See more : Insurance Australia Group Limited (IAUGF) Income Statement Analysis – Financial Results
Complete financial analysis of Apartment Income REIT Corp. (AIRC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Apartment Income REIT Corp., a leading company in the REIT – Residential industry within the Real Estate sector.
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Apartment Income REIT Corp. (AIRC)
About Apartment Income REIT Corp.
AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country's largest owners and operators of apartments, with 99 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 820.04M | 773.72M | 740.85M | 719.56M | 914.29M | 972.41M | 1.01B | 995.85M | 981.31M | 984.36M | 974.05M | 1.03B | 1.08B | 1.14B | 1.20B | 1.46B | 1.72B | 1.69B | 1.52B | 1.47B | 1.52B | 1.51B | 1.46B | 1.10B | 577.37M | 401.24M | 206.94M | 108.88M | 77.60M | 28.20M |
| Cost of Revenue | 618.43M | 261.26M | 268.10M | 254.99M | 311.22M | 328.82M | 354.38M | 356.76M | 365.25M | 380.63M | 380.01M | 414.23M | 460.40M | 524.67M | 539.81M | 26.77M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 201.61M | 512.46M | 472.75M | 464.57M | 603.07M | 643.59M | 651.06M | 639.09M | 616.06M | 603.74M | 594.04M | 618.96M | 619.19M | 620.27M | 655.95M | 1.43B | 1.72B | 1.69B | 1.52B | 1.47B | 1.52B | 1.51B | 1.46B | 1.10B | 577.37M | 401.24M | 206.94M | 108.88M | 77.60M | 28.20M |
| Gross Profit Ratio | 24.59% | 66.23% | 63.81% | 64.56% | 65.96% | 66.18% | 64.75% | 64.18% | 62.78% | 61.33% | 60.99% | 59.91% | 57.35% | 54.18% | 54.86% | 98.16% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.84 | 1.26 | 0.63 | -0.03 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 25.49M | 24.94M | 18.59M | 40.42M | 47.04M | 46.27M | 43.66M | 44.94M | 43.18M | 44.20M | 45.71M | 49.60M | 50.95M | 53.37M | 69.57M | 99.04M | 89.25M | 101.70M | 92.92M | 78.09M | 28.82M | 20.34M | 18.53M | 18.12M | 13.11M | 14.65M | 5.40M | 1.51M | 1.80M | 1.70M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 25.49M | 24.94M | 18.59M | 40.42M | 47.04M | 46.27M | 43.66M | 44.94M | 43.18M | 44.20M | 45.71M | 49.60M | 50.95M | 53.37M | 69.57M | 99.04M | 89.25M | 101.70M | 92.92M | 78.09M | 28.82M | 20.34M | 18.53M | 18.12M | 13.11M | 14.65M | 5.40M | 1.51M | 1.80M | 1.70M |
| Other Expenses | -34.64M | 360.02M | 346.96M | 394.80M | 399.26M | 77.00K | 7.69M | 6.07M | 387.00K | -829.00K | 299.31M | 360.85M | 378.04M | 426.06M | 464.63M | 1.10B | 1.28B | 1.25B | 1.13B | 1.06B | 1.03B | 1.23B | 1.29B | 999.19M | 478.76M | 321.61M | 171.30M | 105.66M | -49.30M | -19.00M |
| Operating Expenses | 34.64M | 384.96M | 365.55M | 435.23M | 446.30M | 427.83M | 421.19M | 392.30M | 359.85M | 339.57M | 345.02M | 410.46M | 448.57M | 489.41M | 531.87M | 1.23B | 1.37B | 1.35B | 1.22B | 1.14B | 1.06B | 1.25B | 1.31B | 1.02B | 491.88M | 336.26M | 176.70M | 107.18M | -47.50M | -17.30M |
