Apartment Income REIT Corp. (AIRC)

NYSE: AIRC · IEX Real-Time Price · USD

34.73

-0.37 (-1.05%)

Dec 29, 2023, 4:00 PM EST - Market closed

Income Statement (Annual)

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020	2019	2018
Revenue	773.72	740.85	719.56	770.6	840.25
Revenue Growth (YoY)	4.44%	2.96%	-6.62%	-8.29%	-
Cost of Revenue	261.26	268.1	249.04	261.24	285.65
Gross Profit	512.46	472.75	470.52	509.36	554.6
Selling, General & Admin	24.94	18.59	46.38	49.62	49.64
Other Operating Expenses	360.02	346.96	442.08	334.02	328.82
Operating Expenses	384.96	365.55	488.46	383.64	378.46
Operating Income	127.5	107.21	-17.94	125.73	176.15
Interest Expense / Income	116.46	129.47	147.04	144.27	179.81
Other Expense / Income	-897.31	-464.64	-156.29	-492.94	-656.54
Pretax Income	908.36	442.38	-8.69	474.39	652.88
Income Tax	3.92	-5.25	95.44	0.31	-13.35
Net Income	904.43	447.62	-104.13	474.08	666.23
Preferred Dividends	0.79	0.5	0.2	7.94	9.63
Net Income Common	903.64	447.12	-104.33	466.14	656.6
Net Income Growth	102.10%	-	-	-29.01%	-
Shares Outstanding (Basic)	154	154	122	119	122
Shares Outstanding (Diluted)	157	155	122	120	122
Shares Change	1.35%	26.18%	2.44%	-2.22%	-
EPS (Basic)	5.86	2.90	-0.85	3.91	5.38
EPS (Diluted)	5.81	2.89	-0.85	3.90	5.37
EPS Growth	101.04%	-	-	-27.37%	-
Free Cash Flow	-647.11	-210.77	-203.45	-174.89	514.73
Free Cash Flow Per Share	-4.20	-1.37	-1.66	-1.47	4.22
Dividend Per Share	1.800	1.740	-	-	-
Dividend Growth	3.45%	-	-	-	-
Gross Margin	66.23%	63.81%	65.39%	66.10%	66.00%
Operating Margin	16.48%	14.47%	-2.49%	16.32%	20.96%
Profit Margin	116.79%	60.35%	-14.50%	60.49%	78.14%
Free Cash Flow Margin	-83.64%	-28.45%	-28.27%	-22.69%	61.26%
Effective Tax Rate	0.43%	-1.19%	-	0.06%	-2.04%
EBITDA	1,376	891.58	532.02	998.83	1,210
EBITDA Margin	177.81%	120.35%	73.94%	129.62%	144.06%
Depreciation & Amortization	350.95	319.74	393.67	380.17	377.79
EBIT	1,025	571.84	138.35	618.66	832.69
EBIT Margin	132.45%	77.19%	19.23%	80.28%	99.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).