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6Mar 30, 2026·SEC
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Mar 2, 2026·SEC
Apartment Investment and Management Company (AIV) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Apartment Investment and Management Company (AIV) stock price & volume — 10-year historical chart
Apartment Investment and Management Company (AIV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Apartment Investment and Management Company (AIV) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 14, 2026 | $0.10 | — |
| Q2 2026 | Mar 2, 2026 | $1.06vs $0.11+1063.6% | $35Mvs $57M-38.9% |
| Q4 2025 | Nov 10, 2025 | $0.60vs $0.11-445.5% | $35Mvs $56M-37.4% |
| Q3 2025 | Aug 11, 2025 | $0.14vs $0.11-27.3% | $53Mvs $55M-3.4% |
Apartment Investment and Management Company (AIV) competitors in Value-add and redevelopment apartments — business model, growth, and fundamentals comparison
Apartment Investment and Management Company (AIV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Apartment Investment and Management Company (AIV) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.01B | 132.16M | 144.63M | 151.45M | 169.84M | 190.34M | 187M | 208.68M | 138.49M | 141.16M |
Revenue Growth % | 0.96% | -86.86% | 9.43% | 4.72% | 12.14% | 12.08% | -1.76% | 11.6% | -33.64% | -22.69% |
Property Operating Expenses | 720.77M | 53.55M | 57.54M | 61.51M | 67.61M | 71.79M | 73.71M | 90.98M | 184.91M | 57.25M |
Net Operating Income (NOI) | 284.67M▲ 0% | 78.61M▼ 72.4% | 87.09M▲ 10.8% | 89.94M▲ 3.3% | 102.22M▲ 13.7% | 118.55M▲ 16.0% | 113.28M▼ 4.4% | 117.69M▲ 3.9% | -46.42M▼ 139.4% | 102.72M▲ 0% |
NOI Margin % | 28.31% | 59.48% | 60.21% | 59.38% | 60.19% | 62.28% | 60.58% | 56.4% | -33.52% | 72.77% |
Operating Expenses | 54.8M | 55.14M | 7.06M | 89.94M | 117.86M | 198.64M | 101.7M | 119.2M | -17.19M | 84.92M |
G&A Expenses | 0 | 5.77M | 7.06M | 10.47M | 33.15M | 39.67M | 32.87M | 32.84M | 34.03M | 34.02M |
EBITDA | 1.14B | 780.12M | 144.05M | 89.56M | 69.07M | 78.88M | 80.42M | 84.86M | 29.04M | 40.28M |
EBITDA Margin % | 113.56% | 590.27% | 99.6% | 59.13% | 40.67% | 41.44% | 43.01% | 40.66% | 20.97% | 28.53% |
Depreciation & Amortization | 775.57M | 756.65M | 64.03M | 77.97M | 84.71M | 158.97M | 68.83M | 86.36M | 58.28M | 58M |
D&A / Revenue % | 77.14% | 572.52% | 44.27% | 51.48% | 49.88% | 83.52% | 36.81% | 41.38% | 42.08% | 41.08% |
Operating Income | 366.18M▲ 0% | 23.47M▼ 93.6% | 80.02M▲ 241.0% | 0▼ 100.0% | -15.64M▲ 0% | -80.09M▼ 412.1% | 11.58M▲ 114.5% | -1.5M▼ 113.0% | -29.23M▼ 1847.6% | -22.79M▲ 0% |
Operating Margin % | 36.42% | 17.76% | 55.33% | 0% | -9.21% | -42.08% | 6.19% | -0.72% | -21.11% | -16.14% |
