American Assets Trust, Inc. (AAT)

American Assets Trust Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	24	71.37	72.82	64.69	55.88	36.59
Depreciation & Amortization	129.13	127.31	125.46	119.5	123.34	116.31
Stock-Based Compensation	7.41	7.4	7.11	8.84	8.69	8.49
Other Adjustments	6.01	-37.92	-1.17	-3.3	-8.3	-12.68
Change in Receivables	-0.24	0.73	-1.79	-0.87	-0.4	2.27
Changes in Accounts Payable	2.81	-1.16	5.58	0.77	-1.24	15.33
Changes in Other Operating Activities	0.12	-0.61	-0.9	-0.88	1.11	2.02
Operating Cash Flow	168.84	167.12	207.11	188.75	179.07	168.33
Operating Cash Flow Growth	-10.76%	-19.31%	9.72%	5.41%	6.38%	32.56%
Capital Expenditures	-86.43	-148.3	-77.41	-89.89	-166.32	-312.24
Sale of Property, Plant & Equipment	-	117.78	-	-	-	-
Purchases of Investments	-	-	-	-	-	-47.76
Proceeds from Sale of Investments	-	-	-	-	-	47.72
Investing Cash Flow	-86.43	-30.52	-77.41	-89.89	-166.32	-312.28
Short-Term Debt Issued	-	-	100	-	36	-
Short-Term Debt Repaid	-	-	-100	-36	-	-100
Net Short-Term Debt Issued (Repaid)	-	-	0	-36	36	-100
Long-Term Debt Issued	-	-	523.27	225	75	494.68
Long-Term Debt Repaid	-	-325	-200	-150	-111	-155.38
Net Long-Term Debt Issued (Repaid)	-	-325	323.27	75	-36	339.3
Repurchase of Common Stock	-	-2.39	-1.45	-0.83	-0.76	-0.87
Net Common Stock Issued (Repurchased)	-	-2.39	-1.45	-0.83	-0.76	-0.87
Common Dividends Paid	-105.34	-105.25	-103.37	-101.57	-98.25	-88.94
Other Financing Activities	-0.25	-0.25	-5.39	-2.15	-3.7	-5.08
Financing Cash Flow	-107.98	-432.9	213.07	-65.55	-102.7	144.42
Net Cash Flow	-25.58	-296.3	342.77	33.32	-89.95	0.48
Free Cash Flow	82.41	18.82	129.7	98.86	12.75	-143.91
Free Cash Flow Growth	337.97%	-85.49%	31.19%	675.34%	-	-
FCF Margin	18.81%	4.31%	28.33%	22.41%	3.02%	-38.29%
Free Cash Flow Per Share	1.07	0.25	1.70	1.30	0.17	-1.89
Levered Free Cash Flow	63.88	-292.11	432.8	118.88	0.4	89.09
Unlevered Free Cash Flow	145.43	123.18	181.93	151.25	71.63	-78.72

Updated May 1, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q