ASHFORD HOSPITALITY TRUST INC

CIK: 1232582 SIC: 6798

Profile Charts Filings

$1.10B

Revenue

$-179.84M

Net Income

30.43%

Gross Margin

10.54%

Op. Margin

$-49.31M

Free Cash Flow

Financial Statements Annual (10-K)

Showing 10 of 15 annual reports available (2011 - 2025)

Show: 5 10 All (15)

Annual Quarterly

Breakdown	TTM (Dec 31, 2025)	FY 2025 (Dec 31, 2025)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)
+ Total Revenue	$1.10B	$1.10B	$1.17B	$1.37B	$1.24B	$805.41M	$508.24M	$1.50B	$1.43B	$1.44B	$1.49B
Revenue Growth %	0.0%	-5.8%	-14.3%	10.2%	54.1%	58.5%	-66.2%	5.0%	-0.6%	-3.5%	nan%
Cost of Revenue	$768.27M	$768.27M	$815.36M	$925.44M	$835.99M	$576.81M	$434.67M	$952.67M	$900.58M	$907.30M	$938.40M
+ Gross Profit	$336.12M	$336.12M	$357.10M	$442.10M	$404.87M	$228.60M	$73.57M	$550.09M	$530.21M	$531.97M	$553.64M
Gross Margin %	30.4%	30.4%	30.5%	32.3%	32.6%	28.4%	14.5%	36.6%	37.1%	37.0%	37.1%
Operating Expenses	$1.11B	$1.11B	$1.17B	$1.25B	$1.16B	$932.03M	$936.92M	$1.41B	$1.34B	$1.30B	$1.34B
+ Operating Income	$116.42M	$116.42M	$259.21M	$130.44M	$76.25M	$-125.17M	$-465.37M	$114.73M	$90.41M	$135.00M	$155.70M
Operating Margin %	10.5%	10.5%	22.1%	9.5%	6.1%	-15.5%	-91.6%	7.6%	6.3%	9.4%	10.4%
Interest Expense	$256.23M	$256.23M	$273.36M	$366.15M	$227.00M	$156.12M	$247.38M	$262.00M	$236.79M	$222.63M	$223.97M
Interest Income	$4.74M	$4.74M	$6.94M	$8.98M	$4.78M	$207.00K	$672.00K	$3.07M	$3.95M	$2.20M	$331.00K
Other Income/Expense	-	-	$108.00K	$310.00K	$415.00K	$760.00K	$-17.00M	$10.49M	$64.00K	$-3.42M	$-4.52M
Income Before Tax	$-188.30M	$-188.30M	$-64.01M	$-179.83M	$-134.72M	$-265.10M	$-634.56M	$-141.46M	$-153.53M	$-90.98M	$-57.25M
Income Tax Expense	$-143.00K	$-143.00K	$997.00K	$900.00K	$6.34M	$5.95M	$-1.33M	$1.22M	$2.78M	$-2.22M	$1.53M
+ Net Income	$-179.84M	$-179.84M	$-60.30M	$-178.49M	$-139.82M	$-267.00M	$-543.88M	$-113.64M	$-126.97M	$-67.01M	$-46.28M
Net Margin %	-16.3%	-16.3%	-5.1%	-13.1%	-11.3%	-33.2%	-107.0%	-7.6%	-8.9%	-4.7%	-3.1%
Basic EPS	-35.75	-35.99	-17.54	-5.61	-4.46	-12.37	-33.00	-1.58	-1.75	-1.30	-0.95
Diluted EPS	-35.75	-35.99	-17.54	-5.61	-4.46	-12.43	-33.00	-1.58	-1.75	-1.30	-0.95
Basic Shares Outstanding	-	6.0M	4.7M	34.5M	34.3M	21.6M	15.8M	99.8M	97.3M	95.2M	94.4M
Diluted Shares Outstanding	-	6.0M	4.7M	34.5M	34.3M	21.8M	15.8M	99.8M	97.3M	95.2M	94.4M

Breakdown	FY 2025 (Dec 31, 2025)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)
Cash & Cash Equivalents	$66.14M	$112.91M	$165.23M	$417.06M	$592.11M	$92.91M	$262.64M	$319.21M	$354.81M	$347.09M
Short-term Investments	-	-	-	-	-	-	-	$21.82M	$26.93M	$53.19M
Accounts Receivable	-	-	-	-	-	-	$39.64M	$37.06M	$44.26M	$44.63M
Inventory	$3.60M	$3.63M	$3.68M	$3.86M	$3.29M	$2.45M	$4.35M	$4.22M	$4.24M	$4.53M
Property Plant & Equipment	-	-	-	-	-	-	$4.11B	$4.11B	$4.04B	$4.16B
Intangible Assets	$797.00K	$797.00K	$797.00K	$797.00K	$797.00K	$797.00K	$797.00K	$9.82M	$9.94M	$10.06M
Total Assets	$2.83B	$3.16B	$3.46B	$3.92B	$4.10B	$3.73B	$4.69B	$4.69B	$4.67B	$4.89B
Deferred Revenue	$26.70M	$25.30M	-	-	-	-	-	-	-	-
Long-term Debt	$2.53B	$2.63B	$3.40B	$3.84B	$3.89B	$3.73B	$4.11B	$3.93B	$3.70B	$3.72B
Total Liabilities	$3.21B	$3.37B	$3.69B	$4.04B	$4.08B	$3.99B	$4.35B	$4.15B	$3.92B	$3.97B
Common Stock	$65.00K	$56.00K	$374.00K	$345.00K	$345.00K	$644.00K	$1.02M	$1.01M	$974.00K	$964.00K
Retained Earnings	$-3.03B	$-2.81B	$-2.73B	$-2.53B	$-2.38B	$-2.09B	$-1.56B	$-1.36B	$-1.15B	$-974.01M
Total Stockholders Equity	$-626.35M	$-419.24M	$-345.90M	$-150.39M	$-2.65M	$-283.62M	$268.76M	$452.49M	$632.50M	$791.62M
Total Liabilities & Equity	$2.83B	$3.16B	$3.46B	$3.92B	$4.10B	$3.73B	$4.69B	$4.69B	$4.67B	$4.89B

