AAT (American Assets Trust) Shares Outstanding (EOP): 61.4 Mil (As of Mar. 2026)


AAT American Assets Trust Inc AAT
71 GF Score
Price $25.18
GF Value $20.60
Valuation Modestly Overvalued
! 13 Warning Signs
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What is American Assets Trust Shares Outstanding (EOP)?

American Assets Trust AAT +2.48% 71 Shares Outstanding (EOP) is 61.4 Mil as of Mar. 2026. GuruFocus rates AAT with a GF Score™ of 71/100 and a GF Value™ of $20.60 (Modestly Overvalued). The stock has 13 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. American Assets Trust's shares outstanding for the quarter that ended in Mar. 2026 was 61.4 Mil.

American Assets Trust's quarterly shares outstanding stayed the same from Dec. 2025 (61.4 Mil) to Mar. 2026 (61.4 Mil).

American Assets Trust's annual shares outstanding increased from Dec. 2024 (61.1 Mil) to Dec. 2025 (61.4 Mil). It means American Assets Trust issued new shares from Dec. 2024 to Dec. 2025 .


American Assets Trust  (NYSE:AAT) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


American Assets Trust Shares Outstanding (EOP) Related Terms


American Assets Trust Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for American Assets Trust's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Assets Trust Shares Outstanding (EOP) Chart

American Assets Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.53 60.72 60.90 61.14 61.39

American Assets Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.14 61.15 61.15 61.39 61.39

AAT vs SAFE, ESRT, GNL: Shares Outstanding (EOP) Comparison

For the REIT - Diversified subindustry, American Assets Trust's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Assets Trust Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, American Assets Trust's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where American Assets Trust's Shares Outstanding (EOP) falls into.


AAT
71GF Score
American Assets Trust Inc AAT
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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American Assets Trust Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 61.4 Mil mean?
American Assets Trust (AAT) has a Shares Outstanding (EOP) of 61.4 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on American Assets Trust and its competitors.
Is American Assets Trust's Shares Outstanding (EOP) too high?
American Assets Trust's current Shares Outstanding (EOP) is 61.4 Mil. Overall, American Assets Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Assets Trust's Shares Outstanding (EOP) compare to SAFE and ESRT?
American Assets Trust's Shares Outstanding (EOP) of 61.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on American Assets Trust and its competitors. American Assets Trust's current Shares Outstanding (EOP) is 61.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Assets Trust stock overvalued right now?
Based on GuruFocus' analysis, American Assets Trust (AAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.60, compared to a current price of $25.18 — trading 22.2% above its estimated fair value. The current Shares Outstanding (EOP) is 61.4 Mil. American Assets Trust's overall GF Score™ is 71/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For American Assets Trust (AAT), the current Shares Outstanding (EOP) is 61.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Assets Trust (AAT) Overvalued in 2026?

Based on GuruFocus' analysis, American Assets Trust stock appears to be overvalued. The current stock price of $25.18 is trading 22.2% above its estimated GF Value™ of $20.60. GuruFocus considers American Assets Trust to be Modestly Overvalued.

Key valuation signals for AAT:

  • Shares Outstanding (EOP): 61.4 Mil
  • GF Value™: $20.60 vs. price of $25.18 (22.2% above fair value)
  • GF Score™: 71/100 with 13 warning signs

No single metric tells the full story. See the AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Assets Trust Business Description

Industry Real EstateREITs
Address 3420 Carmel Mountain Road, Suite 100, San Diego, CA, USA, 92121
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are predominantly located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
71GF Score

Get the complete analysis for AAT

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.18
Price
$20.60
GF Value