Growth Metrics

Apartment Investment & Management (AIV) Free Cash Flow (2009 - 2025)

Apartment Investment & Management recorded quarterly Free Cash Flow of -$40.1 million in Q4 2025, down 107.3% quarter-over-quarter from -$19.3 million in Q3 2025, and up 11.59% year-over-year from -$35.9 million in Q4 2024.

Apartment Investment & Management's Free Cash Flow history runs 10 years deep, the most recent figure standing at -$40.1 million for Q4 2025.

  • In Q4 2025, Free Cash Flow rose 11.59% year-over-year to -$40.1 million; the TTM figure through Mar 2026 stood at -$76.2 million (up 30.24% YoY), while the FY2025 annual figure was -$91.5 million, up 19.03% from the prior year.
  • Free Cash Flow came in at -$40.1 million for Q4 2025 at Apartment Investment & Management, down from -$19.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $216.0 million in Q4 2023 to a low of -$183.2 million in Q3 2023.
  • A 5-year average of -$12.4 million and a median of -$21.4 million in 2022 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow tumbled 2448.74% in 2021 and surged 1033.34% in 2023, its largest moves.
  • Apartment Investment & Management's Free Cash Flow stood at -$52.5 million in 2021, then surged by 55.88% to -$23.1 million in 2022, then soared by 1033.34% to $216.0 million in 2023, then tumbled by 120.99% to -$45.3 million in 2024, then advanced by 11.59% to -$40.1 million in 2025.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$40.1 million, -$19.3 million, and -$16.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 359.48 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - -192.61 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 236.00 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 162.30 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 158.60 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 112.16 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 85.28 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 148.95 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 54.08 Mn
10 Apartment Investment & Management 598.69 Mn 374.35 Mn - -

Historic Data

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DateValue
Dec 31, 2025 -40.08 Mn
Dec 31, 2025 -40.08 Mn
Sep 30, 2025 -19.33 Mn
Sep 30, 2025 -19.33 Mn
Jun 30, 2025 -16.76 Mn
Jun 30, 2025 -16.76 Mn
Mar 31, 2025 -15.36 Mn
Mar 31, 2025 -15.36 Mn
Dec 31, 2024 -45.33 Mn
Dec 31, 2024 -45.33 Mn
Sep 30, 2024 -19.57 Mn
Sep 30, 2024 -19.57 Mn
Jun 30, 2024 -28.92 Mn
Jun 30, 2024 -28.92 Mn
Mar 31, 2024 -19.22 Mn
Mar 31, 2024 -19.22 Mn
Dec 31, 2023 216.00 Mn
Dec 31, 2023 216.00 Mn
Sep 30, 2023 -183.22 Mn
Sep 30, 2023 -183.22 Mn
Jun 30, 2023 72.79 Mn
Jun 30, 2023 72.79 Mn
Mar 31, 2023 -59.22 Mn
Mar 31, 2023 -59.22 Mn
Dec 31, 2022 -23.14 Mn
Dec 31, 2022 -23.14 Mn
Sep 30, 2022 173.51 Mn
Sep 30, 2022 173.51 Mn
Jun 30, 2022 -32.24 Mn
Jun 30, 2022 -32.24 Mn
Mar 31, 2022 -43.15 Mn
Mar 31, 2022 -43.15 Mn
Dec 31, 2021 -52.45 Mn
Dec 31, 2021 -52.45 Mn
Sep 30, 2021 -111.02 Mn
Sep 30, 2021 -111.02 Mn
Jun 30, 2021 2.16 Mn
Jun 30, 2021 2.16 Mn
Mar 31, 2021 -3.91 Mn
Mar 31, 2021 -3.91 Mn
Dec 31, 2020 -2.06 Mn
Dec 31, 2020 -2.06 Mn
Sep 30, 2020 8.32 Mn
Sep 30, 2020 8.32 Mn
Jun 30, 2020 8.79 Mn
Jun 30, 2020 8.79 Mn
Mar 31, 2020 8.90 Mn
Mar 31, 2020 8.90 Mn
Dec 31, 2019 -13.86 Mn
Dec 31, 2019 -13.86 Mn
Dec 31, 2011 496,000.00
Dec 31, 2011 496,000.00
Sep 30, 2011 24.59 Mn
Sep 30, 2011 24.59 Mn
Jun 30, 2011 35.92 Mn
Jun 30, 2011 35.92 Mn
Mar 31, 2011 -2.56 Mn
Mar 31, 2011 -2.56 Mn
Dec 31, 2010 19.19 Mn
Dec 31, 2010 19.19 Mn
Sep 30, 2010 27.44 Mn
Sep 30, 2010 27.44 Mn
Jun 30, 2010 44.22 Mn
Jun 30, 2010 44.22 Mn
Mar 31, 2010 -12.28 Mn
Mar 31, 2010 -12.28 Mn
Dec 31, 2009 13.99 Mn
Dec 31, 2009 13.99 Mn
Sep 30, 2009 7.42 Mn
Sep 30, 2009 7.42 Mn