Ashford Hospitality Trust, Inc.

Ashford Hospitality Trust, Inc.

AHT
Ashford Hospitality Trust, Inc.US flagNew York Stock Exchange
3.24
USD
-0.01
- -
20.98MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12,501.19
9,071.34
13,884.79
15,801.19
15,117.27
14,707.64
15,052.12
3,225.68
372.44
361.36
396.12
249.14
184.87
177.45
Basic EPS, GAAP
-1,001.2
-745.97
2,461.08
-874.3
-1,173.96
-1,742.8
-1,564.67
-3,655.71
-123.59
-44.62
-57.09
-18.25
-35.99
-41.87
Free Cash Flow per Basic Share
1,935.43
1,268.07
2,108.31
1,903
2,175.86
1,862.94
1,770.23
-949.04
-66.72
11.42
3.99
-5.06
-2.62
6.3
Dividend per Share
1,048.89
974.84
947.99
968.64
1,067.06
1,001.68
863.51
181.64
8.61
3.62
4.33
4.33
4.01
2.97
Book Value per Share
-11,906.87
-11,976.78
-8,165.6
-10,304.91
-12,107.54
-14,000.64
-15,604.8
-13,285.28
-1,101.79
-737.85
-790.57
-597.5
-506.93
-502.03
Tangible Book Value per Share
10,017.76
8,095.44
9,542.05
9,688.67
7,763.07
5,384.33
3,386.65
-1,659.39
8.89
-37.77
-89.76
-81.64
-98.83
-107.05
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
2
3
3
5
6
6
Sales/Revenue/Turnover
940
795
1,337
1,492
1,439
1,431
1,503
508
805
1,241
1,368
1,172
1,104
1,095
Operating Margin (%)
12.51
9.67
12.24
11.63
10.09
7.92
8.13
-66.3
-15.72
6.12
8.7
4.86
5.9
5.82
Depreciation Expense
128
111
210
244
246
258
269
252
219
202
188
153
140
135
Net Income, GAAP
-41
-31
271
-46
-67
-127
-114
-544
-267
-140
-178
-60
-180
-224
Effective Tax Rate (%)
- -
- -
1.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-4.39
-3.95
20.27
-3.1
-4.66
-8.87
-7.56
-107.01
-33.15
-11.27
-13.05
-5.14
-16.28
-20.43
Working Capital
210
311
294
435
412
354
342
20
651
528
220
414
354
288
LT Debt
1,819
1,943
3,841
3,724
3,696
3,927
4,160
3,774
3,933
3,902
3,104
2,692
2,588
2,349
Total Equity
753
709
930
925
749
534
339
-261
20
-127
-224
-212
-373
-439
Return on Invested Capital (%)
- -
- -
4.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
19.79
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
2,911
2,527
2,287
LT Finance Leases
62
62
61
Preferred Equity and Hybrid Capital
212
217
222
Shares Outstanding
6
6
6
Market Capitalization
34
25
17

