American Assets Trust (AAT) Free Cash Flow (2010 - 2025)
American Assets Trust (AAT) posted Free Cash Flow of $23.0 million for Q4 2025, little changed on a QoQ basis from $23.1 million in Q3 2025, and down 74.91% year-over-year from $91.7 million in Q4 2024.
American Assets Trust (AAT) Free Cash Flow (2010 - 2025) Analysis & Trends
American Assets Trust's Free Cash Flow history runs 16 years deep, the most recent figure standing at $23.0 million for Q4 2025.
- Quarterly Free Cash Flow fell 74.91% year-over-year to $23.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $94.9 million (down 54.2% YoY) and the FY2025 annual result came in at $94.9 million, down 54.2% from the prior year.
- Free Cash Flow was $23.0 million for Q4 2025 at American Assets Trust, roughly flat from $23.1 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $103.1 million in Q4 2023 and bottomed at -$9.1 million in Q4 2021.
- A 5-year average of $31.0 million and a median of $27.9 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2021 — Free Cash Flow plunged 114.42% — and 2022, when it surged 2323.37%.
- American Assets Trust's Free Cash Flow stood at -$9.1 million in 2021, then soared by 239.41% to $12.7 million in 2022, then surged by 710.78% to $103.1 million in 2023, then decreased by 11.04% to $91.7 million in 2024, then plunged by 74.91% to $23.0 million in 2025.
- Business Quant data shows AAT's Free Cash Flow at $23.0 million in Q4 2025, $23.1 million in Q3 2025, and $28.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 631.24 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | -211.49 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 74.73 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 23.00 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | -8.60 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 50.72 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 32.32 Mn |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | -24.57 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 10.99 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | 17.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.00 Mn |
| Dec 31, 2025 | 23.00 Mn |
| Sep 30, 2025 | 23.08 Mn |
| Sep 30, 2025 | 23.08 Mn |
| Jun 30, 2025 | 28.36 Mn |
| Jun 30, 2025 | 28.36 Mn |
| Mar 31, 2025 | 20.42 Mn |
| Mar 31, 2025 | 20.42 Mn |
| Dec 31, 2024 | 91.69 Mn |
| Dec 31, 2024 | 91.69 Mn |
| Sep 30, 2024 | 1.35 Mn |
| Sep 30, 2024 | 1.35 Mn |
| Jun 30, 2024 | 59.28 Mn |
| Jun 30, 2024 | 59.28 Mn |
| Mar 31, 2024 | 54.78 Mn |
| Mar 31, 2024 | 54.78 Mn |
| Dec 31, 2023 | 103.08 Mn |
| Dec 31, 2023 | 103.08 Mn |
| Sep 30, 2023 | 31.97 Mn |
| Sep 30, 2023 | 31.97 Mn |