| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | 0.15 |
—
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | 3.00 |
—
—
—
—
|
| 2018 | 4.80 |
—
—
—
—
|
| 2017 | 4.80 |
—
—
—
—
|
| 2016 | 4.80 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 311.31 | 212.60 | 215.73 | 209.50 |
| Receivables | 67.19 | 56.79 | 58.42 | 38.88 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 385.86 | 279.95 | 286.33 | 261.26 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 129.32 | 137.51 | 123.77 | 114.37 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 159.90 | 203.70 | 224.35 | 239.92 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 267.73 | 273.24 | — | — |
—
|
| ’25 | 277.36 | 302.00 | 266.06 | 258.97 |
1,104.39
|
| ’24 | 303.90 | 316.48 | 276.60 | 275.48 |
1,172.46
|
| ’23 | 328.89 | 375.75 | 343.01 | 319.88 |
1,367.53
|
| ’22 | 247.14 | 348.10 | 328.16 | 317.47 |
1,240.86
|
| ’21 | 115.83 | 193.41 | 247.43 | 248.74 |
805.41
|
| ’20 | 281.88 | 43.07 | 93.04 | 90.25 |
508.24
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 29.52 | (7.40) | — | — |
—
|
| ’25 | (24.99) | 16.34 | 5.49 | (12.51) |
(15.67)
|
| ’24 | (46.45) | 7.97 | 0.80 | 14.10 |
(23.59)
|
| ’23 | 4.62 | 30.67 | 0.76 | (21.66) |
14.39
|
| ’22 | (14.45) | 50.13 | 3.84 | (0.29) |
39.22
|
| ’21 | (91.93) | (22.68) | 1.08 | (30.66) |
(144.19)
|
| ’20 | 11.87 | (76.62) | (34.13) | (50.65) |
(149.53)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 221.71 | 355.54 | — | — |
—
|
| ’25 | 74.36 | 3.63 | 32.55 | 45.08 |
155.62
|
| ’24 | (61.37) | 258.09 | (21.85) | (6.45) |
168.42
|
| ’23 | (24.67) | 10.16 | (34.47) | (44.84) |
(93.82)
|
| ’22 | (36.76) | 30.43 | 12.50 | (35.70) |
(29.54)
|
| ’21 | (93.71) | (27.14) | (4.15) | (46.91) |
(171.92)
|
| ’20 | (3.84) | (86.04) | (11.85) | (55.25) |
(156.97)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (11.03) | 1.62 | — | — |
—
|
| ’25 | (4.91) | (6.88) | (11.35) | (12.33) |
(35.99)
|
| ’24 | 6.00 | 2.50 | (12.39) | (23.83) |
(17.54)
|
| ’23 | (18.80) | (8.80) | (19.90) | (9.00) |
(56.10)
|
| ’22 | (17.10) | (2.70) | (7.30) | (17.50) |
(44.60)
|
| ’21 | (110.00) | (43.50) | (17.00) | (17.50) |
(124.30)
|
| ’20 | (940.00) | (2.08k) | (926.00) | (229.00) |
(3.30k)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 40.90 | 18.00 | 5.20 | 2.90 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 120.90 | 75.20 | 20.80 | 10.35 | — | — | — |
High Price
|
| — | ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 102 | 105 | 101 | 82 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.17 | 13.02 | 11.61 | 13.47 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,240.86 | 1,367.53 | 1,172.46 | 1,104.39 | ‡‡‡‡‡ | — | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 27.20% | 27.19% | 24.99% | 25.02% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (134.72) | (179.83) | (64.01) | (188.30) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (10.86%) | (13.15%) | (5.46%) | (17.05%) | ‡‡‡ | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (141.06) | (180.73) | (65.01) | (188.16) | ‡‡‡‡‡ | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 211.47 | 215.13 | 171.77 | 162.67 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 361.35 | 396.16 | 249.14 | 184.87 | ‡‡‡‡‡ | — | — |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (44.60) | (56.10) | (17.54) | (35.99) | ‡‡‡‡‡ | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.42 | 4.17 | (5.01) | (2.62) | ‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (20.02) | (31.35) | 40.80 | 28.67 | ‡‡‡ | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.60) | (27.18) | 35.79 | 26.05 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (43.79) | (95.90) | (86.24) | (102.25) | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.43 | 3.45 | 4.71 | 5.97 | ‡‡‡‡‡ | — | — |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | ‡‡‡‡‡ | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.12 | 0.05 | 0.03 | 0.02 | ‡‡‡ | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | ‡‡‡ | — | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.43 | 2.45 | 2.53 | 2.53 | ‡‡‡‡ | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (228.07) | (35.71) | 17.61 | 17.94 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 39.22 | 14.39 | (23.59) | (15.67) | ‡‡‡ | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (68.76) | (108.21) | 192.01 | 171.29 | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (29.54) | (93.82) | 168.42 | 155.62 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 505.10 | 225.97 | 76.25 | 61.98 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,147.39 | 3,414.54 | 2,961.92 | 2,816.94 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6,588.36 | 3,103.23 | 2,749.32 | 2,601.22 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (150.39) | (331.04) | (405.83) | (610.84) | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.82%) | (5.25%) | (2.49%) | (7.17%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.74% | 2.94% | 6.91% | 3.66% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 200.04% | 80.44% | 22.39% | 42.29% | — | — | — |
ROE
|
Ashford Hospitality Trust (AHT), a REIT specializing in upscale U.S. hotels, has endured a turbulent decade marked by COVID’s devastating 66% revenue plunge in 2020, followed by a partial rebound to near pre-pandemic levels by 2023—only to dip again in 2024 amid economic headwinds. Massive share dilution (shares outstanding up 4900% to 4.71 billion) has eroded per-share metrics, despite operational efficiencies like surging revenue per employee and gross margins recovering to 25%. Debt has been slashed 58% to $2.96 billion, flipping free cash flow positive in 2024 and yielding attractive valuations like a 0.03 PS ratio and 17.5x EV/FCF.
Profitability remains elusive, with cumulative losses over $1.5 billion since 2016, negative book value per share (-$86), and forecasts signaling deeper 2025-2026 shortfalls. Yet, improving ROIC at 6.9% and stabilizing cash flows hint at turnaround potential in a rebounding travel sector fueled by steady demand.
Analysts unanimously project a staggering 1375% stock upside, betting on deleveraging, margin expansion, and tailwinds like rate cuts—contrasting grim fundamentals and silent insiders. This high-risk, high-reward play echoes historical hospitality cycles, tempting risk-tolerant investors but demanding vigilance on FCF and occupancy for confirmation.
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