APLE Q1 2022 Earnings — Apple Hospitality REIT, Inc. Revenue & Financial Results | Market Cap Arena

APLEApple Hospitality REIT, Inc.

$3B

Q1 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$260M+64.1% YoY

Gross Profit

$88M33.7% margin

Operating Income

$33M12.6% margin

Net Income

$18M6.9% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$25M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$1.6B

Stockholders' Equity

$3.2B

Cash & Equivalents

$636,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$260M	$159M	+64.1%
Gross Profit	$88M	$35M	+148.8%
Operating Income	$33M	-$28M	+218.1%
Net Income	$18M	-$46M	+138.8%

Revenue Segments

Occupancy

$238M91%

Hotel Other

$14M5%

Food And Beverage

$8M3%