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Apple Hospitality REIT Inc

Real Estate US APLE

15.48USD
0.23(1.51%)

Last update at 2024-12-19T18:51:00Z

Day Range

15.2615.55
LowHigh

52 Week Range

13.3216.77
LowHigh

Fundamentals

  • Previous Close 15.25
  • Market Cap3879.59M
  • Volume596487
  • P/E Ratio19.02
  • Dividend Yield5.98%
  • EBITDA461.02M
  • Revenue TTM1410.89M
  • Revenue Per Share TTM5.91
  • Gross Profit TTM 559.78M
  • Diluted EPS TTM0.85

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 146.75M 19.30M -172.87500M 172.60M 206.67M
Minority interest - - - - -
Net income 144.81M 18.83M -173.20700M 171.92M 206.09M
Selling general administrative 42.46M 41.04M 29.37M 36.21M 24.29M
Selling and marketing expenses 104.76M 79.83M 61.00M 116.09M 105.83M
Gross profit 455.03M 319.71M 121.36M 464.68M 468.62M
Reconciled depreciation 181.70M 184.47M 199.79M 193.24M 183.48M
Ebit 206.48M 87.04M -107.79700M 233.79M 260.84M
Ebitda 412.56M 278.67M 91.99M 428.47M 444.32M
Depreciation and amortization 206.09M 191.63M 199.79M 194.69M 183.48M
Non operating income net other - - - - -
Operating income 206.48M 87.04M -107.79700M 233.79M 257.86M
Other operating expenses 1007.55M 839.67M 709.68M 1031.36M 1009.71M
Interest expense 59.73M 67.75M 70.83M 61.19M 51.19M
Tax provision 1.94M 0.47M 0.33M 0.68M 0.59M
Interest income - - - 61.19M 51.19M
Net interest income -59.73300M -67.74800M -70.83500M -61.19100M -51.18500M
Extraordinary items - - - - -
Non recurring 26.18M 10.75M 5.10M 6.47M 3.13M
Other items - - - - -
Income tax expense 1.94M 0.47M 0.33M 0.68M 0.59M
Total revenue 1238.42M 933.87M 601.88M 1266.60M 1270.56M
Total operating expenses 224.16M 225.51M 229.16M 229.45M 207.78M
Cost of revenue 783.39M 614.16M 480.52M 801.91M 801.94M
Total other income expense net -59.73300M -67.74800M -65.07800M -61.19100M -2.98300M
Discontinued operations - - - - -
Net income from continuing ops 144.81M 18.83M -173.20700M 171.92M 206.09M
Net income applicable to common shares 144.81M 18.83M -173.20700M 171.92M 206.09M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 4937.30M 4772.71M 4790.53M 4829.76M 4942.41M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 48.61M 39.44M 36.67M 34.13M 12.09M
Total liab 1613.32M 1594.32M 1643.21M 1800.41M 1651.40M
Total stockholder equity 3323.98M 3178.39M 3147.32M 3029.35M 3291.01M
Deferred long term liab - 4.80M 1.00M 2.10M 2.60M
Other current liab -111.89200M -112.00600M -76.00000M -105.80000M -50.90000M
Common stock 4794.80M 4577.02M 4569.35M 4488.42M 4493.76M
Capital stock 4794.80M 4577.02M 4569.35M 4488.42M 4493.76M
Retained earnings -1491.22700M -1435.50800M -1406.52300M -1416.27000M -1198.05200M
Other liab - - - - 7.50M
Good will - - - - -
Other assets 2.33M 48.16M 4787.24M 4824.20M 9.33M
Cash 10.29M 4.08M 3.28M 5.56M -216.62700M
Cash and equivalents - - - - -
Total current liabilities 129.93M 116.06M 92.67M 97.86M 114.36M
Current deferred revenue - - - - -
Net debt 1473.10M 1474.18M 1547.25M 1697.00M 1753.66M
Short term debt 111.89M 112.01M 76.00M 105.80M 50.90M
Short long term debt - - 76.00M 105.80M 50.90M
Short long term debt total 1483.39M 1478.26M 1550.53M 1702.55M 1537.03M
Other stockholder equity -0.00000M 36.88M -1422.03100M 0.20M 0.30M
Property plant equipment - 4610.96M 4677.19M 4732.90M 4825.74M
Total current assets 95.34M 86.84M 80.00M 61.82M 73.68M
Long term investments - - - - -
Net tangible assets - 3178.39M 3147.32M 3029.35M 3291.01M
Short term investments 22.74M - 4677.19M - -
Net receivables 36.44M 43.33M 40.05M 22.14M 26.93M
Long term debt 1371.49M 1366.25M 1438.76M 1482.57M 1320.41M
Inventory - - - - -
Accounts payable 129.93M 116.06M 92.67M 97.86M 114.36M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 20.40M 36.88M -15.50800M -42.80200M -4.69800M
Additional paid in capital - - - - -
Common stock total equity - 4577.02M 4569.35M 4488.42M 4493.76M
Preferred stock total equity - - - - -
Retained earnings total equity - -1435.50800M -1406.52300M -1416.27000M -1198.05200M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4839.63M 4685.87M 4710.53M 4767.94M 4868.73M
Deferred long term asset charges - - - - -
Non current assets total 4839.63M 4685.87M 4710.53M 4767.94M 4868.73M
Capital lease obligations 111.89M 112.01M 111.78M 219.98M 216.63M
Long term debt total - 1366.25M 1438.76M 1482.57M 1320.41M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -135.91000M -0.89300M 0.48M -1.22900M -0.53700M
Change to liabilities 14.02M 14.09M -7.16800M 9.15M 3.03M
Total cashflows from investing activities -135.91000M -150.68300M -82.26100M -14.32400M -210.16000M
Net borrowings -80.06000M -124.56900M 139.86M -92.73700M 186.23M
Total cash from financing activities -228.97300M -61.29800M 55.24M -366.32100M -190.81100M
Change to operating activities -5.12100M -17.26700M 4.21M 1.40M 1.25M
Net income 144.81M 18.83M -173.20700M 171.92M 206.09M
Change in cash 3.56M 5.58M -0.29300M 1.03M 3.84M
Begin period cash flow 39.95M 34.37M 34.66M 33.63M 29.79M
End period cash flow 43.51M 39.95M 34.37M 34.66M 33.63M
Total cash from operating activities 368.45M 217.56M 26.73M 381.67M 404.81M
Issuance of capital stock - 75.00M - 0.00000M 4.68M
Depreciation 181.70M 184.47M 199.79M 193.24M 183.48M
Other cashflows from investing activities 8.29M 231.01M 54.50M 121.22M 15.42M
Dividends paid -139.46700M -6.79700M -67.37800M -268.67200M 275.89M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -9.27300M -3.34500M -17.24500M -4.91200M -105.82900M
Other cashflows from financing activities 164.77M -31.38700M -2.28900M -1.03100M 880.80M
Change to netincome 33.04M 17.44M 3.10M 5.97M 10.96M
Capital expenditures 59.38M 18.31M 48.56M 74.90M 74.29M
Change receivables - - - - -
Cash flows other operating -5.12100M -17.26700M 4.21M 1.40M 1.25M
Exchange rate changes - - - - -
Cash and cash equivalents changes 3.56M 5.58M -0.29300M 1.03M 3.84M
Change in working capital 8.90M -3.17900M -2.95300M 10.55M 4.29M
Stock based compensation - - - - -
Other non cash items 33.04M 17.44M 3.10M 5.97M 10.96M
Free cash flow 309.07M 199.25M -21.83100M 306.78M 330.52M

