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) Return on invested capital

Alert me on Return on invested capital

American Assets Trust, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 2.47%, down 1.0 percentage points from fiscal 2025 (3.43%). Over the past ten years it has ranged from 2.19% (fiscal 2020) to 3.43% (fiscal 2025) — the current reading is the highest in ten years. That is below the Reit Diversified industry median of 2.88% and above the Real Estate sector median of 2.06%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 3.43% 0.46
FY2024 2.97% 0.22
FY2023 2.75% 0.18
FY2022 2.57% 0.28
FY2021 2.29% 0.10
FY2020 2.19% (0.60)
FY2019 2.79% 0.36
FY2018 2.43% (0.38)
FY2017 2.81% (0.50)
FY2016 3.31% 0.11

Against its own ten years

Low 2.19% High 3.43%
Ten-year median 2.79%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
SAFE Safehold Inc. compare 5.50%
GNL Global Net Lease, Inc. compare 3.36%
BNL Broadstone Net Lease, Inc. compare 2.94%
CTO CTO Realty Growth, Inc. compare 2.90%
AHRT AH Realty Trust Inc compare 2.88%
AAT American Assets Trust, Inc. 2.47%
JBGS JBG SMITH Properties compare 0.28%
FVR FrontView REIT, Inc. compare 0.00%
ESRT Empire State Realty Trust, Inc. compare −0.55%
Reit Diversified industry median 2.88%
Real Estate sector median 2.06%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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