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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.
EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $259.0M, roughly 1.5× ASHFORD HOSPITALITY TRUST INC). EXPRO GROUP HOLDINGS N.V. runs the higher net margin — 1.5% vs -26.8%, a 28.3% gap on every dollar of revenue. On growth, ASHFORD HOSPITALITY TRUST INC posted the faster year-over-year revenue change (-6.0% vs -12.5%). EXPRO GROUP HOLDINGS N.V. produced more free cash flow last quarter ($23.2M vs $-86.8M). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% 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.
Expro is an energy services provider headquartered in Houston, Texas, United States.
AHT vs XPRO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $382.1M |
| Net Profit | $-69.3M | $5.8M |
| Gross Margin | — | — |
| Operating Margin | -2.6% | 3.1% |
| Net Margin | -26.8% | 1.5% |
| Revenue YoY | -6.0% | -12.5% |
| Net Profit YoY | 44.2% | -74.9% |
| EPS (diluted) | $-12.85 | $0.05 |
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 | $382.1M | ||
| Q3 25 | $266.1M | $411.4M | ||
| Q2 25 | $302.0M | $422.7M | ||
| Q1 25 | $277.4M | $390.9M | ||
| Q4 24 | $275.5M | $436.8M | ||
| Q3 24 | $276.6M | $422.8M | ||
| Q2 24 | $316.5M | $469.6M | ||
| Q1 24 | $303.9M | $383.5M |
| Q4 25 | $-69.3M | $5.8M | ||
| Q3 25 | $-60.1M | $14.0M | ||
| Q2 25 | $-30.4M | $18.0M | ||
| Q1 25 | $-20.0M | $13.9M | ||
| Q4 24 | $-124.2M | $23.0M | ||
| Q3 24 | $-57.9M | $16.3M | ||
| Q2 24 | $50.3M | $15.3M | ||
| Q1 24 | $71.6M | $-2.7M |
| Q4 25 | -2.6% | 3.1% | ||
| Q3 25 | 4.6% | 6.4% | ||
| Q2 25 | 16.3% | 7.7% | ||
| Q1 25 | 22.2% | 2.6% | ||
| Q4 24 | -17.8% | 7.3% | ||
| Q3 24 | 7.3% | 6.2% | ||
| Q2 24 | 42.8% | 5.9% | ||
| Q1 24 | 50.2% | 2.2% |
| Q4 25 | -26.8% | 1.5% | ||
| Q3 25 | -22.6% | 3.4% | ||
| Q2 25 | -10.1% | 4.3% | ||
| Q1 25 | -7.2% | 3.6% | ||
| Q4 24 | -45.1% | 5.3% | ||
| Q3 24 | -20.9% | 3.8% | ||
| Q2 24 | 15.9% | 3.3% | ||
| Q1 24 | 23.5% | -0.7% |
| Q4 25 | $-12.85 | $0.05 | ||
| Q3 25 | $-11.35 | $0.12 | ||
| Q2 25 | $-6.88 | $0.16 | ||
| Q1 25 | $-4.91 | $0.12 | ||
| Q4 24 | $-13.64 | $0.20 | ||
| Q3 24 | $-12.39 | $0.14 | ||
| Q2 24 | $2.50 | $0.13 | ||
| Q1 24 | $5.99 | $-0.02 |
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 | $196.1M |
| Total DebtLower is stronger | $2.5B | $79.1M |
| Stockholders' EquityBook value | $-626.4M | $1.5B |
| Total Assets | $2.8B | $2.3B |
| Debt / EquityLower = less leverage | — | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $196.1M | ||
| Q3 25 | $81.9M | $197.9M | ||
| Q2 25 | $100.0M | $206.8M | ||
| Q1 25 | $85.8M | $179.3M | ||
