Apartment Investment & Management Co income statement
In fiscal 2025, Apartment Investment & Management Co reported revenue of $138m, up 0.6% on the year before and net income of $547m, or $3.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,048 | 959 | 914 | 959 | 974 | 984 | 981 | 996 | 1,005 | 132 | 144 | 151 | 170 | 190 | 120 | 138 | 138 | 99 |
| General and administrative | 57 | 53 | 51 | 50 | 46 | 44 | 46 | 47 | 44 | 6 | 7 | 10 | 33 | 40 | 33 | 33 | 34 | — |
| Operating income | 82 | 103 | 135 | 179 | 249 | 262 | 256 | 247 | 194 | — | 15 | −14 | −16 | 119 | 113 | 118 | — | — |
| Interest expense | 297 | 277 | 272 | 229 | 237 | 221 | 200 | 196 | 195 | 20 | 19 | 28 | 53 | 74 | 27 | 59 | 59 | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 23 | — |
| Income before tax | −218 | −178 | −142 | −20 | 33 | 47 | 64 | 464 | 316 | 4 | −3 | −16 | −19 | 109 | −194 | −135 | −16 | −4 |
| Income tax | −20 | −17 | −6 | −1 | −2 | −20 | −28 | −19 | −31 | 0 | −3 | −10 | −14 | 17 | −13 | −11 | −58 | — |
| Net income | −64 | −72 | −57 | 132 | 207 | 309 | 249 | 430 | 316 | 3 | 0 | −5 | −6 | 75 | −166 | −104 | 547 | 553 |
| Diluted EPS | −$1.00 | −$1.08 | −$0.86 | $0.61 | $1.40 | $2.06 | $1.52 | $2.67 | $2.02 | $0.02 | $0.00 | −$0.03 | −$0.04 | $3.87 | −$1.16 | −$0.75 | $3.87 | $3.90 |
| Diluted shares (average) | 114m | 116m | 119m | 134m | 146m | 146m | 156m | 156m | 152m | 149m | 149m | 149m | 149m | 141m | 144m | 138m | 141m | 142m |
| EBITDA | 510 | 529 | — | 504 | 541 | 545 | 563 | 580 | 560 | — | 79 | 64 | 69 | 278 | 171 | 195 | — | — |
| Quarter | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 35 | 36 | 23 | 23 | 35 | 35 | 6 |
| General and administrative | 8 | 8 | 9 | 8 | 8 | 8 | 11 | — |
| Operating income | 29 | 18 | 66 | 10 | 30 | 18 | — | 2 |
| Interest expense | 17 | 16 | 18 | 12 | 12 | 14 | 15 | — |
| Income before tax | −63 | −31 | −18 | −21 | −20 | −79 | 102 | −7 |
| Income tax | −2 | −4 | −2 | −0 | 6 | −0 | −63 | — |
| Net income | −61 | −22 | −11 | −14 | −19 | 283 | 297 | −8 |
| Diluted EPS | −$0.43 | −$0.16 | −$0.08 | −$0.10 | −$0.14 | $2.04 | $2.07 | −$0.05 |
| EBITDA | 51 | 39 | 85 | 22 | 42 | 34 | — | — |
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