APLE Real Estate

Apple Hospitality REIT, Inc.

$18.65-0.11%

Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026

Basics

Sector: Real Estate
Industry: REIT - Hotel & Motel
Country: United States
Market cap: 4.4B USD
Enterprise value: 5.5B USD
Full-time employees: 64

Overall health

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback: less short-term liquidity (current ratio 0.29 vs a peer median of 1.20)less liquidity (current ratio 0.29 vs peers 1.20)
About average: profitability, growth and risk (debt, liquidity and share-price swings)profitability, growth and risk

Ranks #352 of 632 real estate companies (bottom 45%)

See how it ranks against its peers

Worth knowing

Profit is backed by cash. Free cash flow is 166% of reported profit.
Apple Hospitality REIT's free cash flow is 166% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

StockQuotient Score

49/ 100

Oct 5 51 → Nov 4 49 (-2)

Valuation

Is the price right?

65/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Stronger than most peers on:

▲ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield4.0%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -0.28Sector median: 0.0535 · MAD: 0.0484

EBITDA yield7.7%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 1.15Sector median: 0.0536 · MAD: 0.0204

Free cash flow yield6.6%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score 0.02Sector median: 0.0650 · MAD: 0.0444

Other data (not scored)

Book yield71.3%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 1.1277 · MAD: 0.5490

Growth

Is it growing?

42/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Held back by:

▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth-2.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.45Sector median: 0.1117 · MAD: 0.3101

3-year revenue growth3.1%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.09Sector median: 0.0378 · MAD: 0.0744

Revenue growth1.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.19Sector median: 0.0297 · MAD: 0.0927

Profitability

Does it earn well?

54/100

Moderate▲ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major change

Why it changed since the Oct 27, 2026 close: Score 53 → 54

Peer companies moved+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Helped by:

▲ ROA
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin17.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.39Sector median: 0.2683 · MAD: 0.2257

Return on assets3.6%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.11Sector median: 0.0211 · MAD: 0.0134

Return on invested capital4.4%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.50Sector median: 0.0341 · MAD: 0.0197

Other data (not scored)

Gross margin40.2%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.5380 · MAD: 0.2259

Return on equity5.6%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0521 · MAD: 0.0465

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Mixed versus peers:

▲ Debt / equity
▼ Current ratio
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.93

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -0.54Sector median: 0.7490 · MAD: 0.3270

Current ratio0.29×

Yahoo Finance fallback · SEC figure unavailable or out of dateReported value33% base weight · Z-score -1.25Sector median: 1.1950 · MAD: 0.7210

Debt / equity0.48×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.84Sector median: 0.8040 · MAD: 0.3893

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Apple Hospitality REIT

Is Apple Hospitality REIT getting weaker?: Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 49/100 since Oct 28, 2026.
How is Apple Hospitality REIT valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 65/100 against 762 real estate peers. EBITDA yield 7.7% vs a peer median of 5.4% (stronger than 77% of peers).EBITDA yield 7.7% vs peers 5.4% (stronger than 77% of peers).
Is Apple Hospitality REIT growing?: At about the same pace as its peers. Growth scores 42/100 against 762 real estate peers. Earnings per share growth -2.8% vs a peer median of 11.2% (weaker than 65% of peers).Earnings per share growth -2.8% vs peers 11.2% (weaker than 65% of peers).
How profitable is Apple Hospitality REIT?: About as profitable as its peers. Profitability scores 54/100 against 762 real estate peers. Return on assets 3.6% vs a peer median of 2.1% (stronger than 79% of peers).Return on assets 3.6% vs peers 2.1% (stronger than 79% of peers).
How risky is Apple Hospitality REIT?: Moderate risk relative to 762 real estate peers, judged on debt, liquidity and share-price swings. Debt / equity 0.48× vs a peer median of 0.80× (stronger than 73% of peers).Debt / equity 0.48× vs peers 0.80× (stronger than 73% of peers). Current ratio 0.29× vs a peer median of 1.20× (weaker than 88% of peers).Current ratio 0.29× vs peers 1.20× (weaker than 88% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	1.4B USD	1.4B USD	+1.3%
Net income (12 months)	171.8M USD	175.3M USD	+2.0%
Operating margin	17.9%	17.9%	+0.0 pts
Free cash flow (12 months)	273.8M USD	290.3M USD	+6.0%
Debt	1.6B USD	1.5B USD	−4.1%
Cash	7.8M USD	10.2M USD	+29.6%
Shares outstanding	236.1M	236.1M	+0.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Real Estate · 124 companies

Valuations in Real Estate are within their usual range since 2016.

