Apple Hospitality REIT, Inc. (APLE) vs First Industrial Realty Trust, Inc. (FR)
A side-by-side comparison of Apple Hospitality REIT, Inc. and First Industrial Realty Trust, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.
APLE
Apple Hospitality REIT, Inc.
$16.18Real EstateAt close: Aug 7, 2026, 4:00 PM ET
FR
First Industrial Realty Trust, Inc.
$63.63Real EstateAt close: Aug 7, 2026, 4:00 PM ET
Total return — APLE vs FR
growth of $100 · dividends reinvested · last 11yAPLE +67.0%FR +329.8%FR compounded faster
APLE FR
APLE vs FR: by the numbers
- •FR is the larger company ($8.44B vs $3.82B market cap).
- •APLE trades at the lower trailing earnings multiple (21.86 vs 23.22 P/E), one valuation lens rather than an overall verdict.
- •FR converts more revenue to profit (47.96% vs 12.17% net margin).
- •APLE grew revenue faster over the past five years (15.90% vs 10.47% CAGR).
- •APLE pays the higher dividend yield (5.93% vs 2.97%).
Metrics side by side
Valuation
| Metric | APLE | FR |
|---|---|---|
| P/E ratio | 21.86 | 23.22 |
| Forward P/E | 23.31 | 25.36 |
| P/S ratio | 2.65 | 11.10 |
| P/B ratio | 1.22 | 3.04 |
| PEG ratio | N/A | 5.66 |
| EV / EBITDA | 8.74 | 21.49 |
| FCF yield | 10.10% | 4.86% |
Profitability
| Metric | APLE | FR |
|---|---|---|
| Gross margin | 6.38% | 22.60% |
| Operating margin | 17.57% | 41.59% |
| Net margin | 12.17% | 47.96% |
| ROE | 5.58% | 13.12% |
| ROIC | 7.79% | 5.77% |
Dividends
| Metric | APLE | FR |
|---|---|---|
| Dividend yield | 5.93% | 2.97% |
| Payout ratio | 129.73% | 101.07% |
Growth (annualized)
| Metric | APLE | FR |
|---|---|---|
| Revenue CAGR (5Y) | 15.90% | 10.47% |
| EPS CAGR (5Y) | N/A | 4.10% |
| FCF CAGR (5Y) | 51.26% | 7.52% |
| Total return CAGR (5Y) | 7.70% | 5.76% |
Frequently asked
- Which has the lower trailing P/E, APLE or FR?
- APLE has the lower trailing P/E: APLE trades at 21.86 and FR at 23.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APLE or FR?
- Over the past five years, APLE grew revenue faster — APLE at a 15.90% CAGR versus FR at 10.47%.
- Does APLE or FR pay a bigger dividend?
- APLE yields 5.93% and FR yields 2.97% based on trailing dividends and the latest price.
- Is APLE or FR more profitable?
- FR runs the higher net margin — APLE at 12.17% versus FR at 47.96%.
- How have APLE and FR total returns compared?
- Over the past 10 years, APLE delivered 3.29% and FR delivered 11.11% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Apple Hospitality REIT P/E ratioFirst Industrial Realty Trust P/E ratioApple Hospitality REIT dividend yieldFirst Industrial Realty Trust dividend yieldApple Hospitality REIT ROEFirst Industrial Realty Trust ROEApple Hospitality REIT operating marginFirst Industrial Realty Trust operating marginApple Hospitality REIT revenue growthFirst Industrial Realty Trust revenue growthApple Hospitality REIT free cash flowFirst Industrial Realty Trust free cash flow
Apple Hospitality REIT & First Industrial Realty Trust appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.