American Assets Trust, Inc. (AAT)
NYSE: AAT · Real-Time Price · USD
22.83
+0.31 (1.38%)
At close: Aug 7, 2026, 4:00 PM EDT
22.85
+0.02 (0.09%)
After-hours: Aug 7, 2026, 4:49 PM EDT

American Assets Trust Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
439.74436.2457.86441.16422.65375.83
Revenue Growth
-2.89%-4.73%3.78%4.38%12.46%9.07%
Gross Profit
266.55266.61290.13277.21270.22246.05
Operating Income
100.11145.93129.2121.75114.7399.87
Net Income
17.9755.6556.850.3843.5128.38
Earnings Per Share
0.290.920.940.840.720.47
EPS Growth
-76.23%-2.13%11.91%16.67%53.19%2.17%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Office
207.42206.04215.78207.86203.39186.37
Retail
94.3395.12109.04104.77100.9194.66
Multifamily
70.6268.9665.3761.8358.1452.32
Mixed-Use
67.3766.0867.6766.7160.2142.49
Total
439.74436.2457.86441.16422.65375.83

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
109.7129.36425.6682.8949.57139.52
Total Debt
1,6881,6882,0111,6901,6481,649
Net Cash (Debt)
-1,578-1,558-1,585-1,607-1,599-1,510
Net Cash Growth
------
Net Cash Per Share
-20.55-20.31-20.71-21.05-20.97-19.82

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
168.56167.12207.11188.75179.07168.33
Capital Expenditures
-89.81-148.3-77.41-89.89-166.32-312.24
Free Cash Flow
78.7518.82129.798.8612.75-143.91
Free Cash Flow Growth
228.97%-85.49%31.19%675.34%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
60.61%61.12%63.37%62.84%63.93%65.47%
Operating Margin
22.77%33.45%28.22%27.60%27.15%26.57%
Pretax Margin
5.38%26.56%15.90%14.66%13.22%9.74%
Profit Margin
5.38%16.36%15.90%14.66%13.22%9.74%
FCF Margin
17.91%4.31%28.33%22.41%3.02%-38.29%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.3601.3601.3401.3201.2801.160
Dividend Per Share Growth
0.37%1.49%1.52%3.13%10.35%16.00%
Dividend Yield
5.96%9.18%6.52%7.50%4.86%3.95%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
77.0620.5827.9426.8036.8179.85
P/FCF Ratio
22.4961.7612.3813.87126.19-
PS Ratio
4.072.663.513.113.816.04