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
732
664
695
Cash, Cash Equivalents & STI
82
66
78
Accounts Receivable, Net
42
33
43
Inventories
4
4
3
Total Current Liabilities
297
309
407
Payables & Accruals
268
268
340
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-95.29%
-138.27%
76.24%
Free Cash Flow
-69.8%
-100.44%
-34.15%
Net Income, GAAP
44.64%
12.23%
198.24%
Sales/Revenue/Turnover
4.9%
20.54%
-5.81%
Total Cash Common Dividend
-42.56%
-58.57%
114.43%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
304
316
277
275
1,172
2025
277
302
266
259
1,104
2026
268
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.13
10.2
-12.7
-23.84
-18.25
2025
-4.91
-6.88
-11.35
-12.33
-35.99
2026
-11.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.19
1.13
1.03
1.03
4.33
2025
1
1.03
1.01
0.98
4.01
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Stephen Zsigray
Full Time Employees
82
Sector
Real Estate
Industry
REIT - Hotel & Motel
Address
14185 Dallas Parkway Dallas TX United States of America 75254
IPO Date
Aug 26, 2003
Business
Ashford Hospitality Trust, Inc. is a real estate investment trust (REIT) primarily engaged in investing in and owning upper upscale, full-service and select-service hotel properties predominantly located across the United States. Its portfolio consists mainly of branded hotels operating under leading hospitality groups such as Hilton, Marriott, Hyatt, and Intercontinental Hotel Group, featuring approximately 68 consolidated operating hotels with over 16,700 rooms. The company conducts its operations through its operating partnership, Ashford Hospitality Limited Partnership, and holds additional investments including a 15.1% stake in OpenKey, Inc., and ownership interests in certain resort properties in Napa, California. Founded in 2003 and headquartered in Dallas, Texas, Ashford Trust focuses on direct hotel investments, as well as providing real estate investment services like mezzanine financing, first mortgage financing, and sales-leaseback transactions. In the last 1-2 years, Ashford Hospitality Trust has undertaken several strategic initiatives and operational changes aiming to enhance its performance and shareholder value. Notably, it launched the "GRO AHT" strategic initiative in late 2024, focused on General & Administrative (G&A) expense reduction, revenue maximization, and operational efficiency to drive EBITDA growth by over 20%. The company has actively engaged in asset sales to deleverage its balance sheet, including the divestiture of several hotel properties such as the Hilton Houston NASA Clear Lake, Residence Inn San Diego Sorrento Mesa, and Courtyard Boston Downtown, collectively generating significant capital and cash flow improvements. In financing activities, Ashford Trust refinanced high-profile hotel mortgages with improved terms, reducing interest rates and extending loan maturities, while also closing a non-traded preferred stock offering to support its capital structure. Additionally, in October 2024, the company completed a 1-for-10 reverse split of its operating partnership units to optimize its capital structure. Ashford Hospitality Trust targets upper upscale hotel markets with room revenue as its primary income source, supplemented by food and beverage and other ancillary revenues. Its strategic focus remains on enhancing portfolio quality and optimizing returns through selective acquisitions, asset management, and capital market initiatives. The company operates exclusively within the US hotel market, maintaining a highly aligned management team committed to maximizing shareholder value through transformative growth initiatives and disciplined financial management. The company’s leadership includes CEO Stephen Zsigray and Founder and Chairman Montgomery Jack Bennett IV, underscoring continuity in expertise and strategic direction. This comprehensive strategy positions Ashford Hospitality Trust as a specialized player in the lodging real estate sector with a focus on branded, upper upscale full-service hotels, supported by ongoing portfolio optimization and financial structuring efforts to enhance operational performance and shareholder returns. All provided information reflects the latest publicly available data as of late 2025.

Company News

APIChatGPT
  • FTSE 100 drops amid China banking concerns and falling oil prices

  • A Fragile Truce

  • ASHFORD HOSPITALITY TRUST CONTINUES STRATEGIC PORTFOLIO OPTIMIZATION THROUGH SALE OF SIX HOTELS

  • Ashford Hospitality Trust, Inc. Investigated by the Portnoy Law Firm

  • ASHFORD ANNOUNCES PLANNED RETIREMENT OF CHIEF FINANCIAL OFFICER DERIC EUBANKS

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT

  • ASHFORD HOSPITALITY TRUST MOURNS THE LOSS OF BOARD MEMBER, SONNY SRA

  • How To Separate Good Management From The Bad

  • Seeking Shelter In A Shifting Market

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT

  • Ashford Hospitality Trust, Inc. (AHT) Q4 2025 Earnings Call Prepared Remarks Transcript

  • AHT Investors Have Opportunity to Join Ashford Hospitality Trust, Inc. Fraud Investigation with the Schall Law Firm

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT

  • ASHFORD HOSPITALITY TRUST SEES STRONG BUYER DEMAND IN MULTIPLE HOTEL TRANSACTIONS AND CLOSINGS

  • Comparing Ashford Hospitality Trust (NYSE:AHT) & BXP (NYSE:BXP)

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT

  • AHT Investors Have Opportunity to Join Ashford Hospitality Trust, Inc. Fraud Investigation with the Schall Law Firm

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT

  • Fraud Investigation: Levi & Korsinsky Investigates Ashford Hospitality Trust, Inc. (AHT) on Behalf of Shareholders