Apartment Investment and Management Company (AIV) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AIV Revenue Growth
Revenue Breakdown (FY 2025)
AIV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
AIV Revenue Analysis (2014–2025)
As of May 6, 2026, Apartment Investment and Management Company (AIV) generated trailing twelve-month (TTM) revenue of $192.6 million, reflecting slight decline in growth of -3.4% year-over-year. The most recent quarter (Q4 2025) recorded $52.4 million in revenue, up 49.0% sequentially.
Looking at the longer-term picture, AIV's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $1.01 billion in 2017.
Revenue diversification analysis shows AIV's business is primarily driven by Operating Portfolio Segment (91%), and Other Real Estate (9%). With over half of revenue concentrated in Operating Portfolio Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including AVB (+4.3% YoY), EQR (+3.7% YoY), and UDR (+2.1% YoY), AIV has underperformed the peer group in terms of revenue growth. Compare AIV vs AVB →
AIV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AIVCurrent | $193M | -3.4% | - | - | |
 AVB | $3.0B | +4.3% | +5.7% | 30.1% | |
 EQR | $3.1B | +3.7% | +3.8% | 36.3% | |
 UDR | $1.7B | +2.1% | +6.6% | 18.8% | |
 CPT | $1.6B | -23.7% | +8.6% | 18.4% | |
 ESS | $1.9B | +3.8% | +4.9% | 43.9% |
AIV Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | $0 | - | $41.7M | - |
| 2024 | $208.7M | +11.6% | $117.7M | 56.4% | $-1,501,000 | -0.7% |
| 2023 | $187.0M | -1.8% | $113.3M | 60.6% | $11.6M | 6.2% |
| 2022 | $190.3M | +12.1% | $118.6M | 62.3% | $-80,088,000 | -42.1% |
| 2021 | $169.8M | +12.1% | $102.2M | 60.2% | $-15,640,000 | -9.2% |
| 2020 | $151.5M | +4.7% | $89.9M | 59.4% | $0 | - |
| 2019 | $144.6M | +9.4% | $87.1M | 60.2% | $80.0M | 55.3% |
| 2018 | $132.2M | -86.9% | $78.6M | 59.5% | $23.5M | 17.8% |
| 2017 | $1.01B | +1.0% | $284.7M | 28.3% | $366.2M | 36.4% |
| 2016 | $995.9M | +1.5% | $306.0M | 30.7% | $333.1M | 33.4% |
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Start ComparisonAIV — Frequently Asked Questions
Quick answers to the most common questions about buying AIV stock.
Is AIV's revenue growth accelerating or slowing?
AIV revenue growth slowed to -3.4%, below the 5-year CAGR of N/A. TTM revenue is $193M. The deceleration marks a shift from historical growth rates.
What is AIV's long-term revenue growth rate?
Apartment Investment and Management Company's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -3.4% is near this long-term average.
How is AIV's revenue distributed by segment?
AIV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.