American Assets Trust Inc
Research American Assets Trust Inc (AAT) on Bullrun: valuation model: 47.0% overvalued, market cap USD 1.42B, P/E 83.0, dividend yield 6.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAAT
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Diversified
- CurrencyUSD
- Valuation signal47.0% overvalued
- Market capUSD 1.42B
- P/E83.0
- Dividend yield6.0%
- Financial periodQ2 2026
- RevenueUSD 109.48M
- Net incomeUSD 6.79M
- Free cash flowUSD 24.42M
- Gross margin62.0%
Valuation Snapshot
Bullrun's latest valuation model marks American Assets Trust Inc as 47.0% overvalued; latest market cap is USD 1.42B; P/E is 83.0; dividend yield is 6.0%.
Peer valuation comparison
Latest P/E is 82.97x versus a Real Estate sector median of 14.84x (459.2% above).
Latest dividend yield is 6.04% versus a Real Estate sector median of 4.71% (28.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 436.20M | USD 71.37M | USD 94.86M | 61.1% | 0.92 | USD 129.36M | USD 1.70B | USD 1.15B |
| FY2024 | USD 457.85M | USD 72.82M | USD 136.90M | 63.4% | 0.94 | USD 425.66M | USD 2.03B | USD 1.18B |
| FY2023 | USD 441.16M | USD 64.69M | n/a | 62.8% | 0.84 | USD 82.89M | USD 1.70B | USD 1.20B |
| FY2022 | USD 422.65M | USD 55.88M | n/a | 63.9% | 0.72 | USD 49.57M | USD 1.63B | USD 1.22B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.42B | 83.0 | 5.9% | 1.36 |
| 2025 | 2025-12-31 | USD 1.16B | 20.6 | 7.2% | 1.36 |
| 2024 | 2024-12-31 | USD 1.61B | 27.9 | 5.2% | 1.36 |
| 2023 | 2023-12-29 | USD 1.37B | 28.5 | 5.9% | 1.32 |
| 2022 | 2022-12-30 | USD 1.60B | 37.9 | 4.8% | 1.28 |
| 2021 | 2021-12-31 | USD 2.27B | 79.9 | 3.1% | 1.16 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.36 USD, yield 6.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.36 USD |
| FY2024 | 1.34 USD |
| FY2023 | 1.32 USD |
| FY2022 | 1.28 USD |
About American Assets Trust Inc
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nations most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.
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Frequently asked questions
Is American Assets Trust Inc overvalued or undervalued?
Bullrun's valuation model currently marks American Assets Trust Inc as 47.0% overvalued.
What is American Assets Trust Inc's market cap?
American Assets Trust Inc's market capitalization is USD 1.42B.
What is American Assets Trust Inc's P/E ratio?
American Assets Trust Inc's price-to-earnings (P/E) ratio is 83.0.
Does American Assets Trust Inc pay a dividend?
American Assets Trust Inc has a dividend yield of 6.0%.
What does American Assets Trust Inc do?
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nations most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.