SequelSEC

APARTMENT INVESTMENT & MANAGEMENT CO AIV

Real Estate Investment Trusts · CIK 0000922864 · Fiscal year ends 1231

Revenue
$112.87M
Fiscal year ended 2025-12-31
Operating income
Unavailable
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$1.20BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$8.34Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income2.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue8.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity3.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

2.2× earnings today, against a median of 18.6× across 6 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$1.20B2.2×
2022-06-30$1.00B13.4×
2019-06-30$7.40B24342.1×
2018-06-30$6.60B2035.2×
2017-06-30$6.70B21.2×
2016-06-30$6.90B16.0×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Real Estate Investment Trusts filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Net margin395.1%99th
SBC / revenue4.3%87th
Revenue YoY growth0.6%38th
Long-term debt / equity1.16x55th

APARTMENT INVESTMENT & MANAGEMENT CO (AIV) reported revenue of $112.87M and net income of $547.16M for the fiscal year ended 2025-12-31. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from APARTMENT INVESTMENT & MANAGEMENT CO’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.

Income

APARTMENT INVESTMENT & MANAGEMENT CO income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Revenue$112.87M
Cost of revenueUnavailable
Gross profitUnavailable
Operating incomeUnavailable
Net income$547.16M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income-$10.18M
Income tax expense-$57.60M
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrative$34.02M
Selling & marketingUnavailable

Balance

APARTMENT INVESTMENT & MANAGEMENT CO balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Cash & equivalents$394.89M
Total assets$1.68B
Current assetsUnavailable
Total liabilities$1.12B
Current liabilitiesUnavailable
Total equity incl. NCI$394.59M
Temporary (mezzanine) equity$20.00M
InventoryUnavailable
Accounts receivable$13.78M
GoodwillUnavailable
Long-term debt$457.32M
Accounts payableUnavailable

Cash flow

APARTMENT INVESTMENT & MANAGEMENT CO cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Operating cash flow$8.09M
Capital expendituresUnavailable
Investing cash flow$874.97M
Financing cash flow-$648.82M
Net change in cashUnavailable
Stock-based compensation$5.90M
Common dividends paid$415.56M
Common share repurchases$256.00K
Depreciation & amortization$58.00M

Derived

APARTMENT INVESTMENT & MANAGEMENT CO derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Free cash flowUnavailable
Gross marginUnavailable
Operating marginUnavailable
FCF marginUnavailable
SBC / revenue5.2%
Current ratioUnavailable
Revenue YoY growth-34.7%
Net margin484.8%
R&D / revenueUnavailable
CapEx / revenueUnavailable
Long-term debt / equity1.16x
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AIV in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-02View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-08View SEC filing
10-K · Filed 2025-02-24View SEC filing

Companies in the same industry

Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2025-12-31

Difference 138292000 exceeds tolerance 1675733.000. Presentation or filing-vintage differences need review.