American Assets Trust vs Inventrust Properties
American Assets Trust is the larger business, with $436m of revenue in fiscal 2025 against $299m for Inventrust Properties (1.5 times as much). Inventrust Properties grew faster (9.2% against -4.7%). Inventrust Properties kept more of each dollar of sales as profit: a net margin of 37.2% against 12.8%. Inventrust Properties carries less debt relative to equity (46.0% against 147.7%).
| Latest fiscal year | American Assets TrustAAT, 2025 | Inventrust PropertiesIVT, 2025 |
|---|---|---|
| Revenue | $436m | $299m |
| Revenue growth | -4.7% | 9.2% |
| Net income | $55.6m | $111m |
| Operating margin | 33.5% | 20.1% |
| Net margin | 12.8% | 37.2% |
| Return on equity | 4.8% | 6.3% |
| Free cash flow | $94.9m | $111m |
| Cash | $129m | $40.5m |
| Total debt | $1.70bn | $826m |
| Debt to equity | 147.7% | 46.0% |
| Dividend per share | $1.36 | $0.95 |
| Dividend yield | 7.8% | 3.1% |
| Share buybacks | — | — |
| Employees | 232 | 103 |
| Market value | $1.33bn | $2.42bn |
| Price vs our value range | — | — |
| Moat score | 76 (Strong) | 40 (Weak) |
| Insider trades, 12 months | 48 buys, 0 sales | 0 buys, 0 sales |