American Assets Trust, Inc. AAT R2K
Company Overview
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nations most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. Its office portfolio comprises approximately 4.3 million rentable square feet, and its retail portfolio comprises approximately 2.4 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,302 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. American Assets Trust, Inc. is headquartered in San Diego, California. American Assets Trust, Inc. was incorporated in 1967 in Maryland and based in San Diego, California.
Why Investors Should Care
Operating margin of 23.6% supports profitability.
Offers a dividend yield of 5.57%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $436.20M (-4.7% YoY); net profit $71.37M.
- Trailing 12 Months Year-on-year growth — revenue +1.8%, earnings -88.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.1%, profit CAGR 8.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.06% |
| 1 Year: | 1.80% |
Compounded Profit Growth
| 5 Years: | 8.50% |
| 1 Year: | -88.00% |
Stock Price Performance
| 1 Year: | +26.16% |
| 6 Months: | +37.99% |
| 3 Months: | +30.17% |
| 1 Month: | +2.90% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)65.66 · Neutral
P/E of 83.93 is above the sector median of 27.36 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 5.57%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 83.9.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AAT American Assets Trust, Inc. R2K | 25.18 | 83.93 | $1.55B | 5.57% | 5.34% | 2.16% | 1.06% | 8.50% |
| 2 | WELL Welltower Inc. SPX | 236.00 | 113.46 | $166.60B | 1.25% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 142.49 | 35.71 | $132.85B | 2.88% | - | 6.84% | 14.83% | 36.55% |
| 4 | EQIX Equinix, Inc. SPX | 1,023.54 | 70.74 | $100.95B | 1.87% | 5.10% | 10.06% | 16.33% | 16.02% |
| 5 | AMT American Tower Corporation SPX | 168.83 | 27.23 | $78.66B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 221.28 | 15.38 | $71.76B | 4.02% | - | 113.59% | 3.14% | 14.02% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 173.11 | 45.80 | $60.83B | 2.65% | - | 5.69% | 15.18% | 18.41% |
| 8 | O Realty Income Corporation SPX | 63.77 | 52.27 | $59.47B | 5.18% | - | 2.83% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPX | 318.93 | 32.95 | $55.99B | 3.68% | - | 20.18% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 11.01M | - | 9.78M | 9.53M | 10.96M | - | 9.64M | 9.47M | 11.26M | - | 8.12M | 1.14M | 4.68M | - | 3.27M | 6.19M | 8.16M | - | 8.05M | 9.41M | 11.38M | - | 10.02M | 10.49M | 11.89M | - | 10.73M | 10.64M | - | - | 108.61M | 107.93M | 109.58M | 110.09M | 110.59M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41.30M | 40.32M | 43.30M | 44.67M | 43.67M |
| Gross Profit | 45.81M | 47.99M | - | 46.40M | 49.36M | 52.63M | - | 51.77M | 55.51M | 52.34M | - | 55.48M | 53.01M | 63.43M | - | 63.13M | 56.17M | 53.67M | - | 54.39M | 60.99M | 65.18M | - | 65.90M | 67.02M | 71.11M | - | 68.62M | 69.92M | 69.89M | - | 69.61M | 70.54M | - | - | 67.30M | 67.61M | 66.28M | 65.42M | 66.93M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.81M | 41.63M | 41.51M | 42.20M | 41.09M |
