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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Dynatrace, Inc. (DT). Click either name above to swap in a different company.
Dynatrace, Inc. is the larger business by last-quarter revenue ($515.5M vs $259.0M, roughly 2.0× ASHFORD HOSPITALITY TRUST INC). Dynatrace, Inc. runs the higher net margin — 7.8% vs -26.8%, a 34.5% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs -6.0%). Dynatrace, Inc. produced more free cash flow last quarter ($27.2M vs $-86.8M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% 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.
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.
AHT vs DT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $515.5M |
| Net Profit | $-69.3M | $40.1M |
| Gross Margin | — | 81.4% |
| Operating Margin | -2.6% | 14.1% |
| Net Margin | -26.8% | 7.8% |
| Revenue YoY | -6.0% | 18.2% |
| Net Profit YoY | 44.2% | -88.9% |
| EPS (diluted) | $-12.85 | $0.13 |
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 | $515.5M | ||
| Q3 25 | $266.1M | $493.8M | ||
| Q2 25 | $302.0M | $477.3M | ||
| Q1 25 | $277.4M | $445.2M | ||
| Q4 24 | $275.5M | $436.2M | ||
| Q3 24 | $276.6M | $418.1M | ||
| Q2 24 | $316.5M | $399.2M | ||
| Q1 24 | $303.9M | $380.8M |
| Q4 25 | $-69.3M | $40.1M | ||
| Q3 25 | $-60.1M | $57.2M | ||
| Q2 25 | $-30.4M | $48.0M | ||
| Q1 25 | $-20.0M | $39.3M | ||
| Q4 24 | $-124.2M | $361.8M | ||
| Q3 24 | $-57.9M | $44.0M | ||
| Q2 24 | $50.3M | $38.6M | ||
| Q1 24 | $71.6M | $37.9M |
| Q4 25 | — | 81.4% | ||
| Q3 25 | — | 81.8% | ||
| Q2 25 | — | 82.1% | ||
| Q1 25 | — | 80.9% | ||
| Q4 24 | — | 81.1% | ||
| Q3 24 | — | 81.4% | ||
| Q2 24 | — | 81.3% | ||
| Q1 24 | — | 81.1% |
| Q4 25 | -2.6% | 14.1% | ||
| Q3 25 | 4.6% | 14.8% | ||
| Q2 25 | 16.3% | 13.1% | ||
| Q1 25 | 22.2% | 9.6% | ||
| Q4 24 | -17.8% | 10.9% | ||
| Q3 24 | 7.3% | 11.2% | ||
| Q2 24 | 42.8% | 10.5% | ||
| Q1 24 | 50.2% | 6.1% |
| Q4 25 | -26.8% | 7.8% | ||
| Q3 25 | -22.6% | 11.6% | ||
| Q2 25 | -10.1% | 10.0% | ||
| Q1 25 | -7.2% | 8.8% | ||
| Q4 24 | -45.1% | 82.9% | ||
| Q3 24 | -20.9% | 10.5% | ||
| Q2 24 | 15.9% | 9.7% | ||
| Q1 24 | 23.5% | 10.0% |
| Q4 25 | $-12.85 | $0.13 | ||
| Q3 25 | $-11.35 | $0.19 | ||
| Q2 25 | $-6.88 | $0.16 | ||
| Q1 25 | $-4.91 | $0.12 | ||
| Q4 24 | $-13.64 | $1.19 | ||
| Q3 24 | $-12.39 | $0.15 | ||
| Q2 24 | $2.50 | $0.13 | ||
| Q1 24 | $5.99 | $0.13 |
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 | $1.2B |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | $2.7B |
| Total Assets | $2.8B | $4.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $1.2B | ||
| Q3 25 | $81.9M | $1.3B | ||
| Q2 25 | $100.0M | $1.3B | ||
| Q1 25 | $85.8M | $1.1B | ||
| Q4 24 | $112.9M | $1.0B | ||
| Q3 24 | $119.7M | $1.0B | ||
| Q2 24 | $121.8M | $1.0B | ||
| Q1 24 | $111.1M | $836.9M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.9B | — |
| Q4 25 | $-626.4M | $2.7B | ||
| Q3 25 | $-548.7M | $2.8B | ||
| Q2 25 | $-485.5M | $2.7B | ||
| Q1 25 | $-446.1M | $2.6B | ||
| Q4 24 | $-419.2M | $2.6B | ||
| Q3 24 | $-288.4M | $2.1B | ||
| Q2 24 | $-225.9M | $2.1B | ||
| Q1 24 | $-276.8M | $2.0B |
| Q4 25 | $2.8B | $4.1B | ||
| Q3 25 | $3.0B | $4.1B | ||
| Q2 25 | $3.1B | $4.1B | ||
| Q1 25 | $3.1B | $4.1B | ||
| Q4 24 | $3.2B | $3.7B | ||
| Q3 24 | $3.3B | $3.3B | ||
| Q2 24 | $3.3B | $3.3B | ||
| Q1 24 | $3.5B | $3.4B |
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 | $33.8M |
| Free Cash FlowOCF − Capex | $-86.8M | $27.2M |
| FCF MarginFCF / Revenue | -33.5% | 5.3% |
| Capex IntensityCapex / Revenue | 27.5% | 1.3% |
| Cash ConversionOCF / Net Profit | — | 0.84× |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $465.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $33.8M | ||
| Q3 25 | $5.5M | $32.0M | ||
| Q2 25 | $16.3M | $269.7M | ||
| Q1 25 | $-25.0M | $162.8M | ||
| Q4 24 | $-23.6M | $42.2M | ||
| Q3 24 | $795.0K | $23.6M | ||
| Q2 24 | $8.0M | $230.7M | ||
| Q1 24 | $-46.5M | $131.7M |
| Q4 25 | $-86.8M | $27.2M | ||
| Q3 25 | $-226.0K | $27.8M | ||
| Q2 25 | $-3.6M | $262.2M | ||
| Q1 25 | $-44.8M | $148.2M | ||
| Q4 24 | $-131.6M | $37.6M | ||
| Q3 24 | $-21.8M | $20.1M | ||
| Q2 24 | $-22.9M | $227.4M | ||
| Q1 24 | $-80.4M | $121.9M |
| Q4 25 | -33.5% | 5.3% | ||
| Q3 25 | -0.1% | 5.6% | ||
| Q2 25 | -1.2% | 54.9% | ||
| Q1 25 | -16.2% | 33.3% | ||
| Q4 24 | -47.8% | 8.6% | ||
| Q3 24 | -7.9% | 4.8% | ||
| Q2 24 | -7.2% | 57.0% | ||
| Q1 24 | -26.5% | 32.0% |
| Q4 25 | 27.5% | 1.3% | ||
| Q3 25 | 2.1% | 0.8% | ||
| Q2 25 | 6.6% | 1.6% | ||
| Q1 25 | 7.2% | 3.3% | ||
| Q4 24 | 39.2% | 1.1% | ||
| Q3 24 | 8.2% | 0.8% | ||
| Q2 24 | 9.8% | 0.8% | ||
| Q1 24 | 11.2% | 2.6% |
| Q4 25 | — | 0.84× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 5.62× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | 0.16× | 5.97× | ||
| Q1 24 | -0.65× | 3.47× |
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% |
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
