Apple Hospitality REIT Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2007
Revenue	1,344	1,238	933.87	601.88	1,267	1,271	1,239	1,041	898.31	803.9	Upgrade
Revenue Growth (YoY)	8.51%	32.61%	55.16%	-52.48%	-0.31%	2.58%	18.98%	15.89%	11.75%	107.19%	Upgrade
Cost of Revenue	573.51	524.17	414.33	336.22	534.44	534.5	521.8	435.98	376.13	337.61	Upgrade
Gross Profit	770.29	714.25	519.54	265.66	732.16	736.06	716.82	605.05	522.18	466.29	Upgrade
Selling, General & Admin	164.94	147.22	120.87	90.38	152.3	130.13	127.22	99.7	90.56	85.47	Upgrade
Other Operating Expenses	357.87	362.33	315.22	288.17	351.09	348.23	375.22	320.09	295.59	348.49	Upgrade
Operating Expenses	522.81	509.55	436.1	378.55	503.39	478.35	502.43	419.79	386.15	433.96	Upgrade
Operating Income	247.48	204.69	83.45	-112.89	228.77	257.71	214.39	185.26	136.03	32.33	Upgrade
Interest Expense / Income	68.86	59.73	67.75	70.84	61.19	51.19	47.34	40.03	33.13	23.52	Upgrade
Other Expense / Income	-	-1.79	-3.6	-10.85	-5.02	-0.15	-16.3	0.15	-15.29	-	Upgrade
Pretax Income	178.62	146.75	19.3	-172.88	172.6	206.67	183.34	145.08	118.19	8.8	Upgrade
Income Tax	1.14	1.94	0.47	0.33	0.68	0.59	0.85	0.43	0.9	1.97	Upgrade
Net Income	177.49	144.81	18.83	-173.21	171.92	206.09	182.49	144.65	117.29	6.83	Upgrade
Net Income Growth	22.57%	669.09%	-	-	-16.58%	12.93%	26.16%	23.33%	1616.49%	-94.07%	Upgrade
Shares Outstanding (Basic)	229	229	226	224	224	230	224	191	180	171	Upgrade
Shares Outstanding (Diluted)	229	229	226	224	224	230	224	191	180	171	Upgrade
Shares Change	0.17%	1.14%	1.26%	-0.16%	-2.50%	2.74%	17.12%	5.88%	5.12%	87.81%	Upgrade
EPS (Basic)	0.77	0.63	0.08	-0.77	0.77	0.90	0.82	0.76	0.65	0.04	Upgrade
EPS (Diluted)	0.77	0.63	0.08	-0.77	0.77	0.90	0.82	0.76	0.65	0.04	Upgrade
EPS Growth	22.22%	687.50%	-	-	-14.44%	9.76%	7.89%	16.92%	1525.00%	-96.83%	Upgrade
Free Cash Flow	326.98	309.07	199.25	-21.83	306.78	330.52	320.77	266.04	218.79	193.78	Upgrade
Free Cash Flow Per Share	1.43	1.35	0.88	-0.10	1.37	1.44	1.44	1.39	1.21	1.13	Upgrade
Dividend Per Share	1.010	0.760	0.040	0.300	1.100	1.300	1.100	1.200	0.800	-	Upgrade
Dividend Growth	32.89%	1800.00%	-86.67%	-72.73%	-15.38%	18.18%	-8.33%	50.00%	-	-	Upgrade
Gross Margin	57.32%	57.67%	55.63%	44.14%	57.81%	57.93%	57.87%	58.12%	58.13%	58.00%	Upgrade
Operating Margin	18.42%	16.53%	8.94%	-18.76%	18.06%	20.28%	17.31%	17.80%	15.14%	4.02%	Upgrade
Profit Margin	13.21%	11.69%	2.02%	-28.78%	13.57%	16.22%	14.73%	13.90%	13.06%	0.85%	Upgrade
Free Cash Flow Margin	24.33%	24.96%	21.34%	-3.63%	24.22%	26.01%	25.90%	25.56%	24.36%	24.11%	Upgrade
Effective Tax Rate	0.64%	1.32%	2.43%	-	0.39%	0.28%	0.46%	0.30%	0.76%	22.37%	Upgrade
EBITDA	430.72	388.18	271.52	97.75	427.03	441.34	407.18	333.27	278.77	145.44	Upgrade
EBITDA Margin	32.05%	31.34%	29.07%	16.24%	33.71%	34.74%	32.87%	32.01%	31.03%	18.09%	Upgrade
Depreciation & Amortization	183.24	181.7	184.47	199.79	193.24	183.48	176.5	148.16	127.45	113.11	Upgrade
EBIT	247.48	206.48	87.04	-102.04	233.79	257.86	230.68	185.11	151.32	32.33	Upgrade
EBIT Margin	18.42%	16.67%	9.32%	-16.95%	18.46%	20.29%	18.62%	17.78%	16.84%	4.02%	Upgrade

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).