vs
Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and MOVADO GROUP INC (MOV). 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 $186.1M, roughly 1.4× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs -26.8%, a 31.9% gap on every dollar of revenue. On growth, MOVADO GROUP INC posted the faster year-over-year revenue change (1.9% vs -6.0%). MOVADO GROUP INC produced more free cash flow last quarter ($11.6M vs $-86.8M). Over the past eight quarters, MOVADO GROUP INC's revenue compounded faster (2.9% 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.
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
AHT vs MOV — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $186.1M |
| Net Profit | $-69.3M | $9.6M |
| Gross Margin | — | 54.3% |
| Operating Margin | -2.6% | 6.3% |
| Net Margin | -26.8% | 5.1% |
| Revenue YoY | -6.0% | 1.9% |
| Net Profit YoY | 44.2% | 89.8% |
| EPS (diluted) | $-12.85 | $0.42 |
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 | $186.1M | ||
| Q3 25 | $266.1M | $161.8M | ||
| Q2 25 | $302.0M | $131.8M | ||
| Q1 25 | $277.4M | $181.5M | ||
| Q4 24 | $275.5M | $180.5M | ||
| Q3 24 | $276.6M | $157.0M | ||
| Q2 24 | $316.5M | $134.4M | ||
| Q1 24 | $303.9M | $175.8M |
| Q4 25 | $-69.3M | $9.6M | ||
| Q3 25 | $-60.1M | $3.0M | ||
| Q2 25 | $-30.4M | $1.4M | ||
| Q1 25 | $-20.0M | $8.1M | ||
| Q4 24 | $-124.2M | $4.8M | ||
| Q3 24 | $-57.9M | $3.5M | ||
| Q2 24 | $50.3M | $2.0M | ||
| Q1 24 | $71.6M | $9.8M |
| Q4 25 | — | 54.3% | ||
| Q3 25 | — | 54.1% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 54.2% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | — | 54.3% | ||
| Q2 24 | — | 54.3% | ||
| Q1 24 | — | 53.5% |
| Q4 25 | -2.6% | 6.3% | ||
| Q3 25 | 4.6% | 2.5% | ||
| Q2 25 | 16.3% | 0.2% | ||
| Q1 25 | 22.2% | 5.1% | ||
| Q4 24 | -17.8% | 3.3% | ||
| Q3 24 | 7.3% | 1.7% | ||
| Q2 24 | 42.8% | 1.6% | ||
| Q1 24 | 50.2% | 6.1% |
| Q4 25 | -26.8% | 5.1% | ||
| Q3 25 | -22.6% | 1.8% | ||
| Q2 25 | -10.1% | 1.1% | ||
| Q1 25 | -7.2% | 4.4% | ||
| Q4 24 | -45.1% | 2.7% | ||
| Q3 24 | -20.9% | 2.2% | ||
| Q2 24 | 15.9% | 1.5% | ||
| Q1 24 | 23.5% | 5.6% |
| Q4 25 | $-12.85 | $0.42 | ||
| Q3 25 | $-11.35 | $0.13 | ||
| Q2 25 | $-6.88 | $0.06 | ||
| Q1 25 | $-4.91 | $0.36 | ||
| Q4 24 | $-13.64 | $0.21 | ||
| Q3 24 | $-12.39 | $0.15 | ||
| Q2 24 | $2.50 | $0.09 | ||
| Q1 24 | $5.99 | $0.44 |
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 | $183.9M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | $497.5M |
| Total Assets | $2.8B | $751.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $183.9M | ||
| Q3 25 | $81.9M | $180.5M | ||
| Q2 25 | $100.0M | $203.1M | ||
| Q1 25 | $85.8M | $208.5M | ||
| Q4 24 | $112.9M | $181.5M | ||
| Q3 24 | $119.7M | $198.3M | ||
| Q2 24 | $121.8M | $225.4M | ||
| Q1 24 | $111.1M | $262.1M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.9B | — |
| Q4 25 | $-626.4M | $497.5M | ||
| Q3 25 | $-548.7M | $489.9M | ||
| Q2 25 | $-485.5M | $493.2M | ||
| Q1 25 | $-446.1M | $481.3M | ||
| Q4 24 | $-419.2M | $491.3M | ||
| Q3 24 | $-288.4M | $492.0M | ||
| Q2 24 | $-225.9M | $489.6M | ||
| Q1 24 | $-276.8M | $505.9M |
| Q4 25 | $2.8B | $751.9M | ||
| Q3 25 | $3.0B | $748.7M | ||
| Q2 25 | $3.1B | $747.2M | ||
| Q1 25 | $3.1B | $729.2M | ||
| Q4 24 | $3.2B | $747.2M | ||
| Q3 24 | $3.3B | $742.5M | ||
| Q2 24 | $3.3B | $736.0M | ||
| Q1 24 | $3.5B | $756.5M |
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 | $12.3M |
| Free Cash FlowOCF − Capex | $-86.8M | $11.6M |
| FCF MarginFCF / Revenue | -33.5% | 6.2% |
| Capex IntensityCapex / Revenue | 27.5% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $35.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $12.3M | ||
| Q3 25 | $5.5M | $-3.8M | ||
| Q2 25 | $16.3M | $-7.2M | ||
| Q1 25 | $-25.0M | $39.1M | ||
| Q4 24 | $-23.6M | $-4.7M | ||
| Q3 24 | $795.0K | $-17.8M | ||
| Q2 24 | $8.0M | $-18.1M | ||
| Q1 24 | $-46.5M | $69.4M |
| Q4 25 | $-86.8M | $11.6M | ||
| Q3 25 | $-226.0K | $-5.1M | ||
| Q2 25 | $-3.6M | $-8.7M | ||
| Q1 25 | $-44.8M | $37.5M | ||
| Q4 24 | $-131.6M | $-7.2M | ||
| Q3 24 | $-21.8M | $-20.1M | ||
| Q2 24 | $-22.9M | $-19.7M | ||
| Q1 24 | $-80.4M | $67.8M |
| Q4 25 | -33.5% | 6.2% | ||
| Q3 25 | -0.1% | -3.1% | ||
| Q2 25 | -1.2% | -6.6% | ||
| Q1 25 | -16.2% | 20.7% | ||
| Q4 24 | -47.8% | -4.0% | ||
| Q3 24 | -7.9% | -12.8% | ||
| Q2 24 | -7.2% | -14.7% | ||
| Q1 24 | -26.5% | 38.6% |
| Q4 25 | 27.5% | 0.4% | ||
| Q3 25 | 2.1% | 0.8% | ||
| Q2 25 | 6.6% | 1.2% | ||
| Q1 25 | 7.2% | 0.9% | ||
| Q4 24 | 39.2% | 1.4% | ||
| Q3 24 | 8.2% | 1.5% | ||
| Q2 24 | 9.8% | 1.2% | ||
| Q1 24 | 11.2% | 0.9% |
| Q4 25 | — | 1.28× | ||
| Q3 25 | — | -1.27× | ||
| Q2 25 | — | -5.08× | ||
| Q1 25 | — | 4.86× | ||
| Q4 24 | — | -0.98× | ||
| Q3 24 | — | -5.14× | ||
| Q2 24 | 0.16× | -8.97× | ||
| Q1 24 | -0.65× | 7.06× |
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% |
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
