American Assets Trust, Inc.

AAT

Real Estate Reit Diversified

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%
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

American Assets Trust, Inc. (AAT) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, American Assets Trust, Inc. (AAT) trades at a P/E ratio of 55.9×. Over the past ten years it has ranged from 13.0× (April 2025) to 139× (June 2021); the current reading is higher than 53% of that period. That is above the Reit Diversified industry median of 22.4× and above the Real Estate sector median of 23.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 20.8× (24.74%)
FY2024 27.6× 1.22%
FY2023 27.3× (24.80%)
FY2022 36.3× (53.55%)
FY2021 78.2× 24.54%
FY2020 62.8× 17.63%
FY2019 53.4× (44.82%)
FY2018 96.7× 57.15%
FY2017 61.5× 2.96%
FY2016 59.8× 34.05%

Quarterly newest first

Period P/E ratio Change
Sep 2026 55.2× (35.14%)
Jun 2026 85.1× 34.11%
Mar 2026 63.5× 205.17%
Dec 2025 20.8× 3.40%
43 more quarters

Against its own ten years

Low 13.0× High 139×
Ten-year median 54.3×
Current reading's percentile 55

P/E ratio against peers

Company P/E ratio
FVR FrontView REIT, Inc. compare n/m
GNL Global Net Lease, Inc. compare n/m
AHRT AH Realty Trust Inc compare n/m
JBGS JBG SMITH Properties compare n/m
SAFE Safehold Inc. compare 6.4×
CTO CTO Realty Growth, Inc. compare 16.9×
BNL Broadstone Net Lease, Inc. compare 22.8×
AAT American Assets Trust, Inc. 55.9×
ESRT Empire State Realty Trust, Inc. compare 177×
Reit Diversified industry median 22.4×
Real Estate sector median 23.7×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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