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Ashford Hospitality Trust, Inc. (AHT) 10-Year Financial Performance & Capital Metrics

AHT • • REIT / Real Estate
Real EstateHotel REITsLuxury & Upper Upscale HotelsPremium Full-Service Hotels
AboutAshford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.Show more
  • Revenue $1.17B -14.3%
  • FFO $92M +892.4%
  • FFO/Share 19.65 +630.5%
  • FFO Payout 22.02% -86.3%
  • FFO per Share 19.65 +630.5%
  • NOI Margin 19.99% -15.3%
  • FFO Margin 7.89% +1057.5%
  • ROE -
  • ROA -1.82% +62.4%
  • Debt/Assets 85.15% -5.0%
  • Net Debt/EBITDA 6.26 -32.2%
  • Book Value/Share -45.00 +30.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Sustainable FFO payout ratio of 22.0%

✗Weaknesses

  • ✗FFO declining 142.6% TTM
  • ✗Weak momentum: RS Rating 15 (bottom 15%)
  • ✗Low NOI margin of 20.0%
  • ✗Shares diluted 35.9% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y3.96%
5Y-4.84%
3Y13.33%
TTM-11.83%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-905.66%

EPS CAGR

10Y-
5Y-
3Y-
TTM-217.95%

ROCE

10Y Avg1.37%
5Y Avg-0.15%
3Y Avg4.73%
Latest8.5%

Peer Comparison

Premium Full-Service Hotels
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SHOSunstone Hotel Investors, Inc.1.74B9.1765.50-8.18%1.94%0.93%9.78%0.41
PKPark Hotels & Resorts Inc.2.3B11.4911.38-3.67%2.25%1.71%8.79%1.33
AHTAshford Hospitality Trust, Inc.29.17M4.55-0.26-14.26%-20.55%
SOHOSotherly Hotels Inc.44.26M2.16-6.354.63%-0.17%-0.84%58.49%8.18

