APARTMENT INVESTMENT AND MANAGEMENT COMPANY

Income Statement Apartment Investment and Management Company

Stocks

AIV

US03748R7474

Residential REITs

Market Closed - NYSE 16:00:03 2026-10-06 EDT			5-day change	1st Jan Change
1.870 ^USD	-0.53%		-12.62%	-68.52%

08-07	Tranche Update on Apartment Investment and Management Company's Equity Buyback Plan announced on August 4, 2022.	CI
06-04	Top Premarket Decliners	MT

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Published financial data: APARTMENT INVESTMENT AND MANAGEMENT COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Rental Revenues	170M	190M	187M	209M	138M
Other Revenues, Total	973K	579K	875K	-	-
Total Revenues	171M	191M	188M	209M	138M
Property Expenses	67.61M	71.79M	73.71M	88.68M	66.16M
Selling General & Admin Expenses, Total	33.15M	39.67M	32.86M	35.14M	36.23M
Depreciation & Amortization - (IS) - (Collected)	84.71M	73.27M	68.83M	86.36M	58.28M
Provision for Bad Debts	-	-	-	-	22.9M
Total Operating Expenses	185M	185M	175M	210M	184M
Operating Income (REIT / Utility Template)	-14.67M	6.19M	12.46M	-1.5M	-45.07M
Interest Expense, Total	-52.9M	-73.84M	-37.72M	-70.06M	-59.43M
Interest and Investment Income	32.71M	4.05M	9.73M	9.65M	9.5M
Net Interest Expenses	-20.19M	-69.79M	-27.99M	-60.4M	-49.93M
Other Non Operating Income (Expenses)	16.31M	34.83M	-7.41M	-3.83M	-4.66M
EBT, Excl. Unusual Items	-18.55M	-28.77M	-22.94M	-65.74M	-99.66M
Gain (Loss) on Sale of Investments	-	-159M	-155M	-51.94M	-5.79M
Gain (Loss) on Sale of Assets	-	176M	7.98M	10.6M	237M
Asset Writedown	-	-85.7M	-	-	-147M
Other Unusual Items	-	207M	-	-	-
EBT, Incl. Unusual Items	-18.55M	109M	-170M	-107M	-15.85M
Income Tax Expense	-13.57M	17.26M	-12.75M	-11.07M	-57.6M
Earnings From Continuing Operations	-4.98M	92.16M	-157M	-96M	41.75M
Earnings Of Discontinued Operations	-	-	-	-	551M
Net Income to Company	-4.98M	92.16M	-157M	-96M	593M
Minority Interest	-930K	-16.43M	-8.88M	-6.47M	-38.96M
Net Income - (IS)	-5.91M	75.73M	-166M	-102M	554M
Preferred Dividend and Other Adjustments	-	1.09M	-	1.52M	6.85M
Net Income to Common Incl Extra Items	-5.91M	74.64M	-166M	-104M	547M
Net Income to Common Excl. Extra Items	-5.91M	74.64M	-166M	-104M	-4.06M
Per Share Items
Net EPS - Basic	-0.04	0.5	-1.16	-0.75	3.95
Basic EPS - Continuing Operations	-0.04	0.5	-1.16	-0.75	-0.03
Basic Weighted Average Shares Outstanding	149M	149M	144M	138M	138M
Net EPS - Diluted	-0.04	0.49	-1.16	-0.75	3.87
Diluted EPS - Continuing Operations	-0.04	0.49	-1.16	-0.75	-0.04
Diluted Weighted Average Shares Outstanding	149M	151M	144M	138M	141M
Normalized Basic EPS	-0.08	-0.23	-0.16	-0.34	-0.73
Normalized Diluted EPS	-0.08	-0.23	-0.16	-0.34	-0.72
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	70.04M	79.46M	81.29M	84.86M	13.21M
EBITA	-14.67M	6.19M	12.46M	-1.5M	-45.07M
EBIT	-14.67M	6.19M	12.46M	-1.5M	-45.07M
EBITDAR	68.64M	79.16M	81.39M	84.96M	13.42M
Effective Tax Rate - (Ratio)	73.15	15.78	7.5	10.34	363.42
Current Domestic Taxes	655K	18.34M	-3.35M	540K	39.22M
Total Current Taxes	655K	18.34M	-3.35M	540K	39.22M
