Apple Historical Income Statement

APLE Stock

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Historical analysis of Apple Hospitality income statement accounts such as Interest Expense of 97.3 M, Selling General Administrative of 49.8 M or Selling And Marketing Expenses of 70 M can show how well Apple Hospitality REIT performed in making a profits. Evaluating Apple Hospitality income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Apple Hospitality's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Apple Hospitality REIT latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Apple Hospitality REIT is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Apple Income Statement Analysis

Apple Hospitality REIT Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Apple Hospitality shareholders. The income statement also shows Apple investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Apple Hospitality Income Statement Chart

Apple Hospitality REIT Income Statement is one of the three primary financial statements used for reporting Apple's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Apple Hospitality REIT revenue and expense. Apple Hospitality Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, Apple Hospitality's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 265.8 M, whereas Selling And Marketing Expenses is forecasted to decline to about 70 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

Total revenue comprises all receipts Apple Hospitality REIT generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Apple Hospitality REIT minus its cost of goods sold. It is profit before Apple Hospitality operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Apple Hospitality's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Apple Hospitality REIT current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Hospitality REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

	2021	2022	2023	2024 (projected)
Interest Expense	67.7M	59.7M	92.7M	97.3M
Depreciation And Amortization	191.6M	206.1M	183.2M	132.7M

