American Assets TrustAAT -0.57%71 FCF Margin % is 16.42% as of Mar. 2026, which is 23% below its 10-year median of 21.22. 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. Among 936 REITs companies, American Assets Trust ranks worse than 64% on this metric.
The historical rank and industry rank for American Assets Trust's FCF Margin % or its related term are showing as below:
AAT'
s FCF Margin % Range Over the Past 10 Years
Min: 15.45 Med: 21.22 Max: 31.23
Current: 21.13
During the past 13 years, the highest FCF Margin % of American Assets Trust was 31.23%. The lowest was 15.45%. And the median was 21.22%.
AAT's FCF Margin % is ranked worse than 64% of 936
companies
in the REITs industry
Industry Median: 40.025
vs AAT: 21.13
American Assets Trust FCF Margin % Related Terms
American Assets Trust FCF Margin % Historical Data
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The historical data trend for American Assets Trust's FCF Margin % 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.
For the REIT - Diversified subindustry, American Assets Trust's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, American Assets Trust's FCF Margin % distribution charts can be found below:
* The bar in red indicates where American Assets Trust's FCF Margin % falls into.
* 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 (AAT) has a FCF Margin % of 16.42% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on American Assets Trust and its competitors. This is 23% below median its historical median of 21.22. Over the past decade, American Assets Trust's FCF Margin % has ranged from 15.45 to 31.23. According to the industry distribution chart, American Assets Trust ranks #599 out of 936 companies in the REITs industry, placing it in the top 64%.
Is American Assets Trust's FCF Margin % too high?
American Assets Trust's current FCF Margin % of 16.42% is 23% below median its 10-year median of 21.22. Over the past 10 years, this metric has ranged from a low of 15.45 to a high of 31.23. The REITs industry median FCF Margin % is 40.03. American Assets Trust's value of 16.42% is 59% below this industry median. Based on the distribution chart, American Assets Trust ranks #599 out of 936 companies in the REITs industry, which is below the industry midpoint. 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 FCF Margin % compare to SAFE and ESRT?
According to the REITs industry distribution chart, American Assets Trust ranks #599 out of 936 companies for FCF Margin %. This places American Assets Trust in the lower half of its industry. The industry median FCF Margin % is 40.03. American Assets Trust's value of 16.42% is 59% below this benchmark. Historically, American Assets Trust's own FCF Margin % has ranged from 15.45 to 31.23 over the past decade. While the company's 10-year median is 21.22 vs. the industry median of 40.03, American Assets Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Assets Trust's current FCF Margin % of 16.42% is 59% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on American Assets Trust and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Assets Trust's current FCF Margin % is 16.42%, which is 23% below median its own 10-year median of 21.22. 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 $24.23 — trading 17.6% above its estimated fair value. The current FCF Margin % is 16.42%, which is 23% below median its 10-year median of 21.22 and 59% below the REITs industry median of 40.03. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For American Assets Trust (AAT), the current FCF Margin % is 16.42% 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 $24.23 is trading 17.6% above its estimated GF Value™ of $20.60.
GuruFocus considers American Assets Trust to be Modestly Overvalued.
Key valuation signals for AAT:
FCF Margin %: 16.42% (23% below median its 10-year median of 21.22)
GF Value™: $20.60 vs. price of $24.23 (17.6% above fair value)
Industry Position: 59% below the REITs median (#599 of 936)
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 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
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