Ashford Hospitality Trust (AHT) Gross Margin (2010 - 2026)
Ashford Hospitality Trust's Gross Margin came in at 35.42% for Q2 2026, up 1.26 percentage points from 34.16% a year earlier and up 3.07 percentage points from the prior quarter.
Ashford Hospitality Trust (AHT) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ashford Hospitality Trust reported Gross Margin of 30.72%, up 0.04 percentage points year-over-year; for FY2025, it came in at 30.43%, down 0.02 percentage points from FY2024.
- Gross Margin has declined in each of the last three years, though with a five-year change of +15.96 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 30.46% in FY2024 (-1.87 pp), 32.33% in FY2023 (-0.30 pp), 32.63% in FY2022 (+4.24 pp) and 28.38% in FY2021 (+13.91 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q2 2023.
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of -0.45 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2021 (a gain of 20.49 percentage points), and the weakest in Q3 2024 (a drop of 2.62 percentage points).
- Business Quant data shows AHT's Gross Margin at 32.35% (Q1 2026), 27.52% (Q4 2025) and 27.36% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 176.94 Bn | 162.96 Bn | 1.47 Bn | 39.55% |
| 2 | Prologis | 122.03 Bn | 115.99 Bn | - | - |
| 3 | Simon Property | 74.72 Bn | 70.78 Bn | - | - |
| 4 | Public Storage | 61.00 Bn | 59.72 Bn | - | - |
| 5 | Realty Income | 55.78 Bn | 54.05 Bn | - | - |
| 6 | Ventas | 45.39 Bn | 44.06 Bn | - | - |
| 7 | Extra Space Storage | 33.09 Bn | 32.00 Bn | 650.96 Mn | 73.16% |
| 8 | Vici Properties | 27.35 Bn | 25.70 Bn | 1.06 Bn | 99.36% |
| 9 | Vivmark Residential | 24.46 Bn | 24.24 Bn | - | - |
| 10 | Ashford Hospitality Trust | 15.48 Mn | -262.32 Mn | 96.79 Mn | 35.42% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.42% |
| Dec 31, 2025 | 27.52% |
| Sep 30, 2025 | 27.36% |
| Jun 30, 2025 | 34.16% |
| Mar 31, 2025 | 32.05% |
| Dec 31, 2024 | 26.60% |
| Sep 30, 2024 | 29.56% |
| Jun 30, 2024 | 34.45% |
| Mar 31, 2024 | 30.61% |
| Dec 31, 2023 | 29.03% |
| Sep 30, 2023 | 32.18% |
| Jun 30, 2023 | 35.95% |
| Mar 31, 2023 | 31.55% |
| Dec 31, 2022 | 30.13% |
| Sep 30, 2022 | 34.10% |
| Jun 30, 2022 | 36.47% |
| Mar 31, 2022 | 28.47% |
| Dec 31, 2021 | 28.24% |
| Sep 30, 2021 | 30.35% |
| Jun 30, 2021 | 30.49% |
Ashford Hospitality Trust Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AHT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AHT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();