American Assets Trust, Inc. AAT

Latest FY: 2025 Real Estate REIT - Diversified
Market Price $22.74
Market Cap $1.41B
P/E Ratio 24.72
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↓-7.2% YoY
$39.91M
3-Yr CAGR: 1.5%
Net Income ↓-2.0% YoY
$71.37M
Net Margin: 178.8%
Free Cash Flow ↓-30.7% YoY
$94.86M
FCF Yield: 6.73%
EPS (Diluted) ↓-2.1% YoY
$0.92
Basic: $0.92
Return on Equity Efficiency
6.2%
ROA: 2.4%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (AAT)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $295.1M $187.2M $32.6M $0.72 $122.7M
FY 2017 $315.0M +6.7% $198.3M $29.1M -10.8% $0.62 -13.9% $145.9M
FY 2018 $40.0M -87.3% $209.4M $19.7M -32.3% $0.42 -32.3% $136.5M
FY 2019 $40.3M +0.6% $234.8M $45.7M +132.2% $0.84 +100.0% $153.8M
FY 2020 $17.2M -57.3% $223.5M $27.7M -39.5% $0.46 -45.2% $127.0M
FY 2021 $24.9M +44.9% $246.1M $36.6M +32.3% $0.47 +2.2% $168.3M
FY 2022 $38.1M +52.9% $270.2M $55.9M +52.7% $0.72 +53.2% $179.1M $65.3M
FY 2023 $42.9M +12.5% $277.2M $64.7M +15.8% $0.84 +16.7% $188.8M $105.8M +62.0%
FY 2024 $43.0M +0.3% $290.1M $72.8M +12.6% $0.94 +11.9% $207.1M $136.9M +29.4%
FY 2025 $39.9M -7.2% $266.6M $71.4M -2.0% $0.92 -2.1% $167.1M $94.9M -30.7%
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Valuation

Market Price $22.74
Market Cap $1.41B
Enterprise Value $2.98B
P/E Ratio 24.72
P/B Ratio 1.21
FCF Yield 6.73%
Dividend Yield N/A
Shares Outstanding 61,390,900
%

Profitability & Margins

Gross Margin 667.96%
Operating Margin 365.62%
Net Margin 178.81%
Return on Equity (ROE) 6.20%
Return on Assets (ROA) 2.44%
Asset Turnover 0.01x
Revenue 3-Yr CAGR 1.55%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 1.477
Debt / Assets 0.582
Cash & Equivalents $129.36M
Total Debt $1.70B
Book Value / Share $18.75
💧

Cash Flow Efficiency

Operating Cash Flow $167.12M
Capital Expenditures (CapEx) $72.25M
Free Cash Flow $94.86M
OCF / Revenue 418.69%
FCF / Revenue 237.66%
FCF 3-Yr CAGR 13.26%
🏷️

Per Share Metrics

EPS (Diluted) $0.92
EPS (Basic) $0.92
Dividends / Share N/A
Book Value / Share $18.75
EPS YoY Growth -2.13%
🏛️

Balance Sheet (FY 2025)

Total Assets $2.92B
Total Liabilities $1.83B
Stockholders' Equity $1.15B
Current Assets N/A
Current Liabilities N/A