Interest Expense Depreciation And Amortization

Apple Hospitality income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Minority Interest	Tax Provision	Interest Income	Non Operating Income Net Other	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.81	0.8	0.91	0.88	0.76	0.95	0.42	0.44	0.76	0.89	0.8	0.23	-0.52	0.18	0.24	-0.67	0.17	0.36	-0.88	-0.04	0.83	0.08	-0.69	0.47
Interest Expense	0.81		0.95	0.74	0.69	0.49	0.77	0.49	0.32	0.59	0.76	0.34	0.27	-0.55	0.1	0.27	-0.45	0.12	0.31	-0.87	-0.01	0.87	0.07	-0.91	0.75
Selling General Administrative	0.8	0.95		0.76	0.72	0.55	0.77	0.53	0.36	0.61	0.77	0.36	0.31	-0.63	0.16	0.26	-0.44	0.18	0.37	-0.79	0.2	0.86	0.17	-0.89	0.66
Selling And Marketing Expenses	0.91	0.74	0.76		0.99	0.9	0.99	0.71	0.75	0.94	0.99	0.63	0.57	-0.45	0.54	0.25	-0.66	0.53	0.45	-0.83	0.11	0.74	0.06	-0.52	0.28
Total Revenue	0.88	0.69	0.72	0.99		0.93	0.98	0.75	0.8	0.96	0.98	0.61	0.62	-0.43	0.59	0.25	-0.66	0.58	0.5	-0.82	0.13	0.67	0.01	-0.44	0.2
Gross Profit	0.76	0.49	0.55	0.9	0.93		0.88	0.76	0.83	0.94	0.85	0.67	0.69	-0.32	0.67	0.19	-0.59	0.66	0.45	-0.68	0.14	0.44	-0.11	-0.22	0.07
Other Operating Expenses	0.95	0.77	0.77	0.99	0.98	0.88		0.64	0.68	0.91	0.98	0.68	0.48	-0.49	0.45	0.25	-0.69	0.44	0.46	-0.87	0.06	0.76	0.05	-0.56	0.31
Operating Income	0.42	0.49	0.53	0.71	0.75	0.76	0.64		0.93	0.86	0.7	0.1	0.97	-0.04	0.89	0.14	-0.31	0.9	0.38	-0.57	0.29	0.36	-0.12	-0.23	0.11
Ebit	0.44	0.32	0.36	0.75	0.8	0.83	0.68	0.93		0.92	0.74	0.23	0.93	0.02	0.95	0.13	-0.38	0.95	0.48	-0.55	0.26	0.28	-0.13	-0.02	-0.16
Ebitda	0.76	0.59	0.61	0.94	0.96	0.94	0.91	0.86	0.92		0.92	0.52	0.78	-0.21	0.77	0.19	-0.57	0.76	0.51	-0.78	0.17	0.57	-0.06	-0.32	0.09
Cost Of Revenue	0.89	0.76	0.77	0.99	0.98	0.85	0.98	0.7	0.74	0.92		0.54	0.55	-0.47	0.52	0.27	-0.67	0.51	0.5	-0.84	0.12	0.75	0.07	-0.54	0.25
Total Operating Expenses	0.8	0.34	0.36	0.63	0.61	0.67	0.68	0.1	0.23	0.52	0.54		-0.02	-0.29	0.02	0.07	-0.52	-0.01	0.16	-0.55	-0.19	0.48	0.02	-0.3	0.2
Income Before Tax	0.23	0.27	0.31	0.57	0.62	0.69	0.48	0.97	0.93	0.78	0.55	-0.02		0.12	0.96	0.1	-0.22	0.97	0.37	-0.39	0.33	0.14	-0.14	0.0	-0.09
Total Other Income Expense Net	-0.52	-0.55	-0.63	-0.45	-0.43	-0.32	-0.49	-0.04	0.02	-0.21	-0.47	-0.29	0.12		0.23	-0.27	0.39	0.22	-0.22	0.33	-0.06	-0.42	-0.03	0.47	-0.37
Net Income	0.18	0.1	0.16	0.54	0.59	0.67	0.45	0.89	0.95	0.77	0.52	0.02	0.96	0.23		0.04	-0.23	0.98	0.34	-0.29	0.34	0.08	-0.09	0.15	-0.29
Income Tax Expense	0.24	0.27	0.26	0.25	0.25	0.19	0.25	0.14	0.13	0.19	0.27	0.07	0.1	-0.27	0.04		-0.53	0.11	0.17	-0.26	0.1	0.21	0.0	-0.18	0.12
Discontinued Operations	-0.67	-0.45	-0.44	-0.66	-0.66	-0.59	-0.69	-0.31	-0.38	-0.57	-0.67	-0.52	-0.22	0.39	-0.23	-0.53		-0.17	-0.25	0.51	0.05	-0.41	0.01	0.28	-0.14
Net Income From Continuing Ops	0.17	0.12	0.18	0.53	0.58	0.66	0.44	0.9	0.95	0.76	0.51	-0.01	0.97	0.22	0.98	0.11	-0.17		0.36	-0.31	0.34	0.09	-0.1	0.13	-0.27
Non Recurring	0.36	0.31	0.37	0.45	0.5	0.45	0.46	0.38	0.48	0.51	0.5	0.16	0.37	-0.22	0.34	0.17	-0.25	0.36		-0.49	0.38	0.18	0.22	-0.09	-0.13
Minority Interest	-0.88	-0.87	-0.79	-0.83	-0.82	-0.68	-0.87	-0.57	-0.55	-0.78	-0.84	-0.55	-0.39	0.33	-0.29	-0.26	0.51	-0.31	-0.49		0.07	-0.77	0.08	0.69	-0.51
Tax Provision	-0.04	-0.01	0.2	0.11	0.13	0.14	0.06	0.29	0.26	0.17	0.12	-0.19	0.33	-0.06	0.34	0.1	0.05	0.34	0.38	0.07		0.07	0.31	0.02	-0.22
Interest Income	0.83	0.87	0.86	0.74	0.67	0.44	0.76	0.36	0.28	0.57	0.75	0.48	0.14	-0.42	0.08	0.21	-0.41	0.09	0.18	-0.77	0.07		0.28	-0.9	0.61
Non Operating Income Net Other	0.08	0.07	0.17	0.06	0.01	-0.11	0.05	-0.12	-0.13	-0.06	0.07	0.02	-0.14	-0.03	-0.09	0.0	0.01	-0.1	0.22	0.08	0.31	0.28		-0.26	0.07
Net Interest Income	-0.69	-0.91	-0.89	-0.52	-0.44	-0.22	-0.56	-0.23	-0.02	-0.32	-0.54	-0.3	0.0	0.47	0.15	-0.18	0.28	0.13	-0.09	0.69	0.02	-0.9	-0.26		-0.84
Reconciled Depreciation	0.47	0.75	0.66	0.28	0.2	0.07	0.31	0.11	-0.16	0.09	0.25	0.2	-0.09	-0.37	-0.29	0.12	-0.14	-0.27	-0.13	-0.51	-0.22	0.61	0.07	-0.84

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Apple Hospitality Account Relationship Matchups

