American Assets Trust (AAT) FCF Margin (2010 - 2025)
American Assets Trust (AAT) reported FCF Margin of 20.89% for Q4 2025, up 1.96 percentage points from 18.94% a year earlier but down 0.17 percentage points from the prior quarter.
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Analysis
American Assets Trust (AAT) FCF Margin (2010 - 2025) Analysis & Trends
For FY2025, American Assets Trust posted FCF Margin of 21.75%, down 8.15 percentage points from FY2024.
- FCF Margin has a five-year change of +3.32 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 29.90% in FY2024 (+5.93 pp), 23.98% in FY2023 (+8.53 pp), 15.45% in FY2022 (-1.51 pp) and 16.96% in FY2021 (-1.47 pp).
- Five-year quarterly FCF Margin spans a low of -8.96% in Q4 2021 and a high of 39.60% in Q1 2024.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of -1.12 percentage points.
- The high point for year-over-year FCF Margin in five years was Q4 2022 (a gain of 20.96 percentage points); the low point was Q1 2022 (a drop of 27.88 percentage points).
- Per Business Quant data, the three quarters before Q4 2025 came in at 21.06% (Q3 2025), 26.27% (Q2 2025) and 18.81% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | American Assets Trust | 1.30 Bn | 1.24 Bn | - | - |
Historic Data
Download Data
Historic 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 | 18.94% |
| Sep 30, 2024 | 22.77% |
| Jun 30, 2024 | 39.32% |
| Mar 31, 2024 | 39.60% |
| Dec 31, 2023 | 17.86% |
| 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 | 13.13% |
| Mar 31, 2022 | 9.18% |
| Dec 31, 2021 | -8.96% |
| Sep 30, 2021 | 32.21% |
| Jun 30, 2021 | 10.97% |
| Mar 31, 2021 | 37.07% |
API Access
American Assets Trust FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();