AHT · Ashford Hospitality Trust Inc
$3.21
+0.09 (+2.88%)
At close · Aug 14
Going-concern doubt
— flagged Aug 12, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Based on these factors, the Company has determined that there is substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued.”View the 10-Q filed Aug 12, 2026
Market Cap
$20.57M
Shares
6.47M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$1.1B
-5.8%
FY2025
Net Income
-$179.84M
-198.2%
FY2025
Gross Margin
36.61%
-0.4pp
FY2019
Operating Margin
10.54%
-11.6pp
FY2025
Diluted EPS
-$35.99
-105.2%
FY2025
Operating Cash Flow
-$15.67M
+33.6%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.07B | $1.1B | $1.17B | $1.37B | $1.24B | $805.41M | $508.24M | $1.5B | $1.43B | $1.44B | $1.49B | $1.34B | $794.85M | $939.53M | $919.66M | $859.98M | $808.93M | $837.68M | |
| — | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | $80K | $80K | $81K | $82K | $82K | — | — | — | $0 | $0 | $5.34M | $5.44M | $5.65M | |
| $585M | — | — | — | — | — | — | $952.67M | $900.58M | $907.3M | $938.4M | — | — | — | — | — | — | — | |
| $187.64M | — | — | — | — | — | — | $550.09M | $530.21M | $531.97M | $553.64M | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | 36.61% | 37.06% | 36.96% | 37.11% | — | — | — | — | — | — | — | |
| $13.89M | $20.78M | $24.66M | $16.18M | $9.88M | $16.15M | $28.05M | $11.11M | $10.93M | $13.29M | $8.37M | $14.31M | $57.24M | $52.82M | $44.05M | $44.52M | $30.62M | $29.95M | |
| — | — | — | — | — | — | — | — | — | — | — | -$167K | $0 | $0 | $89K | $89K | $89K | — | |
| $129.31M | $141.3M | $152.78M | $187.81M | $201.8M | $218.85M | $252.77M | $269M | $258.46M | $246.73M | $243.86M | $210.41M | $110.93M | $127.99M | $136.53M | $134.27M | $145.33M | $157.11M | |
| — | — | — | $0 | $0 | $0 | $91.7M | $33.6M | $23.4M | $10.2M | $1.8M | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| $1.18B | $1.11B | $1.17B | $1.25B | $1.16B | $932.03M | $936.93M | $1.41B | $1.34B | $1.3B | $1.34B | $1.2B | $718.16M | $822.63M | $805.54M | $766.11M | $747.16M | $919.5M | |
| $215.16M | $116.42M | $259.21M | $130.44M | $76.26M | -$125.17M | -$465.37M | $114.73M | $90.41M | $149.04M | $187.3M | $137.92M | $76.69M | $116.9M | $114.12M | $93.86M | $61.77M | -$81.82M | |
| — | 10.54% | 22.11% | 9.54% | 6.15% | -15.54% | -91.56% | 7.63% | 6.32% | 10.35% | 12.55% | 10.32% | 9.65% | 12.44% | 12.41% | 10.91% | 7.64% | -9.77% | |
| $344.48M | $257.71M | $411.98M | $318.25M | $278.05M | $93.68M | -$212.6M | $383.73M | $348.87M | $395.77M | $431.17M | $348.33M | $187.62M | $244.89M | $250.64M | $228.14M | $207.1M | $75.29M | |
| $145.04M | — | — | — | — | — | — | — | — | — | — | — | — | — | $144.8M | $137.21M | $139.29M | $133M | |
| $4.24M | $4.74M | $6.94M | $8.98M | $4.78M | $207K | $672K | $3.07M | $3.95M | $2.2M | $331K | $90K | $62K | $71K | $125K | $85K | $283K | $297K | |
| $3.22M | $0 | $108K | $310K | $415K | $760K | -$17M | $10.49M | $64K | -$3.42M | -$4.52M | -$864K | $6.57M | $5.65M | — | — | — | — | |
