vs

Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Sarepta Therapeutics, Inc. (SRPT). Click either name above to swap in a different company.

Sarepta Therapeutics, Inc. is the larger business by last-quarter revenue ($369.6M vs $259.0M, roughly 1.4× ASHFORD HOSPITALITY TRUST INC). ASHFORD HOSPITALITY TRUST INC runs the higher net margin — -26.8% vs -111.5%, a 84.8% gap on every dollar of revenue. On growth, ASHFORD HOSPITALITY TRUST INC posted the faster year-over-year revenue change (-6.0% vs -42.1%). Sarepta Therapeutics, Inc. produced more free cash flow last quarter ($127.6M vs $-86.8M). Over the past eight quarters, Sarepta Therapeutics, Inc.'s revenue compounded faster (1.4% 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.

Sarepta Therapeutics, Inc. is a medical research and drug development company with corporate offices and research facilities in Cambridge, Massachusetts, United States. Incorporated in 1980 as AntiVirals, shortly before going public the company changed its name from AntiVirals to AVI BioPharma soon with stock symbol AVII and in July 2012 changed name from AVI BioPharma to Sarepta Therapeutics and SRPT respectively. As of 2023, the company has four approved drugs.

AHT vs SRPT — Head-to-Head

Bigger by revenue
SRPT
SRPT
1.4× larger
SRPT
$369.6M
$259.0M
AHT
Growing faster (revenue YoY)
AHT
AHT
+36.1% gap
AHT
-6.0%
-42.1%
SRPT
Higher net margin
AHT
AHT
84.8% more per $
AHT
-26.8%
-111.5%
SRPT
More free cash flow
SRPT
SRPT
$214.4M more FCF
SRPT
$127.6M
$-86.8M
AHT
Faster 2-yr revenue CAGR
SRPT
SRPT
Annualised
SRPT
1.4%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AHT
AHT
SRPT
SRPT
Revenue
$259.0M
$369.6M
Net Profit
$-69.3M
$-412.2M
Gross Margin
Operating Margin
-2.6%
-111.4%
Net Margin
-26.8%
-111.5%
Revenue YoY
-6.0%
-42.1%
Net Profit YoY
44.2%
-359.2%
EPS (diluted)
$-12.85
$-3.92

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
SRPT
SRPT
Q4 25
$259.0M
$369.6M
Q3 25
$266.1M
$370.0M
Q2 25
$302.0M
$513.1M
Q1 25
$277.4M
$611.5M
Q4 24
$275.5M
$638.2M
Q3 24
$276.6M
$429.8M
Q2 24
$316.5M
$360.5M
Q1 24
$303.9M
$359.5M
Net Profit
AHT
AHT
SRPT
SRPT
Q4 25
$-69.3M
$-412.2M
Q3 25
$-60.1M
$-50.6M
Q2 25
$-30.4M
$196.9M
Q1 25
$-20.0M
$-447.5M
Q4 24
$-124.2M
$159.0M
Q3 24
$-57.9M
$33.6M
Q2 24
$50.3M
$6.5M
Q1 24
$71.6M
$36.1M
Gross Margin
AHT
AHT
SRPT
SRPT
Q4 25
Q3 25
59.3%
Q2 25
70.3%
Q1 25
77.5%
Q4 24
Q3 24
78.7%
Q2 24
87.6%
Q1 24
85.9%
Operating Margin
AHT
AHT
SRPT
SRPT
Q4 25
-2.6%
-111.4%
Q3 25
4.6%
-27.9%
Q2 25
16.3%
22.5%
Q1 25
22.2%
-49.1%
Q4 24
-17.8%
25.3%
Q3 24
7.3%
5.2%
Q2 24
42.8%
-0.2%
Q1 24
50.2%
9.7%
Net Margin
AHT
AHT
SRPT
SRPT
Q4 25
-26.8%
-111.5%
Q3 25
-22.6%
-13.7%
Q2 25
-10.1%
38.4%
Q1 25
-7.2%
-73.2%
Q4 24
-45.1%
24.9%
Q3 24
-20.9%
7.8%
Q2 24
15.9%
1.8%
Q1 24
23.5%
10.0%
EPS (diluted)
AHT
AHT
SRPT
SRPT
Q4 25
$-12.85
$-3.92
Q3 25
$-11.35
$-0.50
Q2 25
$-6.88
$1.89
Q1 25
$-4.91
$-4.60
Q4 24
$-13.64
$1.56
Q3 24
$-12.39
$0.34
Q2 24
$2.50
$0.07
Q1 24
$5.99
$0.37

