Apartment Income REIT Corp.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $820.0M | $773.7M | $740.9M | $186.0M | $196.4M | $840.2M |
| Operating income | — | $127.5M | $107.2M | −$17.9M | $125.7M | — |
| Net income | $635.1M | $904.4M | $447.6M | −$104.1M | $474.1M | $666.2M |
| Total assets | $6.13B | $6.55B | $6.44B | $6.23B | $6.91B | — |
| Total liabilities | $3.51B | $4.16B | $4.42B | $4.84B | $4.95B | — |
| Equity | $2.35B | $2.16B | $1.81B | $1.31B | $1.78B | $1.76B |
| EPS (diluted) | $4.27 | $5.81 | $2.89 | $0.06 | $2.33 | $5.37 |
| Shares out. | 149.1M | 157.1M | 149.0M | 148.9M | 120.2M | 122.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- 77.4%
- Return on equity
- 27.0%
- Return on assets
- 10.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 57.2%
- Debt / equity
- 1.49×
- Book value / share
- $15.77
- Revenue growth (YoY)
- 6.0%
- Net income growth (YoY)
- −29.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- 4.3%clean
- Piotroski F-Score
- 5/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 good- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosure · Other material eventJul 1, 2024
- Amended charter or bylaws · Regulation FD disclosureJun 25, 2024
- Shareholder vote · Other material eventJun 25, 2024
- Other material eventJun 14, 2024
- Regulation FD disclosureJun 14, 2024
- Other material eventMay 6, 2024
- Regulation FD disclosureApr 19, 2024
- Amended charter or bylawsApr 12, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.