Apartment Income REIT, L.P.
Real Estate · Operators of Apartment Buildings · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $793.2M | $800.6M | $820.0M | $773.7M | $248.9M | $237.5M |
| Operating income | — | — | — | — | $65.3M | $52.6M |
| Net income | $182.4M | −$361.1M | $684.1M | $969.6M | $309.2M | $207.3M |
| Total assets | $5.76B | $6.58B | $6.13B | — | $6.10B | $6.08B |
| Total liabilities | $6.01B | $6.55B | $3.51B | — | $4.57B | $4.83B |
| Equity | −$309.4M | −$32.3M | $2.55B | — | $1.23B | $967.5M |
| EPS (diluted) | $1.17 | $-2.38 | $4.27 | $5.81 | $0.44 | — |
| Shares out. | 1,579 | 154.0M | 160.0M | 166.6M | 146.4M | 145.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- 23.0%
- Return on equity
- −58.9%
- Return on assets
- 3.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 104.4%
- Debt / equity
- —
- Book value / share
- $-195967.07
- Revenue growth (YoY)
- −0.9%
- Net income growth (YoY)
- —
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 · FY2025- Accruals / assets
- 0.7%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
● 1 severe● 2 warning● 2 good- Negative shareholder equity
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- 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- Director / officer changeNov 7, 2025
- Director / officer changeOct 24, 2024
- Director / officer changeOct 8, 2024
- Entered a material agreement · Terminated a material agreement · New financial obligationSep 20, 2024
- Entered a material agreement · New financial obligation · Other material eventAug 1, 2024
- 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
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QMay 14, 2026
- 10-KMar 13, 2026
- 10-QNov 12, 2025
- 8-KNov 7, 2025
- 10-QAug 13, 2025
- 10-QMay 12, 2025
- IRANNOTICEMar 19, 2025
- 10-KMar 19, 2025
- IRANNOTICENov 8, 2024
- 10-QNov 8, 2024
- 8-KOct 24, 2024
- 8-KOct 8, 2024
- 8-KSep 20, 2024
- IRANNOTICEAug 9, 2024
- 10-QAug 9, 2024
Event-driven situations (36)
- Jul 18, 2007Tender offercompleted
- Nov 18, 2002Tender offercompleted
- May 15, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 13, 2002Tender offercompleted
- May 9, 2002Tender offercompleted
- May 8, 2002Tender offercompleted
- May 8, 2002Tender offercompleted
- May 8, 2002Tender offercompleted
- May 8, 2002Tender offercompleted
- May 8, 2002Tender offercompleted
- May 8, 2002Tender offercompleted
- May 7, 2002Tender offercompleted
- May 7, 2002Tender offercompleted
- Dec 10, 2001Tender offercompleted
- Mar 29, 2001Tender offercompleted
- Mar 29, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 23, 2001Tender offercompleted
- Mar 22, 2001Tender offercompleted
- Mar 22, 2001Tender offercompleted
- Mar 22, 2001Tender offercompleted
- Mar 22, 2001Tender offercompleted
- Jun 22, 1998Spun off from Insigniacompleted
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