This company has been acquired
Apartment Income REIT Management
Management criteria checks 3/4
Apartment Income REIT's CEO is Terry Considine, appointed in Jan 1975, has a tenure of 49.42 years. total yearly compensation is $8.19M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth $829.93K. The average tenure of the management team and the board of directors is 6.1 years and 4.2 years respectively.
Key information
Terry Considine
Chief executive officer
US$8.2m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 49.4yrs |
| CEO ownership | 0.01% |
| Management average tenure | 6.1yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Blackstone's Acquisition Of Apartment Income REIT Is Likely Priced In
Apr 09Apartment Income REIT: Overlooked And Undervalued 5.7% Yielder
Feb 12Apartment Income REIT: Outperforming, Strong Growth, 5%-Plus Yield
Dec 24Apartment Income REIT: Quality Business Model, Sluggish Valuation
Oct 23Apartment Income REIT: A Good Pick In An Attractive Sector
Sep 01Apartment Income REIT: Cause For Pause
Aug 24Apartment Income REIT: Coastal And Sunbelt Exposure With Industry Leading Forward Growth, Gross Margins
Jun 12Apartment Income REIT FFO of $0.59 misses by $0.01, revenue of $207.87M beats by $5.56M
Feb 09Apartment Income REIT: A Higher Yielding Multifamily Operator
Jan 243 Intriguing Bargains In Apartment REITs
Nov 10Apartment Income REIT declares $0.45 dividend
Nov 01Apartment Income REIT: High Yield With Low Risk
Sep 23Apartment Income REIT FFO of $0.66 in-line, revenue of $183.5M in-line
Jul 29Apartment Income REIT: 4% Dividend And Inflation Hedge
Jul 15Apartment Income REIT: An Undervalued REIT With An Excellent CEO
May 26Apartment Income REIT Still Makes A Decent Buy For Conservative Dividend Investors
Apr 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$639m |
| Dec 31 2023 | US$8m | US$800k | US$634m |
| Sep 30 2023 | n/a | n/a | US$980m |
| Jun 30 2023 | n/a | n/a | US$318m |
| Mar 31 2023 | n/a | n/a | US$516m |
| Dec 31 2022 | US$5m | US$400k | US$904m |
| Sep 30 2022 | n/a | n/a | US$947m |
| Jun 30 2022 | n/a | n/a | US$955m |
| Mar 31 2022 | n/a | n/a | US$740m |
| Dec 31 2021 | US$3m | n/a | US$447m |
| Sep 30 2021 | n/a | n/a | -US$52m |
| Jun 30 2021 | n/a | n/a | -US$89m |
| Mar 31 2021 | n/a | n/a | -US$35m |
| Dec 31 2020 | US$7m | US$700k | -US$116m |
| Sep 30 2020 | n/a | n/a | US$125m |
| Jun 30 2020 | n/a | n/a | US$155m |
| Mar 31 2020 | n/a | n/a | US$178m |
| Dec 31 2019 | US$7m | US$700k | US$447m |
| Sep 30 2019 | n/a | n/a | US$338m |
| Jun 30 2019 | n/a | n/a | US$903m |
| Mar 31 2019 | n/a | n/a | US$847m |
| Dec 31 2018 | US$7m | US$700k | US$636m |
| Sep 30 2018 | n/a | n/a | US$913m |
| Jun 30 2018 | n/a | n/a | US$364m |
| Mar 31 2018 | n/a | n/a | US$377m |
| Dec 31 2017 | US$6m | US$700k | US$307m |
Compensation vs Market: Terry's total compensation ($USD8.19M) is about average for companies of similar size in the US market ($USD8.44M).
Compensation vs Earnings: Terry's compensation has increased by more than 20% in the past year.
CEO
Terry Considine (76 yo)
49.4yrs
Tenure
US$8,194,878
Compensation
Mr. Terry Considine, J.D., serves as Executive Director of Air Township At Highlands Reit and Air Avery Row Reit, Llc. Mr. Considine serves as Executive Director of Park Towne Place Assoc Ltd Ptn. He serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 49.4yrs | US$8.19m | 0.013% $ 829.9k | |
| President | 16.5yrs | US$2.58m | 0.19% $ 11.8m | |
| Executive VP & CFO | 8.8yrs | US$1.63m | 0.088% $ 5.5m | |
| Executive VP & Chief Investment Officer | less than a year | US$1.96m | 0.041% $ 2.5m | |
| President of Property Operations | 13.4yrs | US$2.23m | 0.12% $ 7.3m | |
| VP & Chief Accounting Officer | less than a year | no data | no data | |
| Executive Vice President of Capital Markets | 3.4yrs | no data | no data | |
| Senior VP & Chief Corporate Responsibility Officer | 3.3yrs | no data | no data |
6.1yrs
Average Tenure
50yo
Average Age
Experienced Management: AIRC's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 29.9yrs | US$8.19m | 0.013% $ 829.9k | |
| Independent Director | 17.2yrs | US$252.61k | 0.041% $ 2.6m | |
| Chairman of the Board | 4.2yrs | US$252.61k | 0.0078% $ 485.5k | |
| Independent Director | 2.5yrs | US$252.61k | 0.014% $ 884.4k | |
| Independent Director | 4.2yrs | US$252.61k | 0.0065% $ 401.4k | |
| Independent Director | 8.3yrs | US$252.61k | 0.014% $ 851.0k | |
| Independent Director | 6.1yrs | US$252.61k | 0.0093% $ 577.6k | |
| Independent Director | 2.5yrs | US$252.61k | no data | |
| Independent Director | 2.5yrs | US$252.61k | 0.0054% $ 335.2k |
4.2yrs
Average Tenure
67yo
Average Age
Experienced Board: AIRC's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/28 08:03 |
| End of Day Share Price | 2024/06/28 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Apartment Income REIT Corp. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Andrew Babin | Baird |
| Ross Smotrich | Barclays |