Peer Comparison

Sector: Real Estate Industry: REIT - Hotel & Motel

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
APLE
Apple Hospitality REIT Inc
0.23 1.51% 15.48 19.02 18.66 2.75 1.17 3.87 11.60
HST
Host Hotels & Resorts Inc
0.24 1.37% 17.79 17.99 19.88 2.68 2.12 3.33 10.59
RHP
Ryman Hospitality Properties Inc
0.69 0.66% 105.13 28.74 - 3.09 13.89 4.54 14.69
RLJ
RLJ Lodging Trust
0.17 1.74% 10.21 38.48 50.76 2.83 0.91 3.08 11.50
PK
Park Hotels & Resorts Inc
0.17 1.21% 14.59 - 11.29 1.27 0.86 2.74 15.89

Reports Covered

Stock Research & News

Profile

Apple Hospitality REIT, Inc., formed in November 2007 as a Virginia corporation, together with its wholly-owned subsidiaries (the "Company"), is a self-advised real estate investment trust ("REIT") that invests in income-producing real estate, primarily in the lodging sector, in the United States ("U.S."). The Company's fiscal year end is December 31. The Company has no foreign operations or assets, and its operating structure includes only one reportable segment. Although the Company has interests in potential variable interest entities through its purchase commitments, it is not the primary beneficiary as the Company does not have any elements of power in the decision-making process of these entities; therefore, the Company does not consolidate the entities. As of March 31, 2024, the Company owned 224 hotels with an aggregate of 29,886 guest rooms located in 37 states and the District of Columbia ("D.C."). The Company's common shares are listed on the New York Stock Exchange ("NYSE") under the ticker symbol "APLE."

Apple Hospitality REIT Inc

814 East Main Street, Richmond, VA, United States, 23219-3306

Key Executives

Name Title Year Born
Mr. Glade M. Knight Exec. Chairman 1944
Mr. Justin G. Knight CEO & Director 1973
Ms. Elizabeth S. Perkins Sr. VP & CFO 1983
Ms. Karen Catherine Gallagher Sr. VP & COO 1978
Mr. Nelson G. Knight Pres of Real Estate & Investments 1982
Ms. Rachel S. Labrecque Sr. VP & Chief Accounting Officer 1979
Ms. Kristian M. Gathright CPA Exec. Director 1973
Ms. Kelly Campbell Clarke VP of Investor Relations NA
Mr. Matthew P. Rash Sr. VP, Chief Legal Officer & Sec. 1979
Ms. Jeanette A. Clarke Sr. VP & Chief Capital Investment Officer 1982

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