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
Download Data
Historic 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 |