ES
MARKETS / NYSE / AIV
NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Apartment Investment and Management Company AIV

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$7.6M
▲ 13.4% vs FY2024
EPS · FY25
$3.87
Dividend / sh · FY25
$2.83
Payout · FY25
76%
ROE · FY25
225.7%
Net margin · FY25
7199.5%
Dividend coverage
1.4×
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Result
USD 7.6M
Revenue, FY2025 · full 18-year series below
Revenue Net income
0.40.81.20.00.52008201120142017202020232025
0.40.81.20.00.52016201920222025

7199 cents of every revenue dollar became profit this year.

Per share
USD 3.87
Diluted EPS, FY2025
EPS Dividend
2040602.833.872008201120142017202020232025
2040602.833.872016201920222025

Earnings covered the dividend 1.4 times — the rest stayed in the company.

Profitability
225.7%
Return on equity, FY2025
ROE
80160240225.7%2008201120142017202020232025
80160240225.7%2016201920222025
Operating margin-208.5%
Net margin7199.5%
Return on assets30.1%

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

Returned to shareholders
USD 415.8M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 415.6M
Net buybacksUSD 256,000.00
Share of profit76.0%
Consecutive raises—

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

Growth
−45.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−45.0%
−38.5%
−27.6%
Net income
+94.3%
+8.2%
EPS, diluted
+0.0%
+9.8%
Dividend / share
+421.1%
−43.1%
+9.1%
+16.1%
Returned to shareholders
+150.2%
+8.5%
+15.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.14B
Shares outstanding, FY2025
0.120.142008201120142017202020232025
0.160.142016201920222025
Change, 5 years−6.0%
Change, 10 years−10.3%

The share count shrank 6% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 1.7B
total assets, end of FY2025
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.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
0.0
0.0
0.0
0.0
0.2
0.2
0.1
0.1
1.0
1.0
1.0
1.0
1.0
1.0
0.9
1.0
1.0
1.2
Operating income $B
−0.0
−0.1
−0.2
0.1
−0.0
−0.0
0.0
0.0
0.3
0.5
0.3
0.3
0.2
0.2
0.1
0.1
0.1
0.0
EBITDA $B
·
·
·
·
·
·
·
·
0.7
0.8
0.6
0.5
0.5
0.5
·
·
·
·
Income tax $B
−0.1
−0.0
−0.0
0.0
−0.0
−0.0
−0.0
0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.1
Net income $B
0.5
−0.1
−0.2
0.1
−0.0
−0.0
0.0
0.0
0.3
0.4
0.2
0.3
0.2
0.1
−0.1
−0.1
−0.1
0.4
EPS, diluted $
3.87
−0.75
−1.16
3.87
−0.04
−0.03
0.00
0.02
2.02
2.67
1.52
2.06
1.40
0.61
−0.86
−1.08
−1.00
·
Dividend / sh $
2.83
0.00
0.00
0.02
·
47.50
3.19
1.52
1.44
1.32
1.18
1.04
0.96
0.76
0.48
0.30
0.40
7.48
Payout %
76
·
·
4
·
·
79371
7324
71
48
74
49
68
79
−101
−65
−148
52
ROE %
225.7
−44.0
−37.0
14.2
−1.2
−1.0
0.0
0.2
18.3
25.2
17.5
28.2
22.0
14.5
−5.8
−6.3
−5.2
·
Shares out B
0.14
0.14
0.14
0.15
0.15
0.15
0.00
0.14
0.16
0.16
0.16
0.15
0.15
0.15
0.12
0.12
0.12
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
34 of 34
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed