Inferra AI / Company / AAT

American Assets Trust, Inc.

AAT · Real Estate

Last earnings Oct 27, 2026

Key results

Net incomeQ3 2025

$4.5 million

Reports Third Quarter 2025 Financial Results Net income available to common stockholders of $4.5 million and $52.5 million for the three and nine months ended September 30, 2025, respectively, or $0.07 and $0.87 per diluted share, respectively.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net incomeytd

$52.5 million

Reports Third Quarter 2025 Financial Results Net income available to common stockholders of $4.5 million and $52.5 million for the three and nine months ended September 30, 2025, respectively, or $0.07 and $0.87 per diluted share, respectively.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Third Quarter Highlights Net income available to common stockholders of $4.5 million and $52.5 million for the three and nine months ended September 30, 2025, respectively, or $0.07 and $0.87 per diluted share, respectively.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net operating incomeQ3 2025

0.8%

Same-store cash Net Operating Income ( NOI ) decreased 0.8% and increased 0.6% year-over-year for the three and nine months ended September 30, 2025, respectively, compared to the same periods in 2024.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net operating incomeytd

0.6%

Same-store cash Net Operating Income ( NOI ) decreased 0.8% and increased 0.6% year-over-year for the three and nine months ended September 30, 2025, respectively, compared to the same periods in 2024.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

AI analysis

Q3 2025 · reported Oct 28, 2025

Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held

Diluted EPS · Q3 2025
$0.87
EX-99 · Oct 28, 2025
Net income · Q3 2025
$4.5M
EX-99 · Oct 28, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Net income$4.5 million——
Net operating income0.8%——

EX-99 · Oct 28, 2025

Guidance · company-stated

No guidance located in the held release

Outlook statement

“Increased 2026 FFO per diluted share guidance to a range of $2.”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$0.340

4 Dividends The company declared dividends on its shares of common stock of $0.340 per share for the third quarter of 2025.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

American Assets Trust, Inc. — Earnings release (2025-10-28)

Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

4 Dividends The company declared dividends on its shares of common stock of $0.340 per share for the third quarter of 2025.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The dividends were paid on September 18, 2025.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

In addition, the company has declared a dividend on its common stock of $0.340 per share for the fourth quarter of 2025.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The dividend will be paid in cash on December 18, 2025 to stockholders of record as of December 4, 2025.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Except as discussed during the call, the company's revised guidance excludes any impact from future acquisitions, dispositions, equity issuances or repurchases, debt financing or repayments.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

This supplemental information provides additional detail on items such as property occupancy, financial performance by property and debt maturity schedules.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Strategy & priorities

Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Risks & headwinds

FFO decreased $38.0 million for the nine months ended September 30, 2025 compared to the same period in 2024, primarily due the litigation income received during the first quarter of 2024, an increase in our interest expense, a decrease in our retail segment due to the sale of Del Monte Center, and a decrease in our office segment due to lower occupancy and annualized base rent and a decrease in the hotel portion of our mixed-use property due to a decrease in tourism.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Forward Looking Statements This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially.

SEC original ↗American Assets Trust, Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Forward-looking statements involve numerous risks and uncertainties and you should not rely on them as predictions of future events.

SEC original ↗American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

(2) Excludes $1.1 million and $1.9 million in lease termination fees recognized during the three and nine months ended September 30, 2025, respectively, $11.6 million in lease termination fees recognized during the three and nine months ended September 30, 2024 and $10.0 million in litigation income recognized during the nine months ended September 30, 2024.

SEC original ↗American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2025

Documents

Earnings deck slides

0 decks with slide view

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

American Assets Trust, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

31 documents

Earnings releases

11 documents

Presentations

10 documents

Transcripts

0 documents

No transcripts for American Assets Trust, Inc. are held in this edition of the library.

Mentioned by

3 companies

Other tracked companies whose held documents mention American Assets Trust, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.