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AIV vs WELL
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Healthcare Facilities
AIV vs WELL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Residential | REIT - Healthcare Facilities |
| Market Cap | $604M | $149.25B |
| Revenue (TTM) | $193M | $11.63B |
| Net Income (TTM) | $554M | $1.43B |
| Gross Margin | 55.2% | 39.1% |
| Operating Margin | 66.3% | 4.4% |
| Forward P/E | 1.1x | 78.4x |
| Total Debt | $0.00 | $21.38B |
| Cash & Equiv. | $395M | $5.03B |
AIV vs WELL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Apartment Investmen… (AIV) | 100 | 87.8 | -12.2% |
| Welltower Inc. (WELL) | 100 | 420.4 | +320.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AIV vs WELL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AIV carries the broadest edge in this set and is the clearest fit for value and quality.
- Lower P/E (1.1x vs 78.4x)
- 287.7% margin vs WELL's 12.3%
- 68.4% yield, 1-year raise streak, vs WELL's 1.3%
WELL is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.13, yield 1.3%
- Rev growth 35.8%, EPS growth -11.5%, 3Y rev CAGR 22.7%
- 223.1% 10Y total return vs AIV's 85.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.8% FFO/revenue growth vs AIV's -100.0% | |
| Value | Lower P/E (1.1x vs 78.4x) | |
| Quality / Margins | 287.7% margin vs WELL's 12.3% | |
| Stability / Safety | Beta 0.13 vs AIV's 0.69 | |
| Dividends | 68.4% yield, 1-year raise streak, vs WELL's 1.3% | |
| Momentum (1Y) | +42.7% vs AIV's -1.4% | |
| Efficiency (ROA) | 29.6% ROA vs WELL's 2.3%, ROIC 4.2% vs 0.5% |
AIV vs WELL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
AIV vs WELL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
AIV leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WELL is the larger business by revenue, generating $11.6B annually — 60.4x AIV's $193M. Profitability is closely matched — net margins range from 2.9% (AIV) to 12.3% (WELL). On growth, WELL holds the edge at +40.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $193M | $11.6B |
| EBITDAEarnings before interest/tax | $186M | $2.8B |
| Net IncomeAfter-tax profit | $554M | $1.4B |
| Free Cash FlowCash after capex | -$230M | $2.5B |
| Gross MarginGross profit ÷ Revenue | +55.2% | +39.1% |
| Operating MarginEBIT ÷ Revenue | +66.3% | +4.4% |
| Net MarginNet income ÷ Revenue | +2.9% | +12.3% |
| FCF MarginFCF ÷ Revenue | -119.5% | +21.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -3.4% | +40.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +25.9% | +22.5% |
Valuation Metrics
AIV leads this category, winning 3 of 3 comparable metrics.
Valuation Metrics
At 1.1x trailing earnings, AIV trades at a 99% valuation discount to WELL's 153.3x P/E. On an enterprise value basis, AIV's 2.1x EV/EBITDA is more attractive than WELL's 66.4x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $604M | $149.2B |
| Enterprise ValueMkt cap + debt − cash | $209M | $165.6B |
| Trailing P/EPrice ÷ TTM EPS | 1.11x | 153.25x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 78.42x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 2.09x | 66.40x |
| Price / SalesMarket cap ÷ Revenue | — | 13.99x |
| Price / BookPrice ÷ Book value/share | 1.17x | 3.35x |
| Price / FCFMarket cap ÷ FCF | — | 52.41x |
Profitability & Efficiency
AIV leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
AIV delivers a 162.9% return on equity — every $100 of shareholder capital generates $163 in annual profit, vs $3 for WELL. On the Piotroski fundamental quality scale (0–9), WELL scores 7/9 vs AIV's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +162.9% | +3.5% |
| ROA (TTM)Return on assets | +29.6% | +2.3% |
| ROICReturn on invested capital | +4.2% | +0.5% |
| ROCEReturn on capital employed | +2.3% | +0.6% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 7 |
| Debt / EquityFinancial leverage | — | 0.49x |
| Net DebtTotal debt minus cash | -$395M | $16.3B |
| Cash & Equiv.Liquid assets | $395M | $5.0B |
| Total DebtShort + long-term debt | $0 | $21.4B |
| Interest CoverageEBIT ÷ Interest expense | 0.70x | 0.26x |
Total Returns (Dividends Reinvested)
WELL leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WELL five years ago would be worth $30,234 today (with dividends reinvested), compared to $12,353 for AIV. Over the past 12 months, WELL leads with a +42.7% total return vs AIV's -1.4%. The 3-year compound annual growth rate (CAGR) favors WELL at 42.5% vs AIV's 1.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -2.4% | +14.3% |
| 1-Year ReturnPast 12 months | -1.4% | +42.7% |
| 3-Year ReturnCumulative with dividends | +5.1% | +189.5% |
