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Ashford Hospitality TrustAHT +2.03%42 Earnings Yield (Joel Greenblatt) % is 2.70% as of Mar. 2026, which is at its 10-year median of 2.70. GuruFocus rates AHT with a GF Score™ of 42/100 and a GF Value™ of $6.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 960 REITs companies, Ashford Hospitality Trust ranks worse than 58.02% on this metric.
Ashford Hospitality Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $2,545 Mil.
Ashford Hospitality Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $69 Mil. Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.70%.
The historical rank and industry rank for Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AHT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.53 Med: 2.7 Max: 13.04
Current: 2.7
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ashford Hospitality Trust was 13.04%. The lowest was -10.53%. And the median was 2.70%.
AHT's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.02% of 960
companies
in the REITs industry
Industry Median: 3.465
vs AHT: 2.70
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ashford Hospitality Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Ashford Hospitality Trust Earnings Yield (Joel Greenblatt) % Related Terms
Ashford Hospitality Trust Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Hotel & Motel subindustry, Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ashford Hospitality Trust Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Ashford Hospitality Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Ashford Hospitality Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $69 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.70% mean?
Ashford Hospitality Trust (AHT) has a Earnings Yield (Joel Greenblatt) % of 2.70% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ashford Hospitality Trust and its competitors. This is near median its historical median of 2.70. According to the industry distribution chart, Ashford Hospitality Trust ranks #557 out of 960 companies in the REITs industry, placing it in the top 58%.
Is Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) % too high?
Ashford Hospitality Trust's current Earnings Yield (Joel Greenblatt) % of 2.70% is near median its 10-year median of 2.70. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.47. Ashford Hospitality Trust's value of 2.70% is 22.1% below this industry median. Based on the distribution chart, Ashford Hospitality Trust ranks #557 out of 960 companies in the REITs industry, which is below the industry midpoint. Overall, Ashford Hospitality Trust has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ashford Hospitality Trust's Earnings Yield (Joel Greenblatt) % compare to IHT and HST?
According to the REITs industry distribution chart, Ashford Hospitality Trust ranks #557 out of 960 companies for Earnings Yield (Joel Greenblatt) %. This places Ashford Hospitality Trust in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.47. Ashford Hospitality Trust's value of 2.70% is 22.1% below this benchmark. While the company's 10-year median is 2.70 vs. the industry median of 3.47, Ashford Hospitality Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.47, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashford Hospitality Trust's current Earnings Yield (Joel Greenblatt) % of 2.70% is 22.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ashford Hospitality Trust and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashford Hospitality Trust's current Earnings Yield (Joel Greenblatt) % is 2.70%, which is near median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashford Hospitality Trust stock overvalued right now?
Based on GuruFocus' analysis, Ashford Hospitality Trust (AHT) is currently considered Possible Value Trap. The stock's GF Value™ is $6.02, compared to a current price of $3.12 — trading 48.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.70%, which is near median its 10-year median of 2.70 and 22.1% below the REITs industry median of 3.47. Ashford Hospitality Trust's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ashford Hospitality Trust (AHT), the current Earnings Yield (Joel Greenblatt) % is 2.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ashford Hospitality Trust (AHT) Overvalued in 2026?
Based on GuruFocus' analysis, Ashford Hospitality Trust stock appears to be undervalued.
The current stock price of $3.12 is trading 48.1% below its estimated GF Value™ of $6.02.
GuruFocus considers Ashford Hospitality Trust to be Possible Value Trap.
Key valuation signals for AHT:
Earnings Yield (Joel Greenblatt) %: 2.70% (near median its 10-year median of 2.70)
GF Value™: $6.02 vs. price of $3.12 (48.1% below fair value)
Industry Position: 22.1% below the REITs median (#557 of 960)
No single metric tells the full story. See the AHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashford Hospitality Trust Inc is a real estate investment trust (REIT) operating in the hotel lodging industry. The company's portfolio consists of upscale and upper upscale full-service hotels, with its investment focused on acquiring and investing in upper upscale full-service hotels in the United States that have revenue per available room (RevPAR) generally less than twice the U.S. national average, through direct real estate ownership as well as equity and debt investments. Its hotel properties are mainly branded under internationally recognized names such as Hilton, Hyatt, Marriott, and InterContinental Hotels Group. It operates through a single reportable business segment, direct hotel investments, which involves owning hotel properties through acquisitions or new development.
42GF Score
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