vs

Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Guardant Health, Inc. (GH). Click either name above to swap in a different company.

Guardant Health, Inc. is the larger business by last-quarter revenue ($281.3M vs $259.0M, roughly 1.1× ASHFORD HOSPITALITY TRUST INC). ASHFORD HOSPITALITY TRUST INC runs the higher net margin — -26.8% vs -45.7%, a 18.9% gap on every dollar of revenue. On growth, Guardant Health, Inc. posted the faster year-over-year revenue change (39.4% vs -6.0%). Guardant Health, Inc. produced more free cash flow last quarter ($-54.2M vs $-86.8M). Over the past eight quarters, Guardant Health, Inc.'s revenue compounded faster (29.2% 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.

Guardant Health, Inc. is an American biotechnology company based in Palo Alto, California. Co-founders Helmy Eltoukhy and AmirAli Talasaz serve as co-chief executive officers.

AHT vs GH — Head-to-Head

Bigger by revenue
GH
GH
1.1× larger
GH
$281.3M
$259.0M
AHT
Growing faster (revenue YoY)
GH
GH
+45.4% gap
GH
39.4%
-6.0%
AHT
Higher net margin
AHT
AHT
18.9% more per $
AHT
-26.8%
-45.7%
GH
More free cash flow
GH
GH
$32.6M more FCF
GH
$-54.2M
$-86.8M
AHT
Faster 2-yr revenue CAGR
GH
GH
Annualised
GH
29.2%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AHT
AHT
GH
GH
Revenue
$259.0M
$281.3M
Net Profit
$-69.3M
$-128.5M
Gross Margin
64.6%
Operating Margin
-2.6%
-43.0%
Net Margin
-26.8%
-45.7%
Revenue YoY
-6.0%
39.4%
Net Profit YoY
44.2%
-15.8%
EPS (diluted)
$-12.85
$-1.01

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
GH
GH
Q4 25
$259.0M
$281.3M
Q3 25
$266.1M
$265.2M
Q2 25
$302.0M
$232.1M
Q1 25
$277.4M
$203.5M
Q4 24
$275.5M
$201.8M
Q3 24
$276.6M
$191.5M
Q2 24
$316.5M
$177.2M
Q1 24
$303.9M
$168.5M
Net Profit
AHT
AHT
GH
GH
Q4 25
$-69.3M
$-128.5M
Q3 25
$-60.1M
$-92.7M
Q2 25
$-30.4M
$-99.9M
Q1 25
$-20.0M
$-95.2M
Q4 24
$-124.2M
$-111.0M
Q3 24
$-57.9M
$-107.8M
Q2 24
$50.3M
$-102.6M
Q1 24
$71.6M
$-115.0M
Gross Margin
AHT
AHT
GH
GH
Q4 25
64.6%
Q3 25
64.7%
Q2 25
65.0%
Q1 25
63.3%
Q4 24
61.6%
Q3 24
61.1%
Q2 24
59.1%
Q1 24
61.2%
Operating Margin
AHT
AHT
GH
GH
Q4 25
-2.6%
-43.0%
Q3 25
4.6%
-37.3%
Q2 25
16.3%
-45.9%
Q1 25
22.2%
-54.6%
Q4 24
-17.8%
-62.4%
Q3 24
7.3%
-61.3%
Q2 24
42.8%
-56.8%
Q1 24
50.2%
-59.2%
Net Margin
AHT
AHT
GH
GH
Q4 25
-26.8%
-45.7%
Q3 25
-22.6%
-35.0%
Q2 25
-10.1%
-43.0%
Q1 25
-7.2%
-46.8%
Q4 24
-45.1%
-55.0%
Q3 24
-20.9%
-56.3%
Q2 24
15.9%
-57.9%
Q1 24
23.5%
-68.2%
EPS (diluted)
AHT
AHT
GH
GH
Q4 25
$-12.85
$-1.01
Q3 25
$-11.35
$-0.74
Q2 25
$-6.88
$-0.80
Q1 25
$-4.91
$-0.77
Q4 24
$-13.64
$-0.90
Q3 24
$-12.39
$-0.88
Q2 24
$2.50
$-0.84
Q1 24
$5.99
$-0.94

