American Assets Trust AAT
NYSE AAT
$21.39 -0.19 (-0.88%)
As of: Sep 10, 2026 · 3:59 PM EDT

American Assets Trust (AAT) Operating Expenses (2010 - 2026)

American Assets Trust's (AAT) quarterly Operating Expenses came in at $83.2 million in Q2 2026, up 1.5% on a YoY basis from $82.0 million in Q2 2025, and down 4.24% quarter-over-quarter from $86.9 million in Q4 2025.

Analysis

American Assets Trust (AAT) Operating Expenses (2010 - 2026) Analysis & Trends

American Assets Trust (AAT) has reported Operating Expenses for 17 consecutive years, with $83.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 1.5% year-over-year to $83.2 million; the trailing twelve-month figure through Jun 2026 stood at $336.8 million (up 1.61% YoY), and the FY2025 full-year result was $334.7 million, up 1.85% from the prior year.
  • Operating Expenses declined to $83.2 million in Q2 2026 per AAT's latest filing, from $86.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $86.9 million in Q4 2025 and bottomed at $73.1 million in Q1 2022.
  • Historically, Operating Expenses has averaged $80.8 million across 5 years, with a median of $80.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses increased 15.99% in 2022, then fell 0.22% in 2025.
  • Over 5 years, Operating Expenses stood at $78.9 million in 2022, then rose by 5.28% to $83.1 million in 2023, then grew by 0.39% to $83.4 million in 2024, then rose by 4.15% to $86.9 million in 2025, then fell by 4.24% to $83.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $83.2 million, $86.9 million, and $84.8 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield Property Partners 15.45 Bn 13.96 Bn - 2.15 Bn
2 Alexandria Real Estate Equities 8.47 Bn 7.37 Bn - 835.39 Mn
3 Cousins Properties 4.59 Bn 4.59 Bn 183.86 Mn 249.25 Mn
4 Kilroy Realty 4.05 Bn 4.05 Bn 212.24 Mn 207.02 Mn
5 Copt Defense Properties 4.00 Bn 4.00 Bn 191.37 Mn 134.16 Mn
6 Sl Green Realty 3.65 Bn 3.65 Bn 263.98 Mn 60.25 Mn
7 Highwoods Properties 3.36 Bn 3.01 Bn - 159.11 Mn
8 Douglas Emmett 1.79 Bn 1.43 Bn 178.95 Mn 206.20 Mn
9 Alexanders 1.30 Bn 1.00 Bn - 38.24 Mn
10 American Assets Trust 1.30 Bn 1.30 Bn - 83.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 83.18 Mn
Dec 31, 2025 86.87 Mn
Sep 30, 2025 84.81 Mn
Jun 30, 2025 81.96 Mn
Mar 31, 2025 81.11 Mn
Dec 31, 2024 83.41 Mn
Sep 30, 2024 85.00 Mn
Jun 30, 2024 80.10 Mn
Mar 31, 2024 80.15 Mn
Dec 31, 2023 83.09 Mn
Sep 30, 2023 80.06 Mn
Jun 30, 2023 78.23 Mn
Mar 31, 2023 78.04 Mn
Dec 31, 2022 78.93 Mn
Sep 30, 2022 80.02 Mn
Jun 30, 2022 75.84 Mn
Mar 31, 2022 73.13 Mn
Dec 31, 2021 76.03 Mn
Sep 30, 2021 70.62 Mn
Jun 30, 2021 65.39 Mn