Filing Flows › Comparisons › LTC vs AAT
LTC Properties vs American Assets Trust: LTC and AAT compared
LTC Properties is the larger company: $115M of revenue in its latest quarter (Q3 2026) against $111M for American Assets Trust (Q1 2026). LTC Properties is growing faster (+66% against +2% a year earlier). LTC Properties is more profitable, with an operating margin of 54.2% against 23.4%.
Where the money goes: LTC and AAT
LTC Properties (LTC) · Q3 2026
LTC Properties, Q3 2026: revenue $115M (+66% year over year), operating margin 54.2%, net earnings $348M, operating cash flow $41.3M. The chart follows the revenue to costs, profit and cash.
American Assets Trust (AAT) · Q1 2026
American Assets Trust, Q1 2026: revenue $111M (+2% year over year), operating margin 23.4%, net earnings $5.1M, operating cash flow $38.6M. The chart follows the revenue to costs, profit and cash.
| LTC Properties (LTC) | American Assets Trust (AAT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 2026 |
| Revenue | $115M | $111M |
| Revenue growth, Y/Y | +66% | +2% |
| Gross margin | — | 60.5% |
| Operating margin | 54.2% | 23.4% |
| Net earnings | $348M | $5.1M |
| Net margin | 302.1% | 4.6% |
| Operating cash flow | $41.3M | $38.6M |
| Free cash flow | $36.6M | $18.2M |
Where the revenue comes from
American Assets Trust
- Office: $52.4M (47%)
- Retail: $23.3M (21%)
- Multifamily: $18.2M (16%)
- Mixed-use: $16.7M (15%)
Questions
Which is bigger, LTC Properties or American Assets Trust?
LTC Properties is the larger company: $115M of revenue in its latest quarter (Q3 2026) against $111M for American Assets Trust (Q1 2026).
Is LTC Properties or American Assets Trust growing faster?
LTC Properties is growing faster (+66% against +2% a year earlier).
Which is more profitable, LTC Properties or American Assets Trust?
LTC Properties is more profitable, with an operating margin of 54.2% against 23.4%.
More: LTC Properties earnings · how LTC Properties makes money · American Assets Trust earnings · how American Assets Trust makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed May 1, 2026). Fiscal quarters can end on different dates. Not investment advice.