American Assets Trust, Inc. reported a net income of $4.2 million and FFO of $0.47 per diluted share for Q4 2025. Same-store cash Net Operating Income remained flat year-over-year for the quarter. The company also introduced 2026 annual guidance for FFO per diluted share.
American Assets Trust, Inc. experienced a decline in net income and FFO for the third quarter of 2025 compared to the same period in 2024. However, the company increased its full-year 2025 FFO per diluted share guidance, reflecting a positive outlook despite some segment-specific challenges.
American Assets Trust reported a net income of $5.5 million and FFO per diluted share of $0.52 for the second quarter of 2025. While these figures represent a decrease compared to the same period in 2024, the company increased its full-year 2025 FFO per diluted share guidance, indicating a positive outlook despite current quarter declines. Leasing activity showed mixed results with office leasing spreads decreasing on a cash basis but increasing on a straight-line basis, while retail leasing spreads increased on both bases.
American Assets Trust reported net income of $42.5 million for the first quarter of 2025, a significant increase from the prior year due to a gain on sale of real estate. FFO per diluted share, excluding certain items, decreased 10% year-over-year. Same-store cash NOI saw a modest increase.
American Assets Trust, Inc. reported a net income available to common stockholders of $9.0 million for the fourth quarter of 2024, with FFO per diluted share decreasing 4% year-over-year to $0.55. Same-store cash Net Operating Income increased by 2.6% compared to the same period in 2023.
American Assets Trust reported a net income available to common stockholders of $16.7 million, or $0.28 per diluted share, for the third quarter ended September 30, 2024. FFO per diluted share increased by 20% year-over-year to $0.71. The company also increased its 2024 FFO per diluted share guidance to a range of $2.51 to $2.55.
American Assets Trust reported a net income available to common stockholders of $11.9 million, or $0.20 per diluted share, and FFO per diluted share increased 2% year-over-year to $0.60 for the second quarter of 2024. The company increased its 2024 FFO per diluted share guidance to a range of $2.48 to $2.54.
American Assets Trust reported a net income available to common stockholders of $19.3 million, or $0.32 per diluted share, for the first quarter of 2024. FFO per diluted share increased 8% year-over-year to $0.71. The company also increased its 2024 FFO per diluted share guidance to a range of $2.24 to $2.34.
American Assets Trust reported a net income available to common stockholders of $10.5 million, or $0.17 per diluted share, for the three months ended December 31, 2023. FFO per diluted share increased 2% year-over-year to $0.57. The company is introducing 2024 annual guidance midpoint of $2.26 of FFO per diluted share.
American Assets Trust reported net income available to common stockholders of $11.8 million, or $0.20 per diluted share, for the third quarter of 2023. FFO per diluted share decreased 6% year-over-year to $0.59. The company increased its 2023 FFO per diluted share guidance to a range of $2.36 to $2.40.
American Assets Trust reported a net income available to common stockholders of $12.0 million, or $0.20 per diluted share, and Funds From Operations (FFO) increased 2% year-over-year to $0.59 per diluted share. Same-store cash Net Operating Income (NOI) increased 7.7% year-over-year, and the company increased its 2023 FFO per diluted share guidance to a range of $2.28 to $2.36.
American Assets Trust reported a net income available to common stockholders of $16.1 million, or $0.27 per diluted share, for the first quarter of 2023. Funds From Operations (FFO) increased 16% year-over-year to $0.66 per diluted share. The company increased its 2023 FFO per diluted share guidance to a range of $2.23 to $2.33.
American Assets Trust reported a net income available to common stockholders of $9.6 million, or $0.16 per diluted share, for the fourth quarter of 2022. Funds From Operations (FFO) increased 4% year-over-year to $0.56 per diluted share. Same-store cash Net Operating Income (NOI) increased 5.5% year-over-year.
American Assets Trust reported a net income of $12.8 million, or $0.21 per diluted share, for the third quarter ended September 30, 2022. FFO per diluted share increased by 11% year-over-year to $0.63. Same-store cash NOI increased by 11.3% year-over-year.
American Assets Trust reported a net income available to common stockholders of $10.6 million, or $0.18 per diluted share, and FFO per diluted share increased 14% year-over-year to $0.58. Same-store cash Net Operating Income increased 3.6% year-over-year. The company increased its 2022 FFO per diluted share guidance to a range of $2.21 to $2.27.
American Assets Trust reported a net income available to common stockholders of $10.5 million, or $0.18 per diluted share, for the first quarter of 2022. Funds From Operations (FFO) increased 50% year-over-year to $0.57 per diluted share. The company increased its 2022 FFO per diluted share guidance to a range of $2.13 to $2.21.
American Assets Trust reported a net income available to common stockholders of $8.1 million, or $0.14 per diluted share, for the three months ended December 31, 2021. Funds From Operations per diluted share increased 32% year-over-year to $0.54. Same-store cash Net Operating Income increased 20.0% year-over-year.
American Assets Trust reported a net income of $10.0 million, or $0.17 per diluted share, and FFO of $43.4 million, or $0.57 per diluted share, for the third quarter ended September 30, 2021. Same-store cash NOI increased by 14.3% year-over-year.
American Assets Trust reported a net income available to common stockholders of $8.9 million, or $0.15 per diluted share, for the second quarter of 2021. Funds From Operations increased 6% year-over-year to $0.51 per diluted share. Same-store cash NOI increased 23.3% year-over-year.
American Assets Trust reported a net income available to common stockholders of $1.3 million, or $0.02 per diluted share, for the first quarter of 2021. Funds From Operations (FFO) per diluted share decreased 32% year-over-year to $0.38. The company collected 93% of rents due during the quarter and closed an inaugural public bond offering of $500 million.
American Assets Trust reported a net income of $2.9 million, or $0.05 per diluted share, for the fourth quarter of 2020. Funds From Operations (FFO) was $31.1 million, or $0.41 per diluted share. The company collected 92% of rents due during the quarter.
American Assets Trust reported a net income of $5.0 million, or $0.08 per diluted share, for the third quarter ended September 30, 2020. Funds From Operations (FFO) was $33.3 million, or $0.44 per diluted share. The company collected 89% of rents due during the quarter and had liquidity of $405.3 million.
American Assets Trust reported a net income available to common stockholders of $7.7 million, or $0.13 per diluted share, and funds from operations of $0.48 per diluted share for the second quarter ended June 30, 2020. Rent collection was strong with 98% of office rents, 58% of retail rents, and 95% of multifamily rents collected.
American Assets Trust reported a net income available to common stockholders of $12.1 million, or $0.20 per diluted share, for the first quarter. Funds From Operations per diluted share remained relatively unchanged year-over-year at $0.56 per diluted share, while same-store cash NOI increased 8.6% year-over-year.
American Assets Trust, Inc. reported a net income available to common stockholders of $12.8 million for the three months ended December 31, 2019, or $0.22 per diluted share. Funds From Operations increased 19% year-over-year to $0.56 per diluted share. Same-store cash NOI increased 2.8% year-over-year.