American Assets Trust (AAT) Construction in Progress (2010 - 2026)
American Assets Trust (AAT) posted quarterly Construction in Progress of $88.2 million for Q2 2026, up 29.51% year-over-year from $68.1 million in Q2 2025, and up 27.88% on a QoQ basis from $68.9 million in Q4 2025.
American Assets Trust (AAT) Construction in Progress (2010 - 2026) Analysis & Trends
American Assets Trust has reported Construction in Progress for 17 years, with the latest figure at $88.2 million in Q2 2026.
- Construction in Progress for Q2 2026 came in at $88.2 million, up 29.51% year-over-year; the trailing twelve-month figure through Jun 2026 was $88.2 million (up 29.51% YoY), and the FY2025 annual result was $68.9 million, down 61.02% from the prior year.
- Construction in Progress grew to $88.2 million in Q2 2026, from $68.9 million in the prior quarter.
- Over five years, Construction in Progress peaked at $245.0 million in Q2 2024 and troughed at $68.1 million in Q2 2025.
- A 5-year average of $175.8 million and a median of $194.8 million in 2022 frame the typical range for Construction in Progress.
- The widest annual swing landed in 2022, when Construction in Progress jumped 71.04%; it then tumbled 72.22% in 2025.
- A 5-year view of Construction in Progress shows it stood at $202.4 million in 2022, then grew by 17.84% to $238.5 million in 2023, then dropped by 25.84% to $176.9 million in 2024, then tumbled by 61.02% to $68.9 million in 2025, then gained by 27.88% to $88.2 million in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $88.2 million in Q2 2026, $68.9 million in Q4 2025, and $73.7 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 23.27 Mn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | - |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 406,000.00 |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 88.16 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | - |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | 8.19 Mn |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 8.50 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 111.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |