American Assets Trust (AAT) FCF Margin (2010 - 2025)
American Assets Trust (AAT) posted FCF Margin of 20.89% for Q4 2025, down 0.78% on a QoQ basis from 21.06% in Q3 2025, and down 5992.0% year-over-year from 0.35% in Q4 2024.
American Assets Trust (AAT) FCF Margin (2010 - 2025) Analysis & Trends
American Assets Trust's FCF Margin history runs 16 years deep, the most recent figure standing at 20.89% for Q4 2025.
- Quarterly FCF Margin fell 5992.0% year-over-year to 20.89% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 21.75% (down 2349.0% YoY) and the FY2025 annual result came in at 21.75%, down 2349.0% from the prior year.
- FCF Margin was 20.89% for Q4 2025 at American Assets Trust, down from 21.06% in the prior quarter.
- Across five years, FCF Margin topped out at 91.63% in Q4 2023 and bottomed at 8.96% in Q4 2021.
- A 5-year average of 28.73% and a median of 25.87% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin jumped 7964 bps — and 2025, when it slumped 5992 bps.
- American Assets Trust's FCF Margin stood at 8.96% in 2021, then jumped by 234 bps to 11.99% in 2022, then surged by 664 bps to 91.63% in 2023, then retreated by 12 bps to 80.82% in 2024, then sank by 74 bps to 20.89% in 2025.
- Business Quant data shows AAT's FCF Margin at 20.89% in Q4 2025, 21.06% in Q3 2025, and 26.27% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 61.98% |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | -46.53% |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 61.55% |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 20.89% |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | -7.76% |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 26.65% |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 33.12% |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | -19.25% |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 26.69% |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | 42.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 20.89% |
| Sep 30, 2025 | 21.06% |
| Jun 30, 2025 | 26.27% |
| Mar 31, 2025 | 18.81% |
| Dec 31, 2024 | 80.82% |
| Sep 30, 2024 | 1.10% |
| Jun 30, 2024 | 53.46% |
| Mar 31, 2024 | 49.49% |
| Dec 31, 2023 | 91.63% |
| Sep 30, 2023 | 28.75% |
| Jun 30, 2023 | 23.93% |
| Mar 31, 2023 | 25.47% |
| Dec 31, 2022 | 11.99% |
| Sep 30, 2022 | 26.64% |
| Jun 30, 2022 | 27.86% |
| Mar 31, 2022 | -5.93% |
| Dec 31, 2021 | -8.96% |
| Sep 30, 2021 | 32.21% |
| Jun 30, 2021 | -1.42% |
| Mar 31, 2021 | 50.61% |