| Cost & Expenses | 653.07M | 646.22M | 633.65M | 690.22M | 757.52M | 756.65M | 775.57M | 749.06M | 725.10M | 720.19M | 725.03M | 824.69M | 908.97M | 1.01B | 1.07B | 1.23B | 1.37B | 1.35B | 1.22B | 1.14B | 1.06B | 1.25B | 1.31B | 1.02B | 491.88M | 336.26M | 176.70M | 107.18M | -47.50M | -17.30M |
| Interest Income | 8.31M | 50.26M | 58.65M | 12.37M | 11.42M | 10.91M | 8.33M | 7.80M | 6.95M | 6.88M | 16.06M | 9.91M | 10.04M | 11.13M | 9.34M | 17.13M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 129.65M | 116.46M | 129.47M | 160.36M | 168.81M | 200.63M | 194.62M | 196.39M | 199.69M | 220.97M | 237.05M | 246.76M | 310.78M | 312.58M | 324.16M | 368.71M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 342.59M | 350.95M | 319.74M | 320.94M | 380.17M | 377.79M | 366.18M | 333.07M | 306.30M | 282.61M | 291.91M | 345.08M | 378.04M | 426.06M | 444.41M | 458.60M | 500.34M | 490.70M | 412.08M | 368.84M | 335.08M | 292.62M | 364.38M | 330.02M | 151.17M | 101.61M | 43.52M | 21.21M | 15.20M | 4.90M |
| EBITDA | 509.56M | 525.21M | 485.03M | 362.66M | 549.17M | 604.53M | 612.07M | 593.73M | 569.85M | 552.83M | 557.91M | 559.09M | 540.98M | 544.94M | 565.81M | 638.03M | 815.82M | 793.28M | 678.54M | 697.60M | 798.43M | 545.89M | 531.14M | 408.07M | 239.48M | 166.59M | 73.77M | 22.92M | 140.30M | 50.40M |
| EBITDA Ratio | 62.14% | 67.88% | 65.47% | 50.40% | 60.07% | 62.17% | 60.88% | 59.62% | 58.07% | 56.16% | 57.28% | 54.11% | 50.11% | 47.60% | 47.32% | 43.76% | 47.40% | 46.91% | 44.60% | 47.49% | 52.66% | 36.24% | 36.29% | 37.07% | 41.48% | 41.52% | 35.65% | 21.05% | 180.80% | 178.72% |
| Operating Income | 166.97M | 174.26M | 165.29M | 41.71M | 169.00M | 215.76M | 193.98M | 246.80M | 256.22M | 262.35M | 249.02M | 200.16M | 166.29M | 130.51M | 110.51M | 204.77M | 347.26M | 337.15M | 299.44M | 328.76M | 456.93M | 253.97M | 150.10M | 83.38M | 85.50M | 64.98M | 30.25M | 1.71M | 125.10M | 45.50M |
| Operating Income Ratio | 20.36% | 22.52% | 22.31% | 5.80% | 18.48% | 22.19% | 19.29% | 24.78% | 26.11% | 26.65% | 25.57% | 19.37% | 15.40% | 11.40% | 9.24% | 14.05% | 20.18% | 19.94% | 19.68% | 22.38% | 30.14% | 16.86% | 10.26% | 7.58% | 14.81% | 16.20% | 14.62% | 1.57% | 161.21% | 161.35% |
| Total Other Income/Expenses | 571.13M | 849.98M | -5.25M | 272.47M | 335.89M | 487.82M | 122.26M | -182.52M | -11.76M | 71.91M | -216.38M | -216.00M | -315.55M | -314.83M | -326.22M | -416.85M | 31.78M | 34.57M | 32.98M | 0.00 | -6.42M | 694.00K | -16.66M | 5.33M | -2.82M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 691.71M | 973.97M | 473.98M | -19.14M | 504.89M | 703.58M | 15.39M | 64.28M | 63.87M | 47.43M | 32.64M | -15.84M | -149.27M | -184.32M | -215.71M | -212.08M | 379.04M | 371.72M | 332.42M | 0.00 | 450.52M | 254.67M | 133.44M | 88.71M | 82.