Deferred Domestic Taxes	-14.22M	-1.08M	-9.4M	-11.61M	-96.81M
Total Deferred Taxes	-14.22M	-1.08M	-9.4M	-11.61M	-96.81M
Normalized Net Income	-12.52M	-34.41M	-23.22M	-47.55M	-101M
Interest Capitalized	21.3M	30.6M	39.7M	21.5M	12.9M
Interest on Long-Term Debt	-	51.8M	40M	27.8M	20.38M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	2.3M	2.2M
Selling and Marketing Expenses	-	-	-	2.3M	2.2M
General and Administrative Expenses	33.15M	39.67M	32.86M	32.84M	34.03M
Net Rental Expense, Total	-1.4M	-300K	100K	104K	211K
Imputed Operating Lease Interest Expense	-616K	-180K	50.49K	61.44K	133K
Imputed Operating Lease Depreciation	-784K	-120K	49.51K	42.56K	77.67K
Stock-Based Comp., G&A Exp. (Total)	3.38M	6.44M	9.22M	6.49M	5.9M
Stock-Based Comp., Other (Total)	1.89M	1.03M	-	-	-
Total Stock-Based Compensation	5.27M	7.47M	9.22M	6.49M	5.9M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Gross Property Plant And Equipment	2.23B	2.08B	2.33B	1.87B	1.36B
Accumulated Depreciation	-561M	-531M	-581M	-509M	-297M
Net Property Plant And Equipment	1.67B	1.55B	1.75B	1.37B	1.06B
Total Real Estate Assets	1.67B	1.55B	1.75B	1.37B	1.06B
Cash And Equivalents	233M	206M	123M	141M	395M
Accounts Receivable, Total	2.47M	4.08M	4.8M	8.28M	13.78M
Other Receivables	4.84M	1.94M	808K	6K	-
Investment In Debt and Equity Securities	383M	223M	65.07M	16.12M	9.44M
Other Intangibles, Total	3.27M	14.16M	13.49M	13.15M	12.26M
Notes Receivable (Collected)	38.03M	39.01M	57.55M	58.79M	104M
Restricted Cash	11.21M	23.31M	16.67M	31.37M	11.67M
Other Current Assets, Total	20.52M	17.36M	13.63M	290M	42.93M
Trading Asset Securities, Total	25.66M	62.39M	5.26M	891K	55K
Deferred Tax Assets Long-Term (Collected)	6.39M	2.32M	2.39M	5.18M	-
Deferred Charges Long-Term	22.14M	20.46M	10.6M	11.23M	9.32M
Other Long-Term Assets, Total	13.02M	15.79M	23.12M	15.16M	15.27M
Total Assets	2.43B	2.18B	2.09B	1.96B	1.68B
Liabilities
Current Portion of Long-Term Debt	-	3.08M	104M	155M	116M
Current Portion of Leases	29.09M	4.9M	6.42M	6.34M	6.84M
Long-Term Debt	1.18B	1.05B	1.04B	915M	623M
Long-Term Leases	419M	123M	124M	125M	125M
Accrued Expenses, Total	60.88M	91.42M	76.52M	89.7M	138M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	250M	112M
Deferred Tax Liability Non-Current	125M	120M	110M	101M	-
Other Non Current Liabilities	23.86M	2.34M	33.14M	1.97M	2.02M
Total Liabilities	1.84B	1.39B	1.5B	1.64B	1.12B
Common Stock, Total	1.5M	1.47M	1.41M	1.36M	1.4M
Additional Paid In Capital	522M	496M	465M	425M	429M
Retained Earnings	-22.78M	49.9M	-116M	-303M	-68.69M
Total Common Equity	501M	548M	350M	123M	362M
Minority Interest	95.46M	244M	242M	189M	191M
Total Equity	596M	792M	592M	312M	553M
Total Liabilities And Equity	2.43B	2.18B	2.09B	1.96B	1.68B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	153M	150M	145M	142M	144M
ECS Total Common Shares Outstanding	150M	147M	141M	136M	140M
Book Value / Share	3.34	3.74	2.49	0.9	2.58
Tangible Book Value	497M	534M	336M	110M	350M
Tangible Book Value Per Share	3.32	3.64	2.39	0.81	2.49
Total Debt	1.63B	1.18B	1.28B	1.2B	871M
Net Debt	1.37B	907M	1.15B	1.06B	476M