| Q4 24 | $112.9M | $183.0M | ||
| Q3 24 | $119.7M | $165.7M | ||
| Q2 24 | $121.8M | $133.5M | ||
| Q1 24 | $111.1M | $163.2M |
| Q4 25 | $2.5B | $79.1M | ||
| Q3 25 | $2.6B | $99.1M | ||
| Q2 25 | $2.6B | $121.1M | ||
| Q1 25 | $2.7B | $121.1M | ||
| Q4 24 | $2.6B | $121.1M | ||
| Q3 24 | $2.7B | $121.1M | ||
| Q2 24 | $2.8B | $121.1M | ||
| Q1 24 | $2.9B | $40.0M |
| Q4 25 | $-626.4M | $1.5B | ||
| Q3 25 | $-548.7M | $1.5B | ||
| Q2 25 | $-485.5M | $1.5B | ||
| Q1 25 | $-446.1M | $1.5B | ||
| Q4 24 | $-419.2M | $1.5B | ||
| Q3 24 | $-288.4M | $1.5B | ||
| Q2 24 | $-225.9M | $1.5B | ||
| Q1 24 | $-276.8M | $1.3B |
| Q4 25 | $2.8B | $2.3B | ||
| Q3 25 | $3.0B | $2.3B | ||
| Q2 25 | $3.1B | $2.3B | ||
| Q1 25 | $3.1B | $2.3B | ||
| Q4 24 | $3.2B | $2.3B | ||
| Q3 24 | $3.3B | $2.3B | ||
| Q2 24 | $3.3B | $2.3B | ||
| Q1 24 | $3.5B | $2.0B |
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | — | 0.08× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.03× |
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 | $57.1M |
| Free Cash FlowOCF − Capex | $-86.8M | $23.2M |
| FCF MarginFCF / Revenue | -33.5% | 6.1% |
| Capex IntensityCapex / Revenue | 27.5% | 8.9% |
| Cash ConversionOCF / Net Profit | — | 9.89× |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $97.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $57.1M | ||
| Q3 25 | $5.5M | $63.2M | ||
| Q2 25 | $16.3M | $48.4M | ||
| Q1 25 | $-25.0M | $41.5M | ||
| Q4 24 | $-23.6M | $97.4M | ||
| Q3 24 | $795.0K | $55.3M | ||
| Q2 24 | $8.0M | $-13.2M | ||
| Q1 24 | $-46.5M | $29.9M |
| Q4 25 | $-86.8M | $23.2M | ||
| Q3 25 | $-226.0K | $39.0M | ||
| Q2 25 | $-3.6M | $27.2M | ||
| Q1 25 | $-44.8M | $8.4M | ||
| Q4 24 | $-131.6M | $53.0M | ||
| Q3 24 | $-21.8M | $23.3M | ||
| Q2 24 | $-22.9M | $-49.5M | ||
| Q1 24 | $-80.4M | $-801.0K |
| Q4 25 | -33.5% | 6.1% | ||
| Q3 25 | -0.1% | 9.5% | ||
| Q2 25 | -1.2% | 6.4% | ||
| Q1 25 | -16.2% | 2.1% | ||
| Q4 24 | -47.8% | 12.1% | ||
| Q3 24 | -7.9% | 5.5% | ||
| Q2 24 | -7.2% | -10.5% | ||
| Q1 24 | -26.5% | -0.2% |
| Q4 25 | 27.5% | 8.9% | ||
| Q3 25 | 2.1% | 5.9% | ||
| Q2 25 | 6.6% | 5.0% | ||
| Q1 25 | 7.2% | 8.5% | ||
| Q4 24 | 39.2% | 10.2% | ||
| Q3 24 | 8.2% | 7.6% | ||
| Q2 24 | 9.8% | 7.7% | ||
| Q1 24 | 11.2% | 8.0% |
| Q4 25 | — | 9.89× | ||
| Q3 25 | — | 4.52× | ||
| Q2 25 | — | 2.69× | ||
| Q1 25 | — | 2.98× | ||
| Q4 24 | — | 4.23× | ||
| Q3 24 | — | 3.40× | ||
| Q2 24 | 0.16× | -0.86× | ||
| Q1 24 | -0.65× | — |
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% |
XPRO
| NLA | $130.3M | 34% |
| ESSA | $116.3M | 30% |
| MENA | $93.0M | 24% |
| Other | $42.5M | 11% |
