American Assets Trust AAT
NYSE AAT
$21.53 -0.05 (-0.21%)
As of: Sep 10, 2026 · 12:33 PM EDT

American Assets Trust (AAT) Construction in Progress (2010 - 2026)

American Assets Trust's (AAT) quarterly Construction in Progress came in at $88.2 million in Q2 2026, up 29.51% on a YoY basis from $68.1 million in Q2 2025, and up 27.88% quarter-over-quarter from $68.9 million in Q4 2025.

Analysis

American Assets Trust (AAT) Construction in Progress (2010 - 2026) Analysis & Trends

American Assets Trust (AAT) has reported Construction in Progress for 17 consecutive years, with $88.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Construction in Progress rose 29.51% year-over-year to $88.2 million; the trailing twelve-month figure through Jun 2026 stood at $88.2 million (up 29.51% YoY), and the FY2025 full-year result was $68.9 million, down 61.02% from the prior year.
  • Construction in Progress grew to $88.2 million in Q2 2026 per AAT's latest filing, from $68.9 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $245.0 million in Q2 2024 and bottomed at $68.1 million in Q2 2025.
  • Historically, Construction in Progress has averaged $175.8 million across 5 years, with a median of $194.8 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Construction in Progress surged 71.04% in 2022, then sank 72.22% in 2025.
  • Over 5 years, Construction in Progress stood at $202.4 million in 2022, then rose by 17.84% to $238.5 million in 2023, then fell by 25.84% to $176.9 million in 2024, then tumbled by 61.02% to $68.9 million in 2025, then climbed by 27.88% to $88.2 million in 2026.
  • According to Business Quant data, Construction in Progress over the past three periods registered $88.2 million, $68.9 million, and $73.7 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Brookfield Property Partners 15.46 Bn 13.97 Bn - -
2 Alexandria Real Estate Equities 8.56 Bn 7.45 Bn - -
3 Cousins Properties 4.58 Bn 4.58 Bn 183.86 Mn -
4 Kilroy Realty 4.06 Bn 4.06 Bn 212.24 Mn 1.60 Bn
5 Copt Defense Properties 3.97 Bn 3.97 Bn 191.37 Mn 292.14 Mn
6 Sl Green Realty 3.65 Bn 3.65 Bn 263.98 Mn -
7 Highwoods Properties 3.35 Bn 3.01 Bn - -
8 Douglas Emmett 1.79 Bn 1.43 Bn 178.95 Mn -
9 Alexanders 1.32 Bn 1.02 Bn - -
10 American Assets Trust 1.31 Bn 1.31 Bn - 88.16 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 88.16 Mn
Dec 31, 2025 68.94 Mn
Sep 30, 2025 73.73 Mn
Jun 30, 2025 68.07 Mn
Mar 31, 2025 185.20 Mn
Dec 31, 2024 176.87 Mn
Sep 30, 2024 205.69 Mn
Jun 30, 2024 245.00 Mn
Mar 31, 2024 235.72 Mn
Dec 31, 2023 238.48 Mn
Sep 30, 2023 233.72 Mn
Jun 30, 2023 220.91 Mn
Mar 31, 2023 214.69 Mn
Dec 31, 2022 202.39 Mn
Sep 30, 2022 194.80 Mn
Jun 30, 2022 176.58 Mn
Mar 31, 2022 159.07 Mn
Dec 31, 2021 139.10 Mn
Sep 30, 2021 117.07 Mn
Jun 30, 2021 115.55 Mn