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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and EASTMAN KODAK CO (KODK). Click either name above to swap in a different company.

EASTMAN KODAK CO is the larger business by last-quarter revenue ($290.0M vs $259.0M, roughly 1.1× ASHFORD HOSPITALITY TRUST INC). ASHFORD HOSPITALITY TRUST INC runs the higher net margin — -26.8% vs -37.2%, a 10.5% gap on every dollar of revenue. On growth, EASTMAN KODAK CO posted the faster year-over-year revenue change (9.0% vs -6.0%). EASTMAN KODAK CO produced more free cash flow last quarter ($483.0M vs $-86.8M). Over the past eight quarters, EASTMAN KODAK CO's revenue compounded faster (7.9% 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.

The Eastman Kodak Company, referred to simply as Kodak, is an American public company that produces various products related to its historic basis in film photography. The company is headquartered in Rochester, New York, and is incorporated in New Jersey. It is best known for photographic film products, which it brought to a mass market for the first time.

AHT vs KODK — Head-to-Head

Bigger by revenue
KODK
KODK
1.1× larger
KODK
$290.0M
$259.0M
AHT
Growing faster (revenue YoY)
KODK
KODK
+15.0% gap
KODK
9.0%
-6.0%
AHT
Higher net margin
AHT
AHT
10.5% more per $
AHT
-26.8%
-37.2%
KODK
More free cash flow
KODK
KODK
$569.8M more FCF
KODK
$483.0M
$-86.8M
AHT
Faster 2-yr revenue CAGR
KODK
KODK
Annualised
KODK
7.9%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AHT
AHT
KODK
KODK
Revenue
$259.0M
$290.0M
Net Profit
$-69.3M
$-108.0M
Gross Margin
23.1%
Operating Margin
-2.6%
-0.3%
Net Margin
-26.8%
-37.2%
Revenue YoY
-6.0%
9.0%
Net Profit YoY
44.2%
-515.4%
EPS (diluted)
$-12.85
$-1.22

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
KODK
KODK
Q4 25
$259.0M
$290.0M
Q3 25
$266.1M
$269.0M
Q2 25
$302.0M
$263.0M
Q1 25
$277.4M
$247.0M
Q4 24
$275.5M
$266.0M
Q3 24
$276.6M
$261.0M
Q2 24
$316.5M
$267.0M
Q1 24
$303.9M
$249.0M
Net Profit
AHT
AHT
KODK
KODK
Q4 25
$-69.3M
$-108.0M
Q3 25
$-60.1M
$13.0M
Q2 25
$-30.4M
$-26.0M
Q1 25
$-20.0M
$-7.0M
Q4 24
$-124.2M
$26.0M
Q3 24
$-57.9M
$18.0M
Q2 24
$50.3M
$26.0M
Q1 24
$71.6M
$32.0M
Gross Margin
AHT
AHT
KODK
KODK
Q4 25
23.1%
Q3 25
25.3%
Q2 25
19.4%
Q1 25
18.6%
Q4 24
19.2%
Q3 24
17.2%
Q2 24
21.7%
Q1 24
19.7%
Operating Margin
AHT
AHT
KODK
KODK
Q4 25
-2.6%
-0.3%
Q3 25
4.6%
7.1%
Q2 25
16.3%
-1.9%
Q1 25
22.2%
-5.3%
Q4 24
-17.8%
-3.0%
Q3 24
7.3%
-3.1%
Q2 24
42.8%
0.7%
Q1 24
50.2%
2.8%
Net Margin
AHT
AHT
KODK
KODK
Q4 25
-26.8%
-37.2%
Q3 25
-22.6%
4.8%
Q2 25
-10.1%
-9.9%
Q1 25
-7.2%
-2.8%
Q4 24
-45.1%
9.8%
Q3 24
-20.9%
6.9%
Q2 24
15.9%
9.7%
Q1 24
23.5%
12.9%
EPS (diluted)
AHT
AHT
KODK
KODK
Q4 25
$-12.85
$-1.22
Q3 25
$-11.35
$-0.08
Q2 25
$-6.88
$-0.36
Q1 25
$-4.91
$-0.12
Q4 24
$-13.64
$0.22
Q3 24
$-12.39
$0.15
Q2 24
$2.50
$0.23
Q1 24
$5.99
$0.30

