AIV · Apartment Investment & Management Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $138.49M | $208.68M | $187.00M | $190.34M | $169.84M | $151.45M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $34.03M | $32.84M | $32.87M | $39.67M | $33.15M | $10.47M |
| Total Operating Expenses | $308.12M | $210.18M | $175.41M | $270.43M | $185.48M | $165.81M |
| D&A | $58.28M | $86.36M | $68.83M | $158.97M | $84.71M | $77.97M |
| Operating Income | ($15.85M) | $117.69M | $11.58M | ($80.09M) | ($14.36M) | ($15.92M) |
| Interest Expense | $59.43M | $70.06M | $37.72M | $73.84M | $52.90M | $27.51M |
| Income Tax | ($57.59M) | ($11.07M) | ($12.75M) | $17.26M | ($13.57M) | ($10.15M) |
| Net Income | $547.16M | ($103.99M) | ($166.20M) | $74.64M | ($5.91M) | ($5.04M) |
| EPS - Basic | $3.95 | ($0.75) | ($1.16) | $0.50 | ($0.04) | ($0.03) |
| EPS - Diluted | $3.87 | ($0.75) | ($1.16) | $0.49 | ($0.04) | ($0.03) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $394.89M | $141.07M | $122.60M | $206.46M | $233.37M | $289.58M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $1.68B | $1.96B | $2.09B | $2.18B | $2.43B | $1.84B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $738.63M | $1.07B | $1.15B | $1.05B | $1.18B | $982.09M |
| Total Liabilities | $1.12B | $1.64B | $1.50B | $1.39B | $1.84B | $1.28B |
| Stockholders' Equity | $361.85M | $122.96M | $349.65M | $547.85M | $500.56M | $499.78M |
| Retained Earnings | ($68.69M) | ($303.41M) | ($116.29M) | $49.90M | ($22.77M) | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.09M | $46.98M | $50.47M | $204.23M | $12.59M | $47.85M |
| Investing Cash Flow | $874.97M | $30.60M | ($260.40M) | ($120.75M) | ($271.41M) | ($129.32M) |
| Financing Cash Flow | ($648.82M) | ($43.90M) | $119.43M | ($98.29M) | $204.67M | $370.09M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | -11.4% | 56.4% | 6.2% | -42.1% | -8.5% | -10.5% |
| EBITDA margin | 30.6% | 97.8% | 43.0% | 41.4% | 41.4% | 41.0% |
| Net margin | 395.1% | -49.8% | -88.9% | 39.2% | -3.5% | -3.3% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 24.6% | 15.7% | 17.6% | 20.8% | 19.5% | 6.9% |
| Effective tax rate | -11.8% | - | - | 18.8% | - | - |
| Return on assets | 32.7% | -5.3% | -8.0% | 3.4% | -0.2% | -0.3% |
| Return on equity | 151.2% | -84.6% | -47.5% | 13.6% | -1.2% | -1.0% |
| Return on invested capital | -1.4% | 7.8% | 0.6% | -4.1% | -0.7% | -0.8% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 2.04 | 8.71 | 3.28 | 1.91 | 2.36 | 1.97 |
| Debt / Assets | 0.44 | 0.55 | 0.55 | 0.48 | 0.49 | 0.53 |
| Debt / EBITDA | 17.41 | 5.25 | 14.27 | 13.29 | 16.78 | 15.83 |
| Interest coverage | -0.3x | 1.7x | 0.3x | -1.1x | -0.3x | -0.6x |
| Equity multiplier | 4.63 | 15.92 | 5.98 | 3.98 | 4.86 | 3.68 |
| Liabilities / Assets | 0.67 | 0.84 | 0.72 | 0.64 | 0.76 | 0.69 |
| Efficiency | ||||||
| Asset turnover | 0.08 | 0.11 | 0.09 | 0.09 | 0.07 | 0.08 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 1.5x | - | - | 14.5x | - | - |
| P / B | 2.3x | 10.2x | 3.2x | 2.0x | 2.3x | 1.6x |
| P / S | 6.1x | 6.0x | 6.0x | 5.6x | 6.8x | 5.2x |
| EV / EBITDA | 27.8x | 10.7x | 26.7x | 24.3x | 29.9x | 23.8x |
| Growth | ||||||
| Revenue growth (YoY) | -33.6% | 11.6% | -1.8% | 12.1% | 12.1% | -83.4% |
| Revenue CAGR (3y) | -10.1% | 7.1% | 7.3% | -40.7% | -44.1% | -46.8% |
| Revenue CAGR (5y) | -1.8% | -25.6% | -28.1% | -28.3% | -29.8% | -31.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 916.0% | - | -457.8% | 9.8% | - |
| Net income growth (YoY) | - | 37.4% | - | - | -17.2% | - |
| EPS growth (YoY) | - | 35.3% | - | - | -33.3% | - |
| EPS CAGR (3y) | 99.1% | - | - | -46.2% | - | - |
| EPS CAGR (5y) | - | - | - | -24.2% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 194.3% | -64.8% | -36.2% | 9.4% | 0.2% | -71.9% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing APARTMENT INVESTMENT & MANAGEMENT CO against the 5 most active filers in the same SIC group.
Dividends
$3.68/share trailing 12 months · +513.3% YoY
| Ex-date | Per share |
|---|---|
| Feb 27, 2026 | $1.4500 |
| Oct 16, 2025 | $2.2300 |
| Jan 14, 2025 | $0.6000 |
| Sep 13, 2022 | $0.0200 |
| Nov 3, 2020 | $1.0932 |
| Aug 13, 2020 | $0.0547 |
| May 14, 2020 | $0.0547 |
| Feb 13, 2020 | $0.0547 |
| Nov 14, 2019 | $0.0520 |
| Aug 15, 2019 | $0.0520 |
| May 16, 2019 | $0.0520 |
| Feb 21, 2019 | $0.0520 |
| Nov 15, 2018 | $0.0507 |
| Aug 16, 2018 | $0.0507 |
| May 17, 2018 | $0.0507 |
| Feb 15, 2018 | $0.0507 |
| Nov 16, 2017 | $0.0480 |
| Aug 16, 2017 | $0.0480 |
| May 17, 2017 | $0.0480 |
| Feb 15, 2017 | $0.0480 |
| Nov 16, 2016 | $0.0440 |
| Aug 17, 2016 | $0.0440 |
| May 18, 2016 | $0.0440 |
| Feb 17, 2016 | $0.0440 |