| 5-Year ReturnCumulative with dividends | +23.5% | +202.3% |
| 10-Year ReturnCumulative with dividends | +85.0% | +223.1% |
| CAGR (3Y)Annualised 3-year return | +1.7% | +42.5% |
Risk & Volatility
WELL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WELL is the less volatile stock with a 0.13 beta — it tends to amplify market swings less than AIV's 0.69 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WELL currently trades 97.0% from its 52-week high vs AIV's 48.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.69x | 0.13x |
| 52-Week HighHighest price in past year | $8.87 | $219.59 |
| 52-Week LowLowest price in past year | $3.94 | $142.65 |
| % of 52W HighCurrent price vs 52-week peak | +48.6% | +97.0% |
| RSI (14)Momentum oscillator 0–100 | 50.1 | 60.2 |
| Avg Volume (50D)Average daily shares traded | 2.9M | 2.6M |
Analyst Outlook
Evenly matched — AIV and WELL each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates AIV as "Hold" and WELL as "Buy". Consensus price targets imply 132.0% upside for AIV (target: $10) vs 6.3% for WELL (target: $227). For income investors, AIV offers the higher dividend yield at 68.35% vs WELL's 1.30%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $10.00 | $226.50 |
| # AnalystsCovering analysts | 3 | 34 |
| Dividend YieldAnnual dividend ÷ price | +68.4% | +1.3% |
| Dividend StreakConsecutive years of raises | 1 | 2 |
| Dividend / ShareAnnual DPS | $2.95 | $2.76 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | 0.0% |
AIV leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). WELL leads in 2 (Total Returns, Risk & Volatility). 1 tied.
AIV vs WELL: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is AIV or WELL a better buy right now?
For growth investors, Welltower Inc.
(WELL) is the stronger pick with 35. 8% revenue growth year-over-year, versus -100. 0% for Apartment Investment and Management Company (AIV). Apartment Investment and Management Company (AIV) offers the better valuation at 1. 1x trailing P/E, making it the more compelling value choice. Analysts rate Welltower Inc. (WELL) a "Buy" — based on 34 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — AIV or WELL?
On trailing P/E, Apartment Investment and Management Company (AIV) is the cheapest at 1.
1x versus Welltower Inc. at 153. 3x.
03Which is the better long-term investment — AIV or WELL?
Over the past 5 years, Welltower Inc.
(WELL) delivered a total return of +202. 3%, compared to +23. 5% for Apartment Investment and Management Company (AIV). Over 10 years, the gap is even starker: WELL returned +223. 1% versus AIV's +85. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AIV or WELL?
By beta (market sensitivity over 5 years), Welltower Inc.
(WELL) is the lower-risk stock at 0. 13β versus Apartment Investment and Management Company's 0. 69β — meaning AIV is approximately 416% more volatile than WELL relative to the S&P 500.
05Which is growing faster — AIV or WELL?
By revenue growth (latest reported year), Welltower Inc.
(WELL) is pulling ahead at 35. 8% versus -100. 0% for Apartment Investment and Management Company (AIV). On earnings-per-share growth, the picture is similar: Apartment Investment and Management Company grew EPS 623. 0% year-over-year, compared to -11. 5% for Welltower Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — AIV or WELL?
Apartment Investment and Management Company (AIV) is the more profitable company, earning 287.
7% net margin versus 8. 8% for Welltower Inc. — meaning it keeps 287. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AIV leads at 66. 3% versus 3. 3% for WELL. At the gross margin level — before operating expenses — AIV leads at 55. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is AIV or WELL more undervalued right now?
Analyst consensus price targets imply the most upside for AIV: 132.
0% to $10. 00.
08Which pays a better dividend — AIV or WELL?
All stocks in this comparison pay dividends.
Apartment Investment and Management Company (AIV) offers the highest yield at 68. 4%, versus 1. 3% for Welltower Inc. (WELL).
09Is AIV or WELL better for a retirement portfolio?
For long-horizon retirement investors, Welltower Inc.
(WELL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 13), 1. 3% yield, +223. 1% 10Y return). Both have compounded well over 10 years (WELL: +223. 1%, AIV: +85. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between AIV and WELL?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AIV is a small-cap deep-value stock; WELL is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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