AIRC Apartment Income REIT Corp

  1. Stocks
  2. Real Estate
  3. NYSE: AIRC

Price (delayed)

$33.52

Market cap

$5B

P/E Ratio

5.72

Dividend/share

$1.8

EPS

$5.86

Enterprise value

$8.34B

Apartment Income REIT Corp. (AIR) is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. ...

Highlights
The price to earnings (P/E) is 25% less than the last 4 quarters average of 7.6
AIRC's equity is up by 19% year-on-year and by 6% since the previous quarter
AIRC's EPS has surged by 102% year-on-year but it is down by 3.6% since the previous quarter
The net income has soared by 102% year-on-year but it is down by 4.6% since the previous quarter
Sector: Real Estate
Industry: REIT - Residential
Website: http://www.aircommunities.com
Peers: MGRC MAA

Key stats

What are the main financial stats of AIRC
Market
Shares outstanding
149.1M
Market cap
$5B
Enterprise value
$8.34B
Valuations
Price to earnings (P/E)
5.72
Price to book (P/B)
2.33
Price to sales (P/S)
6.68
EV/EBIT
8.14
EV/EBITDA
6.06
EV/Sales
10.78
Earnings
Revenue
$773.72M
EBIT
$1.02B
EBITDA
$1.38B
Free cash flow
-$647.11M
Per share
EPS
$5.86
Free cash flow per share
-$4.2
Book value per share
$14.38
Revenue per share
$5.02
TBVPS
$42.31
Balance sheet
Total assets
$6.55B
Total liabilities
$4.16B
Debt
$3.64B
Equity
$2.16B
Working capital
N/A
Liquidity
Debt to equity
1.69
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.43
Margins
EBITDA margin
177.8%
Gross margin
66.2%
Net margin
116.9%
Operating margin
16.5%
Efficiency
Return on assets
13.9%
Return on equity
42.8%
Return on invested capital
10.4%
Return on capital employed
N/A
Return on sales
132.5%
Dividend
Dividend yield
5.37%
DPS
$1.8
Payout ratio
30.7%

AIRC stock price

How has the Apartment Income REIT stock price performed over time
Intraday
2.2%
1 week
-1.64%
1 month
-12.71%
1 year
-36.03%
YTD
-2.3%
QTD
-2.3%

Financial performance

How have Apartment Income REIT's revenue and profit performed over time
Revenue
$773.72M
Gross profit
$512.46M
Operating income
$127.5M
Net income
$904.43M
Gross margin
66.2%
Net margin
116.9%
The net income has soared by 102% year-on-year but it is down by 4.6% since the previous quarter
The net margin has soared by 94% YoY but it has contracted by 6% from the previous quarter
Apartment Income REIT's operating income has increased by 19% YoY and by 17% QoQ
The operating margin has grown by 15% from the previous quarter and by 14% YoY

Growth

What is Apartment Income REIT's growth rate over time

Valuation

What is Apartment Income REIT stock price valuation
P/E
5.72
P/B
2.33
P/S
6.68
EV/EBIT
8.14
EV/EBITDA
6.06
EV/Sales
10.78
AIRC's EPS has surged by 102% year-on-year but it is down by 3.6% since the previous quarter
The price to earnings (P/E) is 25% less than the last 4 quarters average of 7.6
The P/B is 25% lower than the last 4 quarters average of 3.1
AIRC's equity is up by 19% year-on-year and by 6% since the previous quarter
AIRC's price to sales (P/S) is 22% lower than its last 4 quarters average of 8.6
AIRC's revenue is up by 4.4% year-on-year

Efficiency

How efficient is Apartment Income REIT business performance
AIRC's ROA has soared by 99% YoY but it is down by 4.8% QoQ
The return on invested capital has surged by 89% year-on-year but it has declined by 2.8% since the previous quarter
AIRC's return on sales has surged by 72% year-on-year but it is down by 4.3% since the previous quarter
AIRC's ROE is up by 49% YoY but it is down by 8% from the previous quarter

Dividends

What is AIRC's dividend history
DPS
$1.8
Dividend yield
5.37%
Payout ratio
30.7%
Recent dividends

Financial health

How did Apartment Income REIT financials performed over time
The total assets is 58% higher than the total liabilities
The total liabilities has contracted by 7% from the previous quarter and by 6% YoY
The total assets has decreased by 2.5% QoQ
The debt is 69% more than the equity
AIRC's equity is up by 19% year-on-year and by 6% since the previous quarter
AIRC's debt to equity is down by 18% year-on-year and by 7% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.