Apple Hospitality REIT annual operating margin
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Apple Hospitality REIT Operating Margin Growth & History (APLE)
Apple Hospitality REIT's operating margin was 18.25% for fiscal 2025.
View full Apple Hospitality REIT company overviewApple Hospitality REIT annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.25% | −2.20 pp |
| 2024 | 2024-12-31 | 20.45% | +2.04 pp |
| 2023 | 2023-12-31 | 18.42% | +1.74 pp |
| 2022 | 2022-12-31 | 16.67% | +7.35 pp |
| 2021 | 2021-12-31 | 9.32% | +26.27 pp |
| 2020 | 2020-12-31 | −16.95% | −35.41 pp |
| 2019 | 2019-12-31 | 18.46% | −1.84 pp |
| 2018 | 2018-12-31 | 20.29% | +1.67 pp |
| 2017 | 2017-12-31 | 18.62% | +0.84 pp |
| 2016 | 2016-12-31 | 17.78% | +2.64 pp |
| 2015 | 2015-12-31 | 15.14% | +11.12 pp |
| 2014 | 2014-12-31 | 4.02% | −17.31 pp |
| 2013 | 2013-12-31 | 21.33% | +0.37 pp |
| 2012 | 2012-12-31 | 20.95% | +3.61 pp |
| 2011 | 2011-12-31 | 17.35% | +18.39 pp |
| 2010 | 2010-12-31 | −1.04% | −5.54 pp |
| 2009 | 2009-12-31 | 4.50% | — |
Apple Hospitality REIT quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 21.90% | −0.18 pp |
| Q1 2026 | 2026-03-31 | 14.22% | −1.30 pp |
| Q4 2025 | 2025-12-31 | 15.19% | +0.21 pp |
| Q3 2025 | 2025-09-30 | 19.39% | −1.13 pp |
| Q2 2025 | 2025-06-30 | 22.08% | −1.90 pp |
| Q1 2025 | 2025-03-31 | 15.52% | −6.21 pp |
| Q4 2024 | 2024-12-31 | 14.98% | +2.53 pp |
| Q3 2024 | 2024-09-30 | 20.52% | −0.78 pp |
| Q2 2024 | 2024-06-30 | 23.97% | +1.01 pp |
| Q1 2024 | 2024-03-31 | 21.73% | +5.92 pp |
| Q4 2023 | 2023-12-31 | 12.45% | +6.61 pp |
| Q3 2023 | 2023-09-30 | 21.30% | −0.81 pp |
| Q2 2023 | 2023-06-30 | 22.96% | −0.95 pp |
| Q1 2023 | 2023-03-31 | 15.81% | +3.21 pp |
| Q4 2022 | 2022-12-31 | 5.85% | −5.34 pp |
| Q3 2022 | 2022-09-30 | 22.10% | +4.84 pp |
| Q2 2022 | 2022-06-30 | 23.91% | +8.15 pp |
| Q1 2022 | 2022-03-31 | 12.61% | +30.13 pp |
| Q4 2021 | 2021-12-31 | 11.18% | +35.69 pp |
| Q3 2021 | 2021-09-30 | 17.26% | +32.29 pp |
| Q2 2021 | 2021-06-30 | 15.76% | +89.51 pp |
| Q1 2021 | 2021-03-31 | −17.52% | −22.96 pp |
| Q4 2020 | 2020-12-31 | −24.50% | −38.54 pp |
| Q3 2020 | 2020-09-30 | −15.02% | −33.45 pp |
| Q2 2020 | 2020-06-30 | −73.75% | −96.65 pp |
| Q1 2020 | 2020-03-31 | 5.44% | −12.29 pp |
| Q4 2019 | 2019-12-31 | 14.04% | −1.96 pp |
| Q3 2019 | 2019-09-30 | 18.43% | −4.26 pp |
| Q2 2019 | 2019-06-30 | 22.90% | −0.60 pp |
| Q1 2019 | 2019-03-31 | 17.73% | −0.46 pp |
| Q4 2018 | 2018-12-31 | 16.00% | +7.10 pp |
| Q3 2018 | 2018-09-30 | 22.69% | −0.41 pp |
| Q2 2018 | 2018-06-30 | 23.50% | −1.70 pp |
| Q1 2018 | 2018-03-31 | 18.19% | +2.37 pp |
| Q4 2017 | 2017-12-31 | 8.90% | −9.82 pp |
| Q3 2017 | 2017-09-30 | 23.10% | +14.47 pp |
| Q2 2017 | 2017-06-30 | 25.20% | +0.11 pp |
| Q1 2017 | 2017-03-31 | 15.82% | −3.67 pp |
| Q4 2016 | 2016-12-31 | 18.72% | +22.87 pp |
| Q3 2016 | 2016-09-30 | 8.62% | −14.83 pp |
| Q2 2016 | 2016-06-30 | 25.09% | +2.83 pp |
| Q1 2016 | 2016-03-31 | 19.49% | +2.24 pp |
| Q4 2015 | 2015-12-31 | −4.14% | −18.54 pp |
| Q3 2015 | 2015-09-30 | 23.45% | +5.31 pp |
| Q2 2015 | 2015-06-30 | 22.26% | +0.03 pp |
| Q1 2015 | 2015-03-31 | 17.25% | +83.28 pp |
| Q4 2014 | 2014-12-31 | 14.40% | −3.59 pp |
| Q3 2014 | 2014-09-30 | 18.14% | −2.63 pp |
| Q2 2014 | 2014-06-30 | 22.22% | −2.75 pp |
| Q1 2014 | 2014-03-31 | −66.03% | −87.12 pp |
| Q4 2013 | 2013-12-31 | 17.99% | +0.12 pp |
| Q3 2013 | 2013-09-30 | 20.77% | −0.52 pp |
| Q2 2013 | 2013-06-30 | 24.97% | +1.28 pp |
| Q1 2013 | 2013-03-31 | 21.09% | +0.47 pp |
| Q4 2012 | 2012-12-31 | 17.86% | +3.83 pp |
| Q3 2012 | 2012-09-30 | 21.28% | +1.50 pp |
| Q2 2012 | 2012-06-30 | 23.69% | +3.69 pp |
| Q1 2012 | 2012-03-31 | 20.62% | +5.67 pp |
| Q4 2011 | 2011-12-31 | 14.03% | +9.22 pp |
| Q3 2011 | 2011-09-30 | 19.78% | +6.26 pp |
| Q2 2011 | 2011-06-30 | 20.00% | — |
| Q1 2011 | 2011-03-31 | 14.95% | — |
| Q3 2010 | 2010-09-30 | 4.81% | — |
| Q2 2010 | 2010-06-30 | 13.52% | — |
Apple Hospitality REIT operating margin trends
Over the last five reported fiscal years, Apple Hospitality REIT's operating margin increased from −16.95% to 18.25%, a change of +35.21 percentage points. The latest reported quarter, Q2 2026, shows 21.90%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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.
Review Apple Hospitality REIT filings at SEC.gov ↗