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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and FOX FACTORY HOLDING CORP (FOXF). Click either name above to swap in a different company.
FOX FACTORY HOLDING CORP is the larger business by last-quarter revenue ($376.4M vs $259.0M, roughly 1.5× ASHFORD HOSPITALITY TRUST INC). FOX FACTORY HOLDING CORP runs the higher net margin — -0.2% vs -26.8%, a 26.6% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -6.0%). FOX FACTORY HOLDING CORP produced more free cash flow last quarter ($-2.5M vs $-86.8M). Over the past eight quarters, FOX FACTORY HOLDING CORP's revenue compounded faster (6.4% 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.
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
AHT vs FOXF — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $376.4M |
| Net Profit | $-69.3M | $-634.0K |
| Gross Margin | — | 30.4% |
| Operating Margin | -2.6% | 4.0% |
| Net Margin | -26.8% | -0.2% |
| Revenue YoY | -6.0% | 4.8% |
| Net Profit YoY | 44.2% | -113.3% |
| EPS (diluted) | $-12.85 | $-0.02 |
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 | $376.4M | ||
| Q3 25 | $266.1M | $374.9M | ||
| Q2 25 | $302.0M | $355.0M | ||
| Q1 25 | $277.4M | $352.8M | ||
| Q4 24 | $275.5M | — | ||
| Q3 24 | $276.6M | $359.1M | ||
| Q2 24 | $316.5M | $348.5M | ||
| Q1 24 | $303.9M | $333.5M |
| Q4 25 | $-69.3M | $-634.0K | ||
| Q3 25 | $-60.1M | $2.7M | ||
| Q2 25 | $-30.4M | $-259.7M | ||
| Q1 25 | $-20.0M | $-141.0K | ||
| Q4 24 | $-124.2M | — | ||
| Q3 24 | $-57.9M | $4.8M | ||
| Q2 24 | $50.3M | $5.4M | ||
| Q1 24 | $71.6M | $-3.5M |
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 31.2% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 31.8% | ||
| Q1 24 | — | 30.9% |
| Q4 25 | -2.6% | 4.0% | ||
| Q3 25 | 4.6% | 4.9% | ||
| Q2 25 | 16.3% | -70.6% | ||
| Q1 25 | 22.2% | 3.2% | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | 7.3% | 5.2% | ||
| Q2 24 | 42.8% | 5.3% | ||
| Q1 24 | 50.2% | 2.7% |
| Q4 25 | -26.8% | -0.2% | ||
| Q3 25 | -22.6% | 0.7% | ||
| Q2 25 | -10.1% | -73.1% | ||
| Q1 25 | -7.2% | -0.0% | ||
| Q4 24 | -45.1% | — | ||
| Q3 24 | -20.9% | 1.3% | ||
| Q2 24 | 15.9% | 1.6% | ||
| Q1 24 | 23.5% | -1.0% |
| Q4 25 | $-12.85 | $-0.02 | ||
| Q3 25 | $-11.35 | $0.07 | ||
| Q2 25 | $-6.88 | $-6.23 | ||
| Q1 25 | $-4.91 | $0.00 | ||
| Q4 24 | $-13.64 | — | ||
| Q3 24 | $-12.39 | $0.11 | ||
| Q2 24 | $2.50 | $0.13 | ||
| Q1 24 | $5.99 | $-0.08 |
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 | — |
| Total DebtLower is stronger | $2.5B | $536.7M |
| Stockholders' EquityBook value | $-626.4M | $956.0M |
| Total Assets | $2.8B | $2.0B |
| Debt / EquityLower = less leverage | — | 0.56× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | — | ||
| Q3 25 | $81.9M | — | ||
| Q2 25 | $100.0M | — | ||
| Q1 25 | $85.8M | $71.7M | ||
| Q4 24 | $112.9M | — | ||
| Q3 24 | $119.7M | — | ||
| Q2 24 | $121.8M | — | ||
| Q1 24 | $111.1M | — |
| Q4 25 | $2.5B | $536.7M | ||
| Q3 25 | $2.6B | $541.8M | ||
| Q2 25 | $2.6B | $546.9M | ||
| Q1 25 | $2.7B | $552.1M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | $558.4M | ||
| Q2 24 | $2.8B | $564.1M | ||
| Q1 24 | $2.9B | $370.4M |
| Q4 25 | $-626.4M | $956.0M | ||
| Q3 25 | $-548.7M | $958.7M | ||
| Q2 25 | $-485.5M | $939.9M | ||
| Q1 25 | $-446.1M | $1.2B | ||
| Q4 24 | $-419.2M | — | ||
| Q3 24 | $-288.4M | $1.2B | ||
| Q2 24 | $-225.9M | $1.2B | ||
| Q1 24 | $-276.8M | $1.2B |
| Q4 25 | $2.8B | $2.0B | ||
| Q3 25 | $3.0B | $2.0B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $3.1B | $2.2B | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.3B | $2.3B | ||
| Q2 24 | $3.3B | $2.3B | ||
| Q1 24 | $3.5B | $2.2B |
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.31× |
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 | $5.3M |
| Free Cash FlowOCF − Capex | $-86.8M | $-2.5M |
| FCF MarginFCF / Revenue | -33.5% | -0.7% |
| Capex IntensityCapex / Revenue | 27.5% | 2.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $85.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $5.3M | ||
| Q3 25 | $5.5M | $36.8M | ||
| Q2 25 | $16.3M | $680.0K | ||
| Q1 25 | $-25.0M | $81.7M | ||
| Q4 24 | $-23.6M | — | ||
| Q3 24 | $795.0K | $14.1M | ||
| Q2 24 | $8.0M | $26.7M | ||
| Q1 24 | $-46.5M | $9.4M |
| Q4 25 | $-86.8M | $-2.5M | ||
| Q3 25 | $-226.0K | $24.6M | ||
| Q2 25 | $-3.6M | $-6.5M | ||
| Q1 25 | $-44.8M | $69.8M | ||
| Q4 24 | $-131.6M | — | ||
| Q3 24 | $-21.8M | $3.2M | ||
| Q2 24 | $-22.9M | $15.4M | ||
| Q1 24 | $-80.4M | $-555.0K |
| Q4 25 | -33.5% | -0.7% | ||
| Q3 25 | -0.1% | 6.6% | ||
| Q2 25 | -1.2% | -1.8% | ||
| Q1 25 | -16.2% | 19.8% | ||
| Q4 24 | -47.8% | — | ||
| Q3 24 | -7.9% | 0.9% | ||
| Q2 24 | -7.2% | 4.4% | ||
| Q1 24 | -26.5% | -0.2% |
| Q4 25 | 27.5% | 2.1% | ||
| Q3 25 | 2.1% | 3.3% | ||
| Q2 25 | 6.6% | 2.0% | ||
| Q1 25 | 7.2% | 3.4% | ||
| Q4 24 | 39.2% | — | ||
| Q3 24 | 8.2% | 3.0% | ||
| Q2 24 | 9.8% | 3.2% | ||
| Q1 24 | 11.2% | 3.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 13.41× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | 0.16× | 4.94× | ||
| 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% |
FOXF
| Specialty Sports Group | $132.7M | 35% |
| Powered Vehicles Group | $125.9M | 33% |
| Aftermarket Applications Group | $117.8M | 31% |
