Apple Hospitality REIT (APLE) Operating Expenses (2010 - 2026)
Apple Hospitality REIT (APLE) reported Operating Expenses of $289.7 million for Q1 2026, up 3.33% year-over-year from $280.4 million in Q1 2025, and up 2.73% quarter-over-quarter from $282.0 million in Q4 2025.
Apple Hospitality REIT (APLE) Operating Expenses (2010 - 2026) Analysis & Trends
Apple Hospitality REIT (APLE) has 17 years of Operating Expenses data on file, last reported at $289.7 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $289.7 million, up 3.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 1.19% YoY), and the FY2025 annual result was $1.2 billion, up 0.8% from the prior year.
- Operating Expenses rose to $289.7 million in Q1 2026 per APLE's latest filing, from $282.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $305.8 million in Q3 2025 and troughed at $227.6 million in Q1 2022.
- A 5-year average of $279.2 million and a median of $281.6 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses increased 26.58% in 2022, then declined 2.87% in 2023.
- A 5-year view of Operating Expenses shows it stood at $281.6 million in 2022, then decreased by 2.87% to $273.5 million in 2023, then advanced by 4.06% to $284.7 million in 2024, then retreated by 0.93% to $282.0 million in 2025, then rose by 2.73% to $289.7 million in 2026.
- Business Quant data shows APLE's Operating Expenses at $289.7 million in Q1 2026, $282.0 million in Q4 2025, and $305.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | 224.99 Mn |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 170.88 Mn |
| 10 | Chatham Lodging Trust | 558.19 Mn | 571.00 Mn | 67.74 Mn | 63.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 289.73 Mn |
| Dec 31, 2025 | 282.02 Mn |
| Sep 30, 2025 | 305.76 Mn |
| Jun 30, 2025 | 299.52 Mn |
| Mar 31, 2025 | 280.40 Mn |
| Dec 31, 2024 | 284.66 Mn |
| Sep 30, 2024 | 301.12 Mn |
| Jun 30, 2024 | 297.01 Mn |
| Mar 31, 2024 | 275.66 Mn |
| Dec 31, 2023 | 273.55 Mn |
| Sep 30, 2023 | 281.97 Mn |
| Jun 30, 2023 | 278.60 Mn |
| Mar 31, 2023 | 262.21 Mn |
| Dec 31, 2022 | 281.63 Mn |
| Sep 30, 2022 | 267.53 Mn |
| Jun 30, 2022 | 256.92 Mn |
| Mar 31, 2022 | 227.64 Mn |
| Dec 31, 2021 | 222.50 Mn |
| Sep 30, 2021 | 229.36 Mn |
| Jun 30, 2021 | 207.55 Mn |