Apple Hospitality REIT, Inc. (APLE)

Apple Hospitality REIT Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,344	1,238	933.87	601.88	1,267
Revenue Growth (YoY)	8.51%	32.61%	55.16%	-52.48%	-0.31%
Cost of Revenue	573.51	524.17	414.33	336.22	534.44
Gross Profit	770.29	714.25	519.54	265.66	732.16
Selling, General & Admin	164.94	147.22	120.87	90.38	152.3
Other Operating Expenses	357.87	362.33	315.22	288.17	351.09
Operating Expenses	522.81	509.55	436.1	378.55	503.39
Operating Income	247.48	204.69	83.45	-112.89	228.77
Interest Expense / Income	68.86	59.73	67.75	70.84	61.19
Other Expense / Income	-	-1.79	-3.6	-10.85	-5.02
Pretax Income	178.62	146.75	19.3	-172.88	172.6
Income Tax	1.14	1.94	0.47	0.33	0.68
Net Income	177.49	144.81	18.83	-173.21	171.92
Net Income Growth	22.57%	669.09%	-	-	-16.58%
Shares Outstanding (Basic)	229	229	226	224	224
Shares Outstanding (Diluted)	229	229	226	224	224
Shares Change	0.17%	1.14%	1.26%	-0.16%	-2.50%
EPS (Basic)	0.77	0.63	0.08	-0.77	0.77
EPS (Diluted)	0.77	0.63	0.08	-0.77	0.77
EPS Growth	22.22%	687.50%	-	-	-14.44%
Free Cash Flow	326.98	309.07	199.25	-21.83	306.78
Free Cash Flow Per Share	1.43	1.35	0.88	-0.10	1.37
Dividend Per Share	1.010	0.760	0.040	0.300	1.100
Dividend Growth	32.89%	1800.00%	-86.67%	-72.73%	-15.38%
Gross Margin	57.32%	57.67%	55.63%	44.14%	57.81%
Operating Margin	18.42%	16.53%	8.94%	-18.76%	18.06%
Profit Margin	13.21%	11.69%	2.02%	-28.78%	13.57%
Free Cash Flow Margin	24.33%	24.96%	21.34%	-3.63%	24.22%
Effective Tax Rate	0.64%	1.32%	2.43%	-	0.39%
EBITDA	430.72	388.18	271.52	97.75	427.03
EBITDA Margin	32.05%	31.34%	29.07%	16.24%	33.71%
Depreciation & Amortization	183.24	181.7	184.47	199.79	193.24
EBIT	247.48	206.48	87.04	-102.04	233.79
EBIT Margin	18.42%	16.67%	9.32%	-16.95%	18.46%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).