APLE FY 2023 Earnings — Apple Hospitality REIT, Inc. Revenue & Financial Results | Market Cap Arena

APLEApple Hospitality REIT, Inc.

$3B

FY 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$1.3B+8.5% YoY

Gross Profit

$484M36.0% margin

Operating Income

$247M18.4% margin

Net Income

$177M13.2% margin

EPS (Diluted)

$0.77

Cash Flow

Operating Cash Flow

$399M

Free Cash Flow

$327M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$1.6B

Stockholders' Equity

$3.3B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+8.5%
Gross Profit	$484M	$455M	+6.3%
Operating Income	$247M	$206M	+19.9%
Net Income	$177M	$145M	+22.6%