American Assets Trust AAT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 60.8%-2.4pp | 61.1%-2.2pp | 61.6%-1.7pp | 62.9%+0.3pp | 63.2%+0.5pp | |
| Operating margin | 22.8%-14.7pp | 33.5%+5.2pp | 34.8%+6.6pp | 36.6%+9.2pp | 37.4%+9.8pp | |
| Net margin | 4.5%-13.0pp | 12.8%+0.4pp | 14%+1.2pp | 16.3%+4.3pp | 17.6%+5.5pp | |
| Returns | ||||||
| Return on equity | 1.7%-5.0pp | 4.8%0.0pp | 5.2%+0.4pp | 6.2%+1.8pp | 6.7%+2.3pp | |
| Return on invested capital | 9.5%-6.1pp | 16.1%+2.6pp | 17.7%+3.6pp | 15.4%+4.5pp | 15.5%+4.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -0.4×0.0× | -0.4×+1.2× | -0.4×+1.6× | -0.4×0.0× | -0.4×-0.1× | |
| Per Share | ||||||
| Book value per share | $14.78-5.4% | $15.00-2.4% | $15.24-1.8% | $15.43-1.0% | $15.62-0.4% | |
| Valuation | ||||||
| Market capitalization | $1.13B-8.2% | $1.16B-27.6% | $1.24B-23.6% | $1.22B-10.4% | $1.23B-7.7% | |
| Price / earnings | 56.9×+41.6× | 20.8×-7.4× | 20.2×-7.7× | 16.6×-8.9× | 15.4×-9.6× | |
| Price / sales | 2.6×-0.1× | 2.7×-0.8× | 2.8×-0.7× | 2.7×-0.4× | 2.7×-0.3× | |
| Price / book | 1×0.0× | 1×-0.4× | 1.1×-0.3× | 1×-0.1× | 1×-0.1× | |
| EV / EBITDA | 4.5×+0.8× | 3.8×-0.9× | 4×-0.4× | 3.7×-1.5× | 3.7×-1.5× | |
| Dividend yield | 9.3%+0.9pp | 9.1%+2.6pp | 8.4%+2.1pp | 8.5%+1.0pp | 8.4%+0.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are American Assets Trust's profit margins?
- American Assets Trust (AAT) runs a 60.8% gross margin and a 22.8% operating margin, with a 4.5% net margin.
- Where do American Assets Trust's ratios come from?
- Every ratio is computed from American Assets Trust's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
