Apartment Investment & Management AIV
NYSE AIV
$2.62 +0.01 (+0.38%)
At close: Aug 21, 2026 · 4:00 PM EDT

Apartment Investment & Management (AIV) Land & Improvements (2019 - 2025)

Apartment Investment & Management (AIV) posted Land & Improvements of $199.2 million for Q4 2025, down 18.01% sequentially from $242.9 million in Q3 2025, and down 19.32% YoY from $246.9 million in Q4 2024.

Apartment Investment & Management (AIV) Land & Improvements (2019 - 2025) Analysis & Trends

Apartment Investment & Management has reported Land & Improvements for 7 years, with the latest figure at $199.2 million in Q4 2025.

  • Quarterly Land & Improvements fell 19.32% year-over-year to $199.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $199.2 million (down 19.32% YoY) and the FY2025 annual result came in at $199.2 million, down 19.32% from the prior year.
  • Land & Improvements eased to $199.2 million in Q4 2025 per AIV's latest filing, from $242.9 million in the prior quarter.
  • Over five years, Land & Improvements peaked at $641.1 million in Q4 2022 and troughed at $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.
  • The sharpest annual moves came in 2022 and 2025: Land & Improvements rose 19.99% in 2022, then sank 60.82% in 2025.
  • Over 5 years, Land & Improvements stood at $534.3 million in 2021, then increased by 19.99% to $641.1 million in 2022, then fell by 3.16% to $620.8 million in 2023, then tumbled by 60.23% to $246.9 million in 2024, then retreated by 19.32% to $199.2 million in 2025.
  • According to Business Quant data, Land & Improvements over the past three periods registered $199.2 million, $242.9 million, and $397.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Avalonbay Communities 26.11 Bn 26.32 Bn - 5.01 Bn
2 Erp Operating Ltd Partnership 23.87 Bn 24.06 Bn - 5.52 Bn
3 Invitation Homes 17.81 Bn 17.81 Bn 705.34 Mn 4.92 Bn
4 Mid America Apartment Communities 15.25 Bn 15.12 Bn 537.17 Mn 2.18 Bn
5 Sun Communities 14.88 Bn 14.88 Bn 460.10 Mn 1.79 Bn
6 Equity Lifestyle Properties 12.64 Bn 12.64 Bn 375.97 Mn 4.93 Bn
7 American Homes 4 Rent 12.38 Bn 12.38 Bn - 2.45 Bn
8 Udr 12.15 Bn 12.15 Bn 412.43 Mn -
9 Camden Property Trust 10.98 Bn 10.98 Bn - -
10 Apartment Investment & Management 367.97 Mn 289.24 Mn - -

Historic Data

Download Data
DateValue
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