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Apple Hospitality APLE Real Estate Taxes And Insurance

Real Estate Taxes And Insurance at other companies

Summit Hotel Properties logo
Summit Hotel PropertiesINN
$13.57M-1.0%

Segments

By segment

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Reportable$21.8M-4.7%

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 real estate taxes and insurance?
Apple Hospitality (APLE) reported real estate taxes and insurance of $21.8M in Q2 2026.
How has Apple Hospitality's real estate taxes and insurance changed year-over-year?
Apple Hospitality's 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 real estate taxes and insurance?
Over 4 years (2021 to 2025), Apple Hospitality's real estate taxes and insurance has grown at a 5.7% compound annual growth rate (CAGR), from $71.98M to $89.73M.
What does real estate taxes and insurance mean?
This metric represents the recurring costs associated with property ownership, specifically property taxes and insurance premiums for the real estate portfolio. It serves as a key indicator of fixed operating overhead that must be managed to maintain property-level profitability. Monitoring this helps investors assess the impact of rising tax assessments and insurance market volatility on net operating income.

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