What is American Assets Trust's revenue?

American Assets Trust (AAT) generated $438.2M in revenue over the trailing twelve months, down 3.9% year over year.

Is American Assets Trust profitable?

American Assets Trust reported $19.9M in net income over the trailing twelve months, a 4.5% net margin.

What are American Assets Trust's profit margins?

Gross margin is 60.8% and operating margin is 22.8%, with a 4.5% net margin.

What is American Assets Trust's earnings per share?

American Assets Trust's diluted EPS over the trailing twelve months is $0.29.

Where does American Assets Trust's income statement data come from?

Every line is extracted from American Assets Trust's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

American Assets Trust AAT Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$436.2M-4.7%	$457.86M+3.8%	$441.16M+4.4%	$422.65M+12.5%
Rental income	$410.49M-3.1%	$423.61M+1.0%	$419.37M+4.2%	$402.51M+11.7%
Gross profit	$266.61M-8.1%	$290.13M+4.7%	$277.21M+2.6%	$270.22M+9.8%
Gross margin	61.1%-2.2pp	63.4%+0.5pp	62.8%-1.1pp	63.9%-1.5pp
Selling and marketing	$2.55M-16.4%	$3.05M-12.4%	$3.49M+46.5%	$2.38M+33.7%
General and administrative	$37.84M+6.7%	$35.47M-1.4%	$35.96M+11.9%	$32.14M+7.6%
Compensation and benefits	$7.4M+4.0%	$7.11M-19.4%	$8.82M+1.5%	$8.69M+1.9%
Occupancy and equipment	$3.48M-2.9%	$3.59M+1.4%	$3.54M+10.0%	$3.22M-20.1%
Depreciation and amortization	$127.31M+1.5%	$125.46M+5.0%	$119.5M-3.1%	$123.34M+6.0%
Total costs & expenses	$334.75M+1.9%	$328.66M+2.9%	$319.42M+3.7%	$307.91M+11.6%
Operating income	$145.93M+13.0%	$129.2M+6.1%	$121.75M+6.1%	$114.73M+14.9%
Operating margin	33.5%+5.2pp	28.2%+0.6pp	27.6%+0.5pp	27.1%+0.6pp
Interest expense	$79.27M+23.1%	$64.41M+3.9%	$62M+10.6%	$56.06M-4.3%
Interest income	$4.33M-52.1%	$9.03M+315%	$2.18M+867%	$225K-30.6%
Other income (expense), net	$3.56M-80.4%	$18.15M+137%	$7.65M+1,324%	-$625K-49.5%
Gain (loss) on disposal of assets	$44.48M—	$0—	$0—	——
Income tax expense	$770K-13.1%	$886K-14.9%	$1.04M+22.5%	$850K+15.2%
Net income	$55.65M-2.0%	$56.8M+12.7%	$50.38M+15.8%	$43.51M+53.3%
Net margin	12.8%+0.4pp	12.4%+1.0pp	11.4%+1.1pp	10.3%+2.7pp
Income from continuing operations	$55.65M-2.0%	$56.8M+10.9%	$51.2M+17.7%	$43.51M+18.9%
Net income attributable to noncontrolling interests	$13.98M-2.2%	$14.29M+10.6%	$12.92M-6.5%	$13.81M+73.4%
Diluted earnings per share	$0.91-4.2%	$0.95+13.1%	$0.84+15.1%	$0.73+52.1%
Basic earnings per share	$0.91-4.2%	$0.95+13.1%	$0.84+15.1%	$0.73+52.1%
Weighted-average shares, diluted	306.9M+0.3%	306M+0.2%	305.3M+0.1%	304.9M+0.1%
Weighted-average shares, basic	242.2M+0.4%	241.3M+0.3%	240.6M+0.2%	240.2M+0.1%
Excise And Sales Taxes	$4.34M-4.0%	$4.52M+2.9%	$4.39M+7.5%	$4.08M+46.2%
Other Cost Of Operating Revenue	$29.44M-1.5%	$29.9M+1.8%	$29.38M+13.7%	$25.83M+47.5%
Interest Income (Expense), Nonoperating	-$78.12M-4.8%	-$74.53M-15.2%	-$64.71M-11.1%	-$58.23M+0.6%
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings	$105.25M+1.8%	$103.37M+1.8%	$101.57M+3.4%	$98.25M+10.5%
