AAT (American Assets Trust) FFO per Share: $1.92 (TTM As of Mar. 2026)

What is American Assets Trust FFO per Share?

American Assets Trust AAT +0.72% 72 FFO per Share is $1.92 as of Mar. 2026. GuruFocus rates AAT with a GF Score™ of 72/100 and a GF Value™ of $20.60 (Modestly Overvalued). The stock has 13 warning signs investors should review.

American Assets Trust's FFO per Share for the three months ended in Mar. 2026 was $0.49. American Assets Trust's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.92.

American Assets Trust FFO per Share Related Terms

American Assets Trust FFO per Share Historical Data

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The historical data trend for American Assets Trust's FFO per Share 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 FFO per Share Chart

American Assets Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

FFO per Share

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1.90

2.19

2.23

2.38

1.81

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
FFO per Share	Get a 7-Day Free Trial															0.37	0.50	0.48	0.46	0.49

AAT vs GNL, SAFE, ESRT: FFO per Share Comparison

For the REIT - Diversified subindustry, American Assets Trust's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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 Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, American Assets Trust's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where American Assets Trust's Price-to-FFO falls into.

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72GF Score

American Assets Trust Inc AAT

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American Assets Trust FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

American Assets Trust's FFO per Share for the fiscal year that ended in Dec. 2025 is calculated as

FFO per Share (A: Dec. 2025 )	=	FFO (A: Dec. 2025	/	Shares Outstanding (Diluted Average) (A: Dec. 2025 )
	=	138.484	/	76.737
	=	1.80

American Assets Trust's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )	=	FFO (Q: Mar. 2026 )	/	Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
	=	37.445	/	76.879
	=	0.49

FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.92

Frequently Asked Questions Learn more about FFO per Share →

What does a FFO per Share of $1.92 mean?

American Assets Trust (AAT) has a FFO per Share of $1.92 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on American Assets Trust and its competitors.

Is American Assets Trust's FFO per Share too high?

American Assets Trust's current FFO per Share is $1.92. Overall, American Assets Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does American Assets Trust's FFO per Share compare to GNL and SAFE?

American Assets Trust's FFO per Share of $1.92 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 FFO per Share for a REITs company?

A good FFO per Share depends on the REITs industry context. However, FFO per Share 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 FFO per Share mean?

A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on American Assets Trust and its competitors. American Assets Trust's current FFO per Share is $1.92. 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 $25.34 — trading 23% above its estimated fair value. The current FFO per Share is $1.92. American Assets Trust's overall GF Score™ is 72/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is FFO per Share calculated?

FFO per Share is calculated from a company's financial statements. For American Assets Trust (AAT), the current FFO per Share is $1.92 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 $25.34 is trading 23% above its estimated GF Value™ of $20.60. GuruFocus considers American Assets Trust to be Modestly Overvalued.

Key valuation signals for AAT:

FFO per Share: $1.92
GF Value™: $20.60 vs. price of $25.34 (23% above fair value)
GF Score™: 72/100 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 Estate REITs

Comparable Companies GNL SAFE ESRT JBGS CTO GOOD AHRT OLP FVR NXDT ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Address 3420 Carmel Mountain Road, Suite 100, San Diego, CA, USA, 92121

Website https://www.americanassetstrust.com

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.

72GF Score

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FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.34

Price

$20.60

GF Value

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