Apple Hospitality REIT
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Apple Hospitality REIT's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $1,343,800,000. The net income raised on $177,489,000 and profit margin reached 13%. Total operating expenses were $236,287,000.
Profit Margin
| 2014 | 803.89M | 6.83M | 0.85% |
|---|---|---|---|
| 2015 | 898.31M | 117.28M | 13.06% |
| 2016 | 1.04B | 144.65M | 13.9% |
| 2017 | 1.23B | 182.49M | 14.73% |
| 2018 | 1.27B | 206.08M | 16.22% |
| 2019 | 1.26B | 171.91M | 13.57% |
| 2020 | 601.87M | -173.20M | -28.78% |
| 2021 | 933.86M | 18.82M | 2.02% |
| 2022 | 1.23B | 144.80M | 11.69% |
| 2023 | 1.34B | 177.48M | 13.21% |
APLE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.34B | 1.23B | 933.86M | 601.87M | 1.26B | 1.27B | 1.23B | 1.04B | 898.31M | 803.89M |
Cost of revenue | 860.03M | 783.38M | 614.15M | 480.51M | 801.91M | 801.93M | 778.10M | 650.10M | 563.1M | 504.28M |
Gross profit | 483.76M | 455.02M | 319.71M | 121.36M | 464.68M | 468.61M | 460.51M | 390.91M | 335.21M | 299.61M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 117.53M | 104.75M | 79.83M | 61.00M | 116.08M | 105.83M | 100.87M | 82.66M | 71.00M | 64.55M |
Total operating expenses | 236.28M | 224.16M | 225.50M | 229.16M | 229.45M | 207.77M | 202.84M | 165.19M | 147.00M | 134.02M |
Operating income | 247.48M | 206.47M | 87.04M | -107.79M | 233.78M | 257.85M | 214.38M | 185.26M | 136.03M | 32.32M |
Other income (expenses), net | -68.85M | -59.73M | -67.74M | -70.83M | -61.19M | -2.98M | -47.34M | -40.61M | -17.84M | -23.52M |
Income before tax | 178.62M | 146.74M | 19.29M | -172.87M | 172.59M | 206.67M | 183.33M | 145.08M | 118.18M | 8.80M |
Income tax expense | 1.13M | 1.94M | 468K | 332K | 679K | 587K | 847K | 431K | 898K | 1.96M |
Net income | 177.48M | 144.80M | 18.82M | -173.20M | 171.91M | 206.08M | 182.49M | 144.65M | 117.28M | 6.83M |
Earnings per share | ||||||||||
Basic EPS | 0.77 | 0.63 | 0.08 | -0.77 | 0.77 | 0.9 | 0.82 | 0.76 | 0.65 | 0.03 |
Diluted EPS | 0.77 | 0.63 | 0.08 | -0.77 | 0.77 | 0.9 | 0.82 | 0.76 | 0.65 | 0.03 |
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