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Apartment Investment and Management Company

AIV Real Estate Reit Residential

Apartment Investment and Management Company’s revenue for fiscal 2025 (year ended December 2025) was $138.5 million, up 0.57% from fiscal 2024.

Revenue
+3,292.7%
EPS
+2,750.0%
Free cash flow
+226.4%
Total debt
−11.0%

Quarter to December 2025, against a year earlier

1.59 0.10 −5.92%
Market cap
$229.5M
P/E
0.4×
Fwd P/E
0.0×
Dividend yield
0.00%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 229.47
Revenue ttm 174.88
Net income ttm 592.97
Free cash flow ttm 881.93
Net debt Q 332.06
Valuation
P/E 0.41
Forward P/E 0.00
Price / sales 1.26
Forward P/S Powerpack
Price / FCF 0.25
Price / book 0.56
Financial health
Current ratio Q 3.46
Debt / equity Q 1.87
Interest coverage Q (11.74)
Growth
Revenue growth Q +3,292.65% (above 0%: growing)
Operating income growth Q −305.95% (below 0%: shrinking)
EPS, this year +37.07% (at or above 15%: strong)
EPS, next year A +38.36% (at or above 15%: strong)
Revenue, next year A −100.00% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +7.10%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.2×, against a ten-year median of 8.1×; over the ten years it ranged from −112× in 2020 to 69.7× in 2019.
P/E against its own 10 years 0.11%
10-year low 10-year high
P/S against its own 10 years 29.77%
10-year low 10-year high
P/B against its own 10 years 22.44%
10-year low 10-year high
EV/Sales against its own 10 years 0.08%
10-year low 10-year high
EV/FCF against its own 10 years 0.13%
10-year low 10-year high

Dividends

Yield
0.00%
Annual rate
0.00
Payout ratio
0.00%
Growth, 2016–23
−100.0%/yr
  1. 0.14 ’16
  2. 0.15 ’17 +9
  3. 0.16 ’18 +6
  4. 0.17 ’19 +3
  5. 0.22 ’20 +31
  6. 0.00 ’21 −100
  7. 0.00 ’22
  8. 0.00 ’23
paid change on the year, %

Assets vs Liabilities $m

2022 2023 2024 2025
Cash 230 139 171 407
Receivables — — — —
Inventory — — — —
Other — — — —
269 197 230 510
2022 2023 2024 2025
Payables — — — —
ST’ Debt — — — —
Other — — — —
107 121 96 147

Compound Annual Growth %

10y 5y 3y
Sales (17.78%) (1.77%) (10.06%)
Cash Flow (31.58%) (29.91%) (65.91%)
Earnings 8.91% 0.00% 94.13%
Book Value (13.91%) (6.73%) (14.23%)

Earnings Trends EPS, adjusted, against the consensus

Q3 FY20 Estimate 0.73 Actual 0.76

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY19 0.80 0.80 Met by 0.00
Q1 FY20 0.82 0.83 Beat by 0.01
Q2 FY20 0.76 0.78 Beat by 0.02
Q3 FY20 0.73 0.76 Beat by 0.03

