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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $110.6M, roughly 1.4× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs 4.7%, a 1.3% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 1.8%). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -0.1%).
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.
Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.
AAT vs IIIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $159.9M |
| Net Profit | $6.7M | $7.6M |
| Gross Margin | — | 11.3% |
| Operating Margin | 23.4% | 6.0% |
| Net Margin | 6.1% | 4.7% |
| Revenue YoY | 1.8% | 23.3% |
| Net Profit YoY | -16.3% | 602.4% |
| EPS (diluted) | $0.08 | $0.39 |
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.
| Q1 26 | $110.6M | — | ||
| Q4 25 | $110.1M | $159.9M | ||
| Q3 25 | $109.6M | $177.4M | ||
| Q2 25 | $107.9M | $179.9M | ||
| Q1 25 | $108.6M | $160.7M | ||
| Q4 24 | $113.5M | $129.7M | ||
| Q3 24 | $122.8M | $134.3M | ||
| Q2 24 | $110.9M | $145.8M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $7.6M | ||
| Q3 25 | $4.5M | $14.6M | ||
| Q2 25 | $5.5M | $15.2M | ||
| Q1 25 | $42.5M | $10.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $16.7M | $4.7M | ||
| Q2 24 | $11.9M | $6.6M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 11.3% | ||
| Q3 25 | 60.5% | 16.1% | ||
| Q2 25 | 62.6% | 17.1% | ||
| Q1 25 | 62.0% | 15.3% | ||
| Q4 24 | 61.3% | 7.3% | ||
| Q3 24 | 65.5% | 9.1% | ||
| Q2 24 | 63.6% | 10.6% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | 6.0% | ||
| Q3 25 | 22.6% | 10.8% | ||
| Q2 25 | 24.1% | 11.0% | ||
| Q1 25 | 66.3% | 8.3% | ||
| Q4 24 | 26.5% | 1.1% | ||
| Q3 24 | 30.8% | 4.5% | ||
| Q2 24 | 27.8% | 6.0% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | 4.1% | 8.2% | ||
| Q2 25 | 5.1% | 8.4% | ||
| Q1 25 | 39.2% | 6.4% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | 13.6% | 3.5% | ||
| Q2 24 | 10.7% | 4.5% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $0.39 | ||
| Q3 25 | $0.07 | $0.74 | ||
| Q2 25 | $0.09 | $0.78 | ||
| Q1 25 | $0.70 | $0.52 | ||
| Q4 24 | $0.14 | $0.06 | ||
| Q3 24 | $0.28 | $0.24 | ||
| Q2 24 | $0.20 | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $15.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $358.8M |
| Total Assets | $2.9B | $456.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $15.6M | ||
| Q3 25 | $138.7M | $38.6M | ||
| Q2 25 | $143.7M | $53.7M | ||
| Q1 25 | $143.9M | $28.4M | ||
| Q4 24 | $425.7M | $36.0M | ||
| Q3 24 | $533.0M | $111.5M | ||
| Q2 24 | $114.9M | $97.7M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $358.8M | ||
| Q3 25 | $1.2B | $371.5M | ||
| Q2 25 | $1.2B | $356.2M | ||
| Q1 25 | $1.2B | $341.4M | ||
| Q4 24 | $1.2B | $331.6M | ||
| Q3 24 | $1.2B | $350.9M | ||
| Q2 24 | $1.2B | $346.0M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $456.1M | ||
| Q3 25 | $2.9B | $462.6M | ||
| Q2 25 | $3.0B | $471.9M | ||
| Q1 25 | $3.0B | $421.9M | ||
| Q4 24 | $3.3B | $404.7M | ||
| Q3 24 | $3.4B | $422.6M | ||
| Q2 24 | $3.0B | $414.6M |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.72× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-701.0K |
| Free Cash FlowOCF − Capex | — | $-2.2M |
| FCF MarginFCF / Revenue | — | -1.4% |
| Capex IntensityCapex / Revenue | 14.5% | 0.9% |
| Cash ConversionOCF / Net Profit | — | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | — | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $-701.0K | ||
| Q3 25 | $40.5M | $-17.0M | ||
| Q2 25 | $49.2M | $28.5M | ||
| Q1 25 | $36.9M | $-3.3M | ||
| Q4 24 | $207.1M | $19.0M | ||
| Q3 24 | $52.4M | $16.2M | ||
| Q2 24 | $59.3M | $18.8M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $-2.2M | ||
| Q3 25 | $23.1M | $-18.7M | ||
| Q2 25 | $28.4M | $26.9M | ||
| Q1 25 | $20.4M | $-5.5M | ||
| Q4 24 | $136.9M | $16.3M | ||
| Q3 24 | $28.0M | $14.5M | ||
| Q2 24 | $43.6M | $15.5M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | -1.4% | ||
| Q3 25 | 21.1% | -10.6% | ||
| Q2 25 | 26.3% | 15.0% | ||
| Q1 25 | 18.8% | -3.5% | ||
| Q4 24 | 120.7% | 12.6% | ||
| Q3 24 | 22.8% | 10.8% | ||
| Q2 24 | 39.3% | 10.7% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 0.9% | ||
| Q3 25 | 15.9% | 1.0% | ||
| Q2 25 | 19.3% | 0.9% | ||
| Q1 25 | 15.1% | 1.4% | ||
| Q4 24 | 61.9% | 2.1% | ||
| Q3 24 | 19.9% | 1.3% | ||
| Q2 24 | 14.1% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.09× | ||
| Q3 25 | 8.98× | -1.17× | ||
| Q2 25 | 9.01× | 1.88× | ||
| Q1 25 | 0.87× | -0.32× | ||
| Q4 24 | — | 17.56× | ||
| Q3 24 | 3.15× | 3.48× | ||
| Q2 24 | 4.98× | 2.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAT
| Rental income | $104.4M | 94% |
| Other | $6.2M | 6% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
