Apartment Investment and Management Co Net Assets
Apartment Investment and Management Co net assets. Based on the latest financial reports, Apartment Investment and Management Co (AIV) has net assets worth $705.90 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.43 Billion) and total liabilities ($727.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Apartment Investment and Management Co growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $705.90 Million |
| % of Total Assets | 49.23% |
| Annual Growth Rate | 3.18% |
| 5-Year Change | -7.24% |
| 10-Year Change | -73.01% |
| Growth Volatility | 74.44 |
Net Assets of Apartment Investment and Management Co (1996–2025)
Net assets of Apartment Investment and Management Co from 1996 to 2025. This chart illustrates how Apartment Investment and Management Co's net assets have evolved over time, based on quarterly financial data. See how leveraged is Apartment Investment and Management Co's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Apartment Investment and Management Co (1996–2025)
The table below shows the annual net assets of Apartment Investment and Management Co from 1996 to 2025. For live market cap and overall valuation, see AIV company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $552.88 Million | +77.04% |
| 2024-12-31 | $312.30 Million | 0.00% |
| 2023-12-31 | $312.30 Million | -60.58% |
| 2022-12-31 | $792.18 Million | +32.91% |
| 2021-12-31 | $596.03 Million | 0.00% |
| 2020-12-31 | $596.03 Million | +15.00% |
| 2019-12-31 | $518.28 Million | -72.21% |
| 2018-12-31 | $1.86 Billion | +6.13% |
| 2017-12-31 | $1.76 Billion | -14.20% |
| 2016-12-31 | $2.05 Billion | +10.60% |
| 2015-12-31 | $1.85 Billion | +50.83% |
| 2014-12-31 | $1.23 Billion | 0.00% |
| 2013-12-31 | $1.23 Billion | +34.18% |
| 2012-12-31 | $915.00 Million | -25.88% |
| 2011-12-31 | $1.23 Billion | +35.96% |
| 2010-12-31 | $908.00 Million | -43.32% |
| 2009-12-31 | $1.60 Billion | +12.98% |
| 2008-12-31 | $1.42 Billion | -18.97% |
| 2007-12-31 | $1.75 Billion | -25.21% |
| 2006-12-31 | $2.34 Billion | -13.84% |
| 2005-12-31 | $2.72 Billion | -9.71% |
| 2004-12-31 | $3.01 Billion | +5.14% |
| 2003-12-31 | $2.86 Billion | -9.55% |
| 2002-12-31 | $3.16 Billion | +16.42% |
| 2001-12-31 | $2.72 Billion | +8.59% |
| 2000-12-31 | $2.50 Billion | +10.56% |
| 1999-12-31 | $2.26 Billion | +18.92% |
| 1998-12-31 | $1.90 Billion | +82.11% |
| 1997-12-31 | $1.04 Billion | +368.61% |
| 1996-12-31 | $223.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Apartment Investment and Management Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5469300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Apartment Investment and Management Co Net Assets Breakdown (December 2025)
Apartment Investment and Management Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.40 Million | 0.39% |
| Other Components | $429.14 Million | 118.60% |
| Total Equity | $361.85 Million | 100.00% |
Apartment Investment and Management Co Competitors by Market Cap
The table below lists competitors of Apartment Investment and Management Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sarana Meditama Metropolitan
JK:SAME
|
$237.36 Million |
|
Mount Gibson Iron Limited
F:FWQ
|
$237.37 Million |
|
Cosmo Chem
KO:005420
|
$237.37 Million |
|
Darfon Electronics Corp
TW:8163
|
$237.39 Million |
|
Puerto Ventana
SN:VENTANAS
|
$237.33 Million |
|
Lanna Resources Public Company Limited
BK:LANNA
|
$237.28 Million |
|
Seneca Foods Corp B
NASDAQ:SENEB
|
$237.10 Million |
|
Jih Lin Technology Co Ltd
TW:5285
|
$236.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apartment Investment and Management Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 312,297,000 to 361,853,000, a change of 49,556,000 (15.9%).
- Net income of 546,682,000 contributed positively to equity growth.
- Dividend payments of 415,557,000 reduced retained earnings.
- Share repurchases of 256,000 reduced equity.
