Ashford Hospitality Trust annual operating expenses
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Ashford Hospitality Trust Operating Expenses Growth & History (AHT)
Ashford Hospitality Trust's operating expenses was $219.7M for fiscal 2025.
View full Ashford Hospitality Trust company overviewAshford Hospitality Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $219.7M | $121.8M | +124.43% |
| 2024 | 2024-12-31 | $97.9M | −$213.8M | −68.59% |
| 2023 | 2023-12-31 | $311.7M | −$853.3M | −73.25% |
| 2022 | 2022-12-31 | $1.16B | $232.9M | +24.99% |
| 2021 | 2021-12-31 | $932.0M | $393.1M | +72.94% |
| 2020 | 2020-12-31 | $538.9M | $103.6M | +23.79% |
| 2019 | 2019-12-31 | $435.4M | −$905.5M | −67.53% |
| 2018 | 2018-12-31 | $1.34B | $957.9M | +250.15% |
| 2017 | 2017-12-31 | $382.9M | $16.6M | +4.53% |
| 2016 | 2016-12-31 | $366.3M | −$832.7M | −69.45% |
| 2015 | 2015-12-31 | $1.20B | $480.9M | +66.96% |
| 2014 | 2014-12-31 | $718.2M | −$104.5M | −12.70% |
| 2013 | 2013-12-31 | $822.6M | $17.1M | +2.12% |
| 2012 | 2012-12-31 | $805.5M | $39.4M | +5.15% |
| 2011 | 2011-12-31 | $766.1M | $19.0M | +2.54% |
| 2010 | 2010-12-31 | $747.2M | −$172.3M | −18.74% |
| 2009 | 2009-12-31 | $919.5M | — | — |
Ashford Hospitality Trust quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $30.0M | −$23.9M | −44.40% |
| Q1 2026 | 2026-03-31 | $73.4M | $46.0M | +168.19% |
| Q4 2025 | 2025-12-31 | $77.9M | −$44.3M | −36.27% |
| Q3 2025 | 2025-09-30 | $60.6M | −$1.0M | −1.66% |
| Q2 2025 | 2025-06-30 | $53.9M | — | — |
| Q1 2025 | 2025-03-31 | $27.4M | — | — |
| Q4 2024 | 2024-12-31 | $122.3M | $46.0M | +60.40% |
| Q3 2024 | 2024-09-30 | $61.6M | −$11.6M | −15.83% |
| Q4 2023 | 2023-12-31 | $76.2M | −$225.9M | −74.77% |
| Q3 2023 | 2023-09-30 | $73.2M | −$221.7M | −75.18% |
| Q2 2023 | 2023-06-30 | $324.0M | $17.9M | +5.84% |
| Q1 2023 | 2023-03-31 | $305.1M | $43.3M | +16.52% |
| Q4 2022 | 2022-12-31 | $302.1M | $37.7M | +14.26% |
| Q3 2022 | 2022-09-30 | $294.9M | $42.4M | +16.80% |
| Q2 2022 | 2022-06-30 | $306.1M | $76.7M | +33.44% |
| Q1 2022 | 2022-03-31 | $261.8M | $76.0M | +40.93% |
| Q4 2021 | 2021-12-31 | $264.4M | $74.4M | +39.15% |
| Q3 2021 | 2021-09-30 | $252.4M | $78.0M | +44.73% |
| Q2 2021 | 2021-06-30 | $229.4M | $34.6M | +17.77% |
| Q1 2021 | 2021-03-31 | $185.8M | $56.2M | +43.36% |
| Q4 2020 | 2020-12-31 | $190.0M | $81.5M | +75.04% |
| Q3 2020 | 2020-09-30 | $174.4M | $68.5M | +64.72% |
