Saturday 17 October 2026 Export AIV’s income statement to Excel — free account

Apartment Investment and Management Company

In the quarter to December 2025, revenue fell 272.0%, EPS grew 2,750.0%, free cash flow grew 226.4% and total debt fell 11.0%, each against the same quarter a year earlier.

1.70 0.02 +1.19%

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Market cap: $244.0M
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 Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 243.99

Revenue 138.49

Net Income 592.97

Free Cash Flow 881.93

Net Debt 332.06

Current Ratio 3.46

Debt/Equity 1.87

P/E ratio 0.43

Fwd P/E 0.00

P/S ratio 1.70

P/B ratio 0.60

Past 5Y EPS Growth —

This Y EPS Growth 37.07%

Next Y EPS Growth 38.36%

Next Y revenue growth (100.00%)

Next 5Y EPS Growth 7.10%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.16%

10-year low 10-year high

P/S against its own 10 years 29.98%

10-year low 10-year high

P/B against its own 10 years 43.09%

10-year low 10-year high

EV/Sales against its own 10 years 0.12%

10-year low 10-year high

EV/FCF against its own 10 years 0.19%

10-year low 10-year high

Dividends

Payout Ratio 0.00

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2023	Powerpack
2022	0.00	0.02
2021	Powerpack
2020	0.22	0.04 0.04 0.04 0.09
2019	0.17	0.04 0.04 0.04 0.04
2018	0.16	0.04 0.04 0.04 0.04
2017	0.15	0.04 0.04 0.04 0.04
2016	0.14	0.04 0.04 0.04 0.04

special payouts not included in total or ratios

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%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	52	53	35	—	138
’24	50	51	35	1	138
’23	44	46	48	—	120
’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.

value withheld pending a data check

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.

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4.66	5.58	5.06	5.61	3.27	4.50	5.22	5.63	7.06	5.24	Analyst estimates 2026–2028 Powerpack
	High	6.39	6.25	6.35	7.40	7.42	8.16	9.79	8.93	9.49	9.29
People
People	Employees	1,456	1,350	1,050	950	52	62	62	61	58	50
	Revenue/emp, $m	0.68	0.74	0.13	0.15	2.91	2.74	3.07	1.97	2.37	2.77
Income, $m
Income, $m	Revenue	996	1,005	132	144	151	170	190	120	138	138
	Gross margin, %	64.36	64.73	59.48	59.96	59.38	60.19	62.28	56.93	50.56	50.64
	EBT	464	316	4	(3)	(16)	(19)	109	(194)	(135)	(16)
	EBT margin, %	46.64	31.45	2.78	(2.22)	(10.51)	(10.92)	57.49	(161.42)	(98.21)	(11.44)
	Net income	483	347	3	0	(6)	(5)	92	(157)	(96)	593
	Depreciation	338	372	50	64	78	86	162	58	77	58
Per share, $
Per share, $	Revenue	8.15	8.21	0.89	0.97	1.02	1.14	1.27	0.84	0.99	1.00
	Earnings	3.42	2.50	0.02	3.91	(0.03)	(0.04)	0.50	(1.16)	(0.75)	3.95
	Cash flow	3.08	3.20	0.36	0.39	0.32	0.08	1.37	0.35	0.34	0.06
	Capex	(0.83)	0.19	(0.25)	(0.91)	(0.89)	(1.66)	(0.71)	(1.86)	0.19	6.32
	Free cash flow	2.25	3.39	0.11	(0.52)	(0.57)	(1.57)	0.65	(1.51)	0.53	6.37
	Book value	15.92	13.52	11.87	3.46	3.76	3.76	4.19	2.92	1.22	2.85
	Shares, m	122	122	149	149	149	149	149	144	138	138
Valuation, ×
Valuation, ×	P/E	1.75	2.31	1.09	1.74	0.00	0.00	14.79	0.00	0.00	1.52
	P/S	0.73	0.71	6.58	7.12	5.18	6.79	5.57	9.38	9.14	5.93
	P/B	0.40	0.46	0.53	1.99	1.40	2.05	1.70	2.68	7.43	2.08
	EV/Sales	4.50	4.63	36.86	10.48	6.16	9.16	9.87	17.79	13.93	8.33
	EV/FCF	16.33	11.20	311.47	(19.48)	(11.12)	(6.63)	19.28	(9.83)	26.21	1.31
Cash, $m
Cash, $m	Operating cash flow	377	392	53	58	48	13	204	50	47	8
	Capex	(102)	24	(38)	(135)	(132)	(247)	(107)	(267)	26	874
	Free cash flow	275	416	16	(77)	(84)	(235)	97	(217)	73	882
Balance, $m
Balance, $m	Working capital	(150)	(90)	(154)	(91)	(269)	(349)	162	76	134	363
	Total debt	3,885	4,089	4,076	493	448	647	1,048	1,148	830	739
	Net debt	3,753	3,946	4,003	483	149	402	818	1,008	659	332
	Shareholders’ equity	1,945	1,656	1,764	514	559	562	625	420	169	395
Returns, %
Returns, %	ROA	6.76	4.98	0.05	0.01	(0.33)	(0.28)	3.28	(7.78)	(5.06)	30.50
	ROIC	2.71	2.16	0.25	0.94	(1.27)	(1.01)	(3.47)	(0.99)	(3.05)	(14.59)
	ROE	24.40	18.32	0.20	0.03	(0.94)	(1.05)	12.75	(31.80)	(34.77)	196.47

