Growth Metrics

Apartment Investment & Management (AIV) Gross Margin (2009 - 2011)

Apartment Investment & Management recorded quarterly Gross Margin of 97.94% in Q4 2011, little changed quarter-over-quarter from 98.21% in Q3 2011, and up 71.0% year-over-year from 57.27% in Q4 2010.

Apartment Investment & Management's Gross Margin history runs 3 years deep, the most recent figure standing at 97.94% for Q4 2011.

  • In Q4 2011, Gross Margin rose 71.0% year-over-year to 97.94%; the TTM figure through Dec 2011 stood at 98.18% (down 5.0% YoY), while the FY2014 annual figure was 98.7%, down 54.0% from the prior year.
  • Gross Margin came in at 97.94% for Q4 2011 at Apartment Investment & Management, roughly flat from 98.21% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 99.12% in Q1 2010 to a low of 97.22% in Q3 2009.
  • A 3-year average of 98.24% and a median of 98.3% in 2010 frame the typical range for Gross Margin.
  • On a YoY basis, Gross Margin climbed as much as 110 bps in 2010 and fell as far as 185 bps in 2010.
  • Apartment Investment & Management's Gross Margin stood at 99.07% in 2009, then decreased by 2 bps to 97.22% in 2010, then gained by 1 bps to 97.94% in 2011.
  • According to Business Quant data, Gross Margin over the past three periods registered 97.94%, 98.21%, and 98.05% for Q4 2011, Q3 2011, and Q2 2011 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - -
2 Equity Residential 25.13 Bn 25.27 Bn - -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 94.67%
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 96.71%
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 96.67%
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 97.79%
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 99.04%
9 Camden Property Trust 11.27 Bn 11.34 Bn - -
10 Apartment Investment & Management 598.69 Mn 374.35 Mn - -

Historic Data

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DateValue
Dec 31, 2011 97.94%
Sep 30, 2011 98.21%
Jun 30, 2011 98.05%
Mar 31, 2011 98.53%
Dec 31, 2010 97.22%
Sep 30, 2010 98.33%
Jun 30, 2010 98.30%
Mar 31, 2010 99.12%
Dec 31, 2009 99.07%
Sep 30, 2009 97.22%
Jun 30, 2009 98.66%