| Operating Income | 23.70M | 25.48M | 25.11M | 23.33M | 20.05M | 26.48M | 23.79M | 12.92M | 17.25M | 27.27M | 22.09M | 28.82M | 24.49M | 30.38M | 29.99M | 28.85M | 23.00M | 20.32M | 16.41M | 20.06M | 26.42M | 27.67M | 25.71M | 28.34M | 28.32M | 31.00M | 27.07M | 29.72M | 31.49M | 31.14M | 29.40M | 30.55M | 30.79M | - | - | 27.50M | 25.98M | 24.77M | 23.21M | 25.83M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 103.80M | 59.80M | 57.86M | 56.10M | 58.86M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.78M | 19.78M | 19.77M | 19.78M | 19.71M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 54.52M | 7.24M | 6.08M | 4.30M | 6.84M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 417.00K | 118.00K | 156.00K | 79.00K | 101.00K |
| Net Income | 7.60M | 8.47M | 8.86M | 7.39M | 5.52M | 9.09M | 7.08M | -453.00K | 3.07M | 10.39M | 6.67M | 11.10M | 8.92M | 12.86M | 12.85M | 12.07M | 7.66M | 5.04M | 2.90M | 1.26M | 8.94M | 10.04M | 8.14M | 10.52M | 10.58M | 12.77M | 9.63M | 16.14M | 11.98M | 11.78M | 10.48M | 19.26M | 11.90M | - | - | 54.11M | 7.12M | 5.92M | 4.22M | 6.74M |
| Diluted EPS | 0.17 | 0.19 | - | 0.16 | 0.12 | 0.19 | - | -0.01 | 0.07 | 0.22 | - | 0.24 | 0.18 | 0.22 | - | 0.20 | 0.13 | 0.08 | - | 0.02 | 0.15 | 0.17 | 0.14 | 0.18 | 0.18 | 0.21 | 0.16 | 0.27 | 0.20 | 0.20 | 0.17 | 0.32 | 0.20 | - | - | 0.70 | 0.09 | 0.07 | 0.05 | 0.08 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 112.59M | 117.75M | 202.78M | 235.47M | 255.06M | 260.00M | 275.62M | 39.37M | 39.55M | 40.05M | 40.30M | 17.21M | - | 422.65M | 441.16M | 457.85M | 436.20M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 152.43M | 163.96M | 167.73M | 169.59M |
| Gross Profit | - | - | 125.91M | 149.35M | 165.07M | 168.77M | 177.62M | 187.16M | 198.31M | 209.41M | 234.76M | 223.45M | - | 270.21M | 277.21M | 290.13M | 266.61M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 155.48M | 155.46M | 160.93M | 165.15M |
| Operating Income | 49.74M | 42.42M | 56.34M | 71.91M | 81.10M | 83.67M | 94.15M | 97.94M | 93.65M | 79.53M | 113.69M | 88.58M | - | 114.73M | 121.75M | 129.20M | 101.46M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 238.30M | 249.94M | 273.69M | 277.57M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 58.23M | 64.71M | 74.53M | 78.12M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 56.73M | 65.73M | 73.70M | 72.14M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 850.00K | 1.04M | 886.00K | 770.00K |
| Net Income | - | - | 2.92M | 34.94M | 15.22M | 21.76M | 38.51M | 32.59M | 29.08M | 19.69M | 45.72M | 27.66M | - | 55.88M | 64.69M | 72.82M | 71.37M |
| Diluted EPS | - | - | 0.08 | 0.90 | 0.38 | 0.51 | 0.86 | 0.72 | 0.62 | 0.42 | 0.84 | 0.46 | - | 0.72 | 0.84 | 0.94 | 0.92 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.12B | 1.71B | 1.83B | 1.83B | 1.94B | 1.97B | 1.99B | 2.26B | 2.20B | 2.79B | 2.82B | - | 2.99B | 2.98B | 3.27B | 2.92B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 153.89M | 251.59M | 598.14M | 221.41M |
| Cash & Equivalents | 18.98M | 24.19M | 41.95M | 112.72M | 42.48M | 48.99M | 59.36M | 39.92M | 44.80M | 82.61M | 47.96M | 99.30M | 137.33M | - | 49.57M | 82.89M | 425.66M | 129.36M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.85M | 6.49M | 6.91M | 7.41M |
| Total Liabilities | - | - | 962.24M | 1.03B | 1.14B | 1.15B | 1.18B | 1.15B | 1.15B | 1.42B | 1.40B | 1.50B | 1.56B | - | 1.80B | 1.83B | 2.15B | 1.83B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 139.47M | 99.04M | 101.04M | 108.71M |
| Long Term Debt | - | - | - | 943.48M | 1.04B | - | 1.07B | 1.03B | 1.05B | 1.33B | 1.23B | 1.36B | 1.31B | - | 1.61B | 1.69B | 2.01B | 1.69B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.67B | 1.71B | 2.03B | 1.71B |
