vs
Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and B&G Foods, Inc. (BGS). Click either name above to swap in a different company.
B&G Foods, Inc. is the larger business by last-quarter revenue ($439.3M vs $259.0M, roughly 1.7× ASHFORD HOSPITALITY TRUST INC). B&G Foods, Inc. runs the higher net margin — -4.4% vs -26.8%, a 22.4% gap on every dollar of revenue. On growth, B&G Foods, Inc. posted the faster year-over-year revenue change (-4.7% vs -6.0%). B&G Foods, Inc. produced more free cash flow last quarter ($-70.7M vs $-86.8M). Over the past eight quarters, ASHFORD HOSPITALITY TRUST INC's revenue compounded faster (-7.7% CAGR vs -12.8%).
Ashford Hospitality Trust Inc is a U.S.-headquartered real estate investment trust focused on upper-upscale full-service hotel properties across key U.S. urban, suburban and resort markets. Its portfolio holds assets under top global hospitality brands, serving business and leisure travelers, with a focus on long-term value growth and stable shareholder returns.
B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
AHT vs BGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $439.3M |
| Net Profit | $-69.3M | $-19.1M |
| Gross Margin | — | 22.5% |
| Operating Margin | -2.6% | 2.5% |
| Net Margin | -26.8% | -4.4% |
| Revenue YoY | -6.0% | -4.7% |
| Net Profit YoY | 44.2% | -356.5% |
| EPS (diluted) | $-12.85 | $-0.24 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $259.0M | — | ||
| Q3 25 | $266.1M | $439.3M | ||
| Q2 25 | $302.0M | $424.4M | ||
| Q1 25 | $277.4M | $425.4M | ||
| Q4 24 | $275.5M | $551.6M | ||
| Q3 24 | $276.6M | $461.1M | ||
| Q2 24 | $316.5M | $444.6M | ||
| Q1 24 | $303.9M | $475.2M |
| Q4 25 | $-69.3M | — | ||
| Q3 25 | $-60.1M | $-19.1M | ||
| Q2 25 | $-30.4M | $-9.8M | ||
| Q1 25 | $-20.0M | $835.0K | ||
| Q4 24 | $-124.2M | $-222.4M | ||
| Q3 24 | $-57.9M | $7.5M | ||
| Q2 24 | $50.3M | $3.9M | ||
| Q1 24 | $71.6M | $-40.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 20.7% | ||
| Q1 24 | — | 22.9% |
| Q4 25 | -2.6% | — | ||
| Q3 25 | 4.6% | 2.5% | ||
| Q2 25 | 16.3% | 5.2% | ||
| Q1 25 | 22.2% | 8.4% | ||
| Q4 24 | -17.8% | -46.6% | ||
| Q3 24 | 7.3% | 11.1% | ||
| Q2 24 | 42.8% | 9.9% | ||
| Q1 24 | 50.2% | -3.3% |
| Q4 25 | -26.8% | — | ||
| Q3 25 | -22.6% | -4.4% | ||
| Q2 25 | -10.1% | -2.3% | ||
| Q1 25 | -7.2% | 0.2% | ||
| Q4 24 | -45.1% | -40.3% | ||
| Q3 24 | -20.9% | 1.6% | ||
| Q2 24 | 15.9% | 0.9% | ||
| Q1 24 | 23.5% | -8.5% |
| Q4 25 | $-12.85 | — | ||
| Q3 25 | $-11.35 | $-0.24 | ||
| Q2 25 | $-6.88 | $-0.12 | ||
| Q1 25 | $-4.91 | $0.01 | ||
| Q4 24 | $-13.64 | $-2.81 | ||
| Q3 24 | $-12.39 | $0.09 | ||
| Q2 24 | $2.50 | $0.05 | ||
| Q1 24 | $5.99 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.1M | $60.9M |
| Total DebtLower is stronger | $2.5B | $2.0B |
| Stockholders' EquityBook value | $-626.4M | $470.7M |
