Ashford Hospitality Trust (AHT) Operating Margin (2010 - 2025)
Ashford Hospitality Trust's (AHT) quarterly Operating Margin came in at 2.56% in Q4 2025, up 1521.0% year-on-year from 0.16% in Q4 2024, and down 155.77% quarter-over-quarter from 4.59% in Q3 2025.
Ashford Hospitality Trust (AHT) Operating Margin (2010 - 2025) Analysis & Trends
Ashford Hospitality Trust's Operating Margin history runs 16 years deep, the most recent figure standing at 2.56% for Q4 2025.
- On a quarterly basis, Operating Margin rose 1521.0% year-over-year to 2.56% in Q4 2025; TTM through Dec 2025 was 10.54%, a 1157.0% decrease from a year earlier, with the FY2025 full-year figure at 10.54%, down 1157.0% from the prior year.
- Operating Margin fell to 2.56% in Q4 2025 per AHT's latest filing, from 4.59% in the prior quarter.
- Across five years, Operating Margin topped out at 50.18% in Q1 2024 and bottomed at 60.47% in Q1 2021.
- The 5-year median for Operating Margin is 6.21% (2023), against an average of 4.74%.
- Biggest YoY gain for Operating Margin was 33393 bps in 2021; the steepest drop was 4293 bps in 2021.
- Year by year, Operating Margin stood at 5.86% in 2021, then jumped by 183 bps to 4.86% in 2022, then increased by 7 bps to 5.21% in 2023, then slumped by 441 bps to 17.77% in 2024, then jumped by 86 bps to 2.56% in 2025.
- Per Business Quant, the three latest AHT Operating Margin figures stand at 2.56% (Q4 2025), 4.59% (Q3 2025), and 16.32% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 20.73% |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 14.22% |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 9.97% |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | -5.31% |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 27.65% |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 2.33% |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 14.09% |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | - |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | -129.79% |
| 10 | Ashford Hospitality Trust | 2.68 Mn | -47.95 Mn | 71.28 Mn | -2.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.56% |
| Sep 30, 2025 | 4.59% |
| Jun 30, 2025 | 16.32% |
| Mar 31, 2025 | 22.19% |
| Dec 31, 2024 | -17.77% |
| Sep 30, 2024 | 7.29% |
| Jun 30, 2024 | 42.82% |
| Mar 31, 2024 | 50.18% |
| Dec 31, 2023 | 5.21% |
| Sep 30, 2023 | 10.85% |
| Jun 30, 2023 | 14.06% |
| Mar 31, 2023 | 7.22% |
| Dec 31, 2022 | 4.86% |
| Sep 30, 2022 | 10.14% |
| Jun 30, 2022 | 12.11% |
| Mar 31, 2022 | -5.91% |
| Dec 31, 2021 | -5.86% |
| Sep 30, 2021 | -1.98% |
| Jun 30, 2021 | -18.43% |
| Mar 31, 2021 | -60.47% |