Apple Hospitality REIT (APLE) Gross Margin (2010 - 2026)
Apple Hospitality REIT (APLE) posted quarterly 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 reported Gross Margin for 17 consecutive years, with 38.73% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 28.0% year-over-year to 38.73%; the TTM figure through Mar 2026 stood at 39.93% (down 128.0% YoY), while the FY2025 annual figure was 40.01%, down 146.0% from the prior year.
- Gross Margin advanced to 38.73% in Q1 2026 per APLE's latest filing, from 37.22% in the prior quarter.
- Across five years, Gross Margin topped out at 45.95% in Q2 2022 and bottomed at 37.22% in Q4 2025.
- Historically, Gross Margin has averaged 41.19% across 5 years, with a median of 40.63% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin soared 624 bps — and 2025, when it plunged 193 bps.
- Apple Hospitality REIT's Gross Margin stood at 39.52% in 2022, then slipped by 2 bps to 38.76% in 2023, then declined by 0 bps to 38.63% in 2024, then retreated by 4 bps to 37.22% in 2025, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.15 Bn | 7.78 Bn | 364.88 Mn | 48.72% |
| 2 | Apple Hospitality REIT | 3.89 Bn | 3.88 Bn | 174.97 Mn | 43.47% |
| 3 | Park Hotels & Resorts | 3.17 Bn | 2.90 Bn | 232.00 Mn | 34.12% |
| 4 | DiamondRock Hospitality | 2.62 Bn | 2.52 Bn | 123.23 Mn | 38.72% |
| 5 | Sunstone Hotel Investors | 2.09 Bn | 1.89 Bn | 242.17 Mn | 87.39% |
| 6 | Pebblebrook Hotel Trust | 2.09 Bn | 1.83 Bn | 154.61 Mn | 37.97% |
| 7 | Xenia Hotels & Resorts | 1.79 Bn | 1.68 Bn | 97.24 Mn | 32.91% |
| 8 | RLJ Lodging Trust | 1.72 Bn | 780.07 Mn | - | - |
| 9 | Service Properties Trust | 1.04 Bn | 1.03 Bn | 156.32 Mn | 37.13% |
| 10 | Summit Hotel Properties | 645.89 Mn | 608.96 Mn | 138.35 Mn | 69.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.47% |
| 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% |