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Apartment Investment & Management Co cash flow statement

In fiscal 2025, Apartment Investment & Management Co's operations generated $8.1m of cash; it spent $99.6m on capital projects, leaving free cash flow of −$91.5m. It returned $416m in dividends and $256,000 through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Apartment Investment & Management Co: cash flow statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJan 2026
Cash from operations2342582593173263213603773925358481320450478—
Depreciation and amortisation428426—32529228330633336649647885159587758—
Stock-based pay77556678898157966—
Capital spending——200270350367367347358383924178238272160100—
Free cash flow——5847−25−46−73034161924−165−33−222−113−92—
Free cash flow after stock pay——5342−30−52−14222671023−170−41−231−120−97—
Dividends paid954758104140152184206225238241——3——416—
Share buybacks———————0037421——2347390—
Shares issued—14725940036700—————————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Apartment Investment & Management Co's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apartment Investment & Management Co.