Interest Expense | 194.62M | 19.64M | 18.6M | 27.51M | 52.9M | 73.84M | 37.72M | 70.06M | 59.43M | 2M |
Interest Coverage | 1.18x | 1.19x | 0.86x | 0.42x | 0.65x | 2.48x | -3.51x | -0.53x | 0.73x | - |
Non-Operating Income | 136.32M | 155K | 64.03M | -11.59M | -49.99M | -263.35M | 143.94M | 35.51M | -72.81M | -64.81M |
Pretax Income | 596.05M▲ 0% | 3.67M▼ 99.4% | -3.19M▼ 186.8% | -15.92M▼ 399.4% | -18.55M▼ 16.5% | 109.42M▲ 689.9% | -170.07M▼ 255.4% | -107.07M▲ 37.0% | -15.85M▲ 85.2% | -10.18M▲ 0% |
Pretax Margin % | 59.28% | 2.78% | -2.2% | -10.51% | -10.92% | 57.49% | -90.95% | -51.31% | -11.44% | -7.21% |
Income Tax | 229.86M | 261K | -3.3M | -10.15M | -13.57M | 17.26M | -12.75M | -11.07M | -57.59M | -57.42M |
Effective Tax Rate % | 38.56% | 7.11% | 103.54% | 63.75% | 73.15% | 15.78% | 7.5% | 10.34% | 363.42% | 564.04% |
Net Income | 316.24M▲ 0% | 3.24M▼ 99.0% | 304K▼ 90.6% | -5.04M▼ 1758.2% | -5.91M▼ 17.2% | 75.73M▲ 1381.3% | -166.2M▼ 319.5% | -102.47M▲ 38.3% | 546.68M▲ 633.5% | 262.86M▲ 0% |
Net Margin % | 31.45% | 2.45% | 0.21% | -3.33% | -3.48% | 39.78% | -88.88% | -49.1% | 394.76% | 186.21% |
Net Income Growth % | 392.02% | -98.97% | -90.63% | -1758.22% | -17.24% | 1381.32% | -319.47% | 38.35% | 633.51% | 241.42% |
Funds From Operations (FFO) | 1.09B▲ 0% | 759.9M▼ 30.4% | 64.33M▼ 91.5% | 72.92M▲ 13.4% | 78.8M▲ 8.1% | 234.69M▲ 197.8% | -97.36M▼ 141.5% | -16.11M▲ 83.5% | 604.96M▲ 3855.4% | 325.93M▲ 0% |
FFO Margin % | 108.59% | 574.97% | 44.48% | 48.15% | 46.4% | 123.3% | -52.07% | -7.72% | 436.84% | 230.89% |
FFO Growth % | 34.25% | -30.4% | -91.53% | 13.35% | 8.06% | 197.83% | -141.48% | 83.45% | 3855.42% | 56762.99% |
FFO per Share | 7.10 | 5.10 | 0.54 | 0.49 | 0.53 | 1.56 | -0.68 | -0.12 | 4.29 | 2.38 |
FFO Payout Ratio % | 21.43% | 32.39% | 0% | 0% | 0% | 1.3% | 0% | 0% | 68.69% | 100.43% |
EPS (Diluted) | 2.06▲ 0% | 0.02▼ 98.9% | 0.00▼ 88.5% | -0.04▼ 1652.0% | -0.03▲ 14.2% | 0.49▲ 1571.5% | -1.16▼ 336.7% | -0.74▲ 36.2% | 3.87▲ 623.0% | 1.92▲ 0% |
EPS Growth % | 390.48% | -98.94% | -88.53% | - | 14.18% | 1571.47% | -336.73% | 36.21% | 622.97% | 235.56% |
EPS (Basic) | 2.06 | 0.02 | 0.00 | -0.04 | -0.03 | 0.50 | -1.16 | -0.74 | 3.95 | - |
Diluted Shares Outstanding | 153.8M | 148.87M | 119.99M | 148.57M | 149.48M | 150.83M | 143.62M | 138.5M | 141.06M | 136.9M |
Apartment Investment and Management Company (AIV) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 6.08B | 246.34M | 1.26B | 1.84B | 2.43B | 2.18B | 2.09B | 1.96B | 1.68B | 1.43B |
Asset Growth % | 1654.32% | -95.95% | 411.53% | 46.06% | 32.25% | -10.39% | -4.21% | -6.34% | -14.37% | -46.47% |
Real Estate & Other Assets | -336.81M | -320.82M | 938.32M | 1.04B | 1.28B | 1.52B | 1.65B | 1.26B | -986.96M | 1.06B |
