Ashford Hospitality Trust (AHT) Operating Leases (2015 - 2025)

Ashford Hospitality Trust's (AHT) quarterly Operating Leases came in at $61.6 million in Q4 2025, down 1.25% year-on-year from $62.4 million in Q4 2024, and up 39.71% quarter-over-quarter from $44.1 million in Q3 2025.

Ashford Hospitality Trust (AHT) Operating Leases (2015 - 2025) Analysis & Trends

Ashford Hospitality Trust's Operating Leases history runs 11 years deep, the most recent figure standing at $61.6 million for Q4 2025.

  • On a quarterly basis, Operating Leases fell 1.25% year-over-year to $61.6 million in Q4 2025; TTM through Dec 2025 was $61.6 million, a 1.25% decrease from a year earlier, with the FY2025 full-year figure at $61.6 million, down 1.25% from the prior year.
  • Operating Leases rose to $61.6 million in Q4 2025 per AHT's latest filing, from $44.1 million in the prior quarter.
  • Across five years, Operating Leases topped out at $63.2 million in Q4 2023 and bottomed at $44.1 million in Q3 2025.
  • The 5-year median for Operating Leases is $44.9 million (2021), against an average of $47.4 million.
  • Across the five-year window, Operating Leases soared 41.59% in 2023 and dropped 1.38% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $45.1 million in 2021, then declined by 0.99% to $44.7 million in 2022, then soared by 41.59% to $63.2 million in 2023, then decreased by 1.38% to $62.4 million in 2024, then dropped by 1.25% to $61.6 million in 2025.
  • Per Business Quant, the three latest AHT Operating Leases figures stand at $61.6 million (Q4 2025), $44.1 million (Q3 2025), and $44.2 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn -
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn
10 Ashford Hospitality Trust 2.68 Mn -47.95 Mn 71.28 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 61.58 Mn
Sep 30, 2025 44.08 Mn
Jun 30, 2025 44.16 Mn
Mar 31, 2025 44.26 Mn
Dec 31, 2024 62.36 Mn
Sep 30, 2024 44.46 Mn
Jun 30, 2024 44.56 Mn
Mar 31, 2024 44.66 Mn
Dec 31, 2023 63.23 Mn
Sep 30, 2023 44.89 Mn
Jun 30, 2023 44.99 Mn
Mar 31, 2023 45.11 Mn
Dec 31, 2022 44.66 Mn
Sep 30, 2022 44.78 Mn
Jun 30, 2022 44.87 Mn
Mar 31, 2022 44.99 Mn
Dec 31, 2021 45.11 Mn
Sep 30, 2021 44.95 Mn
Jun 30, 2021 45.07 Mn
Mar 31, 2021 45.18 Mn