American Assets Trust (AAT) Free Cash Flow (2010 - 2025)
American Assets Trust (AAT) posted quarterly Free Cash Flow of $36.2 million for Q4 2025, up 68.44% year-over-year from $21.5 million in Q4 2024, and down 10.64% on a QoQ basis from $40.5 million in Q3 2025.
American Assets Trust (AAT) Free Cash Flow (2010 - 2025) Analysis & Trends
American Assets Trust has reported Free Cash Flow for 16 years, with the latest figure at $36.2 million in Q4 2025.
- Free Cash Flow for Q4 2025 came in at $36.2 million, up 68.44% year-over-year; the trailing twelve-month figure through Jun 2026 was $125.9 million (up 86.15% YoY), and the FY2025 annual result was $94.9 million, down 30.71% from the prior year.
- Free Cash Flow eased to $36.2 million in Q4 2025, from $40.5 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $49.2 million in Q2 2025 and troughed at -$116.1 million in Q3 2021.
- A 5-year average of $18.3 million and a median of $28.5 million in 2022 frame the typical range for Free Cash Flow.
- The largest YoY upside for Free Cash Flow was 1173.77% in 2021 against a maximum downside of 536.75% in 2021.
- A 5-year view of Free Cash Flow shows it stood at $38.7 million in 2021, then sank by 67.15% to $12.7 million in 2022, then jumped by 58.07% to $20.1 million in 2023, then grew by 6.93% to $21.5 million in 2024, then soared by 68.44% to $36.2 million in 2025.
- Per Business Quant data, the three most recent Free Cash Flow figures were $36.2 million in Q4 2025, $40.5 million in Q3 2025, and $49.2 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | 293.77 Mn |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 258.42 Mn |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | 32.80 Mn |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 65.29 Mn |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 34.63 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -13.60 Mn |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | -11.45 Mn |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 10.84 Mn |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | 666,000.00 |
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 |