American Assets Trust, Inc. (AAT) Earnings History
Annual and quarterly earnings data from 2008 to 2025
Loading earnings history...
AAT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AAT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 61.1% | 33.5% | 16.4% |
| 2024 | 63.4% | 28.2% | 15.9% |
| 2023 | 62.8% | 27.6% | 14.7% |
| 2022 | 63.9% | 27.1% | 13.2% |
| 2021 | 65.5% | 26.6% | 9.7% |
Download Data
Export AAT earnings history in CSV or JSON format
Free sign-in required to download data
American Assets Trust, Inc. (AAT) Earnings Overview
As of May 8, 2026, American Assets Trust, Inc. (AAT) reported trailing twelve-month net income of $71M, reflecting -2.1% year-over-year growth. The company earned $0.93 per diluted share over the past four quarters, with a net profit margin of 16.4%.
Looking at the long-term picture, AAT's 5-year EPS compound annual growth rate (CAGR) stands at +14.9%, showing solid earnings momentum. The company achieved its highest annual net income of $73M in fiscal 2024.
American Assets Trust, Inc. maintains industry-leading profitability with a gross margin of 61.1%, operating margin of 33.5%, and net margin of 16.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ESRT ($48M net income, 6.2% margin), UE ($108M net income, 19.8% margin), PECO ($115M net income, 15.2% margin), AAT has outperformed on profitability metrics. Compare AAT vs ESRT →
AAT Earnings vs Peers
Earnings metrics vs comparable public companies
AAT Historical Earnings Data (2008–2025)
18 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $71M | -2.0% | $146M | $0.92 | 16.4% | 33.5% |
| 2024 | $73M | +12.6% | $129M | $0.94 | 15.9% | 28.2% |
| 2023 | $65M | +15.8% | $122M | $0.84 | 14.7% | 27.6% |
| 2022 | $56M | +52.7% | $115M | $0.72 | 13.2% | 27.1% |
| 2021 | $37M | +2.8% | $100M | $0.47 | 9.7% | 26.6% |
| 2020 | $36M | -40.9% | $89M | $0.46 | 10.3% | 25.7% |
| 2019 | $60M | +121.3% | $114M | $0.84 | 16.4% | 31.0% |
| 2018 | $27M | -32.2% | $80M | $0.42 | 8.2% | 24.0% |
| 2017 | $40M | -12.1% | $94M | $0.63 | 12.7% | 29.7% |
| 2016 | $46M | -15.4% | $98M | $0.72 | 15.5% | 33.2% |
See AAT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs AAT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare AAT vs WELL
Side-by-side business, growth, and profitability comparison vs Welltower Inc..
Start ComparisonAAT — Frequently Asked Questions
Quick answers to the most common questions about buying AAT stock.
Is AAT growing earnings?
AAT EPS of $0.93 reflects slowing growth at -2.1%, below the 5-year CAGR of +14.9%. TTM net income is $71M. Expansion rate has moderated.
What are AAT's profit margins?
American Assets Trust, Inc. net margin is +16.4%, with operating margin at +33.5%. Above-average margins indicate pricing power.
How consistent are AAT's earnings?
AAT earnings data spans 2008-2025. The current earnings trend is -2.1% YoY. Historical data enables comparison across business cycles.