Ashford Hospitality Trust EBITDA Margin Growth & History (AHT)
Ashford Hospitality Trust's ebitda margin was 23.34% for fiscal 2025.
View full Ashford Hospitality Trust company overviewAshford Hospitality Trust annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.34% | −11.80 pp |
| 2024 | 2024-12-31 | 35.14% | +11.87 pp |
| 2023 | 2023-12-31 | 23.27% | +0.86 pp |
| 2022 | 2022-12-31 | 22.41% | +10.78 pp |
| 2021 | 2021-12-31 | 11.63% | +53.46 pp |
| 2020 | 2020-12-31 | −41.83% | −67.37 pp |
| 2019 | 2019-12-31 | 25.54% | +1.15 pp |
| 2018 | 2018-12-31 | 24.38% | −3.11 pp |
| 2017 | 2017-12-31 | 27.50% | −1.40 pp |
| 2016 | 2016-12-31 | 28.90% | +2.84 pp |
| 2015 | 2015-12-31 | 26.05% | +2.45 pp |
| 2014 | 2014-12-31 | 23.60% | −2.46 pp |
| 2013 | 2013-12-31 | 26.06% | −1.19 pp |
| 2012 | 2012-12-31 | 27.25% | +0.73 pp |
| 2011 | 2011-12-31 | 26.53% | +0.93 pp |
| 2010 | 2010-12-31 | 25.60% | +16.61 pp |
| 2009 | 2009-12-31 | 8.99% | — |
Ashford Hospitality Trust quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 82.33% | +54.33 pp |
| Q1 2026 | 2026-03-31 | 16.90% | −18.75 pp |
| Q4 2025 | 2025-12-31 | 10.60% | +14.83 pp |
| Q3 2025 | 2025-09-30 | 17.59% | −3.34 pp |
| Q2 2025 | 2025-06-30 | 28.00% | −26.56 pp |
| Q1 2025 | 2025-03-31 | 35.65% | −27.87 pp |
| Q4 2024 | 2024-12-31 | −4.23% | −24.08 pp |
| Q3 2024 | 2024-09-30 | 20.94% | −3.31 pp |
| Q2 2024 | 2024-06-30 | 54.57% | +27.96 pp |
| Q1 2024 | 2024-03-31 | 63.52% | +41.75 pp |
| Q4 2023 | 2023-12-31 | 19.85% | −0.55 pp |
| Q3 2023 | 2023-09-30 | 24.25% | −0.96 pp |
| Q2 2023 | 2023-06-30 | 26.61% | −0.12 pp |
| Q1 2023 | 2023-03-31 | 21.77% | +6.59 pp |
| Q4 2022 | 2022-12-31 | 20.40% | +5.14 pp |
| Q3 2022 | 2022-09-30 | 25.21% | +5.74 pp |
| Q2 2022 | 2022-06-30 | 26.73% | +16.41 pp |
| Q1 2022 | 2022-03-31 | 15.18% | +25.90 pp |
| Q4 2021 | 2021-12-31 | 15.27% | +60.89 pp |
| Q3 2021 | 2021-09-30 | 19.47% | +128.68 pp |
| Q2 2021 | 2021-06-30 | 10.32% | +211.70 pp |
| Q1 2021 | 2021-03-31 | −10.72% | −16.72 pp |
| Q4 2020 | 2020-12-31 | −45.62% | −67.88 pp |
| Q3 2020 | 2020-09-30 | −109.21% | −135.23 pp |
| Q2 2020 | 2020-06-30 | −201.38% | −229.39 pp |
| Q1 2020 | 2020-03-31 | 6.00% | −19.41 pp |
| Q4 2019 | 2019-12-31 | 22.26% | +4.70 pp |
| Q3 2019 | 2019-09-30 | 26.01% | −0.47 pp |
| Q2 2019 | 2019-06-30 | 28.01% | +0.26 pp |
| Q1 2019 | 2019-03-31 | 25.41% | +0.19 pp |
| Q4 2018 | 2018-12-31 | 17.56% | −5.86 pp |
| Q3 2018 | 2018-09-30 | 26.48% | +1.07 pp |
| Q2 2018 | 2018-06-30 | 27.76% | −6.32 pp |
| Q1 2018 | 2018-03-31 | 25.22% | −1.04 pp |
| Q4 2017 | 2017-12-31 | 23.42% | −4.91 pp |
| Q3 2017 | 2017-09-30 | 25.41% | −1.82 pp |
| Q2 2017 | 2017-06-30 | 34.08% | +2.53 pp |
| Q1 2017 | 2017-03-31 | 26.26% | −1.90 pp |
| Q4 2016 | 2016-12-31 | 28.33% | +2.57 pp |
| Q3 2016 | 2016-09-30 | 27.22% | −0.11 pp |
| Q2 2016 | 2016-06-30 | 31.55% | +7.77 pp |
| Q1 2016 | 2016-03-31 | 28.16% | +0.20 pp |
| Q4 2015 | 2015-12-31 | 25.76% | +2.97 pp |
| Q3 2015 | 2015-09-30 | 27.33% | +3.70 pp |
| Q2 2015 | 2015-06-30 | 23.78% | +2.64 pp |
| Q1 2015 | 2015-03-31 | 27.96% | +0.96 pp |
| Q4 2014 | 2014-12-31 | 22.80% | −2.18 pp |
| Q3 2014 | 2014-09-30 | 23.63% | −1.57 pp |
| Q2 2014 | 2014-06-30 | 21.14% | −7.64 pp |
| Q1 2014 | 2014-03-31 | 27.00% | +2.07 pp |
| Q4 2013 | 2013-12-31 | 24.97% | −0.66 pp |
| Q3 2013 | 2013-09-30 | 25.20% | −3.24 pp |
| Q2 2013 | 2013-06-30 | 28.77% | +0.12 pp |
| Q1 2013 | 2013-03-31 | 24.93% | −0.96 pp |
| Q4 2012 | 2012-12-31 | 25.63% | +1.09 pp |
| Q3 2012 | 2012-09-30 | 28.45% | +3.03 pp |
| Q2 2012 | 2012-06-30 | 28.65% | −1.20 pp |
| Q1 2012 | 2012-03-31 | 25.89% | +1.85 pp |
| Q4 2011 | 2011-12-31 | 24.55% | — |
| Q3 2011 | 2011-09-30 | 25.42% | +2.41 pp |
| Q2 2011 | 2011-06-30 | 29.86% | +3.47 pp |
| Q1 2011 | 2011-03-31 | 24.04% | — |
| Q3 2010 | 2010-09-30 | 23.01% | — |
| Q2 2010 | 2010-06-30 | 26.39% | — |
Ashford Hospitality Trust ebitda margin trends
Over the last five fiscal years, Ashford Hospitality Trust's ebitda margin increased from −41.83% to 23.34%, a change of +65.17 percentage points. The latest reported quarter, Q2 2026, shows 82.33%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ashford Hospitality Trust source filings ↗Community posts
Ashford Hospitality gains $17 million fee waiver and adviser share-purchase commitment
Ashford Hospitality Trust ($AHT)’s adviser, Ashford Inc., irrevocably waived approximately $17 million of advisory fees for November 2026 through April 2027, equivalent to around $2.60 per share. The adviser also committed to quarterly open ...