APLEApple Hospitality REIT, Inc.
Real Estate Investment Trusts
- Revenue
- $1.4B
- 1.3% YoY
- Operating margin
- 18.3%
- 11% YoY
- EBITDA
- $450M
- 6.8% YoY
- Market cap
- $4.4B
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $1.5B net debt
- AI in 10-K
- 0.5
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo211% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo81% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo94% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AIYes0.5 per 10K words · 22nd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo3.3× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$4.4B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$165K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $934M | $1.2B | $1.3B | $1.4B | $1.4B | 1.3% |
| Operating income | $87M | $206M | $247M | $293M | $258M | 12% |
| Net income | $19M | $145M | $177M | $214M | $175M | 18% |
| Operating cash flow | $218M | $368M | $399M | $405M | $370M | 8.7% |
| Capex | — | — | $77M | $78M | $88M | 13% |
| Buybacks | — | $3M | $7M | $35M | $58M | 68% |
| Dividends | $7M | $139M | $238M | $244M | $240M | 1.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $165K · 4
- Open-market sells, 12 mo
- $0 · 0
- Net
- $165K
Pay vs performance
No pay-versus-performance disclosure yet.