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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and TRIMAS CORP (TRS). 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 $256.5M, roughly 1.0× TRIMAS CORP). TRIMAS CORP runs the higher net margin — 31.9% vs -26.8%, a 58.6% gap on every dollar of revenue. On growth, TRIMAS CORP posted the faster year-over-year revenue change (3.8% vs -6.0%). TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $-86.8M). Over the past eight quarters, TRIMAS CORP's revenue compounded faster (3.3% 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.

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

AHT vs TRS — Head-to-Head

Bigger by revenue
AHT
AHT
1.0× larger
AHT
$259.0M
$256.5M
TRS
Growing faster (revenue YoY)
TRS
TRS
+9.8% gap
TRS
3.8%
-6.0%
AHT
Higher net margin
TRS
TRS
58.6% more per $
TRS
31.9%
-26.8%
AHT
More free cash flow
TRS
TRS
$123.6M more FCF
TRS
$36.8M
$-86.8M
AHT
Faster 2-yr revenue CAGR
TRS
TRS
Annualised
TRS
3.3%
-7.7%
AHT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AHT
AHT
TRS
TRS
Revenue
$259.0M
$256.5M
Net Profit
$-69.3M
$81.7M
Gross Margin
12.8%
Operating Margin
-2.6%
5.7%
Net Margin
-26.8%
31.9%
Revenue YoY
-6.0%
3.8%
Net Profit YoY
44.2%
236.9%
EPS (diluted)
$-12.85
$2.03

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
TRS
TRS
Q1 26
$256.5M
Q4 25
$259.0M
$-140.0M
Q3 25
$266.1M
$269.3M
Q2 25
$302.0M
$274.8M
Q1 25
$277.4M
$241.7M
Q4 24
$275.5M
$-66.2M
Q3 24
$276.6M
$229.4M
Q2 24
$316.5M
$240.5M
Net Profit
AHT
AHT
TRS
TRS
Q1 26
$81.7M
Q4 25
$-69.3M
$81.7M
Q3 25
$-60.1M
$9.3M
Q2 25
$-30.4M
$16.7M
Q1 25
$-20.0M
$12.4M
Q4 24
$-124.2M
$5.6M
Q3 24
$-57.9M
$2.5M
Q2 24
$50.3M
$10.9M
Gross Margin
AHT
AHT
TRS
TRS
Q1 26
12.8%
Q4 25
Q3 25
12.8%
Q2 25
13.8%
Q1 25
13.6%
Q4 24
Q3 24
15.4%
Q2 24
14.4%
Operating Margin
AHT
AHT
TRS
TRS
Q1 26
5.7%
Q4 25
-2.6%
Q3 25
4.6%
6.2%
Q2 25
16.3%
9.9%
Q1 25
22.2%
9.0%
Q4 24
-17.8%
Q3 24
7.3%
3.6%
Q2 24
42.8%
7.4%
Net Margin
AHT
AHT
TRS
TRS
Q1 26
31.9%
Q4 25
-26.8%
-58.4%
Q3 25
-22.6%
3.5%
Q2 25
-10.1%
6.1%
Q1 25
-7.2%
5.1%
Q4 24
-45.1%
-8.5%
Q3 24
-20.9%
1.1%
Q2 24
15.9%
4.5%
EPS (diluted)
AHT
AHT
TRS
TRS
Q1 26
$2.03
Q4 25
$-12.85
$2.01
Q3 25
$-11.35
$0.23
Q2 25
$-6.88
$0.41
Q1 25
$-4.91
$0.30
Q4 24
$-13.64
$0.14
Q3 24
$-12.39
$0.06
Q2 24
$2.50
$0.27

