See more : Fortress Capital Acquisition Corp. (FCAX-UN) 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 |
Apartment Income REIT: Cause For Pause
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Apartment Income REIT Corp (AIRC) Q2 2023 Earnings Call Transcript
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DENVER--(BUSINESS WIRE)---- $AIRC #AIRC--AIR Communities Reports Second Quarter 2023 Results.
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DENVER--(BUSINESS WIRE)---- $AIRC #AIRC--AIR Communities Announces Quarterly Common Dividend of $0.45 Per Share.
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DENVER--(BUSINESS WIRE)---- $AIRC #AIRC--AIR COMMUNITIES ANNOUNCES DATES FOR ITS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL.
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Source: https://incomestatements.info
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