Ashford Hospitality Trust Inc
NYSE:AHT
Income Statement
Earnings Waterfall
Ashford Hospitality Trust Inc
Revenue
|
1.4B
USD
|
Cost of Revenue
|
-991.3m
USD
|
Gross Profit
|
376.2m
USD
|
Operating Expenses
|
-257.3m
USD
|
Operating Income
|
119m
USD
|
Other Expenses
|
-312.6m
USD
|
Net Income
|
-193.7m
USD
|
Income Statement
Ashford Hospitality Trust Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
939
N/A
|
902
-4%
|
852
-6%
|
812
-5%
|
795
-2%
|
848
+7%
|
1 009
+19%
|
1 172
+16%
|
1 337
+14%
|
1 455
+9%
|
1 496
+3%
|
1 503
+0%
|
1 492
-1%
|
1 478
-1%
|
1 458
-1%
|
1 439
-1%
|
1 439
0%
|
1 428
-1%
|
1 426
0%
|
1 429
+0%
|
1 431
+0%
|
1 447
+1%
|
1 473
+2%
|
1 492
+1%
|
1 503
+1%
|
1 426
-5%
|
1 054
-26%
|
773
-27%
|
508
-34%
|
342
-33%
|
493
+44%
|
647
+31%
|
805
+25%
|
937
+16%
|
1 091
+17%
|
1 172
+7%
|
1 241
+6%
|
1 323
+7%
|
1 350
+2%
|
1 365
+1%
|
1 368
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(642)
|
(611)
|
(588)
|
(558)
|
(546)
|
(580)
|
(677)
|
(789)
|
(906)
|
(992)
|
(1 016)
|
(1 018)
|
(1 012)
|
(1 005)
|
(993)
|
(986)
|
(981)
|
(971)
|
(972)
|
(973)
|
(979)
|
(992)
|
(1 009)
|
(1 023)
|
(1 033)
|
(1 007)
|
(822)
|
(666)
|
(510)
|
(401)
|
(466)
|
(551)
|
(640)
|
(729)
|
(816)
|
(860)
|
(899)
|
(952)
|
(973)
|
(989)
|
(991)
|
|
Gross Profit |
298
N/A
|
291
-2%
|
264
-9%
|
253
-4%
|
249
-1%
|
268
+8%
|
332
+24%
|
383
+15%
|
431
+13%
|
463
+7%
|
480
+4%
|
486
+1%
|
480
-1%
|
473
-2%
|
465
-2%
|
454
-2%
|
458
+1%
|
457
0%
|
454
-1%
|
456
+0%
|
452
-1%
|
455
+1%
|
465
+2%
|
469
+1%
|
470
+0%
|
419
-11%
|
232
-45%
|
107
-54%
|
(2)
N/A
|
(59)
-3 371%
|
27
N/A
|
96
+254%
|
165
+72%
|
208
+26%
|
276
+33%
|
312
+13%
|
342
+10%
|
371
+8%
|
377
+2%
|
376
0%
|
376
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(180)
|
(172)
|
(171)
|
(168)
|
(172)
|
(186)
|
(207)
|
(237)
|
(268)
|
(290)
|
(298)
|
(299)
|
(307)
|
(313)
|
(316)
|
(319)
|
(313)
|
(315)
|
(328)
|
(332)
|
(339)
|
(343)
|
(340)
|
(347)
|
(348)
|
(346)
|
(338)
|
(334)
|
(335)
|
(323)
|
(321)
|
(300)
|
(292)
|
(279)
|
(269)
|
(267)
|
(266)
|
(256)
|
(253)
|
(254)
|
(257)
|
|
Selling, General & Administrative |
(53)
|
(51)
|
(56)
|
(57)
|
(62)
|
(64)
|
(59)
|
(58)
|
(57)
|
(56)
|
(56)
|
(55)
|
(57)
|
(66)
|
