APPLE HOSPITALITY REIT, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.24B | $1.04B | $898.3M | $803.9M | $388.0M | $365.6M | $320.5M | $160.1M |
| Cost of Revenue | $697.4M | $582.8M | — | — | — | — | — | — |
| Gross Profit | $541.2M | $458.2M | — | — | — | — | — | — |
| Gross Margin | 43.7% | 44.0% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $26.3M | $17.0M | $19.6M | $20.9M | $6.2M | $8.6M | $8.2M | $6.5M |
| Operating Income | $230.7M | $185.1M | $136.0M | $32.3M | $82.7M | $76.6M | $55.6M | $-1.7M |
| Operating Margin | 18.6% | 17.8% | 15.1% | 4.0% | 21.3% | 21.0% | 17.3% | -1.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $183.3M | $145.1M | $118.2M | $8.8M | $83.3M | $69.9M | $51.2M | $-2.6M |
| Income Tax Expense | $847.0K | $431.0K | $898.0K | $2.0M | $1.4M | $1.2M | $1.1M | — |
| Net Income | $182.5M | $144.7M | $117.3M | $6.8M | $115.2M | $75.5M | $70.0M | $16.3M |
| Net Margin | 14.7% | 13.9% | 13.1% | 0.8% | 29.7% | 20.6% | 21.8% | 10.2% |
| EPS (Basic) | $0.82 | $0.76 | $0.65 | $0.04 | $1.26 | $0.41 | $0.38 | $0.12 |
| EPS (Diluted) | $0.82 | $0.76 | $0.65 | $0.04 | $1.26 | $0.41 | $0.38 | $0.12 |
| Shares Outstanding (Basic) | 230.0M | 222.9M | 174.4M | 186.9M | 182.8M | 182.6M | 182.9M | 181.3M |
| Shares Outstanding (Diluted) | 230.0M | 222.9M | 174.4M | 186.9M | 182.8M | 182.6M | 182.9M | 181.3M |
| Dividends Per Share | $1.20 | $1.20 | $1.27 | $1.39 | $1.66 | $0.85 | $0.88 | $0.88 |