Apple Hospitality REIT (APLE) FY2021 results: revenue $934 million, up 55.2% on the year
Apple Hospitality REIT, Inc. (APLE) reported revenue of $934 million for fiscal 2021, the year ended 31 December 2021, up 55.2% on the year before. Net income was $19 million, and diluted earnings per share $0.08. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$934 million
+55.2% on the year
FY2014FY2021
Operating margin
9.3%
-17.0% a year earlier
FY2014FY2021
Net income
$19 million
FY2014FY2021
Diluted EPS
$0.08
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
218
26.7
382
+714.0%
Capital expenditure
18.3
48.6
74.9
-62.3%
Free cash flow
199
-21.8
307
Free cash flow margin
21.3%
-3.6%
24.2%
Cash from investing
-151
-82.3
-14.3
Cash from financing
-61.3
55.2
-366
Depreciation and amortisation
184
200
193
-7.7%
Buybacks
n/a
14.3
4.3
Dividends paid
6.8
67.4
269
-89.9%
Dividend per share
$0.03
$0.30
$1.20
-90.0%
Diluted shares, weighted
226m
224m
n/a
+1.3%
Shares outstanding at period end
228m
223m
224m
+2.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,147
3,029
3,291
+3.9%
Debt
1,439
1,483
1,320
-3.0%
Other liabilities
204
318
331
-35.7%
Total liabilities and equity
4,791
4,830
4,942
-0.8%
Cash and equivalents
3.3
5.6
0.0
-40.9%
Other assets
4,787
4,824
4,942
-0.8%
Total assets
4,791
4,830
4,942
-0.8%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.