American Assets Trust AAT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Property revenue by Business | ||||||
| Mixed-use | $16.7M+1.7% | $16.41M-2.0% | $16.75M+0.4% | $16.68M+2.7% | $16.25M-1.7% | |
| Multifamily | $18.2M+5.2% | $17.3M-0.6% | $17.4M-0.1% | $17.43M+3.5% | $16.83M+2.9% | |
| Office | $52.36M+0.6% | $52.05M-0.5% | $52.29M+2.9% | $50.82M-0.1% | $50.88M-1.6% | |
| Retail | $23.34M-4.1% | $24.34M+5.2% | $23.13M+0.5% | $23.01M-6.7% | $24.65M-14.5% | |
| Operating Income (Loss) by Business | ||||||
| Mixed-use | $5.22M-5.9% | $5.55M-1.7% | $5.64M+0.4% | $5.62M+5.8% | $5.31M-1.4% | |
| Multifamily | $10.03M+13.9% | $8.8M-1.5% | $8.93M-7.9% | $9.7M+1.3% | $9.57M+7.7% | |
| Office | $35.34M+5.0% | $33.65M-4.1% | $35.1M-0.3% | $35.21M+0.1% | $35.18M+0.7% | |
| Retail | $16.34M-6.2% | $17.41M+4.9% | $16.61M-2.8% | $17.08M-0.9% | $17.23M-15.3% | |
| Net real estate by Business | ||||||
| Mixed-use | $154.93M-0.8% | $156.16M-0.8% | $157.48M-0.8% | $158.76M-1.0% | $160.32M-0.4% | |
| Multifamily | $404.32M-0.5% | $406.16M-0.5% | $408.4M-0.7% | $411.35M-0.7% | $414.33M+18.0% | |
| Office | $1.59B0.0% | $1.59B0.0% | $1.59B-0.2% | $1.59B-0.1% | $1.59B-0.3% | |
| Retail | $465.18M-1.0% | $469.73M-0.7% | $472.97M+0.1% | $472.67M-0.3% | $474.31M-0.8% | |
| Lease rental income by Business | ||||||
| Mixed-use | $3.37M+1.8% | $3.31M-0.6% | $3.33M+3.7% | $3.21M-4.5% | $3.36M+10.4% | |
| Multifamily | $16.91M+4.2% | $16.22M-0.1% | $16.24M-0.7% | $16.36M+3.4% | $15.82M+3.4% | |
| Office | $50.19M+0.4% | $49.99M+1.8% | $49.09M+2.0% | $48.12M-1.5% | $48.86M-2.2% | |
| Retail | $22.7M-1.4% | $23.02M+3.2% | $22.31M+0.7% | $22.15M-10.5% | $24.74M-6.8% | |
| Real estate taxes by Business | ||||||
| Mixed-use | $1.07M-0.1% | $1.07M0.0% | $1.07M+2.2% | $1.04M+0.1% | $1.04M-0.1% | |
| Multifamily | $2.22M-8.4% | $2.43M+22.5% | $1.98M+8.5% | $1.83M-4.4% | $1.91M+7.1% | |
| Office | $5.27M+0.2% | $5.26M-2.2% | $5.38M+3.3% | $5.21M+7.9% | $4.83M-1.0% | |
| Retail | $3.39M+10.6% | $3.06M-1.3% | $3.1M+20.8% | $2.57M-20.5% | $3.23M-4.8% | |
| Property Expenses by Business | ||||||
| Mixed-use | $11.48M+5.7% | $10.86M-2.2% | $11.11M+0.5% | $11.06M+1.2% | $10.93M-1.9% | |
| Multifamily | $8.17M-3.9% | $8.5M+0.3% | $8.47M+9.6% | $7.73M+6.5% | $7.26M-2.7% | |
| Office | $17.02M-7.5% | $18.39M+7.0% | $17.19M+10.1% | $15.61M-0.6% | $15.7M-6.5% | |
| Retail | $7M+1.2% | $6.92M+6.1% | $6.52M+10.1% | $5.92M-20.1% | $7.42M-12.8% | |
| Rental expenses by Business | ||||||
| Mixed-use | $10.41M+6.3% | $9.8M-2.5% | $10.04M+0.3% | $10.02M+1.3% | $9.89M-2.1% | |
| Multifamily | $5.95M-2.0% | $6.07M-6.5% | $6.49M+10.0% | $5.9M+10.3% | $5.35M-5.8% | |
| Office | $11.75M-10.5% | $13.13M+11.2% | $11.81M+13.5% | $10.4M-4.3% | $10.87M-8.7% | |
| Retail | $3.61M-6.3% | $3.86M+12.8% | $3.42M+2.0% | $3.36M-19.8% | $4.19M-18.1% | |
| Capital Expenditures by Business | ||||||
| Mixed-use | $403K+12.3% | $359K-18.0% | $438K-17.4% | $530K-45.9% | $979K+74.8% | |
| Multifamily | $2.04M+0.9% | $2.02M+82.2% | $1.11M-24.5% | $1.47M+200% | $491K-64.3% | |
| Office | $19.8M+39.9% | $14.16M+7.4% | $13.19M-33.6% | $19.86M+38.8% | $14.31M-3.2% | |
| Retail | $996K-77.2% | $4.36M-3.0% | $4.5M+276% | $1.2M-17.4% | $1.45M-63.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does American Assets Trust break its business down?
- American Assets Trust (AAT) reports property revenue by business across 4 parts — Mixed-use, Multifamily, Office and Retail. Each is extracted from the segment footnotes and tracked over time.
- Where does American Assets Trust's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in American Assets Trust's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