Apple Hospitality income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	194.7M	199.8M	191.6M	206.1M	183.2M	132.7M
Interest Expense	61.2M	70.8M	67.7M	59.7M	92.7M	97.3M
Selling General Administrative	36.2M	29.4M	41.0M	42.5M	47.4M	49.8M
Selling And Marketing Expenses	116.1M	61.0M	79.8M	104.8M	117.5M	70.0M
Total Revenue	1.3B	601.9M	933.9M	1.2B	1.3B	822.8M
Gross Profit	464.7M	121.4M	319.7M	455.0M	300.5M	284.5M
Other Operating Expenses	1.0B	709.7M	839.7M	1.0B	1.1B	681.7M
Operating Income	233.8M	(107.8M)	87.0M	206.5M	253.1M	265.8M
Ebit	233.8M	(107.8M)	87.0M	206.5M	253.1M	132.6M
Ebitda	428.5M	92.0M	278.7M	412.6M	436.4M	265.3M
Cost Of Revenue	801.9M	480.5M	614.2M	783.4M	1.0B	538.3M
Total Operating Expenses	229.5M	229.2M	225.5M	224.2M	47.4M	45.0M
Income Before Tax	172.6M	(172.9M)	19.3M	146.7M	178.6M	187.6M
Total Other Income Expense Net	(61.2M)	(65.1M)	(67.7M)	(59.7M)	(74.5M)	(70.8M)
Net Income	171.9M	(173.2M)	18.8M	144.8M	177.5M	88.9M
Income Tax Expense	679K	332K	468K	1.9M	1.1M	1.2M
Net Income From Continuing Ops	171.9M	(173.2M)	18.8M	144.8M	177.5M	101.4M
Non Recurring	6.5M	5.1M	10.8M	26.2M	30.1M	15.1M
Net Income Applicable To Common Shares	171.9M	(173.2M)	18.8M	144.8M	130.3M	72.0M
Tax Provision	679K	332K	468K	1.9M	1.1M	894.3K
Net Interest Income	(61.2M)	(70.8M)	(67.7M)	(59.7M)	(68.9M)	(72.3M)
Reconciled Depreciation	193.2M	199.8M	184.5M	181.7M	183.2M	204.7M

Pair Trading with Apple Hospitality

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple Hospitality position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple Hospitality will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Apple Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple Hospitality when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple Hospitality - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Hospitality REIT to buy it.

The correlation of Apple Hospitality is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Hospitality REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Apple Hospitality can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Apple Hospitality REIT is a strong investment it is important to analyze Apple Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple Hospitality's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:

How To Invest In Apple

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Is Apple Stock a good investment?

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What is Apple Hospitality's Net Worth?

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Apple Stock analysis

When running Apple Hospitality's price analysis, check to measure Apple Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple Hospitality is operating at the current time. Most of Apple Hospitality's value examination focuses on studying past and present price action to predict the probability of Apple Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple Hospitality's price. Additionally, you may evaluate how the addition of Apple Hospitality to your portfolios can decrease your overall portfolio volatility.

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Is Apple Hospitality's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple Hospitality. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

7.935

Dividend Share

0.96

Earnings Share

0.77

Revenue Per Share

5.86

Quarterly Revenue Growth

0.045

The market value of Apple Hospitality REIT is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Apple Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple Hospitality's market value can be influenced by many factors that don't directly affect Apple Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Apple Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Apple Historical Income Statement

About Apple Income Statement Analysis

Apple Hospitality Income Statement Chart

Total Revenue

Gross Profit

Apple Hospitality income statement Correlations

Apple Hospitality Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Apple Hospitality income statement Accounts

Pair Trading with Apple Hospitality

Moving together with Apple Stock

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Revenue	+ 0.99	Selling And Marketing Expenses
Other Operating Expenses	+ 0.99	Selling And Marketing Expenses
Cost Of Revenue	+ 0.99	Selling And Marketing Expenses
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Other Operating Expenses

Net Interest Income	- 0.91	Interest Expense
Net Interest Income	- 0.9	Interest Income
Net Interest Income	- 0.89	Selling General Administrative
Minority Interest	- 0.88	Depreciation And Amortization
Minority Interest	- 0.87	Other Operating Expenses
Minority Interest	- 0.87	Interest Expense