American Assets (AAT) vs Blackstone Mortgage (BXMT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
American Assets (AAT) has outperformed Blackstone Mortgage (BXMT) over the past year, gaining 7.2% versus a loss of 38.9%. Over five years, AAT leads with a -45.7% price change compared with -65.2% for BXMT. Blackstone Mortgage is the larger company by market cap ($1.88 billion vs $1.66 billion), about 1.1 times the size.
On valuation, American Assets trades at a lower trailing P/E (73.9x vs 139.1x for Blackstone Mortgage). Blackstone Mortgage offers the higher dividend yield (16.90% vs 6.35%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AAT | BXMT |
|---|---|---|
| Share price | $21.43 | $11.13 |
| Market cap | $1.66B | $1.88B |
| 1-day change | -0.16% | -0.67% |
| YTD return | +13.37% | -41.45% |
| 1-year return | +7.25% | -38.93% |
| 5-year return | -45.67% | -65.20% |
| P/E ratio (TTM) | 73.88 | 139.06 |
| Forward P/E | — | 7.49 |
| EPS (TTM) | $0.29 | $0.08 |
| Dividend yield | 6.35% | 16.90% |
| Annual dividend | $1.36 | $1.88 |
| 52-week high | $25.97 | $20.67 |
| 52-week low | $17.72 | $10.78 |
| Distance from 52-week high | -17.50% | -46.18% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | +9.68% | +69.53% |
| Average volume | 437.49K | 2.47M |
| Shares outstanding | 61.40M | 168.54M |
| Employees | 232 | — |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AAT has outperformed BXMT by 46.2 percentage points over the past year.
- Blackstone Mortgage trades at a higher earnings multiple (139.1x vs 73.9x trailing P/E).
- Blackstone Mortgage offers a meaningfully higher dividend yield (16.90% vs 6.35%).
About American Assets
AAT stock →American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust.
Real Estate · Real Estate Investment Trusts · 232 employees
About Blackstone Mortgage
BXMT stock →Blackstone Mortgage Trust, Inc., a real estate finance company, originates, acquires, and manages loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate. The company's investment portfolio consists of senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets.
Real Estate · Real Estate Investment Trusts
AAT vs BXMT FAQ
Which is bigger, American Assets or Blackstone Mortgage?
Blackstone Mortgage (BXMT) is larger, with a market capitalization of $1.88B compared with $1.66B for American Assets (AAT).
Which stock has performed better over the past year, AAT or BXMT?
AAT returned +7.25% over the past 12 months, compared with -38.93% for BXMT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AAT or BXMT?
AAT has the lower trailing P/E at 73.9, versus 139.1 for BXMT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, American Assets or Blackstone Mortgage?
Blackstone Mortgage has the higher yield at 16.90%, compared with 6.35% for American Assets.
Are American Assets and Blackstone Mortgage in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.