ASHFORD HOSPITALITY TRUST, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.49B | $1.34B | $794.8M | $939.5M | $919.7M | $860.0M | $808.9M |
| Cost of Revenue | $907.3M | $938.4M | — | — | — | — | — | — |
| Gross Profit | $532.0M | $553.6M | — | — | — | — | — | — |
| Gross Margin | 37.0% | 37.1% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $13.3M | $8.4M | $14.3M | $57.2M | $52.8M | $44.1M | $44.5M | $30.6M |
| Operating Income | $149.0M | $187.3M | $137.9M | $76.7M | $116.9M | $114.1M | $93.9M | $61.8M |
| Operating Margin | 10.4% | 12.6% | 10.3% | 9.6% | 12.4% | 12.4% | 10.9% | 7.6% |
| Interest Expense | $222.6M | $224.0M | $187.5M | $114.5M | $140.9M | $144.8M | $137.2M | $139.3M |
| Pretax Income | $-91.0M | $-57.3M | $310.5M | $-40.5M | $-46.9M | $-56.4M | $9.4M | $-26.3M |
| Income Tax Expense | $-2.2M | $1.5M | $4.7M | $1.3M | $1.5M | $2.4M | $1.6M | $-155.0K |
| Net Income | $-67.0M | $-46.3M | $270.9M | $-31.4M | $-41.3M | $-53.8M | $2.1M | $-51.7M |
| Net Margin | -4.7% | -3.1% | 20.3% | -4.0% | -4.4% | -5.8% | 0.2% | -6.4% |
| EPS (Basic) | $-0.09 | $-0.07 | $0.17 | $-0.05 | $-0.07 | $-0.09 | $-0.05 | $-0.10 |
| EPS (Diluted) | $-0.09 | $-0.07 | $0.17 | $-0.05 | $-0.07 | $-0.09 | $-0.05 | $-0.10 |
| Shares Outstanding (Basic) | 1.33B | 1.32B | 1.35B | 1.23B | 1.05B | — | — | — |
| Shares Outstanding (Diluted) | 1.33B | 1.32B | 1.61B | 1.23B | 1.05B | 945.5M | 867.4M | 716.2M |
| Dividends Per Share | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 |