| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Rental revenues and other property income | $2.64B+3.6% | $2.55B+5.4% | $2.42B+8.6% | $2.23B+11.8% | $1.99B |
| Management fee revenues | $87.3M+24.8% | $70.0M+412.8% | $13.6M+18.9% | $11.5M+134.6% | $4.9M |
| Total revenues | $2.73B+4.2% | $2.62B+7.7% | $2.43B+8.7% | $2.24B+12.1% | $2.00B |
| Property operating and maintenance | $985.6M+5.4% | $935.3M+6.2% | $880.3M+12.0% | $786.4M+11.4% | $706.2M |
| Property management expense | $149.1M+8.5% | $137.5M+43.5% | $95.8M+9.0% | $87.9M+22.8% | $71.6M |
| General and administrative | $95.3M+5.1% | $90.6M+10.0% | $82.3M+11.2% | $74.0M-2.4% | $75.8M |
| Interest expense | $353.3M-3.5% | $366.1M+9.8% | $333.5M+9.7% | $304.1M-5.8% | $322.7M |
| Depreciation and amortization | $746.9M+4.6% | $714.3M+5.9% | $674.3M+5.7% | $638.1M+7.8% | $592.1M |
| Casualty losses, impairment, and other | $11.4M-86.2% | $82.9M+864.7% | $8.6M-70.0% | $28.7M | — |
| Total expenses | $2.34B+0.6% | $2.33B+12.1% | $2.07B+8.1% | $1.92B+8.0% | $1.78B |
| Gain on sale of property, net of tax | $218.2M-10.8% | $244.6M+33.2% | $183.5M+102.4% | $90.7M+51.1% | $60.0M |
| Losses from investments in unconsolidated joint ventures | -$11.6M+59.2% | -$28.4M-59.1% | -$17.9M-86.1% | -$9.6M-521.3% | -$1.5M |
| Other, net | -$4.3M+91.8% | -$53.0M-2441.3% | -$2.1M+81.5% | -$11.3M-93.0% | -$5.8M |
| Net income | $589.9M+29.5% | $455.4M-12.6% | $521.0M+35.4% | $384.8M+46.4% | $262.8M |
| Net income attributable to non-controlling interests | -$2.0M-37.1% | -$1.4M+7.1% | -$1.6M-6.0% | -$1.5M-8.8% | -$1.4M |
| Net income attributable to common stockholders | $587.9M+29.5% | $453.9M-12.6% | $519.5M+35.5% | $383.3M+46.6% | $261.4M |
| Net income available to participating securities | -$960K-27.5% | -$753K-8.2% | -$696K-5.3% | -$661K-102.1% | -$327K |
| Net income available to common stockholders — basic | $587.0M+29.5% | $453.2M-12.6% | $518.8M+35.6% | $382.7M+46.6% | $261.1M |
| Net income available to common stockholders — diluted | $587.0M+29.5% | $453.2M-12.6% | $518.8M+35.6% | $382.7M+46.6% | $261.1M |
| Weighted average common shares outstanding — basic (in shares) | 612.95B+0.1% | 612.55B+0.1% | 611.89B+0.3% | 609.77B+5.6% | 577.68B |
| Weighted average common shares outstanding — diluted (in shares) | 613.18B-0.1% | 613.63B+0.1% | 613.29B+0.4% | 611.11B+5.5% | 579.21B |
| Net income per common share — basic (in dollars per share) | $960.00+29.7% | $740.00-12.9% | $850.00+34.9% | $630.00+40.0% | $450.00 |
| Net income per common share — diluted (in dollars per share) | $960.00+29.7% | $740.00-12.9% | $850.00+34.9% | $630.00+40.0% | $450.00 |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.