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 (0.10) (0.14) 2.04 2.08 3.87
’24 (0.07) (0.43) (0.16) (0.08) (0.75)
’23 (0.06) (0.02) (0.02) (1.07) (1.16)
’22 0.05 1.57 0.19 (1.34) 0.49
’21 0.14 (0.13) (0.03) (0.01) (0.04)
’20 0.03 0.02 0.01 (0.10) (0.03)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 52 53 35 35 138
’24 50 51 35 1 138
’23 44 46 48 49 187
’22 50 51 48 42 190
’21 40 40 43 47 170
’20 38 37 37 39 151
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 4 10 9 (14) 8
’24 22 8 16 1 47
’23 6 12 25 8 50
’22 7 19 203 (24) 204
’21 2 14 6 (9) 13
’20 16 13 13 7 48
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 (15) (17) 454 460 882
’24 (19) (29) (20) 141 73
’23 (59) (57) (57) (43) (217)
’22 (91) 17 231 (60) 97
’21 (36) (49) (98) (52) (235)
’20 9 9 (84) (18) (84)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 996 1,005 132 144 151 170 190 187 138 138 (19.7%) — — — —
Gross margin, % 64.36 64.73 59.48 59.96 59.38 60.19 62.28 36.51 50.56 50.64 (13.7) pt
EBT 464 316 4 (3) (16) (19) 109 (194) (135) (16) n/m
EBT margin, % 46.64 31.45 2.78 (2.22) (10.51) (10.92) 57.49 (103.53) (98.21) (11.44) (58.1) pt
Net income 483 347 3 0 (6) (5) 92 (157) (96) 593 +2.3%
Per share, $
Per share, $ Revenue 8.15 8.21 0.89 0.97 1.02 1.14 1.27 1.30 0.99 1.00 (20.8%)
Earnings 3.42 2.50 0.02 3.91 (0.03) (0.04) 0.50 (1.16) (0.75) 3.95 +1.6%
Cash flow 3.08 3.20 0.36 0.39 0.32 0.08 1.37 0.35 0.34 0.06 (35.6%)
Capex (0.83) 0.19 (0.25) (0.91) (0.89) (1.66) (0.71) (1.86) 0.19 6.32 n/m
Free cash flow 2.25 3.39 0.11 (0.52) (0.57) (1.57) 0.65 (1.51) 0.53 6.37 +12.3%
Book value 15.92 13.52 11.87 3.46 3.76 3.76 4.19 2.92 1.22 2.85 (17.4%)
Shares, m 122 122 149 149 149 149 149 144 138 138 +1.4%
Valuation, ×
Valuation, × P/E 2.35 3.10 1.47 2.27 0.00 0.00 14.79 0.00 0.00 1.52 2.5
P/S 0.99 0.95 8.82 9.26 5.18 6.79 5.57 6.01 9.14 4.70 5.7
P/B 0.54 0.62 0.71 2.59 1.40 2.05 1.70 2.68 7.43 2.08 2.2
EV/Sales 4.76 4.87 39.11 12.62 6.16 9.16 9.87 11.41 13.93 6.60 11.8
EV/FCF 17.24 11.79 330.47 (23.46) (11.12) (6.63) 19.28 (9.83) 26.21 1.31 35.5
Cash, $m
Cash, $m Operating cash flow 377 392 53 58 48 13 204 50 47 8 (34.7%)
Capex (102) 24 (38) (135) (132) (247) (107) (267) 26 874 n/m
Free cash flow 275 416 16 (77) (84) (235) 97 (217) 73 882 +13.8%
Balance, $m
Balance, $m Working capital (150) (90) (154) (91) (269) (349) 162 76 134 363 n/m
Net debt 3,753 3,946 4,003 483 149 402 818 1,008 659 332 (23.6%)
Shareholders’ equity 1,945 1,656 1,764 514 559 562 625 420 169 395 (16.2%)
Returns, %
Returns, % ROA 6.76 4.98 0.05 0.01 (0.33) (0.28) 3.28 (7.78) (5.06) 30.50 +23.7 pt
ROIC 2.71 2.16 0.25 0.94 (1.27) (1.01) (3.47) (0.99) (3.05) (14.59) (17.3) pt
ROE 24.40 18.32 0.20 0.03 (0.94) (1.05) 12.75 (31.80) (34.77) 196.47 +172.1 pt
People
People Employees 1,456 1,350 1,050 950 52 62 62 61 58 50 (31.2%)
Revenue/emp, $m 0.68 0.74 0.13 0.15 2.91 2.74 3.07 3.07 2.37 2.77 +16.8%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025 · fundamentals updated 26 Oct 2026

