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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and TOOTSIE ROLL INDUSTRIES INC (TR). 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 $196.3M, roughly 1.3× TOOTSIE ROLL INDUSTRIES INC). TOOTSIE ROLL INDUSTRIES INC runs the higher net margin — 14.7% vs -26.8%, a 41.4% gap on every dollar of revenue. On growth, TOOTSIE ROLL INDUSTRIES INC posted the faster year-over-year revenue change (1.5% vs -6.0%). TOOTSIE ROLL INDUSTRIES INC produced more free cash flow last quarter ($61.0M vs $-86.8M). Over the past eight quarters, TOOTSIE ROLL INDUSTRIES INC's revenue compounded faster (13.2% 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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

AHT vs TR — Head-to-Head

Bigger by revenue
AHT
AHT
1.3× larger
AHT
$259.0M
$196.3M
TR
Growing faster (revenue YoY)
TR
TR
+7.5% gap
TR
1.5%
-6.0%
AHT
Higher net margin
TR
TR
41.4% more per $
TR
14.7%
-26.8%
AHT
More free cash flow
TR
TR
$147.8M more FCF
TR
$61.0M
$-86.8M
AHT
Faster 2-yr revenue CAGR
TR
TR
Annualised
TR
13.2%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AHT
AHT
TR
TR
Revenue
$259.0M
$196.3M
Net Profit
$-69.3M
$28.8M
Gross Margin
35.7%
Operating Margin
-2.6%
17.0%
Net Margin
-26.8%
14.7%
Revenue YoY
-6.0%
1.5%
Net Profit YoY
44.2%
27.9%
EPS (diluted)
$-12.85

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
TR
TR
Q4 25
$259.0M
$196.3M
Q3 25
$266.1M
$232.7M
Q2 25
$302.0M
$155.1M
Q1 25
$277.4M
$148.5M
Q4 24
$275.5M
$193.4M
Q3 24
$276.6M
$225.9M
Q2 24
$316.5M
$150.7M
Q1 24
$303.9M
$153.2M
Net Profit
AHT
AHT
TR
TR
Q4 25
$-69.3M
$28.8M
Q3 25
$-60.1M
$35.7M
Q2 25
$-30.4M
$17.5M
Q1 25
$-20.0M
$18.1M
Q4 24
$-124.2M
$22.5M
Q3 24
$-57.9M
$32.8M
Q2 24
$50.3M
$15.6M
Q1 24
$71.6M
$15.8M
Gross Margin
AHT
AHT
TR
TR
Q4 25
35.7%
Q3 25
34.1%
Q2 25
36.4%
Q1 25
35.3%
Q4 24
39.1%
Q3 24
34.1%
Q2 24
33.5%
Q1 24
32.7%
Operating Margin
AHT
AHT
TR
TR
Q4 25
-2.6%
17.0%
Q3 25
4.6%
13.9%
Q2 25
16.3%
7.8%
Q1 25
22.2%
15.5%
Q4 24
-17.8%
20.0%
Q3 24
7.3%
15.6%
Q2 24
42.8%
10.2%
Q1 24
50.2%
7.3%
Net Margin
AHT
AHT
TR
TR
Q4 25
-26.8%
14.7%
Q3 25
-22.6%
15.3%
Q2 25
-10.1%
11.3%
Q1 25
-7.2%
12.2%
Q4 24
-45.1%
11.6%
Q3 24
-20.9%
14.5%
Q2 24
15.9%
10.4%
Q1 24
23.5%
10.3%
EPS (diluted)
AHT
AHT
TR
TR
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
Q1 24
$5.99

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
TR
TR
Cash + ST InvestmentsLiquidity on hand
$66.1M
$176.6M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$-626.4M
$941.0M
Total Assets
$2.8B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
TR
TR
Q4 25
$66.1M
$176.6M
Q3 25
$81.9M
$119.8M
Q2 25
$100.0M
$170.5M
Q1 25
$85.8M
$176.6M
Q4 24
$112.9M
$194.6M
Q3 24
$119.7M
$163.2M
Q2 24
$121.8M
$131.2M
Q1 24
$111.1M
$159.4M
Total Debt
AHT
AHT
TR
TR
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
Stockholders' Equity
AHT
AHT
TR
TR
Q4 25
$-626.4M
$941.0M
Q3 25
$-548.7M
$918.9M
Q2 25
$-485.5M
$893.1M
Q1 25
$-446.1M
$879.4M
Q4 24
$-419.2M
$870.7M
Q3 24
$-288.4M
$870.2M
Q2 24
$-225.9M
$841.4M
Q1 24
$-276.8M
$834.4M
Total Assets
AHT
AHT
TR
TR
Q4 25
$2.8B
$1.3B
Q3 25
$3.0B
$1.2B
Q2 25
$3.1B
$1.2B
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
$1.1B

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
TR
TR
Operating Cash FlowLast quarter
$-15.7M
$73.3M
Free Cash FlowOCF − Capex
$-86.8M
$61.0M
FCF MarginFCF / Revenue
-33.5%
31.1%
Capex IntensityCapex / Revenue
27.5%
6.3%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$96.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
TR
TR
Q4 25
$-15.7M
$73.3M
Q3 25
$5.5M
$62.2M
Q2 25
$16.3M
$-8.5M
Q1 25
$-25.0M
$3.6M
Q4 24
$-23.6M
$68.8M
Q3 24
$795.0K
$61.3M
Q2 24
$8.0M
$-12.6M
Q1 24
$-46.5M
$21.4M
Free Cash Flow
AHT
AHT
TR
TR
Q4 25
$-86.8M
$61.0M
Q3 25
$-226.0K
$50.7M
Q2 25
$-3.6M
$-16.0M
Q1 25
$-44.8M
$750.0K
Q4 24
$-131.6M
$64.7M
Q3 24
$-21.8M
$55.8M
Q2 24
$-22.9M
$-16.6M
Q1 24
$-80.4M
$16.9M
FCF Margin
AHT
AHT
TR
TR
Q4 25
-33.5%
31.1%
Q3 25
-0.1%
21.8%
Q2 25
-1.2%
-10.3%
Q1 25
-16.2%
0.5%
Q4 24
-47.8%
33.5%
Q3 24
-7.9%
24.7%
Q2 24
-7.2%
-11.0%
Q1 24
-26.5%
11.0%
Capex Intensity
AHT
AHT
TR
TR
Q4 25
27.5%
6.3%
Q3 25
2.1%
5.0%
Q2 25
6.6%
4.8%
Q1 25
7.2%
1.9%
Q4 24
39.2%
2.1%
Q3 24
8.2%
2.4%
Q2 24
9.8%
2.6%
Q1 24
11.2%
2.9%
Cash Conversion
AHT
AHT
TR
TR
Q4 25
2.55×
Q3 25
1.74×
Q2 25
-0.49×
Q1 25
0.20×
Q4 24
3.06×
Q3 24
1.87×
Q2 24
0.16×
-0.81×
Q1 24
-0.65×
1.35×

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%

TR
TR

Products$194.3M99%
Rental And Royalty$1.9M1%

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