← American Assets Trust, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $32.6m |
$29.1m
-10.77%
|
$19.7m
-32.30%
|
$45.7m
+132.24%
|
$27.7m
-39.50%
|
$36.6m
+32.30%
|
$55.9m
+52.70%
|
$64.7m
+15.77%
|
$72.8m
+12.57%
|
$71.4m
-1.99%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $32.6m |
$29.1m
-10.77%
|
$19.7m
-32.30%
|
$45.7m
+132.24%
|
$27.7m
-39.50%
|
$28.4m
+2.59%
|
$43.5m
+53.32%
|
$50.4m
+15.80%
|
$56.8m
+12.74%
|
$55.6m
-2.02%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $45.6m | $40.1m | $27.2m | $60.2m | $35.6m | $36.6m | $55.9m | $64.7m | $72.8m | $71.4m | — | |
| Depreciation, Depletion and Amortization | $71.3m | $83.3m | $107.1m | $96.2m | $108.3m | $116.3m | $123.3m | $119.5m | $125.5m | $127.3m | $129.1m | |
| Amortization of Debt Issuance Costs and Discounts | ($231k) | — | — | — | — | — | $2.6m | $3.4m | $3.7m | $2.9m | — | |
| Amortization of Intangible Assets | — | — | — | — | — | — | $3.9m | $1.8m | $1.9m | $3.1m | — | |
| Depreciation | $62.5m | $70.2m | $99.6m | $85.3m | $95.8m | $102.0m | $108.1m | $106.3m | $111.7m | $113.1m | $129.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $123.3m | $119.5m | $125.5m | $127.3m | $129.1m | |
| Share-based Payment Arrangement, Noncash Expense | $2.4m | $4.7m | $3.0m | $4.5m | $6.3m | $8.5m | $8.7m | $8.8m | $7.1m | $7.4m | $7.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $807k | $882k | $527k | $1.3m | $672k | $865k | $759k | $831k | $1.4m | $2.4m | — | |
| Other Nonoperating Income (Expense) | ($368k) | $334k | ($85k) | ($122k) | $447k | ($418k) | ($625k) | $7.6m | $18.1m | $3.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($530k) | ($982k) | $2.9m | ($1.0m) | $2.7m | |
| Increase (Decrease) in Accounts Receivable | $2.3m | $1.1m | $336k | $1.1m | $4.9m | ($2.3m) | $404k | $870k | $1.8m | ($726k) | $706k | |
| Change In Receivables | — | — | — | — | — | — | ($404k) | ($870k) | ($1.8m) | $726k | $706k | |
| Changes In Account Receivables | — | — | — | — | — | — | ($404k) | ($870k) | ($1.8m) | $726k | $706k | |
| Increase (Decrease) in Other Operating Assets | $982k | $499k | $227k | $2.4m | ($141k) | ($109k) | $723k | $1.1m | $1.3m | $1.2m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($723k) | ($1.1m) | ($1.3m) | ($1.2m) | ($914k) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $1.2m | $83k | $225k | ($313k) | $147k | |
| Net Cash Provided by (Used in) Operating Activities | $122.7m |
$145.9m
+18.91%
|
$136.5m
-6.41%
|
$153.8m
+12.68%
|
$127.0m
-17.44%
|
$168.3m
+32.56%
|
$179.1m
+6.38%
|
$188.8m
+5.41%
|
$207.1m
+9.72%
|
$167.1m
-19.31%
|
$168.6m
+0.86%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($113.8m) | ($83.0m) | ($70.2m) | ($72.3m) | ($79.9m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($7.4m) | ($6.9m) | ($7.2m) | ($8.2m) | ($9.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($63.5m) | ($330.6m) | ($64.3m) | ($599.2m) | ($69.1m) | ($312.3m) | ($166.3m) | ($89.9m) | ($77.4m) | ($30.5m) | ($89.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($4.3m) | $0 | $0 | $0 | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $111.0m | $225.0m | $623.3m | $0 | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $111.0m | $225.0m | $623.3m | $0 | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($111.0m) | ($186.0m) | ($300.0m) | ($325.0m) | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $39.0m | $323.3m | ($325.0m) | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $0 | $39.0m | $323.3m | ($325.0m) | $0 | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($100.0m) | $36.0m | ($36.0m) | — | — | $0 | |
| Repayment Of Debt | — | — | — | — | — | — | ($111.0m) | ($186.0m) | ($300.0m) | ($325.0m) | $0 | |
| Short Term Debt Issuance | — | — | — | — | — | $0 | $36.0m | $0 | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($100.0m) | $0 | ($36.0m) | — | — | $0 | |
| Proceeds from Issuance of Common Stock | $9.6m | $29.9m | — | $515.4m | $0 | $0 | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($98.2m) | ($101.6m) | ($103.4m) | ($105.3m) | ($105.4m) | |
