Apartment Investment & Management (AIV) Operating Margin (2009 - 2025)
Apartment Investment & Management (AIV) reported Operating Margin of 110.9% for Q4 2025, up 3620.0% on a YoY basis from 2.98% in Q4 2024, and down 313.61% sequentially from 51.92% in Q3 2025.
Apartment Investment & Management (AIV) Operating Margin (2009 - 2025) Analysis & Trends
Apartment Investment & Management (AIV) has 11 years of Operating Margin data on file, last reported at 110.9% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 3620.0% year-over-year to 110.9%; the trailing twelve-month figure through Dec 2025 stood at 13.16% (up 30.0% YoY), and the FY2025 full-year result was 10.28%, up 1103.0% from the prior year.
- Operating Margin slipped to 110.9% in Q4 2025, from 51.92% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 474.69% in Q4 2022 to a low of 147.1% in Q4 2024.
- A 5-year average of 19.43% and a median of 4.52% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 47818 bps in 2022 and plunged 42830 bps in 2023, its largest moves.
- Tracing AIV's Operating Margin over 5 years: stood at 3.48% in 2021, then jumped by 13723 bps to 474.69% in 2022, then sank by 90 bps to 46.39% in 2023, then plunged by 417 bps to 147.1% in 2024, then gained by 25 bps to 110.9% in 2025.
- Business Quant data shows AIV's Operating Margin at 110.9% in Q4 2025, 51.92% in Q3 2025, and 56.04% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | - |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | - |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 5.48% |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 59.64% |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 1.34% |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 53.96% |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 28.26% |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | - |
| 10 | Apartment Investment & Management | 371.48 Mn | 147.15 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -110.90% |
| Sep 30, 2025 | 51.92% |
| Jun 30, 2025 | 56.04% |
| Mar 31, 2025 | 42.58% |
| Dec 31, 2024 | -147.10% |
| Sep 30, 2024 | 50.02% |
| Jun 30, 2024 | 55.90% |
| Mar 31, 2024 | 57.77% |
| Dec 31, 2023 | 46.39% |
| Sep 30, 2023 | 7.07% |
| Jun 30, 2023 | 4.31% |
| Mar 31, 2023 | 4.72% |
| Dec 31, 2022 | 474.69% |
| Sep 30, 2022 | -138.45% |
| Jun 30, 2022 | -25.32% |
| Mar 31, 2022 | -3.63% |
| Dec 31, 2021 | -3.48% |
| Sep 30, 2021 | -13.61% |
| Jun 30, 2021 | -9.91% |
| Mar 31, 2021 | -10.47% |