| — | $79.8M | $94.41M | $11.49M | $300K | $1.45M | -$36.68M | $26.13M | $475K | $14.03M | $31.6M | $380.75M | $3.73M | $193K | — | — | — | — | |
| -$93K | -$325K | -$2.37M | -$1.13M | -$804K | -$558K | -$448K | -$2.31M | $867K | -$5.87M | -$6.11M | -$6.83M | $2.5M | -$23.4M | -$20.83M | $14.53M | -$20.27M | $2.49M | |
| -$66.87M | -$188.3M | -$64.01M | -$179.83M | -$134.72M | -$265.1M | -$634.56M | -$141.46M | -$153.53M | -$90.98M | -$57.25M | $310.52M | -$40.47M | -$46.95M | -$56.39M | $9.38M | -$26.28M | -$186.89M | |
| $2.73M | -$143K | $997K | $900K | $6.34M | $5.95M | -$1.34M | $1.22M | $2.78M | -$2.22M | $1.53M | $4.71M | $1.27M | $1.51M | $2.38M | $1.62M | -$155K | $1.51M | |
| -$65.25M | -$179.84M | -$60.3M | -$178.49M | -$139.83M | -$267.01M | -$543.88M | -$113.64M | -$126.97M | -$67.01M | -$46.29M | $270.94M | -$31.4M | -$41.28M | -$53.78M | $2.11M | -$51.74M | -$250.24M | |
| — | -16.28% | -5.14% | -13.05% | -11.27% | -33.15% | -107.01% | -7.56% | -8.87% | -4.66% | -3.1% | 20.27% | -3.95% | -4.39% | -5.85% | 0.25% | -6.4% | -29.87% | |
| — | — | -$4.03M | -$6000 | $0 | -$73K | -$338K | -$112K | -$30K | -$110K | -$14K | -$30K | -$406K | $908K | $868K | — | — | — | |
| -$97.71M | -$215M | -$82.52M | -$193.69M | -$153.2M | -$267.86M | -$520.52M | -$156.21M | -$169.54M | -$122.57M | -$88.68M | $236.98M | -$65.36M | -$75.25M | -$87.58M | -$44.77M | -$72.93M | -$269.56M | |
| -$65.25M | -$179.84M | -$60.3M | -$178.49M | -$139.83M | -$267.01M | -$543.88M | -$113.64M | -$126.97M | -$67.01M | -$46.29M | $270.94M | -$31.2M | -$41.2M | -$53.88M | $2.48M | -$51.39M | -$250.28M | |
| USD/shares | — | -$35.99 | -$17.54 | -$56.11 | -$44.61 | -$123.70 | -$3,299.70 | -$1,577.40 | -$1,752.00 | -$1,300.00 | -$950.00 | $2,430.00 | -$750.00 | -$1,000.00 | — | — | — | — |
| USD/shares | — | -$35.99 | -$17.54 | -$56.11 | -$44.61 | -$124.30 | -$3,299.70 | -$1,577.40 | -$1,752.00 | -$1,300.00 | -$950.00 | $2,350.00 | — | — | — | — | — | — |
| shares | — | 5.97M | 4.71M | 3.45M | 3.43M | 2.16M | 157.6K | 99.8K | 97.28K | 95.21K | 94.43K | 96.29K | 87.62K | 75.16K | 67.53K | 61.95K | 51.16K | — |
| shares | — | 5.97M | 4.71M | 3.45M | 3.43M | 2.18M | 157.6K | 99.8K | 97.28K | 95.21K | 94.43K | 114.88K | 87.62K | 75.16K | 67.53K | 61.95K | 51.16K | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $59.22M in buybacks, $876.02M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
1.74×
Peer median 2.74×
EV/EBIT
8.62×
Peer median 30.00×
P/E (TTM)
—
Peer medians compare against the 9 similar-size REIT - Hotel & Motel companies (of 15 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Direct Hotel Investments | $2,207,242,000 | $2,342,593,000 | $2,732,265,000 | $2,478,834,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Other Areas | $279,135,000 | $284,727,000 | $288,574,000 | $279,704,000 | $249,444,000 | $154,192,000 | $379,096,000 | $369,505,000 |
| Washington DC MD VA Area | $161,694,000 | $169,805,000 | $162,814,000 | $136,954,000 | $62,587,000 | $39,425,000 | $158,620,000 | $144,270,000 |
