American Assets (AAT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
457.9M
Gross Profit
290.1M
63.37%
Operating Income
129.2M
28.22%
Net Income
72.8M
15.90%
EPS (Diluted)
$0.94
Balance Sheet Metrics
Total Assets
3.3B
Total Liabilities
2.1B
Shareholders Equity
1.1B
Debt to Equity
1.91
Cash Flow Metrics
Operating Cash Flow
205.4M
Free Cash Flow
136.9M
Revenue & Profitability Trend
American Assets Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 457.9M | 441.2M | 422.6M | 375.8M | 344.6M |
| Cost of Goods Sold | 167.7M | 164.0M | 152.4M | 129.8M | 121.1M |
| Gross Profit | 290.1M | 277.2M | 270.2M | 246.1M | 223.5M |
| Operating Expenses | 35.5M | 36.0M | 32.1M | 29.9M | 26.6M |
| Operating Income | 129.2M | 121.7M | 114.7M | 99.9M | 88.6M |
| Pre-tax Income | 73.7M | 65.7M | 56.7M | 37.3M | 35.6M |
| Income Tax | 886.0K | 1.0M | 850.0K | 738.0K | -9.0K |
| Net Income | 72.8M | 64.7M | 55.9M | 36.6M | 35.6M |
| EPS (Diluted) | $0.94 | $0.84 | $0.72 | $0.47 | $0.46 |
Income Statement Trend
American Assets Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 598.1M | 190.2M | 153.9M | 238.8M | 227.2M |
| Non-Current Assets | 2.7B | 2.8B | 2.8B | 2.8B | 2.6B |
| Total Assets | 3.3B | 3.0B | 3.0B | 3.0B | 2.8B |
| Liabilities | |||||
| Current Liabilities | 101.0M | 98.1M | 139.5M | 103.0M | 197.6M |
| Non-Current Liabilities | 2.0B | 1.7B | 1.7B | 1.7B | 1.4B |
| Total Liabilities | 2.1B | 1.8B | 1.8B | 1.8B | 1.6B |
| Equity | |||||
| Total Shareholders Equity | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B |
Balance Sheet Composition
American Assets Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 72.8M | 64.7M | 55.9M | 36.6M | 35.6M |
| Operating Cash Flow | 205.4M | 187.1M | 176.1M | 165.9M | 109.2M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -7.2M | -6.9M | -7.4M | -3.2M | -5.6M |
| Financing Activities | |||||
| Dividends Paid | -103.4M | -101.6M | -98.2M | -88.9M | -76.5M |
| Financing Cash Flow | 213.1M | -101.5M | -102.7M | 44.4M | -28.3M |
| Free Cash Flow | 136.9M | 105.8M | 65.3M | 63.7M | 63.5M |
Cash Flow Trend
American Assets Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
15.33
Forward P/E
28.10
Price to Book
1.03
Price to Sales
3.47
PEG Ratio
28.10
Profitability Ratios
Profit Margin
17.74%
Operating Margin
25.55%
Return on Equity
8.87%
Return on Assets
2.65%
Financial Health
Current Ratio
4.18
Debt to Equity
148.05
Beta
1.18
Per Share Data
EPS (TTM)
$1.32
Book Value per Share
$19.60
Revenue per Share
$7.47
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| aat | 1.6B | 15.33 | 1.03 | 8.87% | 17.74% | 148.05 |
| Vici Properties | 34.7B | 13.14 | 1.30 | 10.12% | 67.81% | 65.74 |
| W. P. Carey | 13.8B | 32.54 | 1.65 | 5.01% | 26.78% | 94.04 |
| Global Net Lease | 1.7B | -9.95 | 0.91 | -9.88% | -37.64% | 170.96 |
| Safehold | 1.1B | 10.82 | 0.48 | 4.44% | 26.69% | 182.70 |
| Gladstone Commercial | 680.6M | 48.57 | 3.64 | 7.64% | 16.94% | 211.66 |
Financial data is updated regularly. All figures are in the company's reporting currency.