Apartment Investment (AIV) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
208.7M
Gross Profit
117.7M
56.40%
Operating Income
-1.5M
-0.72%
Net Income
-96.0M
-46.00%
EPS (Diluted)
-$0.75
Balance Sheet Metrics
Total Assets
2.0B
Total Liabilities
1.6B
Shareholders Equity
312.3M
Debt to Equity
5.27
Cash Flow Metrics
Operating Cash Flow
5.1M
Free Cash Flow
-113.0M
Revenue & Profitability Trend
Apartment Investment Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 208.7M | 187.0M | 190.3M | 169.8M | 151.5M |
| Cost of Goods Sold | 91.0M | 73.7M | 71.8M | 67.6M | 61.5M |
| Gross Profit | 117.7M | 113.3M | 118.6M | 102.2M | 89.9M |
| Operating Expenses | 32.8M | 32.9M | 39.7M | 33.2M | 10.5M |
| Operating Income | -1.5M | 11.6M | -80.1M | -15.6M | 1.5M |
| Pre-tax Income | -107.1M | -170.1M | 109.4M | -18.6M | -15.9M |
| Income Tax | -11.1M | -12.8M | 17.3M | -13.6M | -10.1M |
| Net Income | -96.0M | -157.3M | 92.2M | -5.0M | -5.8M |
| EPS (Diluted) | -$0.75 | -$1.16 | $0.49 | -$0.04 | -$0.03 |
Income Statement Trend
Apartment Investment Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 529.8M | 215.7M | 290.5M | 310.4M | 356.1M |
| Non-Current Assets | 1.4B | 1.9B | 1.9B | 2.1B | 1.5B |
| Total Assets | 2.0B | 2.1B | 2.2B | 2.4B | 1.8B |
| Liabilities | |||||
| Current Liabilities | 350.7M | 90.1M | 106.6M | 97.4M | 76.7M |
| Non-Current Liabilities | 1.3B | 1.4B | 1.3B | 1.7B | 1.2B |
| Total Liabilities | 1.6B | 1.5B | 1.4B | 1.8B | 1.3B |
| Equity | |||||
| Total Shareholders Equity | 312.3M | 591.6M | 792.2M | 596.0M | 563.4M |
Balance Sheet Composition
Apartment Investment Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -96.0M | -157.3M | 92.2M | -5.0M | -5.8M |
| Operating Cash Flow | 5.1M | -89.1M | 268.5M | 61.0M | 57.4M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -1.3M | 2.7M | -14.0M | -24.0M | 2.5M |
| Financing Activities | |||||
| Dividends Paid | 0 | 0 | -3.0M | 0 | 0 |
| Financing Cash Flow | -49.7M | 61.2M | -109.5M | 210.6M | 382.3M |
| Free Cash Flow | -113.0M | -222.0M | -33.3M | -165.2M | 24.0M |
Cash Flow Trend
Apartment Investment Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
21.38
Forward P/E
-19.31
Price to Book
10.78
Price to Sales
5.84
PEG Ratio
-19.31
Profitability Ratios
Profit Margin
-50.37%
Operating Margin
8.95%
Return on Equity
-22.82%
Return on Assets
0.07%
Financial Health
Current Ratio
1.69
Debt to Equity
401.47
Beta
1.40
Per Share Data
EPS (TTM)
-$0.78
Book Value per Share
$0.81
Revenue per Share
$1.53
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| aiv | 1.2B | 21.38 | 10.78 | -22.82% | -50.37% | 401.47 |
| AvalonBay | 28.7B | 25.06 | 2.40 | 9.69% | 38.31% | 71.14 |
| Equity Residential | 27.0B | 26.36 | 2.38 | 8.90% | 33.11% | 70.33 |
| NexPoint Residential | 1.7B | 936.25 | 2.29 | -7.13% | -12.56% | 380.02 |
| Veris Residential | 1.7B | -58.32 | 1.30 | -3.09% | -10.70% | 137.35 |
| UMH Properties | 1.4B | 139.33 | 2.34 | 3.42% | 11.48% | 66.64 |
Financial data is updated regularly. All figures are in the company's reporting currency.