| Los Angeles, CA Metro Area | $95,183,000 | $94,132,000 | $92,799,000 | $82,235,000 | $66,920,000 | $41,364,000 | $100,043,000 | $98,323,000 |
| Nashville, TN Area | $94,922,000 | $89,575,000 | $88,824,000 | $81,394,000 | $48,416,000 | $19,935,000 | $76,340,000 | $65,018,000 |
| Dallas-Ft. Worth Area | $81,619,000 | $71,965,000 | $70,589,000 | $61,242,000 | $44,483,000 | $29,412,000 | $79,225,000 | $82,258,000 |
| Atlanta, GA Area | $77,667,000 | $75,315,000 | $84,648,000 | $59,307,000 | $47,382,000 | $36,656,000 | $96,100,000 | $88,965,000 |
| New York-New Jersey Metro Area | $59,707,000 | $58,106,000 | $58,435,000 | $49,892,000 | $33,412,000 | $25,901,000 | $100,524,000 | $100,369,000 |
| San Francisco Oakland CA Metro Area | $46,504,000 | $44,924,000 | $42,306,000 | $38,035,000 | $36,256,000 | $37,755,000 | $103,336,000 | $91,656,000 |
| Tampa FL Area | $38,292,000 | $39,164,000 | $38,880,000 | $34,009,000 | $23,006,000 | $14,680,000 | $34,157,000 | $30,897,000 |
| Miami, FL Metro Area | $38,249,000 | $37,263,000 | $34,862,000 | $34,474,000 | $23,128,000 | $11,454,000 | $30,731,000 | $30,784,000 |
| Houston, TX Area | $28,601,000 | $26,780,000 | $28,080,000 | $32,268,000 | $23,019,000 | $14,666,000 | $36,055,000 | $36,851,000 |
| Sold Properties | $27,112,000 | $102,694,000 | $299,068,000 | $247,474,000 | $58,867,000 | $31,252,000 | $135,341,000 | $116,436,000 |
| Orlando FL Area | $25,511,000 | $27,156,000 | $26,812,000 | $26,124,000 | $18,039,000 | $9,899,000 | $26,014,000 | $22,741,000 |
| Minneapolis-St. Paul, MN-WI Area | $19,350,000 | $18,842,000 | $19,739,000 | $16,391,000 | $9,869,000 | $5,138,000 | $23,178,000 | $30,239,000 |
| San Diego CA Area | $15,265,000 | $16,784,000 | $14,746,000 | $21,877,000 | $14,108,000 | $7,985,000 | $20,248,000 | $20,438,000 |
| Philadelphia PA Area | $14,043,000 | $12,902,000 | $13,556,000 | $13,093,000 | $13,053,000 | $11,667,000 | $29,095,000 | $29,788,000 |
| Corporate Area | $1,534,000 | $2,325,000 | $2,801,000 | $2,884,000 | $2,267,000 | $1,733,000 | $4,202,000 | $4,009,000 |
| Boston MA Area | — | — | — | $23,502,000 | $31,155,000 | $12,982,000 | $64,953,000 | $62,495,000 |
| Orlando World Quest | — | — | — | — | — | $2,142,000 | $5,501,000 | $5,747,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Occupancy | $825,623,000 | $889,753,000 | $1,059,155,000 | $974,002,000 | $655,121,000 | $407,492,000 | $1,184,987,000 | $1,134,687,000 |
| Food And Beverage | $207,588,000 | $212,581,000 | $232,829,000 | $196,663,000 | $94,911,000 | $61,157,000 | $243,917,000 | $224,311,000 |
| Hotel Other | $69,643,000 | $67,800,000 | $72,748,000 | $67,310,000 | $53,112,000 | $37,856,000 | $69,653,000 | $67,782,000 |
| Product And Service Other | $1,534,000 | $2,325,000 | $2,801,000 | $2,884,000 | $2,267,000 | $1,733,000 | $4,202,000 | $4,009,000 |
Key facts
CIK
1232582
CUSIP
044103794
13F (30d)
34 filings
34 filers
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