American Assets Trust (AAT) Net Margin (2010 - 2026)
American Assets Trust's Net Margin came in at 4.73% for Q2 2026, down 0.33 percentage points from 5.05% a year earlier.
American Assets Trust (AAT) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, American Assets Trust reported Net Margin of 4.18%, down 12.08 percentage points year-over-year; for FY2025, it was 12.76%, up 0.35 percentage points from FY2024.
- Net Margin has increased in each of the last four years, with a five-year change of +4.73 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 12.41% in FY2024 (+0.99 pp), 11.42% in FY2023 (+1.13 pp), 10.29% in FY2022 (+2.74 pp) and 7.55% in FY2021 (-0.48 pp).
- The five-year range for quarterly Net Margin is 2.86% (Q4 2025) to 39.16% (Q1 2025).
- Year-over-year, Net Margin increased in two of the last seven quarters, with an average year-over-year change of +0.40 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2025 (a gain of 21.76 percentage points), and the weakest in Q3 2025 (a drop of 9.45 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 43.74% |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 170.16% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 22.22% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 36.52% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 4.08% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | American Assets Trust | 1.30 Bn | 1.24 Bn | - | 4.73% |
Historic 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% |
American Assets Trust Net Margin 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=net-margin&ticker=AAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=AAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();