Apartment Investment & Management (AIV) Operating Expenses (2009 - 2025)
Apartment Investment & Management recorded quarterly Operating Expenses of $131.1 million in Q4 2025, up 33.79% quarter-over-quarter from $98.0 million in Q3 2025, and up 181.11% year-over-year from $46.6 million in Q4 2024.
Apartment Investment & Management's Operating Expenses history runs 12 years deep, the most recent figure standing at $131.1 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 181.11% year-over-year to $131.1 million; the TTM figure through Mar 2026 stood at $276.5 million (up 54.42% YoY), while the FY2025 annual figure was $308.1 million, up 73.05% from the prior year.
- Operating Expenses came in at $131.1 million for Q4 2025 at Apartment Investment & Management, up from $98.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $131.1 million in Q4 2025 to a low of $12.4 million in Q4 2023.
- A 5-year average of $55.2 million and a median of $47.1 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 70.04% in 2023 and surged 276.27% in 2024, its largest moves.
- Apartment Investment & Management's Operating Expenses stood at $48.3 million in 2021, then retreated by 14.4% to $41.4 million in 2022, then sank by 70.04% to $12.4 million in 2023, then soared by 276.27% to $46.6 million in 2024, then jumped by 181.11% to $131.1 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $131.1 million, $98.0 million, and $47.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 484.40 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 205.74 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 384.36 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 353.46 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 285.25 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 140.07 Mn |
| 10 | Apartment Investment & Management | 598.69 Mn | 374.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 131.13 Mn |
| Sep 30, 2025 | 98.01 Mn |
| Jun 30, 2025 | 47.35 Mn |
| Mar 31, 2025 | 33.37 Mn |
| Dec 31, 2024 | 46.65 Mn |
| Sep 30, 2024 | 46.78 Mn |
| Jun 30, 2024 | 52.24 Mn |
| Mar 31, 2024 | 49.22 Mn |
| Dec 31, 2023 | 12.40 Mn |
| Sep 30, 2023 | 44.33 Mn |
| Jun 30, 2023 | 43.70 Mn |
| Mar 31, 2023 | 42.18 Mn |
| Dec 31, 2022 | 41.39 Mn |
| Sep 30, 2022 | 113.70 Mn |
| Jun 30, 2022 | 63.53 Mn |
| Mar 31, 2022 | 51.81 Mn |
| Dec 31, 2021 | 48.35 Mn |
| Sep 30, 2021 | 48.73 Mn |
| Jun 30, 2021 | 44.43 Mn |
| Mar 31, 2021 | 43.97 Mn |
| Dec 31, 2020 | 57.37 Mn |
| Sep 30, 2020 | 36.00 Mn |
| Jun 30, 2020 | 35.98 Mn |
| Mar 31, 2020 | 36.46 Mn |
| Dec 31, 2019 | 7.73 Mn |
| Dec 31, 2014 | 178.37 Mn |
| Dec 31, 2013 | 177.71 Mn |
| Dec 31, 2011 | 233.25 Mn |
| Sep 30, 2011 | 229.78 Mn |
| Jun 30, 2011 | 220.15 Mn |
| Mar 31, 2011 | 230.11 Mn |
| Dec 31, 2010 | 239.14 Mn |
| Sep 30, 2010 | 230.30 Mn |
| Jun 30, 2010 | 230.47 Mn |
| Mar 31, 2010 | 236.45 Mn |
| Dec 31, 2009 | 182.20 Mn |
| Sep 30, 2009 | 268.20 Mn |
| Jun 30, 2009 | 258.71 Mn |