(69)
|
(72)
|
(59)
|
(68)
|
(75)
|
(72)
|
(72)
|
(71)
|
(65)
|
(68)
|
(70)
|
(69)
|
(65)
|
(67)
|
(76)
|
(72)
|
(80)
|
(68)
|
(66)
|
(59)
|
(53)
|
(55)
|
(55)
|
(49)
|
(48)
|
(52)
|
(57)
|
|
Depreciation & Amortization |
(128)
|
(121)
|
(115)
|
(111)
|
(111)
|
(122)
|
(148)
|
(179)
|
(210)
|
(235)
|
(242)
|
(244)
|
(244)
|
(247)
|
(247)
|
(247)
|
(247)
|
(245)
|
(249)
|
(254)
|
(259)
|
(263)
|
(266)
|
(269)
|
(269)
|
(268)
|
(266)
|
(261)
|
(253)
|
(244)
|
(235)
|
(225)
|
(219)
|
(213)
|
(209)
|
(205)
|
(202)
|
(198)
|
(194)
|
(191)
|
(188)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(8)
|
(2)
|
(4)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
|
Operating Income |
118
N/A
|
119
+1%
|
94
-21%
|
85
-9%
|
77
-10%
|
83
+7%
|
125
+51%
|
147
+17%
|
164
+12%
|
173
+5%
|
182
+5%
|
187
+3%
|
174
-7%
|
160
-8%
|
150
-7%
|
135
-10%
|
145
+8%
|
142
-2%
|
126
-11%
|
124
-2%
|
113
-9%
|
112
-1%
|
124
+11%
|
122
-2%
|
122
+0%
|
73
-40%
|
(106)
N/A
|
(227)
-115%
|
(337)
-48%
|
(382)
-13%
|
(294)
+23%
|
(204)
+30%
|
(127)
+38%
|
(71)
+44%
|
7
N/A
|
45
+572%
|
76
+69%
|
114
+51%
|
124
+9%
|
122
-2%
|
119
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(168)
|
(153)
|
(141)
|
(123)
|
(113)
|
(126)
|
(150)
|
(179)
|
(202)
|
(209)
|
(214)
|
(220)
|
(227)
|
(233)
|
(242)
|
(235)
|
(234)
|
(231)
|
(230)
|
(232)
|
(235)
|
(249)
|
(257)
|
(263)
|
(264)
|
(249)
|
(270)
|
(264)
|
(229)
|
(208)
|
(159)
|
(135)
|
(142)
|
(150)
|
(153)
|
(166)
|
(208)
|
(252)
|
(285)
|
(336)
|
(361)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(2)
|
(10)
|
(11)
|
367
|
342
|
351
|
349
|
(28)
|
17
|
12
|
1
|
1
|
(6)
|
(3)
|
1
|
(3)
|
(20)
|
(20)
|
(32)
|
(30)
|
(31)
|
(27)
|
(10)
|
(33)
|
(56)
|
(47)
|
(52)
|
(31)
|
9
|
(2)
|
3
|
6
|
(5)
|
(7)
|
(3)
|
(3)
|
(2)
|
4
|
61
|
|
Total Other Income |
6
|
1
|
3
|
5
|
7
|
10
|
5
|
2
|
(1)
|
(6)
|
(6)
|
(7)
|
(5)
|
(7)
|
(4)
|
(4)
|
(3)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
11
|
12
|
10
|
4
|
(17)
|
(18)
|
(15)
|
(9)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(47)
N/A
|
(36)
+23%
|
(46)
-28%
|
(43)
+6%
|
(41)
+7%
|
334
N/A
|
323
-3%
|
321
-1%
|
311
-3%
|
(70)
N/A
|
(21)
+69%
|
(28)
-32%
|
(57)
-103%
|
(79)
-37%
|
(102)
-30%
|
(107)
-5%
|
