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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Zeta Global Holdings Corp. (ZETA). Click either name above to swap in a different company.
Zeta Global Holdings Corp. is the larger business by last-quarter revenue ($394.6M vs $259.0M, roughly 1.5× ASHFORD HOSPITALITY TRUST INC). Zeta Global Holdings Corp. runs the higher net margin — 1.7% vs -26.8%, a 28.4% gap on every dollar of revenue. On growth, Zeta Global Holdings Corp. posted the faster year-over-year revenue change (25.4% vs -6.0%). Zeta Global Holdings Corp. produced more free cash flow last quarter ($60.9M vs $-86.8M). Over the past eight quarters, Zeta Global Holdings Corp.'s revenue compounded faster (42.3% 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.
Zeta Global Holdings Corp. is an American marketing technology company which was founded in 2007. Zeta offers companies a suite of multichannel marketing tools focused on creating, maintaining, and monetizing customer relationships. The company went public on the New York Stock Exchange on June 10, 2021, at a US$1.7 billion valuation.
AHT vs ZETA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $394.6M |
| Net Profit | $-69.3M | $6.5M |
| Gross Margin | — | 59.5% |
| Operating Margin | -2.6% | 4.5% |
| Net Margin | -26.8% | 1.7% |
| Revenue YoY | -6.0% | 25.4% |
| Net Profit YoY | 44.2% | -57.1% |
| EPS (diluted) | $-12.85 | $0.04 |
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 | $394.6M | ||
| Q3 25 | $266.1M | $337.2M | ||
| Q2 25 | $302.0M | $308.4M | ||
| Q1 25 | $277.4M | $264.4M | ||
| Q4 24 | $275.5M | $314.7M | ||
| Q3 24 | $276.6M | $268.3M | ||
| Q2 24 | $316.5M | $227.8M | ||
| Q1 24 | $303.9M | $194.9M |
| Q4 25 | $-69.3M | $6.5M | ||
| Q3 25 | $-60.1M | $-3.6M | ||
| Q2 25 | $-30.4M | $-12.8M | ||
| Q1 25 | $-20.0M | $-21.6M | ||
| Q4 24 | $-124.2M | $15.2M | ||
| Q3 24 | $-57.9M | $-17.4M | ||
| Q2 24 | $50.3M | $-28.1M | ||
| Q1 24 | $71.6M | $-39.6M |
| Q4 25 | — | 59.5% | ||
| Q3 25 | — | 60.5% | ||
| Q2 25 | — | 62.1% | ||
| Q1 25 | — | 60.9% | ||
| Q4 24 | — | 60.0% | ||
| Q3 24 | — | 60.6% | ||
| Q2 24 | — | 60.0% | ||
| Q1 24 | — | 60.6% |
| Q4 25 | -2.6% | 4.5% | ||
| Q3 25 | 4.6% | 2.6% | ||
| Q2 25 | 16.3% | -1.7% | ||
| Q1 25 | 22.2% | -6.1% | ||
| Q4 24 | -17.8% | 2.2% | ||
| Q3 24 | 7.3% | -4.6% | ||
| Q2 24 | 42.8% | -11.7% | ||
| Q1 24 | 50.2% | -18.4% |
| Q4 25 | -26.8% | 1.7% | ||
| Q3 25 | -22.6% | -1.1% | ||
| Q2 25 | -10.1% | -4.2% | ||
| Q1 25 | -7.2% | -8.2% | ||
| Q4 24 | -45.1% | 4.8% | ||
| Q3 24 | -20.9% | -6.5% | ||
| Q2 24 | 15.9% | -12.3% | ||
| Q1 24 | 23.5% | -20.3% |
| Q4 25 | $-12.85 | $0.04 | ||
| Q3 25 | $-11.35 | $-0.02 | ||
| Q2 25 | $-6.88 | $-0.06 | ||
| Q1 25 | $-4.91 | $-0.10 | ||
| Q4 24 | $-13.64 | $0.10 | ||
| Q3 24 | $-12.39 | $-0.09 | ||
| Q2 24 | $2.50 | $-0.16 | ||
| Q1 24 | $5.99 | $-0.23 |
