American Assets Trust (AAT) Capital Expenditures (2010 - 2025)
American Assets Trust (AAT) posted quarterly Capital Expenditures of $4.4 million for Q4 2025, down 77.15% year-over-year from $19.2 million in Q4 2024, and down 93.55% on a QoQ basis from $67.9 million in Q1 2025.
American Assets Trust (AAT) Capital Expenditures (2010 - 2025) Analysis & Trends
American Assets Trust has reported Capital Expenditures for 16 years, with the latest figure at $4.4 million in Q4 2025.
- Capital Expenditures for Q4 2025 came in at $4.4 million, down 77.15% year-over-year; the trailing twelve-month figure through Dec 2025 was $72.3 million (up 2.92% YoY), and the FY2025 annual result was $72.3 million, up 2.92% from the prior year.
- Capital Expenditures fell to $4.4 million in Q4 2025, from $67.9 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $169.0 million in Q3 2021 and troughed at $4.4 million in Q4 2025.
- A 5-year average of $32.0 million and a median of $19.9 million in 2023 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2021, when Capital Expenditures surged 1156.49%; it then slumped 85.06% in 2022.
- A 5-year view of Capital Expenditures shows it stood at $169.0 million in 2021, then sank by 84.93% to $25.5 million in 2022, then declined by 26.37% to $18.8 million in 2023, then advanced by 2.15% to $19.2 million in 2024, then plunged by 77.15% to $4.4 million in 2025.
- Per Business Quant data, the three most recent Capital Expenditures figures were $4.4 million in Q4 2025, $67.9 million in Q1 2025, and $19.2 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | 434.41 Mn |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 74.71 Mn |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | 25.37 Mn |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 1.82 Mn |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | - |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 1.28 Mn |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | 30.99 Mn |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 9.13 Mn |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | 15.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.57 Mn |
| Dec 31, 2025 | 17.57 Mn |
| Sep 30, 2025 | 17.43 Mn |
| Sep 30, 2025 | 17.43 Mn |
| Jun 30, 2025 | 20.81 Mn |
| Jun 30, 2025 | 20.81 Mn |
| Mar 31, 2025 | 16.45 Mn |
| Mar 31, 2025 | 16.45 Mn |
| Dec 31, 2024 | -51.05 Mn |
| Dec 31, 2024 | -51.05 Mn |
| Sep 30, 2024 | 51.05 Mn |
| Sep 30, 2024 | 51.05 Mn |
| Dec 31, 2023 | -64.23 Mn |
| Dec 31, 2023 | -64.23 Mn |
| Sep 30, 2023 | 19.82 Mn |
| Sep 30, 2023 | 19.82 Mn |
| Jun 30, 2023 | 19.89 Mn |
| Jun 30, 2023 | 19.89 Mn |
| Mar 31, 2023 | 24.52 Mn |
| Mar 31, 2023 | 24.52 Mn |