American Assets Trust (AAT) Interest Expenses (2010 - 2023)

American Assets Trust (AAT) reported Interest Expenses of $16.3 million for Q3 2023, up 12.94% on a YoY basis from $14.5 million in Q3 2022, and little changed quarter-over-quarter from $16.4 million in Q2 2023.

American Assets Trust (AAT) Interest Expenses (2010 - 2023) Analysis & Trends

American Assets Trust has reported Interest Expenses for 14 years, with the latest figure at $16.3 million in Q3 2023.

  • For the quarter ending Q3 2023, Interest Expenses rose 12.94% year-over-year to $16.3 million; the trailing twelve-month figure through Jun 2024 stood at $16.3 million (down 64.93% YoY), and the FY2021 full-year result was $58.6 million, up 9.63% from the prior year.
  • Interest Expenses for Q3 2023 stood at $16.3 million, roughly flat from $16.4 million in the prior quarter.
  • The five-year high for Interest Expenses was $16.4 million in Q2 2023, with the low at $13.1 million in Q2 2019.
  • Historically, Interest Expenses has averaged $14.3 million across 5 years, with a median of $14.2 million in 2021.
  • Annual changes were most pronounced in 2019 — Interest Expenses slipped 3.41% — and 2023, when it climbed 12.94%.
  • American Assets Trust's Interest Expenses stood at $13.8 million in 2019, then declined by 3.34% to $13.3 million in 2020, then grew by 12.47% to $15.0 million in 2021, then retreated by 3.63% to $14.5 million in 2022, then grew by 12.94% to $16.3 million in 2023.
  • The last three Interest Expenses figures came in at $16.3 million (Q3 2023), $16.4 million (Q2 2023), and $15.7 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn 209.36 Mn
2 Broadstone Net Lease 4.01 Bn 4.11 Bn - 25.26 Mn
3 American Assets Trust 1.48 Bn 1.42 Bn - -
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn 53.52 Mn
5 Empire State Realty Trust 973.69 Mn 1.70 Bn - 28.14 Mn
6 JBG SMITH Properties 887.28 Mn 1.38 Bn - 35.55 Mn
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn -
8 Gladstone Commercial 618.88 Mn 788.92 Mn - 11.45 Mn
9 AH Realty Trust 547.30 Mn 729.64 Mn - 13.78 Mn
10 One Liberty Properties 515.72 Mn 495.45 Mn - 6.96 Mn

Historic Data

Download Data
DateValue
Sep 30, 2023 16.33 Mn
Sep 30, 2023 16.33 Mn
Jun 30, 2023 16.37 Mn
Jun 30, 2023 16.37 Mn
Mar 31, 2023 15.73 Mn
Mar 31, 2023 15.73 Mn
Sep 30, 2022 14.45 Mn
Sep 30, 2022 14.45 Mn
Jun 30, 2022 14.55 Mn
Jun 30, 2022 14.55 Mn
Mar 31, 2022 14.67 Mn
Mar 31, 2022 14.67 Mn
Dec 31, 2021 15.00 Mn
Dec 31, 2021 15.00 Mn
Sep 30, 2021 14.72 Mn
Sep 30, 2021 14.72 Mn
Jun 30, 2021 14.86 Mn
Jun 30, 2021 14.86 Mn
Mar 31, 2021 14.01 Mn
Mar 31, 2021 14.01 Mn