A mid-sized company, with exceptional profitability valued in line with the market.
As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the Expansion Markets).
Comprehensive financial statement data for deep analysis
| Metric | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Return on Equity | - | - | - | - | - |
| Return on Invested Capital | - | - | - | - | - |
| Gross Margin | 62.8% | 64.6%↑2.8% | 64.3%↓0.4% | 63.2%↓1.8% | 67.0%↑6.1% |
| Operating Margin | 26.7% | 30.3%↑13.4% | 32.0%↑5.7% | 31.4%↓1.8% | 30.1%↓4.3% |
| Net Margin | 43.8% | 43.8%↑0.2% | 33.6%↓23.4% | 37.1%↑10.7% | 34.6%↓6.7% |
| Earnings Yield | - | - | - | - | - |