TTM
-22.6%
YoY change
−20.39pp
Trough year (2022)
-42.1%
Peak year (2019)
55.3%
Latest annual
-21.1%
Operating Margin history chart for Apartment Investment and Management (AIV) from 1996 to 2025
Latest: -21.1%
Operating Margin change chart for Apartment Investment and Management (AIV) from 1996 to 2025
Latest: −20.39pp
Operating Margin history table for Apartment Investment and Management (AIV) from 1996 to 2025
| 2025 | -21.1% | -20.39pp | ||
| 2024 | -0.7% | -6.91pp | ||
| 2023 | 6.2% | +48.27pp | ||
| 2022 | -42.1% | -32.87pp | ||
| 2021 | -9.2% | -9.21pp | ||
| 2020 | 0.0% | -55.33pp | ||
| 2019 | 55.3% | +37.57pp | ||
| 2018 | 17.8% | -18.66pp | ||
| 2017 | 36.4% | +2.98pp | ||
| 2016 | 33.4% | +7.33pp | ||
| 2015 | 26.1% | -0.54pp | ||
| 2014 | 26.7% | +1.09pp | ||
| 2013 | 25.6% | +6.19pp | ||
| 2012 | 19.4% | +3.97pp | ||
| 2011 | 15.4% | +4.01pp | ||
| 2010 | 11.4% | +2.18pp | ||
| 2009 | 9.2% | +2.93pp | ||
| 2008 | 6.3% | -13.50pp | ||
| 2007 | 19.8% | -0.20pp | ||
| 2006 | 20.0% | +0.71pp | ||
| 2005 | 19.3% | -2.87pp | ||
| 2004 | 22.1% | -7.72pp | ||
| 2003 | 29.9% | -5.62pp | ||
| 2002 | 35.5% | +5.36pp | ||
| 2001 | 30.1% | +4.40pp | ||
| 2000 | 25.7% | -3.40pp | ||
| 1999 | 29.1% | -3.10pp | ||
| 1998 | 32.2% | -3.44pp | ||
| 1997 | 35.7% | -1.06pp | ||
| 1996 | 36.7% | — |
- 2025-21.1%-20.39pp
- 2024-0.7%-6.91pp
- 20236.2%+48.27pp
- 2022-42.1%-32.87pp
- 2021-9.2%-9.21pp
- 20200.0%-55.33pp
- 201955.3%+37.57pp
- 201817.8%-18.66pp
- 201736.4%+2.98pp
- 201633.4%+7.33pp
- 201526.1%-0.54pp
- 201426.7%+1.09pp
- 201325.6%+6.19pp
- 201219.4%+3.97pp
- 201115.4%+4.01pp
- 201011.4%+2.18pp
- 20099.2%+2.93pp
- 20086.3%-13.50pp
- 200719.8%-0.20pp
- 200620.0%+0.71pp
- 200519.3%-2.87pp
- 200422.1%-7.72pp
- 200329.9%-5.62pp
- 200235.5%+5.36pp
- 200130.1%+4.40pp
- 200025.7%-3.40pp
- 199929.1%-3.10pp
- 199832.2%-3.44pp
- 199735.7%-1.06pp
- 199636.7%—
Operating Margin values are taken from Apartment Investment and Management's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Apartment Investment and Management (AIV)
According to Apartment Investment and Management's latest reported financial statements, the company's latest reported operating margin is -22.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Apartment Investment and Management (AIV) most recent annual operating margin stands at -21.11% (2025) – contracted 20.4 percentage points year-over-year.
2019 marks the peak operating margin at 55.33%, with the historical low of -42.08% recorded in 2022.
Apartment Investment and Management Operating Margin by Year
Apartment Investment and Management Operating Margin 2025: -21.1%
Apartment Investment and Management posted operating margin of -21.11% in 2025, contracted 20.4 percentage points from 2024.
Apartment Investment and Management Operating Margin 2024: -0.7%
In 2024, Apartment Investment and Management reported operating margin of -0.72%, contracted 6.9 percentage points from 2023.
Apartment Investment and Management Operating Margin 2023: 6.2%
Apartment Investment and Management operating margin in 2023 was 6.19%, expanded 48.3 percentage points from 2022.
Apartment Investment and Management Operating Margin 2022: -42.1%
2022's operating margin for Apartment Investment and Management came in at -42.08%, contracted 32.9 percentage points from 2021. This figure represents the lowest annual value in the available history.
Apartment Investment and Management Operating Margin 2021: -9.2%
Apartment Investment and Management operating margin in 2021 was -9.21%.
See more financial history for Apartment Investment and Management (AIV).
Sector peers by Operating Margin
Real Estate peers of Apartment Investment and Management (AIV), ranked by their latest operating margin
| 50.8% | |
| 48.3% | |
| 44.2% | |
| 38.9% | |
| 29.3% | |
| 20.8% | |
| 14.6% | |
| 4.6% |
- 50.8%
- 44.2%
- 38.9%
- 29.3%
- 20.8%
- 4.6%
Frequently asked questions
Apartment Investment and Management (AIV) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation