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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and MOVADO GROUP INC (MOV). Click either name above to swap in a different company.
MOVADO GROUP INC is the larger business by last-quarter revenue ($186.1M vs $110.6M, roughly 1.7× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs 5.1%, a 0.9% gap on every dollar of revenue. On growth, MOVADO GROUP INC posted the faster year-over-year revenue change (1.9% vs 1.8%). Over the past eight quarters, MOVADO GROUP INC's revenue compounded faster (2.9% 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.
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
AAT vs MOV — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $186.1M |
| Net Profit | $6.7M | $9.6M |
| Gross Margin | — | 54.3% |
| Operating Margin | 23.4% | 6.3% |
| Net Margin | 6.1% | 5.1% |
| Revenue YoY | 1.8% | 1.9% |
| Net Profit YoY | -16.3% | 89.8% |
| EPS (diluted) | $0.08 | $0.42 |
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 | $186.1M | ||
| Q3 25 | $109.6M | $161.8M | ||
| Q2 25 | $107.9M | $131.8M | ||
| Q1 25 | $108.6M | $181.5M | ||
| Q4 24 | $113.5M | $180.5M | ||
| Q3 24 | $122.8M | $157.0M | ||
| Q2 24 | $110.9M | $134.4M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $9.6M | ||
| Q3 25 | $4.5M | $3.0M | ||
| Q2 25 | $5.5M | $1.4M | ||
| Q1 25 | $42.5M | $8.1M | ||
| Q4 24 | — | $4.8M | ||
| Q3 24 | $16.7M | $3.5M | ||
| Q2 24 | $11.9M | $2.0M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 54.3% | ||
| Q3 25 | 60.5% | 54.1% | ||
| Q2 25 | 62.6% | 54.1% | ||
| Q1 25 | 62.0% | 54.2% | ||
| Q4 24 | 61.3% | 53.5% | ||
| Q3 24 | 65.5% | 54.3% | ||
| Q2 24 | 63.6% | 54.3% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | 6.3% | ||
| Q3 25 | 22.6% | 2.5% | ||
| Q2 25 | 24.1% | 0.2% | ||
| Q1 25 | 66.3% | 5.1% | ||
| Q4 24 | 26.5% | 3.3% | ||
| Q3 24 | 30.8% | 1.7% | ||
| Q2 24 | 27.8% | 1.6% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | 4.1% | 1.8% | ||
| Q2 25 | 5.1% | 1.1% | ||
| Q1 25 | 39.2% | 4.4% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | 13.6% | 2.2% | ||
| Q2 24 | 10.7% | 1.5% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $0.42 | ||
| Q3 25 | $0.07 | $0.13 | ||
| Q2 25 | $0.09 | $0.06 | ||
| Q1 25 | $0.70 | $0.36 | ||
| Q4 24 | $0.14 | $0.21 | ||
| Q3 24 | $0.28 | $0.15 | ||
| Q2 24 | $0.20 | $0.09 |
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 | $183.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $497.5M |
| Total Assets | $2.9B | $751.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $183.9M | ||
| Q3 25 | $138.7M | $180.5M | ||
| Q2 25 | $143.7M | $203.1M | ||
| Q1 25 | $143.9M | $208.5M | ||
| Q4 24 | $425.7M | $181.5M | ||
| Q3 24 | $533.0M | $198.3M | ||
| Q2 24 | $114.9M | $225.4M |
| 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 | $497.5M | ||
| Q3 25 | $1.2B | $489.9M | ||
| Q2 25 | $1.2B | $493.2M | ||
| Q1 25 | $1.2B | $481.3M | ||
| Q4 24 | $1.2B | $491.3M | ||
| Q3 24 | $1.2B | $492.0M | ||
| Q2 24 | $1.2B | $489.6M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $751.9M | ||
| Q3 25 | $2.9B | $748.7M | ||
| Q2 25 | $3.0B | $747.2M | ||
| Q1 25 | $3.0B | $729.2M | ||
| Q4 24 | $3.3B | $747.2M | ||
| Q3 24 | $3.4B | $742.5M | ||
| Q2 24 | $3.0B | $736.0M |
| 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 | — | $12.3M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | 14.5% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | — | $35.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $12.3M | ||
| Q3 25 | $40.5M | $-3.8M | ||
| Q2 25 | $49.2M | $-7.2M | ||
| Q1 25 | $36.9M | $39.1M | ||
| Q4 24 | $207.1M | $-4.7M | ||
| Q3 24 | $52.4M | $-17.8M | ||
| Q2 24 | $59.3M | $-18.1M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $11.6M | ||
| Q3 25 | $23.1M | $-5.1M | ||
| Q2 25 | $28.4M | $-8.7M | ||
| Q1 25 | $20.4M | $37.5M | ||
| Q4 24 | $136.9M | $-7.2M | ||
| Q3 24 | $28.0M | $-20.1M | ||
| Q2 24 | $43.6M | $-19.7M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | 6.2% | ||
| Q3 25 | 21.1% | -3.1% | ||
| Q2 25 | 26.3% | -6.6% | ||
| Q1 25 | 18.8% | 20.7% | ||
| Q4 24 | 120.7% | -4.0% | ||
| Q3 24 | 22.8% | -12.8% | ||
| Q2 24 | 39.3% | -14.7% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 0.4% | ||
| Q3 25 | 15.9% | 0.8% | ||
| Q2 25 | 19.3% | 1.2% | ||
| Q1 25 | 15.1% | 0.9% | ||
| Q4 24 | 61.9% | 1.4% | ||
| Q3 24 | 19.9% | 1.5% | ||
| Q2 24 | 14.1% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.28× | ||
| Q3 25 | 8.98× | -1.27× | ||
| Q2 25 | 9.01× | -5.08× | ||
| Q1 25 | 0.87× | 4.86× | ||
| Q4 24 | — | -0.98× | ||
| Q3 24 | 3.15× | -5.14× | ||
| Q2 24 | 4.98× | -8.97× |
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% |
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
