Apple Hospitality REIT, Inc. (FRA:48T)

Apple Hospitality REIT Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1,285	1,299	1,226	1,139	871.44	560.49
Other Revenue	133.52	132.94	117.64	98.98	62.43	41.39
Total Revenue	1,419	1,431	1,344	1,238	933.87	601.88
Revenue Growth (YoY	0.57%	6.52%	8.51%	32.61%	55.16%	-52.48%
Property Expenses	808.62	795.32	742.49	678.63	534.32	419.51
Selling, General & Administrative	163.85	169.48	164.94	147.22	120.87	90.38
Depreciation & Amortization	191.99	190.6	183.24	181.7	184.47	199.79
Total Operating Expenses	1,164	1,155	1,091	1,008	839.67	709.68
Operating Income	254.53	276.07	253.13	230.87	94.2	-107.8
Interest Expense	-81.59	-77.75	-68.86	-59.73	-67.75	-70.84
EBT Excluding Unusual Items	172.94	198.32	184.27	171.14	26.45	-178.63
Gain (Loss) on Sale of Assets	9.47	19.74	-	1.79	3.6	10.85
Asset Writedown	-5.88	-3.06	-5.64	-26.18	-10.75	-5.1
Pretax Income	176.52	215.01	178.62	146.75	19.3	-172.88
Income Tax Expense	0.96	0.95	1.14	1.94	0.47	0.33
Net Income	175.57	214.06	177.49	144.81	18.83	-173.21
Net Income to Common	175.57	214.06	177.49	144.81	18.83	-173.21
Net Income Growth	-14.36%	20.61%	22.57%	669.09%	-	-
Basic Shares Outstanding	239	241	229	229	226	224
Diluted Shares Outstanding	239	241	229	229	226	224
Shares Change (YoY)	-0.04%	5.20%	0.17%	1.14%	1.26%	-0.16%
EPS (Basic)	0.74	0.89	0.77	0.63	0.08	-0.77
EPS (Diluted)	0.74	0.89	0.77	0.63	0.08	-0.77
EPS Growth	-14.33%	14.64%	22.37%	660.42%	-	-
Dividend Per Share	0.960	0.960	0.960	0.600	0.040	0.300
Dividend Growth	-	-	60.00%	1400.00%	-86.67%	-75.00%
Operating Margin	17.94%	19.29%	18.84%	18.64%	10.09%	-17.91%
Profit Margin	12.37%	14.95%	13.21%	11.69%	2.02%	-28.78%
EBITDA	446.92	467.08	436.75	412.96	279.07	92.43
EBITDA Margin	31.50%	32.63%	32.50%	33.35%	29.88%	15.36%
D&A For Ebitda	192.39	191.01	183.63	182.09	184.86	200.23
EBIT	254.53	276.07	253.13	230.87	94.2	-107.8
EBIT Margin	17.94%	19.29%	18.84%	18.64%	10.09%	-17.91%
Funds From Operations (FFO)	360.93	384.93	363.32	347.84	205.26	13.38
Adjusted Funds From Operations (AFFO)	-	384.93	363.32	347.84	205.26	13.38
FFO Payout Ratio	63.52%	60.18%	65.59%	40.10%	3.31%	503.50%
Effective Tax Rate	0.54%	0.44%	0.64%	1.32%	2.43%	-
Revenue as Reported	1,419	1,431	1,344	1,238	933.87	601.88

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.