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+1.34B1.49B1.44B1.43B1.5B508.24M805.41M1.24B1.37B1.17B
Revenue Growth %0.68%0.12%-0.04%-0.01%0.05%-0.66%0.58%0.54%0.1%-0.14%
Property Operating Expenses945.85M1.06B1.02B1.05B1.1B564.39M697.02M953.23M1.04B938.07M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+227.44M260.66M271.1M269.39M287.61M409.21M233.56M211.38M192.5M-24.81M
G&A Expenses14.51M14.77M20.79M19.43M11.11M28.05M16.15M9.88M16.18M24.66M
EBITDA+348.32M1.47B1.44B1.41B383.48M-212.91M93.81M278.15M318.25M411.98M
EBITDA Margin %----------
Depreciation & Amortization+210.41M1.32B1.3B1.32B268.75M252.46M218.98M201.9M187.81M152.78M
D&A / Revenue %----------
Operating Income+137.91M155.7M135M90.41M114.73M-465.37M-125.17M76.25M130.44M259.21M
Operating Margin %----------
Interest Expense+187.51M223.97M222.63M236.79M262M247.38M156.12M227M366.15M318.95M
Interest Coverage0.74x0.70x0.61x0.38x0.44x-1.88x-0.80x0.34x0.36x0.81x
Non-Operating Income-360.12M20.59M17.38M7.16M-5.81M-78.19M-16.19M-16.02M-55.87M4.27M
Pretax Income+310.52M-57.25M-90.98M-153.53M-141.46M-634.56M-265.1M-134.72M-179.83M-64.01M
Pretax Margin %----------
Income Tax+4.71M1.53M-2.22M2.78M1.22M-1.33M5.95M6.34M900K997K
Effective Tax Rate %----------
Net Income+270.94M-46.28M-67.01M-126.97M-113.64M-543.88M-267M-139.82M-178.49M-60.3M
Net Margin %----------
Net Income Growth %9.63%-1.17%-0.45%-0.89%0.1%-3.79%0.51%0.48%-0.28%0.66%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %5.07%1.64%-0.03%-0.03%-0.87%-2.88%0.84%2.29%-0.85%8.92%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+2350.00-490.17-703.81-1305.16-1429.12-4018.93-79.64-41.08-5.17-17.54
EPS Growth %7.56%-1.21%-0.44%-0.85%-0.09%-1.81%0.98%0.48%0.87%-2.39%
EPS (Basic)2430.00-490.83-703.81-1305.16-1429.12-4018.93-79.68-41.08-51.53-17.54
Diluted Shares Outstanding114.88K94.43K95.21K97.28K99.84K157.56K3.4M3.43M3.46M4.71M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+4.97B4.89B4.67B4.69B4.69B3.73B4.1B3.92B3.46B3.16B
Asset Growth %0.79%-0.01%-0.05%0%0%-0.2%0.1%-0.04%-0.12%-0.09%
Real Estate & Other Assets+4.44B4.18B4.05B4.13B14.94M19.83M3.25B3.19B2.99B2.35B
PP&E (Net)4.42B4.16B4.04B4.11B4.16B3.47B44.58M43.92M44.05M43.78M
Investment Securities1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Current Assets+453.61M643.96M602.1M544.65M498.15M238.1M789.16M663.25M414.73M758.55M
Cash & Equivalents215.08M347.09M354.81M319.21M262.64M92.91M592.11M417.06M165.23M112.91M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets-311K181.18M154.48M140.58M191.19M120.73M99.53M141.96M158.46M196.32M
Intangible Assets11.34M10.06M9.94M9.82M797K797K797K797K00
Total Liabilities4.03B3.97B3.92B4.15B4.35B3.99B4.08B4.04B3.69B3.37B
Total Debt+3.84B3.72B3.7B3.93B4.16B3.77B3.93B3.9B3.1B2.69B
Net Debt3.63B3.38B3.34B3.61B3.9B3.68B3.34B3.48B2.94B2.58B
Long-Term Debt3.84B3.72B3.7B3.93B4.11B3.73B3.89B3.84B3.04B2.63B
Short-Term Borrowings0000000000
Capital Lease Obligations16.49M16.2M15.84M15.48M53.27M45.31M45.11M63.51M63.23M62.36M
Total Current Liabilities+159.82M208.72M190.07M190.59M164.31M213.07M138.12M135.69M194.88M332.47M
Accounts Payable123.44M126.99M132.4M136.76M124.23M99.95M117.65M115.97M129.32M137.51M
Deferred Revenue-580.04M-2.76B-2.67B-669.23M000000
Other Liabilities34.39M17.93M34.22M34.2M28.11M7.59M7.01M6.42M387.49M348.65M
Total Equity+930.3M925.14M749.27M533.85M339.14M-260.5M20.09M-126.79M-224.28M-211.79M
Equity Growth %0.31%-0.01%-0.19%-0.29%-0.36%-1.77%1.08%-7.31%-0.77%0.06%
Shareholders Equity811.09M791.62M632.5M452.49M268.76M-283.62M-2.65M-148.34M-261.14M-247.7M
Minority Interest119.22M133.52M116.77M81.36M70.37M23.12M22.74M21.55M36.87M35.91M
Common Stock955K964K974K1.01M102K64K345K345K37K56K
Additional Paid-in Capital1.6B1.76B1.78B1.81B1.83B1.81B2.38B2.38B2.38B2.39B
Retained Earnings-787.22M-974.01M-1.15B-1.36B-1.56B-2.09B-2.38B-2.53B-2.73B-2.81B
Preferred Stock158K222K226K226K226K152K65K2.11M84.82M171.6M
Return on Assets (ROA)0.07%-0.01%-0.01%-0.03%-0.02%-0.13%-0.07%-0.03%-0.05%-0.02%
Return on Equity (ROE)0.33%-0.05%-0.08%-0.2%-0.26%-13.83%-13.29%---
Debt / Assets0.77%0.76%0.79%0.84%0.89%1.01%0.96%1%0.9%0.85%
Debt / Equity4.13x4.02x4.93x7.36x12.27x-195.78x---
Net Debt / EBITDA10.41x2.29x2.32x2.56x10.16x-35.61x12.53x9.23x6.26x
Book Value per Share8097.999797.577869.885487.753396.90-1653.365.90-36.92-64.75-45.00

