15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | -$180M | 0.0% | 10.5% | — | $2.5B | $66M |
| 2024 | $1.2B | -$60M | 0.0% | 22.1% | — | $2.6B | $113M |
| 2023 | $1.4B | -$178M | 0.0% | 9.5% | — | $3.0B | $165M |
| 2022 | $1.2B | -$140M | 0.0% | 6.1% | — | $3.8B | $417M |
| 2021 | $805M | -$267M | 0.0% | -15.5% | — | $3.9B | $592M |
| 2020 | $508M | -$544M | 0.0% | -91.6% | — | $3.7B | $93M |
| 2019 | $1.5B | -$114M | 36.6% | 7.6% | — | $4.1B | $263M |
| 2018 | $1.4B | -$127M | 37.1% | 6.3% | — | $3.9B | $319M |
| 2017 | $1.4B | -$67M | 37.0% | 10.4% | — | $3.7B | $355M |
| 2016 | — | -$46M | — | — | — | $3.7B | $347M |
| 2015 | — | $271M | — | — | — | $3.8B | $215M |
| 2014 | — | -$31M | — | — | — | $1.9B | $215M |
| 2013 | — | -$41M | — | — | — | $1.8B | $129M |
| 2012 | — | -$54M | — | — | — | $2.3B | $186M |
| 2011 | — | $2M | — | — | — | $2.4B | $168M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $268M | -$64M | 0.0% | 4.9% | — | $2.3B | $78M |
| Dec '25 | $259M | -$69M | 0.0% | -2.6% | — | $2.5B | $66M |
| Sep '25 | $266M | -$60M | 0.0% | 4.6% | — | $2.6B | $82M |
| Jun '25 | $302M | -$30M | 0.0% | 16.3% | — | $2.6B | $100M |
| Mar '25 | $277M | -$20M | 0.0% | 22.2% | — | $2.7B | $86M |
| Dec '24 | $275M | -$124M | 0.0% | -17.8% | — | $2.6B | $113M |
| Sep '24 | $277M | -$58M | 0.0% | 7.3% | — | $2.7B | $120M |
| Jun '24 | $316M | $50M | 0.0% | 42.8% | — | $2.8B | $122M |
| Mar '24 | $304M | $72M | 0.0% | 50.2% | — | $2.9B | $111M |
| Dec '23 | $320M | -$29M | 0.0% | 5.2% | — | $3.0B | $165M |
| Sep '23 | $343M | -$64M | 0.0% | 10.8% | — | $3.6B | $184M |
| Jun '23 | $376M | -$25M | 0.0% | 14.1% | — | $3.7B | $252M |
| Mar '23 | $329M | -$61M | 0.0% | 7.2% | — | $3.8B | $345M |
| Dec '22 | $317M | -$56M | 0.0% | 4.9% | — | $3.8B | $417M |
| Sep '22 | $328M | -$22M | 0.0% | 10.1% | — | $3.8B | $506M |
| Jun '22 | $348M | -$6M | 0.0% | 12.1% | — | $3.8B | $538M |
| Mar '22 | $247M | -$55M | 0.0% | -5.9% | — | $3.9B | $549M |
| Dec '21 | $249M | -$56M | 0.0% | -5.9% | — | $3.9B | $592M |
| Sep '21 | $247M | -$44M | 0.0% | -2.0% | — | $3.9B | $673M |
| Jun '21 | $193M | -$64M | 0.0% | -18.4% | — | $3.9B | $520M |
How the market has priced AHT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, ASHFORD HOSPITALITY TRUST INC's revenue has grown 16.8% per year. These are computed facts, not advice.
As of FY2025, ASHFORD HOSPITALITY TRUST INC reported $2.5B of total debt against $66M of cash.
In FY2025, gross margin was —, operating margin 10.5%, and net margin -16.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.