American Assets Trust/$AAT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About American Assets Trust
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are predominantly located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
- Ticker
- $AAT
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 232
- Headquarters
- San Diego, United States
- Website
- www.americanassetstrust.com
AAT Metrics
BasicAdvanced
$1.3B
62.62
$0.35
0.98
$1.36
6.22%
Price and volume
Market cap
$1.3B
Beta
0.98
52-week high
$25.97
52-week low
$17.72
Average daily volume
436K
Dividend rate
$1.36
Financial strength
Current ratio
0.565
Quick ratio
0.565
Long term debt to equity
1.385
Total debt to equity
1.626
Interest coverage (TTM)
1.32%
Profitability
EBITDA (TTM)
230.623
Gross margin (TTM)
62.25%
Net profit margin (TTM)
4.81%
Operating margin (TTM)
23.81%
Effective tax rate (TTM)
2.70%
Revenue per employee (TTM)
$1,900,000
Management effectiveness
Return on assets (TTM)
2.26%
Return on equity (TTM)
2.58%
Valuation
Price to earnings (TTM)
62.617
Price to revenue (TTM)
3.014
Price to book
1.21
Price to tangible book (TTM)
1.21
Dividend yield (TTM)
6.22%
Forward dividend yield
6.22%
Growth
Revenue change (TTM)
1.13%
Earnings per share change (TTM)
-65.64%
3-year revenue growth (CAGR)
0.74%
10-year revenue growth (CAGR)
4.42%
3-year earnings per share growth (CAGR)
-24.88%
10-year earnings per share growth (CAGR)
-6.73%
3-year dividend per share growth (CAGR)
1.26%
10-year dividend per share growth (CAGR)
3.12%
What the Analysts think about AAT
Analyst ratings (Buy, Hold, Sell) for American Assets Trust stock.
Analyst projections of the future price of American Assets Trust stock.
Bulls say / Bears say
Retail provides a stable base: 97.9% of the portfolio was leased at quarter-end, and AAT signed 139,000 square feet of retail leases in Q2 at a 3.0% cash rent spread on comparable space. (GlobeNewswire)
Office leasing points to possible income growth: AAT signed 110,000 square feet of office leases in Q2 at a 9.1% cash rent spread, while about 200,000 square feet of signed leases were still due to start paying rent. (GlobeNewswire, MarketBeat)
The company has meaningful near-term funding flexibility: its credit facility was extended to April 2030, and it ended Q2 with about $610 million of liquidity and only $100 million drawn under that facility. (GlobeNewswire)
Cash earnings are barely growing: Q2 FFO fell to $0.51 per diluted share from $0.52 a year earlier, while same-store cash NOI declined 0.1% in the first half of 2026. (GlobeNewswire)
Office vacancy remains a drag: just 84.4% of the office portfolio was leased at quarter-end, well below retail occupancy, and cash-flow improvement depends on leases still waiting to commence. (GlobeNewswire, MarketBeat)
Leverage is still elevated: net debt to EBITDA was 6.9 times on a trailing 12-month basis, above the company's long-term target of 5.5 times or lower, leaving less room for delays in the operating recovery. (MarketBeat)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
AAT Financial Performance
Revenues and expenses
AAT Earnings Performance
Company profitability
Upcoming events
AAT News
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Funds containing AAT
Fund name | Fund size | $AAT weighting |
|---|---|---|
iShares Developed Markets Property Yield£IWDP | $1.2B | 0.07% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.07% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.06% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.06% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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