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
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%