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Apple Hospitality REIT, Inc. APLE

NYSE · reit · Real Estate Investment Trusts · website · IPO 2015-05-18 · LEI

Apple Hospitality REIT, Inc. statistics & valuation

Market cap$4.0B
P / E22.7×
P / S2.8×
P / B1.3×
Dividend yield6.03%
Net margin12.4%
Return on equity5.6%
Net debt$1.5B
Net debt / EBITDA3.4×
Enterprise value USD$5.5B
EV / EBITDA12.2×
Earnings yield EBIT/EV4.7%
Graham number -6.4%$14.85

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($14.85); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
13.90% 14.70% 16.20% 13.60% -28.80% 2.00% 11.70% 13.20% 15.00% 12.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
17.80% 18.60% 20.30% 18.50% -17.00% 9.30% 16.70% 18.40% 20.50% 18.30% 2016201720182019202020212022202320242025
Return on equity (%)
4.10% 5.10% 6.00% 5.20% -5.70% 0.60% 4.60% 5.30% 6.60% 5.60% 2016201720182019202020212022202320242025
Shares outstanding
222.9M 230.0M 224.0M 223.9M 223.5M 228.3M 228.9M 241.5M 241.3M 237.8M 2016201720182019202020212022202320242025
Net debt ($)
$1.30B $1.22B $1.41B $1.32B $1.48B $1.44B $1.36B $1.36B $1.46B $1.53B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.90% 3.70% 4.20% 3.50% -3.60% 0.40% 3.00% 3.60% 4.30% 3.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.37× 0.34× 0.41× 0.40× 0.49× 0.46× 0.43× 0.41× 0.45× 0.49× 2016201720182019202020212022202320242025
EPS ($)
-$0.77 $0.08 $0.63 $0.77 $0.89 $0.74 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Apple Hospitality REIT, Inc. trades at about 21.4× earnings — near its 10-year norm (10-year range 15.7×–201.6×, median 20.9×).

15.7× 201.6×

Shaded band = 10-year range (15.7×–201.6×); dot = today's 21.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin18.3%20.5%18.4%16.7%9.3%-17.0%18.5%20.3%18.6%17.8%
Net margin12.4%15.0%13.2%11.7%2.0%-28.8%13.6%16.2%14.7%13.9%
Return on assets3.6%4.3%3.6%3.0%0.4%-3.6%3.5%4.2%3.7%2.9%
Return on equity5.6%6.6%5.3%4.6%0.6%-5.7%5.2%6.0%5.1%4.1%
Debt / equity0.49×0.45×0.41×0.43×0.46×0.49×0.40×0.41×0.34×0.37×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.