Apple Hospitality REIT (APLE) Operating Margin (2009 - 2026)
Apple Hospitality REIT (APLE) recorded Operating Margin of 20.64% in Q3 2026, up 1.25 percentage points from 19.39% a year earlier but down 1.26 percentage points from the prior quarter.
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Analysis
Apple Hospitality REIT (APLE) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Apple Hospitality REIT's Operating Margin came in at 18.29% as of Sep 30, 2026, up 0.10 percentage points year-over-year; for FY2025, it was 18.25%, down 2.20 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +35.21 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 20.45% in FY2024 (+2.04 pp), 18.42% in FY2023 (+1.74 pp), 16.67% in FY2022 (+7.35 pp) and 9.32% in FY2021 (+26.27 pp).
- Quarterly Operating Margin has ranged from 5.85% in Q4 2022 to 23.97% in Q2 2024 over the past five years.
- On a year-over-year basis, Operating Margin rose in three of the last eight quarters, with an average year-over-year change of -0.84 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 35.69 percentage points in Q4 2021, against a drop of 6.21 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.90% (Q2 2026), 14.22% (Q1 2026) and 15.19% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 14.28% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 43.76% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 44.33% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 23.20% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 39.50% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 14.38% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 44.04% |
| 10 | Apple Hospitality REIT | 2.30 Bn | 2.24 Bn | 168.86 Mn | 20.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.64% |
| Jun 30, 2026 | 21.90% |
| Mar 31, 2026 | 14.22% |
| Dec 31, 2025 | 15.19% |
| Sep 30, 2025 | 19.39% |
| Jun 30, 2025 | 22.08% |
| Mar 31, 2025 | 15.52% |
| Dec 31, 2024 | 14.98% |
| Sep 30, 2024 | 20.52% |
| Jun 30, 2024 | 23.97% |
| Mar 31, 2024 | 21.73% |
| Dec 31, 2023 | 12.45% |
| Sep 30, 2023 | 21.30% |
| Jun 30, 2023 | 22.96% |
| Mar 31, 2023 | 15.81% |
| Dec 31, 2022 | 5.85% |
| Sep 30, 2022 | 22.10% |
| Jun 30, 2022 | 23.91% |
| Mar 31, 2022 | 12.61% |
| Dec 31, 2021 | 11.18% |
API Access
Apple Hospitality REIT Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=APLE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "APLE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=APLE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();