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American Assets Trust AAT Multifamily — CapEx

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Other financials

Income statement

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Revenue$109.5M+1.4%
Gross profit$66.9M-0.6%
Operating income$26.3M+1.2%
Net income$5.2M-5.2%
EPS (diluted)$0.090.0%

Balance sheet

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Cash & equivalents$109.7M-23.7%
Total debt$1.7B+8,723%
Total equity$1.1B-5.2%
Total assets$2.9B-2.1%

Cash flow

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Operating cash flow$38.6M+4.7%
CapEx$20.4M+24.3%
Free cash flow$18.2M-11.1%

Valuation

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Market cap$1.38B+18.2%
P/E70.7×+54.8×
P/S3.1×+0.6×

Profitability

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Gross margin60.8%-2.4pp
Operating margin22.8%-13.9pp
Net margin4.5%-11.8pp
FCF margin21.1%-3.8pp

Returns & leverage

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Return on equity1.7%-4.5pp
Debt / equity1.5×+1.5×

Where this comes from

Reported directly by American Assets Trust in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: American Assets Trust’s 8-K, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:17 PM EDT
Accession
0001500217-26-000043

FAQ

What is American Assets Trust's multifamily — capex?
American Assets Trust (AAT) reported multifamily — capex of $445K in Q2 2026.
How has American Assets Trust's multifamily — capex changed year-over-year?
American Assets Trust's multifamily — capex decreased by 69.7% year-over-year, from $1.47M to $445K.
What is the long-term trend for American Assets Trust's multifamily — capex?
Over 3 years (2022 to 2025), American Assets Trust's multifamily — capex has grown at a 1.4% compound annual growth rate (CAGR), from $4.89M to $5.09M.
What does multifamily — capex mean?
This captures the cash outflows for major improvements, renovations, or structural upgrades to existing multifamily properties. It is essential for maintaining asset quality and competitiveness within the residential market.

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