Ashford Hospitality Trust (AHT-PH) Cost of Revenue (2010 - 2025)
Ashford Hospitality Trust (AHT-PH) recorded quarterly Cost of Revenue of $187.7 million in Q4 2025, down 2.89% quarter-over-quarter from $193.3 million in Q3 2025, and down 7.17% on a YoY basis from $202.2 million in Q4 2024.
Ashford Hospitality Trust (AHT-PH) Cost of Revenue (2010 - 2025) Analysis & Trends
Ashford Hospitality Trust's Cost of Revenue history runs 16 years deep, the most recent figure standing at $187.7 million for Q4 2025.
- In Q4 2025, Cost of Revenue fell 7.17% year-over-year to $187.7 million; the TTM figure through Dec 2025 stood at $768.3 million (down 5.78% YoY), while the FY2025 annual figure was $768.3 million, down 5.78% from the prior year.
- Cost of Revenue was $187.7 million for Q4 2025 at Ashford Hospitality Trust, down from $193.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $240.7 million in Q2 2023 to a low of $91.5 million in Q1 2021.
- Historically, Cost of Revenue has averaged $196.1 million across 5 years, with a median of $200.5 million in 2024.
- Biggest YoY gain for Cost of Revenue was 114.38% in 2021; the steepest drop was 54.61% in 2021.
- A 5-year view of Cost of Revenue shows it stood at $178.5 million in 2021, then gained by 24.27% to $221.8 million in 2022, then rose by 2.35% to $227.0 million in 2023, then slipped by 10.94% to $202.2 million in 2024, then declined by 7.17% to $187.7 million in 2025.
- The last three Cost of Revenue figures came in at $187.7 million (Q4 2025), $193.3 million (Q3 2025), and $198.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 374.29 Mn |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 206.94 Mn |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | 97.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 9.26 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 32.76 Mn |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | 232.09 Mn |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | 195.57 Mn |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | - |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 36.35 Mn |
| 10 | Ashford Hospitality Trust | - | - | 71.28 Mn | 187.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 187.69 Mn |
| Dec 31, 2025 | 187.69 Mn |
| Sep 30, 2025 | 193.27 Mn |
| Sep 30, 2025 | 193.27 Mn |
| Jun 30, 2025 | 198.83 Mn |
| Jun 30, 2025 | 198.83 Mn |
| Mar 31, 2025 | 188.47 Mn |
| Mar 31, 2025 | 188.47 Mn |
| Dec 31, 2024 | 202.19 Mn |
| Dec 31, 2024 | 202.19 Mn |
| Sep 30, 2024 | 194.83 Mn |
| Sep 30, 2024 | 194.83 Mn |
| Jun 30, 2024 | 207.45 Mn |
| Jun 30, 2024 | 207.45 Mn |
| Mar 31, 2024 | 210.89 Mn |
| Mar 31, 2024 | 210.89 Mn |
| Dec 31, 2023 | 227.02 Mn |
| Dec 31, 2023 | 227.02 Mn |
| Sep 30, 2023 | 232.63 Mn |
| Sep 30, 2023 | 232.63 Mn |