Apartment Investment and Management Company | Small-cap | Real Estate
$7.77
1.70%
| Apartment Investment Stock Comparison:
Apartment Investment vs AvalonBayApartment Investment vs Equity ResidentialApartment Investment vs Veris ResidentialApartment Investment vs NexPoint ResidentialApartment Investment vs Elme CommunitiesApartment Investment vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 52.4M
Gross Profit 29.3M 55.94%
Operating Income 4.7M 8.95%
Net Income -11.7M -22.37%
EPS (Diluted) $-0.10

Balance Sheet Metrics

Total Assets 1.9B
Total Liabilities 1.6B
Shareholders Equity 302.6M
Debt to Equity 5.19

Cash Flow Metrics

Operating Cash Flow 3.7M
Free Cash Flow -15.4M

Revenue & Profitability Trend

Apartment Investment Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i208.7M187.0M190.3M169.8M151.5M
Cost of Goods Sold i91.0M73.7M71.8M67.6M61.5M
Gross Profit i117.7M113.3M118.6M102.2M89.9M
Gross Margin % i56.4%60.6%62.3%60.2%59.4%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i32.8M32.9M39.7M33.2M10.5M
Other Operating Expenses i-----
Total Operating Expenses i32.8M32.9M39.7M33.2M10.5M
Operating Income i-1.5M11.6M-80.1M-15.6M1.5M
Operating Margin % i-0.7%6.2%-42.1%-9.2%1.0%
Non-Operating Items
Interest Income i9.7M9.7M4.1M2.3M110.0K
Interest Expense i70.1M37.7M73.8M52.9M27.5M
Other Non-Operating Income-45.2M-153.7M259.3M47.7M10.0M
Pre-tax Income i-107.1M-170.1M109.4M-18.6M-15.9M
Income Tax i-11.1M-12.8M17.3M-13.6M-10.1M
Effective Tax Rate % i0.0%0.0%15.8%0.0%0.0%
Net Income i-96.0M-157.3M92.2M-5.0M-5.8M
Net Margin % i-46.0%-84.1%48.4%-2.9%-3.8%
Key Metrics
EBITDA i37.0M-72.6M-88.8M112.6M104.4M
EPS (Basic) i$-0.75$-1.16$0.50$-0.04$-0.03
EPS (Diluted) i$-0.75$-1.16$0.49$-0.04$-0.03
Basic Shares Outstanding i138496000143618000149395000149480000148569000
Diluted Shares Outstanding i138496000143618000149395000149480000148569000

Income Statement Trend

Apartment Investment Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i141.1M122.6M206.5M233.4M289.6M
Short-term Investments i-----
Accounts Receivable i8.3M4.8M4.1M2.5M2.7M
Inventory i-----
Other Current Assets-----
Total Current Assets i529.8M215.7M290.5M310.4M356.1M
Non-Current Assets
Property, Plant & Equipment i127.1M119.7M118.6M439.6M105.6M
Goodwill i13.2M13.5M14.2M3.3M7.3M
Intangible Assets i13.2M13.5M14.2M3.3M7.3M
Long-term Investments891.0K5.3M62.4M25.7M13.3M
Other Non-Current Assets16.4M13.4M24.4M28.5M18.0M
Total Non-Current Assets i1.4B1.9B1.9B2.1B1.5B
Total Assets i2.0B2.1B2.2B2.4B1.8B
Liabilities
Current Liabilities
Accounts Payable i-----
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities160.6M----
Total Current Liabilities i350.7M90.1M106.6M97.4M76.7M
Non-Current Liabilities
Long-term Debt i1.2B1.3B1.2B1.6B1.1B
Deferred Tax Liabilities i101.5M110.3M119.6M124.7M131.6M
Other Non-Current Liabilities-31.0M---
Total Non-Current Liabilities i1.3B1.4B1.3B1.7B1.2B
Total Liabilities i1.6B1.5B1.4B1.8B1.3B
Equity
Common Stock i1.4M1.4M1.5M1.5M1.5M
Retained Earnings i-303.4M-116.3M49.9M-22.8M-16.8M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i312.3M591.6M792.2M596.0M563.4M
Key Metrics
Total Debt i1.2B1.3B1.2B1.6B1.1B
Working Capital i179.2M125.6M183.9M213.0M279.4M

Balance Sheet Composition

Apartment Investment Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-96.0M-157.3M92.2M-5.0M-5.8M
Depreciation & Amortization i86.4M68.8M159.0M84.7M78.0M
Stock-Based Compensation i6.5M9.2M7.5M5.3M0
Working Capital Changes i-873.0K335.0K1.0M-11.8M-5.0M
Operating Cash Flow i5.1M-89.1M268.5M61.0M57.4M
Investing Activities
Capital Expenditures i-----
Acquisitions i-383.0K-3.8M-13.4M-23.3M0
Investment Purchases i0-53.8M000
Investment Sales i054.7M000
Investing Cash Flow i-1.3M2.7M-14.0M-24.0M2.5M
Financing Activities
Share Repurchases i-39.9M-47.9M-23.7M-76.0K0
Dividends Paid i00-3.0M00
Debt Issuance i330.5M174.4M849.4M224.9M40.0M
Debt Repayment i-270.7M-88.7M-1.0B-35.2M-84.2M
Financing Cash Flow i-49.7M61.2M-109.5M210.6M382.3M
Free Cash Flow i-113.0M-222.0M-33.3M-165.2M24.0M
Net Change in Cash i-46.0M-25.1M145.1M247.6M442.2M

Cash Flow Trend

Apartment Investment Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 21.38
Forward P/E -17.27
Price to Book 11.65
Price to Sales 5.21
PEG Ratio -0.32

Profitability Ratios

Profit Margin -30.59%
Operating Margin 10.25%
Return on Equity -14.55%
Return on Assets 0.28%

Financial Health

Current Ratio 1.66
Debt to Equity 435.61
Beta 1.40

Per Share Data

EPS (TTM) $-0.49
Book Value per Share $0.67
Revenue per Share $1.55

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
aiv1.1B21.3811.65-14.55%-30.59%435.61
AvalonBay 27.3B23.612.289.71%38.39%72.58
Equity Residential 25.3B24.252.229.08%33.22%75.26
Veris Residential 1.7B-60.961.31-2.24%-7.68%146.31
NexPoint Residential 1.7B936.252.35-11.75%-19.54%415.50
Elme Communities 1.5B-113.001.43-1.31%-5.79%66.77

Financial data is updated regularly. All figures are in the company's reporting currency.