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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Solaris Energy Infrastructure, Inc. (SEI). 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 $196.2M, roughly 1.3× Solaris Energy Infrastructure, Inc.). Solaris Energy Infrastructure, Inc. runs the higher net margin — 16.3% vs -26.8%, a 43.1% gap on every dollar of revenue. On growth, Solaris Energy Infrastructure, Inc. posted the faster year-over-year revenue change (9.2% vs -6.0%). Over the past eight quarters, Solaris Energy Infrastructure, Inc.'s revenue compounded faster (63.0% 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.

AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use. It is one of the "big three" retailers in the National Electricity Market. AGL is Australia's largest electricity generator, and the nation's largest carbon emitter.

AHT vs SEI — Head-to-Head

Bigger by revenue
AHT
AHT
1.3× larger
AHT
$259.0M
$196.2M
SEI
Growing faster (revenue YoY)
SEI
SEI
+15.2% gap
SEI
9.2%
-6.0%
AHT
Higher net margin
SEI
SEI
43.1% more per $
SEI
16.3%
-26.8%
AHT
Faster 2-yr revenue CAGR
SEI
SEI
Annualised
SEI
63.0%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AHT
AHT
SEI
SEI
Revenue
$259.0M
$196.2M
Net Profit
$-69.3M
$32.1M
Gross Margin
Operating Margin
-2.6%
25.8%
Net Margin
-26.8%
16.3%
Revenue YoY
-6.0%
9.2%
Net Profit YoY
44.2%
1013.5%
EPS (diluted)
$-12.85
$0.32

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
SEI
SEI
Q1 26
$196.2M
Q4 25
$259.0M
$179.7M
Q3 25
$266.1M
$166.8M
Q2 25
$302.0M
$149.3M
Q1 25
$277.4M
$126.3M
Q4 24
$275.5M
$96.3M
Q3 24
$276.6M
$75.0M
Q2 24
$316.5M
$73.9M
Net Profit
AHT
AHT
SEI
SEI
Q1 26
$32.1M
Q4 25
$-69.3M
$-1.7M
Q3 25
$-60.1M
$14.6M
Q2 25
$-30.4M
$12.0M
Q1 25
$-20.0M
$5.3M
Q4 24
$-124.2M
$6.3M
Q3 24
$-57.9M
$-968.0K
Q2 24
$50.3M
$6.2M
Operating Margin
AHT
AHT
SEI
SEI
Q1 26
25.8%
Q4 25
-2.6%
22.2%
Q3 25
4.6%
22.7%
Q2 25
16.3%
23.8%
Q1 25
22.2%
17.5%
Q4 24
-17.8%
26.7%
Q3 24
7.3%
7.0%
Q2 24
42.8%
16.0%
Net Margin
AHT
AHT
SEI
SEI
Q1 26
16.3%
Q4 25
-26.8%
-0.9%
Q3 25
-22.6%
8.7%
Q2 25
-10.1%
8.0%
Q1 25
-7.2%
4.2%
Q4 24
-45.1%
6.5%
Q3 24
-20.9%
-1.3%
Q2 24
15.9%
8.4%
EPS (diluted)
AHT
AHT
SEI
SEI
Q1 26
$0.32
Q4 25
$-12.85
Q3 25
$-11.35
Q2 25
$-6.88
Q1 25
$-4.91
Q4 24
$-13.64
Q3 24
$-12.39
Q2 24
$2.50

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
SEI
SEI
Cash + ST InvestmentsLiquidity on hand
$66.1M
$344.5M
Total DebtLower is stronger
$2.5B
$395.4M
Stockholders' EquityBook value
$-626.4M
Total Assets
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
SEI
SEI
Q1 26
$344.5M
Q4 25
$66.1M
$353.3M
Q3 25
$81.9M
$106.7M
Q2 25
$100.0M
$99.6M
Q1 25
$85.8M
$16.7M
Q4 24
$112.9M
$114.3M
Q3 24
$119.7M
$18.6M
Q2 24
$121.8M
$5.1M
Total Debt
AHT
AHT
SEI
SEI
Q1 26
$395.4M
Q4 25
$2.5B
$184.0M
Q3 25
$2.6B
$382.8M
Q2 25
$2.6B
$386.2M
Q1 25
$2.7B
$316.2M
Q4 24
$2.6B
$315.7M
Q3 24
$2.7B
$315.3M
Q2 24
$2.8B
Stockholders' Equity
AHT
AHT
SEI
SEI
Q1 26
Q4 25
$-626.4M
$564.3M
Q3 25
$-548.7M
$546.6M
Q2 25
$-485.5M
$399.1M
Q1 25
$-446.1M
$361.3M
Q4 24
$-419.2M
$355.6M
Q3 24
$-288.4M
$221.7M
Q2 24
$-225.9M
$204.6M
Total Assets
AHT
AHT
SEI
SEI
Q1 26
Q4 25
$2.8B
$2.1B
Q3 25
$3.0B
$1.6B
Q2 25
$3.1B
$1.5B
Q1 25
$3.1B
$1.1B
Q4 24
$3.2B
$1.1B
Q3 24
$3.3B
$939.5M
Q2 24
$3.3B
$457.8M
Debt / Equity
AHT
AHT
SEI
SEI
Q1 26
Q4 25
0.33×
Q3 25
0.70×
Q2 25
0.97×
Q1 25
0.88×
Q4 24
0.89×
Q3 24
1.42×
Q2 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
SEI
SEI
Operating Cash FlowLast quarter
$-15.7M
Free Cash FlowOCF − Capex
$-86.8M
FCF MarginFCF / Revenue
-33.5%
Capex IntensityCapex / Revenue
27.5%
175.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-135.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
SEI
SEI
Q1 26
Q4 25
$-15.7M
$95.9M
Q3 25
$5.5M
$63.3M
Q2 25
$16.3M
$24.2M
Q1 25
$-25.0M
$25.7M
Q4 24
$-23.6M
$13.1M
Q3 24
$795.0K
$10.5M
Q2 24
$8.0M
$18.9M
Free Cash Flow
AHT
AHT
SEI
SEI
Q1 26
Q4 25
$-86.8M
$-158.6M
Q3 25
$-226.0K
$462.0K
Q2 25
$-3.6M
$-160.9M
Q1 25
$-44.8M
$-118.6M
Q4 24
$-131.6M
$-113.6M
Q3 24
$-21.8M
$-47.2M
Q2 24
$-22.9M
$18.2M
FCF Margin
AHT
AHT
SEI
SEI
Q1 26
Q4 25
-33.5%
-88.2%
Q3 25
-0.1%
0.3%
Q2 25
-1.2%
-107.8%
Q1 25
-16.2%
-93.9%
Q4 24
-47.8%
-117.9%
Q3 24
-7.9%
-63.0%
Q2 24
-7.2%
24.7%
Capex Intensity
AHT
AHT
SEI
SEI
Q1 26
175.0%
Q4 25
27.5%
141.6%
Q3 25
2.1%
37.6%
Q2 25
6.6%
124.0%
Q1 25
7.2%
114.2%
Q4 24
39.2%
131.5%
Q3 24
8.2%
77.0%
Q2 24
9.8%
0.9%
Cash Conversion
AHT
AHT
SEI
SEI
Q1 26
Q4 25
Q3 25
4.35×
Q2 25
2.02×
Q1 25
4.83×
Q4 24
2.10×
Q3 24
Q2 24
0.16×
3.04×

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%

SEI
SEI

Leasing revenue$105.4M54%
Service revenue$90.9M46%

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