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
SRPT
SRPT
Cash + ST InvestmentsLiquidity on hand
$66.1M
$939.6M
Total DebtLower is stronger
$2.5B
$829.0M
Stockholders' EquityBook value
$-626.4M
$1.1B
Total Assets
$2.8B
$3.3B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
SRPT
SRPT
Q4 25
$66.1M
$939.6M
Q3 25
$81.9M
$851.0M
Q2 25
$100.0M
$800.1M
Q1 25
$85.8M
$522.8M
Q4 24
$112.9M
$1.4B
Q3 24
$119.7M
$1.2B
Q2 24
$121.8M
$1.5B
Q1 24
$111.1M
$1.4B
Total Debt
AHT
AHT
SRPT
SRPT
Q4 25
$2.5B
$829.0M
Q3 25
$2.6B
$140.5M
Q2 25
$2.6B
Q1 25
$2.7B
Q4 24
$2.6B
$1.1B
Q3 24
$2.7B
$1.2B
Q2 24
$2.8B
$1.2B
Q1 24
$2.9B
$1.2B
Stockholders' Equity
AHT
AHT
SRPT
SRPT
Q4 25
$-626.4M
$1.1B
Q3 25
$-548.7M
$1.3B
Q2 25
$-485.5M
$1.4B
Q1 25
$-446.1M
$1.1B
Q4 24
$-419.2M
$1.5B
Q3 24
$-288.4M
$1.2B
Q2 24
$-225.9M
$1.1B
Q1 24
$-276.8M
$961.2M
Total Assets
AHT
AHT
SRPT
SRPT
Q4 25
$2.8B
$3.3B
Q3 25
$3.0B
$3.5B
Q2 25
$3.1B
$3.7B
Q1 25
$3.1B
$3.5B
Q4 24
$3.2B
$4.0B
Q3 24
$3.3B
$3.6B
Q2 24
$3.3B
$3.4B
Q1 24
$3.5B
$3.2B
Debt / Equity
AHT
AHT
SRPT
SRPT
Q4 25
0.73×
Q3 25
0.11×
Q2 25
Q1 25
Q4 24
0.74×
Q3 24
1.01×
Q2 24
1.14×
Q1 24
1.29×

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
SRPT
SRPT
Operating Cash FlowLast quarter
$-15.7M
$131.2M
Free Cash FlowOCF − Capex
$-86.8M
$127.6M
FCF MarginFCF / Revenue
-33.5%
34.5%
Capex IntensityCapex / Revenue
27.5%
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$-307.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
SRPT
SRPT
Q4 25
$-15.7M
$131.2M
Q3 25
$5.5M
$-14.6M
Q2 25
$16.3M
$261.3M
Q1 25
$-25.0M
$-583.4M
Q4 24
$-23.6M
$92.0M
Q3 24
$795.0K
$-70.7M
Q2 24
$8.0M
$14.9M
Q1 24
$-46.5M
$-242.1M
Free Cash Flow
AHT
AHT
SRPT
SRPT
Q4 25
$-86.8M
$127.6M
Q3 25
$-226.0K
$-37.5M
Q2 25
$-3.6M
$229.5M
Q1 25
$-44.8M
$-627.1M
Q4 24
$-131.6M
$54.0M
Q3 24
$-21.8M
$-108.0M
Q2 24
$-22.9M
$-14.2M
Q1 24
$-80.4M
$-274.5M
FCF Margin
AHT
AHT
SRPT
SRPT
Q4 25
-33.5%
34.5%
Q3 25
-0.1%
-10.1%
Q2 25
-1.2%
44.7%
Q1 25
-16.2%
-102.5%
Q4 24
-47.8%
8.5%
Q3 24
-7.9%
-25.1%
Q2 24
-7.2%
-3.9%
Q1 24
-26.5%
-76.4%
Capex Intensity
AHT
AHT
SRPT
SRPT
Q4 25
27.5%
1.0%
Q3 25
2.1%
6.2%
Q2 25
6.6%
6.2%
Q1 25
7.2%
7.1%
Q4 24
39.2%
6.0%
Q3 24
8.2%
8.7%
Q2 24
9.8%
8.1%
Q1 24
11.2%
9.0%
Cash Conversion
AHT
AHT
SRPT
SRPT
Q4 25
Q3 25
Q2 25
1.33×
Q1 25
Q4 24
0.58×
Q3 24
-2.10×
Q2 24
0.16×
2.31×
Q1 24
-0.65×
-6.70×

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%

SRPT
SRPT

Pmo Products$202.5M55%
Elevidys$110.4M30%
Other$56.7M15%

Related Comparisons