American Assets Trust (AAT) FCF Payout Ratio (2010 - 2025)

American Assets Trust (AAT) posted FCF Payout Ratio of 1.15 for Q4 2025, up 0.65% on a QoQ basis from 1.14 in Q3 2025, and up 305.96% year-over-year from 0.28 in Q4 2024.

American Assets Trust (AAT) FCF Payout Ratio (2010 - 2025) Analysis & Trends

American Assets Trust's FCF Payout Ratio history runs 16 years deep, the most recent figure standing at 1.15 for Q4 2025.

  • Quarterly FCF Payout Ratio rose 305.96% year-over-year to 1.15 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 1.11 (up 122.31% YoY) and the FY2025 annual result came in at 1.11, up 122.31% from the prior year.
  • FCF Payout Ratio was 1.15 for Q4 2025 at American Assets Trust, up from 1.14 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 19.08 in Q3 2024 and bottomed at 16.45 in Q2 2021.
  • A 5-year average of 0.47 and a median of 0.81 in 2023 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2021 — FCF Payout Ratio sank 1073.43% — and 2024, when it jumped 2304.07%.
  • American Assets Trust's FCF Payout Ratio stood at 2.52 in 2021, then surged by 176.7% to 1.94 in 2022, then plunged by 87.25% to 0.25 in 2023, then rose by 14.47% to 0.28 in 2024, then jumped by 305.96% to 1.15 in 2025.
  • Business Quant data shows AAT's FCF Payout Ratio at 1.15 in Q4 2025, 1.14 in Q3 2025, and 0.93 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 0.77
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -0.97
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 0.75
4 American Assets Trust 1.47 Bn 1.41 Bn - 1.15
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -1.48
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 0.07
7 Cim 917.30 Mn 735.54 Mn - 0.92
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -0.14
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 0.02
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 0.98

Historic Data

Download Data
DateValue
Dec 31, 2025 1.15
Sep 30, 2025 1.14
Jun 30, 2025 0.93
Mar 31, 2025 1.29
Dec 31, 2024 0.28
Sep 30, 2024 19.08
Jun 30, 2024 0.44
Mar 31, 2024 0.47
Dec 31, 2023 0.25
Sep 30, 2023 0.79
Jun 30, 2023 0.97
Mar 31, 2023 0.92
Dec 31, 2022 1.94
Sep 30, 2022 0.83
Jun 30, 2022 0.85
Mar 31, 2022 -4.08
Dec 31, 2021 -2.52
Sep 30, 2021 0.73
Jun 30, 2021 -16.45
Mar 31, 2021 0.50