tiprankstipranks
Apartment Income REIT (AIRC)
NYSE:AIRC
US Market

Apartment Income REIT (AIRC) Income Statement

158 Followers

Apartment Income REIT Income Statement

Last quarter (Q3 2023), Apartment Income REIT's total revenue was $197.31M, a decrease of -1.77% from the same quarter last year. In Q3, Apartment Income REIT's net income was $663.60M. See Apartment Income REIT’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 623.86M$ 773.72M$ 740.85M$ 719.56M$ 770.60M$ 840.25M
Cost of Revenue
-$ 193.36M$ 168.92M$ 249.04M$ 261.24M$ 285.64M
Gross Profit
$ 623.86M$ 773.72M$ 740.85M$ 470.52M$ 509.36M$ 554.60M
Operating Expense
$ 512.68M$ 646.22M$ 633.65M$ 441.18M$ 383.63M$ 378.46M
Operating Income
$ 538.06M$ 650.03M$ 643.41M$ 29.34M$ 125.73M$ 176.15M
Net Non Operating Interest Income Expense
$ -90.68M$ -66.19M$ -70.82M$ -147.99M$ -141.59M$ -170.48M
Other Income Expense
$ -17.08M$ 23.64M$ 156.71M$ 99.51M$ 504.70M$ 676.60M
Pretax Income
$ 707.07M$ 973.97M$ 473.98M$ -19.14M$ 488.84M$ 682.27M
Tax Provision
$ 5.91M$ 3.92M$ -5.25M$ 95.44M$ 305.00K$ -13.35M
Earnings From Equity Interest Net Of Tax
$ -10.39M-----
Net Income Common Stockholders
$ 650.70M$ 903.64M$ 475.56M$ -104.33M$ 466.14M$ 656.60M
Basic EPS
$ 4.41$ 5.86$ 2.90$ -0.85$ 3.91$ 5.38
Diluted EPS
$ 4.34$ 5.81$ 2.89$ -0.85$ 3.90$ 5.37
Basic Average Shares
$ 445.12M$ 154.09M$ 154.13M$ 122.45M$ 119.30M$ 122.10M
Diluted Average Shares
$ 447.69M$ 156.59M$ 154.50M$ 122.45M$ 119.48M$ 122.24M
Dividend Per Share
-$ 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
$ 512.68M$ 839.58M$ 802.57M$ 690.22M$ 644.88M$ 664.10M
Net Income From Continuing And Discontinued Operation
$ 650.88M$ 904.43M$ 482.47M$ -104.13M$ 474.08M$ 666.23M
Normalized Income
$ -7.71M$ 770.06M-$ -188.00M$ -49.80M$ 150.69M
Interest Expense
---$ 160.36M$ 150.89M$ 179.81M
EBIT
$ 803.70M$ 1.09B$ 603.45M$ 141.22M$ 639.73M$ 862.07M
EBITDA
$ 1.03B$ 1.79B$ 1.56B$ 462.17M$ 957.01M$ 1.19B
Currency in USD

Apartment Income REIT Earnings and Revenue History

What's Included in PREMIUM?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis