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Apartment Investment and Management Company

AIVReal EstateNASDAQ

REIT - Residential · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$138.5M
+0.6% YoY
Net Income
$554.0M
+640.7% YoY
EBITDA
$101.9M
+7958.5% YoY
Free Cash Flow
-$36.3M

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About Apartment Investment and Management Company

Apartment Investment and Management Company is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. At a $617.1M market cap, Apartment Investment and Management Company ranks as a small-cap company within real estate.

Key stats
Market Cap$617.1M
P/E (TTM)22.58
Fwd P/E-9.53
EPS$0.19
Beta1.20
52W Change-47.6%
ROE9.7%
Analysis

On the balance sheet, AIV has $394.9M in cash with $870.7M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$36.3M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 9.7%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been uneven over recent years, ranging from $190.3M to $138.5M.

Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Apartment Investment and Management Company's trajectory.

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