PP&E (Net) | 20.05M | 18.31M | 0 | 105.57M | 439.62M | 118.64M | 119.66M | 117.56M | 106.44M | 0 |
Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Total Current Assets | 189.1M | 139.22M | 15.42M | 356.12M | 310.44M | 290.5M | 217.29M | 529.8M | 394.89M | 327.29M |
Cash & Equivalents | 142.54M | 72.59M | 5.4M | 289.58M | 233.37M | 206.46M | 122.6M | 141.07M | 394.89M | 224.33M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Other Current Assets | 6.08B | 6.29B | 4.72M | -4.19M | -9.31M | 5.94M | 16.67M | 307.45M | -133.72M | 0 |
Intangible Assets | 0 | 23.93M | 13.38M | 7.26M | 3.27M | 14.16M | 13.49M | 13.15M | 12.26M | 0 |
Total Liabilities | 4.32B | 4.49B | 741.85M | 1.28B | 1.84B | 1.39B | 1.5B | 1.64B | 1.12B | 727.94M |
Total Debt | 302.52M | 87.62M | 558.93M | 1.07B | 1.62B | 1.16B | 1.27B | 1.2B | 870.67M | 470.45M |
Net Debt | 159.98M | 15.02M | 553.53M | 779.29M | 1.38B | 956.36M | 1.14B | 1.05B | 475.78M | 246.12M |
Long-Term Debt | 3.84B | 3.83B | 558.93M | 982.09M | 1.18B | 1.05B | 1.15B | 1.07B | 502.28M | 458.77M |
Short-Term Borrowings | 250M | 246.34M | 0 | 9.85M | 0 | 2.9M | 3.92M | 161.66M | 122.95M | 470.45M |
Capital Lease Obligations | 0 | 0 | 0 | 86.78M | 435.09M | 114.63M | 118.7M | 121.84M | 245.43M | 505.18M |
Total Current Liabilities | 576.49M | 414.92M | 34.69M | 76.7M | 97.4M | 106.6M | 121.14M | 350.65M | 122.95M | 470.45M |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66.33M |
Deferred Revenue | 12.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | -527.05M | -67.06M | 0 | 0 | 0 | 0 | 0 | 0 | 252.18M | 187.74M |
Total Equity | 10.03B▲ 0% | 10.19B▲ 1.7% | 518.28M▼ 94.9% | 563.35M▲ 8.7% | 596.03M▲ 5.8% | 792.18M▲ 32.9% | 591.61M▼ 25.3% | 312.3M▼ 47.2% | 552.88M▲ 77.0% | 756.09M▲ 0% |
Equity Growth % | 0.39% | 1.67% | -94.92% | 8.7% | 5.8% | 32.91% | -25.32% | -47.21% | 77.04% | 138.88% |
Shareholders Equity | 6.08B | 6.19B | 513.26M | 499.78M | 500.56M | 547.85M | 349.65M | 122.96M | 361.85M | 705.9M |
Minority Interest | 3.95B | 4B | 5.02M | 63.58M | 95.46M | 244.33M | 241.96M | 189.34M | 191.03M | 50.19M |
Common Stock | 1.57M | 1.49M | 513.26M | 1.49M | 1.5M | 1.47M | 1.41M | 1.36M | 1.4M | 0 |
Additional Paid-in Capital | 0 | 0 | 0 | 515.13M | 521.84M | 496.48M | 464.54M | 425M | 429.14M | 0 |
Retained Earnings | 1.66B | 1.7B | 0 | -16.84M | -22.77M | 49.9M | -116.29M | -303.41M | -68.69M | 0 |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Return on Assets (ROA) | 9.84% | 0.1% | 0.04% | -0.33% | -0.28% | 3.28% | -7.78% | -5.06% | 30.1% | 15.15% |
Return on Equity (ROE) | 3.16% | 0.03% | 0.01% | -0.93% | -1.02% | 10.91% | -24.02% | -22.67% | 126.37% | 54.65% |
