AIRC Apartment Income REIT Corp

Price (delayed)

$41.36

Market cap

$6.5B

P/E Ratio

8.71

Dividend/share

$1.78

EPS

$4.75

Enterprise value

$9.75B

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 net income has soared by 65% since the previous quarter
AIRC's EPS has surged by 64% since the previous quarter

Key stats

What are the main financial stats of AIRC
Market
Shares outstanding
157.1M
Market cap
$6.5B
Enterprise value
$9.75B
Valuations
Price to earnings (P/E)
8.71
Price to book (P/B)
3.07
Price to sales (P/S)
8.69
EV/EBIT
11.52
EV/EBITDA
8.3
EV/Sales
13.07
Earnings
Revenue
$745.92M
EBIT
$846.12M
EBITDA
$1.18B
Free cash flow
-$187.66M
Per share
EPS
$4.75
Free cash flow per share
-$1.2
Book value per share
$13.48
Revenue per share
$4.76
TBVPS
$40.01
Balance sheet
Total assets
$6.3B
Total liabilities
$3.96B
Debt
$3.36B
Equity
$2.12B
Working capital
N/A
Liquidity
Debt to equity
1.59
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.77
Margins
EBITDA margin
157.5%
Gross margin
64.2%
Net margin
99.3%
Operating margin
13.5%
Efficiency
Return on assets
11.6%
Return on equity
42.1%
Return on invested capital
8.3%
Return on capital employed
N/A
Return on sales
113.4%
Dividend
Dividend yield
4.3%
DPS
$1.78
Payout ratio
37.5%

AIRC stock price

How has the Apartment Income REIT stock price performed over time
Intraday
0.12%
1 week
2.83%
1 month
-5.81%
1 year
-14.16%
YTD
-24.35%
QTD
-22.63%

Financial performance

How have Apartment Income REIT's revenue and profit performed over time
Revenue
$745.92M
Gross profit
$479.2M
Operating income
$101.06M
Net income
$740.49M
Gross margin
64.2%
Net margin
99.3%
The net income has soared by 65% since the previous quarter
The net margin has soared by 64% from the previous quarter
The operating margin has contracted by 7% from the previous quarter
Apartment Income REIT's operating income has decreased by 6% QoQ

Growth

What is Apartment Income REIT's growth rate over time

Valuation

What is Apartment Income REIT stock price valuation
P/E
8.71
P/B
3.07
P/S
8.69
EV/EBIT
11.52
EV/EBITDA
8.3
EV/Sales
13.07
AIRC's EPS has surged by 64% since the previous quarter
AIRC's equity has surged by 60% year-on-year and by 17% since the previous quarter
The P/B is 33% lower than the last 4 quarters average of 4.6
AIRC's price to sales (P/S) is 20% lower than its last 4 quarters average of 10.9
AIRC's revenue is up by 5% year-on-year

Efficiency

How efficient is Apartment Income REIT business performance
AIRC's ROA has soared by 66% QoQ
The return on invested capital has surged by 51% since the previous quarter
AIRC's return on sales is up by 47% since the previous quarter
AIRC's ROE is up by 47% from the previous quarter

Dividends

What is AIRC's dividend history
DPS
$1.78
Dividend yield
4.3%
Payout ratio
37.5%
Recent dividends

Financial health

How did Apartment Income REIT financials performed over time
The total assets is 59% higher than the total liabilities
The total liabilities has contracted by 20% YoY and by 10% from the previous quarter
The total assets has decreased by 2.1% QoQ
The debt is 59% more than the equity
AIRC's equity has surged by 60% year-on-year and by 17% since the previous quarter
AIRC's debt to equity has dropped by 51% year-on-year and by 23% since the previous quarter

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