ASHFORD HOSPITALITY TRUST, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | 7.6% | -6.4% |
| FY2011 | — | 10.9% | 0.2% |
| FY2012 | — | 12.4% | -5.8% |
| FY2013 | — | 12.4% | -4.4% |
| FY2014 | — | 9.6% | -4.0% |
| FY2015 | — | 10.3% | 20.3% |
| FY2016 | 37.1% | 12.6% | -3.1% |
| FY2017 | 37.0% | 10.4% | -4.7% |
| FY2018 | 37.1% | 6.3% | -8.9% |
| FY2019 | 36.6% | 7.6% | -7.6% |