American Assets Trust annual debt-to-equity ratio
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2025
American Assets Trust Debt-to-Equity Ratio Growth & History (AAT)
American Assets Trust's debt-to-equity ratio was 1.49 for fiscal 2025.
View full American Assets Trust company overviewAmerican Assets Trust annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.49 | −0.25 | −14.15% |
| 2024 | 2024-12-31 | 1.74 | 0.30 | +20.92% |
| 2023 | 2023-12-31 | 1.44 | 0.09 | +6.44% |
| 2022 | 2022-12-31 | 1.35 | −0.01 | −0.85% |
| 2021 | 2021-12-31 | 1.36 | 0.31 | +29.24% |
| 2020 | 2020-12-31 | 1.05 | 0.01 | +1.35% |
| 2019 | 2019-12-31 | 1.04 | −0.49 | −32.21% |
| 2018 | 2018-12-31 | 1.54 | −0.06 | −3.76% |
| 2017 | 2017-12-31 | 1.60 | 0.30 | +23.34% |
| 2016 | 2016-12-31 | 1.29 | 0.00 | +0.01% |
| 2015 | 2015-12-31 | 1.29 | −0.16 | −11.13% |
| 2014 | 2014-12-31 | 1.46 | −0.01 | −0.89% |
| 2013 | 2013-12-31 | 1.47 | −0.17 | −10.28% |
| 2012 | 2012-12-31 | 1.64 | 0.13 | +8.59% |
| 2011 | 2011-12-31 | 1.51 | — | — |
American Assets Trust quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.52 | 1.50 | +9239.02% |
| Q1 2026 | 2026-03-31 | 0.02 | −0.00 | −4.64% |
| Q4 2025 | 2025-12-31 | 1.49 | −0.25 | −14.15% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.00 | −7.17% |
| Q2 2025 | 2025-06-30 | 0.02 | −0.00 | −11.75% |
| Q1 2025 | 2025-03-31 | 0.02 | −0.00 | −11.70% |
| Q4 2024 | 2024-12-31 | 1.74 | 0.30 | +20.92% |
| Q3 2024 | 2024-09-30 | 0.02 | −0.00 | −9.04% |
| Q2 2024 | 2024-06-30 | 0.02 | −0.00 | −8.59% |
| Q1 2024 | 2024-03-31 | 0.02 | −0.00 | −8.53% |
| Q4 2023 | 2023-12-31 | 1.44 | 0.09 | +6.44% |
| Q3 2023 | 2023-09-30 | 0.02 | −0.00 | −7.47% |
| Q2 2023 | 2023-06-30 | 0.02 | −0.00 | −7.41% |
| Q1 2023 | 2023-03-31 | 0.02 | −0.00 | −6.93% |
| Q4 2022 | 2022-12-31 | 1.35 | −0.01 | −0.85% |
| Q3 2022 | 2022-09-30 | 0.02 | −0.00 | −6.62% |
| Q2 2022 | 2022-06-30 | 0.02 | −0.00 | −4.21% |
| Q1 2022 | 2022-03-31 | 0.02 | −0.00 | −5.47% |
| Q4 2021 | 2021-12-31 | 1.36 | 0.31 | +29.24% |
| Q3 2021 | 2021-09-30 | 0.02 | −0.00 | −4.47% |
| Q2 2021 | 2021-06-30 | 0.02 | 0.00 | +13.16% |
| Q1 2021 | 2021-03-31 | 0.02 | 0.00 | +14.13% |
| Q4 2020 | 2020-12-31 | 1.05 | 0.01 | +1.35% |
| Q3 2020 | 2020-09-30 | 0.02 | 0.02 | +411.16% |
| Q2 2020 | 2020-06-30 | 0.02 | 0.01 | +279.15% |
| Q1 2020 | 2020-03-31 | 0.02 | 0.01 | +115.50% |
| Q4 2019 | 2019-12-31 | 1.04 | −0.49 | −32.21% |
| Q3 2019 | 2019-09-30 | 0.00 | — | — |
| Q2 2019 | 2019-06-30 | 0.01 | — | — |
| Q1 2019 | 2019-03-31 | 0.01 | — | — |
| Q4 2018 | 2018-12-31 | 1.54 | −0.06 | −3.76% |
| Q4 2017 | 2017-12-31 | 1.60 | 0.30 | +23.34% |
| Q4 2016 | 2016-12-31 | 1.29 | 0.00 | +0.01% |
| Q4 2015 | 2015-12-31 | 1.29 | −0.16 | −11.13% |
| Q4 2014 | 2014-12-31 | 1.46 | −0.01 | −0.89% |
| Q3 2014 | 2014-09-30 | 1.29 | −0.31 | −19.40% |
| Q2 2014 | 2014-06-30 | 1.35 | −0.24 | −15.14% |
| Q1 2014 | 2014-03-31 | 1.39 | −0.26 | −15.76% |
| Q4 2013 | 2013-12-31 | 1.47 | −0.17 | −10.28% |
| Q3 2013 | 2013-09-30 | 1.60 | — | — |
| Q2 2013 | 2013-06-30 | 1.59 | — | — |
| Q1 2013 | 2013-03-31 | 1.65 | — | — |
| Q4 2012 | 2012-12-31 | 1.64 | 0.13 | +8.59% |
| Q4 2011 | 2011-12-31 | 1.51 | — | — |
American Assets Trust debt-to-equity ratio trends
Over the last five fiscal years, American Assets Trust's debt-to-equity ratio increased from 1.05 to 1.49, a change of 0.44. The latest reported quarter, Q2 2026, shows 1.52.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Assets Trust source filings ↗