APLE vs HST vs TNL Stock Comparison

Apple Hospitality REIT, Host Hotels & Resorts and Travel & Leisure Prices as of Oct 26, 2026 Peers: Industry group
TNL Travel & Leisure Co.
$65.70 +3.2% 1M +0.8% 1Y
Market cap
$4.02B
P/E
17.2x
Revenue (TTM)
$4.09B
Div. yield
3.59%
Vacation Ownership Consumer Discretionary
2 wins

Head to Head

12 decided of 12

Host Hotels & Resorts leads on 7 of the 12 questions below (Host Hotels & Resorts 7, Apple Hospitality REIT 3, Travel & Leisure 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPLEHSTTNLLeader
Larger companyMarket capitalisation $4.31B $17.17B $4.02B HST
Cheaper on earningsLower P/E, profitable companies only 24.6x 16.7x 17.2x HST
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.7x 17.3x 9.1x TNL
Faster revenue growthRevenue growth, trailing twelve months +1.2% +4.9% +4.5% HST
More profitableNet margin, trailing twelve months 12.2% 16.5% 5.8% HST
Better return on capitalReturn on invested capital 5.5% 7.4% 14.4% TNL
Less leveragedLower net debt / EBITDA 3.3x 1.8x 5.4x HST
Higher dividend yieldTrailing dividend yield 5.26% 3.79% 3.59% APLE
Better 1-year returnPrice return, last 12 months +56.5% +52.0% +0.8% APLE
Better 5-year returnAnnualised price return, 5 years +3.2%/yr +8.4%/yr +4.2%/yr HST
Less volatileAnnualised volatility, 1 year 22.7% 25.5% 33.1% APLE
Higher overall scoreMean of the five percentile scores vs peers 60/100 74/100 59/100 HST

Percentile Scorecard

APLEHSTTNL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPLEHSTTNL
Valuation 78 #33 of 145 85 #22 of 145 93 #3 of 29
Growth 30 #100 of 142 66 #49 of 142 36 #17 of 26
Profitability 58 #58 of 136 70 #42 of 136 60 #11 of 26
Financial Health 92 #12 of 139 77 #33 of 139 17 #26 of 31
Shareholder Returns 42 #76 of 131 72 #37 of 131 90 #3 of 20
Overall 60 74 59
  • APLE ranked among 149 companies in Property REITs
  • HST ranked among 149 companies in Property REITs
  • TNL ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPLEHSTTNLSPY
1 month +12.8%+11.8%+3.2% -0.8%
3 months +8.2%+0.4%-13.9% +3.5%
6 months +36.9%+20.0%+0.6% +7.0%
Year to date +54.1%+41.3%-6.8% +12.2%
1 year +56.5%+52.0%+0.8% +13.0%
3 years +22.3%+66.5%+102.0% +86.3%
3 years, per year +6.9%+18.5%+26.4% +23.1%
5 years +17.1%+49.7%+22.8% +68.6%
5 years, per year +3.2%+8.4%+4.2% +11.0%
10 years +1.6%+67.0%+129.8% +258.0%
10 years, per year +0.2%+5.3%+8.7% +13.6%

