vs

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

PagerDuty, Inc. is the larger business by last-quarter revenue ($124.5M vs $110.6M, roughly 1.1× American Assets Trust, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 6.1%, a 123.6% gap on every dollar of revenue. On growth, PagerDuty, Inc. posted the faster year-over-year revenue change (4.7% vs 1.8%). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% 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.

PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.

AAT vs PD — Head-to-Head

Bigger by revenue
PD
PD
1.1× larger
PD
$124.5M
$110.6M
AAT
Growing faster (revenue YoY)
PD
PD
+2.9% gap
PD
4.7%
1.8%
AAT
Higher net margin
PD
PD
123.6% more per $
PD
129.7%
6.1%
AAT
Faster 2-yr revenue CAGR
PD
PD
Annualised
PD
5.9%
-0.1%
AAT

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
AAT
AAT
PD
PD
Revenue
$110.6M
$124.5M
Net Profit
$6.7M
$161.6M
Gross Margin
85.3%
Operating Margin
23.4%
6.5%
Net Margin
6.1%
129.7%
Revenue YoY
1.8%
4.7%
Net Profit YoY
-16.3%
2827.7%
EPS (diluted)
$0.08
$1.69

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
PD
PD
Q1 26
$110.6M
Q4 25
$110.1M
$124.5M
Q3 25
$109.6M
$123.4M
Q2 25
$107.9M
$119.8M
Q1 25
$108.6M
$121.4M
Q4 24
$113.5M
$118.9M
Q3 24
$122.8M
$115.9M
Q2 24
$110.9M
$111.2M
Net Profit
AAT
AAT
PD
PD
Q1 26
$6.7M
Q4 25
$161.6M
Q3 25
$4.5M
$9.6M
Q2 25
$5.5M
$-7.2M
Q1 25
$42.5M
$-8.8M
Q4 24
$-5.9M
Q3 24
$16.7M
$-10.9M
Q2 24
$11.9M
$-17.1M
Gross Margin
AAT
AAT
PD
PD
Q1 26
Q4 25
59.4%
85.3%
Q3 25
60.5%
84.6%
Q2 25
62.6%
84.0%
Q1 25
62.0%
83.6%
Q4 24
61.3%
83.0%
Q3 24
65.5%
82.7%
Q2 24
63.6%
82.6%
Operating Margin
AAT
AAT
PD
PD
Q1 26
23.4%
Q4 25
21.1%
6.5%
Q3 25
22.6%
2.9%
Q2 25
24.1%
-8.6%
Q1 25
66.3%
-9.6%
Q4 24
26.5%
-8.7%
Q3 24
30.8%
-13.8%
Q2 24
27.8%
-19.5%
Net Margin
AAT
AAT
PD
PD
Q1 26
6.1%
Q4 25
129.7%
Q3 25
4.1%
7.8%
Q2 25
5.1%
-6.0%
Q1 25
39.2%
-7.2%
Q4 24
-5.0%
Q3 24
13.6%
-9.4%
Q2 24
10.7%
-15.4%
EPS (diluted)
AAT
AAT
PD
PD
Q1 26
$0.08
Q4 25
$0.06
$1.69
Q3 25
$0.07
$0.10
Q2 25
$0.09
$-0.07
Q1 25
$0.70
$-0.12
Q4 24
$0.14
$-0.07
Q3 24
$0.28
$-0.14
Q2 24
$0.20
$-0.26

Balance Sheet & Financial Strength

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

Metric
AAT
AAT
PD
PD
Cash + ST InvestmentsLiquidity on hand
$118.3M
$547.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$320.5M
Total Assets
$2.9B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
PD
PD
Q1 26
$118.3M
Q4 25
$129.4M
$547.8M
Q3 25
$138.7M
$567.9M
Q2 25
$143.7M
$597.1M
Q1 25
$143.9M
$570.8M
Q4 24
$425.7M
$542.2M
Q3 24
$533.0M
$599.3M
Q2 24
$114.9M
$592.8M
Total Debt
AAT
AAT
PD
PD
Q1 26
Q4 25
$1.7B
Q3 25
Q2 25
Q1 25
$484.5M
Q4 24
$2.0B
Q3 24
Q2 24
Stockholders' Equity
AAT
AAT
PD
PD
Q1 26
$1.1B
Q4 25
$1.2B
$320.5M
Q3 25
$1.2B
$180.7M
Q2 25
$1.2B
$145.7M
Q1 25
$1.2B
$129.8M
Q4 24
$1.2B
$111.6M
Q3 24
$1.2B
$164.7M
Q2 24
$1.2B
$174.0M
Total Assets
AAT
AAT
PD
PD
Q1 26
$2.9B
Q4 25
$2.9B
$1.0B
Q3 25
$2.9B
$891.5M
Q2 25
$3.0B
$926.8M
Q1 25
$3.0B
$927.3M
Q4 24
$3.3B
$866.8M
Q3 24
$3.4B
$916.0M
Q2 24
$3.0B
$924.0M
Debt / Equity
AAT
AAT
PD
PD
Q1 26
Q4 25
1.48×
Q3 25
Q2 25
Q1 25
3.73×
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
AAT
AAT
PD
PD
Operating Cash FlowLast quarter
$24.8M
Free Cash FlowOCF − Capex
$24.1M
FCF MarginFCF / Revenue
19.3%
Capex IntensityCapex / Revenue
14.5%
0.6%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters
$117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
PD
PD
Q1 26
Q4 25
$167.1M
$24.8M
Q3 25
$40.5M
$34.0M
Q2 25
$49.2M
$30.7M
Q1 25
$36.9M
$31.4M
Q4 24
$207.1M
$22.1M
Q3 24
$52.4M
$35.8M
Q2 24
$59.3M
$28.6M
Free Cash Flow
AAT
AAT
PD
PD
Q1 26
Q4 25
$94.9M
$24.1M
Q3 25
$23.1M
$33.1M
Q2 25
$28.4M
$30.2M
Q1 25
$20.4M
$30.3M
Q4 24
$136.9M
$21.5M
Q3 24
$28.0M
$35.1M
Q2 24
$43.6M
$28.2M
FCF Margin
AAT
AAT
PD
PD
Q1 26
Q4 25
86.2%
19.3%
Q3 25
21.1%
26.8%
Q2 25
26.3%
25.2%
Q1 25
18.8%
24.9%
Q4 24
120.7%
18.1%
Q3 24
22.8%
30.3%
Q2 24
39.3%
25.4%
Capex Intensity
AAT
AAT
PD
PD
Q1 26
14.5%
Q4 25
65.6%
0.6%
Q3 25
15.9%
0.7%
Q2 25
19.3%
0.4%
Q1 25
15.1%
0.9%
Q4 24
61.9%
0.5%
Q3 24
19.9%
0.5%
Q2 24
14.1%
0.4%
Cash Conversion
AAT
AAT
PD
PD
Q1 26
Q4 25
0.15×
Q3 25
8.98×
3.55×
Q2 25
9.01×
Q1 25
0.87×
Q4 24
Q3 24
3.15×
Q2 24
4.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAT
AAT

Rental income$104.4M94%
Other$6.2M6%

PD
PD

US$88.8M71%
Non Us$35.7M29%

Related Comparisons