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| 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% |