Ashford Hospitality Trust, Inc. (AHT)

Ashford Hospitality Trust Cash Flow 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-232.48	-60.3	-178.49	-139.83	-267.01	-543.88
Depreciation & Amortization	147.54	152.65	187.79	201.98	219.06	252.8
Other Amortization	27.1	19.42	28.26	10.08	-1.34	10.23
Gain (Loss) on Sale of Assets	-38.56	-94.41	-11.49	-0.3	-1.45	36.68
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.8
Asset Writedown	60.78	59.33	-	-	-	91.72
Stock-Based Compensation	0.98	2.1	4.03	6	10.03	10.75
Income (Loss) on Equity Investments	2.06	2.37	1.13	0.8	0.56	0.45
Change in Accounts Receivable	8.66	1.64	-7.33	-16.21	-21.37	15.74
Change in Accounts Payable	15.34	9.31	4.36	-4.66	-28.93	143.24
Change in Other Net Operating Assets	52.81	51.85	37.71	-4.57	-24.31	-2.53
Other Operating Activities	-40	-169.8	-55.18	-17.41	-31.55	-165.74
Operating Cash Flow	6.25	-23.59	14.39	39.22	-144.19	-149.53
Operating Cash Flow Growth	-	-	-63.31%	-	-	-
Acquisition of Real Estate Assets	-82.96	-108.01	-137.43	-103.75	-36.74	-46.21
Sale of Real Estate Assets	126.4	300.02	29.21	34.99	9.01	38.76
Net Sale / Acq. of Real Estate Assets	43.44	192.01	-108.21	-68.76	-27.73	-7.44
Cash Acquisition	-	-	-	1.93	-	-1.11
Investment in Marketable & Equity Securities	-	-	-	-9.13	-9	-0.43
Other Investing Activities	20.53	-0.53	19.06	5.63	2.78	1.38
Investing Cash Flow	63.77	191.28	-89.75	-70.33	-34.04	-7.6
Long-Term Debt Issued	-	63.79	134.8	1.55	377.5	88
Long-Term Debt Repaid	-	-388.82	-397.2	-50.9	-189.59	-137.85
Net Debt Issued (Repaid)	-72.36	-325.02	-262.39	-49.35	187.91	-49.85
Issuance of Common Stock	1.18	8.91	1.03	-	562.83	31.87
Repurchase of Common Stock	-0	-0.05	-0.09	-0.32	-0.05	-0.4
Preferred Stock Issued	70.65	84.84	79.56	1.12	-	-
Preferred Share Repurchases	-	-	-0.08	-	-	-
Common & Preferred Dividends Paid	-22.51	-20.37	-14.94	-12.42	-18.62	-28.62
Total Dividends Paid	-22.51	-20.37	-14.94	-12.42	-18.62	-28.62
Other Financing Activities	-37.39	-7.07	24.78	-40.55	-29.51	-26.77
Net Cash Flow	9.58	-91.06	-247.49	-132.62	524.33	-230.89
Cash Interest Paid	237.53	268.78	325.42	218.02	219.62	91.37
Cash Income Tax Paid	-	-0.29	-2.64	11.7	3.53	1.02
Levered Free Cash Flow	67.5	-250.08	147	71.58	-78.89	47.28
Unlevered Free Cash Flow	235.2	-69.65	347.64	203.38	22.52	191.66
Change in Working Capital	76.81	62.79	34.74	-25.43	-74.6	156.45

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

SEC Filings: 10-K · 10-Q