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Apple Hospitality APLE Business Segments — Real Estate Taxes And Insurance

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Other financials

Income statement

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Revenue$402.6M+4.7%
Gross profit$175.0M+6.8%
Operating income$88.2M+3.9%
Net income$67.1M+5.4%
EPS (diluted)$0.28+3.7%

Balance sheet

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Cash & equivalents$10.2M+28.6%
Total debt$1.6B-1.5%
Total equity$3.1B-1.8%
Total assets$4.9B-1.3%

Cash flow

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Operating cash flow$125.0M+14.9%
CapEx$14.2M-0.4%
Free cash flow$110.7M+17.2%

Valuation

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Market cap$3.77B+37.0%
Enterprise value$5.38B+22.7%
P/E21.5×+6.3×
P/S2.6×+0.7×

Profitability

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Gross margin40.2%-0.5pp
Operating margin17.9%-0.6pp
Net margin12.2%-0.5pp
FCF margin20.1%-1.2pp

Returns & leverage

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Return on equity5.5%0.0pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Apple Hospitality in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxesAndInsurance.

The source filing: Apple Hospitality’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335151
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Franchise fees19,18117,07535,22031,628
Management fees12,32612,95522,69424,182
Total hotel operating expense227,582220,564434,519420,434
Property taxes, insurance and other21,79922,86944,25746,230
General and administrative13,1598,06423,95517,292
Impairment of depreciable real estate2,319-2,319-
Depreciation and amortization49,65248,02299,18995,963
Total expense314,511299,519604,239579,919

Item 1. Financial Statements

FAQ

What is Apple Hospitality's business segments — real estate taxes and insurance?
Apple Hospitality (APLE) reported business segments — real estate taxes and insurance of $21.8M in Q2 2026.
How has Apple Hospitality's business segments — real estate taxes and insurance changed year-over-year?
Apple Hospitality's business segments — real estate taxes and insurance decreased by 4.7% year-over-year, from $22.87M to $21.8M.
What is the long-term trend for Apple Hospitality's business segments — real estate taxes and insurance?
Over 3 years (2022 to 2025), Apple Hospitality's business segments — real estate taxes and insurance has grown at a 7.2% compound annual growth rate (CAGR), from $72.91M to $89.73M.
What does business segments — real estate taxes and insurance mean?
This reflects the fixed costs associated with property ownership, specifically property-level taxes and insurance premiums required to protect the real estate assets. These are essential non-discretionary expenses that impact the net operating income of the hotel portfolio.

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