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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and Urban Edge Properties (UE). Click either name above to swap in a different company.
Urban Edge Properties is the larger business by last-quarter revenue ($132.6M vs $110.6M, roughly 1.2× American Assets Trust, Inc.). Urban Edge Properties runs the higher net margin — 17.1% vs 6.1%, a 11.0% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs 1.8%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% 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.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
AAT vs UE — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $110.6M | $132.6M |
| Net Profit | $6.7M | $22.6M |
| Gross Margin | — | — |
| Operating Margin | 23.4% | — |
| Net Margin | 6.1% | 17.1% |
| Revenue YoY | 1.8% | 12.2% |
| Net Profit YoY | -16.3% | -6.7% |
| EPS (diluted) | $0.08 | $0.18 |
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 | $132.6M | ||
| Q4 25 | $110.1M | $119.6M | ||
| Q3 25 | $109.6M | $120.1M | ||
| Q2 25 | $107.9M | $114.1M | ||
| Q1 25 | $108.6M | $118.2M | ||
| Q4 24 | $113.5M | $116.4M | ||
| Q3 24 | $122.8M | $112.4M | ||
| Q2 24 | $110.9M | $106.5M |
| Q1 26 | $6.7M | $22.6M | ||
| Q4 25 | — | $12.4M | ||
| Q3 25 | $4.5M | $14.9M | ||
| Q2 25 | $5.5M | $58.0M | ||
| Q1 25 | $42.5M | $8.2M | ||
| Q4 24 | — | $30.1M | ||
| Q3 24 | $16.7M | $9.1M | ||
| Q2 24 | $11.9M | $30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | — | ||
| Q3 25 | 60.5% | — | ||
| Q2 25 | 62.6% | — | ||
| Q1 25 | 62.0% | — | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 65.5% | — | ||
| Q2 24 | 63.6% | — |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | 11.3% | ||
| Q3 25 | 22.6% | 13.4% | ||
| Q2 25 | 24.1% | 53.9% | ||
| Q1 25 | 66.3% | 7.6% | ||
| Q4 24 | 26.5% | 27.6% | ||
| Q3 24 | 30.8% | 8.9% | ||
| Q2 24 | 27.8% | 30.6% |
| Q1 26 | 6.1% | 17.1% | ||
| Q4 25 | — | 10.4% | ||
| Q3 25 | 4.1% | 12.4% | ||
| Q2 25 | 5.1% | 50.8% | ||
| Q1 25 | 39.2% | 6.9% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | 13.6% | 8.1% | ||
| Q2 24 | 10.7% | 28.9% |
| Q1 26 | $0.08 | $0.18 | ||
| Q4 25 | $0.06 | $0.09 | ||
| Q3 25 | $0.07 | $0.12 | ||
| Q2 25 | $0.09 | $0.46 | ||
| Q1 25 | $0.70 | $0.07 | ||
| Q4 24 | $0.14 | $0.25 | ||
| Q3 24 | $0.28 | $0.07 | ||
| 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 | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $50.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $1.4B |
| Total Assets | $2.9B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | $50.0M | ||
| Q4 25 | $129.4M | $48.9M | ||
| Q3 25 | $138.7M | $77.8M | ||
| Q2 25 | $143.7M | $53.0M | ||
| Q1 25 | $143.9M | $48.0M | ||
| Q4 24 | $425.7M | $41.4M | ||
| Q3 24 | $533.0M | $67.9M | ||
| Q2 24 | $114.9M | $78.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | $1.4B | ||
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
| Q1 26 | $2.9B | $3.4B | ||
| Q4 25 | $2.9B | $3.3B | ||
| Q3 25 | $2.9B | $3.3B | ||
| Q2 25 | $3.0B | $3.3B | ||
| Q1 25 | $3.0B | $3.3B | ||
| Q4 24 | $3.3B | $3.3B | ||
| Q3 24 | $3.4B | $3.2B | ||
| Q2 24 | $3.0B | $3.2B |
| 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 | — | $39.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 14.5% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $167.1M | $182.7M | ||
| Q3 25 | $40.5M | $55.7M | ||
| Q2 25 | $49.2M | $43.5M | ||
| Q1 25 | $36.9M | $32.6M | ||
| Q4 24 | $207.1M | $153.2M | ||
| Q3 24 | $52.4M | $36.6M | ||
| Q2 24 | $59.3M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $81.8M | ||
| Q3 25 | $23.1M | $26.1M | ||
| Q2 25 | $28.4M | $19.6M | ||
| Q1 25 | $20.4M | $11.9M | ||
| Q4 24 | $136.9M | $42.5M | ||
| Q3 24 | $28.0M | $12.2M | ||
| Q2 24 | $43.6M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | 68.4% | ||
| Q3 25 | 21.1% | 21.7% | ||
| Q2 25 | 26.3% | 17.2% | ||
| Q1 25 | 18.8% | 10.0% | ||
| Q4 24 | 120.7% | 36.6% | ||
| Q3 24 | 22.8% | 10.8% | ||
| Q2 24 | 39.3% | 18.6% |
| Q1 26 | 14.5% | 1.5% | ||
| Q4 25 | 65.6% | 84.4% | ||
| Q3 25 | 15.9% | 24.6% | ||
| Q2 25 | 19.3% | 20.9% | ||
| Q1 25 | 15.1% | 17.5% | ||
| Q4 24 | 61.9% | 95.1% | ||
| Q3 24 | 19.9% | 21.7% | ||
| Q2 24 | 14.1% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | — | 14.71× | ||
| Q3 25 | 8.98× | 3.73× | ||
| Q2 25 | 9.01× | 0.75× | ||
| Q1 25 | 0.87× | 3.97× | ||
| Q4 24 | — | 5.09× | ||
| Q3 24 | 3.15× | 4.03× | ||
| Q2 24 | 4.98× | 1.34× |
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% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |