Monday 9 November 2026 Export AAT’s income statement to Excel — free account

American Assets Trust, Inc.

AAT

American Assets Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $436.2 million, down 4.73% from fiscal 2024.

Revenue: +4.29%
EPS: +135.7%
Free cash flow: −58.5%
Total debt: +0.21%

Quarter to September 2026, against a year earlier

21.53 0.15 −0.69%

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Market cap: $1.3B
P/E: 55.9×
Fwd P/E: 61.5×
Dividend yield: 6.32%
F-score: 4/9
ROIC: 2.47%
Net debt / EBITDA: 5.7×
Dividend safety: n/a

Overview

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	59.78	61.55	96.73	53.37	62.78	78.19	36.32	27.31	27.64	20.80
Piotroski F-Score Full definition →	6	5	6	7	6	4	6	6	5	4
P/S ratio Full definition →	6.61	5.66	5.70	6.77	5.01	5.99	3.77	3.13	3.46	2.63
P/FCF ratio Full definition →	31.96	18.12	22.97	33.71	27.20	35.32	24.38	13.05	11.57	5.39
P/Operating CF Full definition →	108.67	88.26	107.20	78.34	96.84	58.18	41.69	35.53	38.98	28.26
P/B ratio Full definition →	2.33	2.11	2.35	1.92	1.38	1.86	1.34	1.20	1.41	1.05
Price to Tangible BV Full definition →	2.33	2.11	2.35	1.92	1.38	1.86	1.34	1.20	1.41	1.05
EV/Sales Full definition →	10.04	9.60	9.46	10.20	8.71	10.03	7.57	6.79	6.94	6.22
EV/EBITDA Full definition →	17.06	16.79	16.63	17.70	15.13	17.22	13.29	12.25	12.30	9.83
EV/Operating CF Full definition →	24.56	20.72	22.92	24.32	23.64	22.39	17.87	15.87	15.35	16.24
EV/FCF Full definition →	48.55	30.73	38.11	50.76	47.27	59.13	49.00	28.32	23.21	12.77
Quick Ratio Full definition →	3.16	3.70	2.28	2.77	3.69	3.56	2.19	2.91	8.17	3.11
Current Ratio Full definition →	3.16	3.70	2.28	2.77	3.69	3.56	2.19	2.91	8.17	3.11
Net Debt/EBITDA Full definition →	5.83	6.89	6.60	5.95	6.42	6.93	6.68	6.60	6.17	5.68
Debt/Assets Full definition →	53.73%	58.92%	59.12%	48.95%	50.17%	54.91%	55.45%	56.90%	61.69%	58.11%
Debt/Equity Full definition →	1.27	1.58	1.62	1.06	1.13	1.37	1.40	1.47	1.80	1.56
Asset Turnover Full definition →	0.15	0.15	0.15	0.15	0.12	0.13	0.14	0.15	0.15	0.14
Operating CF/Net income Full definition →	3.70	5.02	6.93	3.36	4.59	5.93	4.12	3.75	3.65	3.00
Capex/Depreciation Full definition →	(0.79)	(0.55)	(0.50)	(0.82)	(0.58)	(0.88)	(0.90)	(0.68)	(0.54)	0.35
Interest Coverage Full definition →	1.89	1.74	1.52	2.11	1.66	1.70	1.97	1.88	1.73	1.87
ROE Full definition →	3.91%	3.46%	2.39%	4.36%	2.17%	2.30%	3.63%	4.31%	4.99%	5.02%
ROA Full definition →	1.65%	1.37%	0.88%	1.83%	0.99%	0.97%	1.45%	1.69%	1.82%	1.80%
ROIC Full definition →	3.31%	2.81%	2.43%	2.79%	2.19%	2.29%	2.57%	2.75%	2.97%	3.43%
Return on Tangible Assets Full definition →	1.71%	1.33%	0.94%	1.74%	1.04%	1.00%	1.55%	1.83%	1.87%	2.01%
Average Days of Receivables Full definition →	59.10	56.60	54.17	63.88	84.12	87.57	82.08	78.17	75.70	77.02
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	6.06%	6.79%	6.89%	6.78%	7.71%	7.95%	7.61%	8.15%	7.75%	8.68%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	0.82%	1.50%	0.92%	1.22%	1.83%	2.26%	2.06%	2.00%	1.55%	1.70%
Graham Net Nets Full definition →	(0.54)	(0.72)	(0.68)	(0.53)	(0.78)	(0.70)	(1.04)	(1.20)	(1.03)	(1.40)
Graham Number Full definition →	17.31	15.88	12.64	21.51	14.73	14.76	18.01	19.04	19.96	19.21
Earnings Yield Full definition →	1.67%	1.62%	1.03%	1.87%	1.59%	1.28%	2.75%	3.66%	3.62%	4.81%
Free Cash Flow Yield Full definition →	3.13%	5.52%	4.35%	2.97%	3.68%	2.83%	4.10%	7.66%	8.64%	18.55%
Revenue per Share Full definition →	6.51	6.74	7.05	6.78	5.76	6.26	7.04	7.33	7.59	7.20
Operating CF per Share Full definition →	2.66	3.12	2.91	2.84	2.12	2.81	2.98	3.14	3.43	2.76
Capex per Share Full definition →	(1.32)	(1.02)	(1.16)	(1.48)	(1.06)	(1.74)	(1.89)	(1.38)	(1.16)	0.75
Free Cash Flow per Share Full definition →	1.35	2.11	1.75	1.36	1.06	1.06	1.09	1.76	2.27	3.51
Cash per Share Full definition →	1.21	1.97	1.22	2.02	2.33	2.33	0.83	1.38	7.06	2.14
Shareholders Equity per Share Full definition →	18.50	18.07	17.09	23.91	20.96	20.17	19.74	19.18	18.64	18.02
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	18.50	18.07	17.09	23.91	20.96	20.17	19.74	19.18	18.64	18.02
Free Cash Flow Full definition →	61.05	98.36	82.10	73.68	63.50	63.74	65.29	105.77	136.90	212.64
Working Capital Full definition →	70.13	102.73	59.76	111.06	159.20	165.16	78.62	116.41	456.93	150.32
Capital Expenditures Full definition →	(59.63)	(47.50)	(54.41)	(80.14)	(63.49)	(104.59)	(113.78)	(82.98)	(70.20)	45.53
Net Current Asset Value Full definition →	(1,045.85)	(1,274.92)	(1,289.40)	(1,323.02)	(1,345.44)	(1,578.11)	(1,657.74)	(1,653.64)	(1,628.42)	(1,608.66)
EV/EBIT Full definition →	30.26	32.27	39.33	32.90	33.88	37.74	27.88	24.60	24.60	18.60
Capex to Sales Full definition →	0.20	0.15	0.16	0.22	0.18	0.28	0.27	0.19	0.15	(0.10)
Price to Operating Income Full definition →	19.92	19.04	23.71	21.85	19.50	22.54	13.87	11.34	12.26	7.86
Other line items
Depreciation/Fixed assets Full definition →	0.04	0.04	0.05	0.04	0.04	0.04	0.05	0.05	0.05	0.05
Cash ROIC Full definition →	3.11%	4.34%	3.80%	2.66%	2.26%	2.12%	2.26%	3.60%	3.84%	7.29%
Accounts Receivable Turnover Full definition →	6.30	6.52	6.76	6.47	4.80	4.43	4.56	4.66	4.83	4.67
Accounts Payable Turnover Full definition →	2.48	2.38	2.04	1.68	1.30	1.41	1.65	1.87	1.98	1.85
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	148.66	165.41	196.74	248.35	273.19	270.80	223.76	187.29	188.24	208.26
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	46.86	48.31	48.97	56.65	71.80	84.79	92.60	94.76	94.72	93.51
Average Payables Full definition →	32.11	35.24	42.34	54.60	60.92	61.90	65.26	63.48	62.33	67.39
Average Assets Full definition →	1,980.61	2,123.40	2,229.06	2,494.29	2,803.82	2,917.62	3,002.90	2,986.28	3,129.02	3,097.32
Average Common Equity Full definition →	833.74	841.35	823.31	1,048.07	1,273.54	1,231.76	1,197.82	1,169.60	1,139.00	1,107.76

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

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