American Assets Trust, Inc (N:AAT)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 3420 Carmel Mountain Road, Suite 100
SAN DIEGO CA 92121
Tel: 1-858-3502607
Website: https://www.americanassetstrust.com
IR: See website
<
Key People
Ernest S. Rady
Chairman of the Board, Chief Executive Officer 		Adam Wyll
President, Chief Operating Officer 		Robert F. Barton
Chief Financial Officer, Executive Vice President
Jerry Gammieri
Senior Vice President - Construction and Development 		   
Business Overview
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires, and develops office, retail, multifamily and mixed-use properties in attractive, high-barrier-to-entry markets in Southern California, Northern California, Washington, Oregon, Texas, and Hawaii. It operates in four segments: office, retail, multifamily and mixed-use. The Company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the Company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 multifamily units. Its portfolio consists of twelve office properties; twelve retail shopping centers; a mixed-use property consisting of a 369-room all-suite hotel and a retail shopping center; and six multifamily properties.
Financial Overview
For the fiscal year ended 31 December 2023, American Assets Trust, Inc revenues increased 4% to $441.2M. Net income applicable to common stockholders increased 16% to $50.4M. Revenues reflect Total Mixed -Use segment increase of 11% to $66.7M, NAREIT FFO - Per Share - Diluted - Total increase of 3% to $2.4. Net income benefited from Net Operating Income (NOI)- Retail increase of 4% to $73.3M.
Employees: 228 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,923M as of Dec 31, 2023
Annual revenue (TTM): $441.16M as of Dec 31, 2023
EBITDA (TTM): $241.25M as of Dec 31, 2023
Net annual income (TTM): $50.38M as of Dec 31, 2023
Free cash flow (TTM): $4.20M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,607M as of Dec 31, 2023
Shares outstanding: 60,894,491 as of Mar 28, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More