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American Assets Trust AAT Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin61.1%-2.2pp63.4%+0.5pp62.8%-1.1pp63.9%-1.5pp
Operating margin33.5%+5.2pp28.2%+0.6pp27.6%+0.5pp27.1%+0.6pp
Net margin12.8%+0.4pp12.4%+1.0pp11.4%+1.1pp10.3%+2.7pp
EBITDA margin62.6%+7.0pp55.6%+0.9pp54.7%-1.6pp56.3%-1.2pp
Free cash flow margin21.7%-8.2pp29.9%+5.9pp24%+8.5pp15.4%
Returns
Return on equity4.8%0.0pp4.8%+0.6pp4.2%+0.6pp3.5%+1.3pp
Return on assets1.8%0.0pp1.8%+0.1pp1.7%+0.2pp1.4%+0.5pp
Return on invested capital16.1%+2.6pp13.5%+3.1pp10.4%+0.6pp9.9%+1.2pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.4×+1.2×-1.6×-1.3×-0.2×-0.1×-0.1×+0.4×
Interest coverage1.8×-0.2×0.0×-0.1×+0.3×
Per Share
Book value per share$15.00-2.4%$15.37-2.1%$15.69-2.1%$16.02-1.5%
Valuation
Market capitalization$1.5B+21.0%$1.6B+17.0%$1.37B-14.8%$1.6B-29.3%
Enterprise value$1.4B+25.4%$1.19B-8.6%$1.31B-17.3%$1.58B-26.8%
Price / earnings75.4×+59.9×28.2×+1.0×27.1×-9.7×36.9×-43.1×
Price / sales3.4×+0.7×3.5×+0.4×3.1×-0.7×3.8×-2.2×
Price / book1.3×+0.3×1.4×+0.2×1.1×-0.2×1.3×-0.5×
EV / EBITDA6.1×+2.3×4.7×-0.7×5.4×-1.2×6.6×-3.3×
EV / sales3.2×+0.7×2.6×-0.4×-0.8×3.7×-2.0×
Free cash flow yield6.2%-3.0pp8.6%+0.8pp7.7%+3.7pp4.1%
Earnings yield1.3%-5.1pp3.6%-0.1pp3.7%+1.0pp2.7%+1.5pp
Dividend yield7%-1.4pp6.5%-1.0pp7.4%+1.3pp6.1%+2.2pp

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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.