American Assets Trust AAT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 60.8%-0.4pp | 61.1%-0.5pp | 61.6%-1.3pp | 62.9%-0.2pp | 63.2%-0.2pp | |
| Operating margin | 22.8%-10.7pp | 33.5%-1.3pp | 34.8%-1.9pp | 36.6%-0.8pp | 37.4%+9.2pp | |
| Net margin | 4.5%-8.2pp | 12.8%-1.2pp | 14%-2.3pp | 16.3%-1.3pp | 17.6%+5.2pp | |
| Returns | ||||||
| Return on equity | 1.7%-3.1pp | 4.8%-0.4pp | 5.2%-1.0pp | 6.2%-0.5pp | 6.7%+1.9pp | |
| Return on invested capital | 9.5%-6.7pp | 16.1%-1.6pp | 17.7%+2.4pp | 15.4%-0.2pp | 15.5%+2.0pp | |
| 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× | -0.4×0.0× | -0.4×0.0× | -0.4×0.0× | -0.4×+1.2× | |
| Per Share | ||||||
| Book value per share | $14.78-1.4% | $15.00-1.6% | $15.24-1.3% | $15.43-1.2% | $15.62+1.6% | |
| Valuation | ||||||
| Market capitalization | $1.5B+21.0% | $1.16B-6.8% | $1.24B+1.7% | $1.22B-0.8% | $1.23B-23.0% | |
| Price / earnings | 75.4×+59.9× | 20.8×+0.6× | 20.2×+3.6× | 16.6×+1.2× | 15.4×-12.8× | |
| Price / sales | 3.4×+0.7× | 2.7×-0.2× | 2.8×+0.1× | 2.7×0.0× | 2.7×-0.8× | |
| Price / book | 1.3×+0.3× | 1×-0.1× | 1.1×0.0× | 1×0.0× | 1×-0.3× | |
| EV / EBITDA | 6.1×+2.3× | 3.8×-0.2× | 4×+0.3× | 3.7×0.0× | 3.7×-1.0× | |
| Dividend yield | 7%-1.4pp | 9.1%+0.7pp | 8.4%-0.1pp | 8.5%+0.1pp | 8.4%+2.0pp |
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.
