American Assets Trust (AAT) Interest Expenses (2010 - 2023)
American Assets Trust (AAT) reported Interest Expenses of $16.33 million for Q3 2023, up 12.9% from $14.45 million a year earlier but down 0.3% from the prior quarter.
American Assets Trust (AAT) Interest Expenses (2010 - 2023) Analysis & Trends
Over the twelve months ended Sep 30, 2023, American Assets Trust's Interest Expenses came in at $62.88 million, up 7.2% year-over-year; for FY2021, it came in at $58.59 million, up 9.6% from FY2020.
- Interest Expenses has a five-year compound annual growth rate of 2.4% (FY2016 to FY2021).
- By year, Interest Expenses came in at $53.44 million in FY2020 (-1.1%), $54.01 million in FY2019 (+3.4%), $52.25 million in FY2018 (-3.0%) and $53.85 million in FY2017 (+3.7%).
- Five-year quarterly Interest Expenses spans a low of $12.86 million in Q4 2018 and a high of $16.37 million in Q2 2023.
- Year over year, Interest Expenses has now increased in each of the last three quarters, with growth averaging 6.6% over the last seven quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2023 (growth of 12.9%); the low point was Q4 2018 (a decline of 8.1%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 276.31 Mn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 272.33 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 312.08 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 84.78 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 82.46 Mn |
| 10 | American Assets Trust | 1.30 Bn | 1.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 16.33 Mn |
| Jun 30, 2023 | 16.37 Mn |
| Mar 31, 2023 | 15.73 Mn |
| Sep 30, 2022 | 14.45 Mn |
| Jun 30, 2022 | 14.55 Mn |
| Mar 31, 2022 | 14.67 Mn |
| Dec 31, 2021 | 15.00 Mn |
| Sep 30, 2021 | 14.72 Mn |
| Jun 30, 2021 | 14.86 Mn |
| Mar 31, 2021 | 14.01 Mn |
| Dec 31, 2020 | 13.34 Mn |
| Sep 30, 2020 | 13.30 Mn |
| Jun 30, 2020 | 13.33 Mn |
| Mar 31, 2020 | 13.47 Mn |
| Dec 31, 2019 | 13.80 Mn |
| Sep 30, 2019 | 13.73 Mn |
| Jun 30, 2019 | 13.13 Mn |
| Mar 31, 2019 | 13.35 Mn |
| Dec 31, 2018 | 12.86 Mn |
| Sep 30, 2018 | 12.88 Mn |
American Assets Trust Interest Expenses 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=interest-expenses&ticker=AAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=AAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();