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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Metallus Inc. (MTUS). Click either name above to swap in a different company.
Metallus Inc. is the larger business by last-quarter revenue ($267.3M vs $259.0M, roughly 1.0× ASHFORD HOSPITALITY TRUST INC). Metallus Inc. runs the higher net margin — -5.3% vs -26.8%, a 21.4% gap on every dollar of revenue. On growth, Metallus Inc. posted the faster year-over-year revenue change (11.1% vs -6.0%). Metallus Inc. produced more free cash flow last quarter ($-37.2M vs $-86.8M). Over the past eight quarters, ASHFORD HOSPITALITY TRUST INC's revenue compounded faster (-7.7% CAGR vs -8.8%).
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.
AHT vs MTUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $267.3M |
| Net Profit | $-69.3M | $-14.3M |
| Gross Margin | — | 2.2% |
| Operating Margin | -2.6% | -7.7% |
| Net Margin | -26.8% | -5.3% |
| Revenue YoY | -6.0% | 11.1% |
| Net Profit YoY | 44.2% | 33.2% |
| EPS (diluted) | $-12.85 | $-0.34 |
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 | $267.3M | ||
| Q3 25 | $266.1M | $305.9M | ||
| Q2 25 | $302.0M | $304.6M | ||
| Q1 25 | $277.4M | $280.5M | ||
| Q4 24 | $275.5M | $240.5M | ||
| Q3 24 | $276.6M | $227.2M | ||
| Q2 24 | $316.5M | $294.7M | ||
| Q1 24 | $303.9M | $321.6M |
| Q4 25 | $-69.3M | $-14.3M | ||
| Q3 25 | $-60.1M | $8.1M | ||
| Q2 25 | $-30.4M | $3.7M | ||
| Q1 25 | $-20.0M | $1.3M | ||
| Q4 24 | $-124.2M | $-21.4M | ||
| Q3 24 | $-57.9M | $-5.9M | ||
| Q2 24 | $50.3M | $4.6M | ||
| Q1 24 | $71.6M | $24.0M |
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | — | 15.7% |
| Q4 25 | -2.6% | -7.7% | ||
| Q3 25 | 4.6% | 3.6% | ||
| Q2 25 | 16.3% | 2.8% | ||
| Q1 25 | 22.2% | 1.0% | ||
| Q4 24 | -17.8% | -10.1% | ||
| Q3 24 | 7.3% | -3.1% | ||
| Q2 24 | 42.8% | 2.1% | ||
| Q1 24 | 50.2% | 9.3% |
| Q4 25 | -26.8% | -5.3% | ||
| Q3 25 | -22.6% | 2.6% | ||
| Q2 25 | -10.1% | 1.2% | ||
| Q1 25 | -7.2% | 0.5% | ||
| Q4 24 | -45.1% | -8.9% | ||
| Q3 24 | -20.9% | -2.6% | ||
| Q2 24 | 15.9% | 1.6% | ||
| Q1 24 | 23.5% | 7.5% |
| Q4 25 | $-12.85 | $-0.34 | ||
| Q3 25 | $-11.35 | $0.19 | ||
| Q2 25 | $-6.88 | $0.09 | ||
| Q1 25 | $-4.91 | $0.03 | ||
| Q4 24 | $-13.64 | $-0.46 | ||
| Q3 24 | $-12.39 | $-0.13 | ||
| Q2 24 | $2.50 | $0.10 | ||
| Q1 24 | $5.99 | $0.52 |
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 | $156.7M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | $686.0M |
| Total Assets | $2.8B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $156.7M | ||
| Q3 25 | $81.9M | $191.5M | ||
| Q2 25 | $100.0M | $190.8M | ||
| Q1 25 | $85.8M | $180.3M | ||
| Q4 24 | $112.9M | $240.7M | ||
| Q3 24 | $119.7M | $254.6M | ||
| Q2 24 | $121.8M | $272.8M | ||
| Q1 24 | $111.1M | $278.1M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | $0 | ||
| Q2 25 | $2.6B | $0 | ||
| Q1 25 | $2.7B | $5.4M | ||
| Q4 24 | $2.6B | $5.4M | ||
| Q3 24 | $2.7B | $13.2M | ||
| Q2 24 | $2.8B | $13.2M | ||
| Q1 24 | $2.9B | $13.2M |
| Q4 25 | $-626.4M | $686.0M | ||
| Q3 25 | $-548.7M | $697.7M | ||
| Q2 25 | $-485.5M | $690.0M | ||
| Q1 25 | $-446.1M | $686.1M | ||
| Q4 24 | $-419.2M | $690.5M | ||
| Q3 24 | $-288.4M | $712.7M | ||
| Q2 24 | $-225.9M | $736.3M | ||
| Q1 24 | $-276.8M | $739.3M |
| Q4 25 | $2.8B | $1.1B | ||
| Q3 25 | $3.0B | $1.2B | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $3.1B | $1.1B | ||
| Q4 24 | $3.2B | $1.1B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.1B | ||
| Q1 24 | $3.5B | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | 0.02× |
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 | $-1.9M |
| Free Cash FlowOCF − Capex | $-86.8M | $-37.2M |
| FCF MarginFCF / Revenue | -33.5% | -13.9% |
| Capex IntensityCapex / Revenue | 27.5% | 13.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $-93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $-1.9M | ||
| Q3 25 | $5.5M | $22.0M | ||
| Q2 25 | $16.3M | $34.8M | ||
| Q1 25 | $-25.0M | $-38.9M | ||
| Q4 24 | $-23.6M | $13.9M | ||
| Q3 24 | $795.0K | $-15.3M | ||
| Q2 24 | $8.0M | $8.3M | ||
| Q1 24 | $-46.5M | $33.4M |
| Q4 25 | $-86.8M | $-37.2M | ||
| Q3 25 | $-226.0K | $-6.4M | ||
| Q2 25 | $-3.6M | $17.0M | ||
| Q1 25 | $-44.8M | $-66.4M | ||
| Q4 24 | $-131.6M | $-1.3M | ||
| Q3 24 | $-21.8M | $-32.9M | ||
| Q2 24 | $-22.9M | $-5.8M | ||
| Q1 24 | $-80.4M | $16.0M |
| Q4 25 | -33.5% | -13.9% | ||
| Q3 25 | -0.1% | -2.1% | ||
| Q2 25 | -1.2% | 5.6% | ||
| Q1 25 | -16.2% | -23.7% | ||
| Q4 24 | -47.8% | -0.5% | ||
| Q3 24 | -7.9% | -14.5% | ||
| Q2 24 | -7.2% | -2.0% | ||
| Q1 24 | -26.5% | 5.0% |
| Q4 25 | 27.5% | 13.2% | ||
| Q3 25 | 2.1% | 9.3% | ||
| Q2 25 | 6.6% | 5.8% | ||
| Q1 25 | 7.2% | 9.8% | ||
| Q4 24 | 39.2% | 6.3% | ||
| Q3 24 | 8.2% | 7.7% | ||
| Q2 24 | 9.8% | 4.8% | ||
| Q1 24 | 11.2% | 5.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 9.41× | ||
| Q1 25 | — | -29.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | 1.80× | ||
| Q1 24 | -0.65× | 1.39× |
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% |
MTUS
| Industrial Market Sector | $95.3M | 36% |
| Manufactured Components | $67.8M | 25% |
| Aerospace And Defense | $39.6M | 15% |
| Seamless Mechanical Tubing | $31.3M | 12% |
| Energy Market Sector | $18.3M | 7% |
| Other | $11.3M | 4% |
| Other Market Sector | $3.7M | 1% |
