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Side-by-side financial comparison of APARTMENT INVESTMENT & MANAGEMENT CO (AIV) and NORTH EUROPEAN OIL ROYALTY TRUST (NRT). Click either name above to swap in a different company.

NORTH EUROPEAN OIL ROYALTY TRUST is the larger business by last-quarter revenue ($2.2M vs $2.1M, roughly 1.1× APARTMENT INVESTMENT & MANAGEMENT CO). APARTMENT INVESTMENT & MANAGEMENT CO runs the higher net margin — 14155.2% vs 87.2%, a 14068.0% gap on every dollar of revenue. On growth, NORTH EUROPEAN OIL ROYALTY TRUST posted the faster year-over-year revenue change (329.5% vs 16.7%).

Beach Point Capital Management is an American hedge fund management firm headquartered in Santa Monica, California.The firm focuses on credit related investments.

North European Oil Royalty Trust is a publicly traded royalty trust holding overriding royalty interests in North Sea oil and gas producing properties. It earns revenue from its assets' production sales, distributing nearly all net income to unitholders regularly, with no active drilling or exploration operations.

AIV vs NRT — Head-to-Head

Bigger by revenue
NRT
NRT
1.1× larger
NRT
$2.2M
$2.1M
AIV
Growing faster (revenue YoY)
NRT
NRT
+312.8% gap
NRT
329.5%
16.7%
AIV
Higher net margin
AIV
AIV
14068.0% more per $
AIV
14155.2%
87.2%
NRT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AIV
AIV
NRT
NRT
Revenue
$2.1M
$2.2M
Net Profit
$297.3M
$1.9M
Gross Margin
Operating Margin
Net Margin
14155.2%
87.2%
Revenue YoY
16.7%
329.5%
Net Profit YoY
2721.3%
581.3%
EPS (diluted)
$2.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIV
AIV
NRT
NRT
Q1 26
$2.2M
Q4 25
$2.1M
Q3 25
$35.1M
Q2 25
$52.8M
Q1 25
$52.4M
$519.4K
Q4 24
$1.8M
Q3 24
$35.3M
Q2 24
$51.1M
Net Profit
AIV
AIV
NRT
NRT
Q1 26
$1.9M
Q4 25
$297.3M
Q3 25
$283.1M
Q2 25
$-19.3M
Q1 25
$-13.9M
$285.5K
Q4 24
Q3 24
$-21.9M
Q2 24
$-60.5M
Operating Margin
AIV
AIV
NRT
NRT
Q1 26
Q4 25
Q3 25
51.9%
Q2 25
56.0%
Q1 25
55.9%
Q4 24
Q3 24
50.0%
Q2 24
55.9%
Net Margin
AIV
AIV
NRT
NRT
Q1 26
87.2%
Q4 25
14155.2%
Q3 25
805.9%
Q2 25
-36.6%
Q1 25
-26.6%
55.0%
Q4 24
Q3 24
-62.1%
Q2 24
-118.3%
EPS (diluted)
AIV
AIV
NRT
NRT
Q1 26
Q4 25
$2.07
Q3 25
$2.04
Q2 25
$-0.14
Q1 25
$-0.10
Q4 24
Q3 24
$-0.16
Q2 24
$-0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIV
AIV
NRT
NRT
Cash + ST InvestmentsLiquidity on hand
$394.9M
$3.9M
Total DebtLower is stronger
$738.6M
Stockholders' EquityBook value
$361.9M
Total Assets
$1.7B
$3.9M
Debt / EquityLower = less leverage
2.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIV
AIV
NRT
NRT
Q1 26
$3.9M
Q4 25
$394.9M
Q3 25
$404.4M
Q2 25
$41.4M
Q1 25
$49.1M
Q4 24
$141.1M
Q3 24
$82.6M
Q2 24
$88.5M
Total Debt
AIV
AIV
NRT
NRT
Q1 26
Q4 25
$738.6M
Q3 25
$828.5M
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$829.7M
Q3 24
$1.3B
Q2 24
$1.2B
Stockholders' Equity
AIV
AIV
NRT
NRT
Q1 26
Q4 25
$361.9M
Q3 25
$62.0M
Q2 25
$91.7M
Q1 25
$110.5M
Q4 24
$123.0M
Q3 24
$229.8M
Q2 24
$253.5M
Total Assets
AIV
AIV
NRT
NRT
Q1 26
$3.9M
Q4 25
$1.7B
Q3 25
$2.1B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.1B
Debt / Equity
AIV
AIV
NRT
NRT
Q1 26
Q4 25
2.04×
Q3 25
13.37×
Q2 25
11.99×
Q1 25
9.80×
Q4 24
6.75×
Q3 24
5.44×
Q2 24
4.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIV
AIV
NRT
NRT
Operating Cash FlowLast quarter
$8.1M
Free Cash FlowOCF − Capex
$-91.5M
FCF MarginFCF / Revenue
-4358.6%
Capex IntensityCapex / Revenue
4744.0%
Cash ConversionOCF / Net Profit
0.03×
TTM Free Cash FlowTrailing 4 quarters
$-143.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIV
AIV
NRT
NRT
Q1 26
Q4 25
$8.1M
Q3 25
$8.9M
Q2 25
$9.7M
Q1 25
$3.8M
Q4 24
$47.0M
Q3 24
$16.4M
Q2 24
$8.0M
Free Cash Flow
AIV
AIV
NRT
NRT
Q1 26
Q4 25
$-91.5M
Q3 25
$-19.3M
Q2 25
$-16.8M
Q1 25
$-15.4M
Q4 24
$-113.0M
Q3 24
$-19.6M
Q2 24
$-28.9M
FCF Margin
AIV
AIV
NRT
NRT
Q1 26
Q4 25
-4358.6%
Q3 25
-55.0%
Q2 25
-31.8%
Q1 25
-29.3%
Q4 24
-6280.2%
Q3 24
-55.4%
Q2 24
-56.5%
Capex Intensity
AIV
AIV
NRT
NRT
Q1 26
Q4 25
4744.0%
Q3 25
80.4%
Q2 25
50.1%
Q1 25
36.7%
Q4 24
8890.4%
Q3 24
101.9%
Q2 24
72.2%
Cash Conversion
AIV
AIV
NRT
NRT
Q1 26
Q4 25
0.03×
Q3 25
0.03×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIV
AIV

Other Real Estate$2.0M97%
Other$66.0K3%

NRT
NRT

Segment breakdown not available.

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