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Growth Metrics

Apple Hospitality REIT (APLE) Rent Expense (2016 - 2019)

Apple Hospitality REIT (APLE) has disclosed Rent Expense for 7 consecutive years, with $405000.0 as the latest value for Q4 2019.

  • Quarterly Rent Expense fell 85.45% to $405000.0 in Q4 2019 from the year-ago period, while the trailing twelve-month figure was $1.7 million through Dec 2019, down 85.41% year-over-year, with the annual reading at $1.5 million for FY2020, 8.99% down from the prior year.
  • Rent Expense for Q4 2019 was $405000.0 at Apple Hospitality REIT, down from $425000.0 in the prior quarter.
  • The five-year high for Rent Expense was $2.9 million in Q2 2018, with the low at $405000.0 in Q1 2019.
  • Average Rent Expense over 5 years is $2.2 million, with a median of $2.6 million recorded in 2015.
  • The sharpest move saw Rent Expense soared 186.81% in 2015, then tumbled 85.79% in 2019.
  • Over 5 years, Rent Expense stood at $2.5 million in 2015, then increased by 13.24% to $2.8 million in 2016, then rose by 0.18% to $2.8 million in 2017, then decreased by 1.52% to $2.8 million in 2018, then crashed by 85.45% to $405000.0 in 2019.
  • According to Business Quant data, Rent Expense over the past three periods came in at $405000.0, $425000.0, and $423000.0 for Q4 2019, Q3 2019, and Q2 2019 respectively.