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American Assets Trust AAT Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin60.8%-0.4pp61.1%-0.5pp61.6%-1.3pp62.9%-0.2pp63.2%-0.2pp
Operating margin22.8%-10.7pp33.5%-1.3pp34.8%-1.9pp36.6%-0.8pp37.4%+9.2pp
Net margin4.5%-8.2pp12.8%-1.2pp14%-2.3pp16.3%-1.3pp17.6%+5.2pp
Returns
Return on equity1.7%-3.1pp4.8%-0.4pp5.2%-1.0pp6.2%-0.5pp6.7%+1.9pp
Return on invested capital9.5%-6.7pp16.1%-1.6pp17.7%+2.4pp15.4%-0.2pp15.5%+2.0pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
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 / earnings75.4×+59.9×20.8×+0.6×20.2×+3.6×16.6×+1.2×15.4×-12.8×
Price / sales3.4×+0.7×2.7×-0.2×2.8×+0.1×2.7×0.0×2.7×-0.8×
Price / book1.3×+0.3×-0.1×1.1×0.0×0.0×-0.3×
EV / EBITDA6.1×+2.3×3.8×-0.2×+0.3×3.7×0.0×3.7×-1.0×
Dividend yield7%-1.4pp9.1%+0.7pp8.4%-0.1pp8.5%+0.1pp8.4%+2.0pp

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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.