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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and IMAX CORP (IMAX). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $110.6M, roughly 1.1× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs 0.5%, a 5.6% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 1.8%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% 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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
AAT vs IMAX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $125.2M |
| Net Profit | $6.7M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 23.4% | 19.3% |
| Net Margin | 6.1% | 0.5% |
| Revenue YoY | 1.8% | 35.1% |
| Net Profit YoY | -16.3% | -88.0% |
| EPS (diluted) | $0.08 | $0.02 |
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 | $125.2M | ||
| Q3 25 | $109.6M | $106.7M | ||
| Q2 25 | $107.9M | $91.7M | ||
| Q1 25 | $108.6M | $86.7M | ||
| Q4 24 | $113.5M | $92.7M | ||
| Q3 24 | $122.8M | $91.5M | ||
| Q2 24 | $110.9M | $89.0M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $637.0K | ||
| Q3 25 | $4.5M | $20.7M | ||
| Q2 25 | $5.5M | $11.3M | ||
| Q1 25 | $42.5M | $2.3M | ||
| Q4 24 | — | $5.3M | ||
| Q3 24 | $16.7M | $13.9M | ||
| Q2 24 | $11.9M | $3.6M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 57.6% | ||
| Q3 25 | 60.5% | 63.1% | ||
| Q2 25 | 62.6% | 58.5% | ||
| Q1 25 | 62.0% | 61.4% | ||
| Q4 24 | 61.3% | 52.2% | ||
| Q3 24 | 65.5% | 55.8% | ||
| Q2 24 | 63.6% | 49.4% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | 19.3% | ||
| Q3 25 | 22.6% | 27.2% | ||
| Q2 25 | 24.1% | 15.6% | ||
| Q1 25 | 66.3% | 19.3% | ||
| Q4 24 | 26.5% | 10.3% | ||
| Q3 24 | 30.8% | 21.2% | ||
| Q2 24 | 27.8% | 3.2% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | 0.5% | ||
| Q3 25 | 4.1% | 19.4% | ||
| Q2 25 | 5.1% | 12.3% | ||
| Q1 25 | 39.2% | 2.7% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 13.6% | 15.2% | ||
| Q2 24 | 10.7% | 4.0% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $0.02 | ||
| Q3 25 | $0.07 | $0.37 | ||
| Q2 25 | $0.09 | $0.20 | ||
| Q1 25 | $0.70 | $0.04 | ||
| Q4 24 | $0.14 | $0.09 | ||
| Q3 24 | $0.28 | $0.26 | ||
| Q2 24 | $0.20 | $0.07 |
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 | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $337.9M |
| Total Assets | $2.9B | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $151.2M | ||
| Q3 25 | $138.7M | $143.1M | ||
| Q2 25 | $143.7M | $109.3M | ||
| Q1 25 | $143.9M | $97.1M | ||
| Q4 24 | $425.7M | $100.6M | ||
| Q3 24 | $533.0M | $104.5M | ||
| Q2 24 | $114.9M | $91.6M |
| 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 | $337.9M | ||
| Q3 25 | $1.2B | $349.5M | ||
| Q2 25 | $1.2B | $320.4M | ||
| Q1 25 | $1.2B | $299.5M | ||
| Q4 24 | $1.2B | $299.5M | ||
| Q3 24 | $1.2B | $289.4M | ||
| Q2 24 | $1.2B | $267.2M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $894.0M | ||
| Q3 25 | $2.9B | $889.6M | ||
| Q2 25 | $3.0B | $868.6M | ||
| Q1 25 | $3.0B | $848.3M | ||
| Q4 24 | $3.3B | $830.4M | ||
| Q3 24 | $3.4B | $847.6M | ||
| Q2 24 | $3.0B | $827.4M |
| 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 | — | $29.4M |
| Free Cash FlowOCF − Capex | — | $28.0M |
| FCF MarginFCF / Revenue | — | 22.3% |
| Capex IntensityCapex / Revenue | 14.5% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $29.4M | ||
| Q3 25 | $40.5M | $67.5M | ||
| Q2 25 | $49.2M | $23.2M | ||
| Q1 25 | $36.9M | $7.0M | ||
| Q4 24 | $207.1M | $11.5M | ||
| Q3 24 | $52.4M | $35.3M | ||
| Q2 24 | $59.3M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $28.0M | ||
| Q3 25 | $23.1M | $64.8M | ||
| Q2 25 | $28.4M | $20.9M | ||
| Q1 25 | $20.4M | $5.3M | ||
| Q4 24 | $136.9M | $6.9M | ||
| Q3 24 | $28.0M | $34.2M | ||
| Q2 24 | $43.6M | $33.5M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | 22.3% | ||
| Q3 25 | 21.1% | 60.7% | ||
| Q2 25 | 26.3% | 22.8% | ||
| Q1 25 | 18.8% | 6.1% | ||
| Q4 24 | 120.7% | 7.4% | ||
| Q3 24 | 22.8% | 37.3% | ||
| Q2 24 | 39.3% | 37.6% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 1.1% | ||
| Q3 25 | 15.9% | 2.6% | ||
| Q2 25 | 19.3% | 2.6% | ||
| Q1 25 | 15.1% | 1.9% | ||
| Q4 24 | 61.9% | 5.0% | ||
| Q3 24 | 19.9% | 1.2% | ||
| Q2 24 | 14.1% | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 46.11× | ||
| Q3 25 | 8.98× | 3.27× | ||
| Q2 25 | 9.01× | 2.06× | ||
| Q1 25 | 0.87× | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 3.15× | 2.54× | ||
| Q2 24 | 4.98× | 9.78× |
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% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