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+208.96M175.06M207.38M181.56M177.21M-149.53M-144.19M39.22M14.39M-23.59M
Operating CF Growth %0.88%-0.16%0.18%-0.12%-0.02%-1.84%0.04%1.27%-0.63%-2.64%
Operating CF / Revenue %----------
Net Income306.41M-58.78M-88.76M-156.31M-142.68M-633.22M-271.05M-141.06M-178.49M-65.01M
Depreciation & Amortization210.24M243.71M246.49M258.22M268.75M252.46M218.98M201.9M187.81M152.62M
Stock-Based Compensation3.47M9.67M12.29M26.94M19.72M10.75M10.1M6M4.03M2.1M
Other Non-Cash Items-369.73M-51.69M46.23M60.64M40.85M65.09M-27.66M-2.13M-32.84M-176.1M
Working Capital Changes22.08M5.31M-11.19M-8.07M-9.27M156.45M-74.6M-25.43M33.91M62.79M
Cash from Investing+-853.54M-7.92M-63.88M-329.63M-253.19M-7.6M-34.04M-70.33M-89.75M191.28M
Acquisitions (Net)-735M-2.32M-984K-667K11.14M-1.11M-9M1.93M00
Purchase of Investments-96.32M-48.24M-54.79M-12.23M-4.21M-430K0-9.13M00
Sale of Investments1000K30K1000K1000K1000K00000
Other Investing-117.62M42.64M-58.82M-332.82M-284.86M-7.17M-24.95M12.68M-89.15M191.48M
Cash from Financing+644.6M-34.15M-163.9M115.81M34.38M-73.76M702.56M-101.51M-172.13M-258.75M
Dividends Paid-91.28M-91.47M-101.59M-97.44M-86.21M-28.62M-18.62M-12.42M-14.94M-20.36M
Common Dividends-91.28M-91.47M-101.59M-97.44M-86.21M-28.62M-18.62M-12.42M-14.94M-20.36M
Debt Issuance (Net)1000K-1000K-1000K1000K1000K-1000K1000K-1000K-1000K-1000K
Share Repurchases-52.29M-116.48M-219.7M-1.6M-1.03M-399K-46K-316K-168K-49K
Other Financing-50.17M-20.29M-777K-42.56M-10.82M-26.77M-29.51M-40.55M24.78M-7.07M
Net Change in Cash+15K132.01M-20.4M-32.26M-41.6M-230.89M524.33M-132.62M-247.49M-91.06M
Exchange Rate Effect0-976K00000000
Cash at Beginning215.06M215.08M492.47M472.07M439.81M398.21M167.31M691.64M559.03M311.53M
Cash at End215.08M347.09M472.07M439.81M398.21M167.31M691.64M559.03M311.53M220.47M
Free Cash Flow+208.39M175.03M207.16M181.23M176.73M-149.53M-144.28M-64.53M13.79M-23.79M
FCF Growth %0.88%-0.16%0.18%-0.13%-0.02%-1.85%0.04%0.55%1.21%-2.73%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share4.19K13.46K12.98K12.28K1.55K-1.85K-14.1118.082.6919.65
FFO Payout Ratio18.96%7.2%8.22%8.16%55.58%-9.82%-38.78%20.01%160.37%22.02%
NOI Margin29.25%29.07%28.92%26.75%26.77%-11.05%13.46%23.18%23.61%19.99%
Net Debt / EBITDA10.41x2.29x2.32x2.56x10.16x-35.61x12.53x9.23x6.26x
Debt / Assets77.35%76.12%79.15%83.81%88.67%101.07%95.97%99.61%89.66%85.15%
Interest Coverage0.74x0.70x0.61x0.38x0.44x-1.88x-0.80x0.34x0.36x0.81x
Book Value / Share8.1K9.8K7.87K5.49K3.4K-1.65K5.9-36.92-64.75-45
Revenue Growth68.2%11.6%-3.54%-0.59%5.03%-66.18%58.47%54.07%10.21%-14.26%

Revenue by Segment

2011201220132018201920202021202220232024
Hotel---1.43B1.5B506.5M803.14M1.24B1.36B1.17B
Hotel Growth----5.03%-66.20%58.57%54.14%10.24%-14.26%
Occupancy--------1.06B889.75M
Occupancy Growth----------15.99%
Food and Beverage--------232.83M212.58M
Food and Beverage Growth----------8.70%
Hotel, Other--------72.75M67.8M
Hotel, Other Growth----------6.80%
Product and Service, Other--------2.8M2.33M
Product and Service, Other Growth----------16.99%
Direct Hotel Investments889.8M922.61M941.21M-------
Direct Hotel Investments Growth-3.69%2.02%-------
Corporate--1.05M-------
Corporate Growth----------
Hotel Financing----------
Hotel Financing Growth----------
Corporate----------
Corporate Growth----------

