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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and AMICUS THERAPEUTICS, INC. (FOLD). 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 $185.2M, roughly 1.4× AMICUS THERAPEUTICS, INC.). AMICUS THERAPEUTICS, INC. runs the higher net margin — 0.9% vs -26.8%, a 27.7% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs -6.0%). AMICUS THERAPEUTICS, INC. produced more free cash flow last quarter ($16.0M vs $-86.8M). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% 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.

Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.

AHT vs FOLD — Head-to-Head

Bigger by revenue
AHT
AHT
1.4× larger
AHT
$259.0M
$185.2M
FOLD
Growing faster (revenue YoY)
FOLD
FOLD
+29.7% gap
FOLD
23.7%
-6.0%
AHT
Higher net margin
FOLD
FOLD
27.7% more per $
FOLD
0.9%
-26.8%
AHT
More free cash flow
FOLD
FOLD
$102.8M more FCF
FOLD
$16.0M
$-86.8M
AHT
Faster 2-yr revenue CAGR
FOLD
FOLD
Annualised
FOLD
29.5%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AHT
AHT
FOLD
FOLD
Revenue
$259.0M
$185.2M
Net Profit
$-69.3M
$1.7M
Gross Margin
85.7%
Operating Margin
-2.6%
8.6%
Net Margin
-26.8%
0.9%
Revenue YoY
-6.0%
23.7%
Net Profit YoY
44.2%
-88.5%
EPS (diluted)
$-12.85
$0.00

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.

