AIRC
Income statement / Annual
Last year (2023), Apartment Income REIT Corp.'s total revenue was $820.04 M,
an increase of 5.99% from the previous year.
In 2023, Apartment Income REIT Corp.'s net income was $635.10 M.
See Apartment Income REIT Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$820.04 M |
$773.72 M |
$740.85 M |
$719.56 M |
$914.29 M |
$972.41 M |
$1.01 B |
$995.85 M |
$981.31 M |
$984.36 M |
| Cost of Revenue |
$618.43 M
|
$261.26 M
|
$268.10 M
|
$254.99 M
|
$311.22 M
|
$328.82 M
|
$354.38 M
|
$356.76 M
|
$365.25 M
|
$380.63 M
|
| Gross Profit |
$201.61 M
|
$512.46 M
|
$472.75 M
|
$464.57 M
|
$603.07 M
|
$643.59 M
|
$651.06 M
|
$639.09 M
|
$616.06 M
|
$603.74 M
|
| Gross Profit Ratio |
0.25
|
0.66
|
0.64
|
0.65
|
0.66
|
0.66
|
0.65
|
0.64
|
0.63
|
0.61
|
| Research and Development Expenses |
$0.84
|
$1.26
|
$0.63
|
-$0.03
|
$0.63
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$25.49 M
|
$24.94 M
|
$18.59 M
|
$40.42 M
|
$47.04 M
|
$46.27 M
|
$43.66 M
|
$44.94 M
|
$43.18 M
|
$44.20 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$25.49 M
|
$24.94 M
|
$18.59 M
|
$40.42 M
|
$47.04 M
|
$46.27 M
|
$43.66 M
|
$44.94 M
|
$43.18 M
|
$44.20 M
|
| Other Expenses |
-$34.64 M
|
$360.02 M
|
$346.96 M
|
$394.80 M
|
$399.26 M
|
$77,000.00
|
$7.69 M
|
$6.07 M
|
$387,000.00
|
-$829,000.00
|
| Operating Expenses |
$34.64 M
|
$384.96 M
|
$365.55 M
|
$435.23 M
|
$446.30 M
|
$427.83 M
|
$421.19 M
|
$392.30 M
|
$359.85 M
|
$339.57 M
|
| Cost And Expenses |
$653.07 M
|
$646.22 M
|
$633.65 M
|
$690.22 M
|
$757.52 M
|
$756.65 M
|
$775.57 M
|
$749.06 M
|
$725.10 M
|
$720.19 M
|
| Interest Income |
$8.31 M
|
$50.26 M
|
$58.65 M
|
$12.37 M
|
$11.42 M
|
$10.91 M
|
$8.33 M
|
$7.80 M
|
$6.95 M
|
$6.88 M
|
| Interest Expense |
$129.65 M
|
$116.46 M
|
$129.47 M
|
$160.36 M
|
$168.81 M
|
$200.63 M
|
$194.62 M
|
$196.39 M
|
$199.69 M
|
$220.97 M
|
| Depreciation & Amortization |
$342.59 M
|
$350.95 M
|
$319.74 M
|
$320.94 M
|
$380.17 M
|
$377.79 M
|
$366.18 M
|
$333.07 M
|
$306.30 M
|
$282.61 M
|
| EBITDA |
$509.56 M |
$525.21 M |
$485.03 M |
$362.66 M |
$549.17 M |
$604.53 M |
$612.07 M |
$593.73 M |
$569.85 M |
$552.83 M |
| EBITDA Ratio |
0.62
|
0.68
|
0.65
|
0.5
|
0.6
|
0.62
|
0.61
|
0.6
|
0.58
|
0.56
|
| Operating Income Ratio |
0.2
|
0.23
|
0.22
|
0.06
|
0.18
|
0.22
|
0.19
|
0.25
|
0.26
|
0.27
|
| Total Other Income/Expenses Net |
$571.13 M
|
$849.98 M
|
-$5.25 M
|
$272.47 M
|
$335.89 M
|
$487.82 M
|
$122.26 M
|
-$182.52 M
|
-$11.76 M
|
$71.91 M
|
| Income Before Tax |
$691.71 M
|
$973.97 M
|
$473.98 M
|
-$19.14 M
|
$504.89 M
|
$703.58 M
|
$15.39 M
|
$64.28 M
|
$63.87 M
|
$47.43 M
|
| Income Before Tax Ratio |
0.84
|
1.26
|
0.64
|
-0.03
|
0.55
|
0.72
|
0.02
|
0.06
|
0.07
|
0.05
|
| Income Tax Expense |
$2.43 M
|
$3.92 M
|
-$5.25 M
|
$95.44 M
|
-$3.14 M
|
-$13.03 M
|
-$32.13 M
|
-$25.21 M
|
-$27.52 M
|
-$20.05 M
|
| Net Income |
$635.10 M
|
$904.43 M
|
$447.62 M
|
-$114.57 M
|
$474.08 M
|
$666.23 M
|
$315.77 M
|
$430.41 M
|
$248.71 M
|
$309.25 M
|
| Net Income Ratio |
0.77
|
1.17
|
0.6
|
-0.16
|
0.52
|
0.69
|
0.31
|
0.43
|
0.25
|
0.31
|
| EPS |
4.29 |
5.86 |
2.9 |
-0.94 |
3.91 |
5.46 |
2.5 |
3.42 |
1.94 |
2.63 |
| EPS Diluted |
4.27 |
5.81 |
2.89 |
-0.94 |
3.9 |
5.45 |
2.5 |
3.41 |
1.94 |
2.63 |
| Weighted Average Shares Out |
$147.90 M
|
$154.09 M
|
$154.14 M
|
$122.45 M
|
$119.31 M
|
$122.10 M
|
$122.43 M
|
$122.18 M
|
$121.53 M
|
$114.06 M
|
| Weighted Average Shares Out Diluted |
$150.22 M
|
$156.59 M
|
$154.50 M
|
$122.45 M
|
$119.53 M
|
$122.24 M
|
$122.81 M
|
$122.48 M
|
$121.84 M
|
$114.35 M
|
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