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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
Smith Douglas Homes Corp. is the larger business by last-quarter revenue ($260.4M vs $259.0M, roughly 1.0× ASHFORD HOSPITALITY TRUST INC). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs -26.8%, a 28.1% gap on every dollar of revenue. On growth, ASHFORD HOSPITALITY TRUST INC posted the faster year-over-year revenue change (-6.0% vs -9.4%). Smith Douglas Homes Corp. produced more free cash flow last quarter ($8.7M vs $-86.8M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
AHT vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $260.4M |
| Net Profit | $-69.3M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | -2.6% | 6.5% |
| Net Margin | -26.8% | 1.4% |
| Revenue YoY | -6.0% | -9.4% |
| Net Profit YoY | 44.2% | -14.3% |
| EPS (diluted) | $-12.85 | $0.39 |
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 | $260.4M | ||
| Q3 25 | $266.1M | $262.0M | ||
| Q2 25 | $302.0M | $223.9M | ||
| Q1 25 | $277.4M | $224.7M | ||
| Q4 24 | $275.5M | $287.5M | ||
| Q3 24 | $276.6M | $277.8M | ||
| Q2 24 | $316.5M | $220.9M | ||
| Q1 24 | $303.9M | $189.2M |
| Q4 25 | $-69.3M | $3.5M | ||
| Q3 25 | $-60.1M | $2.1M | ||
| Q2 25 | $-30.4M | $2.4M | ||
| Q1 25 | $-20.0M | $2.7M | ||
| Q4 24 | $-124.2M | $4.1M | ||
| Q3 24 | $-57.9M | $5.3M | ||
| Q2 24 | $50.3M | $3.6M | ||
| Q1 24 | $71.6M | $3.0M |
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 26.1% |
| Q4 25 | -2.6% | 6.5% | ||
| Q3 25 | 4.6% | 6.6% | ||
| Q2 25 | 16.3% | 7.7% | ||
| Q1 25 | 22.2% | 8.7% | ||
| Q4 24 | -17.8% | 10.4% | ||
| Q3 24 | 7.3% | 14.2% | ||
| Q2 24 | 42.8% | 11.7% | ||
| Q1 24 | 50.2% | 11.3% |
| Q4 25 | -26.8% | 1.4% | ||
| Q3 25 | -22.6% | 0.8% | ||
| Q2 25 | -10.1% | 1.1% | ||
| Q1 25 | -7.2% | 1.2% | ||
| Q4 24 | -45.1% | 1.4% | ||
| Q3 24 | -20.9% | 1.9% | ||
| Q2 24 | 15.9% | 1.7% | ||
| Q1 24 | 23.5% | 1.6% |
| Q4 25 | $-12.85 | $0.39 | ||
| Q3 25 | $-11.35 | $0.24 | ||
| Q2 25 | $-6.88 | $0.26 | ||
| Q1 25 | $-4.91 | $0.30 | ||
| Q4 24 | $-13.64 | $0.50 | ||
| Q3 24 | $-12.39 | $0.58 | ||
| Q2 24 | $2.50 | $0.40 | ||
| Q1 24 | $5.99 | $0.33 |
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 | $12.7M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | $86.7M |
| Total Assets | $2.8B | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $12.7M | ||
| Q3 25 | $81.9M | $14.8M | ||
| Q2 25 | $100.0M | $16.8M | ||
| Q1 25 | $85.8M | $12.7M | ||
| Q4 24 | $112.9M | $22.4M | ||
| Q3 24 | $119.7M | $23.7M | ||
| Q2 24 | $121.8M | $17.3M | ||
| Q1 24 | $111.1M | $32.8M |
| 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 | $86.7M | ||
| Q3 25 | $-548.7M | $82.2M | ||
| Q2 25 | $-485.5M | $80.0M | ||
| Q1 25 | $-446.1M | $76.9M | ||
| Q4 24 | $-419.2M | $73.6M | ||
| Q3 24 | $-288.4M | $68.4M | ||
| Q2 24 | $-225.9M | $62.1M | ||
| Q1 24 | $-276.8M | $59.7M |
| Q4 25 | $2.8B | $557.6M | ||
| Q3 25 | $3.0B | $571.6M | ||
| Q2 25 | $3.1B | $570.2M | ||
| Q1 25 | $3.1B | $513.9M | ||
| Q4 24 | $3.2B | $475.9M | ||
| Q3 24 | $3.3B | $460.1M | ||
| Q2 24 | $3.3B | $429.3M | ||
| Q1 24 | $3.5B | $401.3M |
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 | $9.8M |
| Free Cash FlowOCF − Capex | $-86.8M | $8.7M |
| FCF MarginFCF / Revenue | -33.5% | 3.4% |
| Capex IntensityCapex / Revenue | 27.5% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $9.8M | ||
| Q3 25 | $5.5M | $22.8M | ||
| Q2 25 | $16.3M | $-28.9M | ||
| Q1 25 | $-25.0M | $-34.9M | ||
| Q4 24 | $-23.6M | $5.5M | ||
| Q3 24 | $795.0K | $22.9M | ||
| Q2 24 | $8.0M | $39.0K | ||
| Q1 24 | $-46.5M | $-9.3M |
| Q4 25 | $-86.8M | $8.7M | ||
| Q3 25 | $-226.0K | $21.4M | ||
| Q2 25 | $-3.6M | $-31.1M | ||
| Q1 25 | $-44.8M | $-35.9M | ||
| Q4 24 | $-131.6M | $4.8M | ||
| Q3 24 | $-21.8M | $22.3M | ||
| Q2 24 | $-22.9M | $-2.1M | ||
| Q1 24 | $-80.4M | $-9.7M |
| Q4 25 | -33.5% | 3.4% | ||
| Q3 25 | -0.1% | 8.2% | ||
| Q2 25 | -1.2% | -13.9% | ||
| Q1 25 | -16.2% | -16.0% | ||
| Q4 24 | -47.8% | 1.7% | ||
| Q3 24 | -7.9% | 8.0% | ||
| Q2 24 | -7.2% | -1.0% | ||
| Q1 24 | -26.5% | -5.1% |
| Q4 25 | 27.5% | 0.4% | ||
| Q3 25 | 2.1% | 0.5% | ||
| Q2 25 | 6.6% | 0.9% | ||
| Q1 25 | 7.2% | 0.5% | ||
| Q4 24 | 39.2% | 0.2% | ||
| Q3 24 | 8.2% | 0.2% | ||
| Q2 24 | 9.8% | 1.0% | ||
| Q1 24 | 11.2% | 0.2% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 10.70× | ||
| Q2 25 | — | -12.24× | ||
| Q1 25 | — | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | — | 4.28× | ||
| Q2 24 | 0.16× | 0.01× | ||
| Q1 24 | -0.65× | -3.12× |
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% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
