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American Assets Trust's quarterly market cap
declined
from Sep. 2025 ($1,242.6 Mil) to Dec. 2025 ($1,162.1 Mil) and
declined
from Dec. 2025 ($1,162.1 Mil) to Mar. 2026 ($1,130.2 Mil).
American Assets Trust's annual market cap
increased
from Dec. 2023 ($1,370.8 Mil) to Dec. 2024 ($1,605.5 Mil) but then
declined
from Dec. 2024 ($1,605.5 Mil) to Dec. 2025 ($1,162.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. American Assets Trust's Enterprise Value for Today is $2,958.3 Mil.
American Assets Trust (NYSE:AAT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, American Assets Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where American Assets Trust's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
American Assets Trust's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of $1,448.2 Mil as of Aug. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on American Assets Trust and its competitors. According to the industry distribution chart, American Assets Trust ranks #243 out of 963 companies in the REITs industry, placing it in the top 25.2%.
Is American Assets Trust's Market Cap too high?
American Assets Trust's current Market Cap is $1,448.2 Mil. The REITs industry median Market Cap is 288.60. American Assets Trust's value of $1,448.2 Mil is 401.8% above this industry median. Based on the distribution chart, American Assets Trust ranks #243 out of 963 companies in the REITs industry, which is above the industry midpoint. 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 Market Cap compare to SAFE and GNL?
According to the REITs industry distribution chart, American Assets Trust ranks #243 out of 963 companies for Market Cap. This puts American Assets Trust in the upper half of its industry. The industry median Market Cap is 288.60. American Assets Trust's value of $1,448.2 Mil is 401.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 288.60, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Assets Trust's current Market Cap of $1,448.2 Mil is 401.8% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on American Assets Trust and its competitors. For the REITs industry, the median Market Cap is 288.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Assets Trust's current Market Cap is $1,448.2 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 $20.63, compared to a current price of $23.59 — trading 14.3% above its estimated fair value. The current Market Cap is $1,448.2 Mil and 401.8% above the REITs industry median of 288.60. American Assets Trust's overall GF Score™ is 72/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For American Assets Trust (AAT), the current Market Cap is $1,448.2 Mil as of Aug. 01, 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 $23.59 is trading 14.3% above its estimated GF Value™ of $20.63.
GuruFocus considers American Assets Trust to be Modestly Overvalued.
Key valuation signals for AAT:
Market Cap: $1,448.2 Mil
GF Value™: $20.63 vs. price of $23.59 (14.3% above fair value)
Industry Position: 401.8% above the REITs median (#243 of 963)
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.
72GF Score
Get the complete analysis for AAT
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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