AIV Apartment Investment & Management Co Class A

Price (delayed)

$38.63

Market cap

$5.75B

P/E Ratio

37.5

Dividend/share

$2.05

EPS

$1.03

Enterprise value

$9.89B

Sector: Real Estate
Industry: REIT - Residential
Apartment Investment & Management Co. operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.

Highlights

AIV's equity is up by 25% since the previous quarter and by 24% year-on-year
The company's debt fell by 10% QoQ but it rose by 3.6% YoY
AIV's price to earnings (P/E) is 74% higher than its 5-year quarterly average of 21.5 and 41% higher than its last 4 quarters average of 26.6
The EPS has dropped by 56% year-on-year and by 15% since the previous quarter

Key stats

What are the main financial stats of AIV
Market
Shares outstanding
148.87M
Market cap
$5.75B
Enterprise value
$9.89B
Valuations
Price to earnings (P/E)
37.5
Price to book (P/B)
2.71
Price to sales (P/S)
6.46
EV/EBIT
29.79
EV/EBITDA
13.63
EV/Sales
11.13
Earnings
Revenue
$888.85M
EBIT
$331.93M
EBITDA
$725.49M
Free cash flow
-$518.54M
Per share
EPS
$1.03
Free cash flow per share
-$3.49
Book value per share
$14.25
Revenue per share
$5.98
TBVPS
$47.41
Balance sheet
Total assets
$7.04B
Total liabilities
$4.82B
Debt
$4.41B
Equity
$2.12B
Working capital
N/A
Liquidity
Debt to equity
2.08
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.7
Margins
EBITDA margin
81.6%
Gross margin
65.3%
Net margin
17.4%
Operating margin
13.3%
Efficiency
Return on assets
2.2%
Return on equity
8.4%
Return on invested capital
2.9%
Return on capital employed
N/A
Return on sales
37.3%
Dividend
Dividend yield
5.31%
DPS
$2.05
Payout ratio
199%

AIV stock price

How has the Apartment Investment & Management stock price performed over time
Intraday
27.28%
1 week
21.86%
1 month
21.1%
1 year
-28.16%
YTD
-25.21%
QTD
14.56%

Financial performance

How have Apartment Investment & Management's revenue and profit performed over time
Revenue
$888.85M
Gross profit
$580.42M
Operating income
$118M
Net income
$154.48M
Gross margin
65.3%
Net margin
17.4%
AIV's net income has dropped by 56% year-on-year and by 15% since the previous quarter
The company's net margin has shrunk by 54% YoY and by 13% QoQ
AIV's operating income is down by 37% YoY and by 17% QoQ
AIV's operating margin is down by 34% YoY and by 16% from the previous quarter

Growth

What is Apartment Investment & Management's growth rate over time

Valuation

What is Apartment Investment & Management stock price valuation
P/E
37.5
P/B
2.71
P/S
6.46
EV/EBIT
29.79
EV/EBITDA
13.63
EV/Sales
11.13
AIV's price to earnings (P/E) is 74% higher than its 5-year quarterly average of 21.5 and 41% higher than its last 4 quarters average of 26.6
The EPS has dropped by 56% year-on-year and by 15% since the previous quarter
AIV's price to book (P/B) is 31% lower than its 5-year quarterly average of 3.9 and 18% lower than its last 4 quarters average of 3.3
AIV's equity is up by 25% since the previous quarter and by 24% year-on-year
The P/S is 6% lower than the 5-year quarterly average of 6.9
The company's revenue fell by 3% YoY

Efficiency

How efficient is Apartment Investment & Management business performance
Apartment Investment & Management's return on assets has shrunk by 59% YoY and by 15% QoQ
Apartment Investment & Management's return on equity has shrunk by 56% YoY and by 20% QoQ
Apartment Investment & Management's return on invested capital has decreased by 43% YoY and by 6% QoQ
The return on sales has declined by 35% year-on-year and by 3.4% since the previous quarter

Dividends

What is AIV's dividend history
DPS
$2.05
Dividend yield
5.31%
Payout ratio
199%
Recent dividends

Financial health

How did Apartment Investment & Management financials performed over time
The total assets is 46% greater than the total liabilities
AIV's total liabilities is down by 8% from the previous quarter but it is up by 3.6% YoY
The company's debt is 108% higher than its equity
The debt to equity is down by 28% since the previous quarter and by 16% year-on-year
AIV's equity is up by 25% since the previous quarter and by 24% year-on-year

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