American Assets Trust, Inc.

NYSE:AAT Stock Report

Market Cap: US$2.0b

American Assets Trust Past Earnings Performance

Past criteria checks 5/6

American Assets Trust has been growing earnings at an average annual rate of 10%, while the REITs industry saw earnings growing at 18.6% annually. Revenues have been growing at an average rate of 5.8% per year. American Assets Trust's return on equity is 6.6%, and it has net margins of 12.9%.

Key information

10.0%

Earnings growth rate

8.0%

EPS growth rate

REITs Industry Growth19.4%
Revenue growth rate5.8%
Return on equity6.6%
Net Margin12.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

If EPS Growth Is Important To You, American Assets Trust (NYSE:AAT) Presents An Opportunity

Sep 06
If EPS Growth Is Important To You, American Assets Trust (NYSE:AAT) Presents An Opportunity

American Assets Trust: Collect A 5.2% Yield From This Quality Office REIT

Aug 24

American Assets Trust, Inc. Just Beat EPS By 48%: Here's What Analysts Think Will Happen Next

Aug 01
American Assets Trust, Inc. Just Beat EPS By 48%: Here's What Analysts Think Will Happen Next

American Assets Trust: Office Weakness Trumps Green Shoots In Mixed-Use

Jun 11

American Assets Trust: A Quality 6% Yielding REIT For Income-Focused Investors

Mar 27

American Assets Trust: A Quality REIT You May Want To Consider For The Back To Office Recovery

Jan 17

American Assets Trust: A Great Play For Lower Interest Rates

Nov 18

American Assets: Undervalued With Upside Potential

Sep 05

American Assets Trust's Earnings: Solid Performance Amid Economic Headwinds

May 30

American Assets Trust: Maintaining Long-Term Perspective During The Ongoing Downturn

Jan 27

American Assets Trust: Depressed Despite Stable Earnings

Nov 13

American Assets Trust FFO of $0.63 beats by $0.08, revenue of $111.02M beats by $8.63M

Oct 25

REIT Insiders Are Prematurely Bullish On American Assets Trust And Others - A Potential 37% Drop Looms Ahead

Oct 13

American Assets Trust Has Become Too Cheap To Ignore

Sep 15

American Assets Trust declares goes ex dividend tomorrow

Sep 06

American Assets Trust: Offering A Nearly 10-Year High Dividend Yield

Jun 22

Revenue & Expenses Breakdown

How American Assets Trust makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:AAT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2445258400
30 Jun 2444153400
31 Mar 2444054400
31 Dec 2343750390
30 Sep 2343050380
30 Jun 2343051370
31 Mar 2342549360
31 Dec 2241944350
30 Sep 2241542350
30 Jun 2240239330
31 Mar 2239038320
31 Dec 2137328320
30 Sep 2135323290
30 Jun 2133918290
31 Mar 2133017280
31 Dec 2034228290
30 Sep 2035938280
30 Jun 2037245290
31 Mar 2037447280
31 Dec 1936346270
30 Sep 1934640280
30 Jun 1933037260
31 Mar 1933131260
31 Dec 1832720250
30 Sep 1832620220
30 Jun 1832519220
31 Mar 1831721220
31 Dec 1731129230
30 Sep 1730531220
30 Jun 1729930210
31 Mar 1729432200
31 Dec 1629133200
30 Sep 1628632200
30 Jun 1628137210
31 Mar 1627638220
31 Dec 1527139220
30 Sep 1526637230
30 Jun 1526330210
31 Mar 1525825210
31 Dec 1425622200
30 Sep 1425419200
30 Jun 1425217190
31 Mar 1425317190
31 Dec 1325115190

Quality Earnings: AAT has high quality earnings.

Growing Profit Margin: AAT's current net profit margins (12.9%) are higher than last year (11.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AAT's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: AAT's earnings growth over the past year (17.7%) exceeds its 5-year average (10% per year).

Earnings vs Industry: AAT earnings growth over the past year (17.7%) exceeded the REITs industry -13.3%.

Return on Equity

High ROE: AAT's Return on Equity (6.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

American Assets Trust, Inc. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey SpectorBofA Global Research
Paul MorganCanaccord Genuity
Mitchell GermainJMP Securities