American Assets Trust (AAT) EBITDA (2010 - 2025)

American Assets Trust (AAT) reported EBITDA of $2.7 million for Q4 2025, down 77.46% on a YoY basis from $11.9 million in Q4 2024, and down 46.56% quarter-over-quarter from $5.0 million in Q3 2025.

American Assets Trust (AAT) EBITDA (2010 - 2025) Analysis & Trends

American Assets Trust has reported EBITDA for 16 years, with the latest figure at $2.7 million in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA fell 77.46% year-over-year to $2.7 million; the trailing twelve-month figure through Dec 2025 stood at $65.2 million (up 15.38% YoY), and the FY2025 full-year result was $53.2 million, down 22.22% from the prior year.
  • EBITDA for Q4 2025 stood at $2.7 million, down from $5.0 million in the prior quarter.
  • The five-year high for EBITDA was $52.7 million in Q1 2025, with the low at $1.6 million in Q1 2021.
  • Historically, EBITDA has averaged $13.8 million across 5 years, with a median of $12.6 million in 2023.
  • Annual changes were most pronounced in 2022 — EBITDA surged 826.42% — and 2025, when it plunged 77.46%.
  • American Assets Trust's EBITDA stood at $3.3 million in 2021, then surged by 556.63% to $21.7 million in 2022, then sank by 59.86% to $8.7 million in 2023, then surged by 37.17% to $11.9 million in 2024, then sank by 77.46% to $2.7 million in 2025.
  • The last three EBITDA figures came in at $2.7 million (Q4 2025), $5.0 million (Q3 2025), and $4.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 883.75 Mn
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 49.01 Mn
3 American Assets Trust 1.46 Bn 1.40 Bn - 2.69 Mn
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 25.55 Mn
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 29.46 Mn
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 12.51 Mn
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 10.29 Mn
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 9.70 Mn
9 AH Realty Trust 540.92 Mn 723.25 Mn - -23.01 Mn
10 One Liberty Properties 510.56 Mn 490.30 Mn - 13.48 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.69 Mn
Sep 30, 2025 5.04 Mn
Jun 30, 2025 4.85 Mn
Mar 31, 2025 52.66 Mn
Dec 31, 2024 11.95 Mn
Sep 30, 2024 12.77 Mn
Jun 30, 2024 11.35 Mn
Mar 31, 2024 20.48 Mn
Dec 31, 2023 8.71 Mn
Sep 30, 2023 12.49 Mn
Jun 30, 2023 15.53 Mn
Mar 31, 2023 13.87 Mn
Dec 31, 2022 21.70 Mn
Sep 30, 2022 20.30 Mn
Jun 30, 2022 16.63 Mn
Mar 31, 2022 14.87 Mn
Dec 31, 2021 3.30 Mn
Sep 30, 2021 13.06 Mn
Jun 30, 2021 11.69 Mn
Mar 31, 2021 1.61 Mn