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 | $319.8M |
| Total DebtLower is stronger | $2.5B | $197.1M |
| Stockholders' EquityBook value | $-626.4M | $804.6M |
| Total Assets | $2.8B | $1.5B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $319.8M | ||
| Q3 25 | $81.9M | $385.2M | ||
| Q2 25 | $100.0M | $365.3M | ||
| Q1 25 | $85.8M | $364.4M | ||
| Q4 24 | $112.9M | $366.2M | ||
| Q3 24 | $119.7M | $418.5M | ||
| Q2 24 | $121.8M | $154.7M | ||
| Q1 24 | $111.1M | $141.6M |
| Q4 25 | $2.5B | $197.1M | ||
| Q3 25 | $2.6B | $196.9M | ||
| Q2 25 | $2.6B | $196.7M | ||
| Q1 25 | $2.7B | $196.5M | ||
| Q4 24 | $2.6B | $196.3M | ||
| Q3 24 | $2.7B | $196.1M | ||
| Q2 24 | $2.8B | $184.4M | ||
| Q1 24 | $2.9B | $184.2M |
| Q4 25 | $-626.4M | $804.6M | ||
| Q3 25 | $-548.7M | $689.2M | ||
| Q2 25 | $-485.5M | $673.3M | ||
| Q1 25 | $-446.1M | $676.6M | ||
| Q4 24 | $-419.2M | $676.8M | ||
| Q3 24 | $-288.4M | $474.9M | ||
| Q2 24 | $-225.9M | $217.0M | ||
| Q1 24 | $-276.8M | $191.6M |
| Q4 25 | $2.8B | $1.5B | ||
| Q3 25 | $3.0B | $1.2B | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $3.1B | $1.1B | ||
| Q4 24 | $3.2B | $1.1B | ||
| Q3 24 | $3.3B | $869.1M | ||
| Q2 24 | $3.3B | $583.9M | ||
| Q1 24 | $3.5B | $550.3M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.85× | ||
| Q1 24 | — | 0.96× |
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 | $64.1M |
| Free Cash FlowOCF − Capex | $-86.8M | $60.9M |
| FCF MarginFCF / Revenue | -33.5% | 15.4% |
| Capex IntensityCapex / Revenue | 27.5% | 0.8% |
| Cash ConversionOCF / Net Profit | — | 9.81× |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $185.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $64.1M | ||
| Q3 25 | $5.5M | $57.9M | ||
| Q2 25 | $16.3M | $42.0M | ||
| Q1 25 | $-25.0M | $34.8M | ||
| Q4 24 | $-23.6M | $43.7M | ||
| Q3 24 | $795.0K | $34.4M | ||
| Q2 24 | $8.0M | $31.1M | ||
| Q1 24 | $-46.5M | $24.7M |
| Q4 25 | $-86.8M | $60.9M | ||
| Q3 25 | $-226.0K | $52.4M | ||
| Q2 25 | $-3.6M | $39.7M | ||
| Q1 25 | $-44.8M | $32.1M | ||
| Q4 24 | $-131.6M | $35.4M | ||
| Q3 24 | $-21.8M | $29.5M | ||
| Q2 24 | $-22.9M | $24.4M | ||
| Q1 24 | $-80.4M | $18.9M |
| Q4 25 | -33.5% | 15.4% | ||
| Q3 25 | -0.1% | 15.6% | ||
| Q2 25 | -1.2% | 12.9% | ||
| Q1 25 | -16.2% | 12.1% | ||
| Q4 24 | -47.8% | 11.3% | ||
| Q3 24 | -7.9% | 11.0% | ||
| Q2 24 | -7.2% | 10.7% | ||
| Q1 24 | -26.5% | 9.7% |
| Q4 25 | 27.5% | 0.8% | ||
| Q3 25 | 2.1% | 1.6% | ||
| Q2 25 | 6.6% | 0.8% | ||
| Q1 25 | 7.2% | 1.0% | ||
| Q4 24 | 39.2% | 2.6% | ||
| Q3 24 | 8.2% | 1.8% | ||
| Q2 24 | 9.8% | 3.0% | ||
| Q1 24 | 11.2% | 3.0% |
| Q4 25 | — | 9.81× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.87× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | — | ||
| 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% |
ZETA
Segment breakdown not available.
