Stocktoria

APARTMENT INVESTMENT & MANAGEMENT CO AIV

NYSE · reit · Real Estate Investment Trusts · website · IPO 1994-07-22

APARTMENT INVESTMENT & MANAGEMENT CO statistics & valuation

Market cap$431.6M
P / E0.8×
P / S3.1×
P / B1.1×
Net margin395.1%
Return on equity138.7%
Net debt$62.4M
Enterprise value USD$494.0M
Graham number +615.9%$15.61

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($15.61); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
43.20% 31.40% 2.50% 0.20% -3.30% -3.50% 39.20% -138.60% -75.50% 395.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
24.80% 19.30% 10.50% -9.50% -9.20% 62.30% 94.50% 85.50% 2016201720182019202020212022202320242025
Return on equity (%)
22.10% 19.00% 0.20% 0.10% -0.90% -1.10% 11.90% -39.60% -61.40% 138.70% 2016201720182019202020212022202320242025
Shares outstanding
156.9M 157.2M 148.6M 148.6M 149.0M 149.8M 146.5M 143.6M 138.5M 141.1M 2016201720182019202020212022202320242025
Net debt ($)
$3.84B $4.04B $553.5M $692.5M $947.5M $841.7M $1.03B $688.6M $62.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.90% 5.20% 0.10% 0.00% -0.30% -0.20% 3.40% -8.00% -5.30% 32.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
2.01× 2.40× 1.09× 1.76× 2.10× 1.68× 2.73× 4.90× 1.16× 2016201720182019202020212022202320242025
EPS ($)
$2.67 $2.02 $0.02 $0.00 -$0.03 -$0.04 $3.87 -$1.16 -$0.75 $3.87 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

APARTMENT INVESTMENT & MANAGEMENT CO trades at about 0.6× earnings — below its 10-year norm (10-year range 1.5×–330.1×, median 2.6×).

0.6× 330.1×

Shaded band = 10-year range (1.5×–330.1×); dot = today's 0.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin—85.5%94.5%62.3%-9.2%-9.5%10.5%—19.3%24.8%
Net margin395.1%-75.5%-138.6%39.2%-3.5%-3.3%0.2%2.5%31.4%43.2%
Return on assets32.7%-5.3%-8.0%3.4%-0.2%-0.3%0.0%0.1%5.2%6.9%
Return on equity138.7%-61.4%-39.6%11.9%-1.1%-0.9%0.1%0.2%19.0%22.1%
Debt / equity1.16×4.90×2.73×1.68×2.10×1.76×1.09×2.40×—2.01×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.