Apartment Income REIT (AIRC)
US Market

Apartment Income REIT (AIRC) Income Statement


Apartment Income REIT Income Statement

Last quarter (Q2 2023), Apartment Income REIT's total revenue was $214.56M, an increase of 16.93% from the same quarter last year. In Q2, Apartment Income REIT's net income was $-1.44M. See Apartment Income REIT’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 627.42M$ 773.72M$ 740.85M$ 719.56M$ 770.60M$ 840.25M
Cost of Revenue
$ 71.25M$ 193.36M$ 268.10M$ 249.04M$ 261.24M$ 285.64M
Gross Profit
$ 556.17M$ 773.72M$ 472.75M$ 470.52M$ 509.36M$ 554.60M
Operating Expense
$ 452.02M$ 646.22M$ 365.55M$ 441.18M$ 383.63M$ 378.46M
Operating Income
$ 248.18M$ 650.03M$ 107.20M$ 29.34M$ 125.73M$ 176.15M
Net Non Operating Interest Income Expense
$ -93.75M$ -66.19M$ -70.82M$ -147.99M$ -141.59M$ -170.48M
Other Income Expense
$ -18.43M$ 23.64M$ 437.59M$ 99.51M$ 504.70M$ 676.60M
Pretax Income
$ -4.59M$ 973.97M$ 473.98M$ -19.14M$ 488.84M$ 682.27M
Tax Provision
$ 1.36M$ 3.92M$ -5.25M$ 95.44M$ 305.00K$ -13.35M
Earnings From Equity Interest Net Of Tax
Net Income Common Stockholders
$ -4.51M$ 903.64M$ 447.12M$ -104.33M$ 466.14M$ 656.60M
Basic EPS
$ -0.08$ 5.86$ 2.90$ -0.85$ 3.91$ 5.38
Diluted EPS
$ -0.08$ 5.81$ 2.89$ -0.85$ 3.90$ 5.37
Basic Average Shares
$ 451.45M$ 154.09M$ 154.13M$ 122.45M$ 119.30M$ 122.10M
Diluted Average Shares
$ 451.70M$ 156.59M$ 154.50M$ 122.45M$ 119.48M$ 122.24M
Dividend Per Share
$ 0.90$ 1.80$ 1.74$ 2.54$ 1.95$ 1.94
Total Operating Income As Reported
Reported Normalized Basic E P S
Reported Normalized Diluted E P S
Rent Expense Supplemental
Total Expenses
$ 523.27M$ 839.58M$ 633.65M$ 690.22M$ 644.88M$ 664.10M
Net Income From Continuing And Discontinued Operation
$ -9.53M$ 904.43M$ 447.62M$ -104.13M$ 474.08M$ 666.23M
Normalized Income
$ 1.76M$ 770.06M$ 127.77M$ -188.00M$ -49.80M$ 150.69M
Interest Expense
$ 32.66M-$ 129.47M$ 160.36M$ 150.89M$ 179.81M
$ 100.28M$ 1.09B$ 603.45M$ 141.22M$ 639.73M$ 862.07M
$ 247.06M$ 1.79B$ 923.19M$ 462.17M$ 957.01M$ 1.19B
Currency in USD

Apartment Income REIT Earnings and Revenue History

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