Apartment Investment & Management (AIV) Land & Improvements (2019 - 2025)
Apartment Investment & Management's (AIV) quarterly Land & Improvements came in at $199.2 million in Q4 2025, down 19.32% year-on-year from $246.9 million in Q4 2024, and down 18.01% quarter-over-quarter from $242.9 million in Q3 2025.
Apartment Investment & Management (AIV) Land & Improvements (2019 - 2025) Analysis & Trends
Apartment Investment & Management has disclosed Land & Improvements across 7 years of filings, most recently posting $199.2 million for Q4 2025.
- Land & Improvements for Q4 2025 came in at $199.2 million, down 19.32% year-over-year; the trailing twelve-month figure through Dec 2025 was $199.2 million (down 19.32% YoY), and the FY2025 annual result was $199.2 million, down 19.32% from the prior year.
- Land & Improvements came in at $199.2 million for Q4 2025 at Apartment Investment & Management, down from $242.9 million in the prior quarter.
- In the past five years, Land & Improvements ranged from a high of $641.1 million in Q4 2022 to a low of $199.2 million in Q4 2025.
- The 5-year median for Land & Improvements is $588.1 million (2022), against an average of $521.7 million.
- Across the five-year window, Land & Improvements grew 19.99% in 2022 and sank 60.82% in 2025, its largest moves.
- Apartment Investment & Management's Land & Improvements stood at $534.3 million in 2021, then climbed by 19.99% to $641.1 million in 2022, then dropped by 3.16% to $620.8 million in 2023, then tumbled by 60.23% to $246.9 million in 2024, then declined by 19.32% to $199.2 million in 2025.
- The last three Land & Improvements figures came in at $199.2 million (Q4 2025), $242.9 million (Q3 2025), and $397.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 4.99 Bn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 5.56 Bn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 4.96 Bn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 2.13 Bn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 3.49 Bn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | - |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 4.83 Bn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 1.78 Bn |
| 10 | Apartment Investment & Management | 410.19 Mn | 185.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 199.19 Mn |
| Sep 30, 2025 | 242.93 Mn |
| Jun 30, 2025 | 397.77 Mn |
| Mar 31, 2025 | 397.97 Mn |
| Dec 31, 2024 | 246.88 Mn |
| Sep 30, 2024 | 620.03 Mn |
| Jun 30, 2024 | 620.25 Mn |
| Mar 31, 2024 | 620.49 Mn |
| Dec 31, 2023 | 620.82 Mn |
| Sep 30, 2023 | 638.01 Mn |
| Jun 30, 2023 | 638.66 Mn |
| Mar 31, 2023 | 640.89 Mn |
| Dec 31, 2022 | 641.10 Mn |
| Sep 30, 2022 | 639.27 Mn |
| Jun 30, 2022 | 601.76 Mn |
| Mar 31, 2022 | 574.43 Mn |
| Dec 31, 2021 | 534.29 Mn |
| Sep 30, 2021 | 534.09 Mn |
| Jun 30, 2021 | 518.95 Mn |
| Mar 31, 2021 | 506.97 Mn |