Ashford Hospitality Trust (AHT) Gross Margin (2010 - 2025)

Ashford Hospitality Trust's Gross Margin history runs 16 years deep, the most recent figure standing at 27.52% for Q4 2025.

• On a quarterly basis, Gross Margin rose 92.0% year-over-year to 27.52% in Q4 2025; TTM through Dec 2025 was 30.43%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 30.43%, down 2.0% from the prior year.
• Gross Margin climbed to 27.52% in Q4 2025 per AHT's latest filing, from 27.36% in the prior quarter.
• Across five years, Gross Margin topped out at 36.47% in Q2 2022 and bottomed at 20.96% in Q1 2021.
• The 5-year median for Gross Margin is 30.42% (2021), against an average of 30.51%.
• Biggest YoY gain for Gross Margin was 8504 bps in 2021; the steepest drop was 748 bps in 2021.
• Year by year, Gross Margin stood at 28.24% in 2021, then advanced by 7 bps to 30.13% in 2022, then declined by 4 bps to 29.03% in 2023, then dropped by 8 bps to 26.6% in 2024, then advanced by 3 bps to 27.52% in 2025.
• Per Business Quant, the three latest AHT Gross Margin figures stand at 27.52% (Q4 2025), 27.36% (Q3 2025), and 34.16% (Q2 2025).