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MRP Millrose Properties, Inc.	$3.4B	7.8×	9.3×	+32.11% (above 0%: growing)	+11.76% (above 0%: growing)	+61.32% (above 0%: growing)	84.81%	85.16%	Compare
UMH UMH Properties, Inc.	$1.3B	127×	111×	+7.50% (above 0%: growing)	+66.67% (above 0%: growing)	−8.46% (below 0%: shrinking)	55.24%	18.78%	Compare
CSR Centerspace	$989.4M	43.4×	— (loss-making)	−4.04% (below 0%: shrinking)	n/m	+133.15% (above 0%: growing)	86.14%	13.35%	Compare
NXRT NexPoint Residential Trust, Inc.	$476.4M	— (loss-making)	— (loss-making)	+2.31% (above 0%: growing)	n/m	+52.54% (above 0%: growing)	61.87%	10.92%	Compare
BRT BRT Apartments Corp.	$256.3M	— (loss-making)	— (loss-making)	+1.14% (above 0%: growing)	n/m	−32.50% (below 0%: shrinking)	100.00%	11.65%	Compare
AIV Apartment Investment and Management Company	$244.0M	0.4×	— (loss-making)	−271.99% (below 0%: shrinking)	n/m	+226.39% (above 0%: growing)	396.41%	6,653.82%
ELME Elme Communities	$155.5M	— (loss-making)	— (loss-making)	+1.72% (above 0%: growing)	n/m	−17.20% (below 0%: shrinking)	57.49%	(183.33%)	Compare
BHM Bluerock Homes Trust, Inc.	$92.6M	— (loss-making)	—	+15.03% (above 0%: growing)	n/m	+51.15% (above 0%: growing)	100.00%	(28.96%)	Compare
CLPR Clipper Realty Inc.	$51.6M	— (loss-making)	— (loss-making)	−1.18% (below 0%: shrinking)	n/m	−68.45% (below 0%: shrinking)	56.71%	24.34%	Compare
Median of peers	$366.4M	43.4×	—	+2.02%	—	+21.34%	73.34%	12.50%

All 19 Reit Residential stocks →

Apartment Investment and Management Company (AIV) key facts

Apartment Investment and Management Company (AIV) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, AIV traded at $1.70, a market capitalization of $244.0 million.
Return on equity was 196.5% and debt-to-equity 1.87.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.