Apple Hospitality REIT annual gross margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Apple Hospitality REIT Gross Margin Growth & History (APLE)
Apple Hospitality REIT's gross margin was 40.01% for fiscal 2025.
View full Apple Hospitality REIT company overviewApple Hospitality REIT annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 40.01% | −1.46 pp |
| 2024 | 2024-12-31 | 41.47% | −0.43 pp |
| 2023 | 2023-12-31 | 41.90% | −0.73 pp |
| 2022 | 2022-12-31 | 42.63% | +0.69 pp |
| 2021 | 2021-12-31 | 41.94% | +8.78 pp |
| 2020 | 2020-12-31 | 33.16% | −9.64 pp |
| 2019 | 2019-12-31 | 42.81% | −0.85 pp |
| 2018 | 2018-12-31 | 43.65% | −0.04 pp |
| 2017 | 2017-12-31 | 43.70% | −0.32 pp |
| 2016 | 2016-12-31 | 44.01% | — |
Apple Hospitality REIT quarterly gross margin
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
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Q2.19
Q3.19
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Q1.20
Q2.20
Q3.20
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Q1.21
Q2.21
Q3.21
Q4.21
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Q4.24
Q1.25
Q2.25
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Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 43.47% | +0.85 pp |
| Q1 2026 | 2026-03-31 | 38.73% | −0.28 pp |
| Q4 2025 | 2025-12-31 | 37.22% | −1.41 pp |
| Q3 2025 | 2025-09-30 | 40.63% | −1.31 pp |
| Q2 2025 | 2025-06-30 | 42.62% | −1.93 pp |
| Q1 2025 | 2025-03-31 | 39.01% | −1.13 pp |
| Q4 2024 | 2024-12-31 | 38.63% | −0.13 pp |
| Q3 2024 | 2024-09-30 | 41.94% | −1.20 pp |
| Q2 2024 | 2024-06-30 | 44.55% | −0.00 pp |
| Q1 2024 | 2024-03-31 | 40.13% | −0.41 pp |
| Q4 2023 | 2023-12-31 | 38.76% | −0.76 pp |
| Q3 2023 | 2023-09-30 | 43.14% | −0.27 pp |
| Q2 2023 | 2023-06-30 | 44.55% | −1.40 pp |
| Q1 2023 | 2023-03-31 | 40.55% | −0.33 pp |
| Q4 2022 | 2022-12-31 | 39.52% | −0.99 pp |
| Q3 2022 | 2022-09-30 | 43.41% | −1.05 pp |
| Q2 2022 | 2022-06-30 | 45.95% | +0.68 pp |
| Q1 2022 | 2022-03-31 | 40.88% | +6.24 pp |
| Q4 2021 | 2021-12-31 | 40.51% | +8.76 pp |
| Q3 2021 | 2021-09-30 | 44.45% | +7.46 pp |
| Q2 2021 | 2021-06-30 | 45.27% | +21.51 pp |
| Q1 2021 | 2021-03-31 | 34.64% | −0.13 pp |
| Q4 2020 | 2020-12-31 | 31.75% | −8.18 pp |
| Q3 2020 | 2020-09-30 | 37.00% | −6.45 pp |
| Q2 2020 | 2020-06-30 | 23.76% | −21.37 pp |
| Q1 2020 | 2020-03-31 | 34.76% | −7.48 pp |
| Q4 2019 | 2019-12-31 | 39.93% | −1.87 pp |
| Q3 2019 | 2019-09-30 | 43.45% | −0.79 pp |
| Q2 2019 | 2019-06-30 | 45.12% | −0.76 pp |
| Q1 2019 | 2019-03-31 | 42.25% | −0.00 pp |
| Q4 2018 | 2018-12-31 | 41.80% | — |
| Q3 2018 | 2018-09-30 | 44.24% | −0.42 pp |
| Q2 2018 | 2018-06-30 | 45.89% | — |
| Q1 2018 | 2018-03-31 | 42.25% | — |
| Q3 2017 | 2017-09-30 | 44.66% | — |
Apple Hospitality REIT gross margin trends
Over the last five fiscal years, Apple Hospitality REIT's gross margin increased from 33.16% to 40.01%, a change of +6.84 percentage points. The latest reported quarter, Q2 2026, shows 43.47%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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