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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and KRONOS WORLDWIDE INC (KRO). Click either name above to swap in a different company.

KRONOS WORLDWIDE INC is the larger business by last-quarter revenue ($418.3M vs $259.0M, roughly 1.6× ASHFORD HOSPITALITY TRUST INC). KRONOS WORLDWIDE INC runs the higher net margin — -19.8% vs -26.8%, a 7.0% gap on every dollar of revenue. On growth, KRONOS WORLDWIDE INC posted the faster year-over-year revenue change (-1.1% vs -6.0%). KRONOS WORLDWIDE INC produced more free cash flow last quarter ($81.9M vs $-86.8M). Over the past eight quarters, KRONOS WORLDWIDE INC's revenue compounded faster (-6.5% 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.

Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.

AHT vs KRO — Head-to-Head

Bigger by revenue
KRO
KRO
1.6× larger
KRO
$418.3M
$259.0M
AHT
Growing faster (revenue YoY)
KRO
KRO
+4.9% gap
KRO
-1.1%
-6.0%
AHT
Higher net margin
KRO
KRO
7.0% more per $
KRO
-19.8%
-26.8%
AHT
More free cash flow
KRO
KRO
$168.7M more FCF
KRO
$81.9M
$-86.8M
AHT
Faster 2-yr revenue CAGR
KRO
KRO
Annualised
KRO
-6.5%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AHT
AHT
KRO
KRO
Revenue
$259.0M
$418.3M
Net Profit
$-69.3M
$-82.8M
Gross Margin
-0.9%
Operating Margin
-2.6%
-15.1%
Net Margin
-26.8%
-19.8%
Revenue YoY
-6.0%
-1.1%
Net Profit YoY
44.2%
-527.3%
EPS (diluted)
$-12.85
$-0.72

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
KRO
KRO
Q4 25
$259.0M
$418.3M
Q3 25
$266.1M
$456.9M
Q2 25
$302.0M
$494.4M
Q1 25
$277.4M
$489.8M
Q4 24
$275.5M
$423.1M
Q3 24
$276.6M
$484.7M
Q2 24
$316.5M
$500.5M
Q1 24
$303.9M
$478.8M
Net Profit
AHT
AHT
KRO
KRO
Q4 25
$-69.3M
$-82.8M
Q3 25
$-60.1M
$-37.0M
Q2 25
$-30.4M
$-9.2M
Q1 25
$-20.0M
$18.1M
Q4 24
$-124.2M
$-13.2M
Q3 24
$-57.9M
$71.8M
Q2 24
$50.3M
$19.5M
Q1 24
$71.6M
$8.1M
Gross Margin
AHT
AHT
KRO
KRO
Q4 25
-0.9%
Q3 25
10.3%
Q2 25
12.7%
Q1 25
21.8%
Q4 24
20.4%
Q3 24
20.9%
Q2 24
20.0%
Q1 24
14.9%
Operating Margin
AHT
AHT
KRO
KRO
Q4 25
-2.6%
-15.1%
Q3 25
4.6%
-4.2%
Q2 25
16.3%
1.5%
Q1 25
22.2%
7.8%
Q4 24
-17.8%
6.8%
Q3 24
7.3%
8.0%
Q2 24
42.8%
7.2%
Q1 24
50.2%
4.1%
Net Margin
AHT
AHT
KRO
KRO
Q4 25
-26.8%
-19.8%
Q3 25
-22.6%
-8.1%
Q2 25
-10.1%
-1.9%
Q1 25
-7.2%
3.7%
Q4 24
-45.1%
-3.1%
Q3 24
-20.9%
14.8%
Q2 24
15.9%
3.9%
Q1 24
23.5%
1.7%
EPS (diluted)
AHT
AHT
KRO
KRO
Q4 25
$-12.85
$-0.72
Q3 25
$-11.35
$-0.32
Q2 25
$-6.88
$-0.08
Q1 25
$-4.91
$0.16
Q4 24
$-13.64
$-0.11
Q3 24
$-12.39
$0.62
Q2 24
$2.50
$0.17
Q1 24
$5.99
$0.07

