Ashford Hospitality Trust (AHT-PH) Free Cash Flow (2010 - 2025)

Ashford Hospitality Trust (AHT-PH) recorded quarterly Free Cash Flow of -$17.5 million in Q4 2025, down 191.61% quarter-over-quarter from $19.1 million in Q3 2025, and down 120.27% on a YoY basis from $86.3 million in Q4 2024.

Ashford Hospitality Trust (AHT-PH) Free Cash Flow (2010 - 2025) Analysis & Trends

Ashford Hospitality Trust's Free Cash Flow history runs 16 years deep, the most recent figure standing at -$17.5 million for Q4 2025.

  • In Q4 2025, Free Cash Flow fell 120.27% year-over-year to -$17.5 million; the TTM figure through Dec 2025 stood at -$46.8 million (down 20.54% YoY), while the FY2025 annual figure was -$46.8 million, down 20.54% from the prior year.
  • Free Cash Flow was -$17.5 million for Q4 2025 at Ashford Hospitality Trust, down from $19.1 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $86.3 million in Q4 2024 to a low of -$98.3 million in Q1 2021.
  • Historically, Free Cash Flow has averaged -$16.9 million across 5 years, with a median of -$22.0 million in 2022.
  • The sharpest annual moves came in 2021 and 2022: Free Cash Flow plunged 1057.21% in 2021, then surged 245.7% in 2022.
  • A 5-year view of Free Cash Flow shows it stood at -$37.4 million in 2021, then soared by 245.7% to $54.4 million in 2022, then slumped by 209.51% to -$59.6 million in 2023, then soared by 244.81% to $86.3 million in 2024, then tumbled by 120.27% to -$17.5 million in 2025.
  • The last three Free Cash Flow figures came in at -$17.5 million (Q4 2025), $19.1 million (Q3 2025), and -$3.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Ryman Hospitality Properties 7.50 Bn 7.12 Bn 290.28 Mn 55.58 Mn
2 Apple Hospitality REIT 3.69 Bn 3.68 Bn 130.80 Mn 13.08 Mn
3 Park Hotels & Resorts 2.80 Bn 2.58 Bn 525.00 Mn -24.00 Mn
4 DiamondRock Hospitality 2.37 Bn 2.34 Bn 248.91 Mn 1.13 Mn
5 Sunstone Hotel Investors 2.16 Bn 2.00 Bn 226.95 Mn 14.43 Mn
6 Pebblebrook Hotel Trust 1.91 Bn 1.81 Bn 113.57 Mn 72.11 Mn
7 Xenia Hotels & Resorts 1.70 Bn 1.65 Bn 99.84 Mn 29.80 Mn
8 RLJ Lodging Trust 1.58 Bn 1.24 Bn - -2.14 Mn
9 Summit Hotel Properties 606.83 Mn 612.28 Mn 148.71 Mn 16.16 Mn
10 Ashford Hospitality Trust - - 71.28 Mn -17.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -17.50 Mn
Dec 31, 2025 -17.50 Mn
Sep 30, 2025 19.10 Mn
Sep 30, 2025 19.10 Mn
Jun 30, 2025 -3.57 Mn
Jun 30, 2025 -3.57 Mn
Mar 31, 2025 -44.84 Mn
Mar 31, 2025 -44.84 Mn
Dec 31, 2024 86.32 Mn
Dec 31, 2024 86.32 Mn
Sep 30, 2024 -71.66 Mn
Sep 30, 2024 -71.66 Mn
Jun 30, 2024 26.89 Mn
Jun 30, 2024 26.89 Mn
Mar 31, 2024 -80.38 Mn
Mar 31, 2024 -80.38 Mn
Dec 31, 2023 -59.61 Mn
Dec 31, 2023 -59.61 Mn
Sep 30, 2023 -30.72 Mn
Sep 30, 2023 -30.72 Mn