Apple Hospitality REIT (APLE) Gross Margin (2010 - 2026)

Apple Hospitality REIT (APLE) reported Gross Margin of 38.73% for Q1 2026, down 28.0% year-over-year from 53.79% in Q1 2025, and up 4.05% quarter-over-quarter 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.

  • Gross Margin for Q1 2026 came in at 38.73%, down 28.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.93% (down 128.0% YoY), and the FY2025 annual result was 40.01%, down 146.0% from the prior year.
  • Gross Margin improved to 38.73% in Q1 2026 per APLE's latest filing, from 37.22% in the prior quarter.
  • Over five years, Gross Margin peaked at 45.95% in Q2 2022 and troughed at 37.22% in Q4 2025.
  • A 5-year average of 41.19% and a median of 40.63% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin soared 624 bps in 2022, then plunged 193 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 39.52% in 2022, then decreased by 2 bps to 38.76% in 2023, then dropped by 0 bps to 38.63% in 2024, then fell by 4 bps to 37.22% in 2025, then gained by 4 bps to 38.73% in 2026.
  • Business Quant data shows APLE's Gross Margin at 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 7.50 Bn 7.12 Bn 290.28 Mn 43.68%
2 Apple Hospitality REIT 3.69 Bn 3.68 Bn 130.80 Mn 38.73%
3 Park Hotels & Resorts 2.80 Bn 2.58 Bn 525.00 Mn 84.41%
4 DiamondRock Hospitality 2.37 Bn 2.34 Bn 248.91 Mn 96.42%
5 Sunstone Hotel Investors 2.16 Bn 2.00 Bn 226.95 Mn 87.39%
6 Pebblebrook Hotel Trust 1.91 Bn 1.81 Bn 113.57 Mn 32.86%
7 Xenia Hotels & Resorts 1.70 Bn 1.65 Bn 99.84 Mn 33.80%
8 RLJ Lodging Trust 1.58 Bn 1.24 Bn - -
9 Summit Hotel Properties 606.83 Mn 612.28 Mn 148.71 Mn 80.36%
10 Chatham Lodging Trust 558.19 Mn 571.00 Mn 67.74 Mn 100.00%

Historic Data

Download Data
DateValue
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%