earnings
confidence high
sentiment neutral
materiality 0.75
AAT Q4 FFO $0.47 vs $0.55; FY25 FFO $2.00; guides FY26 midpoint $2.03; same-store cash NOI flat in Q4
American Assets Trust, Inc.
2025-FY EPS reported
$0.92
revenue$436,204,000
- Net income $3.1M (diluted EPS $0.05) in Q4; $55.6M ($0.92) for FY25.
- FFO per diluted share/unit $0.47 in Q4 and $2.00 in FY25, down from $0.55 and $2.58 YoY.
- Same-store cash NOI unchanged in Q4; up 0.5% for the year; office occupancy 83.1%, retail 97.7%.
- Introducing FY26 FFO guidance $1.96-$2.10 per share (midpoint $2.03).
- Q4 dividend $0.340 per share; Q1 2026 dividend declared at $0.340 payable March 19.