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Apartment Investment & Management Co (Apartment Investment & Management Co) Operating Margin % : 8.47% (As of Dec. 2023)


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What is Apartment Investment & Management Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Apartment Investment & Management Co's Operating Income for the three months ended in Dec. 2023 was $4.2 Mil. Apartment Investment & Management Co's Revenue for the three months ended in Dec. 2023 was $49.4 Mil. Therefore, Apartment Investment & Management Co's Operating Margin % for the quarter that ended in Dec. 2023 was 8.47%.

The historical rank and industry rank for Apartment Investment & Management Co's Operating Margin % or its related term are showing as below:

AIV' s Operating Margin % Range Over the Past 10 Years
Min: -42.08   Med: 3.59   Max: 17.76
Current: 6.21


AIV's Operating Margin % is ranked worse than
91.94% of 695 companies
in the REITs industry
Industry Median: 51.83 vs AIV: 6.21

Apartment Investment & Management Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Apartment Investment & Management Co's Operating Income for the three months ended in Dec. 2023 was $4.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $11.6 Mil.

Warning Sign:

Apartment Investment & Management Co had lost money in 58% of the time over the past 12quarters.


Apartment Investment & Management Co Operating Margin % Historical Data

The historical data trend for Apartment Investment & Management Co's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apartment Investment & Management Co Operating Margin % Chart

Apartment Investment & Management Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 10.48 0.99 -9.21 -42.08 6.19

Apartment Investment & Management Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 4.72 4.31 7.07 8.47

Competitive Comparison of Apartment Investment & Management Co's Operating Margin %

For the REIT - Residential subindustry, Apartment Investment & Management Co's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apartment Investment & Management Co's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Apartment Investment & Management Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Apartment Investment & Management Co's Operating Margin % falls into.



Apartment Investment & Management Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Apartment Investment & Management Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=11.584 / 186.995
=6.19 %

Apartment Investment & Management Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4.182 / 49.352
=8.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apartment Investment & Management Co  (NYSE:AIV) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Apartment Investment & Management Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of Apartment Investment & Management Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Apartment Investment & Management Co (Apartment Investment & Management Co) Business Description

Traded in Other Exchanges
N/A
Address
4582 South Ulster Street, Suite 1450, Denver, CO, USA, 80237
Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other. The company generates majority of revenue from operating segment.
Executives
Sherry L Rexroad director 2 BAYBERRY CIRCLE, AMBLER PA 19002
Kellie Dreyer officer: Senior Vice President and CAO 4582 S. ULSTER ST. SUITE 1450, DENVER CO 80237
James Patrick Sullivan director 34 SOUTH PEAK, LAGUNA NIGUEL CA 92677
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Michael A Stein director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Kirk Sykes director C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Robert A. Miller director 6649 WESTWOOD BLVD, SUITE 500, ORLANDO FL 32821
R Dary Stone director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Quincy Allen director 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Deborah Smith director 4582 S. ULSTER STREET, SUITE 1450, DENVER CO 80237
Terry Considine director 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jennifer Johnson officer: EVP CAO and General Counsel 4582 S. ULSTER STREET, STE 1400, DENVER CO 80237
Wesley William Powell director, officer: President and CEO 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Lynn Stanfield officer: EVP and CFO 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237

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