Valuation
Is the price right?Insufficient data
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Bringing the fundamentals into focus…
AHT-PD Real EstateBeta data
Ashford Hospitality Trust, Inc.
$4.39-2.88%
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Basics
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Country
- United States
- Enterprise value
- 2.4B USD
Growth
Is it growing?20/100
Weak
2/3 inputs reported · Partial data
Since last quarter: ▼ Weaker
- 12-month revenue fell 2.6%
Why
Compare with peers Weaker than most peers on:
- ▼ 3-yr revenue
- ▼ Revenue growth
Behind the score
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growthUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.1117 · MAD: 0.31013-year revenue growth-7.6%
SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -1.53Sector median: 0.0378 · MAD: 0.0744Revenue growth-5.8%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.94Sector median: 0.0297 · MAD: 0.0927Profitability
Does it earn well?53/100
Moderate▲ 1 since Oct 27 close
3/3 inputs reported · High confidence
Since last quarter: ▲ Stronger
- Operating margin rose 14.0 points to 20.2%
Why it changed since the Oct 27, 2026 close: Score 52 → 53
- Peer companies moved+1
Why
Compare with peers Mixed versus peers:
- ▲ ROIC
- ▼ ROA
Behind the score
Return on invested capital, operating margin, and return on assets.
Operating margin20.2%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.29Sector median: 0.2683 · MAD: 0.2257Return on assets-2.8%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -3.65Sector median: 0.0211 · MAD: 0.0134Return on invested capital13.5%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 5.10Sector median: 0.0341 · MAD: 0.0197Other data (not scored)
Gross margin20.9%
Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.5380 · MAD: 0.2259Return on equityUnavailable
Missing · left out of the scoreInformational · 0% composite weightSector median: 0.0521 · MAD: 0.0465Risk
Debt, liquidity, price swingsHigher
Higher relative risk
3/3 inputs reported · High confidence
Since last quarter: No major change
Why
Compare with peers Weaker than most peers on:
- ▼ Beta
- ▼ Debt / equity
- ▼ Current ratio
Behind the score
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Beta1.75
Yahoo Finance · 5-year monthly beta vs the marketOutlier capped at sector 5th/95th percentile33% base weight · Z-score -2.65Sector median: 0.7490 · MAD: 0.3270Current ratio0.39×
Yahoo FinanceReported value33% base weight · Z-score -1.12Sector median: 1.1950 · MAD: 0.7210Debt / equityUnavailable
Shareholders' equity is negative, so debt/equity counts as among the highest in its peer group33% base weight · Z-score -10.12Sector median: 0.8040 · MAD: 0.3893Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Ashford Hospitality Trust
- Is Ashford Hospitality Trust getting weaker?
- Its latest SEC filing (Aug 12, 2026) was mixed: some things better, some worse: operating margin rose 14.0 points to 20.2%; 12-month revenue fell 2.6%. Its overall score is 25/100, up 1 since Oct 28, 2026.
- How is Ashford Hospitality Trust valued vs its peers?
- Insufficient data: 1 of 3 inputs reported (at least 2 needed).
- Is Ashford Hospitality Trust growing?
- More slowly than most of its peers. Growth scores 20/100 against 762 real estate peers. 3-year revenue growth -7.6% vs a peer median of 3.8% (weaker than 80% of peers).3-year revenue growth -7.6% vs peers 3.8% (weaker than 80% of peers).
- How profitable is Ashford Hospitality Trust?
- About as profitable as its peers. Profitability scores 53/100 against 762 real estate peers. Return on invested capital 13.5% vs a peer median of 3.4% (stronger than 93% of peers).Return on invested capital 13.5% vs peers 3.4% (stronger than 93% of peers). Return on assets -2.8% vs a peer median of 2.1% (weaker than 94% of peers).Return on assets -2.8% vs peers 2.1% (weaker than 94% of peers).
- How risky is Ashford Hospitality Trust?
- Higher risk relative to 762 real estate peers, judged on debt, liquidity and share-price swings. Beta 1.75 vs a peer median of 0.75 (weaker than 100% of peers).Beta 1.75 vs peers 0.75 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 12, 2026 · compared with the quarter ended Mar 31, 2026Mixed: some things better, some worse
- Operating margin rose 14.0 points to 20.2%
- 12-month revenue fell 2.6%
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 1.1B USD | 1.1B USD | −2.6% |
| Net income (12 months) | −223.6M USD | −65.3M USD | −70.8% |
| Operating margin | 6.2% | 20.2% | +14.0 pts |
| Debt | 2.3B USD | 1.9B USD | −16.7% |
| Cash | 78.0M USD | 72.5M USD | −7.1% |
| Shares outstanding | 6.5M | 6.5M | −0.1% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Real Estate · 124 companiesValuations in Real Estate are within their usual range since 2016.
- 30% of months since 2016 were valued lower than now.
- 15% of companies are in the most expensive fifth of their own price-to-sales history.
- Over 24 months, company values +4% and earnings +25% (medians): earnings grew faster than prices.
- Median price-to-sales is +112% vs the whole market, against a usual +154%.
Shown for Real Estate: too few REIT - Hotel & Motel companies have a long enough history of their own.
Financials
Fiscal years from SEC annual filings · change vs the prior year| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Operating margin | -15.5% | 6.1% | 9.5% | 22.1% | 10.5% | ▼ 12 pts |
| Net margin | -33.2% | -11.3% | -13.1% | -5.1% | -16.3% | ▼ 11 pts |
| Return on assets (ROA) | -6.5% | -3.6% | -5.2% | -1.9% | -6.3% | ▼ 4.4 pts |
| Free cash flow margin | -22.5% | -5.2% | -9.0% | -11.2% | -7.9% | ▲ 3.4 pts |
| Interest coverage | -0.80× | 0.37× | 0.40× | 0.95× | 0.45× | ▼ 52% |
AHT-PD price history
Price history is added with the daily price update and will appear after the next one.