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
KRO
KRO
Cash + ST InvestmentsLiquidity on hand
$66.1M
$33.2M
Total DebtLower is stronger
$2.5B
$557.4M
Stockholders' EquityBook value
$-626.4M
$751.1M
Total Assets
$2.8B
$1.8B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
KRO
KRO
Q4 25
$66.1M
$33.2M
Q3 25
$81.9M
$27.7M
Q2 25
$100.0M
$18.9M
Q1 25
$85.8M
$20.5M
Q4 24
$112.9M
$106.7M
Q3 24
$119.7M
$94.8M
Q2 24
$121.8M
$133.8M
Q1 24
$111.1M
$120.7M
Total Debt
AHT
AHT
KRO
KRO
Q4 25
$2.5B
$557.4M
Q3 25
$2.6B
$626.2M
Q2 25
$2.6B
$589.3M
Q1 25
$2.7B
$557.2M
Q4 24
$2.6B
$507.4M
Q3 24
$2.7B
$554.3M
Q2 24
$2.8B
$423.7M
Q1 24
$2.9B
$426.9M
Stockholders' Equity
AHT
AHT
KRO
KRO
Q4 25
$-626.4M
$751.1M
Q3 25
$-548.7M
$804.7M
Q2 25
$-485.5M
$846.8M
Q1 25
$-446.1M
$847.0M
Q4 24
$-419.2M
$817.0M
Q3 24
$-288.4M
$847.4M
Q2 24
$-225.9M
$774.6M
Q1 24
$-276.8M
$774.4M
Total Assets
AHT
AHT
KRO
KRO
Q4 25
$2.8B
$1.8B
Q3 25
$3.0B
$1.9B
Q2 25
$3.1B
$1.9B
Q1 25
$3.1B
$1.9B
Q4 24
$3.2B
$1.9B
Q3 24
$3.3B
$1.9B
Q2 24
$3.3B
$1.7B
Q1 24
$3.5B
$1.7B
Debt / Equity
AHT
AHT
KRO
KRO
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.70×
Q1 25
0.66×
Q4 24
0.62×
Q3 24
0.65×
Q2 24
0.55×
Q1 24
0.55×

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
KRO
KRO
Operating Cash FlowLast quarter
$-15.7M
$92.1M
Free Cash FlowOCF − Capex
$-86.8M
$81.9M
FCF MarginFCF / Revenue
-33.5%
19.6%
Capex IntensityCapex / Revenue
27.5%
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$-40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
KRO
KRO
Q4 25
$-15.7M
$92.1M
Q3 25
$5.5M
$-7.9M
Q2 25
$16.3M
$20.7M
Q1 25
$-25.0M
$-102.4M
Q4 24
$-23.6M
$49.3M
Q3 24
$795.0K
$28.3M
Q2 24
$8.0M
$38.2M
Q1 24
$-46.5M
$-43.3M
Free Cash Flow
AHT
AHT
KRO
KRO
Q4 25
$-86.8M
$81.9M
Q3 25
$-226.0K
$-17.4M
Q2 25
$-3.6M
$9.5M
Q1 25
$-44.8M
$-114.4M
Q4 24
$-131.6M
$37.0M
Q3 24
$-21.8M
$19.2M
Q2 24
$-22.9M
$34.8M
Q1 24
$-80.4M
$-48.0M
FCF Margin
AHT
AHT
KRO
KRO
Q4 25
-33.5%
19.6%
Q3 25
-0.1%
-3.8%
Q2 25
-1.2%
1.9%
Q1 25
-16.2%
-23.4%
Q4 24
-47.8%
8.7%
Q3 24
-7.9%
4.0%
Q2 24
-7.2%
7.0%
Q1 24
-26.5%
-10.0%
Capex Intensity
AHT
AHT
KRO
KRO
Q4 25
27.5%
2.4%
Q3 25
2.1%
2.1%
Q2 25
6.6%
2.3%
Q1 25
7.2%
2.4%
Q4 24
39.2%
2.9%
Q3 24
8.2%
1.9%
Q2 24
9.8%
0.7%
Q1 24
11.2%
1.0%
Cash Conversion
AHT
AHT
KRO
KRO
Q4 25
Q3 25
Q2 25
Q1 25
-5.66×
Q4 24
Q3 24
0.39×
Q2 24
0.16×
1.96×
Q1 24
-0.65×
-5.35×

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%

KRO
KRO

Segment breakdown not available.

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