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Apartment Income REIT, L.P.

CIK: 926660 SIC: 6513
$793.17M
Revenue
$182.37M
Net Income
-
Gross Margin
-
Op. Margin
$217.08M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 5 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2014
(Dec 31, 2014)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $793.17M $793.17M $800.60M $984.36M $1.08B $1.14B
Revenue Growth % 0.0% -0.9% -18.7% -8.8% -5.7% nan%
Cost of Revenue - $281.00M $275.67M - - -
+ Gross Profit - $512.17M $524.93M - - -
Gross Margin % nan% 64.6% 65.6% nan% nan% nan%
Operating Expenses $661.07M $661.07M $706.79M $722.01M $913.30M $1.01B
+ Operating Income - - - $262.35M $166.29M $130.51M
Operating Margin % nan% nan% nan% 26.7% 15.4% 11.4%
Interest Expense $345.00M $345.00M $245.97M $220.97M $310.78M $312.58M
Interest Income $26.40M $26.40M $16.58M $6.88M - -
Other Income/Expense - - - $-829.00K - -
Income Before Tax $214.94M $214.94M $-358.15M $47.43M $-147.97M $-179.77M
Income Tax Expense $198.00K $198.00K $-2.30M $-20.05M $-7.17M $-18.43M
+ Net Income $182.37M $182.37M $-361.11M $309.25M $-56.61M $-75.46M
Net Margin % 23.0% 23.0% -45.1% 31.4% -5.2% -6.6%
Basic EPS nan 1.17 -2.38 nan nan nan
Diluted EPS nan 1.17 -2.38 nan nan nan
Basic Shares Outstanding -198K 151.6M 154.0M 145.6M - -
Diluted Shares Outstanding -155K 152.0M 154.0M 146.0M - -
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2014
(Dec 31, 2014)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $346.31M $616.45M $28.97M $91.07M $111.33M
Accounts Receivable - - - $41.80M $49.85M
Goodwill $32.29M $32.29M - - -
Total Assets $5.76B $6.58B $6.10B $6.87B $7.40B
Long-term Debt - $6.24B $4.14B - -
Total Liabilities $6.01B $6.55B $4.57B $5.64B $5.97B
Common Stock - - $1.46M - -
Total Stockholders Equity $-309.43M $-32.29M $1.23B $1.14B -
Total Liabilities & Equity $5.76B $6.58B $6.10B $6.87B $7.40B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2014
(Dec 31, 2014)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $220.73M $182.37M $-361.11M $309.25M $-56.61M $-75.46M
Depreciation & Amortization $312.74M $312.74M $325.36M $282.61M - -
Stock-based Compensation - - $22.93M $5.78M $5.38M $7.33M
Change in Receivables - - - - $-388.00K $-25.56M
Operating Cash Flow $217.08M $141.94M $111.14M $321.42M $258.82M $257.50M
Investing Cash Flow $720.00M $457.64M $-385.14M $13.68M $59.29M $86.60M
Stock Issued - - - - - -
Stock Repurchased - - $24.60M - - -
Dividends Paid $521.75M $332.36M $64.65M $152.00M - -
Financing Cash Flow $-1.47B $-871.67M $800.96M $-361.88M $-338.37M $-314.03M
Net Change in Cash $-535.70M $-272.09M $526.97M $-26.78M $-20.26M $30.07M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $193.55M $201.55M $597.50M $597.55M
Operating Expenses $170.51M $216.32M $499.74M $548.28M
Interest Expense $93.07M $94.60M $279.16M $161.12M
Interest Income $5.23M $4.94M $19.80M $9.03M
Income Before Tax $-61.86M $-170.35M $58.63M $-355.97M
Income Tax Expense $-277.00K $-581.00K $-13.00K $273.00K
Net Income $-62.05M $-171.43M $26.62M $-359.88M
Basic EPS -0.42 -1.12 0.15 -2.37
Basic Shares Outstanding $151.07M $153.80M $151.84M $154.14M
Diluted Shares Outstanding $151.07M $153.80M $152.12M $154.14M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $413.01M $616.45M
Goodwill $32.29M $32.29M
Total Assets $6.02B $6.58B
Total Liabilities $6.27B $6.55B
Total Stockholders Equity $-302.87M $-32.29M
Total Liabilities & Equity $6.02B $6.58B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-62.05M $-171.43M $26.62M $-359.88M
Depreciation & Amortization $78.88M $84.48M $234.67M $246.62M
Stock-based Compensation - - - $23.66M
Change in Working Capital - - $-6.95M $-42.38M
Operating Cash Flow - - $107.84M $64.98M
Investing Cash Flow - - $162.33M $-346.87M
Stock Repurchased - - - $24.60M
Dividends Paid - - $189.38M $64.65M
Financing Cash Flow - - $-473.98M $833.00M
Net Change in Cash - - $-203.81M $551.11M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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