American Assets Trust (AAT) Debt to Equity (2010 - 2025)

American Assets Trust (AAT) reported Debt to Equity of $1.4 for Q4 2025, up 2007.61% on a YoY basis from $0.07 in Q4 2024, and up 2089.66% quarter-over-quarter from $0.06 in Q3 2025.

American Assets Trust (AAT) Debt to Equity (2010 - 2025) Analysis & Trends

American Assets Trust has reported Debt to Equity for 16 years, with the latest figure at $1.4 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 2007.61% year-over-year to $1.4; the trailing twelve-month figure through Dec 2025 stood at $1.4 (up 2007.61% YoY), and the FY2025 full-year result was $1.4, up 2007.61% from the prior year.
  • Debt to Equity for Q4 2025 stood at $1.4, up from $0.06 in the prior quarter.
  • The five-year high for Debt to Equity was $1.72 in Q3 2024, with the low at $0.06 in Q3 2022.
  • Historically, Debt to Equity has averaged $0.92 across 5 years, with a median of $1.27 in 2021.
  • Annual changes were most pronounced in 2023 — Debt to Equity jumped 2066.12% — and 2025, when it sank 96.28%.
  • American Assets Trust's Debt to Equity stood at $1.26 in 2021, then gained by 0.77% to $1.27 in 2022, then slumped by 94.91% to $0.06 in 2023, then increased by 2.73% to $0.07 in 2024, then soared by 2007.61% to $1.4 in 2025.
  • The last three Debt to Equity figures came in at $1.4 (Q4 2025), $0.06 (Q3 2025), and $0.06 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn -
2 Broadstone Net Lease 4.01 Bn 4.11 Bn - 0.02
3 American Assets Trust 1.48 Bn 1.42 Bn - 1.40
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn -
5 Empire State Realty Trust 973.69 Mn 1.70 Bn - 0.05
6 JBG SMITH Properties 887.28 Mn 1.38 Bn - 0.63
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn -
8 Gladstone Commercial 618.88 Mn 788.92 Mn - 0.21
9 AH Realty Trust 547.30 Mn 729.64 Mn - -
10 One Liberty Properties 515.72 Mn 495.45 Mn - 1.78

Historic Data

Download Data
DateValue
Dec 31, 2025 1.40
Sep 30, 2025 0.06
Jun 30, 2025 0.06
Mar 31, 2025 1.35
Dec 31, 2024 0.07
Sep 30, 2024 1.72
Jun 30, 2024 1.37
Mar 31, 2024 1.36
Dec 31, 2023 0.06
Sep 30, 2023 1.35
Mar 31, 2023 1.33
Dec 31, 2022 1.27
Sep 30, 2022 0.06
Jun 30, 2022 1.28
Mar 31, 2022 1.25
Sep 30, 2021 1.26
Jun 30, 2021 1.23
Mar 31, 2021 0.09
Dec 31, 2020 0.08
Sep 30, 2020 0.09