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 84.35% | 125.88% | 63.98% | -2.66% | 55.22% | 72.35% | 1.53% | 6.45% | 6.51% | 4.82% | 3.35% | -1.53% | -13.83% | -16.10% | -18.04% | -14.55% | 22.02% | 21.98% | 21.85% | 0.00% | 29.71% | 16.91% | 9.12% | 8.06% | 14.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 2.43M | 3.92M | -5.25M | 95.44M | -3.14M | -13.03M | -32.13M | -25.21M | -27.52M | -20.05M | -1.96M | -929.00K | -7.17M | -18.43M | -18.67M | -53.37M | 317.35M | 160.37M | 228.46M | 65.26M | 298.08M | 84.93M | 42.75M | -15.80M | 4.54M | 508.00K | 1.61M | -11.28M | 111.70M | 38.40M |
| Net Income | 635.10M | 904.43M | 447.62M | -114.57M | 474.08M | 666.23M | 315.77M | 430.41M | 248.71M | 309.25M | 207.29M | 132.46M | -57.09M | -71.73M | -64.27M | 415.46M | 29.91M | 176.79M | 70.98M | 263.50M | 158.86M | 169.05M | 107.35M | 99.18M | 80.96M | 64.47M | 28.63M | 12.98M | 13.40M | 7.10M |
| Net Income Ratio | 77.45% | 116.89% | 60.42% | -15.92% | 51.85% | 68.51% | 31.41% | 43.22% | 25.34% | 31.42% | 21.28% | 12.82% | -5.29% | -6.26% | -5.38% | 28.50% | 1.74% | 10.45% | 4.67% | 17.94% | 10.48% | 11.22% | 7.33% | 9.01% | 14.02% | 16.07% | 13.84% | 11.92% | 17.27% | 25.18% |
| EPS | 4.29 | 5.86 | 2.90 | -0.94 | 3.91 | 5.46 | 2.50 | 3.42 | 1.94 | 2.63 | 1.79 | 0.78 | -0.61 | -0.79 | -0.72 | 5.06 | -0.33 | 1.21 | -0.15 | 1.63 | 0.86 | 1.12 | 0.29 | 0.68 | 0.50 | 1.07 | 1.39 | 1.33 | 1.10 | 0.54 |
| EPS Diluted | 4.27 | 5.81 | 2.89 | -0.94 | 3.90 | 5.45 | 2.50 | 3.41 | 1.94 | 2.63 | 1.79 | 0.78 | -0.61 | -0.79 | -0.72 | 5.06 | -0.33 | 1.21 | -0.15 | 1.63 | 0.86 | 1.11 | 0.29 | 0.66 | 0.49 | 1.02 | 1.38 | 1.33 | 1.10 | 0.54 |
| Weighted Avg Shares Out | 147.90M | 154.09M | 154.14M | 122.45M | 119.31M | 122.10M | 122.43M | 122.18M | 121.53M | 114.06M | 113.79M | 105.23M | 93.44M | 91.14M | 89.52M | 69.46M | 109.75M | 78.54M | 73.44M | 72.87M | 76.32M | 67.18M | 57.96M | 53.19M | 48.34M | 35.39M | 16.66M | 9.73M | 12.20M | 8.02M |
| Weighted Avg Shares Out (Dil) | 150.22M | 156.59M | 154.50M | 122.45M | 119.53M | 122.24M | 122.81M | 122.48M | 121.84M | 114.35M | 113.98M | 105.32M | 93.44M | 91.14M | 89.52M | 69.46M | 109.75M | 78.54M | 73.44M | 72.87M | 76.32M | 67.96M | 57.96M | 54.21M | 49.62M | 37.30M | 16.66M | 9.73M | 12.20M | 8.02M |
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Apartment Income REIT Corp. (NYSE:AIRC ) Q4 2022 Earnings Conference Call February 10, 2023 1:00 PM ET Company Participants Lisa Cohn - President and General Counsel, AIR Communities Terry Considine - CEO Keith Kimmel - President of Property Operations John...
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AIR Reports Fourth Quarter and Full Year 2022 Results: Record Same Store NOI Growth of 14.0%; Operating Fundamentals Across All Markets Remain Strong
DENVER--(BUSINESS WIRE)---- $AIRC #AIRC--AIRC Reports Fourth Quarter and Full Year 2022 Results
Source: https://incomestatements.info
Category: Stock Reports