American Assets Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	410.49	423.61	419.37	402.51	360.21
Service and Other Revenue	25.71	34.24	21.79	20.14	15.62
Revenue	436.2	457.86	441.16	422.65	375.83
Revenue Growth (YoY)	-4.73%	3.78%	4.38%	12.46%	9.07%
Property Expenses	124.6	123.5	118.8	107.65	86.98
Total Property Expenses	124.6	123.5	118.8	107.65	86.98
Property Taxes	44.99	44.22	45.16	44.79	42.79
Gross Profit	266.61	290.13	277.21	270.22	246.05
Selling, General & Admin	37.84	35.47	35.96	32.14	29.88
Depreciation & Amortization Expenses	127.31	125.46	119.5	123.34	116.31
Operating Income	145.93	129.2	121.75	114.73	99.87
Net Gains on Disposal of Properties	44.48	-	-	-	-
Interest Expense	-78.12	-74.53	-64.71	-58.23	-58.59
Other Non-Operating Income (Expense)	3.56	18.15	7.65	-0.63	-4.69
Total Non-Operating Income (Expense)	-30.09	-56.38	-57.06	-58.86	-63.28
Pretax Income	115.85	72.82	64.69	55.88	36.59
Net Income	55.65	56.8	50.38	43.51	28.38
Minority Interest in Earnings	15.72	16.02	14.31	12.37	8.22
Net Income to Common	55.65	56.8	50.38	43.51	28.38
Net Income Growth	-2.02%	12.74%	15.80%	53.32%	2.59%
Shares Outstanding (Basic)	61	60	60	76	60
Shares Outstanding (Diluted)	77	77	76	76	76
Shares Change (YoY)	0.29%	0.23%	0.14%	0.08%	0.07%
EPS (Basic)	0.92	0.94	0.84	0.72	0.47
EPS (Diluted)	0.92	0.94	0.84	0.72	0.47
EPS Growth	-2.13%	11.91%	16.67%	53.19%	2.17%
Shares Outstanding	61.39	61.14	60.9	60.72	60.53
Free Cash Flow	18.82	129.7	98.86	12.75	-143.91
Free Cash Flow Growth	-85.49%	31.19%	675.34%	-	-
Free Cash Flow Per Share	0.25	1.70	1.30	0.17	-1.89
Dividends Per Share	1.360	1.340	1.320	1.280	1.160
Dividend Growth	1.49%	1.52%	3.13%	10.35%	16.00%
Gross Margin	61.12%	63.37%	62.84%	63.93%	65.47%
Operating Margin	33.45%	28.22%	27.60%	27.15%	26.57%
Profit Margin	16.36%	15.90%	14.66%	13.22%	9.74%
FCF Margin	4.31%	28.33%	22.41%	3.02%	-38.29%
EBITDA	273.24	254.66	241.25	238.07	216.18
EBITDA Margin	62.64%	55.62%	54.68%	56.33%	57.52%
EBIT	145.93	129.2	121.75	114.73	99.87
EBIT Margin	33.45%	28.22%	27.60%	27.15%	26.57%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q