Ashford Hospitality Trust, Inc. AHT
Company Overview
Ashford Hospitality Trust, Inc., together with its subsidiaries, is a real estate investment trust. While our portfolio currently consists of upscale hotels and upper upscale full-service hotels, our investment strategy is predominantly focused on investing in upper upscale full-service hotels in the United States that have revenue per available room generally less than twice the U.S. national average, and in all methods including direct real estate, equity and debt. We currently anticipate future investments will predominantly be in upper upscale hotels. We own our lodging investments and conduct our business through Ashford Hospitality Limited Partnership, our operating partnership. Ashford OP General Partner LLC, a wholly owned subsidiary of Ashford Trust, serves as the sole general partner of our operating partnership. Ashford Hospitality Trust, Inc. was established on May 15th, 2003 and incorporated in Maryland.
Why Investors Should Care
Generates a return on equity of 43.9%, reflecting efficient use of shareholder capital.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $1.10B (-5.8% YoY); net profit $-179.84M.
- Trailing 12 Months Year-on-year growth — revenue -3.4%.
- 5-Year Trend Long-term compounding — revenue CAGR -3.8%, profit CAGR -9.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -3.81% |
| 1 Year: | -3.40% |
Compounded Profit Growth
| 5 Years: | -9.54% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -49.35% |
| 6 Months: | -3.09% |
| 3 Months: | +4.32% |
| 1 Month: | -3.09% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)41.02 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 43.9%.
- Generates positive free cash flow.
CONS
- Revenue declined at -3.8% CAGR over 5 years.
- Earnings shrank at -9.5% CAGR over 5 years.
- Trading 49.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AHT Ashford Hospitality Trust, Inc. | 3.14 | -0.07 | $20.34M | 0.00% | 4.24% | 43.94% | -3.81% | -9.54% |
| 2 | WELL Welltower Inc. SPXR3K | 236.17 | 106.38 | $170.18B | 1.44% | 0.54% | 3.84% | 22.26% | 11.10% |
| 3 | PLD Prologis, Inc. SPXR3K | 137.34 | 30.59 | $130.52B | 3.08% | - | 7.75% | 16.83% | 39.42% |
| 4 | EQIX Equinix, Inc. SPXR3K | 1,035.98 | 66.49 | $102.22B | 1.96% | 5.42% | 10.73% | 17.43% | 17.11% |
| 5 | AMT American Tower Corporation SPXR3K | 175.85 | 28.36 | $81.94B | 4.08% | 8.76% | 33.91% | 12.41% | 25.08% |
| 6 | DLR Digital Realty Trust, Inc. SPXR3K | 188.39 | 241.53 | $69.71B | 2.44% | - | 2.91% | 15.18% | 18.41% |
| 7 | SPG Simon Property Group, Inc. SPXR3K | 209.44 | 14.57 | $67.92B | 3.97% | - | 113.59% | 3.14% | 14.02% |
| 8 | O Realty Income Corporation SPXR3K | 61.25 | 44.71 | $57.95B | 5.21% | - | 3.23% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPXR3K | 302.01 | 28.74 | $56.40B | 3.67% | - | 21.93% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | 355.93M | - | 358.72M | 415.15M | 374.24M | 354.66M | 281.88M | 43.06M | 93.04M | 90.25M | 115.83M | 193.41M | 247.43M | 248.74M | 247.14M | 348.10M | 328.16M | 328.89M | 375.75M | 343.01M | 303.90M | 316.48M | 276.60M | - | 277.36M | 302.00M | 266.06M | 258.97M | 267.73M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 216.07M | 227.08M | 220.03M | 213.92M | 216.05M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 61.29M | 74.92M | 46.03M | 45.05M | 51.69M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41.67M | 40.76M | 41.89M | 37.75M | 33.61M |
| Operating Income | 29.73M | 41.40M | 69.47M | 41.07M | 3.76M | 28.18M | 72.58M | 29.63M | 18.65M | 23.25M | 43.45M | 29.32M | -5.61M | 23.98M | 48.78M | 29.44M | 12.53M | -49.44M | -151.74M | -164.53M | -99.67M | -70.04M | -35.64M | -4.91M | -14.58M | -14.61M | 42.15M | 33.29M | 23.75M | 52.82M | 37.21M | 152.49M | 135.50M | 20.17M | - | 19.62M | 34.16M | 4.13M | 7.30M | 18.08M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 92.31M | 83.55M | 44.69M | 27.72M | 48.67M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 76.85M | 80.59M | 72.56M | 65.27M | 81.37M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -21.88M | -32.32M | -62.47M | -71.64M | -64.70M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 317.00K | 119.00K | 259.00K | -838.00K | 752.00K |