Risk

MeasureAPLEHSTTNLSPY
Volatility, 1Y 22.7%25.5%33.1% 12.7%
Downside volatility, 1Y 20.9%25.3%37.5% 12.7%
Beta vs S&P 500, 1Y 0.630.670.95 1.00
Return / volatility, 1Y 2.492.040.02 1.02
Max drawdown, 5Y -42.5%-40.2%-47.6% -25.4%
From 52-week high 0.0%-1.9%-16.6% -1.8%
52-week high $18.26$25.54$78.74 $779.14
52-week low $11.17$16.02$61.25 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPLEHSTTNL
P/E now vs peer median 24.6xmedian 27.4x 16.7xmedian 27.4x 17.2xmedian 18.8x
P/S now vs peer median 3.0xmedian 4.2x 2.8xmedian 4.2x 1.0xmedian 1.5x
EV/EBITDA now vs peer median 12.8xmedian 14.2x 11.9xmedian 14.2x 11.2xmedian 15.2x
P/FCF now vs peer median 22.4xmedian 23.2x 16.9xmedian 23.2x 9.1xmedian 16.1x
P/B now vs peer median 1.4xmedian 1.3x 2.7xmedian 1.3x -3.9xmedian 2.5x
PEG now vs peer median 11.66median 2.11 1.39median 2.11 -2.13median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPLEHSTTNL
Revenue $1.44B $6.22B $4.09B
Gross profit $579.20M $1.68B $3.80B
Operating income $258.26M $905.00M $560.00M
Net income $175.27M $1.04B $238.00M
Free cash flow $192.49M $1.02B $442.00M
EPS (diluted) $0.74 $1.49 $3.75
Cash & equivalents $10.15M $1.95B –
Total debt $1.50B $5.08B $3.70B
Shares (diluted) 236.15M 687.00M 63.40M
Enterprise value $4.23B $12.43B $4.02B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPLEHSTTNL
P/E 24.6x 16.7x 17.2x
P/FCF 22.4x 16.9x 9.1x
P/Operating cash flow 11.2x 10.7x 7.4x
P/S 3.0x 2.8x 1.0x
P/B 1.4x 2.7x -3.9x
P/Tangible book 1.4x 2.7x -3.3x
EV/EBITDA 12.8x 11.9x 11.2x
EV/EBIT 22.5x 22.4x 13.8x
EV/Revenue 4.0x 3.3x 1.9x
EV/FCF 30.1x 20.0x 17.5x
EV/Operating cash flow 15.0x 12.6x 14.2x
PEG (3Y EPS CAGR) 11.66 1.39 -2.13

Growth

14 metrics
MetricAPLEHSTTNL
Revenue growth (1Y) 1.2% 4.9% 4.5%
Revenue CAGR (3Y) 3.1% 6.0% 3.8%
Gross profit growth (1Y) 0.0% 3.6% -0.9%
Gross profit CAGR (3Y) 1.5% -4.7% 2.5%
Operating income growth (1Y) -1.9% 6.0% -26.0%
Operating income CAGR (3Y) 4.7% 3.2% -5.9%
Net income growth (1Y) -3.1% 55.8% -40.1%
Net income CAGR (3Y) 3.2% 10.6% -13.3%
EPS growth (1Y) -2.5% 57.4% -37.1%
EPS CAGR (3Y) 2.1% 12.0% -8.1%
Operating cash flow growth (1Y) 1.3% 12.4% -8.6%
Operating cash flow CAGR (3Y) -0.1% 1.7% 19.2%
Free cash flow growth (1Y) -32.6% 874.8% -10.7%
Free cash flow CAGR (3Y) -1.5% 16.6% 18.4%

Profitability

14 metrics
MetricAPLEHSTTNL
Gross margin 40.2% 27.0% 92.9%
EBITDA margin 31.5% 27.4% 16.8%
Operating margin 17.9% 14.6% 13.7%
Pretax margin 12.2% 17.6% 8.5%
Net margin 12.2% 16.5% 5.8%
FCF margin 13.4% 16.3% 10.8%
Operating cash flow margin 26.8% 25.8% 13.3%
Return on equity 5.6% 15.8% –
Return on assets 3.6% 7.9% 3.5%
Return on invested capital 5.5% 7.4% 14.4%
Return on capital employed – – –
Asset turnover 0.3x 0.5x 0.6x
Cash conversion (OCF / net income) 2.2x 1.5x 2.3x
Stock comp / revenue – 0.4% 1.4%

