vs
Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Claritev Corp (CTEV). Click either name above to swap in a different company.
ASHFORD HOSPITALITY TRUST INC is the larger business by last-quarter revenue ($259.0M vs $246.6M, roughly 1.1× Claritev Corp). ASHFORD HOSPITALITY TRUST INC runs the higher net margin — -26.8% vs -32.7%, a 5.9% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -6.0%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-86.8M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -7.7%).
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.
AHT vs CTEV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $246.6M |
| Net Profit | $-69.3M | $-80.6M |
| Gross Margin | — | — |
| Operating Margin | -2.6% | -3.1% |
| Net Margin | -26.8% | -32.7% |
| Revenue YoY | -6.0% | 6.2% |
| Net Profit YoY | 44.2% | 41.6% |
| EPS (diluted) | $-12.85 | $-4.88 |
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 | $246.6M | ||
| Q3 25 | $266.1M | $246.0M | ||
| Q2 25 | $302.0M | $241.6M | ||
| Q1 25 | $277.4M | $231.3M | ||
| Q4 24 | $275.5M | $232.1M | ||
| Q3 24 | $276.6M | $230.5M | ||
| Q2 24 | $316.5M | $233.5M | ||
| Q1 24 | $303.9M | $234.5M |
| Q4 25 | $-69.3M | $-80.6M | ||
| Q3 25 | $-60.1M | $-69.8M | ||
| Q2 25 | $-30.4M | $-62.6M | ||
| Q1 25 | $-20.0M | $-71.3M | ||
| Q4 24 | $-124.2M | $-138.0M | ||
| Q3 24 | $-57.9M | $-391.4M | ||
| Q2 24 | $50.3M | $-576.7M | ||
| Q1 24 | $71.6M | $-539.7M |
| Q4 25 | -2.6% | -3.1% | ||
| Q3 25 | 4.6% | 4.1% | ||
| Q2 25 | 16.3% | 6.9% | ||
| Q1 25 | 22.2% | 4.2% | ||
| Q4 24 | -17.8% | -17.8% | ||
| Q3 24 | 7.3% | -146.7% | ||
| Q2 24 | 42.8% | -224.4% | ||
| Q1 24 | 50.2% | -207.4% |
| Q4 25 | -26.8% | -32.7% | ||
| Q3 25 | -22.6% | -28.4% | ||
| Q2 25 | -10.1% | -25.9% | ||
| Q1 25 | -7.2% | -30.8% | ||
| Q4 24 | -45.1% | -59.4% | ||
| Q3 24 | -20.9% | -169.8% | ||
| Q2 24 | 15.9% | -247.0% | ||
| Q1 24 | 23.5% | -230.1% |
| Q4 25 | $-12.85 | $-4.88 | ||
| Q3 25 | $-11.35 | $-4.23 | ||
| Q2 25 | $-6.88 | $-3.81 | ||
| Q1 25 | $-4.91 | $-4.38 | ||
| Q4 24 | $-13.64 | $-8.49 | ||
| Q3 24 | $-12.39 | $-24.25 | ||
| Q2 24 | $2.50 | $-35.78 | ||
| Q1 24 | $5.99 | $-33.40 |
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 | $16.8M |
| Total DebtLower is stronger | $2.5B | $4.6B |
| Stockholders' EquityBook value | $-626.4M | $-173.9M |
| Total Assets | $2.8B | $4.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $16.8M | ||
| Q3 25 | $81.9M | $39.2M | ||
| Q2 25 | $100.0M | $56.4M | ||
| Q1 25 | $85.8M | $23.1M | ||
| Q4 24 | $112.9M | $16.8M | ||
| Q3 24 | $119.7M | $86.6M | ||
| Q2 24 | $121.8M | $48.8M | ||
| Q1 24 | $111.1M | $58.7M |
| Q4 25 | $2.5B | $4.6B | ||
| Q3 25 | $2.6B | $4.5B | ||
| Q2 25 | $2.6B | $4.5B | ||
| Q1 25 | $2.7B | $4.5B | ||
| Q4 24 | $2.6B | $4.5B | ||
| Q3 24 | $2.7B | $4.5B | ||
| Q2 24 | $2.8B | $4.5B | ||
| Q1 24 | $2.9B | $4.5B |
| Q4 25 | $-626.4M | $-173.9M | ||
| Q3 25 | $-548.7M | $-101.8M | ||
| Q2 25 | $-485.5M | $-39.9M | ||
| Q1 25 | $-446.1M | $14.8M | ||
| Q4 24 | $-419.2M | $84.0M | ||
| Q3 24 | $-288.4M | $207.6M | ||
| Q2 24 | $-225.9M | $603.4M | ||
| Q1 24 | $-276.8M | $1.2B |
| Q4 25 | $2.8B | $4.9B | ||
| Q3 25 | $3.0B | $5.0B | ||
| Q2 25 | $3.1B | $5.1B | ||
| Q1 25 | $3.1B | $5.1B | ||
| Q4 24 | $3.2B | $5.2B | ||
| Q3 24 | $3.3B | $5.3B | ||
| Q2 24 | $3.3B | $5.7B | ||
| Q1 24 | $3.5B | $6.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 304.87× | ||
| Q4 24 | — | 53.67× | ||
| Q3 24 | — | 21.73× | ||
| Q2 24 | — | 7.48× | ||
| Q1 24 | — | 3.85× |
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 | $66.3M |
| Free Cash FlowOCF − Capex | $-86.8M | $36.4M |
| FCF MarginFCF / Revenue | -33.5% | 14.8% |
| Capex IntensityCapex / Revenue | 27.5% | 12.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $-12.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $66.3M | ||
| Q3 25 | $5.5M | $19.9M | ||
| Q2 25 | $16.3M | $61.2M | ||
| Q1 25 | $-25.0M | $-30.1M | ||
| Q4 24 | $-23.6M | $-33.4M | ||
| Q3 24 | $795.0K | $72.8M | ||
| Q2 24 | $8.0M | $18.5M | ||
| Q1 24 | $-46.5M | $49.7M |
| Q4 25 | $-86.8M | $36.4M | ||
| Q3 25 | $-226.0K | $-16.3M | ||
| Q2 25 | $-3.6M | $36.6M | ||
| Q1 25 | $-44.8M | $-68.9M | ||
| Q4 24 | $-131.6M | $-63.8M | ||
| Q3 24 | $-21.8M | $41.1M | ||
| Q2 24 | $-22.9M | $-7.0M | ||
| Q1 24 | $-80.4M | $19.2M |
| Q4 25 | -33.5% | 14.8% | ||
| Q3 25 | -0.1% | -6.6% | ||
| Q2 25 | -1.2% | 15.2% | ||
| Q1 25 | -16.2% | -29.8% | ||
| Q4 24 | -47.8% | -27.5% | ||
| Q3 24 | -7.9% | 17.8% | ||
| Q2 24 | -7.2% | -3.0% | ||
| Q1 24 | -26.5% | 8.2% |
| Q4 25 | 27.5% | 12.1% | ||
| Q3 25 | 2.1% | 14.7% | ||
| Q2 25 | 6.6% | 10.2% | ||
| Q1 25 | 7.2% | 16.8% | ||
| Q4 24 | 39.2% | 13.1% | ||
| Q3 24 | 8.2% | 13.8% | ||
| Q2 24 | 9.8% | 10.9% | ||
| Q1 24 | 11.2% | 13.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | — | ||
| 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% |
CTEV
Segment breakdown not available.
