American Assets Trust (AAT) Net Margin (2010 - 2026)
American Assets Trust (AAT) posted quarterly Net Margin of 4.73% for Q2 2026, down 33.0% year-over-year from 7.05% in Q2 2025, and up 65.3% on a QoQ basis from 2.86% in Q4 2025.
American Assets Trust (AAT) Net Margin (2010 - 2026) Analysis & Trends
American Assets Trust has reported Net Margin for 17 years, with the latest figure at 4.73% in Q2 2026.
- Net Margin for Q2 2026 came in at 4.73%, down 33.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 4.18% (down 1208.0% YoY), and the FY2025 annual result was 12.76%, up 35.0% from the prior year.
- Net Margin climbed to 4.73% in Q2 2026, from 2.86% in the prior quarter.
- Over five years, Net Margin peaked at 39.16% in Q1 2025 and troughed at 2.86% in Q4 2025.
- A 5-year average of 11.32% and a median of 10.37% in 2022 frame the typical range for Net Margin.
- The largest YoY upside for Net Margin was 2176 bps in 2025 against a maximum downside of 945 bps in 2025.
- A 5-year view of Net Margin shows it stood at 9.08% in 2022, then rose by 3 bps to 9.32% in 2023, then slipped by 15 bps to 7.91% in 2024, then tumbled by 64 bps to 2.86% in 2025, then jumped by 65 bps to 4.73% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 4.73% in Q2 2026, 2.86% in Q4 2025, and 4.11% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 49.97% |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 40.27% |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | -6.62% |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 4.73% |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 26.30% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -23.41% |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | -13.11% |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 30.19% |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | -46.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.73% |
| Dec 31, 2025 | 2.86% |
| Sep 30, 2025 | 4.11% |
| Jun 30, 2025 | 5.05% |
| Mar 31, 2025 | 39.16% |
| Dec 31, 2024 | 7.91% |
| Sep 30, 2024 | 13.56% |
| Jun 30, 2024 | 10.73% |
| Mar 31, 2024 | 17.40% |
| Dec 31, 2023 | 9.32% |
| Sep 30, 2023 | 10.59% |
| Jun 30, 2023 | 10.92% |
| Mar 31, 2023 | 14.97% |
| Dec 31, 2022 | 9.08% |
| Sep 30, 2022 | 11.50% |
| Jun 30, 2022 | 10.16% |
| Mar 31, 2022 | 10.37% |
| Dec 31, 2021 | 8.00% |
| Sep 30, 2021 | 10.22% |
| Jun 30, 2021 | 9.74% |