APLE Q4 2023 Earnings — Apple Hospitality REIT, Inc. Revenue & Financial Results | Market Cap Arena

APLEApple Hospitality REIT, Inc.

$3B

Q4 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$312M+4.5% YoY

Gross Profit

$103M33.0% margin

Operating Income

$39M12.5% margin

Net Income

$21M6.6% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-12.8%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$74M

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	$312M	$299M	+4.5%
Gross Profit	$103M	$102M	+1.3%
Operating Income	$39M	$17M	+122.5%
Net Income	$21M	$2M	+798.1%

Revenue Segments

Occupancy

$282M83%

Hotel, Other

$28M8%

Food and Beverage

$28M8%