Apartment Income REIT Corp. (AIRC)

Jun 28, 2024 - AIRC was delisted (reason: acquired by Blackstone)

39.08

-0.01 (-0.03%)

Inactive · Last trade price on Jun 27, 2024

Apartment Income REIT Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	803.85	820.04	773.72	740.85	719.56	770.6
Revenue Growth	-0.05%	5.99%	4.44%	2.96%	-6.62%	-8.29%
Gross Profit	535.73	544.2	512.46	472.75	470.52	509.36
Operating Income	147.07	150.23	127.5	107.21	-17.94	125.73
Net Income	639.33	634.44	903.64	447.12	-104.33	466.14
Earnings Per Share	4.29	4.27	5.81	2.89	-0.85	3.90
EPS Growth	29.22%	-26.51%	101.04%	-	-	-27.37%

Cash & Debt

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Investments	114.74	117.49	301.41	92.76	73.48	166.54
Total Debt	3,349	3,210	3,642	3,743	4,243	4,013
Net Cash (Debt)	-3,234	-3,093	-3,340	-3,651	-4,170	-3,846
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-22.38	-20.59	-21.33	-23.63	-34.05	-32.18

Cash Flow & CapEx

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Cash Flow	358.41	370.4	420.56	332.96	276.65	374.47
Capital Expenditures	-431.38	-536.15	-1,068	-543.73	-480.1	-549.36
Free Cash Flow	-72.97	-165.75	-647.11	-210.77	-203.45	-174.89
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Gross Margin	66.65%	66.36%	66.23%	63.81%	65.39%	66.10%
Operating Margin	18.30%	18.32%	16.48%	14.47%	-2.49%	16.32%
Pretax Margin	79.93%	77.74%	117.40%	59.71%	-1.21%	61.56%
Profit Margin	79.53%	77.37%	116.79%	60.35%	-14.50%	60.49%
FCF Margin	-9.08%	-20.21%	-83.64%	-28.45%	-28.27%	-22.69%

Dividends

Fiscal Year	Current	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 10, 2026	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.350	1.350	1.800	1.740
Dividend Per Share Growth	0%	-25.00%	3.45%	-
Dividend Yield	3.45%	3.90%	5.20%	3.20%

Valuation

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Oct '26 Oct 10, 2026	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
PE Ratio	9.11	8.05	5.69	19.20	-	-
PS Ratio	7.05	6.23	6.65	11.58	6.67	-