Ashford Hospitality Trust, Inc. (AHT)

Ashford Hospitality Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	839.4	889.75	1,059	974	655.12	407.49
Other Revenue	279.25	280.34	307.24	266.05	149.73	100.3
Total Revenue	1,119	1,170	1,366	1,240	804.85	507.79
Revenue Growth (YoY	-7.98%	-14.37%	10.19%	54.07%	58.50%	-66.16%
Property Expenses	886.94	927.67	1,033	943.13	690.22	560.09
Selling, General & Administrative	31.72	35.06	27.28	19.98	22.95	32.35
Depreciation & Amortization	144.51	152.78	187.81	201.8	218.85	252.77
Total Operating Expenses	1,063	1,116	1,249	1,165	932.03	845.2
Operating Income	55.49	54.59	117.82	75.15	-127.17	-337.41
Interest Expense	-305.4	-319.77	-366.15	-227	-160.12	-247.38
Interest & Investment Income	5.17	6.94	8.98	4.78	0.42	0.97
Other Non-Operating Income	-15.76	-6.4	-1.86	12.05	8.43	-13.48
EBT Excluding Unusual Items	-259.94	-264.64	-241.21	-135.02	-278.45	-597.31
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.8
Gain (Loss) on Sale of Assets	55.31	94.41	11.49	0.3	1.45	-36.68
Asset Writedown	-39.07	107.85	-	-	-	-91.72
Other Unusual Items	-4.37	-1.63	49.89	-	11.9	90.35
Pretax Income	-248.08	-64.01	-179.83	-134.72	-265.1	-634.56
Income Tax Expense	-1.62	1	0.9	6.34	5.95	-1.34
Earnings From Continuing Operations	-246.46	-65.01	-180.73	-141.06	-271.05	-633.22
Net Income to Company	-246.46	-65.01	-180.73	-141.06	-271.05	-633.22
Minority Interest in Earnings	11.74	4.71	2.25	1.23	4.04	89.35
Net Income	-234.73	-60.3	-178.49	-139.83	-267.01	-543.88
Preferred Dividends & Other Adjustments	26.76	22.22	15.2	13.38	0.51	-23.97
Net Income to Common	-261.49	-82.52	-193.69	-153.2	-267.52	-519.91
Basic Shares Outstanding	6	5	3	3	2	0
Diluted Shares Outstanding	6	5	3	3	2	0
Shares Change (YoY)	-61.38%	36.33%	0.52%	57.21%	1286.04%	57.92%
EPS (Basic)	-45.30	-17.54	-56.11	-44.61	-123.71	-3298.92
EPS (Diluted)	-48.13	-17.54	-56.11	-44.61	-124.28	-3299.70
Operating Margin	4.96%	4.67%	8.62%	6.06%	-15.80%	-66.45%
Profit Margin	-23.38%	-7.05%	-14.17%	-12.35%	-33.24%	-102.39%
EBITDA	198.5	207.24	305.61	277.13	91.89	-84.61
EBITDA Margin	17.75%	17.71%	22.37%	22.35%	11.42%	-16.66%
D&A For Ebitda	143.02	152.65	187.79	201.98	219.06	252.8
EBIT	55.49	54.59	117.82	75.15	-127.17	-337.41
EBIT Margin	4.96%	4.67%	8.62%	6.06%	-15.80%	-66.45%
Funds From Operations (FFO)	-131.24	-131.24	-19.15	47.09	-53.57	-228.53
FFO Per Share	-	-27.52	-5.22	-	-	-
Adjusted Funds From Operations (AFFO)	-	-23.06	26.42	67.31	-28.91	-316.65
AFFO Per Share	-	-4.84	7.20	-	-	-
Revenue as Reported	1,121	1,172	1,368	1,241	805.41	508.24

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q