Ashford Hospitality Trust (AHT) Gross Margin (2010 - 2025)
Ashford Hospitality Trust (AHT) recorded quarterly Gross Margin of 27.52% in Q4 2025, up 0.6% quarter-over-quarter from 27.36% in Q3 2025, and up 92.0% on a YoY basis from 14.33% in Q4 2024.
Ashford Hospitality Trust (AHT) Gross Margin (2010 - 2025) Analysis & Trends
Ashford Hospitality Trust's Gross Margin history runs 16 years deep, the most recent figure standing at 27.52% for Q4 2025.
- In Q4 2025, Gross Margin rose 92.0% year-over-year to 27.52%; the TTM figure through Dec 2025 stood at 30.43% (down 2.0% YoY), while the FY2025 annual figure was 30.43%, down 2.0% from the prior year.
- Gross Margin was 27.52% for Q4 2025 at Ashford Hospitality Trust, up from 27.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 36.47% in Q2 2022 to a low of 20.96% in Q1 2021.
- Historically, Gross Margin has averaged 30.51% across 5 years, with a median of 30.42% in 2021.
- Biggest YoY gain for Gross Margin was 8504 bps in 2021; the steepest drop was 748 bps in 2021.
- A 5-year view of Gross Margin shows it 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.
- The last three Gross Margin figures came in at 27.52% (Q4 2025), 27.36% (Q3 2025), and 34.16% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 43.68% |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 38.73% |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | 84.41% |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 96.42% |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 87.39% |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | 32.86% |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | 33.80% |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | - |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 80.36% |
| 10 | Ashford Hospitality Trust | 17.98 Mn | -33.06 Mn | 71.28 Mn | 27.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 20.96% |