| Q2 2020 | 2020-06-30 | $194.8M | −$171.9M | −46.88% |
| Q1 2020 | 2020-03-31 | $129.6M | −$205.4M | −61.31% |
| Q4 2019 | 2019-12-31 | $108.5M | −$240.6M | −68.92% |
| Q3 2019 | 2019-09-30 | $105.9M | −$220.7M | −67.58% |
| Q2 2019 | 2019-06-30 | $366.7M | $20.6M | +5.94% |
| Q1 2019 | 2019-03-31 | $335.0M | $16.0M | +5.02% |
| Q4 2018 | 2018-12-31 | $349.2M | $26.3M | +8.13% |
| Q3 2018 | 2018-09-30 | $326.6M | $2.9M | +0.89% |
| Q2 2018 | 2018-06-30 | $346.1M | — | — |
| Q1 2018 | 2018-03-31 | $318.9M | −$6.5M | −2.00% |
| Q4 2017 | 2017-12-31 | $322.9M | −$15.0M | −4.43% |
| Q3 2017 | 2017-09-30 | $323.7M | −$7.1M | −2.16% |
| Q1 2017 | 2017-03-31 | $325.4M | −$922,000 | −0.28% |
| Q4 2016 | 2016-12-31 | $337.9M | $14.8M | +4.57% |
| Q3 2016 | 2016-09-30 | $330.9M | $7.2M | +2.23% |
| Q2 2016 | 2016-06-30 | $341.2M | $7.1M | +2.11% |
| Q1 2016 | 2016-03-31 | $326.4M | $108.2M | +49.62% |
| Q4 2015 | 2015-12-31 | $323.1M | $146.3M | +82.77% |
| Q3 2015 | 2015-09-30 | $323.6M | $141.4M | +77.64% |
| Q2 2015 | 2015-06-30 | $334.1M | $143.4M | +75.22% |
| Q1 2015 | 2015-03-31 | $218.1M | $49.7M | +29.48% |
| Q4 2014 | 2014-12-31 | $176.8M | −$10.0M | −5.36% |
| Q3 2014 | 2014-09-30 | $182.2M | −$31.1M | −14.58% |
| Q2 2014 | 2014-06-30 | $190.7M | −$25.7M | −11.89% |
| Q1 2014 | 2014-03-31 | $168.5M | −$37.6M | −18.26% |
| Q4 2013 | 2013-12-31 | $186.8M | −$26.6M | −12.46% |
| Q3 2013 | 2013-09-30 | $213.3M | $19.3M | +9.95% |
| Q2 2013 | 2013-06-30 | $216.4M | $11.2M | +5.45% |
| Q1 2013 | 2013-03-31 | $206.1M | $10.9M | +5.58% |
| Q4 2012 | 2012-12-31 | $213.4M | $8.0M | +3.90% |
| Q3 2012 | 2012-09-30 | $194.0M | $5.0M | +2.63% |
| Q2 2012 | 2012-06-30 | $205.3M | $10.8M | +5.58% |
| Q1 2012 | 2012-03-31 | $195.2M | $1.4M | +0.70% |
| Q4 2011 | 2011-12-31 | $205.4M | −$50.0M | −19.58% |
| Q3 2011 | 2011-09-30 | $189.0M | $335,000 | +0.18% |
| Q2 2011 | 2011-06-30 | $194.4M | $1.3M | +0.68% |
| Q1 2011 | 2011-03-31 | $193.8M | $10.3M | +5.60% |
| Q4 2010 | 2010-12-31 | $255.4M | — | — |
| Q3 2010 | 2010-09-30 | $188.7M | — | — |
| Q2 2010 | 2010-06-30 | $193.1M | — | — |
| Q1 2010 | 2010-03-31 | $183.6M | — | — |
Ashford Hospitality Trust operating expenses trends
Over the last five fiscal years, Ashford Hospitality Trust's operating expenses decreased from $538.9M to $219.7M, a change of −$319.2M. The latest reported quarter, Q2 2026, shows $30.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ashford Hospitality Trust source filings ↗