American Assets Trust, Inc. (AAT)
NYSE: AAT · Real-Time Price · USD
19.52
-0.54 (-2.69%)
Feb 27, 2026, 4:00 PM EST - Market closed

American Assets Trust Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
410.49423.61419.37402.51360.21
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Other Revenue
21.3729.7317.416.0612.83
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Total Revenue
431.87453.34436.78418.57373.04
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Revenue Growth (YoY
-4.74%3.79%4.35%12.21%9.04%
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Property Expenses
162.71160.16156.09145.97125.2
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Selling, General & Administrative
40.3938.5239.4534.5231.66
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Depreciation & Amortization
127.31125.46119.5123.34116.31
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Total Operating Expenses
330.41324.14315.03303.83273.17
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Operating Income
101.46129.2121.75114.7399.87
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Interest Expense
-78.12-74.53-64.71-58.23-58.59
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Interest & Investment Income
4.339.032.180.230.32
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Other Non-Operating Income
-106.52--0
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EBT Excluding Unusual Items
27.6673.7165.7356.7341.6
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Gain (Loss) on Sale of Assets
44.48----
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Other Unusual Items
-----4.27
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Pretax Income
72.1473.7165.7356.7337.33
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Income Tax Expense
0.770.891.040.850.74
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Earnings From Continuing Operations
71.3772.8264.6955.8836.59
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Minority Interest in Earnings
-15.72-16.02-14.31-12.37-8.22
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Net Income
55.6556.850.3843.5128.38
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Net Income to Common
55.6556.850.3843.5128.38
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Net Income Growth
-2.02%12.74%15.80%53.32%2.59%
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Basic Shares Outstanding
6160606060
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Diluted Shares Outstanding
7777767676
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Shares Change (YoY)
0.29%0.23%0.14%0.08%0.07%
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EPS (Basic)
0.920.940.840.720.47
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EPS (Diluted)
0.920.940.840.720.47
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EPS Growth
-2.38%12.42%15.58%53.17%2.27%
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Dividend Per Share
1.3601.3401.3201.2801.160
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Dividend Growth
1.49%1.52%3.13%10.35%16.00%
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Operating Margin
23.49%28.50%27.87%27.41%26.77%
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Profit Margin
12.88%12.53%11.53%10.39%7.61%
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EBITDA
226.64251.98238.16234.77212.94
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EBITDA Margin
52.48%55.58%54.53%56.09%57.08%
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D&A For Ebitda
125.19122.78116.41120.03113.07
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EBIT
101.46129.2121.75114.7399.87
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EBIT Margin
23.49%28.50%27.87%27.41%26.77%
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Funds From Operations (FFO)
153.45197.53183.44178.57152.34
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FFO Per Share
2.002.582.402.342.00
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Adjusted Funds From Operations (AFFO)
98.26132.16183.44178.57152.34
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AFFO Per Share
1.281.732.402.342.00
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FFO Payout Ratio
54.25%41.35%43.73%43.42%46.06%
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Effective Tax Rate
1.07%1.20%1.58%1.50%1.98%
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Revenue as Reported
436.2457.86441.16422.65375.83
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Source: S&P Capital IQ. Real Estate template. Financial Sources.