Breakdown	TTM (Dec 31, 2025)	FY 2025 (Dec 31, 2025)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)
Net Income	$-199.81M	$-179.84M	$-60.30M	$-178.49M	$-139.82M	$-267.00M	$-543.88M	$-113.64M	$-126.97M	$-67.01M	$-46.28M
Depreciation & Amortization	$251.25M	$141.29M	$152.78M	$187.81M	$201.80M	$218.85M	$252.76M	$269.00M	$258.46M	$246.73M	$243.86M
Stock-based Compensation	$-648.00K	$-761.00K	$2.10M	$4.03M	$6.00M	$10.03M	$10.75M	$19.72M	$26.94M	$12.29M	$9.67M
Deferred Income Tax	-	$-242.00K	$11.00K	$-28.00K	-	-	-	-	-	-	-
Operating Cash Flow	$-49.31M	$-15.67M	$-23.59M	$14.39M	$39.22M	$-144.19M	$-149.53M	$177.21M	$181.56M	$207.38M	$175.06M
Acquisitions	-	-	-	-	-	-	$1.11M	$212.55M	$162.59M	$363.00K	$3.34M
Investing Cash Flow	$396.08M	$190.76M	$191.28M	$-89.75M	$-70.33M	$-34.04M	$-7.60M	$-253.19M	$-329.63M	$-63.88M	$-7.92M
Debt Repayment	$1.78B	$709.17M	$388.34M	$396.95M	$50.90M	$189.59M	$137.85M	$272.36M	$2.46B	$754.84M	-
Stock Issued	-	-	$8.78M	$1.03M	-	$562.83M	$31.87M	-	$14.75M	-	-
Stock Repurchased	-	$44.00K	$49.00K	$90.00K	$316.00K	$46.00K	$399.00K	$1.03M	$1.60M	$1.27M	$729.00K
Dividends Paid	$41.22M	$23.96M	$20.36M	$14.94M	$12.42M	$18.62M	$28.62M	$86.21M	$97.44M	$101.59M	$91.47M
Financing Cash Flow	$-310.96M	$-179.17M	$-258.75M	$-172.13M	$-101.51M	$702.56M	$-73.76M	$34.38M	$115.81M	$-163.90M	$-34.15M
Net Change in Cash	$35.80M	$-4.08M	$-91.06M	$-247.49M	$-132.62M	$524.33M	$-230.89M	$-41.60M	$-32.26M	-	$132.99M

SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025

Condensed Consolidated Statements of Operations

Description	Sep 30, 2025		Sep 30, 2025
Description	Current	Prior Year	Current YTD	Prior Year YTD
Total Revenue	$266.06M	$276.60M	$845.42M	$896.98M
Cost of Revenue	$193.27M	$194.83M	$580.58M	$613.17M
Operating Expenses	$280.30M	$267.55M	$807.33M	$839.97M
Operating Income	$12.22M	$20.17M	$123.05M	$308.17M
Interest Expense	$62.88M	$66.83M	$200.37M	$209.20M
Interest Income	$1.20M	$1.77M	$3.67M	$5.44M
Other Income/Expense	-	$36.00K	-	$108.00K
Income Before Tax	$-62.47M	$-59.57M	$-116.67M	$67.40M
Income Tax Expense	$259.00K	$-445.00K	$695.00K	$3.31M
Net Income	$-60.15M	$-57.91M	$-110.52M	$63.91M
Basic EPS	-11.35	-12.39	-23.38	10.94
Diluted EPS	-11.35	-12.39	-23.38	3.12
Basic Shares Outstanding	$6.08M	$5.10M	$5.85M	$4.42M
Diluted Shares Outstanding	$6.08M	$5.10M	$5.85M	$18.77M

Condensed Consolidated Balance Sheets

Description	Sep 30, 2025	Dec 31, 2024
Cash & Cash Equivalents	$81.90M	$112.91M
Inventory	$3.75M	$3.63M
Total Assets	$3.01B	$3.16B
Long-term Debt	$2.61B	$2.63B
Total Liabilities	$3.31B	$3.37B
Common Stock	$62.00K	$56.00K
Retained Earnings	$-2.95B	$-2.81B
Total Stockholders Equity	$-548.74M	$-419.24M
Total Liabilities & Equity	$3.01B	$3.16B

Condensed Consolidated Statements of Cash Flows

Description	Sep 30, 2025		Sep 30, 2025
Description	Current	Prior Year	Current YTD	Prior Year YTD
Net Income	$-60.15M	$-57.91M	$-110.52M	$63.91M
Depreciation & Amortization	$34.59M	$37.74M	$107.20M	$115.47M
Stock-based Compensation	-	-	$-537.00K	$1.53M
Operating Cash Flow	-	-	$-3.16M	$-37.69M
Investing Cash Flow	-	-	$133.13M	$211.86M
Debt Repayment	-	-	$634.99M	$336.49M
Stock Issued	-	-	-	$8.85M
Stock Repurchased	-	-	$4.00K	$49.00K
Dividends Paid	-	-	$17.73M	$14.70M
Financing Cash Flow	-	-	$-101.62M	$-251.76M
Net Change in Cash	-	-	$28.36M	$-77.59M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.