| Total Equity | 189.17M | 170.96M | 155.12M | 626.03M | 638.36M | 648.51M | 735.30M | 799.56M | 809.56M | 833.71M | 802.98M | 1.31B | 1.27B | - | 1.22B | 1.20B | 1.18B | 1.15B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 60.72M | 60.90M | 61.14M | 61.39M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 47.50M | 48.35M | 65.36M | 75.94M | 92.73M | 105.61M | 110.46M | 120.68M | 145.85M | 136.51M | 153.82M | 126.98M | - | 179.07M | 188.75M | 207.11M | 167.12M |
| Investing Cash Flow | -7.54M | -29.50M | -231.69M | -194.29M | -58.25M | -152.84M | -126.38M | -63.20M | -330.56M | -64.35M | -599.18M | -69.08M | - | -166.32M | -89.89M | -77.41M | -30.52M |
| Financing Cash Flow | -34.75M | -1.08M | 237.09M | 48.11M | -27.97M | 57.60M | -2.89M | -54.27M | 221.91M | -106.84M | 497.55M | -28.31M | - | -102.70M | -65.55M | 213.07M | -432.90M |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | -113.78M | -82.98M | -70.20M | -72.25M |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | 65.29M | 105.77M | 136.90M | 94.86M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -89.95M | 33.32M | 342.77M | -296.30M |
| Dividends Paid | - | - | 46.12M | 48.45M | 49.50M | 54.31M | 59.41M | 64.08M | 67.54M | 70.23M | 80.61M | 76.51M | 88.94M | 98.25M | 101.57M | 103.37M | 105.25M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | 62.1% | 63.4% | 64.7% | 64.9% | 64.4% | 475.4% | 501.5% | 522.9% | 582.6% | 1,298.5% | - | 63.9% | 62.8% | 63.4% | 61.1% |
| Operating Margin % | 44.2% | 36.0% | 27.8% | 30.5% | 31.8% | 32.2% | 34.2% | 248.8% | 236.8% | 198.6% | 282.1% | 514.7% | - | 27.1% | 27.6% | 28.2% | 23.3% |
| Net Margin % | - | - | 1.4% | 14.8% | 6.0% | 8.4% | 14.0% | 82.8% | 73.5% | 49.2% | 113.5% | 160.7% | - | 13.2% | 14.7% | 15.9% | 16.4% |
| ROE % | - | - | 0.5% | 5.5% | 2.3% | 3.0% | 4.8% | 4.0% | 3.5% | 2.5% | 3.5% | 2.2% | - | 4.6% | 5.4% | 6.2% | 6.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.0% | 4.2% | 4.1% | 3.6% |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AAT
American Assets Trust, Inc. Announces Second Quarter 2026 Earnings Release Date and Conference Call Information
SAN DIEGO, July 06, 2026 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2026 earnings in a press release to be issued after the market closes on Tuesday, July 28, 2026. Senior man…
American Assets Trust's Executive Chairman Bought 10,000 Company Shares. Here's What That Means for Investors.
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AAT — Frequently Asked Questions
What is the current share price of American Assets Trust, Inc. (AAT)?
As of 2026-07-14 21:23 PDT, American Assets Trust, Inc. (AAT) trades at $25.18 on NYSE. Its 52-week range is $17.20 to $25.51.
What is the market capitalisation of AAT?
American Assets Trust, Inc. (AAT) has a market capitalisation of $1.55B on NYSE.
What is the P/E ratio of AAT?
AAT trades at a trailing price-to-earnings (P/E) ratio of 83.93. The industry average P/E is 27.36. Its price-to-book (P/B) ratio is 1.32.
Does AAT pay a dividend?
American Assets Trust, Inc. (AAT) currently offers a dividend yield of 5.57%.
What is the return on equity (ROE) of AAT?
AAT has a return on equity (ROE) of 2.16%. Its return on capital employed (ROCE) is 5.34%.
Is AAT a good stock to buy?
This page provides a data-driven analysis of American Assets Trust, Inc. (AAT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.