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← CockpitCompetitor Analysis › APLE Apple Hospitality REIT IncOpen in the cockpit ↗

Apple Hospitality REIT IncAPLECompetitor analysis, valuation and peers

United States · USD·Real Estate›Real Estate Investment Trusts

REIT owning upscale, select-service hotels operated under Marriott and Hilton brands across the US.

Momentum leader 91
Mkt cap
$4.46B
US dollars, full cap
Free float
93%
of shares outstanding
$/day
$48.7M
20-day average traded
Fwd P/E
25.1×
forward earnings
ROIC−WACC
n/a
WACC 8.4%
Hurdle
n/a
no reverse DCF
Next earnings
109 days
23 Feb 2027
Close · USD$18.88
1D+4.0%
1W+1.9%
1M+16.4%
3M+20.2%
6M+33.6%
YTD+59.3%
1Y+66.3%
ATR %2.4%
Beta0.66
52w lowhigh0.5% off high

What Apple Hospitality REIT does

REIT owning upscale, select-service hotels operated under Marriott and Hilton brands across the US.

Takes in room revenue from the hotels it owns, not rent, then pays franchise fees to Marriott and Hilton and management fees to the companies that run them, so occupancy and room rates drive results. The select-service format has limited food and meeting space and so fewer staff than full-service hotels.

Products and services

  • Marriott-branded hotels
  • Hilton-branded hotels

Customers

  • Business and leisure travelers

Where it sits in the supply chain

  • Hotel REIT
  • Select-service hotel ownership
  • Branded (Marriott/Hilton) hotel…

What could go right

  • Business/leisure travel demand growth
  • RevPAR growth in select-service segment

What could go wrong

  • Hotel-sector cyclicality/recession sensitivity
  • Reliance on third-party brand/management relationships

Moat: none (scale, brand). Owns hotels under strong third-party brands but has limited pricing power versus other REIT hotel owners.

Headquarters: Richmond, Virginia, US · Founded: 2007 · Employees: 64

Named competitors

Apple Hospitality REIT at a glance

Size Apple Hospitality REIT (APLE) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $4.46B, the 1272nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $18.88 on 6 Nov 2026.

Performance Over six months the shares gained 33.6%, against -2.3% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 1.2% over the last twelve months (peer median -0.2%); the operating margin is 17.8% (peer median 42.5%).

Valuation It trades at 25.1× forward earnings against a peer median of 19.8× (7th most expensive of 18).

Short interest Short interest is 6.3% of the free float (15 Oct 2026).

Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026APLE 137Peer median 98
Six months, rebased to 100: Apple Hospitality REIT against the median of its 20 peers (local-currency closes).

Apple Hospitality REIT financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.44B$1.41B$1.43B$1.34B$1.24B
Revenue growth—-1%+7%+9%—
Gross profit$296M$283M$319M$301M$273M
EBITDA$452M$443M$467M$436M$413M
Net income$175M$175M$214M$177M$145M
Free cash flow$290M$283M$325M$327M$309M
Capital expenditure$95.8M$87.4M$80.3M$72.1M$59.4M
Total debt$1.61B$1.66B$1.59B$1.49B$1.49B

Quarterly statements and history in the cockpit →

Apple Hospitality REIT competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%+20%+30%0%+10%STWDM44USKTDXSREI-UN3283EPRCOLDAJBUGGCKRCCUZN2IUKRGSHCME8USLGAPLE6-month return →1-month return →
Up and to the right = strong over both horizons. Apple Hospitality REIT is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%50×100×STWDM44USKTDXSREI-UN3283EPRAJBUKRCCUZ89533281KRGSHCME8UAPLERevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Apple Hospitality REIT is the large dot.

Apple Hospitality REIT competitors and peer comparison

Head to head with its named competitors (APLE vs RHP vs HST vs RLJ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Apple Hospitality REIT APLE$4.46B+34%+1%18%25.1×n/a
Ryman Hospitality Properties RHP$9.11B+19%+13%20%26.4×n/a
Host Hotels & Resorts HST$16.9B+15%+5%14%23.2×n/a
RLJ Lodging Trust RLJ$1.92B+40%+1%10%700.2×n/a

How Apple Hospitality REIT compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Apple Hospitality REIT against its 20 peers (data as of 6 Nov 2026)
MeasureAPLEPeer medianRank in peer set
1-month return+16.4%+3.6%highest of 21
6-month return+33.6%-2.3%highest of 21
Distance from 52-week high-0.5%-15.2%highest of 21
Revenue growth (TTM)+1.2%-0.2%10th highest of 21
Operating margin17.8%42.5%3rd lowest of 21
Forward P/E25.1×19.8×7th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Apple Hospitality REIT APLEUnited States$4.46B+34%+1%18%25.1×n/an/a
Starwood Property Trust STWDUnited States$4.46B-32%+11%73%7.7×n/an/a
Mapletree Logistics Trust M44U.SISingapore$4.47B-6%-1%57%18.8×n/an/a
Tanger SKTUnited States$4.45B+6%+11%30%34.0×n/an/a
Dexus DXS.AXAustralia$4.44B0%-28%31%10.9×n/an/a
RioCan Real Estate Investment Trust REI-UN.TOCanada$4.41B-3%-13%53%12.8×n/an/a
Nippon Prologis REIT 3283.TJapan$4.37B-8%+9%44%23.2×n/an/a
EPR Properties EPRUnited States$4.56B+2%+7%38%19.8×n/an/a
Americold Realty Trust COLDUnited States$4.57B+8%0%6%n/an/an/a
Keppel DC REIT AJBU.SISingapore$4.67B-6%+30%77%18.0×n/an/a
General de Galerias Comerciales GGC.MCSpain$4.70B0%+3%78%n/an/an/a
Kilroy Realty KRCUnited States$4.21B+3%-4%23%96.4×n/an/a
Cousins Properties CUZUnited States$4.87B+11%+8%24%65.6×n/an/a
Japan Metropolitan Fund Investment 8953.TJapan$4.87B-8%0%41%18.9×n/an/a
Mapletree Pan Asia Commercial Trust N2IU.SISingapore$4.89B-7%-5%64%15.6×n/an/a
Glp J-reit 3281.TJapan$4.00B-2%-6%45%22.5×n/an/a
Japan Real Estate Investment 8952.TJapan$4.98B-10%-1%38%25.6×n/an/a
Kite Realty Group Trust KRGUnited States$5.04B-4%-7%23%68.2×n/an/a
Shaftesbury Capital SHC.LUnited Kingdom$3.91B+16%+9%53%30.1×n/an/a
Mapletree Industrial Trust ME8U.SISingapore$3.89B-10%-5%65%14.6×n/an/a
SL Green Realty SLGUnited States$3.88B+11%+9%12%n/an/an/a

Questions

Who are Apple Hospitality REIT's main competitors?
Named competitors: Ryman Hospitality Properties (RHP), Host Hotels & Resorts (HST), RLJ Lodging Trust (RLJ). The cockpit's measured peer set (industry) also includes Starwood Property Trust (STWD), Mapletree Logistics Trust (M44U.SI), Tanger (SKT), Dexus (DXS.AX), RioCan Real Estate Investment Trust (REI-UN.TO), Nippon Prologis REIT (3283.T).
Is Apple Hospitality REIT expensive compared with its peers?
On forward p/e it trades at 25.1× against a peer median of 19.8×, 7th most expensive of 18 in its peer set.
How has Apple Hospitality REIT stock performed?
Over six months to 6 Nov 2026 the shares returned +33.6% against -2.3% for the median peer; over one year +66.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.