Skip to content
OpenCapital
Get started

American Assets Trust AAT Multifamily — Net real estate

Other segment segments

Office
$1.59B-0.4%
Retail
$465.18M-1.9%
Mixed-use
$154.93M-3.4%

Similar metrics at other companies

Centerspace logo
CSRMultifamily — Real Estate Investment Property, Net
$1.82B+0.2%
Independence Realty Trust logo
IRTReal Estate Investment Property, Net
$5.73B+1.3%
St. Joe Company logo
JOEResidential Real Estate — Real Estate Investment Property Net
$157.49M+0.4%
Centerspace logo
CSRMultifamily — Real Estate Investment Property, at Cost
$2.5B+1.5%
St. Joe Company logo
JOEReal Estate Investment Property, Net
$999.81M-4.5%
Lennar logo
LENMultifamily — Real estate owned
$0—

Other financials

Income statement

See full
Revenue$110.6M+1.8%
Gross profit$66.9M-0.6%
Operating income$25.8M-64.1%
Net income$6.7M-84.2%
EPS (diluted)$0.08-88.6%

Balance sheet

See full
Cash & equivalents$118.3M-17.8%
Total debt$18.0M-9.6%
Total equity$1.1B-5.2%
Total assets$2.9B-2.3%

Cash flow

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

Valuation

See full
Market cap$1.5B+21.0%
Enterprise value$1.4B+25.4%
P/E75.4×+59.9×
P/S3.4×+0.7×

Profitability

See full
Gross margin60.8%-2.4pp
Operating margin22.8%-14.7pp
Net margin4.5%-13.0pp
FCF margin21.1%-3.8pp

Returns & leverage

See full
Return on equity1.7%-5.0pp
Debt / equity0×0.0×

Where this comes from

Reported directly by American Assets Trust in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyNet.

The official record: American Assets Trust’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about American Assets Trust's multifamily — net real estate.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is American Assets Trust's multifamily — net real estate?
American Assets Trust (AAT) reported multifamily — net real estate of $404.32M in Q1 2026.
How has American Assets Trust's multifamily — net real estate changed year-over-year?
American Assets Trust's multifamily — net real estate decreased by 2.4% year-over-year, from $414.33M to $404.32M.
What is the long-term trend for American Assets Trust's multifamily — net real estate?
Over 4 years (2021 to 2025), American Assets Trust's multifamily — net real estate has grown at a 1.7% compound annual growth rate (CAGR), from $1.54B to $1.64B.
What does multifamily — net real estate mean?
This represents the book value of the multifamily segment's real estate assets, net of accumulated depreciation. It provides an estimate of the capital invested in the residential portfolio and is used to assess asset base growth.