Ashford Hospitality Trust, Inc. (AHT)

Ashford Hospitality Trust Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,368	1,241	805.41	508.24	1,503
Revenue Growth (YoY)	10.21%	54.07%	58.47%	-66.18%	5.03%
Cost of Revenue	995.66	903.33	644.71	514.34	1,037
Gross Profit	371.87	337.53	160.7	-6.1	465.97
Selling, General & Admin	65.11	59.78	68.47	78.1	74.74
Other Operating Expenses	176.32	201.5	217.4	381.17	276.51
Operating Expenses	241.43	261.27	285.87	459.26	351.24
Operating Income	130.44	76.26	-125.17	-465.37	114.73
Interest Expense / Income	366.15	227	156.12	247.38	262
Other Expense / Income	-58.12	-17.25	-20.23	-167.54	-34.86
Pretax Income	-177.59	-133.49	-261.06	-545.21	-112.42
Income Tax	0.9	6.34	5.95	-1.34	1.22
Net Income	-178.49	-139.83	-267.01	-543.88	-113.64
Preferred Dividends	15.2	13.38	0.86	-23.36	42.58
Net Income Common	-193.69	-153.2	-267.86	-520.52	-156.21
Shares Outstanding (Basic)	35	34	22	2	1
Shares Outstanding (Diluted)	35	34	22	2	1
Shares Change	0.54%	57.20%	1286.04%	57.92%	2.59%
EPS (Basic)	-5.61	-4.46	-12.37	-329.97	-157.74
EPS (Diluted)	-5.61	-4.46	-12.43	-329.97	-157.74
Free Cash Flow	-93.82	-29.54	-171.92	-158.09	-91.89
Free Cash Flow Per Share	-2.72	-0.86	-7.95	-100.31	-92.07
Dividend Per Share	-	-	-	-	30.000
Dividend Growth	-	-	-	-	-37.50%
Gross Margin	27.19%	27.20%	19.95%	-1.20%	31.01%
Operating Margin	9.54%	6.15%	-15.54%	-91.56%	7.63%
Profit Margin	-14.16%	-12.35%	-33.26%	-102.42%	-10.40%
Free Cash Flow Margin	-6.86%	-2.38%	-21.35%	-31.10%	-6.11%
EBITDA	376.27	295.4	114.04	-45.37	418.33
EBITDA Margin	27.51%	23.81%	14.16%	-8.93%	27.84%
Depreciation & Amortization	187.71	201.9	218.98	252.46	268.75
EBIT	188.56	93.51	-104.94	-297.83	149.58
EBIT Margin	13.79%	7.54%	-13.03%	-58.60%	9.95%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).