American Assets Trust, Inc. (AAT) — Financial statements
Income statement, balance sheet, and cash flow for American Assets Trust, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 436↓4.7% | 458↑3.8% | 441↑4.4% | 423↑12.5% | 376 | |
| Cost of Revenue | 170↑1.1% | 168↑2.3% | 164↑7.6% | 152↑17.5% | 130 | |
| Gross Profit | 267↓8.1% | 290↑4.7% | 277↑2.6% | 270↑9.8% | 246 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 38↑6.7% | 35↓1.4% | 36↑11.9% | 32↑7.6% | 30 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 38↑6.7% | 35↓1.4% | 36↑11.9% | 32↑7.6% | 30 | |
| Other Expenses | 83↓34.0% | 125↑5.0% | 120↓3.1% | 123↑6.0% | 116 | |
| Operating Expenses | 121↓25.0% | 161↑3.5% | 155↓0.0% | 155↑6.4% | 146 | |
| Total Costs & Expenses | 290↓11.7% | 329↑2.9% | 319↑3.7% | 308↑11.6% | 276 | |
| Operating Results | ||||||
| Operating Income | 146↑13.0% | 129↑6.1% | 122↑6.1% | 115↑14.9% | 100 | |
| Depreciation & Amortization | 127↑1.5% | 125↑5.0% | 120↓3.1% | 123↑6.0% | 116 | |
| EBITDA | 278↑1.4% | 274↑9.5% | 250↑4.9% | 238↑12.3% | 212 | |
| EBIT | 150↑1.4% | 148↑13.6% | 130↑13.5% | 115↑19.9% | 96 | |
| Interest & Other Income | ||||||
| Net Interest Income | -74↓12.7% | -65↓4.7% | -63↓7.8% | -58↑0.4% | -58 | |
| Interest Income | 4↓52.1% | 9↑315.2% | 2↑866.7% | 0.23↓30.6% | 0.32 | |
| Interest Expense | 78↑4.8% | 75↑15.2% | 65↑11.1% | 58↓0.6% | 59 | |
| Non-Operating Income | -4↑77.3% | -19↓119.0% | -9↓3762.2% | -0.23↓105.7% | 4 | |
| Other Income / Expenses | -74↓33.0% | -55↑0.9% | -56↑3.4% | -58↑7.2% | -63 | |
| Income Before Tax | 72↓2.1% | 74↑12.1% | 66↑15.9% | 57↑52.0% | 37 | |
| Income Tax Expense | 0.77↓13.1% | 0.89↓14.9% | 1↑22.5% | 0.85↑15.2% | 0.74 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 71↓2.0% | 73↑12.6% | 65↑15.8% | 56↑52.7% | 37 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 71↓2.0% | 73↑12.6% | 65↑15.8% | 56↑52.7% | 37 | |
| Bottom-Line Net Income | 57↓21.6% | 72↑12.7% | 64↑15.8% | 55↑53.3% | 36 | |
| EPS (Basic) | 0.92↓2.1% | 0.94↓11.3% | 1.06↑47.2% | 0.72↑53.2% | 0.47 | |
| EPS (Diluted) | 0.92↓2.1% | 0.94↑11.9% | 0.84↑16.7% | 0.72↑53.2% | 0.47 | |
| Weighted Average Shares | 61↑0.4% | 60↑0.3% | 60↑0.2% | 60↑0.1% | 60 | |
| Weighted Average Diluted Shares | 77↑0.3% | 77↑0.2% | 76↑0.1% | 76↑0.1% | 76 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.