Debt Equivalent Oper. Leases	-11.2M	-2.4M	800K	832K	1.69M
Minority Interest, Total (Incl. Fin. Div)	95.46M	244M	242M	189M	191M
Equity Method Investments, Total	13.02M	15.79M	23.12M	15.16M	15.27M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	534M	641M	621M	398M	222M
Buildings, Total	1.26B	1.32B	1.59B	1.35B	1.01B
Full Time Employees	62	62	61	58	50
Accumulated Allowance for Doubtful Accounts (Supple)	1.28M	1.21M	373K	352K	927K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-5.91M	75.73M	-166M	-102M	554M
Depreciation, Depletion & Amortization	84.71M	73.27M	68.83M	86.36M	58.28M
Total Depreciation, Depletion & Amortization	84.71M	73.27M	68.83M	86.36M	58.28M
Amortization of Deferred Charges, Total	1.38M	2.79M	2.56M	-	-
(Gain) Loss On Sale of Asset - (CF)	-	-176M	-7.98M	-10.6M	-237M
(Gain) Loss on Sale of Investments - (CF)	-6.51M	-68.51M	-1.82M	47.75M	6.26M
Total Asset Writedown	-	85.7M	-	-	147M
(Income) Loss On Equity Investments - (CF)	-973K	-579K	-875K	1.36M	-1.56M
Stock-Based Compensation (CF)	5.27M	7.47M	9.22M	6.49M	5.9M
Provision and Write-off of Bad Debts	-	-	-	-	22.9M
Change in Accounts Receivable	-	-	-	-	-
Change in Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-22.31M	169M	-6.15M	-873K	-10.26M
Other Operating Activities	-43.08M	34.96M	153M	18.96M	-12.42M
Net Cash From Discontinued Operations	-	-	-	-	-525M
Cash from Operations	12.59M	204M	50.47M	46.98M	8.09M
Acquisition of Real Estate Assets, Total	-247M	-367M	-277M	-160M	-99.62M
Sale of Real Estate Assets, Total	-	260M	9.25M	186M	973M
Net Sale / Acquisition of Real Estate Assets	-247M	-107M	-267M	26.18M	874M
Investment in Marketable and Equity Securities, Total	-	-13.42M	423K	5.38M	-
Other Investing Activities, Total	-24M	-547K	6.53M	-958K	1.13M
Cash from Investing	-271M	-121M	-260M	30.6M	875M
Long-Term Debt Issued, Total	225M	849M	174M	331M	92.01M
Total Debt Issued	225M	849M	174M	331M	92.01M
Long-Term Debt Repaid, Total	-35.24M	-1B	-88.67M	-271M	-314M
Total Debt Repaid	-35.24M	-1B	-88.67M	-271M	-314M
Repurchase of Common Stock	-	-23.49M	-46.84M	-38.94M	-256K
Special Dividend Paid	-	-3.04M	-	-	-416M
Other Financing Activities, Total	14.98M	79.99M	80.5M	-64.78M	-11.32M
Cash from Financing	205M	-98.29M	119M	-43.9M	-649M
Net Change in Cash	-54.15M	-14.82M	-90.5M	33.69M	234M
Supplemental Items
Cash Interest Paid	43.8M	45.17M	32.8M	47.55M	60.5M
Cash Income Tax Paid (Refund)	2.94M	22.93M	1.71M	931K	498K
Net Debt Issued / Repaid	190M	-152M	85.78M	59.83M	-222M
Levered Free Cash Flow	-140M	-203M	-230M	-174M	-36.26M
Unlevered Free Cash Flow	-108M	-159M	-209M	-130M	883K
Change In Net Working Capital	10.86M	6.5M	22.7M	62.07M	-64.5M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-0.43	0.17	0.36	-0.05	-1.55
Return on Total Capital	-0.48	0.19	0.41	-0.06	-2.09
Return On Equity %	-0.86	13.28	-22.74	-21.24	9.65
Return on Common Equity	-1.18	14.24	-37.04	-44.01	-1.67
Margin Analysis
Gross Profit Margin %	60.42	62.4	60.76	57.5	52.23
SG&A Margin	19.41	20.78	17.49	16.84	26.16
EBITDA Margin %	41.01	41.62	43.27	40.66	9.54
