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NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Apartment Investment & Management Co. AIV

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$138.5M
▲ 0.6% YoY
$547.2M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Aimco, a Maryland corporation is a self-administered and self-managed REIT. On December 15, 2020, Aimco completed the Separation, creating two separate and distinct, publicly traded companies, Aimco and AIR. Aimco, through a wholly-owned subsidiary, is the general partner and directly is the special limited partner of Aimco Operating Partnership, a Delaware Limited Partnership. Aimco conducts all of its business and owns all of its assets through Aimco Operating Partnership. On November 10, 2025, the board of directors of Aimco (the “Board”) approved a plan of sale and liquidation (the “Plan of Sale and Liquidation”), which contemplates the sale or disposition of all the Company’s assets, the wind-down of the Company’s business and affairs and the termination of the Company’s existence by voluntary dissolution in accordance with the Maryland General Corporation Law (the “MGCL”), and directed that the Plan of Sale and Liquidation be submitted for approval to the Company’s stockholders. Many developers, managers, and owners of apartment real estate and underdeveloped land, as well as REITs, private real estate companies, and investors competed with us in acquiring, developing, obtaining financing for, and disposing of apartment communities. This competition affected our ability to realize our real estate development and transactional objectives. Apartment development is subject to various laws, ordinances, and regulations, including those concerning entitlement, building, health and safety, site and building design, environment, zoning, and sales, and similar matters apply to or affect the real estate development industry. As of December 31, 2025, we had 50 full-time teammates performing asset management, development or transactional services and managing corporate and area functions. None of our employees are represented by labor unions.

Written from the business description in Apartment Investment and Management Company's annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth

USD 138.5M
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.1 · Net income 0.5
0.5B1.0B-0.1B-0.2B
2008201120142017202020232025
Compound annual growth
−10.1%
−1.8%
−17.8%
−12.1%
+94.3%
+8.2%
+0.0%
+150.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −1.8% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

428 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -11.4% · Net 428.2%
200%400%-50%-100%-150%
200820162025
ROE
FY2025 · ROE 225.7%
100%200%-20%-40%
200820162025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 226 cents of profit this year.

Cash & shareholders

USD 415.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2012 · FCF 46.6
30M60M-100M-200M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 415.6 · Net buybacks 0.3
250.0M500.0MDividendsNet buybacks
200820102012201420162018202220242025

USD 415.6M in dividends and USD 256,000.00 in buybacks — 76% of the year's profit went back to shareholders.

Total assetsUSD 1.7B
EquityUSD 361.9M
CashUSD 394.9M
Gross debtUSD 738.6M
Net debtUSD 343.7M

Net debt stands at 95% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
AIV, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B0.10.10.10.20.20.20.10.11.01.01.01.01.01.00.91.01.01.2
Operating income $B−0.0−0.1−0.20.1−0.0−0.00.00.00.30.50.30.30.20.20.10.10.10.0
EBITDA $B◌◌◌◌◌◌◌◌0.70.80.60.50.50.5◌◌◌◌
Income tax $B−0.1−0.0−0.00.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.1
Net income $B0.5−0.1−0.20.1−0.0−0.00.00.00.30.40.20.30.20.1−0.1−0.1−0.10.4
Free cash flow $B◌◌◌◌◌◌◌◌◌◌◌◌◌0.00.10.1−0.1−0.2
EPS, diluted $3.87−0.75−1.163.87−0.04−0.030.000.022.022.671.522.061.400.61−0.86−1.08−1.00◌
Dividend / sh $2.830.000.000.02◌47.503.191.521.441.321.181.040.960.760.480.300.407.48
Payout %76——4——793717324714874496879−101−65−14852
ROE %225.7−44.0−37.014.2−1.2−1.00.00.218.325.217.528.222.014.5−5.8−6.3−5.2◌
Shares out B0.140.140.140.150.150.150.000.140.160.160.160.150.150.150.120.120.12◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 51 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2009. Two checks were skipped: cost of revenue is not tagged before 2009. Two checks were skipped: EPS is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2008

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