Feed / APLE

Apple Hospitality REIT, Inc.

APLE

Real Estate · 15.55 -0.2% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Apple Hospitality REIT, Inc.'s current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

What changed
  • Revenue increased 4.7% versus the comparable filing period.
Company-0.2% todayVolume comparison unavailable
Market group0 of 37 activeNo Coherent Theme · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • $130M term loan and the Revolving Credit Facility mature July 25, 2026; extensions available up to one year subject to covenant compliance and fees; company plans to pursue refinancing.
  • Company reported revenue and same-store results increased for Q1 2026, reflecting improved demand beyond prior-year headwinds, including reduced government travel.

Invalidation: The isolated read changes if APLE's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Real Estate · REIT - Hotel & Motel

The latest filing evidence is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 4.7% versus the comparable filing period.
Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • $130M term loan and the Revolving Credit Facility mature July 25, 2026; extensions available up to one year subject to covenant compliance and fees; company plans to pursue refinancing.
  • Company reported revenue and same-store results increased for Q1 2026, reflecting improved demand beyond prior-year headwinds, including reduced government travel.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements71
Verified relationships0
Evidence supporting the case
  • Operating cash flow covered net income at 2.11x in the latest annual period.
  • Credit and interest rates has repeated favorable evidence across 5 filings.
  • Macroeconomic conditions has repeated favorable evidence across 5 filings.
  • Input and raw-material costs has repeated favorable evidence across 3 filings.
  • Labor availability and costs has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Latest annual revenue changed -1.3% year over year.
  • Operating margin changed -2.2 percentage points in the latest annual period.
  • Net margin changed -2.5 percentage points in the latest annual period.
Questions before a position
  • P/E is 22% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 36% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

15.55
6m+31.0%12m+24.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$933.9M+55.2%$0.08+1.3%
2022-12-31$1.2B+32.6%$0.63+1.1%
2023-12-31$1.3B+8.5%$0.77+0.2%
2024-12-31$1.4B+6.5%$0.89+5.2%
2025-12-31$1.4B-1.3%$0.74-1.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
Interest expense related to the Company’s debt instruments for the three and six months ended June 30, 2026 remained relatively unchanged compared to the same periods of 2025 as a result of higher average borrowings associated with variable-rate debt, offset…
10-Q · Aug 5, 2026
Macroeconomic conditionsmixed · 5 filings
Revenue increased for the three and six months ended June 30, 2026 compared to the same periods in 2025, reflecting improved demand beyond the impact of prior-year headwinds, including reduced government travel following the current administration’s efforts t…
10-Q · Aug 5, 2026
Input and raw-material costspositive · 3 filings
The increase in hotel operating expense for the year ended December 31, 2025, as compared to the year ended December 31, 2024, was primarily driven by increased labor costs, utility costs, repair and maintenance costs and general inflationary pressures throug…
10-K · Feb 23, 2026
Labor availability and costspositive · 3 filings
The increase in hotel operating expense for the year ended December 31, 2025, as compared to the year ended December 31, 2024, was primarily driven by increased labor costs, utility costs, repair and maintenance costs and general inflationary pressures throug…
10-K · Feb 23, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.6× · EV/sales 3.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

15.55-0.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for APLE. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment

The latest filing has limited comparable evidence

10-Q filed 2026-08-05 against the comparable filing from 2025-08-06.

limited evidence
OperationsmixedEvidence score +1
liquidityneutralEvidence score 0
valuationwithheld

Capital and cash conversion

Reported investment and cash context

Capital spending YoY
+23.6%
Capital spending / revenue
+5.4%
Free-cash-flow margin
+18.1%
FCF margin change
+0.4 pts

Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.

What improved

  • Revenue increased 4.7% versus the comparable filing period.

What weakened

No thresholded deterioration was identified.

Filing receipts

The decreases in property taxes, insurance and other expense for the three and six months ended June 30, 2026, as compared to the same periods in 2025, were primarily due to decreases in property insurance premiums and successful appeals of real estate tax assessments from prior periods in certain jurisdictions.

The increases in hotel operating expense for the three and six months ended June 30, 2026, as compared to the same periods in 2025, were primarily driven by higher occupancy levels, which resulted in increased variable operating expenses, including labor and administrative costs.

Utilities expense increased due to a combination of increased occupancy and increases in overall utility rates.

Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.

Business ecosystem

The relationships behind APLE

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

APLE is currently a Participant in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

This group is retained as the last observed read for APLE; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.