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
KODK
KODK
Cash + ST InvestmentsLiquidity on hand
$66.1M
$436.0M
Total DebtLower is stronger
$2.5B
$209.0M
Stockholders' EquityBook value
$-626.4M
$614.0M
Total Assets
$2.8B
$1.6B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
KODK
KODK
Q4 25
$66.1M
$436.0M
Q3 25
$81.9M
$168.0M
Q2 25
$100.0M
$155.0M
Q1 25
$85.8M
$158.0M
Q4 24
$112.9M
$201.0M
Q3 24
$119.7M
$214.0M
Q2 24
$121.8M
$251.0M
Q1 24
$111.1M
$262.0M
Total Debt
AHT
AHT
KODK
KODK
Q4 25
$2.5B
$209.0M
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.7B
Q4 24
$2.6B
$467.0M
Q3 24
$2.7B
Q2 24
$2.8B
Q1 24
$2.9B
Stockholders' Equity
AHT
AHT
KODK
KODK
Q4 25
$-626.4M
$614.0M
Q3 25
$-548.7M
$762.0M
Q2 25
$-485.5M
$528.0M
Q1 25
$-446.1M
$563.0M
Q4 24
$-419.2M
$641.0M
Q3 24
$-288.4M
$982.0M
Q2 24
$-225.9M
$961.0M
Q1 24
$-276.8M
$951.0M
Total Assets
AHT
AHT
KODK
KODK
Q4 25
$2.8B
$1.6B
Q3 25
$3.0B
$2.1B
Q2 25
$3.1B
$1.9B
Q1 25
$3.1B
$1.9B
Q4 24
$3.2B
$2.0B
Q3 24
$3.3B
$2.4B
Q2 24
$3.3B
$2.4B
Q1 24
$3.5B
$2.3B
Debt / Equity
AHT
AHT
KODK
KODK
Q4 25
0.34×
Q3 25
Q2 25
Q1 25
Q4 24
0.73×
Q3 24
Q2 24
Q1 24

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
KODK
KODK
Operating Cash FlowLast quarter
$-15.7M
$489.0M
Free Cash FlowOCF − Capex
$-86.8M
$483.0M
FCF MarginFCF / Revenue
-33.5%
166.6%
Capex IntensityCapex / Revenue
27.5%
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$446.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
KODK
KODK
Q4 25
$-15.7M
$489.0M
Q3 25
$5.5M
$21.0M
Q2 25
$16.3M
$8.0M
Q1 25
$-25.0M
$-38.0M
Q4 24
$-23.6M
$4.0M
Q3 24
$795.0K
$-21.0M
Q2 24
$8.0M
$-7.0M
Q1 24
$-46.5M
$17.0M
Free Cash Flow
AHT
AHT
KODK
KODK
Q4 25
$-86.8M
$483.0M
Q3 25
$-226.0K
$17.0M
Q2 25
$-3.6M
$-4.0M
Q1 25
$-44.8M
$-50.0M
Q4 24
$-131.6M
$-13.0M
Q3 24
$-21.8M
$-41.0M
Q2 24
$-22.9M
$-16.0M
Q1 24
$-80.4M
$7.0M
FCF Margin
AHT
AHT
KODK
KODK
Q4 25
-33.5%
166.6%
Q3 25
-0.1%
6.3%
Q2 25
-1.2%
-1.5%
Q1 25
-16.2%
-20.2%
Q4 24
-47.8%
-4.9%
Q3 24
-7.9%
-15.7%
Q2 24
-7.2%
-6.0%
Q1 24
-26.5%
2.8%
Capex Intensity
AHT
AHT
KODK
KODK
Q4 25
27.5%
2.1%
Q3 25
2.1%
1.5%
Q2 25
6.6%
4.6%
Q1 25
7.2%
4.9%
Q4 24
39.2%
6.4%
Q3 24
8.2%
7.7%
Q2 24
9.8%
3.4%
Q1 24
11.2%
4.0%
Cash Conversion
AHT
AHT
KODK
KODK
Q4 25
Q3 25
1.62×
Q2 25
Q1 25
Q4 24
0.15×
Q3 24
-1.17×
Q2 24
0.16×
-0.27×
Q1 24
-0.65×
0.53×

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%

KODK
KODK

Segment Continuing Operations$195.0M67%
Advanced Materials And Chemicals$85.0M29%
Other$7.0M2%
All Other$3.0M1%

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