American Assets Trust (AAT) Net Margin (2010 - 2025)
American Assets Trust (AAT) reported Net Margin of 2.86% for Q4 2025, down 505.0% on a YoY basis from 0.71% in Q4 2024, and down 30.51% quarter-over-quarter from 4.11% in Q3 2025.
American Assets Trust (AAT) Net Margin (2010 - 2025) Analysis & Trends
American Assets Trust has reported Net Margin for 16 years, with the latest figure at 2.86% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin fell 505.0% year-over-year to 2.86%; the trailing twelve-month figure through Dec 2025 stood at 16.97% (up 456.0% YoY), and the FY2025 full-year result was 12.76%, up 35.0% from the prior year.
- Net Margin for Q4 2025 stood at 2.86%, down from 4.11% in the prior quarter.
- The five-year high for Net Margin was 11848.19% in Q1 2025, with the low at 1.5% in Q1 2021.
- Historically, Net Margin has averaged 999.97% across 5 years, with a median of 10.38% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin tumbled 522035 bps — and 2025, when it soared 1183079 bps.
- American Assets Trust's Net Margin stood at 8.0% in 2021, then grew by 14 bps to 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 sank by 64 bps to 2.86% in 2025.
- The last three Net Margin figures came in at 2.86% (Q4 2025), 4.11% (Q3 2025), and 5.05% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 86.98% |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | 2.86% |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 26.04% |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | 0.65% |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | -14.65% |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 10.51% |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | 9.15% |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | -49.79% |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.86% |
| Sep 30, 2025 | 4.11% |
| Jun 30, 2025 | 5.05% |
| Mar 31, 2025 | 11,848.19% |
| 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 | 5,235.32% |
| Dec 31, 2021 | 8.00% |
| Sep 30, 2021 | 2,758.52% |
| Jun 30, 2021 | 9.74% |
| Mar 31, 2021 | 1.50% |