American Assets Trust, Inc. (AAT) is a Real Estate stock trading at $22.82 (as of 2026-08-21), with a market capitalization of $1.40B and a trailing P/E of 19.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.
American Assets Trust is a vertically integrated, self-administered REIT that acquires, develops, improves, and manages office, retail, and residential properties, earning money primarily from operating those owned properties through leasing and related property activity.
Because it is a self-administered REIT that owns, develops, improves, and directly manages its office, retail, and residential assets, its operating results are structurally driven by how well the properties it controls generate rental and property-level operating performance over time.
Business quality (Mixed): Clear business model as a self-administered, vertically integrated REIT, but the provided dataset does not include reportable operating segments, limiting segment-level visibility.
Valuation: At 81× earnings, AAT trades 143% above the Trading average (34×). Note: one-time items can distort reported P/E.
| Price | $22.82 |
| Market Cap | $1.40B |
| P/E Ratio | 19.0 |
| EV / EBITDA | 4.6 |
| Price / Book | 1.31 |
| Price / Sales | 3.21 |
| DCF Value (model) | $51.05 |
| DCF Upside vs Price | 123.7% |
| Revenue (TTM) | $436.20M |
| Net Margin | 16.4% |
| Revenue Growth (YoY) | -4.7% |
| EPS Growth (YoY) | -2.1% |
| Stock P/E | 19.0 |
| Sector P/E (Real Estate) | 27.2 |
| Industry P/E (Trading) | 35.3 |
| vs Sector | -30.2% |
| vs Industry | -46.3% |
| Top Institutional Holder | BlackRock, Inc. ($174.02M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 1 |
| Sector | Real Estate |
| Industry | Trading |
| CEO | Adam Wyll |
| Employees | 238 |
| Country | US |
| IPO Date | 2011-03-30 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.