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| 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 | 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 |