| Total Assets | $2.8B | $2.9B |
| Debt / EquityLower = less leverage | — | 4.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | — | ||
| Q3 25 | $81.9M | $60.9M | ||
| Q2 25 | $100.0M | $54.1M | ||
| Q1 25 | $85.8M | $61.2M | ||
| Q4 24 | $112.9M | $50.6M | ||
| Q3 24 | $119.7M | $54.7M | ||
| Q2 24 | $121.8M | $40.3M | ||
| Q1 24 | $111.1M | $42.5M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | $2.0B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.7B | $2.0B | ||
| Q4 24 | $2.6B | $2.0B | ||
| Q3 24 | $2.7B | $2.1B | ||
| Q2 24 | $2.8B | $2.0B | ||
| Q1 24 | $2.9B | $2.0B |
| Q4 25 | $-626.4M | — | ||
| Q3 25 | $-548.7M | $470.7M | ||
| Q2 25 | $-485.5M | $501.4M | ||
| Q1 25 | $-446.1M | $513.1M | ||
| Q4 24 | $-419.2M | $524.8M | ||
| Q3 24 | $-288.4M | $755.3M | ||
| Q2 24 | $-225.9M | $765.0M | ||
| Q1 24 | $-276.8M | $781.2M |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $3.0B | $2.9B | ||
| Q2 25 | $3.1B | $2.9B | ||
| Q1 25 | $3.1B | $3.0B | ||
| Q4 24 | $3.2B | $3.0B | ||
| Q3 24 | $3.3B | $3.4B | ||
| Q2 24 | $3.3B | $3.4B | ||
| Q1 24 | $3.5B | $3.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | — | 3.91× | ||
| Q4 24 | — | 3.85× | ||
| Q3 24 | — | 2.75× | ||
| Q2 24 | — | 2.67× | ||
| Q1 24 | — | 2.61× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-15.7M | $-64.6M |
| Free Cash FlowOCF − Capex | $-86.8M | $-70.7M |
| FCF MarginFCF / Revenue | -33.5% | -16.1% |
| Capex IntensityCapex / Revenue | 27.5% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $54.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | — | ||
| Q3 25 | $5.5M | $-64.6M | ||
| Q2 25 | $16.3M | $17.8M | ||
| Q1 25 | $-25.0M | $52.7M | ||
| Q4 24 | $-23.6M | $80.3M | ||
| Q3 24 | $795.0K | $4.2M | ||
| Q2 24 | $8.0M | $11.3M | ||
| Q1 24 | $-46.5M | $35.1M |
| Q4 25 | $-86.8M | — | ||
| Q3 25 | $-226.0K | $-70.7M | ||
| Q2 25 | $-3.6M | $11.5M | ||
| Q1 25 | $-44.8M | $42.4M | ||
| Q4 24 | $-131.6M | $71.7M | ||
| Q3 24 | $-21.8M | $-679.0K | ||
| Q2 24 | $-22.9M | $5.2M | ||
| Q1 24 | $-80.4M | $27.5M |
| Q4 25 | -33.5% | — | ||
| Q3 25 | -0.1% | -16.1% | ||
| Q2 25 | -1.2% | 2.7% | ||
| Q1 25 | -16.2% | 10.0% | ||
| Q4 24 | -47.8% | 13.0% | ||
| Q3 24 | -7.9% | -0.1% | ||
| Q2 24 | -7.2% | 1.2% | ||
| Q1 24 | -26.5% | 5.8% |
| Q4 25 | 27.5% | — | ||
| Q3 25 | 2.1% | 1.4% | ||
| Q2 25 | 6.6% | 1.5% | ||
| Q1 25 | 7.2% | 2.4% | ||
| Q4 24 | 39.2% | 1.6% | ||
| Q3 24 | 8.2% | 1.0% | ||
| Q2 24 | 9.8% | 1.4% | ||
| Q1 24 | 11.2% | 1.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 63.17× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | 0.16× | 2.87× | ||
| Q1 24 | -0.65× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AHT
| Occupancy | $190.2M | 73% |
| Food And Beverage | $51.8M | 20% |
| Hotel Other | $16.6M | 6% |
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