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
GH
GH
Cash + ST InvestmentsLiquidity on hand
$66.1M
$378.2M
Total DebtLower is stronger
$2.5B
$1.5B
Stockholders' EquityBook value
$-626.4M
$-99.3M
Total Assets
$2.8B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
GH
GH
Q4 25
$66.1M
$378.2M
Q3 25
$81.9M
$580.0M
Q2 25
$100.0M
$629.1M
Q1 25
$85.8M
$698.6M
Q4 24
$112.9M
$525.5M
Q3 24
$119.7M
$585.0M
Q2 24
$121.8M
$933.7M
Q1 24
$111.1M
$1.0B
Total Debt
AHT
AHT
GH
GH
Q4 25
$2.5B
$1.5B
Q3 25
$2.6B
$1.1B
Q2 25
$2.6B
$1.1B
Q1 25
$2.7B
$1.1B
Q4 24
$2.6B
$1.1B
Q3 24
$2.7B
Q2 24
$2.8B
Q1 24
$2.9B
Stockholders' Equity
AHT
AHT
GH
GH
Q4 25
$-626.4M
$-99.3M
Q3 25
$-548.7M
$-354.5M
Q2 25
$-485.5M
$-305.5M
Q1 25
$-446.1M
$-250.8M
Q4 24
$-419.2M
$-139.6M
Q3 24
$-288.4M
$-60.1M
Q2 24
$-225.9M
$-1.6M
Q1 24
$-276.8M
$68.3M
Total Assets
AHT
AHT
GH
GH
Q4 25
$2.8B
$2.0B
Q3 25
$3.0B
$1.3B
Q2 25
$3.1B
$1.3B
Q1 25
$3.1B
$1.3B
Q4 24
$3.2B
$1.5B
Q3 24
$3.3B
$1.5B
Q2 24
$3.3B
$1.6B
Q1 24
$3.5B
$1.7B

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
GH
GH
Operating Cash FlowLast quarter
$-15.7M
$-26.4M
Free Cash FlowOCF − Capex
$-86.8M
$-54.2M
FCF MarginFCF / Revenue
-33.5%
-19.3%
Capex IntensityCapex / Revenue
27.5%
9.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$-233.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
GH
GH
Q4 25
$-15.7M
$-26.4M
Q3 25
$5.5M
$-35.4M
Q2 25
$16.3M
$-60.3M
Q1 25
$-25.0M
$-62.7M
Q4 24
$-23.6M
$-64.5M
Q3 24
$795.0K
$-51.1M
Q2 24
$8.0M
$-94.0M
Q1 24
$-46.5M
$-30.3M
Free Cash Flow
AHT
AHT
GH
GH
Q4 25
$-86.8M
$-54.2M
Q3 25
$-226.0K
$-45.8M
Q2 25
$-3.6M
$-65.9M
Q1 25
$-44.8M
$-67.1M
Q4 24
$-131.6M
$-83.4M
Q3 24
$-21.8M
$-55.3M
Q2 24
$-22.9M
$-99.1M
Q1 24
$-80.4M
$-37.2M
FCF Margin
AHT
AHT
GH
GH
Q4 25
-33.5%
-19.3%
Q3 25
-0.1%
-17.3%
Q2 25
-1.2%
-28.4%
Q1 25
-16.2%
-33.0%
Q4 24
-47.8%
-41.3%
Q3 24
-7.9%
-28.9%
Q2 24
-7.2%
-55.9%
Q1 24
-26.5%
-22.1%
Capex Intensity
AHT
AHT
GH
GH
Q4 25
27.5%
9.9%
Q3 25
2.1%
3.9%
Q2 25
6.6%
2.4%
Q1 25
7.2%
2.2%
Q4 24
39.2%
9.4%
Q3 24
8.2%
2.2%
Q2 24
9.8%
2.9%
Q1 24
11.2%
4.1%
Cash Conversion
AHT
AHT
GH
GH
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
AHT

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

GH
GH

Oncology$189.9M68%
Biopharma Data$54.0M19%
Screening$35.1M12%
Licensing Other$2.2M1%

Related Comparisons