AHT · Ashford Hospitality Trust Inc · Financials
$2.28
+0.08 (+3.64%)
At close · Oct 2
Return incl. dividend (before tax)
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. The consolidated financial statements have been prepared assuming that the Company will continue as a going concern and do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 12, 2026
Market Cap
$16.24M
Shares
6.47M
Volume · Oct 2
9168
Avg daily vol (3M)
27.14K
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
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 | |
| -$216K | — | — | — | — | — | — | — | — | — | — | -$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 | |
| $36.05M | — | — | — | — | — | — | — | — | — | — | — | — | — | $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 | $0 | $0 | $0 | $1.4M | $10.9M | |
| $3.22M | $0 | $108K | $310K | $415K | $760K | -$17M | $10.49M | $64K | -$3.42M | -$4.52M | -$864K | $6.57M | $5.65M | — | — | — | — | |
| $291.32M | $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 | -$16.50 | -$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 | -$33.61 | -$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.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Finance lease liabilities | 2026-06-30 | USD 17,258,000 | 10-Q filed 2026-08-12 |
| Long-term debt, including current maturities | 2026-06-30 | USD 1,905,747,000 | 10-Q filed 2026-08-12 |
| Operating lease liabilities | 2026-06-30 | USD 37,676,000 | 10-Q filed 2026-08-12 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
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
1.73×
Peer median 3.02×
EV/EBIT
8.60×
Peer median 27.15×
P/E (TTM)
—
Peer medians compare against the 5 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 |