Revenue
AHT
AHT
FOLD
FOLD
Q4 25
$259.0M
$185.2M
Q3 25
$266.1M
$169.1M
Q2 25
$302.0M
$154.7M
Q1 25
$277.4M
$125.2M
Q4 24
$275.5M
$149.7M
Q3 24
$276.6M
$141.5M
Q2 24
$316.5M
$126.7M
Q1 24
$303.9M
$110.4M
Net Profit
AHT
AHT
FOLD
FOLD
Q4 25
$-69.3M
$1.7M
Q3 25
$-60.1M
$17.3M
Q2 25
$-30.4M
$-24.4M
Q1 25
$-20.0M
$-21.7M
Q4 24
$-124.2M
$14.7M
Q3 24
$-57.9M
$-6.7M
Q2 24
$50.3M
$-15.7M
Q1 24
$71.6M
$-48.4M
Gross Margin
AHT
AHT
FOLD
FOLD
Q4 25
85.7%
Q3 25
88.5%
Q2 25
90.2%
Q1 25
90.7%
Q4 24
90.1%
Q3 24
90.6%
Q2 24
91.1%
Q1 24
87.7%
Operating Margin
AHT
AHT
FOLD
FOLD
Q4 25
-2.6%
8.6%
Q3 25
4.6%
20.3%
Q2 25
16.3%
-6.1%
Q1 25
22.2%
-6.3%
Q4 24
-17.8%
10.7%
Q3 24
7.3%
15.3%
Q2 24
42.8%
11.8%
Q1 24
50.2%
-25.1%
Net Margin
AHT
AHT
FOLD
FOLD
Q4 25
-26.8%
0.9%
Q3 25
-22.6%
10.2%
Q2 25
-10.1%
-15.8%
Q1 25
-7.2%
-17.3%
Q4 24
-45.1%
9.8%
Q3 24
-20.9%
-4.8%
Q2 24
15.9%
-12.4%
Q1 24
23.5%
-43.9%
EPS (diluted)
AHT
AHT
FOLD
FOLD
Q4 25
$-12.85
$0.00
Q3 25
$-11.35
$0.06
Q2 25
$-6.88
$-0.08
Q1 25
$-4.91
$-0.07
Q4 24
$-13.64
$0.05
Q3 24
$-12.39
$-0.02
Q2 24
$2.50
$-0.05
Q1 24
$5.99
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AHT
AHT
FOLD
FOLD
Cash + ST InvestmentsLiquidity on hand
$66.1M
$293.5M
Total DebtLower is stronger
$2.5B
$392.7M
Stockholders' EquityBook value
$-626.4M
$274.2M
Total Assets
$2.8B
$949.9M
Debt / EquityLower = less leverage
1.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
FOLD
FOLD
Q4 25
$66.1M
$293.5M
Q3 25
$81.9M
$263.8M
Q2 25
$100.0M
$231.0M
Q1 25
$85.8M
$250.6M
Q4 24
$112.9M
$249.9M
Q3 24
$119.7M
$249.8M
Q2 24
$121.8M
$260.1M
Q1 24
$111.1M
$239.6M
Total Debt
AHT
AHT
FOLD
FOLD
Q4 25
$2.5B
$392.7M
Q3 25
$2.6B
$392.0M
Q2 25
$2.6B
$391.3M
Q1 25
$2.7B
$390.7M
Q4 24
$2.6B
$390.1M
Q3 24
$2.7B
$389.5M
Q2 24
$2.8B
$388.9M
Q1 24
$2.9B
$388.4M
Stockholders' Equity
AHT
AHT
FOLD
FOLD
Q4 25
$-626.4M
$274.2M
Q3 25
$-548.7M
$230.4M
Q2 25
$-485.5M
$204.3M
Q1 25
$-446.1M
$193.6M
Q4 24
$-419.2M
$194.0M
Q3 24
$-288.4M
$178.8M
Q2 24
$-225.9M
$132.5M
Q1 24
$-276.8M
$130.7M
Total Assets
AHT
AHT
FOLD
FOLD
Q4 25
$2.8B
$949.9M
Q3 25
$3.0B
$868.8M
Q2 25
$3.1B
$815.3M
Q1 25
$3.1B
$789.8M
Q4 24
$3.2B
$785.0M
Q3 24
$3.3B
$786.6M
Q2 24
$3.3B
$749.5M
Q1 24
$3.5B
$721.8M
Debt / Equity
AHT
AHT
FOLD
FOLD
Q4 25
1.43×
Q3 25
1.70×
Q2 25
1.92×
Q1 25
2.02×
Q4 24
2.01×
Q3 24
2.18×
Q2 24
2.93×
Q1 24
2.97×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AHT
AHT
FOLD
FOLD
Operating Cash FlowLast quarter
$-15.7M
$16.3M
Free Cash FlowOCF − Capex
$-86.8M
$16.0M
FCF MarginFCF / Revenue
-33.5%
8.6%
Capex IntensityCapex / Revenue
27.5%
0.2%
Cash ConversionOCF / Net Profit
9.62×
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$29.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
FOLD
FOLD
Q4 25
$-15.7M
$16.3M
Q3 25
$5.5M
$35.7M
Q2 25
$16.3M
$-26.5M
Q1 25
$-25.0M
$7.8M
Q4 24
$-23.6M
$-3.9M
Q3 24
$795.0K
$-23.0M
Q2 24
$8.0M
$22.7M
Q1 24
$-46.5M
$-29.7M
Free Cash Flow
AHT
AHT
FOLD
FOLD
Q4 25
$-86.8M
$16.0M
Q3 25
$-226.0K
$35.3M
Q2 25
$-3.6M
$-28.9M
Q1 25
$-44.8M
$7.5M
Q4 24
$-131.6M
$-4.2M
Q3 24
$-21.8M
$-23.3M
Q2 24
$-22.9M
$21.6M
Q1 24
$-80.4M
$-31.5M
FCF Margin
AHT
AHT
FOLD
FOLD
Q4 25
-33.5%
8.6%
Q3 25
-0.1%
20.9%
Q2 25
-1.2%
-18.7%
Q1 25
-16.2%
6.0%
Q4 24
-47.8%
-2.8%
Q3 24
-7.9%
-16.5%
Q2 24
-7.2%
17.0%
Q1 24
-26.5%
-28.5%
Capex Intensity
AHT
AHT
FOLD
FOLD
Q4 25
27.5%
0.2%
Q3 25
2.1%
0.2%
Q2 25
6.6%
1.6%
Q1 25
7.2%
0.2%
Q4 24
39.2%
0.2%
Q3 24
8.2%
0.3%
Q2 24
9.8%
0.9%
Q1 24
11.2%
1.6%
Cash Conversion
AHT
AHT
FOLD
FOLD
Q4 25
9.62×
Q3 25
2.06×
Q2 25
Q1 25
Q4 24
-0.27×
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
AHT

Occupancy$190.2M73%
Food And Beverage$51.8M20%
Hotel Other$16.6M6%

FOLD
FOLD

Other$105.8M57%
Galafold$64.8M35%
Pombiliti Opfolda$14.6M8%

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