Balance Sheet & Financial Strength

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

Metric
AHT
AHT
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$66.1M
$30.0M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$-626.4M
$705.6M
Total Assets
$2.8B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AHT
AHT
TRS
TRS
Q1 26
$30.0M
Q4 25
$66.1M
$30.0M
Q3 25
$81.9M
$33.6M
Q2 25
$100.0M
$30.3M
Q1 25
$85.8M
$32.7M
Q4 24
$112.9M
$23.1M
Q3 24
$119.7M
$26.9M
Q2 24
$121.8M
$35.0M
Total Debt
AHT
AHT
TRS
TRS
Q1 26
Q4 25
$2.5B
$469.2M
Q3 25
$2.6B
$407.1M
Q2 25
$2.6B
$424.5M
Q1 25
$2.7B
$434.2M
Q4 24
$2.6B
$398.1M
Q3 24
$2.7B
$409.9M
Q2 24
$2.8B
$427.4M
Stockholders' Equity
AHT
AHT
TRS
TRS
Q1 26
$705.6M
Q4 25
$-626.4M
$705.6M
Q3 25
$-548.7M
$725.0M
Q2 25
$-485.5M
$715.3M
Q1 25
$-446.1M
$686.6M
Q4 24
$-419.2M
$667.3M
Q3 24
$-288.4M
$682.8M
Q2 24
$-225.9M
$675.9M
Total Assets
AHT
AHT
TRS
TRS
Q1 26
$1.5B
Q4 25
$2.8B
$1.5B
Q3 25
$3.0B
$1.4B
Q2 25
$3.1B
$1.4B
Q1 25
$3.1B
$1.4B
Q4 24
$3.2B
$1.3B
Q3 24
$3.3B
$1.4B
Q2 24
$3.3B
$1.4B
Debt / Equity
AHT
AHT
TRS
TRS
Q1 26
Q4 25
0.66×
Q3 25
0.56×
Q2 25
0.59×
Q1 25
0.63×
Q4 24
0.60×
Q3 24
0.60×
Q2 24
0.63×

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
TRS
TRS
Operating Cash FlowLast quarter
$-15.7M
$117.5M
Free Cash FlowOCF − Capex
$-86.8M
$36.8M
FCF MarginFCF / Revenue
-33.5%
14.4%
Capex IntensityCapex / Revenue
27.5%
18.9%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$-135.5M
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AHT
AHT
TRS
TRS
Q1 26
$117.5M
Q4 25
$-15.7M
$41.5M
Q3 25
$5.5M
$36.5M
Q2 25
$16.3M
$30.3M
Q1 25
$-25.0M
$9.2M
Q4 24
$-23.6M
$27.1M
Q3 24
$795.0K
$22.0M
Q2 24
$8.0M
$18.4M
Free Cash Flow
AHT
AHT
TRS
TRS
Q1 26
$36.8M
Q4 25
$-86.8M
$36.8M
Q3 25
$-226.0K
$22.8M
Q2 25
$-3.6M
$13.2M
Q1 25
$-44.8M
$-3.8M
Q4 24
$-131.6M
$12.1M
Q3 24
$-21.8M
$10.2M
Q2 24
$-22.9M
$7.5M
FCF Margin
AHT
AHT
TRS
TRS
Q1 26
14.4%
Q4 25
-33.5%
-26.3%
Q3 25
-0.1%
8.5%
Q2 25
-1.2%
4.8%
Q1 25
-16.2%
-1.6%
Q4 24
-47.8%
-18.3%
Q3 24
-7.9%
4.4%
Q2 24
-7.2%
3.1%
Capex Intensity
AHT
AHT
TRS
TRS
Q1 26
18.9%
Q4 25
27.5%
-3.4%
Q3 25
2.1%
5.1%
Q2 25
6.6%
6.2%
Q1 25
7.2%
5.4%
Q4 24
39.2%
-22.6%
Q3 24
8.2%
5.2%
Q2 24
9.8%
4.5%
Cash Conversion
AHT
AHT
TRS
TRS
Q1 26
1.44×
Q4 25
0.51×
Q3 25
3.92×
Q2 25
1.81×
Q1 25
0.74×
Q4 24
4.80×
Q3 24
8.71×
Q2 24
0.16×
1.68×

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%

TRS
TRS

Segment breakdown not available.

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