American Assets Trust, Inc. (AAT)
NYSE: AAT · Real-Time Price · USD
22.03
+0.40 (1.85%)
Oct 29, 2026, 12:13 PM EDT - Market open
American Assets Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Rental Revenue | 419.62 | 410.49 | 423.61 | 419.37 | 402.51 | 360.21 |
Other Revenue | 20.48 | 21.37 | 29.73 | 17.4 | 16.06 | 12.83 |
| 440.11 | 431.87 | 453.34 | 436.78 | 418.57 | 373.04 | |
Revenue Growth (YoY | 1.14% | -4.74% | 3.79% | 4.35% | 12.21% | 9.04% |
Property Expenses | 166.16 | 162.71 | 160.16 | 156.09 | 145.97 | 125.2 |
Selling, General & Administrative | 39.09 | 40.39 | 38.52 | 39.45 | 34.52 | 31.66 |
Depreciation & Amortization | 130.07 | 127.31 | 125.46 | 119.5 | 123.34 | 116.31 |
Total Operating Expenses | 335.32 | 330.41 | 324.14 | 315.03 | 303.83 | 273.17 |
Operating Income | 104.79 | 101.46 | 129.2 | 121.75 | 114.73 | 99.87 |
Interest Expense | -79.39 | -78.12 | -74.53 | -64.71 | -58.23 | -58.59 |
Interest & Investment Income | 2.85 | 4.33 | 9.03 | 2.18 | 0.23 | 0.32 |
Other Non-Operating Income | 0.29 | - | 10 | 6.52 | - | -0 |
EBT Excluding Unusual Items | 28.54 | 27.66 | 73.71 | 65.73 | 56.73 | 41.6 |
Gain (Loss) on Sale of Assets | - | 44.48 | - | - | - | - |
Other Unusual Items | - | - | - | - | - | -4.27 |
Pretax Income | 28.54 | 72.14 | 73.71 | 65.73 | 56.73 | 37.33 |
Income Tax Expense | 0.77 | 0.77 | 0.89 | 1.04 | 0.85 | 0.74 |
Earnings From Continuing Operations | 27.77 | 71.37 | 72.82 | 64.69 | 55.88 | 36.59 |
Minority Interest in Earnings | -6.59 | -15.72 | -16.02 | -14.31 | -12.37 | -8.22 |
Net Income | 21.18 | 55.65 | 56.8 | 50.38 | 43.51 | 28.38 |
Net Income to Common | 21.18 | 55.65 | 56.8 | 50.38 | 43.51 | 28.38 |
Net Income Growth | -65.54% | -2.02% | 12.74% | 15.80% | 53.32% | 2.59% |
Basic Shares Outstanding | 61 | 61 | 60 | 60 | 60 | 60 |
Diluted Shares Outstanding | 77 | 77 | 77 | 76 | 76 | 76 |
Shares Change | 0.23% | 0.29% | 0.23% | 0.14% | 0.08% | 0.07% |
EPS (Basic) | 0.35 | 0.92 | 0.94 | 0.84 | 0.72 | 0.47 |
EPS (Diluted) | 0.35 | 0.92 | 0.94 | 0.84 | 0.72 | 0.47 |
EPS Growth | -65.64% | -2.38% | 12.42% | 15.58% | 53.17% | 2.27% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Dividend Per Share | 1.360 | 1.360 | 1.340 | 1.320 | 1.280 | 1.160 |
Dividend Growth | 0.37% | 1.49% | 1.52% | 3.13% | 10.35% | 16.00% |
Operating Margin | 23.81% | 23.49% | 28.50% | 27.87% | 27.41% | 26.77% |
Profit Margin | 4.81% | 12.88% | 12.53% | 11.53% | 10.39% | 7.61% |
EBITDA | 230.62 | 226.64 | 251.98 | 238.16 | 234.77 | 212.94 |
EBITDA Margin | 52.40% | 52.48% | 55.58% | 54.53% | 56.09% | 57.08% |
D&A For Ebitda | 125.83 | 125.19 | 122.78 | 116.41 | 120.03 | 113.07 |
EBIT | 104.79 | 101.46 | 129.2 | 121.75 | 114.73 | 99.87 |
EBIT Margin | 23.81% | 23.49% | 28.50% | 27.87% | 27.41% | 26.77% |
Funds From Operations (FFO) | 156.98 | 153.45 | 197.53 | 183.44 | 178.57 | 152.34 |
FFO Per Share | 2.04 | 2.00 | 2.58 | 2.40 | 2.34 | 2.00 |
Adjusted Funds From Operations (AFFO) | 93.73 | 98.26 | 132.16 | 183.44 | 178.57 | 152.34 |
AFFO Per Share | 1.22 | 1.28 | 1.73 | 2.40 | 2.34 | 2.00 |
FFO Payout Ratio | - | 54.25% | 41.35% | 43.73% | 43.42% | 46.06% |
Effective Tax Rate | 2.70% | 1.07% | 1.20% | 1.58% | 1.50% | 1.98% |
Revenue as Reported | 444.45 | 436.2 | 457.86 | 441.16 | 422.65 | 375.83 |