Apple Hospitality REIT (APLE) Gross Margin (2010 - 2026)
Apple Hospitality REIT's (APLE) quarterly Gross Margin came in at 38.73% in Q1 2026, down 28.0% year-on-year from 53.79% in Q1 2025, and up 4.05% on a QoQ basis from 37.22% in Q4 2025.
Apple Hospitality REIT (APLE) Gross Margin (2010 - 2026) Analysis & Trends
Apple Hospitality REIT (APLE) has 17 years of Gross Margin data on file, last reported at 38.73% in Q1 2026.
- On a quarterly basis, Gross Margin fell 28.0% year-over-year to 38.73% in Q1 2026; TTM through Mar 2026 was 39.93%, a 128.0% decrease from a year earlier, with the FY2025 full-year figure at 40.01%, down 146.0% from the prior year.
- Gross Margin for Q1 2026 stood at 38.73%, up from 37.22% in the prior quarter.
- Over the last five years, Gross Margin for APLE reached as high as 45.95% in Q2 2022 and fell as low as 37.22% in Q4 2025.
- Historically, Gross Margin has averaged 41.19% across 5 years, with a median of 40.63% in 2025.
- Across the five-year window, Gross Margin jumped 624 bps in 2022 and slumped 193 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 39.52% in 2022, then declined by 2 bps to 38.76% in 2023, then retreated by 0 bps to 38.63% in 2024, then slipped by 4 bps to 37.22% in 2025, then grew by 4 bps to 38.73% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 38.73% in Q1 2026, 37.22% in Q4 2025, and 40.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 43.68% |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 38.73% |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 82.96% |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | 83.61% |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 99.94% |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 32.86% |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 33.80% |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | - |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | 8.29% |
| 10 | Summit Hotel Properties | 730.53 Mn | 1.08 Bn | 148.71 Mn | 80.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.73% |
| Dec 31, 2025 | 37.22% |
| Sep 30, 2025 | 40.63% |
| Jun 30, 2025 | 42.62% |
| Mar 31, 2025 | 39.01% |
| Dec 31, 2024 | 38.63% |
| Sep 30, 2024 | 41.94% |
| Jun 30, 2024 | 44.55% |
| Mar 31, 2024 | 40.13% |
| Dec 31, 2023 | 38.76% |
| Sep 30, 2023 | 43.14% |
| Jun 30, 2023 | 44.55% |
| Mar 31, 2023 | 40.55% |
| Dec 31, 2022 | 39.52% |
| Sep 30, 2022 | 43.41% |
| Jun 30, 2022 | 45.95% |
| Mar 31, 2022 | 40.88% |
| Dec 31, 2021 | 40.51% |
| Sep 30, 2021 | 44.45% |
| Jun 30, 2021 | 45.27% |