30% of months since 2016 were valued lower than now.
15% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +4% and earnings +25% (medians): earnings grew faster than prices.
Median price-to-sales is +112% vs the whole market, against a usual +154%.

2016Shaded: most expensive fifth of its range2026

Shown for Real Estate: too few REIT - Hotel & Motel companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	41.9%	42.6%	41.9%	41.5%	40.0%	▼ 1.5 pts
Operating margin	9.3%	16.7%	18.4%	20.5%	18.3%	▼ 2.2 pts
Net margin	2.0%	11.7%	13.2%	15.0%	12.4%	▼ 2.5 pts
Return on assets (ROA)	0.4%	3.0%	3.6%	4.3%	3.6%	▼ 0.7 pts
Return on equity (ROE)	0.6%	4.6%	5.3%	6.6%	5.6%	▼ 1.0 pts
Free cash flow margin	21.3%	25.0%	24.0%	22.8%	20.0%	▼ 2.9 pts
Debt to equity	0.46×	0.43×	0.41×	0.45×	0.49×	▲ 8.5%

APLE price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Dear Life Co.,Ltd.3245.T95/ 100

Sakura Development Co.,Ltd2539.TW94/ 100

Millrose Properties, Inc.MRP94/ 100

Bringing the fundamentals into focus…

Overall health

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings

Drawback: less short-term liquidity (current ratio 0.29 vs a peer median of 1.20)less liquidity (current ratio 0.29 vs peers 1.20)

About average: profitability, growth and risk (debt, liquidity and share-price swings)profitability, growth and risk

Ranks #352 of 632 real estate companies (bottom 45%)

See how it ranks against its peers

Questions investors ask about Apple Hospitality REIT

Is Apple Hospitality REIT getting weaker?

Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 49/100 since Oct 28, 2026.

How is Apple Hospitality REIT valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 65/100 against 762 real estate peers. EBITDA yield 7.7% vs a peer median of 5.4% (stronger than 77% of peers).EBITDA yield 7.7% vs peers 5.4% (stronger than 77% of peers).

Is Apple Hospitality REIT growing?

At about the same pace as its peers. Growth scores 42/100 against 762 real estate peers. Earnings per share growth -2.8% vs a peer median of 11.2% (weaker than 65% of peers).Earnings per share growth -2.8% vs peers 11.2% (weaker than 65% of peers).

How profitable is Apple Hospitality REIT?

About as profitable as its peers. Profitability scores 54/100 against 762 real estate peers. Return on assets 3.6% vs a peer median of 2.1% (stronger than 79% of peers).Return on assets 3.6% vs peers 2.1% (stronger than 79% of peers).

How risky is Apple Hospitality REIT?

Moderate risk relative to 762 real estate peers, judged on debt, liquidity and share-price swings. Debt / equity 0.48× vs a peer median of 0.80× (stronger than 73% of peers).Debt / equity 0.48× vs peers 0.80× (stronger than 73% of peers). Current ratio 0.29× vs a peer median of 1.20× (weaker than 88% of peers).Current ratio 0.29× vs peers 1.20× (weaker than 88% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

1.4B USD

1.4B USD

+1.3%

Net income (12 months)

171.8M USD

175.3M USD

+2.0%

Operating margin

17.9%

17.9%

+0.0 pts

Free cash flow (12 months)

273.8M USD

290.3M USD

+6.0%

Debt

1.6B USD

1.5B USD

−4.1%

Cash

7.8M USD

10.2M USD

+29.6%

Shares outstanding

236.1M

236.1M

+0.0%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

41.9%

42.6%

41.9%

41.5%

40.0%

▼ 1.5 pts

Operating margin

9.3%

16.7%

18.4%

20.5%

18.3%

▼ 2.2 pts

Net margin

2.0%

11.7%

13.2%

15.0%

12.4%

▼ 2.5 pts

Return on assets (ROA)

0.4%

3.0%

3.6%

4.3%

3.6%

▼ 0.7 pts

Return on equity (ROE)

0.6%

4.6%

5.3%

6.6%

5.6%

▼ 1.0 pts

Free cash flow margin

21.3%

25.0%

24.0%

22.8%

20.0%

▼ 2.9 pts

Debt to equity

0.46×

0.43×

0.41×

0.45×

0.49×

▲ 8.5%