Apartment Investment and Management Company vs peers in Reit Residential (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
IRT Independence Realty Trust, Inc. $3.7B 57.9× 92.2× +2.97% (above 0%: growing) +264.00% (above 0%: growing) +235.79% (above 0%: growing) 58.16% 16.71% Compare
UMH UMH Properties, Inc. $1.3B 143× 99.7× +10.78% (above 0%: growing) −27.40% (below 0%: shrinking) +16.10% (above 0%: growing) 53.76% 18.37% Compare
CSR Centerspace $1.0B 8.8× — (loss-making) −16.64% (below 0%: shrinking) +165.61% (above 0%: growing) +226.92% (above 0%: growing) 86.32% 254.51% Compare
NXRT NexPoint Residential Trust, Inc. $435.3M — (loss-making) — (loss-making) +2.61% (above 0%: growing) n/m +25.98% (above 0%: growing) 60.54% 9.87% Compare
BSRT BSR Real Estate Investment Trust $402.9M — — — — — — — Compare
BRT BRT Apartments Corp. $239.6M — (loss-making) — (loss-making) +1.23% (above 0%: growing) n/m +5.58% (above 0%: growing) 100.00% 11.79% Compare
AIV Apartment Investment and Management Company $229.5M 0.4× — (loss-making) +3,292.65% (above 0%: growing) n/m +226.39% (above 0%: growing) (20.10%) (337.31%)
BHM Bluerock Homes Trust, Inc. $80.4M — (loss-making) — +15.03% (above 0%: growing) n/m +51.15% (above 0%: growing) 100.00% (28.96%) Compare
CLPR Clipper Realty Inc. $53.3M — (loss-making) — (loss-making) +7.39% (above 0%: growing) n/m −6.27% (below 0%: shrinking) 0.00% 24.41% Compare
Median of peers $419.1M 57.9× — +2.97% +165.61% +25.98% 60.54% 16.71%

All 20 Reit Residential stocks →

Pay and ownership Proxy statement filed 24 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 10.76m 7.29m 169.00
2024 3.93m 5.35m 173.00
2023 4.07m 4.50m 149.00
2022 2.86m 2.29m 135.00
2021 5.45m 7.58m 146.00

Ownership

Directors and executive officers, together 3.79%
T. Rowe Price Associates, Inc. 11.86%
BlackRock, Inc. 8.93%
Madison Avenue International LP 8.30%
Newton Management, LLC 7.80%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Apartment Investment and Management Company (AIV) Latest News

30 Apr

Impact 4 · · PR Newswire

30 Mar

Impact 5 · · PR Newswire

2 Mar

Impact 5 · · PR Newswire
Impact 4 · · Associated Press Finance

9 Feb

Impact 4 · · PR Newswire

9 Jan

Impact 5 · · Insider Monkey

5 Jan

Impact 4 · · PR Newswire

23 Dec

Impact 4 · · PR Newswire

15 Dec

Impact 4 · · PR Newswire

10 Nov

Impact 4 · · PR Newswire
Impact 3 · · Associated Press FinanceInsider MonkeyMT NewswiresAssociated Press FinanceMT NewswiresAssociated Press FinanceAssociated Press FinanceAssociated Press Finance

15 Sep

Impact 4 · · PR Newswire

8 Sep

Impact 3 · · Business Wire

4 Sep

Impact 4 · · Insider Monkey

11 Aug

Impact 4 ·
Impact 3 ·

6 Aug

Impact 4 ·
Impact 3 · · PR Newswire

14 Jul

Impact 3 · · Business Wire

8 Jul

Impact 4 · · GuruFocus.com

5 Jun

Impact 3 ·

29 May

Impact 4 · · Insider Monkey

8 May

Impact 4 · · PR Newswire
Impact 3 ·

4 Mar

Impact 3 · · multifamilydive.com

24 Feb

Impact 4 · · PR Newswire
Impact 3 · · Associated Press Finance

21 Feb

Impact 4 · · multifamilydive.com

13 Feb

Impact 4 · · Financial Post

13 Jan

Impact 4 · · multifamilydive.com
stockrow.com/AIV · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com