Apple Hospitality REIT (FRA:48T) Tax Rate % : 0.47% (As of Mar. 2024)

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What is Apple Hospitality REIT Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Apple Hospitality REIT's Tax Expense for the three months ended in Mar. 2024 was €0 Mil. Apple Hospitality REIT's Pre-Tax Income for the three months ended in Mar. 2024 was €50 Mil. Therefore, Apple Hospitality REIT's Tax Rate % for the quarter that ended in Mar. 2024 was 0.47%.

Apple Hospitality REIT Tax Rate % Historical Data

The historical data trend for Apple Hospitality REIT's Tax Rate % 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.

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Apple Hospitality REIT Tax Rate % Chart

Apple Hospitality REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.39

-0.19

2.42

1.32

0.64

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
Tax Rate %	Get a 7-Day Free Trial															0.96	0.37	0.53	1.24	0.47

Apple Hospitality REIT Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Apple Hospitality REIT's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	1.041	/	163.798
	=	0.64 %

Apple Hospitality REIT's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.236	/	49.962
	=	0.47 %

Apple Hospitality REIT Tax Rate % Related Terms

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Apple Hospitality REIT (FRA:48T) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (FRA:48T) » Definitions » Tax Rate %

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APLE:USA 48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

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.

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