| Net Income | - | -9.99M | 30.75M | -20.14M | - | -25.41M | 10.18M | -21.81M | - | -26.27M | -18.31M | -27.59M | - | -38.02M | -16.28M | -31.18M | - | -84.20M | -204.62M | -129.28M | - | -103.04M | -64.29M | -43.69M | - | -55.43M | -6.17M | -22.09M | -60.92M | -24.61M | -63.56M | 71.56M | 50.25M | -57.91M | - | -19.97M | -30.40M | -60.15M | -69.32M | -63.77M |
| Diluted EPS | - | -0.20 | 0.23 | -0.37 | - | -0.39 | -0.01 | -0.40 | - | -0.39 | -0.30 | -0.40 | - | -0.49 | -2.73 | -4.21 | - | -9.40 | -208.53 | -118.91 | - | -11.01 | -4.35 | -1.70 | - | -1.71 | -0.27 | -0.73 | -1.88 | -0.85 | -19.91 | 5.99 | 2.50 | -12.39 | - | -4.91 | -6.88 | -11.35 | -12.33 | -11.03 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 837.68M | 808.93M | 859.98M | 919.66M | 939.53M | 794.85M | 1.34B | 1.49B | 1.44B | 1.43B | 1.50B | 508.24M | - | 1.24B | 1.37B | 1.17B | 1.10B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 953.23M | 1.04B | 938.07M | 877.10M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 287.63M | 322.94M | 234.39M | 227.29M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 211.68M | 203.99M | 177.44M | 162.08M |
| Operating Income | -81.82M | 61.77M | 93.86M | 114.11M | 116.90M | 76.69M | 137.91M | 187.30M | 149.03M | 90.41M | 114.73M | -465.37M | - | 75.95M | 118.95M | 56.96M | 65.21M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 294.17M | 374.12M | 407.71M | 248.26M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 227.00M | 366.15M | 318.95M | 295.27M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -134.72M | -179.83M | -64.01M | -188.30M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.34M | 900.00K | 997.00K | -143.00K |
| Net Income | -250.24M | -51.74M | 2.11M | -53.78M | -41.28M | -31.40M | 270.94M | -46.28M | -67.01M | -126.97M | -113.64M | -543.88M | - | -139.82M | -178.49M | -60.30M | -179.84M |
| Diluted EPS | - | - | - | - | - | - | 2.35 | -0.95 | -1.30 | -17.52 | -157.74 | -329.97 | - | -44.60 | -56.10 | -17.54 | -35.99 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 3.72B | 3.59B | 3.46B | 2.68B | 2.77B | 4.97B | 4.89B | 4.67B | 4.69B | 4.69B | 3.73B | - | 3.92B | 3.46B | 3.16B | 2.83B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 663.25M | 414.73M | 746.88M | 663.54M |
| Cash & Equivalents | 241.60M | 165.17M | 217.69M | 167.61M | 185.94M | 128.78M | 215.06M | 215.08M | 347.09M | 354.81M | 319.21M | 262.64M | 92.91M | - | 417.06M | 165.23M | 112.91M | 66.14M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.86M | 3.68M | 3.63M | 3.60M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.81M | 45.52M | 35.58M | 32.75M |
| Total Liabilities | - | - | 2.68B | 2.49B | 2.47B | 1.92B | 2.06B | 4.03B | 3.97B | 3.92B | 4.15B | 4.35B | 3.99B | - | 4.04B | 3.69B | 3.37B | 3.21B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 135.69M | 194.88M | 332.47M | 309.12M |
| Long Term Debt | - | - | 2.52B | 2.36B | 2.34B | 1.82B | 1.94B | 3.84B | 3.72B | 3.70B | 3.93B | 4.11B | 3.73B | - | 3.84B | 3.04B | 2.63B | 2.53B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.90B | 3.10B | 2.69B | 2.59B |
| Total Equity | 1.23B | 833.52M | 816.81M | 973.41M | 831.94M | 617.79M | 531.63M | 811.09M | 791.62M | 632.50M | 452.49M | 268.76M | -283.62M | - | -148.34M | -261.14M | -247.70M | -409.27M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.45M | 3.74M | 5.64M | 6.48M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 65.61M | 82.65M | 74.59M | 130.63M | 145.46M | 111.32M | 203.58M | 179.72M | 207.38M | 181.56M | 177.21M | -149.53M | - | 39.22M | 14.39M | -23.59M | -15.67M |
| Investing Cash Flow | -44.75M | -47.48M | -47.77M | -68.45M | -354.00M | -207.25M | -780.32M | -21.86M | -63.88M | -329.63M | -253.19M | -7.60M | - | -70.33M | -89.75M | 191.28M | 190.76M |
| Financing Cash Flow | -97.29M | 17.35M | -76.90M | -43.86M | 151.39M | 182.21M | 644.60M | -34.15M | -163.90M | 115.81M | 34.38M | -73.76M | - | -101.51M | -172.13M | -258.75M | -179.17M |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | -90.00K | - | -599.00K | -200.00K | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.22M | 13.79M | -23.79M | -15.67M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -132.62M | -247.49M | -91.06M | -4.08M |