Revenue by Geography

2011201220132018201920202021202220232024
Other Areas---354.18M343.81M130.31M219.5M288.91M357.57M295.71M
Other Areas Growth-----2.93%-62.10%68.45%31.62%23.77%-17.30%
Washington DC - MD - VA Area---113.9M124.06M31.45M51.62M108.12M162.81M169.81M
Washington DC - MD - VA Area Growth----8.91%-74.65%64.14%109.47%50.59%4.29%
Los Angeles, CA Metro Area---77.98M78.69M34.18M54.56M76.6M106.43M94.13M
Los Angeles, CA Metro Area Growth----0.91%-56.56%59.63%40.39%38.94%-11.56%
Nashville, TN Area---50.12M51.63M12.11M32.77M52.79M88.82M89.58M
Nashville, TN Area Growth----3.01%-76.55%170.75%61.06%68.27%0.85%
Atlanta, GA Area---66.69M72.57M28.05M47.12M65.62M86M75.31M
Atlanta, GA Area Growth----8.82%-61.35%68.00%39.25%31.07%-12.43%
Dallas / Ft. Worth Area---61.91M59.93M22.49M36.17M53.83M80.34M71.97M
Dallas / Ft. Worth Area Growth-----3.20%-62.47%60.82%48.83%49.24%-10.42%
New York / New Jersey Metro Area---74.44M98.96M20.13M32.78M54.3M66.31M58.11M
New York / New Jersey Metro Area Growth----32.94%-79.66%62.83%65.66%22.12%-12.38%
San Francisco - Oakland, CA Metro Area---81.37M91.08M33.89M40.5M63.06M62.03M44.92M
San Francisco - Oakland, CA Metro Area Growth----11.94%-62.79%19.52%55.69%-1.64%-27.57%
Tampa, FL Area---22.9M25.19M11.32M19.77M26.18M38.88M39.16M
Tampa, FL Area Growth----10.01%-55.04%74.60%32.41%48.50%0.73%
Houston, TX Area---26.78M26.04M11.42M19.17M23.86M38.34M37.59M
Houston, TX Area Growth-----2.78%-56.15%67.88%24.49%60.67%-1.98%
Miami, FL Metro Area---28.37M27.86M8.64M18.56M25.39M34.86M37.26M
Miami, FL Metro Area Growth-----1.79%-68.97%114.73%36.79%37.32%6.89%
Boston, MA Area---60.23M61.22M9.64M25.43M49.77M73.81M29.98M
Boston, MA Area Growth----1.64%-84.25%163.62%95.75%48.29%-59.38%
Orlando, FL Area---28.97M30.4M8.41M15.84M22.81M26.81M27.16M
Orlando, FL Area Growth----4.95%-72.32%88.27%43.98%17.54%1.28%
San Diego, CA Area---18.39M17.84M7M12.39M19.67M24.24M26.55M
San Diego, CA Area Growth-----3.01%-60.77%77.08%58.71%23.24%9.54%
Minneapolis - St. Paul, MN-WI Area---36.14M32.07M4.42M7.19M12.14M19.74M18.84M
Minneapolis - St. Paul, MN-WI Area Growth-----11.25%-86.23%62.73%68.89%62.59%-4.54%
Philadelphia, PA Area---24.39M24.47M9.89M16.86M22.05M17.71M12.9M
Philadelphia, PA Area Growth----0.34%-59.59%70.50%30.82%-19.70%-27.15%
Corporate Area--------2.8M2.33M
Corporate Area Growth----------16.99%
Orlando WorldQuest---4.43M4.07M1.57M3.79M4.5M--
Orlando WorldQuest Growth-----8.20%-61.36%141.50%18.61%--

Frequently Asked Questions

Growth & Financials

Ashford Hospitality Trust, Inc. (AHT) reported $1.13B in revenue for fiscal year 2024. This represents a 27% increase from $889.8M in 2011.

Ashford Hospitality Trust, Inc. (AHT) saw revenue decline by 14.3% over the past year.

Ashford Hospitality Trust, Inc. (AHT) reported a net loss of $232.5M for fiscal year 2024.

Dividend & Returns

Yes, Ashford Hospitality Trust, Inc. (AHT) pays a dividend with a yield of 95.11%. This makes it attractive for income-focused investors.

Industry Metrics

Ashford Hospitality Trust, Inc. (AHT) generated Funds From Operations (FFO) of $-84.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Ashford Hospitality Trust, Inc. (AHT) offers a 95.11% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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