American Assets Trust (AAT) Payout Ratio (2010 - 2025)
American Assets Trust's (AAT) quarterly Payout Ratio came in at 8.38 in Q4 2025, up 190.41% on a YoY basis from 2.89 in Q4 2024, and up 43.69% quarter-over-quarter from 5.83 in Q3 2025.
Analysis
American Assets Trust (AAT) Payout Ratio (2010 - 2025) Analysis & Trends
American Assets Trust (AAT) has reported Payout Ratio for 16 consecutive years, with 8.38 the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Payout Ratio rose 190.41% year-over-year to 8.38; the trailing twelve-month figure through Dec 2025 stood at 1.89 (up 3.93% YoY), and the FY2025 full-year result was 1.89, up 3.93% from the prior year.
- Payout Ratio rose to 8.38 in Q4 2025 per AAT's latest filing, from 5.83 in the prior quarter.
- Across five years, Payout Ratio topped out at 17.07 in Q1 2021 and bottomed at 0.62 in Q1 2025.
- Historically, Payout Ratio has averaged 3.48 across 5 years, with a median of 2.33 in 2022.
- The sharpest annual moves came in 2021 and 2022: Payout Ratio jumped 1019.83% in 2021, then tumbled 86.34% in 2022.
- Over 5 years, Payout Ratio stood at 2.83 in 2021, then retreated by 9.64% to 2.56 in 2022, then fell by 5.04% to 2.43 in 2023, then climbed by 18.89% to 2.89 in 2024, then surged by 190.41% to 8.38 in 2025.
- According to Business Quant data, Payout Ratio over the past three periods registered 8.38, 5.83, and 4.82 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brookfield Property Partners | 15.48 Bn | 13.99 Bn | - |
| 2 | Alexandria Real Estate Equities | 8.61 Bn | 7.50 Bn | - |
| 3 | Cousins Properties | 4.59 Bn | 4.59 Bn | 183.86 Mn |
| 4 | Kilroy Realty | 4.11 Bn | 4.11 Bn | 212.24 Mn |
| 5 | Copt Defense Properties | 3.97 Bn | 3.97 Bn | 191.37 Mn |
| 6 | Sl Green Realty | 3.71 Bn | 3.71 Bn | 263.98 Mn |
| 7 | Highwoods Properties | 3.33 Bn | 2.99 Bn | - |
| 8 | Douglas Emmett | 1.81 Bn | 1.45 Bn | 178.95 Mn |
| 9 | Alexanders | 1.32 Bn | 1.01 Bn | - |
| 10 | American Assets Trust | 1.31 Bn | 1.31 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.38 |
| Sep 30, 2025 | 5.83 |
| Jun 30, 2025 | 4.82 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 2.89 |
| Sep 30, 2024 | 1.55 |
| Jun 30, 2024 | 2.17 |
| Mar 31, 2024 | 1.34 |
| Dec 31, 2023 | 2.43 |
| Sep 30, 2023 | 2.15 |
| Jun 30, 2023 | 2.12 |
| Mar 31, 2023 | 1.57 |
| Dec 31, 2022 | 2.56 |
| Sep 30, 2022 | 1.92 |
| Jun 30, 2022 | 2.32 |
| Mar 31, 2022 | 2.33 |
| Dec 31, 2021 | 2.83 |
| Sep 30, 2021 | 2.29 |
| Jun 30, 2021 | 2.40 |
| Mar 31, 2021 | 17.07 |