- Other factors decreased equity by 81,313,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $546.68 Million | +151.08% |
| Dividends Paid | $415.56 Million | -114.84% |
| Share Repurchases | $256.00K | -0.07% |
| Other Changes | $-81.31 Million | -22.47% |
| Total Change | $- | 15.87% |
Book Value vs Market Value Analysis
This analysis compares Apartment Investment and Management Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.13x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $12.53 | $1.65 | x |
| 1997-12-31 | $29.86 | $1.65 | x |
| 1998-12-31 | $27.90 | $1.65 | x |
| 1999-12-31 | $24.92 | $1.65 | x |
| 2000-12-31 | $25.32 | $1.65 | x |
| 2001-12-31 | $25.77 | $1.65 | x |
| 2002-12-31 | $25.47 | $1.65 | x |
| 2003-12-31 | $21.50 | $1.65 | x |
| 2004-12-31 | $22.57 | $1.65 | x |
| 2005-12-31 | $20.21 | $1.65 | x |
| 2006-12-31 | $17.07 | $1.65 | x |
| 2007-12-31 | $12.88 | $1.65 | x |
| 2008-12-31 | $12.07 | $1.65 | x |
| 2009-12-31 | $11.46 | $1.65 | x |
| 2010-12-31 | $8.05 | $1.65 | x |
| 2011-12-31 | $7.91 | $1.65 | x |
| 2012-12-31 | $7.02 | $1.65 | x |
| 2013-12-31 | $8.70 | $1.65 | x |
| 2014-12-31 | $8.67 | $1.65 | x |
| 2015-12-31 | $15.20 | $1.65 | x |
| 2016-12-31 | $16.72 | $1.65 | x |
| 2017-12-31 | $14.31 | $1.65 | x |
| 2018-12-31 | $12.53 | $1.65 | x |
| 2019-12-31 | $4.32 | $1.65 | x |
| 2020-12-31 | $3.37 | $1.65 | x |
| 2021-12-31 | $3.99 | $1.65 | x |
| 2022-12-31 | $5.25 | $1.65 | x |
| 2023-12-31 | $0.86 | $1.65 | x |
| 2024-12-31 | $2.25 | $1.65 | x |
| 2025-12-31 | $2.57 | $1.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apartment Investment and Management Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 151.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 394.76%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 4.63x
- Recent ROE (151.08%) is above the historical average (4.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.83% | 11.94% | 0.13x | 3.74x | $-9.30 Million |
| 1997 | 2.74% | 13.82% | 0.10x | 2.01x | $-75.90 Million |
| 1998 | 3.39% | 16.08% | 0.09x | 2.24x | $-125.80 Million |
| 1999 | 3.58% | 14.03% | 0.10x | 2.51x | $-145.30 Million |
| 2000 | 3.96% | 9.01% | 0.14x | 3.08x | $-151.00 Million |
| 2001 | 3.95% | 7.33% | 0.18x | 3.06x | $-164.30 Million |
| 2002 | 5.34% | 11.22% | 0.15x | 3.26x | $-147.30 Million |
| 2003 | 5.55% | 10.48% | 0.15x | 3.54x | $-127.20 Million |
| 2004 | 8.76% | 17.94% | 0.15x | 3.35x | $-37.30 Million |
| 2005 | 2.61% | 4.67% | 0.15x | 3.69x | $-200.60 Million |
| 2006 | 7.56% | 10.46% | 0.16x | 4.40x | $-57.20 Million |
| 2007 | 1.71% | 1.74% | 0.16x | 6.06x | $-145.10 Million |
| 2008 | 29.30% | 28.50% | 0.16x | 6.63x | $273.70 Million |
| 2009 | -5.06% | -5.38% | 0.15x | 6.23x | $-191.30 Million |
| 2010 | -7.90% | -6.26% | 0.17x | 7.57x | $-162.50 Million |
| 2011 | -6.24% | -5.29% | 0.17x | 7.00x | $-148.60 Million |
| 2012 | 14.48% | 12.82% | 0.16x | 7.00x | $41.00 Million |
| 2013 | 16.88% | 21.28% | 0.16x | 4.97x | $84.53 Million |
| 2014 | 1.68% | 2.09% | 0.16x | 4.97x | $-102.16 Million |
| 2015 | 13.38% | 25.25% | 0.16x | 3.30x | $62.58 Million |
| 2016 | 3.14% | 6.45% | 0.16x | 3.04x | $-140.54 Million |
| 2017 | 18.00% | 31.45% | 0.17x | 3.46x | $140.51 Million |
| 2018 | 0.17% | 2.45% | 0.02x | 3.32x | $-183.25 Million |
| 2019 | 0.06% | 0.21% | 0.11x | 2.43x | $-51.52 Million |
| 2020 | -1.01% | -3.33% | 0.06x | 4.86x | $-55.10 Million |
| 2021 | -0.99% | -3.48% | 0.07x | 4.08x | $-65.51 Million |
| 2022 | 9.56% | 39.78% | 0.09x | 2.75x | $-3.49 Million |
| 2023 | -135.17% | -88.88% | 0.10x | 15.92x | $-178.49 Million |
| 2024 | -32.81% | -49.10% | 0.11x | 6.27x | $-133.70 Million |
| 2025 | 151.08% | 394.76% | 0.08x | 4.63x | $510.50 Million |
Industry Comparison
This section compares Apartment Investment and Management Co's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $1,862,043,621
- Average return on equity (ROE) among peers: 4.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apartment Investment and Management Co (AIV) | $705.90 Million | 5.83% | 1.03x | $237.36 Million |
| American Homes 4 Rent (AMH) | $3.65 Billion | -0.89% | 0.16x | $11.68 Billion |
| AvalonBay Communities Inc (AVB) | $10.75 Billion | 7.70% | 0.79x | $9.73 Billion |
| Bluerock Homes Trust Inc. (BHM) | $183.97 Million | -9.64% | 1.67x | $36.64 Million |
| BRT Realty Trust (BRT) | $132.06 Million | 9.09% | 0.50x | $238.86 Million |
| Clipper Realty Inc (CLPR) | $-4.66 Million | 0.00% | 0.00x | $54.29 Million |
| Camden Property Trust (CPT) | $1.21 Billion | 5.08% | 1.05x | $9.98 Billion |
| Centerspace (CSR) | $309.36 Million | 3.96% | 1.86x | $961.63 Million |
| Elme Communities (ELME) | $258.71 Million | 17.12% | 1.35x | $4.44 Million |
| Equity Lifestyle Properties Inc (ELS) | $259.91 Million | 6.40% | 6.91x | $11.69 Billion |
About Apartment Investment and Management Co
Apartment Investment and Management Company is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco's mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate. Aimco is… Read more