Company / Operating Margin
American Assets Trust Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
66.3%
FY2025
5-year range
26.6% / 66.3%
FY2021-FY2025
Trend
+134.8%
vs FY2024
Sector context
#9 of 70
Real Estate
What the data says
American Assets Trust's operating margin of 66.3% is higher than 87% of companies in the Real Estate sector (FY2025). Operating Margin has increased for 5 consecutive years, from 25.7% in FY2020 to 66.3% in FY2025.
Based on SEC 10-K filings.
66.3% in FY2025 with a 5-year CAGR of +40.6%. Top quartile in the Real Estate sector.
Improved from 27.6% to 66.3% over the past 2 years.
Real Estate sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +39.1pp
- 5-Year Change
- +40.6pp
- 10-Year Change
- -
Sector benchmark
+141.8% above sector average
Key checks
Key Insights
- American Assets Trust's operating margin has grown for 5 consecutive years.
- In FY2025, operating margin increased 134.8% year-over-year.
- Currently 38.9pp above the Real Estate sector average.
- Lowest operating margin in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 0.29 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 66.3% | +134.8% |
| FY2024 | 28.2% | +2.2% |
| FY2023 | 27.6% | +1.7% |
| FY2022 | 27.2% | +2.2% |
| FY2021 | 26.6% | +3.3% |
| FY2020 | 25.7% | -17.1% |
| FY2019 | 31.0% | +29.0% |
| FY2018 | 24.0% | -19.1% |
| FY2017 | 29.7% | -10.4% |
| FY2016 | 33.2% | -2.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026