Apple Hospitality REIT (APLE)
Market Price (12/4/2025): $11.81 | Market Cap: $2.8 BilSector: Real Estate | Industry: Hotel & Resort REITs
Apple Hospitality REIT (APLE)
Market Price (12/4/2025): $11.81Market Cap: $2.8 BilSector: Real EstateIndustry: Hotel & Resort REITs
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, Dividend Yield is 8.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 10%, FCF Yield is 11% | Weak multi-year price returns2Y Excs Rtn is -68%, 3Y Excs Rtn is -84% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 55% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.3% | |
| Low stock price volatilityVol 12M is 29% | ||
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include Hospitality & Hotel Investment, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, Dividend Yield is 8.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 10%, FCF Yield is 11% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21% |
| Low stock price volatilityVol 12M is 29% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include Hospitality & Hotel Investment, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -68%, 3Y Excs Rtn is -84% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 55% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.3% |
Valuation, Metrics & Events
APLE Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
The stock of Apple Hospitality REIT (APLE) experienced a year-to-date share price return of negative 22.19 percent as of early December 2025, with recent trading being choppy.
1. Decline in Key Operating Metrics: Apple Hospitality REIT reported a decrease in key operating metrics during Q2 2025, including a 1.7% decline in Revenue Per Available Room (RevPAR) to $128.68 compared to Q2 2024, and a 1.6% drop in occupancy to 78.6% year-over-year.
2. Impact of High Interest Rates and Refinancing Risks: High interest rates have led to prohibitive debt costs, negatively impacting property valuations for lodging REITs like Apple Hospitality REIT. While the company has been managing its debt profile, with approximately $1.5 billion in outstanding debt as of June 30, 2025, carrying a weighted-average interest rate of about 5.0%, near-term refinancing risk exists as weighted-average debt maturities are only about two years out. An increase in interest rates could raise the cost of capital.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| APLE Return | -19% | 25% | 2% | 12% | -1% | -18% | -5% |
| Peers Return | -2% | 11% | -11% | 9% | 8% | -15% | -4% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| APLE Win Rate | 42% | 50% | 42% | 58% | 50% | 40% | |
| Peers Win Rate | 50% | 48% | 43% | 47% | 57% | 44% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| APLE Max Drawdown | -70% | -4% | -12% | -11% | -14% | -29% | |
| Peers Max Drawdown | -57% | -8% | -23% | -19% | -16% | -30% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HST, SHO, INN, IHT, VICI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | APLE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -25.2% | -25.4% |
| % Gain to Breakeven | 33.6% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -70.2% | -33.9% |
| % Gain to Breakeven | 235.7% | 51.3% |
| Time to Breakeven | 440 days | 148 days |
| 2018 Correction | ||
| % Loss | -31.2% | -19.8% |
| % Gain to Breakeven | 45.3% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to HST, SHO, INN, IHT, VICI
In The Past
Apple Hospitality REIT's stock fell -25.2% during the 2022 Inflation Shock from a high on 4/28/2022. A -25.2% loss requires a 33.6% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to APLE. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 8.5% | 8.5% | -5.8% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 8.5% | 8.5% | -5.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Apple Hospitality REIT
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 10.50 |
| Mkt Cap | 2.3 |
| Rev LTM | 1,178 |
| Op Inc LTM | 161 |
| FCF LTM | 238 |
| FCF 3Y Avg | 254 |
| CFO LTM | 278 |
| CFO 3Y Avg | 293 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.8% |
| Rev Chg 3Y Avg | 6.3% |
| Rev Chg Q | 0.5% |
| QoQ Delta Rev Chg LTM | 0.1% |
| Op Mgn LTM | 11.3% |
| Op Mgn 3Y Avg | 12.1% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 21.4% |
| CFO/Rev 3Y Avg | 23.6% |
| FCF/Rev LTM | 19.9% |
| FCF/Rev 3Y Avg | 20.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.3 |
| P/S | 2.0 |
| P/EBIT | 10.2 |
| P/E | 16.0 |
| P/CFO | 8.3 |
| Total Yield | 9.3% |
| Dividend Yield | 5.3% |
| FCF Yield 3Y Avg | 8.3% |
| D/E | 0.5 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.6% |
| 3M Rtn | -4.7% |
| 6M Rtn | 7.2% |
| 12M Rtn | -20.1% |
| 3Y Rtn | -10.3% |
| 1M Excs Rtn | 1.6% |
| 3M Excs Rtn | -12.4% |
| 6M Excs Rtn | -7.6% |
| 12M Excs Rtn | -27.1% |
| 3Y Excs Rtn | -80.7% |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11032025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5012025 | 10-Q 3/31/2025 |
| 12312024 | 2242025 | 10-K 12/31/2024 |
| 9302024 | 11042024 | 10-Q 9/30/2024 |
| 6302024 | 8052024 | 10-Q 6/30/2024 |
| 3312024 | 5062024 | 10-Q 3/31/2024 |
| 12312023 | 2222024 | 10-K 12/31/2023 |
| 9302023 | 11072023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5022023 | 10-Q 3/31/2023 |
| 12312022 | 2212023 | 10-K 12/31/2022 |
| 9302022 | 11072022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 2222022 | 10-K 12/31/2021 |
External Quote Links
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