APLEApple Hospitality REIT, Inc.

$3B

Q1 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$298M+1.9% YoY

Gross Profit

$106M35.5% margin

Operating Income

$54M18.2% margin

Net Income

$42M14.1% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$28M

Stock-Based Comp.

$300,000

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$1.4B

Stockholders' Equity

$3.6B

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$298M	$293M	+1.9%
Gross Profit	$106M	$105M	+1.2%
Operating Income	$54M	$46M	+17.1%
Net Income	$42M	$34M	+22.7%

APLE Q1 2018 Earnings — Apple Hospitality REIT, Inc. Revenue & Financial Results | Market Cap Arena