.
Return on Equity
High ROE: APLE's Return on Equity (6.2%) is considered low.