American Assets Trust Inc
NYSE:AAT
Income Statement
Earnings Waterfall
American Assets Trust Inc
Revenue
|
441.2m
USD
|
Cost of Revenue
|
-164m
USD
|
Gross Profit
|
277.2m
USD
|
Operating Expenses
|
-155.5m
USD
|
Operating Income
|
121.7m
USD
|
Other Expenses
|
-71.4m
USD
|
Net Income
|
50.4m
USD
|
Income Statement
American Assets Trust Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
255
N/A
|
257
+1%
|
256
0%
|
258
+1%
|
260
+1%
|
262
+1%
|
267
+2%
|
271
+2%
|
276
+2%
|
280
+2%
|
285
+2%
|
290
+2%
|
295
+2%
|
298
+1%
|
304
+2%
|
310
+2%
|
315
+2%
|
322
+2%
|
330
+2%
|
330
+0%
|
331
+0%
|
335
+1%
|
335
0%
|
350
+5%
|
367
+5%
|
378
+3%
|
376
-1%
|
362
-4%
|
345
-5%
|
332
-4%
|
342
+3%
|
355
+4%
|
376
+6%
|
393
+5%
|
406
+3%
|
418
+3%
|
423
+1%
|
429
+2%
|
435
+1%
|
435
+0%
|
441
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(90)
|
(92)
|
(91)
|
(91)
|
(91)
|
(91)
|
(93)
|
(95)
|
(98)
|
(101)
|
(103)
|
(106)
|
(108)
|
(110)
|
(112)
|
(114)
|
(117)
|
(118)
|
(120)
|
(121)
|
(122)
|
(122)
|
(124)
|
(129)
|
(132)
|
(136)
|
(131)
|
(126)
|
(121)
|
(117)
|
(122)
|
(124)
|
(130)
|
(136)
|
(142)
|
(149)
|
(152)
|
(156)
|
(159)
|
(160)
|
(164)
|
|
Gross Profit |
165
N/A
|
165
+0%
|
165
0%
|
167
+1%
|
169
+1%
|
171
+1%
|
174
+2%
|
175
+1%
|
178
+1%
|
180
+1%
|
182
+1%
|
184
+1%
|
187
+2%
|
188
+0%
|
192
+2%
|
196
+2%
|
198
+1%
|
204
+3%
|
210
+3%
|
210
0%
|
209
0%
|
213
+2%
|
211
-1%
|
222
+5%
|
235
+6%
|
242
+3%
|
246
+1%
|
236
-4%
|
224
-5%
|
215
-4%
|
220
+2%
|
231
+5%
|
246
+6%
|
258
+5%
|
264
+2%
|
270
+2%
|
270
+0%
|
273
+1%
|
276
+1%
|
275
0%
|
277
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(84)
|
(84)
|
(85)
|
(86)
|
(85)
|
(84)
|
(82)
|
(83)
|
(84)
|
(85)
|
(87)
|
(88)
|
(89)
|
(90)
|
(98)
|
(101)
|
(105)
|
(121)
|
(130)
|
(128)
|
(130)
|
(118)
|
(108)
|
(116)
|
(121)
|
(129)
|
(134)
|
(134)
|
(135)
|
(135)
|
(136)
|
(140)
|
(146)
|
(149)
|
(154)
|
(156)
|
(156)
|
(157)
|
(157)
|
(155)
|
(155)
|
|
Selling, General & Administrative |
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(21)
|
(20)
|
(20)
|
(19)
|
(17)
|
(18)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(30)
|
(30)
|
(31)
|
(32)
|
(32)
|
(34)
|
(35)
|
(36)
|
(36)
|
|
Depreciation & Amortization |
(67)
|
(66)
|
(67)
|
(67)
|
(67)
|
(65)
|
(63)
|
(62)
|
(63)
|
(66)
|
(68)
|
(70)
|
(71)
|
(72)
|
(78)
|
(82)
|
(83)
|
(99)
|
(107)
|
(106)
|
(107)
|
(95)
|
(84)
|
(91)
|
(96)
|
(103)
|
(107)
|
(107)
|
(108)
|
(108)
|
(109)
|
(113)
|
(116)
|
(119)
|
(123)
|
(124)
|
(123)
|
(123)
|
(122)
|
(120)
|
(120)
|
|
Operating Income |
81
N/A
|
82
+1%
|
80
-2%
|
82
+2%
|
84
