American Assets Trust (AAT) Capital Expenditures (2010 - 2025)

American Assets Trust (AAT) reported Capital Expenditures of $17.6 million for Q4 2025, down 8.28% on a YoY basis from $19.2 million in Q4 2024, and up 0.8% quarter-over-quarter from $17.4 million in Q3 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 $17.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures fell 8.28% year-over-year to $17.6 million; the trailing twelve-month figure through Dec 2025 stood at $72.3 million (up 2.92% YoY), and the FY2025 full-year result was $72.3 million, up 2.92% from the prior year.
  • Capital Expenditures for Q4 2025 stood at $17.6 million, up from $17.4 million in the prior quarter.
  • The five-year high for Capital Expenditures was $47.8 million in Q4 2021, with the low at $10.9 million in Q1 2024.
  • Historically, Capital Expenditures has averaged $22.2 million across 5 years, with a median of $20.4 million in 2023.
  • Annual changes were most pronounced in 2021 — Capital Expenditures surged 223.12% — and 2024, when it sank 55.38%.
  • American Assets Trust's Capital Expenditures stood at $47.8 million in 2021, then slumped by 46.74% 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 decreased by 8.28% to $17.6 million in 2025.
  • The last three Capital Expenditures figures came in at $17.6 million (Q4 2025), $17.4 million (Q3 2025), and $20.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 628,000.00
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 1.36 Mn
3 American Assets Trust 1.46 Bn 1.40 Bn - 17.57 Mn
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn -
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 18.19 Mn
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 23.24 Mn
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 3.62 Mn
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - -
10 One Liberty Properties 510.56 Mn 490.30 Mn - 1.82 Mn

Historic Data

Download Data
DateValue
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 19.15 Mn
Dec 31, 2024 19.15 Mn
Sep 30, 2024 24.44 Mn
Sep 30, 2024 24.44 Mn
Jun 30, 2024 15.68 Mn
Jun 30, 2024 15.68 Mn
Mar 31, 2024 10.94 Mn
Mar 31, 2024 10.94 Mn
Dec 31, 2023 18.75 Mn
Dec 31, 2023 18.75 Mn
Sep 30, 2023 19.82 Mn
Sep 30, 2023 19.82 Mn