Apple Hospitality REIT, Inc.

APLENYSEReal Estate● Active

$15.59

$-0.05(-0.32%)

Market Cap$3.7B

P/E Ratio—

52W High$15.81

52W Low$10.85

Avg Volume3.4M

Open$15.70

Beta0.90

Free Cash Flow Financials Revenue

Apple Hospitality REIT, Inc. (APLE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

APLE · free cash flow · updated Jun 9, 2026

Core FCF metrics

APLE · FCF · TTM · margin & CAGR

Free cash flow was $282.8M for FY2025 (fiscal year ending 2025-12-31), down 13.0% year-over-year The FCF margin was 20.0%.

FY2025 Free Cash Flow$282.8M▼ -13.0% YoY

Trailing 12M (TTM)$319.9Mtrailing 4 quarters sum

FCF Margin20.0%$282.8M ÷ revenue

3-Year CAGR-2.9%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

APLE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$370.2M(87M)$282.8M▼ 13.0%20.0%

FY2024$405.4M(80M)$325.0M▼ 0.6%22.7%

FY2023$399.0M(72M)$327.0M▲ +5.8%24.3%

FY2022$368.4M(59M)$309.1M▲ +55.1%25.0%

FY2021$217.6M(18M)$199.3M▲ +1012.7%21.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

APLE · P/FCF · FCF yield · FCF per share

Apple Hospitality REIT, Inc. (APLE) trades at a FCF yield of 8.69% and a price-to-free-cash-flow ratio of 11.5x. FCF per share stands at $1.35, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

8.69%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.35

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x16.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

APLE · cash flow statement · operating / investing / financing

For FY2025, Apple Hospitality REIT, Inc. generated $370.2M in operating cash flow and spent 87M in capital expenditures, yielding $282.8M in free cash flow.

Operating Activities

+$370.2M

Cash from core business operations

2025-12-31

Investing Activities

−$135.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$239.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($370.2M) − |CapEx| (87M) = FCF ($282.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

APLE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Apple Hospitality REIT, Inc.YOU

APLE

$282.8M-13.0%20.0%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Apple Hospitality REIT, Inc. (APLE) reported free cash flow of $282.8M for FY2025 (fiscal year ending 2025-12-31), down 13.0% year-over-year. The FCF margin was 20.0%.

Based on available data, Apple Hospitality REIT, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $330.5M in FY2018.

Apple Hospitality REIT, Inc.'s FCF yield is 8.69% and price-to-FCF ratio is 11.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

APLE free cash flow · 8 questions

Apple Hospitality REIT, Inc. free cash flow was $282.8M for FY2025, down 13.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $319.9M.

APLE free cash flowAPLE FCFAPLE FCF 2025APLE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Apple Hospitality REIT, Inc. · Apple Hospitality REIT, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026