EBITA Margin %	-8.59	3.24	6.63	-0.72	-32.55
EBIT Margin %	-8.59	3.24	6.63	-0.72	-32.55
Income From Continuing Operations Margin %	-2.92	48.27	-83.74	-46	30.15
Net Income Margin %	-3.46	39.66	-88.46	-49.1	400.05
Net Avail. For Common Margin %	-3.46	39.09	-88.46	-49.83	-2.93
Normalized Net Income Margin	-7.33	-18.02	-12.36	-22.79	-73.11
Levered Free Cash Flow Margin	-81.69	-106.21	-122.62	-83.36	-26.18
Unlevered Free Cash Flow Margin	-63.14	-83.5	-111.43	-62.38	0.64
Asset Turnover
Asset Turnover	0.08	0.08	0.09	0.1	0.08
Fixed Assets Turnover	0.12	0.12	0.11	0.13	0.12
Receivables Turnover (Average Receivables)	66.23	58.14	42.1	31.02	12.82
Short Term Liquidity
Current Ratio	3.74	3.57	1.18	1.06	1.52
Quick Ratio	2.96	2.77	0.71	0.3	1.1
Operating Cash Flow to Current Liabilities	0.14	2.05	0.27	0.09	0.02
Days Sales Outstanding (Average Receivables)	5.51	6.28	8.67	11.8	28.47
Long Term Solvency
Total Debt/Equity	273.24	148.41	216.01	384.79	157.48
Total Debt / Total Capital	73.21	59.74	68.36	79.37	61.16
LT Debt/Equity	268.36	147.4	197.36	333.02	135.24
Long-Term Debt / Total Capital	71.9	59.34	62.45	68.69	52.52
Total Liabilities / Total Assets	75.51	63.68	71.69	84.04	67.01
EBIT / Interest Expense	-0.28	0.08	0.33	-0.02	-0.76
EBITDA / Interest Expense	1.32	1.09	2.16	1.21	0.23
(EBITDA - Capex) / Interest Expense	-2.04	-2.13	-5.07	-1.07	-1.45
Total Debt / EBITDA	23.25	14.67	15.7	14.14	64.89
Net Debt / EBITDA	19.55	11.32	14.13	12.47	35.46
Total Debt / (EBITDA - Capex)	-15.11	-7.47	-6.69	-16.01	-10.1
Net Debt / (EBITDA - Capex)	-12.71	-5.76	-6.02	-14.12	-5.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.18	11.78	-1.6	11.6	0.57
Gross Profit, 1 Yr. Growth %	13.72	15.44	-4.17	4.72	0.99
EBITDA, 1 Yr. Growth %	-12.74	13.44	2.31	5.52	-64.1
EBITA, 1 Yr. Growth %	-734.66	-142.21	101.24	-112.96	11.71
EBIT, 1 Yr. Growth %	-734.66	-142.21	101.24	-112.96	11.71
Earnings From Cont. Operations, 1 Yr. Growth %	-13.71	-1.95K	-270.71	-38.98	-133.62
Net Income, 1 Yr. Growth %	17.24	-1.38K	-319.47	-38.35	-640.67
Diluted EPS Before Extra, 1 Yr. Growth %	17.89	-1.32K	-336.73	-35.27	-96.04
Normalized Net Income, 1 Yr. Growth %	-1.91K	106.81	-32.54	104.83	55.4
Net Property, Plant and Equip., 1 Yr. Growth %	50.34	-7.1	13.03	-22.13	-10.51
Accounts Receivable, 1 Yr. Growth %	-7.18	65.21	17.77	59.83	76.12
Total Assets, 1 Yr. Growth %	32.25	-10.39	-4.21	-6.34	-14.37
Common Equity, 1 Yr. Growth %	0.16	9.45	-36.18	-64.83	194.29
Tangible Book Value, 1 Yr. Growth %	0.97	7.32	-37.01	-67.34	218.38
Cash From Operations, 1 Yr. Growth %	-73.69	1.52K	-75.29	-6.9	-82.78
Capital Expenditures, 1 Yr. Growth %	644.31	33.58	14.72	-41.27	-37.75
Levered Free Cash Flow, 1 Yr. Growth %	-727.53	82.47	13.62	-14.6	-73.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-376.1	100.65	31.35	-27.73	-100.87
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.68	11.98	4.88	4.71	7.46
Gross Profit, 2 Yr. CAGR %	8.86	14.58	5.18	-0.11	2.19
EBITDA, 2 Yr. CAGR %	-6.44	-0.51	7.73	3.72	-38.93
EBITA, 2 Yr. CAGR %	-4.24	63.67	-7.83	-48.28	40.87