Debt / Assets | 4.98% | 35.57% | 44.36% | 58.08% | 66.39% | 53.31% | 60.61% | 61.41% | 51.96% | 32.81% |
Debt / Equity | 0.03x | 0.01x | 1.08x | 1.90x | 2.71x | 1.47x | 2.14x | 3.85x | 1.57x | 0.62x |
Net Debt / EBITDA | 0.14x | 0.02x | 3.84x | 8.70x | 20.02x | 12.12x | 14.22x | 12.39x | 16.38x | 6.11x |
Book Value per Share | 65.18 | 68.47 | 4.32 | 3.79 | 3.99 | 5.25 | 4.12 | 2.25 | 3.92 | 5.52 |
Apartment Investment and Management Company (AIV) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 392.07M | 53.49M | 57.93M | 47.85M | 12.59M | 204.23M | 50.47M | 46.98M | 8.09M | 8.09M |
Operating CF Growth % | 3.8% | -86.36% | 8.31% | -17.41% | -73.69% | 1522.69% | -75.29% | -6.9% | -82.78% | -1876.02% |
Operating CF / Revenue % | 39% | 40.47% | 40.05% | 31.59% | 7.41% | 107.3% | 26.99% | 22.51% | 5.84% | 5.73% |
Net Income | 315.45M | 3.41M | 304K | -5.77M | -4.98M | 92.16M | -157.32M | -96M | 592.97M | 262.86M |
Depreciation & Amortization | 366.18M | 49.38M | 64.03M | 77.97M | 84.71M | 158.97M | 68.83M | 86.36M | 58.28M | 53.91M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 5.27M | 7.47M | 9.22M | 6.49M | 5.9M | 5.9M |
Other Non-Cash Items | 489.43M | 647K | -5.51M | -11.1M | -36.53M | -45.11M | 148.64M | 62.08M | -595.19M | -581.55M |
Working Capital Changes | -31.24M | 732K | -893K | -3.1M | -22.31M | -26.52M | -6.15M | -873K | -10.26M | -5.54M |
Cash from Investing | -301.25M | -37.84M | -407.94M | -129.32M | -271.41M | -120.75M | -260.4M | 30.6M | 874.97M | 874.97M |
Acquisitions (Net) | -314.27M | -3.58M | 4.91M | 0 | 29.65M | -15.67M | -3.79M | 0 | 0 | 0 |
Purchase of Investments | -20.37M | -242.3M | -95.89M | 0 | -23.27M | -14.23M | -53.77M | 0 | 0 | 0 |
Sale of Investments | 402.41M | 713.86M | 0 | 0 | -29.65M | 16.47M | 54.73M | 0 | 0 | 0 |
Other Investing | -10.92M | -9.23M | -277.63M | -105.44M | -70.33M | 130.19M | 14.93M | 190.63M | 974.59M | 1.09B |
Cash from Financing | -79.43M | -15.92M | 355.33M | 370.09M | 204.67M | -98.29M | 119.43M | -43.9M | -648.82M | -648.82M |
Dividends Paid | -233.97M | -246.1M | 0 | 0 | 0 | -3.04M | 0 | 0 | -415.56M | -415.56M |
Common Dividends | -233.97M | 0 | 0 | 0 | 0 | -3.04M | 0 | 0 | -415.56M | -327.34M |
Debt Issuance (Net) | 0 | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K |
Share Repurchases | 0 | -373.59M | 0 | 0 | -76K | -23.49M | -47.92M | -39.93M | -904K | -798K |
Other Financing | 154.54M | -192.3M | 284.43M | 414.29M | 15.06M | 95.48M | 81.58M | -63.8M | -11.59M | -2.07M |
Net Change in Cash | 11.39M▲ 0% | -281K▼ 102.5% | -62.48M▼ 22133.1% | 288.62M▲ 562.0% | -54.15M▼ 118.8% | -14.82M▲ 72.6% | -90.5M▼ 510.8% | 33.69M▲ 137.2% | 234.24M▲ 595.3% | 234.24M▲ 0% |