Financial Health

11 metrics
MetricAPLEHSTTNL
Debt / assets 30.9% 38.3% 53.7%
Debt / equity 0.5x 0.8x -3.6x
Net debt / EBITDA 3.3x 1.8x 5.4x
Debt / FCF 7.8x 5.0x 8.4x
Liabilities / assets 35.4% 51.8% 114.8%
Equity / assets 64.6% 48.2% -14.8%
Interest coverage – 3.8x 1.5x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricAPLEHSTTNL
Dividend yield 5.3% 3.8% 3.6%
Net buyback yield 0.3% 0.4% 7.4%
Shareholder yield 5.6% 4.2% 11.0%
Payout ratio (earnings) 129.5% 62.6% 62.6%
Payout ratio (FCF) 117.9% 64.2% 33.7%
Dividend growth (1Y) -6.3% 3.8% 1.4%
Dividend CAGR (3Y) 1.1% 13.8% 2.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPLEHSTTNL
Forward P/E 23.7xFY2026 17.3xFY2026 9.1xFY2026
EPS, next fiscal year $0.77FY2026 $1.45FY2026 $7.22FY2026
EPS growth, next FY +4.1%FY2026 +31.8%FY2026 +13.9%FY2026
EPS growth, the year after +1.3% -30.3% +24.9%
Revenue, next fiscal year $1.51BFY2026 $6.54BFY2026 $4.44BFY2026
Revenue growth, next FY +7.2%FY2026 +7.0%FY2026 +10.5%FY2026
Revenue growth, the year after +2.7% -0.4% +2.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPLEHSTTNL
Held by institutions 86.8% 100.0% 100.0%
Institutions holding 367 737 473
Change in shares held, QoQ +1.4% +2.7% +5.0%
Institutions buying 207 432 199
Institutions selling 108 209 193
Buyers to sellers 1.92 2.07 1.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APLEHSTTNL
APLE 1.00 0.73 0.55
HST 0.73 1.00 0.55
TNL 0.55 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APLE, HST and TNL?

Host Hotels & Resorts (HST) is the largest by market capitalisation: Apple Hospitality REIT (APLE) $4.31B, Host Hotels & Resorts (HST) $17.17B, Travel & Leisure (TNL) $4.02B.

Which stock is cheaper, APLE, HST and TNL?

Host Hotels & Resorts (HST) trades on the lowest price-to-earnings ratio (Apple Hospitality REIT (APLE) 24.6x, Host Hotels & Resorts (HST) 16.7x, Travel & Leisure (TNL) 17.2x). On next year's consensus earnings, Travel & Leisure (TNL) is cheapest (Apple Hospitality REIT (APLE) 23.7x, Host Hotels & Resorts (HST) 17.3x, Travel & Leisure (TNL) 9.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Host Hotels & Resorts (HST) grew revenue fastest over the trailing twelve months: Apple Hospitality REIT (APLE) +1.2%, Host Hotels & Resorts (HST) +4.9%, Travel & Leisure (TNL) +4.5%.

Which company is more profitable?

Host Hotels & Resorts (HST) has the highest net margin (Apple Hospitality REIT (APLE) 12.2%, Host Hotels & Resorts (HST) 16.5%, Travel & Leisure (TNL) 5.8%). On return on invested capital, Travel & Leisure (TNL) leads (Apple Hospitality REIT (APLE) 5.5%, Host Hotels & Resorts (HST) 7.4%, Travel & Leisure (TNL) 14.4%).

Which stock has performed better?

Over the past year Apple Hospitality REIT (APLE) returned the most: Apple Hospitality REIT (APLE) +56.5%, Host Hotels & Resorts (HST) +52.0%, Travel & Leisure (TNL) +0.8%. Over five years, Host Hotels & Resorts (HST) compounded fastest (Apple Hospitality REIT (APLE) +3.2%/yr, Host Hotels & Resorts (HST) +8.4%/yr, Travel & Leisure (TNL) +4.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Apple Hospitality REIT (APLE) has the highest dividend yield: Apple Hospitality REIT (APLE) 5.26%, Host Hotels & Resorts (HST) 3.79%, Travel & Leisure (TNL) 3.59%.

Which stock is riskier?

By one-year price volatility, Apple Hospitality REIT (APLE) has been the steadiest (Apple Hospitality REIT (APLE) 22.7%, Host Hotels & Resorts (HST) 25.5%, Travel & Leisure (TNL) 33.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APLE, HST and TNL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Host Hotels & Resorts (HST) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.