Apple Hospitality REIT Inc
NYSE: APLE · REAL ESTATE · REIT - HOTEL & MOTEL
Updated 2026-06-05
Apple Hospitality REIT Inc (APLE) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $431.60M | $982.50M | $1.75B | $1.70B | $1.53B | $1.49B | $3.78B | $3.72B | $4.98B | $4.90B | $4.93B | $4.94B | $4.83B | $4.79B | $4.77B | $4.94B | $4.97B | $4.90B |
| Cash & equivalents | $75.20M | $272.90M | $224.11M | $30.73M | $9.03M | $18.10M | $32.53M | $22.65M | $29.43M | $29.79M | $33.63M | $-216.63M | $5.56M | $3.28M | $4.08M | $10.29M | $10.25M | $39.42M |
| Current assets | $75.19M | $272.91M | $243.09M | $40.34M | $42.15M | $37.94M | $250.99M | $47.39M | $99.89M | $61.25M | $62.72M | $73.68M | $61.82M | $80.00M | $86.84M | $95.34M | $95.60M | $72.87M |
| Total liabilities | $41.90M | $65.10M | $111.90M | $137.38M | $179.88M | $179.47M | $765.13M | $1.08B | $1.46B | $1.33B | $1.52B | $1.65B | $1.80B | $1.64B | $1.59B | $1.61B | $1.70B | $1.75B |
| Current liabilities | $41.88M | $65.11M | $12.25M | $13.25M | $13.10M | $16.92M | $247.16M | $613.86M | $394.86M | $215.96M | $107.42M | $165.26M | $203.66M | $168.67M | $116.06M | $129.93M | $203.52M | $273.05M |
| Long-term debt | — | — | — | $124.12M | $166.78M | $162.55M | $517.97M | $536.24M | $1.07B | $1.12B | $1.41B | $1.32B | $1.48B | $1.44B | $1.37B | $1.37B | $1.39B | $1.48B |
| Shareholder equity | $389.70M | $917.40M | $1.63B | $1.56B | $1.35B | $1.31B | $3.01B | $2.65B | $3.52B | $3.57B | $3.41B | $3.29B | $3.03B | $3.15B | $3.18B | $3.32B | $3.27B | $3.15B |
| Retained earnings | $-10.90M | $-51.40M | — | $-243.63M | $-459.25M | $-495.61M | $-722.19M | $-851.47M | $-940.73M | $-1.03B | $-1.10B | $-1.20B | $-1.42B | $-1.41B | $-1.44B | $-1.49B | $-1.52B | $-1.57B |
| Accounts receivable | $1.80M | $2.60M | $18.98M | $9.61M | $33.13M | $10.42M | $22.98M | $24.74M | $41.66M | $31.76M | $29.09M | $26.93M | $22.14M | $40.05M | $43.33M | $36.44M | $34.52M | $33.45M |
| Inventory | — | — | — | $0.00 | $-43.05M | $0.00 | $0.00 | $24.74M | $0.00 | $61.55M | $63.12M | $325.47M | $90.93M | $116.97M | — | — | — | — |
| Goodwill | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
Frequently asked questions
What is Apple Hospitality REIT Inc's revenue?
Apple Hospitality REIT Inc's trailing twelve-month revenue is $1.42B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is APLE?
In its most recent fiscal year, APLE ran a gross margin of 6.38%, an operating margin of 17.73%, and a net margin of 12.42%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does APLE generate?
APLE produced $282.81M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is APLE's balance sheet healthy?
APLE holds $39.42M in cash and equivalents against $1.48B in long-term debt, on $3.15B of shareholder equity. That debt is best read against the cash flow the business throws off each year.