Exchange Rate Effect | 0 | 0 | -67.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 131.15M | 5.09M | 72.59M | 10.12M | 298.74M | 244.58M | 229.77M | 139.27M | 172.96M | 172.96M |
Cash at End | 142.54M | 4.8M | 10.12M | 298.74M | 244.58M | 229.77M | 139.27M | 172.96M | 407.2M | 77.24M |
Free Cash Flow | 33.97M▲ 0% | 15.64M▼ 54.0% | 18.59M▲ 18.9% | 23.96M▲ 28.8% | -165.22M▼ 789.7% | -33.29M▲ 79.9% | -222.03M▼ 566.9% | -113.04M▲ 49.1% | -91.53M▲ 19.0% | -235.62M▲ 0% |
FCF Growth % | 9.3% | -53.95% | 18.88% | 28.84% | -789.66% | 79.85% | -566.94% | 49.09% | 19.03% | -56.81% |
FCF / Revenue % | 3.38% | 11.84% | 12.86% | 15.82% | -97.28% | -17.49% | -118.74% | -54.17% | -66.09% | -166.92% |
Apartment Investment and Management Company (AIV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
FFO per Share | 7.1 | 5.1 | 0.54 | 0.49 | 0.53 | 1.56 | -0.68 | -0.12 | 4.29 | 2.38 |
FFO Payout Ratio | 21.43% | 32.39% | 0% | 0% | 0% | 1.3% | 0% | 0% | 68.69% | 100.43% |
NOI Margin | 28.31% | 59.48% | 60.21% | 59.38% | 60.19% | 62.28% | 60.58% | 56.4% | -33.52% | 83.84% |
Net Debt / EBITDA | 0.14x | 0.02x | 3.84x | 8.70x | 20.02x | 12.12x | 14.22x | 12.39x | 16.38x | 6.11x |
Debt / Assets | 4.98% | 35.57% | 44.36% | 58.08% | 66.39% | 53.31% | 60.61% | 61.41% | 51.96% | 32.81% |
Interest Coverage | 1.18x | 1.19x | 0.86x | 0.42x | 0.65x | 2.48x | -3.51x | -0.53x | 0.73x | - |
Book Value / Share | 65.18 | 68.47 | 4.32 | 3.79 | 3.99 | 5.25 | 4.12 | 2.25 | 3.92 | 5.52 |
Revenue Growth | 0.96% | -86.86% | 9.43% | 4.72% | 12.14% | 12.08% | -1.76% | 11.6% | -33.64% | -22.69% |
Apartment Investment and Management Company (AIV) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 30, 2026·SEC
Mar 6, 2026·SEC
Mar 2, 2026·SEC
Apartment Investment and Management Company (AIV) stock FAQ — growth, dividends, profitability & financials explained
Apartment Investment and Management Company (AIV) reported $141.2M in revenue for fiscal year 2025. This represents a 30% increase from $108.9M in 1996.
Apartment Investment and Management Company (AIV) saw revenue decline by 33.6% over the past year.
Yes, Apartment Investment and Management Company (AIV) is profitable, generating $262.9M in net income for fiscal year 2025 (394.8% net margin).
Yes, Apartment Investment and Management Company (AIV) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.
Apartment Investment and Management Company (AIV) has a return on equity (ROE) of 126.4%. This is excellent, indicating efficient use of shareholder capital.
Apartment Investment and Management Company (AIV) generated Funds From Operations (FFO) of $325.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Apartment Investment and Management Company (AIV) offers a 100.00% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.