+3%
|
86
+3%
|
92
+7%
|
93
+1%
|
94
+2%
|
95
+0%
|
95
+0%
|
97
+2%
|
98
+1%
|
98
0%
|
94
-4%
|
95
+1%
|
94
-1%
|
83
-11%
|
80
-3%
|
81
+1%
|
80
-2%
|
95
+20%
|
103
+8%
|
106
+3%
|
114
+7%
|
114
N/A
|
112
-1%
|
102
-9%
|
89
-13%
|
80
-10%
|
83
+4%
|
91
+9%
|
100
+10%
|
108
+8%
|
110
+2%
|
113
+3%
|
115
+1%
|
116
+1%
|
119
+3%
|
119
+0%
|
122
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(58)
|
(57)
|
(55)
|
(54)
|
(53)
|
(51)
|
(49)
|
(47)
|
(47)
|
(48)
|
(50)
|
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(53)
|
(54)
|
(54)
|
(53)
|
(52)
|
(52)
|
(52)
|
(53)
|
(53)
|
(53)
|
(54)
|
(53)
|
(53)
|
(54)
|
(55)
|
(57)
|
(58)
|
(59)
|
(59)
|
(58)
|
(58)
|
(59)
|
(60)
|
(61)
|
(63)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
1
|
0
|
0
|
0
|
(1)
|
(1)
|
(0)
|
7
|
7
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
6
|
6
|
6
|
5
|
|
Pre-Tax Income |
23
N/A
|
25
+8%
|
25
+3%
|
28
+11%
|
31
+11%
|
36
+15%
|
43
+19%
|
53
+23%
|
54
+2%
|
53
-1%
|
52
-3%
|
45
-14%
|
46
+2%
|
45
-1%
|
42
-7%
|
43
+1%
|
40
-6%
|
29
-27%
|
26
-11%
|
28
+7%
|
27
-2%
|
43
+58%
|
51
+17%
|
53
+4%
|
60
+14%
|
60
+0%
|
58
-3%
|
48
-17%
|
36
-26%
|
22
-39%
|
24
+8%
|
30
+27%
|
37
+22%
|
48
+32%
|
51
+4%
|
54
+7%
|
56
+4%
|
63
+13%
|
65
+3%
|
64
-2%
|
65
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
23
|
25
|
25
|
28
|
31
|
36
|
43
|
53
|
54
|
53
|
52
|
45
|
46
|
45
|
42
|
43
|
40
|
29
|
26
|
28
|
27
|
43
|
51
|
53
|
60
|
60
|
58
|
48
|
36
|
22
|
24
|
30
|
37
|
48
|
51
|
54
|
56
|
63
|
65
|
64
|
65
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(7)
|
(11)
|
(14)
|
(13)
|
(13)
|
(10)
|
(8)
|
(5)
|
(5)
|
(6)
|
(8)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(13)
|
(14)
|
|
Net Income (Common) |
15
N/A
|
17
+9%
|
17
+4%
|
19
+13%
|
22
+12%
|
25
+15%
|
30
+20%
|
37
+24%
|
39
+3%
|
38
-1%
|
37
-3%
|
32
-14%
|
33
+2%
|
32
-1%
|
30
-6%
|
31
+2%
|
29
-6%
|
21
-27%
|
19
-11%
|
20
+7%
|
20
-2%
|
31
+59%
|
37
+19%
|
40
+7%
|
46
+15%
|
47
+2%
|
46
-3%
|
38
-17%
|
28
-26%
|
17
-39%
|
18
+7%
|
23
+28%
|
28
+23%
|
38
+32%
|
39
+5%
|
42
+7%
|
44
+4%
|
49
+13%
|
51
+3%
|
50
-2%
|
50
+2%
|
|
EPS (Diluted) |
0.26
N/A
|
0.28
+8%
|
0.28
N/A
|
0.32
+14%
|
0.36
+13%
|
0.4
+11%
|
0.48
+20%
|
0.59
+23%
|
0.61
+3%
|
0.6
-2%
|
0.58
-3%
|
0.5
-14%
|
0.51
+2%
|
0.5
-2%
|
0.47
-6%
|
0.48
+2%
|
0.45
-6%
|
0.45
N/A
|
0.29
-36%
|
0.31
+7%
|
0.3
-3%
|
0.48
+60%
|
0.55
+15%
|
0.52
-5%
|
0.64
+23%
|
0.61
-5%
|
0.59
-3%
|
0.49
-17%
|
0.36
-27%
|
0.22
-39%
|
0.23
+5%
|
0.3
+30%
|
0.37
+23%
|
0.49
+32%
|
0.51
+4%
|
0.55
+8%
|
0.57
+4%
|
0.64
+12%
|
0.66
+3%
|
0.64
-3%
|
0.65
+2%
|