Share-based compensation expense related to employee stock plans	$7.4M+4.0%	$7.11M-19.6%	$8.84M+1.7%	$8.69M+2.3%
Amortization of above and below Market Leases	$2.2M-15.4%	$2.6M-18.8%	$3.2M0.0%	$3.2M+3.2%
Amortization Of Financing Costs And Discounts	$2.89M-20.8%	$3.65M+7.8%	$3.39M+31.3%	$2.58M—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	-$296.3M—	——	——	-$92.63M—
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months	——	$1M—	——	——
Dividends declared (in dollars per share)	——	——	——	——
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$53.16M-1.7%	$54.06M+10.8%	$48.8M-6.0%	$51.91M+72.7%
Less: comprehensive income attributable to noncontrolling interest	$13.98M-2.2%	$14.29M+10.6%	$12.92M-6.5%	$13.81M+73.4%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$67.13M-1.8%	$68.35M+10.8%	$61.71M-6.1%	$65.72M+72.8%
Construction in progress additions	$19.87M—	——	——	$20.83M—
Other occupancy	$124.6M+0.9%	$123.5M+4.0%	$118.8M+10.4%	$107.65M+23.8%
Cost Of Property Repairs And Maintenance	$24.15M+4.0%	$23.21M+2.5%	$22.64M+1.9%	$22.22M+22.7%
Deferred rent revenue and amortization of lease intangibles	$920K+116%	-$5.78M+20.1%	-$7.24M+37.0%	-$11.49M+34.8%
Rental operating	$58.3M+2.6%	$56.81M+7.1%	$53.03M+10.9%	$47.83M+15.3%
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent	$55.65M-2.0%	$56.8M+12.7%	$50.38M+15.8%	$43.51M+53.3%
Income taxes paid	$934K-25.1%	$1.25M-12.6%	$1.43M+65.0%	$865K+143%
Accrued leasing commissions	——	——	——	——
Accounts payable and other current liabilities	-$1.16M—	——	——	-$1.24M—
Increase (Decrease) in Accounts Receivable	——	$1.79M—	——	——
Increase Decrease In Lease Acquisition Costs	$8.17M+13.4%	$7.2M+4.3%	$6.91M-6.3%	$7.37M+135%
Increase Decrease In Other Deferred Liability	——	——	——	——
Increase (Decrease) in Other Operating Assets	——	——	——	——
Change in security deposits payable	$931K—	——	——	——
Effect of dilutive securities-conversion of Operating Partnership units (in shares)	64.7M0.0%	64.7M0.0%	64.7M0.0%	64.7M0.0%
Interest income and other, net	$4.33M-52.1%	$9.03M+315%	$2.18M+867%	$225K-30.6%
Interest Costs Capitalized Adjustment	——	$7.5M-3.5%	$7.77M+34.8%	$5.77M+92.7%
Interest Paid, Excluding Capitalized Interest, Operating Activity	$79.27M+23.1%	$64.41M+3.9%	$62M+10.6%	$56.06M+10.0%
Lease Income (Cost)	-$303K-7.8%	-$281K-473%	-$49K—	——
Percentage rent	——	——	——	——
Loss On Contract Termination For Default	——	$8.2M+6.5%	$7.7M+28.3%	$6M—
Management fees	$2.35M-3.1%	$2.42M+3.1%	$2.35M+12.7%	$2.08M+64.4%
Marketing	$2.55M-16.4%	$3.05M-12.4%	$3.49M+46.5%	$2.38M+33.7%
Plus: Income from operations attributable to unitholders in the Operating Partnership	$14.87M-2.4%	$15.23M+12.4%	$13.55M+15.6%	$11.72M+53.2%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$432.9M—	——	-$65.55M+36.2%	-$102.7M—
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$30.52M+60.6%	-$77.41M+13.9%	-$89.89M+46.0%	-$166.32M+46.7%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$167.12M-19.3%	$207.11M+9.7%	$188.75M+5.4%	$179.07M+6.4%
Net Income Attributable To Restricted Share	$852K+8.3%	$787K+3.4%	$761K+17.4%	$648K+14.9%
