Apartment Investment & Management (AIV) Land & Improvements (2019 - 2025)
Apartment Investment & Management (AIV) reported Land & Improvements of $199.2 million for Q4 2025, down 19.32% on a YoY basis from $246.9 million in Q4 2024, and down 18.01% sequentially from $242.9 million in Q3 2025.
Apartment Investment & Management (AIV) Land & Improvements (2019 - 2025) Analysis & Trends
Apartment Investment & Management (AIV) has 7 years of Land & Improvements data on file, last reported at $199.2 million in Q4 2025.
- For the quarter ending Q4 2025, Land & Improvements fell 19.32% year-over-year to $199.2 million; the trailing twelve-month figure through Dec 2025 stood at $199.2 million (down 19.32% YoY), and the FY2025 full-year result was $199.2 million, down 19.32% from the prior year.
- Land & Improvements eased to $199.2 million in Q4 2025, 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.
- A 5-year average of $521.7 million and a median of $588.1 million in 2022 frame the typical range for Land & Improvements.
- Across the five-year window, Land & Improvements grew 19.99% in 2022 and tumbled 60.82% in 2025, its largest moves.
- Tracing AIV's Land & Improvements over 5 years: stood at $534.3 million in 2021, then advanced by 19.99% to $641.1 million in 2022, then slipped by 3.16% to $620.8 million in 2023, then plunged by 60.23% to $246.9 million in 2024, then dropped by 19.32% to $199.2 million in 2025.
- Business Quant data shows AIV's Land & Improvements at $199.2 million in Q4 2025, $242.9 million in Q3 2025, and $397.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | 4.99 Bn |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 5.56 Bn |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 4.96 Bn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 2.13 Bn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 3.49 Bn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | - |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 4.83 Bn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | 2.42 Bn |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | 1.78 Bn |
| 10 | Apartment Investment & Management | 371.36 Mn | 147.02 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 |