American Assets Trust (AAT) Capital Expenditures (2010 - 2025)
American Assets Trust (AAT) reported Capital Expenditures of $17.57 million for Q4 2025, down 8.3% from $19.15 million a year earlier but up 0.8% from the prior quarter.
American Assets Trust (AAT) Capital Expenditures (2010 - 2025) Analysis & Trends
For FY2025, American Assets Trust posted Capital Expenditures of $72.26 million, up 2.9% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 2.6% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $70.21 million in FY2024 (-15.4%), $82.98 million in FY2023 (-27.1%), $113.78 million in FY2022 (+8.8%) and $104.59 million in FY2021 (+64.7%).
- Five-year quarterly Capital Expenditures spans a low of $10.94 million in Q1 2024 and a high of $47.82 million in Q4 2021.
- Year over year, Capital Expenditures gained in four of the last eight quarters, with an average decline of 0.6%.
- The high point for year-over-year Capital Expenditures in five years was Q4 2021 (growth of 223.1%); the low point was Q1 2024 (a decline of 55.4%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $17.43 million (Q3 2025), $20.81 million (Q2 2025) and $16.45 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 254.90 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 57.19 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 56.02 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 101.83 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.76 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 21.69 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | American Assets Trust | 1.30 Bn | 1.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 17.57 Mn |
| Sep 30, 2025 | 17.43 Mn |
| Jun 30, 2025 | 20.81 Mn |
| Mar 31, 2025 | 16.45 Mn |
| Dec 31, 2024 | 19.15 Mn |
| Sep 30, 2024 | 24.44 Mn |
| Jun 30, 2024 | 15.68 Mn |
| Mar 31, 2024 | 10.94 Mn |
| Dec 31, 2023 | 18.75 Mn |
| Sep 30, 2023 | 19.82 Mn |
| Jun 30, 2023 | 19.89 Mn |
| Mar 31, 2023 | 24.52 Mn |
| Dec 31, 2022 | 25.47 Mn |
| Sep 30, 2022 | 25.25 Mn |
| Jun 30, 2022 | 33.23 Mn |
| Mar 31, 2022 | 29.83 Mn |
| Dec 31, 2021 | 47.82 Mn |
| Sep 30, 2021 | 21.25 Mn |
| Jun 30, 2021 | 24.15 Mn |
| Mar 31, 2021 | 11.37 Mn |
American Assets Trust Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=AAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "AAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=AAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();