Apartment Investment and Management Company (AIV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 3.83M | -14.33M | 8.93M | 9.67M | 3.83M | 828K | 16.44M | 9.68M | 20.04M | 7.92M | 24.87M | 12.09M | 5.6M | -24.02M | 202.87M | 18.87M | 6.51M | -9.5M | 5.62M | 14.14M |
| Operating CF Growth % | 0% | -1830.19% | -45.71% | -0.12% | -80.9% | -89.54% | -33.89% | -19.92% | 257.92% | 132.96% | -87.74% | -35.94% | -14.01% | -152.87% | 3510.5% | 33.41% | 180.16% | -245.82% | -56.51% | 9.99% |
| Operating CF / Revenue % | - | -41.36% | 25.4% | 18.32% | 7.31% | 1.53% | 46.53% | 18.92% | 39.92% | 16.04% | 52.13% | 26.46% | 12.6% | -57.23% | 424.05% | 37.18% | 12.96% | -19.92% | 13.1% | 34.99% |
| Net Income | -11.71M | 318.66M | 302.99M | -16.98M | -11.71M | -7.64M | -28.84M | -60.53M | -10.19M | -151.5M | 1.66M | 144K | -8.82M | -198.37M | 34.17M | 235.85M | 10.11M | -1.18M | -4.85M | -20.39M |
| Depreciation & Amortization | 12.05M | 13.36M | 12.14M | 16.36M | 16.42M | 21.24M | 21.38M | 22.11M | 19.47M | 17.73M | 17.8M | 17.03M | 16.27M | 15.55M | 85.44M | 34.86M | 23.12M | 21.65M | 21.71M | 20.64M |
| Stock-Based Compensation | 1.14M | 1.69M | 1.67M | 1.41M | 1.14M | 1.64M | 0 | 0 | 0 | 0 | 1.67M | 1.45M | 0 | 0 | 1.95M | 0 | 2.67M | 1.52M | 1.94M | 1.11M |
| Other Non-Cash Items | 2.43M | -277.19M | -308.07M | 1.28M | 3.02M | -2.74M | 20.46M | 51.95M | 1.88M | 148.63M | 1.23M | -5.11M | 5.07M | 158.8M | 80.64M | -240.65M | -22.13M | -3.33M | -9.91M | 9.54M |
| Working Capital Changes | 0 | -7.87M | 315K | 2.02M | -4.95M | -9.32M | 3.43M | -3.86M | 8.88M | -6.94M | 8.71M | -1.01M | -6.92M | 0 | 18.23M | -11.2M | -3.21M | -24.47M | -1.25M | 6M |
| Cash from Investing | -19.75M | 473.15M | 447.55M | -25.99M | -19.75M | 144.96M | -35.77M | -36.12M | -40.89M | 3.39M | -137.49M | -63.4M | -63.31M | -37.65M | 42.43M | -134.57M | -111.45M | -54.77M | -114.59M | -64.11M |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 1.15M | 229K | 200K | -334K | -1.99M | -253K | -80K | 142K | -634K | 6.14M | -14.23M | 212K | -12.09M | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -405K | -53.77M | -5.5M | 0 | -1.91M | -30M | -65.51M | -14.23M | 0 | -12.09M | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63.98M | 0 | 5.75M | 0 | 16.85M | 259.61M | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -19.75M | 637.59M | 475.81M | 437K | -557K | 191.12M | -909K | 572K | -153K | 454K | 554K | 1.7M | 1.58M | 746K | -127.31M | -43K | -33.34M | -11.81M | -37.91M | -13.42M |
| Cash from Financing | -79.8M | -477M | -99.38M | 7.35M | -79.8M | -83.24M | 20.34M | -2.89M | 20.31M | 12.07M | 36.14M | 55.05M | 16.58M | 66M | -114.17M | -94.38M | 37.98M | 46.09M | 76.5M | 109.9M |
| Dividends Paid | -88.21M | -327.34M | 0 | 0 | -88.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.04M | 0 | 0 | 0 | 0 | 0 |
| Common Dividends | 0 | -327.34M | 0 | 0 | -88.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.04M | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 0 | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K |
| Share Repurchases | -256K | -93K | -379K | -70K | -362K | -5.1M | -3.16M | -24.43M | -6.55M | -10.07M | -14.47M | -8.24M | -14.52M | -19.07M | -76K | -3.1M | -1.32M | 0 | 0 | 0 |
| Other Financing | 8.41M | -5.46M | 214K | -5.23M | 4K | -55.35M | -4.03M | -1.2M | -1.16M | -38.24M | -2.89M | 85.59M | -2.81M | -10.05M | 94.88M | -7.69M | 10.29M | 28.38M | -822K | -6.63M |
| Net Change in Cash | -95.72M | -18.17M | 357.1M | -8.97M | -95.72M | 62.55M | 1.01M | -31M | 1.14M | 23.38M | -76.48M | 3.73M | -41.13M | 4.33M | 131.13M | -83.31M | -66.96M | -18.18M | -32.47M | 59.93M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1.67M | 0 | 0 | 0 | 1 | 1 | 0 | 126.77M | 0 | 0 | 0 | 0 |
| Cash at Beginning | 172.96M | 425.36M | 68.27M | 77.24M | 172.96M | 110.41M | 109.4M | 140.4M | 139.27M | 115.89M | 192.37M | 188.63M | 229.77M | 225.44M | 94.31M | 177.62M | 244.58M | 262.76M | 295.23M | 235.31M |
| Cash at End | 77.24M | 407.2M | 425.36M | 68.27M | 77.24M | 172.96M | 110.41M | 109.4M | 140.4M | 139.27M | 115.89M | 192.37M | 188.63M | 229.77M | 225.44M | 94.31M | 177.62M | 244.58M | 262.76M | 295.23M |
| Free Cash Flow | 3.83M | -178.76M | -19.33M | -16.76M | -15.36M | -45.33M | -19.57M | -27.25M | -20.9M | -52.39M | -57.41M | -53.02M | -59.22M | -77.5M | 143.64M | -56.29M | -43.15M | -52.45M | -46.88M | -36.55M |
| FCF Growth % | 124.92% | -294.35% | 1.22% | 38.49% | 26.48% | 13.47% | 65.91% | 48.61% | 64.71% | 32.4% | -139.97% | 5.81% | -37.25% | -47.74% | 406.37% | -54% | -47.08% | -2448.74% | -663.31% | -515.84% |
| FCF / Revenue % | - | -516.06% | -55.03% | -31.77% | -29.35% | -83.68% | -55.4% | -53.27% | -41.62% | -106.15% | -120.35% | -116.08% | -133.24% | -184.65% | 300.24% | -110.94% | -85.86% | -109.98% | -109.3% | -90.43% |