Apartment Income REIT Corp. financial data

Symbol
AIRC on NYSE
Industry
Real Estate Investment Trusts
Location
4582 S. Ulster Street, Suite 1700, Denver, Colorado
State of incorporation
Maryland
Fiscal year end
December 31
Former names
AIMCO-LP, Inc. (to 9/30/2020)
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 163 % -19%
Return On Equity 25.9 % +13%
Return On Assets 10.2 % +29.4%
Operating Margin 16.5 % +13.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 145 M shares -2.75%
Common Stock, Shares, Outstanding 145 M shares -2.75%
Entity Public Float 5.4 B USD -15.6%
Common Stock, Value, Issued 1.45 M USD -2.75%
Weighted Average Number of Shares Outstanding, Basic 145 M shares -2.86%
Weighted Average Number of Shares Outstanding, Diluted 145 M shares -2.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 804 M USD -0.07%
Cost of Revenue 261 M USD -2.55%
General and Administrative Expense 28.7 M USD +12.3%
Operating Income (Loss) 128 M USD +18.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 698 M USD +23.8%
Income Tax Expense (Benefit) 2.61 M USD -43.8%
Net Income (Loss) Attributable to Parent 640 M USD +23.8%
Earnings Per Share, Basic 4.32 USD/shares +27.8%
Earnings Per Share, Diluted 4.3 USD/shares +28.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 87.8 M USD -2.68%
Operating Lease, Right-of-Use Asset 115 M USD -8.95%
Goodwill 32.3 M USD 0%
Assets 6.2 B USD -5.69%
Liabilities 3.65 B USD -14.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 20.5 M USD -29.6%
Stockholders' Equity Attributable to Parent 2.28 B USD +10.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.47 B USD +10.5%
Liabilities and Equity 6.2 B USD -5.69%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 76.9 M USD -13.5%
Net Cash Provided by (Used in) Financing Activities 33.7 M USD
Net Cash Provided by (Used in) Investing Activities -113 M USD +40.7%
Common Stock, Shares Authorized 1.02 B shares 0%
Common Stock, Shares, Issued 145 M shares -2.75%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.75 M USD +98.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 115 M USD -0.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 128 M USD +12.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 136 M USD +0.83%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 631 M USD +15.5%
Lessee, Operating Lease, Liability, to be Paid 1.75 B USD -0.45%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.08 M USD +0.39%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.05 M USD +2.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.61 B USD -0.55%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.39 M USD +3.79%
Deferred Federal Income Tax Expense (Benefit) 102 K USD -64.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.34 M USD -0.55%
Additional Paid in Capital 3.29 B USD -4.29%
Current State and Local Tax Expense (Benefit) 952 K USD -66.1%
Current Federal Tax Expense (Benefit) 1.35 M USD +78.4%
Share-based Payment Arrangement, Expense 8.87 M USD +18.9%
Deferred State and Local Income Tax Expense (Benefit) 24 K USD -65.2%
Interest Expense 129 M USD -1.37%