Provision for lease losses	$540K-64.4%	$1.52M+5.4%	$1.44M—	——
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable	$14.87M-2.4%	$15.23M+12.4%	$13.55M+15.6%	$11.72M+53.2%
Number of operating segments	——	——	——	——
Number of reportable segments	4—	——	——	——
Occupancy and Related Charges	$3.48M-2.9%	$3.59M+1.4%	$3.54M+10.0%	$3.22M-20.1%
Lease income — operating leases	$410.49M-3.1%	$423.61M+1.0%	$419.37M+4.2%	$402.51M+11.7%
Operating Lease Payments	$3.53M+3.0%	$3.43M+3.0%	$3.33M+3.0%	$3.23M+15.8%
Net gains (losses) deferred	——	——	-$1.83M—	——
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax	$1.03M+173%	$377K-67.2%	$1.15M-22.2%	$1.48M—
Other Non-cash Interest Expense	$1.03M+173%	$377K-67.2%	$1.15M-22.2%	$1.48M+34.5%
Other Noncash Income (Expense)	-$3.23M—	——	-$266K—	——
Other income, net (Note 6)	$3.56M-80.4%	$18.15M+137%	$7.65M+1,324%	-$625K-49.5%
Other	$2.6M-2.0%	$2.65M-0.2%	$2.66M+1.6%	$2.62M+11.2%
Payments for Capital Improvements	$72.26M+2.9%	$70.21M-15.4%	$82.98M-27.1%	$113.78M+8.8%
Payments of Dividends	$105.25M+1.8%	$103.37M+1.8%	$101.57M+3.4%	$98.25M+10.5%
Cash disbursed for acquisitions	——	$0—	$0—	——
Proceeds From Sale Of Real Estate Heldforinvestment	——	$0—	$0—	——
Issuance of mortgage notes payable	——	$0—	$0-100%	$75M—
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Investment in Real Estate Sold	——	$80.44M—	$0—	$0—
Property taxes	$44.99M+1.7%	$44.22M-2.1%	$45.16M+0.8%	$44.79M+4.7%
Repayments of Notes Payable	——	$200M—	——	$0—
Repayments of Unsecured Debt	——	$0—	——	$0—
Restricted Stock Expense	$7.4M+4.2%	$7.1M-18.4%	$8.7M—	——
Revenue From Contract With Customer Excluding Assessed Tax	$39.91M-7.2%	$43.03M+0.3%	$42.88M+12.5%	$38.12M+52.9%
Property, plant, and equipment additions	$80.42M+3.9%	$77.41M-13.9%	$89.89M—	——
Stock-based compensation	$7.4M+4.0%	$7.11M-19.4%	$8.82M+1.5%	$8.69M+1.9%
Straight Line Rent	-$2.5M-181%	$3.1M-20.5%	$3.9M-38.1%	$6.3M-56.3%
EBIT	$145.93M+13.0%	$129.2M+6.1%	$121.75M+6.1%	$114.73M+14.9%
EBITDA	$273.24M+7.3%	$254.66M+5.6%	$241.25M+1.3%	$238.07M+10.1%
EBITDA	$273.24M+7.3%	$254.66M+5.6%	$241.25M+1.3%	$238.07M+10.1%
EBITDA margin	62.6%+7.0pp	55.6%+0.9pp	54.7%-1.6pp	56.3%-1.2pp
EBIT	$145.93M+13.0%	$129.2M+6.1%	$121.75M+6.1%	$114.73M+14.9%

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Questions, answered.

What is American Assets Trust's revenue?: American Assets Trust (AAT) generated $438.2M in revenue over the trailing twelve months, down 3.9% year over year.
Is American Assets Trust profitable?: American Assets Trust reported $19.9M in net income over the trailing twelve months, a 4.5% net margin.
What are American Assets Trust's profit margins?: Gross margin is 60.8% and operating margin is 22.8%, with a 4.5% net margin.
What is American Assets Trust's earnings per share?: American Assets Trust's diluted EPS over the trailing twelve months is $0.29.
Where does American Assets Trust's income statement data come from?: Every line is extracted from American Assets Trust's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.