| Dividends paid | $64.1m | $67.5m | $70.2m | $80.6m | $76.5m | $88.9m | $98.2m | $101.6m | $103.4m | $105.3m | ($105.4m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($98.2m) | ($101.6m) | ($103.4m) | ($105.3m) | ($105.4m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($236k) | — | — | — | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($4.5m) | ($3.0m) | ($6.8m) | ($2.6m) | ($2.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($54.3m) |
$221.9m
+508.88%
|
($106.8m)
-148.15%
|
$497.5m
+565.68%
|
($28.3m)
-105.69%
|
$144.4m
+610.15%
|
($102.7m)
-171.11%
|
($65.5m)
+36.18%
|
$213.1m
+425.07%
|
($432.9m)
-303.17%
|
($112.8m)
+73.95%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.2m | $37.2m | ($34.7m) | $52.2m | $29.6m | $475k | ($90.0m) | $33.3m | $342.8m | ($296.3m) | $109.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $139.5m | $49.6m | $82.9m | $425.7m | $143.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $92.0m | $57.3m | $109.5m | $139.0m | $139.5m | $49.6m | $82.9m | $425.7m | $129.4m | $109.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $47.8m | $47.5m | $52.6m | $52.0m | $53.5m | $51.0m | $56.1m | $62.0m | $64.4m | $79.3m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Properties | $0 | $0 | — | $633k | $0 | $0 | — | — | — | $44.5m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | $4.5m | $0 | $0 | — | — | — | — | — | |
| General and Administrative Expense | $17.9m | $21.4m | $22.8m | $24.9m | $26.6m | $29.9m | $32.1m | $36.0m | $35.5m | $37.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $28.4m | — | — | $56.8m | $55.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $45.6m | $40.1m | $27.2m | $60.2m | $35.6m | $36.6m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $566k | $214k | $327k | $819k | ($9k) | $738k | $850k | $1.0m | $886k | $770k | — | |
| Operating Expenses | $197.1m | $221.3m | $251.3m | $253.1m | $256.0m | $276.0m | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | — | $4.0m | $3.2m | $3.5m | $3.6m | $3.5m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $360.2m | $402.5m | $419.4m | $423.6m | $410.5m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $231k | $1.1m | $1.3m | $1.3m | $1.3m | — | — | — | — | — | — | |
| Real Estate Tax Expense | $28.4m | $32.7m | $35.0m | $40.0m | $41.9m | $42.8m | $44.8m | $45.2m | $44.2m | $45.0m | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | — | — | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($102.7m) | ($65.5m) | $213.1m | ($432.9m) | ($112.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($166.3m) | ($89.9m) | ($77.4m) | ($30.5m) | ($89.8m) | |
| Change In Account Payable | — | — | — | — | — | — | ($1.2m) | $765k | $5.6m | ($1.2m) | $1.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($90.0m) | $33.3m | $342.8m | ($296.3m) | — | |
| Change In Payable | — | — | — | — | — | — | ($582k) | $946k | $5.7m | ($229k) | $1.4m | |
| Changes In Cash | — | — | — | — | — | — | ($90.0m) | $33.3m | $342.8m | ($296.3m) | ($34.0m) | |
| End Cash Position | — | — | — | — | — | — | $49.6m | $82.9m | $425.7m | $129.4m | $109.7m | |
| Financing Cash Flow | — | — | — | — | — | — | ($102.7m) |
($65.5m)
+36.18%
|
$213.1m
+425.07%
|
($432.9m)
-303.17%
|
($112.8m)
+73.95%
|
|
| Free Cash Flow | — | — | — | — | — | — | $65.3m | $105.8m | $136.9m | $94.9m | $88.7m | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $865k | $1.4m | $1.2m | $934k | $957k | |
| Investing Cash Flow | — | — | — | — | — | — | ($166.3m) | ($89.9m) | ($77.4m) | ($30.5m) | ($89.8m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($45.2m) | $0 | $0 | $49.9m | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($37k) | $0 | $0 | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | $4.3m | — | — | — | ($44.5m) | $551k | |
| Other Non Cash Items | — | — | — | — | — | — | ($10.6m) | ($4.7m) | ($2.7m) | $6.0m | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $2.3m | $1.4m | $1.5m | $540k | $1.7m | |
| Purchase Of Investment | — | — | — | — | — | ($47.8m) | $0 | $0 | — | — | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($45.2m) | $0 | $0 | ($67.9m) | $0 | |
| Sale Of Investment | — | — | — | — | — | $47.7m | $0 | $0 | — | — | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | $0 | — | $0 | $0 | $117.8m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $8.7m | $8.8m | $7.1m | $7.4m | $7.4m |