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Apartment Income REIT Corp.
Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (“REIT”). AIR’s portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management. The AIR Edge is a durable operating advantage in driving organic growth, as well as making possible the opportunity for excess returns for properties new to AIR’s platform. As of June 28, 2024, Apartment Income REIT Corp. operates as a subsidiary of Blackstone Real Estate Advisors L.P.
Market Cap
$5.7B
Volume
1.0M
Cash and Equivalents
$87.8M
EBITDA
$438.0M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$500.1M
Profit Margin
65.10%
52 Week High
$39.10
52 Week Low
$28.22
Dividend
N/A
Price / Book Value
2.49
Price / Earnings
9.03
Price / Tangible Book Value
2.53
Enterprise Value
$9.2B
Enterprise Value / EBITDA
20.97
Operating Income
$111.3M
Return on Equity
28.61%
Return on Assets
1.09
Cash and Short Term Investments
$103.5M
Debt
$3.3B
Equity
$2.5B
Revenue
$768.2M
Unlevered FCF
-$22.2M
Sector
Residential REITs
Category
N/A
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