| Share Buybacks | - | - | 0 | 499.00K | 401.00K | 458.00K | 52.29M | 729.00K | 1.27M | 1.60M | 1.03M | 399.00K | 46.00K | 316.00K | 90.00K | 49.00K | 44.00K |
| Dividends Paid | - | - | 53.30M | 71.56M | 78.83M | 85.42M | 91.28M | 91.47M | 101.59M | 97.44M | 86.21M | 28.62M | 18.62M | 12.42M | 14.94M | 20.36M | 23.96M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.2% | 23.6% | 20.0% | 20.6% |
| Operating Margin % | -9.8% | 7.6% | 10.9% | 12.4% | 12.4% | 9.6% | 10.3% | 12.6% | 10.4% | 6.3% | 7.6% | -91.6% | - | 6.1% | 8.7% | 4.9% | 5.9% |
| Net Margin % | -29.9% | -6.4% | 0.2% | -5.8% | -4.4% | -4.0% | 20.3% | -3.1% | -4.7% | -8.9% | -7.6% | -107.0% | - | -11.3% | -13.1% | -5.1% | -16.3% |
| ROE % | -30.0% | -6.3% | 0.2% | -6.5% | -6.7% | -5.9% | 33.4% | -5.8% | -10.6% | -28.1% | -42.3% | 191.8% | - | 94.3% | 68.3% | 24.3% | 43.9% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.0% | 3.6% | 2.0% | 2.6% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Castleknight Management LP | 6.83% | 441.89K | $1.44M |
| 2 | Kmt Wealth Management, LLC | 4.05% | 262.02K | $851.57K |
| 3 | Kingsbury Capital Investment Advisors LLC | 4.05% | 262.02K | $851.57K |
| 4 | Vanguard Capital Management LLC | 3.76% | 243.01K | $789.79K |
| 5 | Geode Capital Management, LLC | 1.02% | 66.15K | $214.99K |
| 6 | Renaissance Technologies, LLC | 0.85% | 54.80K | $178.11K |
| 7 | Citadel Advisors Llc | 0.76% | 49.28K | $160.16K |
| 8 | Blackrock Inc. | 0.65% | 42.13K | $136.94K |
| 9 | Vanguard Fiduciary Trust Co | 0.51% | 32.93K | $107.03K |
| 10 | Jane Street Group, LLC | 0.41% | 26.80K | $87.12K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AHT
Ashford Hospitality Trust sells Hyatt Regency Long Island for $26.5M
The New York transaction follows the real estate investment trust’s sale of a Marriott in Silicon Valley, California, amid the firm’s ongoing offloading strategy.
Ashford Hospitality Trust sells Fremont Marriott Silicon Valley for $53M
The California sale comes after Ashford offloaded several other hotel assets in June, as “opportunistic dispositions” remain core to the trust’s 2026 strategy, per CEO Stephen Zsigray.
Ashford Hospitality Trust to offload 6 hotels for nearly $155M
The real estate investment trust has closed seven hotel sales so far this year as it looks to improve leverage, liquidity and cash flow, per CEO Stephen Zsigray.
Ashford Hospitality Trust offloads Virginia hotel for $58M
The Dallas-based real estate investment trust sold the 252-room Hilton Alexandria Old Town hotel as part of its “opportunistic dispositions” strategy.
Ashford Hospitality Trust sells four hotels and lines up two more sales
Ashford Hospitality Trust expects these sales to close by May 2026, subject to customary conditions.
ASHFORD HOSPITALITY TRUST CONTINUES STRATEGIC PORTFOLIO OPTIMIZATION THROUGH SALE OF SIX HOTELS
Ashford Hospitality Trust, Inc. (NYSE: AHT) (the "Company") today announced that it has successfully closed on the sale of four hotels and has entered into definitive agreements to sell an additional two hotels. These six transactions are p…
AHT — Frequently Asked Questions
What is the current share price of Ashford Hospitality Trust, Inc. (AHT)?
As of 2026-09-07 16:24 PDT, Ashford Hospitality Trust, Inc. (AHT) trades at $3.14 on NYSE. Its 52-week range is $2.59 to $6.25.
What is the market capitalisation of AHT?
Ashford Hospitality Trust, Inc. (AHT) has a market capitalisation of $20.34M on NYSE.
What is the P/E ratio of AHT?
AHT trades at a trailing price-to-earnings (P/E) ratio of -0.07. The industry average P/E is 24.38. Its price-to-book (P/B) ratio is -0.03.
What is the return on equity (ROE) of AHT?
AHT has a return on equity (ROE) of 43.94%. Its return on capital employed (ROCE) is 4.24%.
Is AHT a good stock to buy?
This page provides a data-driven analysis of Ashford Hospitality Trust, Inc. (AHT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.