vs

Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and American Express (AXP). Click either name above to swap in a different company.

American Express is the larger business by last-quarter revenue ($18.9M vs $9.6M, roughly 2.0× American Assets Trust, Inc.). On growth, American Express posted the faster year-over-year revenue change (11.4% vs -5.5%). Over the past eight quarters, American Assets Trust, Inc.'s revenue compounded faster (-5.2% CAGR vs -95.6%).

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.

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...

AAT vs AXP — Head-to-Head

Bigger by revenue
AXP
AXP
2.0× larger
AXP
$18.9M
$9.6M
AAT
Growing faster (revenue YoY)
AXP
AXP
+17.0% gap
AXP
11.4%
-5.5%
AAT
Faster 2-yr revenue CAGR
AAT
AAT
Annualised
AAT
-5.2%
-95.6%
AXP

Income Statement — Q4 2025 vs Q1 2026

Metric
AAT
AAT
AXP
AXP
Revenue
$9.6M
$18.9M
Net Profit
$3.0M
Gross Margin
Operating Margin
Net Margin
15.7%
Revenue YoY
-5.5%
11.4%
Net Profit YoY
15.0%
EPS (diluted)
$0.06

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
AXP
AXP
Q1 26
$18.9M
Q4 25
$9.6M
$10.9B
Q3 25
$10.1M
$10.4B
Q2 25
$10.2M
$10.3B
Q1 25
$9.9M
$9.6B
Q4 24
$10.2M
$10.0B
Q3 24
$11.4M
$9.7B
Q2 24
$10.6M
$9.8B
Net Profit
AAT
AAT
AXP
AXP
Q1 26
$3.0M
Q4 25
$2.5B
Q3 25
$4.5M
$2.9B
Q2 25
$5.5M
$2.9B
Q1 25
$42.5M
$2.6B
Q4 24
$2.2B
Q3 24
$16.7M
$2.5B
Q2 24
$11.9M
$3.0B
Operating Margin
AAT
AAT
AXP
AXP
Q1 26
Q4 25
28.2%
Q3 25
36.7%
Q2 25
34.4%
Q1 25
34.6%
Q4 24
27.7%
Q3 24
33.0%
Q2 24
38.6%
Net Margin
AAT
AAT
AXP
AXP
Q1 26
15.7%
Q4 25
22.5%
Q3 25
44.6%
27.9%
Q2 25
53.2%
28.0%
Q1 25
429.3%
26.8%
Q4 24
21.8%
Q3 24
145.5%
25.8%
Q2 24
111.9%
30.7%
EPS (diluted)
AAT
AAT
AXP
AXP
Q1 26
Q4 25
$0.06
$3.52
Q3 25
$0.07
$4.14
Q2 25
$0.09
$4.08
Q1 25
$0.70
$3.64
Q4 24
$0.14
$3.04
Q3 24
$0.28
$3.49
Q2 24
$0.20
$4.15

Balance Sheet & Financial Strength

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

Metric
AAT
AAT
AXP
AXP
Cash + ST InvestmentsLiquidity on hand
$129.4M
Total DebtLower is stronger
$1.7B
$60.4M
Stockholders' EquityBook value
$1.2B
$34.0M
Total Assets
$2.9B
$308.9M
Debt / EquityLower = less leverage
1.48×
1.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
AXP
AXP
Q1 26
Q4 25
$129.4M
$742.0M
Q3 25
$138.7M
$1.3B
Q2 25
$143.7M
$197.0M
Q1 25
$143.9M
$261.0M
Q4 24
$425.7M
$221.0M
Q3 24
$533.0M
$120.0M
Q2 24
$114.9M
$188.0M
Total Debt
AAT
AAT
AXP
AXP
Q1 26
$60.4M
Q4 25
$1.7B
$56.4B
Q3 25
$57.8B
Q2 25
$58.2B
Q1 25
$51.2B
Q4 24
$2.0B
$49.7B
Q3 24
$53.5B
Q2 24
$51.5B
Stockholders' Equity
AAT
AAT
AXP
AXP
Q1 26
$34.0M
Q4 25
$1.2B
$33.5B
Q3 25
$1.2B
$32.4B
Q2 25
$1.2B
$32.3B
Q1 25
$1.2B
$31.2B
Q4 24
$1.2B
$30.3B
Q3 24
$1.2B
$29.7B
Q2 24
$1.2B
$29.5B
Total Assets
AAT
AAT
AXP
AXP
Q1 26
$308.9M
Q4 25
$2.9B
$300.1B
Q3 25
$2.9B
$297.6B
Q2 25
$3.0B
$295.6B
Q1 25
$3.0B
$282.2B
Q4 24
$3.3B
$271.5B
Q3 24
$3.4B
$271.0B
Q2 24
$3.0B
$272.2B
Debt / Equity
AAT
AAT
AXP
AXP
Q1 26
1.78×
Q4 25
1.48×
1.68×
Q3 25
1.78×
Q2 25
1.80×
Q1 25
1.64×
Q4 24
1.72×
1.64×
Q3 24
1.80×
Q2 24
1.74×

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
AXP
AXP
Operating Cash FlowLast quarter
$40.6M
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
AXP
AXP
Q1 26
Q4 25
$40.6M
$3.1B
Q3 25
$40.5M
$6.2B
Q2 25
$49.2M
$4.4B
Q1 25
$36.9M
$4.8B
Q4 24
$40.6M
$5.8B
Q3 24
$52.4M
$-1.8B
Q2 24
$59.3M
$4.5B
Free Cash Flow
AAT
AAT
AXP
AXP
Q1 26
Q4 25
$23.0M
$2.3B
Q3 25
$23.1M
$5.6B
Q2 25
$28.4M
$3.7B
Q1 25
$20.4M
$4.3B
Q4 24
$21.5M
$5.3B
Q3 24
$28.0M
$-2.3B
Q2 24
$43.6M
$4.0B
FCF Margin
AAT
AAT
AXP
AXP
Q1 26
Q4 25
238.4%
21.4%
Q3 25
228.3%
53.6%
Q2 25
276.7%
36.3%
Q1 25
206.1%
45.0%
Q4 24
210.4%
53.1%
Q3 24
244.4%
-23.3%
Q2 24
409.9%
40.4%
Capex Intensity
AAT
AAT
AXP
AXP
Q1 26
Q4 25
182.1%
6.6%
Q3 25
172.4%
6.3%
Q2 25
203.1%
6.0%
Q1 25
166.0%
4.5%
Q4 24
187.6%
5.0%
Q3 24
213.5%
4.7%
Q2 24
147.4%
5.8%
Cash Conversion
AAT
AAT
AXP
AXP
Q1 26
Q4 25
1.25×
Q3 25
8.98×
2.15×
Q2 25
9.01×
1.51×
Q1 25
0.87×
1.84×
Q4 24
2.66×
Q3 24
3.15×
-0.72×
Q2 24
4.98×
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAT
AAT

Segment breakdown not available.

AXP
AXP

Discount revenue$9.5M50%
Other$8.9M47%
Deposits with banks and other$512.0K3%

Related Comparisons