Apple Hospitality REIT, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2009 | — | 4.5% | 19.8% |
| FY2010 | — | -1.0% | 10.2% |
| FY2011 | — | 17.3% | 21.8% |
| FY2012 | — | 21.0% | 20.6% |
| FY2013 | — | 21.3% | 29.7% |
| FY2014 | — | 4.0% | 0.8% |
| FY2015 | — | 15.1% | 13.1% |
| FY2016 | 44.0% | 17.8% | 13.9% |
| FY2017 | 43.7% | 18.6% | 14.7% |
| FY2018 | 43.7% | 20.3% | 16.2% |
| FY2019 | 42.8% | 18.5% | 13.6% |
| FY2020 | 33.2% | -17.0% | -28.8% |
| FY2021 | 41.9% | 9.3% | 2.0% |
| FY2022 | 42.6% | 16.7% | 11.7% |
| FY2023 | 41.9% | 18.4% | 13.2% |
| FY2024 | 41.5% | 20.5% | 15.0% |
| FY2025 | 40.0% | 18.3% | 12.4% |