American Assets Trust, Inc.
Close on Oct 19, 2026
- Market cap
- $1.59B
- P/E (TTM)
- 71.1
- Dividend yield
- 6.60%
About American Assets Trust
Real Estate Investment Trusts, SIC 6798
American Assets Trust, Inc. is a self-administered real estate investment trust that owns, operates, acquires, and develops commercial and residential real estate properties. The company operates across four primary business segments: office, retail, multifamily, and mixed-use. Its property offerings include commercial office buildings, shopping centers, residential apartment communities, and a hotel. The company leases spaces to diverse clients, including corporate office tenants in technology and financial services, retail merchants and grocery anchors, hotel guests, and residential renters.
The company's real estate portfolio consists of twelve office properties, eleven retail shopping centers, one mixed-use property featuring a 369-room hotel and shopping center, and seven multifamily residential properties, along with land held for development at two sites. Its properties are concentrated in California, Washington, Oregon, Texas, and Hawaii, with core metropolitan markets in San Diego, the San Francisco Bay Area, Bellevue, Portland, and Oahu. The company maintains no foreign operations and employs 232 people. Its principal executive offices and headquarters are located in San Diego, California.
Summary of the business section of American Assets Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- American Assets Trust, Inc.
- Founded
- 2010
- Headquarters
- San Diego, CA
- Address
- 3420 Carmel Mountain Road, Suite 100 92121
- Phone
- (858) 350-2600
- Website
- americanassetstrust.com
- Employees
- 232, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, San Diego, California
Stock & identifiers
- Ticker
- AAT
- Exchange
- NYSE
- IPO date
- Jan 14, 2011
- Shares outstanding
- 61M, Jul 31, 2026
- Public float
- $1.04B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1500217
- CUSIP
- 024013104
- ISIN
- US0240131047
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ernest S. Rady | Executive Chairman, Director | 14,438,400 |
| Robert F. Barton | Executive Vice President & CFO | 398,517 |
| Jerry Gammieri | SVP Construction and Devlp | 122,285 |
| Adam Wyll | President & CEO | 427,289 |
| Stuart A. Tanz | Director | 3,843 |
| Thomas S. Olinger | Director | 48,284 |
| Robert S. Sullivan | Director | 30,350 |
| Joy L. Schaefer | Director | 19,155 |
| Nina A. Tran | Director | 12,149 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Adam Wyll | $4.81M | $2.98M | $2.06M | $85 | $107 |
| FY2024 Adam Wyll | $3.37M | $3.04M | $3.28M | $72 | $96 |
| FY2023 Adam Wyll | $3.34M | $2.40M | $2.44M | $58 | $89 |
| FY2022 Adam Wyll | $5.08M | $3.90M | $2.22M | $64 | $83 |
| FY2021 Adam Wyll | $5.06M | $2.73M | $2.05M | $87 | $117 |
| FY2020 Ernest Rady | $4.43M | $1.28M | $1.78M | $65 | $90 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 7, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 20, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 28, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 21, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 11, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 14, 2011 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 11, 2011 | Listing | Registration of securities on an exchange (Form 8-A) |