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

Apartment Investment & Management's (AIV) quarterly Free Cash Flow came in at -$40.1 million in Q4 2025, up 11.59% year-on-year from -$35.9 million in Q4 2024, and down 107.3% quarter-over-quarter from -$19.3 million in Q3 2025.

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

Apartment Investment & Management has disclosed Free Cash Flow across 10 years of filings, most recently posting -$40.1 million for Q4 2025.

  • Free Cash Flow for Q4 2025 came in at -$40.1 million, up 11.59% year-over-year; the trailing twelve-month figure through Mar 2026 was -$76.2 million (up 30.24% YoY), and the FY2025 annual result 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.
  • The 5-year median for Free Cash Flow is -$21.4 million (2022), against an average of -$12.4 million.
  • Across the five-year window, Free Cash Flow plunged 2448.74% in 2021 and jumped 1033.34% in 2023, its largest moves.
  • Apartment Investment & Management's Free Cash Flow stood at -$52.5 million in 2021, then jumped by 55.88% to -$23.1 million in 2022, then surged by 1033.34% to $216.0 million in 2023, then plunged by 120.99% to -$45.3 million in 2024, then gained by 11.59% to -$40.1 million in 2025.
  • The last three Free Cash Flow figures came in at -$40.1 million (Q4 2025), -$19.3 million (Q3 2025), and -$16.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - 359.48 Mn
2 Equity Residential 24.35 Bn 24.48 Bn - -192.61 Mn
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 236.00 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 158.60 Mn
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 162.30 Mn
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - 112.16 Mn
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 85.28 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 148.95 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn - 54.08 Mn
10 Apartment Investment & Management 410.19 Mn 185.85 Mn - -

Historic Data

Download Data
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