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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and ARBOR REALTY TRUST INC (ABR). Click either name above to swap in a different company.

ARBOR REALTY TRUST INC is the larger business by last-quarter revenue ($55.7M vs $9.6M, roughly 5.8× American Assets Trust, Inc.). On growth, American Assets Trust, Inc. posted the faster year-over-year revenue change (-5.5% vs -32.7%). Over the past eight quarters, American Assets Trust, Inc.'s revenue compounded faster (-5.2% CAGR vs -26.7%).

Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.

Arbor Realty Trust Inc. is a U.S.-headquartered specialized real estate investment trust (REIT). It primarily provides structured financing solutions for multifamily residential and commercial real estate projects, including bridge loans, agency lending, and mezzanine financing. Its core market covers the U.S. real estate sector, serving property owners, developers and real estate investors nationwide.

AAT vs ABR — Head-to-Head

Bigger by revenue
ABR
ABR
5.8× larger
ABR
$55.7M
$9.6M
AAT
Growing faster (revenue YoY)
AAT
AAT
+27.2% gap
AAT
-5.5%
-32.7%
ABR
Faster 2-yr revenue CAGR
AAT
AAT
Annualised
AAT
-5.2%
-26.7%
ABR

Income Statement — Q4 2025 vs Q4 2025

Metric
AAT
AAT
ABR
ABR
Revenue
$9.6M
$55.7M
Net Profit
Gross Margin
Operating Margin
Net Margin
Revenue YoY
-5.5%
-32.7%
Net Profit YoY
EPS (diluted)
$0.06
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAT
AAT
ABR
ABR
Q4 25
$9.6M
$55.7M
Q3 25
$10.1M
$38.3M
Q2 25
$10.2M
$68.7M
Q1 25
$9.9M
$75.4M
Q4 24
$10.2M
$82.9M
Q3 24
$11.4M
$88.8M
Q2 24
$10.6M
$88.0M
Q1 24
$10.7M
$103.6M
Net Profit
AAT
AAT
ABR
ABR
Q4 25
Q3 25
$4.5M
$52.0M
Q2 25
$5.5M
$36.3M
Q1 25
$42.5M
$43.4M
Q4 24
Q3 24
$16.7M
$73.5M
Q2 24
$11.9M
$61.8M
Q1 24
$19.3M
$73.2M
Operating Margin
AAT
AAT
ABR
ABR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
72.8%
Net Margin
AAT
AAT
ABR
ABR
Q4 25
Q3 25
44.6%
135.9%
Q2 25
53.2%
52.8%
Q1 25
429.3%
57.5%
Q4 24
Q3 24
145.5%
82.8%
Q2 24
111.9%
70.3%
Q1 24
179.4%
70.7%
EPS (diluted)
AAT
AAT
ABR
ABR
Q4 25
$0.06
$0.08
Q3 25
$0.07
$0.20
Q2 25
$0.09
$0.12
Q1 25
$0.70
$0.16
Q4 24
$0.14
$0.31
Q3 24
$0.28
$0.31
Q2 24
$0.20
$0.25
Q1 24
$0.32
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAT
AAT
ABR
ABR
Cash + ST InvestmentsLiquidity on hand
$129.4M
$482.9M
Total DebtLower is stronger
$1.7B
$11.1B
Stockholders' EquityBook value
$1.2B
$3.0B
Total Assets
$2.9B
$14.5B
Debt / EquityLower = less leverage
1.48×
3.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
ABR
ABR
Q4 25
$129.4M
$482.9M
Q3 25
$138.7M
$423.4M
Q2 25
$143.7M
$255.7M
Q1 25
$143.9M
$308.8M
Q4 24
$425.7M
$503.8M
Q3 24
$533.0M
$687.5M
Q2 24
$114.9M
$737.5M
Q1 24
$98.6M
$908.0M
Total Debt
AAT
AAT
ABR
ABR
Q4 25
$1.7B
$11.1B
Q3 25
$10.4B
Q2 25
$10.1B
Q1 25
$9.9B
Q4 24
$2.0B
$10.0B
Q3 24
$10.3B
Q2 24
$10.6B
Q1 24
$11.4B
Stockholders' Equity
AAT
AAT
ABR
ABR
Q4 25
$1.2B
$3.0B
Q3 25
$1.2B
$3.0B
Q2 25
$1.2B
$3.0B
Q1 25
$1.2B
$3.0B
Q4 24
$1.2B
$3.0B
Q3 24
$1.2B
$3.0B
Q2 24
$1.2B
$3.1B
Q1 24
$1.2B
$3.1B
Total Assets
AAT
AAT
ABR
ABR
Q4 25
$2.9B
$14.5B
Q3 25
$2.9B
$13.9B
Q2 25
$3.0B
$13.6B
Q1 25
$3.0B
$13.4B
Q4 24
$3.3B
$13.5B
Q3 24
$3.4B
$13.9B
Q2 24
$3.0B
$14.2B
Q1 24
$3.0B
$15.1B
Debt / Equity
AAT
AAT
ABR
ABR
Q4 25
1.48×
3.75×
Q3 25
3.47×
Q2 25
3.40×
Q1 25
3.29×
Q4 24
1.72×
3.29×
Q3 24
3.40×
Q2 24
3.47×
Q1 24
3.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAT
AAT
ABR
ABR
Operating Cash FlowLast quarter
$40.6M
$-16.9M
Free Cash FlowOCF − Capex
$23.0M
FCF MarginFCF / Revenue
238.4%
Capex IntensityCapex / Revenue
182.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$94.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
ABR
ABR
Q4 25
$40.6M
$-16.9M
Q3 25
$40.5M
$178.7M
Q2 25
$49.2M
$60.0M
Q1 25
$36.9M
$150.5M
Q4 24
$40.6M
$46.7M
Q3 24
$52.4M
$85.0M
Q2 24
$59.3M
$69.9M
Q1 24
$54.8M
$260.0M
Free Cash Flow
AAT
AAT
ABR
ABR
Q4 25
$23.0M
Q3 25
$23.1M
Q2 25
$28.4M
Q1 25
$20.4M
Q4 24
$21.5M
Q3 24
$28.0M
Q2 24
$43.6M
Q1 24
$43.8M
FCF Margin
AAT
AAT
ABR
ABR
Q4 25
238.4%
Q3 25
228.3%
Q2 25
276.7%
Q1 25
206.1%
Q4 24
210.4%
Q3 24
244.4%
Q2 24
409.9%
Q1 24
408.5%
Capex Intensity
AAT
AAT
ABR
ABR
Q4 25
182.1%
Q3 25
172.4%
Q2 25
203.1%
Q1 25
166.0%
Q4 24
187.6%
Q3 24
213.5%
Q2 24
147.4%
Q1 24
101.9%
Cash Conversion
AAT
AAT
ABR
ABR
Q4 25
Q3 25
8.98×
3.44×
Q2 25
9.01×
1.65×
Q1 25
0.87×
3.47×
Q4 24
Q3 24
3.15×
1.16×
Q2 24
4.98×
1.13×
Q1 24
2.84×
3.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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