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American Assets Trust AAT Plus: Income from operations attributable to unitholders in the Operating Partnership

Plus: Income from operations attributable to unitholders in the Operating Partnership at other companies

Black Stone Minerals logo
Black Stone MineralsBSM
$5.91M-31.2%
DML
Dorchester MineralsDMLP
$28.26M+66.1%
Alliance Resource Partners logo
Alliance Resource PartnersARLP
$77.79M+376%
USA Compression Partners logo
USA Compression PartnersUSAC
$38.34M+138%
Kinetik Holdings logo
Kinetik HoldingsKNTK
-$3.46M-126%
NGL Energy Partners logo
NGL Energy PartnersNGL
-$425.99M-2,545%

Other financials

Income statement

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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

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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

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

Profitability

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

Returns & leverage

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Return on equity1.7%-5.0pp
Debt / equity0.0×

Where this comes from

Reported directly by American Assets Trust in its filing.

Tagged under the XBRL concept aat:MinorityInterestInContinuingOperationsIncomeLossOperatingPartnershipsDiluted.

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

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Questions, answered.

What is American Assets Trust's plus: income from operations attributable to unitholders in the operating partnership?
American Assets Trust (AAT) reported plus: income from operations attributable to unitholders in the operating partnership of $1.37M in Q1 2026.
How has American Assets Trust's plus: income from operations attributable to unitholders in the operating partnership changed year-over-year?
American Assets Trust's plus: income from operations attributable to unitholders in the operating partnership decreased by 88.0% year-over-year, from $11.37M to $1.37M.
What is the long-term trend for American Assets Trust's plus: income from operations attributable to unitholders in the operating partnership?
Over 4 years (2021 to 2025), American Assets Trust's plus: income from operations attributable to unitholders in the operating partnership has grown at a 18.1% compound annual growth rate (CAGR), from $7.65M to $14.87M.
What does plus: income from operations attributable to unitholders in the operating partnership mean?
The portion of net income from continuing operations that is attributable to noncontrolling interests, such as unitholders in an Operating Partnership. This represents the share of profits belonging to partners other than the parent company's common stockholders.