Apartment Income REIT Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	Current	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	5,671	5,105	5,144	8,582	4,801	-
Market Cap Growth	-11.87%	-0.76%	-40.06%	78.75%	-	-
Enterprise Value	8,905	8,198	8,484	12,233	8,971	3,846
PE Ratio	9.11	8.05	5.69	19.20	-46.02	-
PS Ratio	7.05	6.23	6.65	11.58	6.67	-
PB Ratio	2.49	2.17	2.38	4.73	3.67	-
P/FCF Ratio	-64.49	-30.80	-7.95	-40.72	-23.60	-
P/OCF Ratio	15.82	13.78	12.23	25.78	17.36	-
EV/Sales Ratio	11.08	10.00	10.97	16.51	12.47	4.99
EV/EBITDA Ratio	8.11	7.39	6.17	13.72	16.86	3.85
EV/EBIT Ratio	11.55	10.69	8.28	21.39	64.84	6.22
EV/FCF Ratio	-108.81	-49.46	-13.11	-58.04	-44.09	-21.99
Debt / Equity Ratio	1.47	1.37	1.69	2.06	3.25	2.25
Debt / EBITDA Ratio	3.05	2.89	2.65	4.20	7.98	4.02
Debt / FCF Ratio	-45.90	-19.37	-5.63	-17.76	-20.86	-22.95
Asset Turnover	0.13	0.13	0.12	0.12	0.11	-
Interest Coverage	5.99	5.92	8.80	4.42	0.94	4.29
Return on Equity (ROE)	28.00%	28.50%	42.80%	28.70%	-6.80%	-
Return on Assets (ROA)	10.20%	9.90%	13.90%	7.00%	-1.60%	-
Return on Capital (ROIC)	2.60%	2.69%	2.19%	1.95%	-0.32%	2.17%
Earnings Yield	11.27%	12.43%	17.57%	5.21%	-2.17%	-
FCF Yield	-1.29%	-3.25%	-12.58%	-2.46%	-4.24%	-
Dividend Yield	3.45%	3.90%	5.20%	3.20%	0.00%	-
Payout Ratio	31.47%	31.50%	30.70%	60.00%	0.00%	0.00%
Buyback Yield / Dilution	2.86%	4.07%	-1.35%	-26.18%	-2.44%	2.22%
Total Shareholder Return	6.32%	7.97%	3.85%	-22.98%	-2.44%	2.22%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).