EBIT, 2 Yr. CAGR %	-4.24	63.67	-7.83	-48.28	40.87
Earnings From Cont. Operations, 2 Yr. CAGR %	563.86	299.61	462.05	2.06	-51.95
Net Income, 2 Yr. CAGR %	340.92	287.58	430.29	16.32	82.58
Diluted EPS Before Extra, 2 Yr. CAGR %	342.16	280.02	438.52	23.79	-83.09
Normalized Net Income, 2 Yr. CAGR %	163.66	604.92	18.12	17.55	63.42
Net Property, Plant and Equip., 2 Yr. CAGR %	33.58	18.18	2.47	-6.19	-22.17
Accounts Receivable, 2 Yr. CAGR %	3.32	23.83	39.49	42.44	63.13
Total Assets, 2 Yr. CAGR %	38.98	8.86	-7.35	-5.28	-10.45
Common Equity, 2 Yr. CAGR %	-1.24	4.7	-16.42	-52.63	1.73
Tangible Book Value, 2 Yr. CAGR %	-0.26	4.1	-17.78	-54.64	1.98
Cash From Operations, 2 Yr. CAGR %	-53.39	106.6	100.24	-52.04	-59.95
Capital Expenditures, 2 Yr. CAGR %	112.61	215.32	23.8	-17.92	-39.54
Levered Free Cash Flow, 2 Yr. CAGR %	-	201.99	43.97	-8.08	-60.22
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	102.02	62.32	-9.73	-93.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.67	9.7	7.26	6.9	-10.06
Gross Profit, 3 Yr. CAGR %	9.06	11.01	7.95	5.16	-15.59
EBITDA, 3 Yr. CAGR %	-1.72	-0.24	0.42	6.6	-44.89
EBITA, 3 Yr. CAGR %	-15.62	-27.12	75.35	-53.23	100.26
EBIT, 3 Yr. CAGR %	-15.62	-27.12	75.35	-53.23	100.26
Earnings From Cont. Operations, 3 Yr. CAGR %	13.44	834.3	200.96	168.13	-23.2
Net Income, 3 Yr. CAGR %	22.15	529.2	220.65	158.82	94.13
Diluted EPS Before Extra, 3 Yr. CAGR %	25.99	521.01	224.56	165.76	-57.43
Normalized Net Income, 3 Yr. CAGR %	80.57	167.31	222.44	41.91	43.29
Net Property, Plant and Equip., 3 Yr. CAGR %	-	18.35	16.44	-6.49	-11.86
Accounts Receivable, 3 Yr. CAGR %	-	20.82	21.78	49.66	50.05
Total Assets, 3 Yr. CAGR %	-	20.07	4.32	-7.02	-8.41
Common Equity, 3 Yr. CAGR %	-	2.2	-11.23	-37.37	-12.91
Tangible Book Value, 3 Yr. CAGR %	-	2.21	-11.95	-39.56	-13.15
Cash From Operations, 3 Yr. CAGR %	-38.26	52.2	1.79	55.13	-65.91
Capital Expenditures, 3 Yr. CAGR %	67.49	82.1	125.11	-3.45	-25.15
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	118	16.11	-43.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	75	17.89	-82.32
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	7.14	7.61	-1.88
Gross Profit, 5 Yr. CAGR %	-	-	7.49	6.62	-4.43
EBITDA, 5 Yr. CAGR %	-	-	1.96	1.18	-30.3
EBITA, 5 Yr. CAGR %	-	-	-12.59	-37.7	81.14
EBIT, 5 Yr. CAGR %	-	-	-12.59	-37.7	81.14
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	115.17	285.34	48.55
Net Income, 5 Yr. CAGR %	-	-	119.75	220.29	155.98
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	125.26	225.78	2.18
Normalized Net Income, 5 Yr. CAGR %	-	-	61.29	92.45	171.01
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	7.84	-0.89
Accounts Receivable, 5 Yr. CAGR %	-	-	-	29.04	38.95
Total Assets, 5 Yr. CAGR %	-	-	-	9.2	-1.86
Common Equity, 5 Yr. CAGR %	-	-	-	-24.86	-6.25
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-26.15	-6.63
Cash From Operations, 5 Yr. CAGR %	-	-	-1.16	-4.1	-29.91
Capital Expenditures, 5 Yr. CAGR %	-	-	48.41	32.4	33.06
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	10.28
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-53.14