American Assets Trust (AAT) FCF Margin (2010 - 2025)

American Assets Trust (AAT) has reported FCF Margin for 16 consecutive years, with 32.88% the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, FCF Margin rose 1394.0% year-over-year to 32.88%; the trailing twelve-month figure through Dec 2025 stood at 21.75% (down 815.0% YoY), and the FY2025 full-year result was 21.75%, down 815.0% from the prior year.
• FCF Margin slipped to 32.88% in Q4 2025 per AAT's latest filing, from 36.96% in the prior quarter.
• Across five years, FCF Margin topped out at 45.56% in Q2 2025 and bottomed at 118.1% in Q3 2021.
• Historically, FCF Margin has averaged 16.6% across 5 years, with a median of 26.06% in 2023.
• The sharpest annual moves came in 2021 and 2022: FCF Margin tumbled 14960 bps in 2021, then surged 14475 bps in 2022.
• Over 5 years, FCF Margin stood at 38.03% in 2021, then plunged by 68 bps to 11.99% in 2022, then jumped by 49 bps to 17.86% in 2023, then increased by 6 bps to 18.94% in 2024, then surged by 74 bps to 32.88% in 2025.
• According to Business Quant data, FCF Margin over the past three periods registered 32.88%, 36.96%, and 45.56% for Q4 2025, Q3 2025, and Q2 2025 respectively.