GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (NYSE:APLE) » Definitions » Retained Earnings

Apple Hospitality REIT (Apple Hospitality REIT) Retained Earnings : $-1,495 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Apple Hospitality REIT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Apple Hospitality REIT's retained earnings for the quarter that ended in Mar. 2024 was $-1,495 Mil.

Apple Hospitality REIT's quarterly retained earnings declined from Sep. 2023 ($-1,444 Mil) to Dec. 2023 ($-1,491 Mil) and declined from Dec. 2023 ($-1,491 Mil) to Mar. 2024 ($-1,495 Mil).

Apple Hospitality REIT's annual retained earnings declined from Dec. 2021 ($-1,407 Mil) to Dec. 2022 ($-1,436 Mil) and declined from Dec. 2022 ($-1,436 Mil) to Dec. 2023 ($-1,491 Mil).


Apple Hospitality REIT Retained Earnings Historical Data

The historical data trend for Apple Hospitality REIT's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Hospitality REIT Retained Earnings Chart

Apple Hospitality REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,198.05 -1,416.27 -1,406.52 -1,435.51 -1,491.23

Apple Hospitality REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,457.75 -1,447.35 -1,443.69 -1,491.23 -1,495.31

Apple Hospitality REIT Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Apple Hospitality REIT  (NYSE:APLE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Apple Hospitality REIT (Apple Hospitality REIT) Business Description

Traded in Other Exchanges
Address
814 East Main Street, Richmond, VA, USA, 23219
Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.
Executives
Elizabeth Perkins officer: SVP & Chief Financial Officer C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Justin G Knight director, officer: CEO 10 S THIRD ST, RICHMOND VA 23219
Nelson Knight officer: President Real Estate & Invest 814 E MAIN STREET, RICHMOND VA 23219
Redd Hugh director C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Howard E. Woolley director C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Carolyn B Handlon director 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Jon A Fosheim director DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Blythe J Mcgarvie director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Bunting Glenn W Jr director 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Kristian M Gathright director 10 S THIRD ST, RICHMOND VA 23219
Glade M Knight director, officer: Executive Chairman 306 E MAINS T, RICHMOND VA 23219
Matthew Rash officer: SVP & Chief Legal Officer C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Rachel Labrecque officer: SVP & Chief Accounting Officer C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Jeanette Clarke officer: SVP Chief Cap. Invest. Officer C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Karen Catherine Gallagher officer: SVP & Chief Operating Officer C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219