Apple Hospitality REIT (APLE) vs Highwoods Properties (HIW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Apple Hospitality REIT (APLE) has outperformed Highwoods Properties (HIW) over the past year, gaining 37.7% versus a loss of 7.4%. Over five years, APLE leads with a -0.3% price change compared with -36.9% for HIW. Apple Hospitality REIT is the larger company by market cap ($3.82 billion vs $3.28 billion), about 1.2 times the size.
On valuation, Apple Hospitality REIT trades at a lower forward P/E (22.2x vs 41.7x for Highwoods Properties). Highwoods Properties offers the higher dividend yield (6.85% vs 5.94%). Highwoods Properties converts more of its revenue into profit, with a net margin of 20.2% versus 12.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APLE | HIW |
|---|---|---|
| Share price | $16.18 | $29.18 |
| Market cap | $3.82B | $3.28B |
| 1-day change | +0.84% | -0.68% |
| YTD return | +35.36% | +13.79% |
| 1-year return | +37.68% | -7.44% |
| 5-year return | -0.31% | -36.89% |
| P/E ratio (TTM) | 21.86 | 19.32 |
| Forward P/E | 22.25 | 41.69 |
| EPS (TTM) | $0.74 | $1.51 |
| Dividend yield | 5.94% | 6.85% |
| Annual dividend | $0.96 | $2.00 |
| Revenue (latest FY) | $1.41B | $806.11M |
| Revenue growth (YoY) | -1.33% | -2.39% |
| Net income (latest FY) | $175.36M | $162.65M |
| Gross margin | 40.01% | — |
| Operating margin | 18.25% | 67.58% |
| Net margin | 12.42% | 20.18% |
| 52-week high | $17.28 | $35.44 |
| 52-week low | $10.85 | $20.45 |
| Distance from 52-week high | -6.39% | -17.66% |
| Analyst consensus | buy | none |
| Avg. price target upside | +6.15% | +10.80% |
| Average volume | 2.71M | 1.23M |
| Shares outstanding | 236.08M | 110.31M |
| Employees | 64 | 315 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- APLE has outperformed HIW by 45.1 percentage points over the past year.
- Highwoods Properties is more profitable, keeping 20.2 cents of every revenue dollar as net income versus 12.4 cents for Apple Hospitality REIT.
About Apple Hospitality REIT
APLE stock →Apple Hospitality REIT, Inc. is a publicly traded real estate investment trust that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.
Real Estate · Real Estate Investment Trusts · 64 employees
About Highwoods Properties
HIW stock →Highwoods Properties, Inc. is a publicly traded fully integrated office real estate investment trust that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.
Real Estate · Real Estate Investment Trusts · 315 employees
APLE vs HIW FAQ
Which is bigger, Apple Hospitality REIT or Highwoods Properties?
Apple Hospitality REIT (APLE) is larger, with a market capitalization of $3.82B compared with $3.28B for Highwoods Properties (HIW).
Which stock has performed better over the past year, APLE or HIW?
APLE returned +37.68% over the past 12 months, compared with -7.44% for HIW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, APLE or HIW?
HIW has the lower trailing P/E at 19.3, versus 21.9 for APLE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Apple Hospitality REIT or Highwoods Properties?
Highwoods Properties has the higher yield at 6.85%, compared with 5.94% for Apple Hospitality REIT.
Are Apple Hospitality REIT and Highwoods Properties in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.