(91)
+15%
|
(92)
-1%
|
(124)
-35%
|
(128)
-3%
|
(154)
-20%
|
(167)
-9%
|
(164)
+2%
|
(170)
-3%
|
(142)
+17%
|
(196)
-39%
|
(423)
-116%
|
(535)
-26%
|
(635)
-19%
|
(639)
-1%
|
(459)
+28%
|
(349)
+24%
|
(265)
+24%
|
(215)
+19%
|
(151)
+30%
|
(127)
+16%
|
(135)
-6%
|
(140)
-4%
|
(163)
-16%
|
(209)
-29%
|
(180)
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(3)
|
(1)
|
(2)
|
(0)
|
(1)
|
0
|
1
|
1
|
(0)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(1)
|
(2)
|
4
|
3
|
1
|
2
|
(1)
|
(3)
|
(6)
|
(6)
|
(11)
|
(13)
|
(6)
|
(7)
|
(3)
|
2
|
(1)
|
|
Income from Continuing Operations |
(49)
|
(37)
|
(47)
|
(44)
|
(42)
|
332
|
319
|
316
|
306
|
(74)
|
(24)
|
(29)
|
(59)
|
(79)
|
(103)
|
(107)
|
(90)
|
(91)
|
(124)
|
(130)
|
(156)
|
(170)
|
(168)
|
(173)
|
(143)
|
(198)
|
(419)
|
(531)
|
(633)
|
(637)
|
(460)
|
(352)
|
(271)
|
(221)
|
(162)
|
(141)
|
(141)
|
(147)
|
(166)
|
(208)
|
(181)
|
|
Income to Minority Interest |
7
|
5
|
6
|
6
|
7
|
(39)
|
(38)
|
(37)
|
(36)
|
12
|
5
|
7
|
13
|
17
|
21
|
23
|
22
|
22
|
27
|
27
|
29
|
32
|
32
|
33
|
29
|
38
|
71
|
85
|
89
|
74
|
38
|
16
|
4
|
2
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
|
Net Income (Common) |
(75)
N/A
|
(63)
+16%
|
(72)
-14%
|
(69)
+4%
|
(66)
+5%
|
258
N/A
|
248
-4%
|
245
-1%
|
234
-5%
|
(98)
N/A
|
(55)
+44%
|
(66)
-19%
|
(90)
-36%
|
(108)
-20%
|
(131)
-21%
|
(134)
-2%
|
(124)
+7%
|
(125)
0%
|
(153)
-23%
|
(153)
0%
|
(170)
-11%
|
(182)
-7%
|
(180)
+1%
|
(184)
-2%
|
(158)
+14%
|
(203)
-29%
|
(391)
-93%
|
(488)
-25%
|
(520)
-6%
|
(517)
+1%
|
(371)
+28%
|
(279)
+25%
|
(268)
+4%
|
(235)
+12%
|
(174)
+26%
|
(152)
+13%
|
(153)
-1%
|
(159)
-4%
|
(179)
-12%
|
(223)
-24%
|
(194)
+13%
|
|
EPS (Diluted) |
-83.77
N/A
|
-78.87
+6%
|
-79.77
-1%
|
-76.66
+4%
|
-73
+5%
|
234.9
N/A
|
247.8
+5%
|
245
-1%
|
212.63
-13%
|
-108.44
N/A
|
-61.22
+44%
|
-72.99
-19%
|
-99.55
-36%
|
-119.88
-20%
|
-130.8
-9%
|
-133.5
-2%
|
-123.9
+7%
|
-124.5
0%
|
-152.69
-23%
|
-153.19
0%
|
-170.4
-11%
|
-182.3
-7%
|
-180.3
+1%
|
-183.7
-2%
|
-157.5
+14%
|
-202.8
-29%
|
-390.5
-93%
|
-407
-4%
|
-324.93
+20%
|
-62.26
+81%
|
-23.2
+63%
|
-9.96
+57%
|
-12.37
-24%
|
-6.83
+45%
|
-5.08
+26%
|
-4.42
+13%
|
-4.46
-1%
|
-4.63
-4%
|
-5.21
-13%
|
-6.47
-24%
|
-5.61
+13%
|