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Ashford Hospitality Trust, Inc. (AHT)
NYSE: AHT · Real-Time Price · USD
2.390
-0.060 (-2.45%)
At close: Nov 13, 2026, 4:00 PM EST
2.420
+0.030 (1.26%)
After-hours: Nov 13, 2026, 7:30 PM EST

Ashford Hospitality Trust Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-179.84-60.3-178.49-139.83-267.01
Depreciation & Amortization
140.18152.65187.79201.98219.06
Other Amortization
22.9619.4228.2610.08-1.34
Gain (Loss) on Sale of Assets
-79.8-94.41-11.49-0.3-1.45
Asset Writedown
67.6559.33---
Stock-Based Compensation
-0.762.14.03610.03
Income (Loss) on Equity Investments
0.332.371.130.80.56
Change in Accounts Receivable
0.541.64-7.33-16.21-21.37
Change in Accounts Payable
3.19.314.36-4.66-28.93
Change in Other Net Operating Assets
52.5551.8537.71-4.57-24.31
Other Operating Activities
-44.67-169.8-55.18-17.41-31.55
Operating Cash Flow
-15.67-23.5914.3939.22-144.19
Operating Cash Flow Growth
---63.31%--

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-71.15-108.01-137.43-103.75-36.74
Sale of Real Estate Assets
242.44300.0229.2134.999.01
Net Sale / Acq. of Real Estate Assets
171.29192.01-108.21-68.76-27.73
Cash Acquisition
---1.93-
Investment in Marketable & Equity Securities
----9.13-9
Other Investing Activities
19.47-0.5319.065.632.78
Investing Cash Flow
190.76191.28-89.75-70.33-34.04

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
560.4163.79134.81.55377.5
Long-Term Debt Repaid
-709.63-388.82-397.2-50.9-189.59
Net Debt Issued (Repaid)
-149.22-325.02-262.39-49.35187.91
Issuance of Common Stock
0.068.911.03-562.83
Repurchase of Common Stock
-0.73-0.05-0.09-0.32-0.05
Preferred Stock Issued
39.7184.8479.561.12-
Preferred Share Repurchases
---0.08--
Common & Preferred Dividends Paid
-23.96-20.37-14.94-12.42-18.62
Total Dividends Paid
-23.96-20.37-14.94-12.42-18.62
Other Financing Activities
-45.02-7.0724.78-40.55-29.51

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-4.08-91.06-247.49-132.62524.33

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
31.61-265.5114771.58-78.89
Unlevered Free Cash Flow
193.19-85.07347.64203.3822.52

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
224.3268.78325.42218.02219.62
Cash Income Tax Paid
-1.95-0.29-2.6411.73.53
Change in Working Capital
56.1962.7934.74-25.43-74.6
SEC Filings: 10-K · 10-Q