| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 57 | 21.0x | 17.8x | Around median | |
Growth | 20 | 1.2% | 7.1% | Bottom tier | |
Quality | 54 | 5.5% | 4.5% | Around median | |
Safety | 60 | 3.3x | 2.6x | Around median | |
Capital Return | 63 | 6.17% | 2.12% | Around median | |
Momentum | 88 | 22.5% | 2.9% | Top tier | |
Sentiment | 70 | 3 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Apple Hospitality REIT is a hotel real estate investment trust focused on select-service room hotels, targeting business and leisure travelers across diverse markets, industries, and demand sources. Its operating income depends on room occupancy and daily rates, with contributions from other revenue, which grew 8% in fiscal year 2026 Q2. During that quarter, Brand.com bookings represented approximately 40% of room nights, GDS approximately 18%, OTA approximately 13%, and direct property bookings approximately 25%.
In fiscal year 2026 Q2, the company reported revenue of $402.6 million, gross profit of $175.0 million, net income of $67.1 million, and earnings per share of $0.28. This equates to a gross profit margin of approximately 43.5% and a net income margin of approximately 16.7%, while comparable hotels' adjusted hotel EBITDA reached $153 million at a margin of 38.1%, up 120 basis points. NFFO was approximately $123 million, or $0.52 per share, growing 9% and 8.3%, respectively.
The occupancy mix in fiscal year 2026 Q2 was supported by the best available rate segment at 33%, groups at 18%, negotiated rates at 15%, government at approximately 5.5%, and discounts at 28%. Comparable hotels' RevPAR increased 5.3% to $136, with ADR growing 3.5% to $170 and occupancy rising 130 basis points to 80.1%. On a last-twelve-month basis for fiscal year 2026, revenue was $1.4 billion, net income was $171.8 million, and earnings per share were approximately $0.73.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $16.9, within a range of $16 to $18.5, and the average is only $0.38 below the top of the 52-week range of $17.28. The consensus remains Neutral, while the breadth of the 52-week range between $10.85 and $17.28 shows the valuation's sensitivity to changes in hotel demand and margin expectations. The increase in fiscal year 2026 guidance and the refinancing support the positive side of the valuation, but expected slower growth in the second half and higher capital expenditures limit the clarity of the rerating case.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Revenue was $402.6 million, net income was $67.1 million, and earnings per share were $0.28 in fiscal year 2026 Q2. Comparable hotels' RevPAR increased 5.3% to $136, supported by 3.5% ADR growth and an increase in occupancy to 80.1%. The adjusted hotel EBITDA margin also expanded 120 basis points to 38.1%, and NFFO was $0.52 per share.
FIFA World Cup 2026 markets added approximately 150 basis points to RevPAR growth in June 2026, but added only approximately 50 basis points to growth for the full quarter. RevPAR outside tournament markets grew approximately 5% during fiscal year 2026 Q2. In July 2026, preliminary growth exceeded 5.5% even though the contribution from tournament matches was limited and their impact ended in the middle of the month.
The company expects comparable hotels' RevPAR growth of between 2.25% and 4.25% in fiscal year 2026, with a midpoint of 3.25% after a 25-basis-point increase. Adjusted hotel EBITDA margin guidance ranges between 33.7% and 34.7%, while adjusted EBITDAre ranges between $453 million and $476 million. It also expects net income of between $152 million and $180 million, with hotel expense growth of approximately 4% at the midpoint of the range.
Total debt was approximately $1.5 billion as of June 30, 2026, equivalent to 3.2 times last-twelve-month EBITDA, with a weighted average interest rate of 4.8%. In July 2026, the company increased the capacity of its primary credit facility to approximately $1.3 billion and extended the average debt maturity to nearly five years. The $700 million revolving facility now matures in 2030, with two term loans of $275 million and $300 million maturing in 2031 and 2032, respectively, and there was no outstanding balance on the revolving facility.
The company expects capital expenditures of between $85 million and $95 million in fiscal year 2026, after spending $40 million during the six months ended June 30, 2026. The plan includes comprehensive renovations at 18 hotels, including the Embassy Suites in Anchorage and the rebranding of the Seattle Residence Inn. The company has two fixed-price forward contracts for an AC Hotel project in Anchorage expected to be delivered in late 2027 and a dual-branded AC and Residence Inn project in Las Vegas expected to be delivered in fiscal year 2028 Q2, with the cost payable upon completion of each project.
The analyst consensus on APLE is Neutral, with an average price target of $16.9. The target range extends from a low of $16 to a high of $18.5, compared with the top of the 52-week range of $17.28. This consensus reflects a balance between RevPAR growth and improving margins on one hand, and expected slower growth in the second half of fiscal year 2026 and higher capital expenditures on the other.
