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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and XPLR Infrastructure, LP (XIFR). 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 $249.0M, roughly 1.0× XPLR Infrastructure, LP). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs -26.8%, a 38.0% gap on every dollar of revenue. On growth, ASHFORD HOSPITALITY TRUST INC posted the faster year-over-year revenue change (-6.0% vs -15.3%). ASHFORD HOSPITALITY TRUST INC produced more free cash flow last quarter ($-86.8M vs $-88.0M). Over the past eight quarters, XPLR Infrastructure, LP's revenue compounded faster (-1.6% 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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
AHT vs XIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $249.0M |
| Net Profit | $-69.3M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | -2.6% | -19.3% |
| Net Margin | -26.8% | 11.2% |
| Revenue YoY | -6.0% | -15.3% |
| Net Profit YoY | 44.2% | 124.3% |
| 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.
| Q4 25 | $259.0M | $249.0M | ||
| Q3 25 | $266.1M | $315.0M | ||
| Q2 25 | $302.0M | $342.0M | ||
| Q1 25 | $277.4M | $282.0M | ||
| Q4 24 | $275.5M | $294.0M | ||
| Q3 24 | $276.6M | $319.0M | ||
| Q2 24 | $316.5M | $360.0M | ||
| Q1 24 | $303.9M | $257.0M |
| Q4 25 | $-69.3M | $28.0M | ||
| Q3 25 | $-60.1M | $-37.0M | ||
| Q2 25 | $-30.4M | $79.0M | ||
| Q1 25 | $-20.0M | $-98.0M | ||
| Q4 24 | $-124.2M | $-115.0M | ||
| Q3 24 | $-57.9M | $-40.0M | ||
| Q2 24 | $50.3M | $62.0M | ||
| Q1 24 | $71.6M | $70.0M |
| Q4 25 | -2.6% | -19.3% | ||
| Q3 25 | 4.6% | 1.6% | ||
| Q2 25 | 16.3% | 26.3% | ||
| Q1 25 | 22.2% | -82.6% | ||
| Q4 24 | -17.8% | -188.1% | ||
| Q3 24 | 7.3% | 15.4% | ||
| Q2 24 | 42.8% | 18.3% | ||
| Q1 24 | 50.2% | -8.2% |
| Q4 25 | -26.8% | 11.2% | ||
| Q3 25 | -22.6% | -11.7% | ||
| Q2 25 | -10.1% | 23.1% | ||
| Q1 25 | -7.2% | -34.8% | ||
| Q4 24 | -45.1% | -39.1% | ||
| Q3 24 | -20.9% | -12.5% | ||
| Q2 24 | 15.9% | 17.2% | ||
| Q1 24 | 23.5% | 27.2% |
| Q4 25 | $-12.85 | — | ||
| Q3 25 | $-11.35 | $-0.40 | ||
| Q2 25 | $-6.88 | $0.84 | ||
| Q1 25 | $-4.91 | $-1.05 | ||
| Q4 24 | $-13.64 | — | ||
| Q3 24 | $-12.39 | $-0.43 | ||
| Q2 24 | $2.50 | $0.66 | ||
| Q1 24 | $5.99 | $0.75 |
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 | $960.0M |
| Total DebtLower is stronger | $2.5B | $6.2B |
| Stockholders' EquityBook value | $-626.4M | $10.9B |
| Total Assets | $2.8B | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $960.0M | ||
| Q3 25 | $81.9M | $711.0M | ||
| Q2 25 | $100.0M | $880.0M | ||
| Q1 25 | $85.8M | $1.5B | ||
| Q4 24 | $112.9M | $283.0M | ||
| Q3 24 | $119.7M | $290.0M | ||
| Q2 24 | $121.8M | $281.0M | ||
| Q1 24 | $111.1M | $245.0M |
| Q4 25 | $2.5B | $6.2B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | $5.3B | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.9B | — |
| Q4 25 | $-626.4M | $10.9B | ||
| Q3 25 | $-548.7M | $11.0B | ||
| Q2 25 | $-485.5M | $11.3B | ||
| Q1 25 | $-446.1M | $12.6B | ||
| Q4 24 | $-419.2M | $12.9B | ||
| Q3 24 | $-288.4M | $13.6B | ||
| Q2 24 | $-225.9M | $13.9B | ||
| Q1 24 | $-276.8M | $14.0B |
| Q4 25 | $2.8B | $19.6B | ||
| Q3 25 | $3.0B | $19.1B | ||
| Q2 25 | $3.1B | $20.5B | ||
| Q1 25 | $3.1B | $21.4B | ||
| Q4 24 | $3.2B | $20.3B | ||
| Q3 24 | $3.3B | $20.9B | ||
| Q2 24 | $3.3B | $21.7B | ||
| Q1 24 | $3.5B | $22.3B |
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $186.0M |
| Free Cash FlowOCF − Capex | $-86.8M | $-88.0M |
| FCF MarginFCF / Revenue | -33.5% | -35.3% |
| Capex IntensityCapex / Revenue | 27.5% | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $186.0M | ||
| Q3 25 | $5.5M | $231.0M | ||
| Q2 25 | $16.3M | $232.0M | ||
| Q1 25 | $-25.0M | $90.0M | ||
| Q4 24 | $-23.6M | $283.0M | ||
| Q3 24 | $795.0K | $208.0M | ||
| Q2 24 | $8.0M | $231.0M | ||
| Q1 24 | $-46.5M | $78.0M |
| Q4 25 | $-86.8M | $-88.0M | ||
| Q3 25 | $-226.0K | $-283.0M | ||
| Q2 25 | $-3.6M | $151.0M | ||
| Q1 25 | $-44.8M | $1.0M | ||
| Q4 24 | $-131.6M | $231.0M | ||
| Q3 24 | $-21.8M | $152.0M | ||
| Q2 24 | $-22.9M | $162.0M | ||
| Q1 24 | $-80.4M | $14.0M |
| Q4 25 | -33.5% | -35.3% | ||
| Q3 25 | -0.1% | -89.8% | ||
| Q2 25 | -1.2% | 44.2% | ||
| Q1 25 | -16.2% | 0.4% | ||
| Q4 24 | -47.8% | 78.6% | ||
| Q3 24 | -7.9% | 47.6% | ||
| Q2 24 | -7.2% | 45.0% | ||
| Q1 24 | -26.5% | 5.4% |
| Q4 25 | 27.5% | 110.0% | ||
| Q3 25 | 2.1% | 163.2% | ||
| Q2 25 | 6.6% | 23.7% | ||
| Q1 25 | 7.2% | 31.6% | ||
| Q4 24 | 39.2% | 17.7% | ||
| Q3 24 | 8.2% | 17.6% | ||
| Q2 24 | 9.8% | 19.2% | ||
| Q1 24 | 11.2% | 24.9% |
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.94× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | 3.73× | ||
| Q1 24 | -0.65× | 1.11× |
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% |
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
