Apartment Investment & Management (AIV) Capital Expenditures (2009 - 2025)
Apartment Investment & Management (AIV) recorded Capital Expenditures of $25.75 million in Q4 2025, down 44.2% from $46.16 million a year earlier and down 8.9% from the prior quarter.
Apartment Investment & Management (AIV) Capital Expenditures (2009 - 2025) Analysis & Trends
For FY2025, Apartment Investment & Management reported Capital Expenditures of $99.62 million, down 37.7% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $160.03 million in FY2024 (-41.3%), $272.5 million in FY2023 (+14.7%), $237.52 million in FY2022 (+33.6%) and $177.81 million in FY2021 (+64.8%).
- Quarterly Capital Expenditures has ranged from $19.19 million in Q1 2025 to $82.28 million in Q3 2023 over the past five years.
- On a year-over-year basis, Capital Expenditures has declined for eight consecutive quarters, with an average decline of 38.4% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 375.8% in Q1 2021, against a decline of 56.2% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $28.26 million (Q3 2025), $26.43 million (Q2 2025) and $19.19 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 254.90 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 57.19 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 56.02 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 101.83 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.76 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 21.69 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Apartment Investment & Management | 285.17 Mn | -817.16 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 25.75 Mn |
| Sep 30, 2025 | 28.26 Mn |
| Jun 30, 2025 | 26.43 Mn |
| Mar 31, 2025 | 19.19 Mn |
| Dec 31, 2024 | 46.16 Mn |
| Sep 30, 2024 | 36.01 Mn |
| Jun 30, 2024 | 36.92 Mn |
| Mar 31, 2024 | 40.94 Mn |
| Dec 31, 2023 | 60.30 Mn |
| Sep 30, 2023 | 82.28 Mn |
| Jun 30, 2023 | 65.11 Mn |
| Mar 31, 2023 | 64.81 Mn |
| Dec 31, 2022 | 53.48 Mn |
| Sep 30, 2022 | 59.24 Mn |
| Jun 30, 2022 | 75.16 Mn |
| Mar 31, 2022 | 49.66 Mn |
| Dec 31, 2021 | 42.95 Mn |
| Sep 30, 2021 | 52.50 Mn |
| Jun 30, 2021 | 50.69 Mn |
| Mar 31, 2021 | 31.66 Mn |
Apartment Investment & Management Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=AIV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "AIV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=AIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();