AVB · Avalonbay Communities Inc
$189.61
-1.19 (-0.62%)
At close · Jul 24
Market Cap
$26.38B
Shares
139.11M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$3.04B
+4.4%
FY2025
Net Income
$1.06B
-2.3%
FY2025
Operating Margin
66.46%
+0.9pp
FY2025
Diluted EPS
$7.40
-2.6%
FY2025
Operating Cash Flow
$1.67B
+3.9%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.07B | $3.04B | $2.91B | $2.77B | $2.59B | $2.29B | $2.3B | $2.32B | $2.28B | $2.16B | $2.05B | $1.86B | $1.69B | $1.46B | $1B | $900.09M | $842.82M | $829.92M | $813.76M | $727.79M | |
| $3.06B | $3.03B | $2.91B | $2.76B | $2.59B | $2.29B | $2.3B | $2.32B | $2.28B | $2.15B | — | — | — | — | — | — | — | — | — | — | |
| $521.2M | — | — | — | — | — | — | — | $529M | $503.95M | $478.44M | $448.75M | $410.67M | $352.25M | $259.35M | $246.87M | $246.26M | $246.25M | — | — | |
| $88.98M | $86.68M | $77.7M | $76.53M | $74.06M | $69.61M | $60.34M | $58.04M | $60.37M | $53.7M | $45.77M | $42.77M | $41.43M | $39.57M | $34.1M | $29.37M | $26.85M | $28.75M | -$42.78M | $28.49M | |
| $5.9M | $1.28M | $2.94M | $9.12M | $0 | $3.12M | $0 | $0 | $215K | $6.25M | -$3.94M | -$10.54M | $0 | $0 | $0 | $12.1M | $0 | $21.15M | $9.95M | $0 | |
| — | — | — | — | — | — | — | $1.7B | $1.7B | $1.59B | $1.46B | $1.31B | $1.25B | $1.39B | $785.58M | $778.71M | $751.53M | $753.5M | $719.25M | $568.14M | |
| $2.44B | $2.39B | $2.25B | $2.13B | $2.06B | $1.93B | $1.83B | $1.7B | $1.7B | — | — | — | — | — | — | — | — | — | — | — | |
| $2.04B | $2.02B | $1.91B | $1.79B | $1.7B | $1.46B | $1.47B | $1.55B | $1.49B | $1.4B | $1.31B | $1.22B | $1.1B | $966.06M | $667.93M | $599.93M | $545.51M | — | — | — | |
| — | 66.46% | 65.55% | 64.7% | 65.6% | 63.48% | 63.98% | 66.76% | 65.01% | 64.81% | 64.25% | 65.5% | 65.26% | 66.04% | 66.75% | 66.65% | 64.72% | — | — | — | |
| $270.81M | $259.18M | $226.59M | $205.99M | $230.07M | $220.42M | $214.15M | $203.59M | $220.97M | $199.66M | $187.51M | $175.62M | $180.62M | $172.4M | $136.92M | $167.81M | — | — | — | — | |
| -$9.52M | -$10.85M | -$18.34M | -$33.48M | -$16.57M | -$3.23M | -$12.4M | -$4.99M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $339.95M | $364.16M | $287.99M | $600.96M | $630.75M | $346.04M | $172.33M | $385.98M | $281.75M | $442.92M | $158.85M | $255.3M | $278.47M | $146.59M | $294.81M | $74.07M | $68.72M | -$284.9M | -$107.03M | |
| — | — | $50.68M | $13.45M | $53.39M | $38.59M | $6.42M | $8.65M | $15.27M | $70.74M | $64.96M | $70.02M | $148.77M | -$11.15M | $20.91M | $5.12M | $762K | $1.44M | -$4.57M | $59.17M | |
| $1.15B | $1.06B | $1.08B | $938.59M | $1.15B | $1.01B | $824.46M | $799.11M | $974.02M | $876.8M | $1.03B | $743.22M | $668.52M | $57.83M | $250.43M | — | — | — | — | — | |
| -$1.31M | -$1.14M | $445K | $10.15M | $14.65M | $5.73M | -$3.25M | $13M | -$160K | $141K | $305K | $1.48M | $9.37M | $0 | $0 | — | — | — | — | — | |
| $1.14B | $1.06B | $1.08B | $928.83M | $1.14B | $1B | $827.71M | $786.1M | $974.53M | $876.92M | $1.03B | $742.04M | $683.57M | $353.14M | $423.87M | $440.45M | $176.26M | $155.65M | $411.49M | $358.16M | |
| — | 34.75% | 37.13% | 33.56% | 43.82% | 43.77% | 35.97% | 33.82% | 42.66% | 40.62% | 50.56% | 39.98% | 40.57% | 24.14% | 42.36% | 48.93% | 20.91% | 18.75% | 50.57% | 49.21% | |
| $7.86M | $5.3M | $181K | -$387K | -$337K | $57K | $76K | $129K | -$350K | -$261K | -$294K | -$305K | $13.76M | -$370K | -$307K | -$252K | -$1.25M | -$1.37M | $741K | $1.59M | |
| — | $1.05B | $1.08B | $928.83M | $1.14B | $1B | $827.63M | $785.97M | $974.53M | $876.92M | $1.03B | $742.04M | $683.57M | $353.14M | $423.87M | $441.62M | $175.33M | $155.65M | $401.03M | $349.46M | |
| $1.14B | $1.04B | $1.1B | $943.52M | $1.16B | $1.02B | $818.88M | $780.62M | $985.8M | $870.01M | $1.03B | $753.17M | $689.68M | $412.52M | $402.88M | $355.78M | $175.22M | $157.51M | $401.47M | $349.67M | |
| USD/shares | — | $7.40 | $7.61 | $6.56 | $8.13 | $7.19 | $5.89 | $5.64 | $7.05 | $6.36 | $7.53 | $5.54 | $5.22 | $2.78 | $4.34 | $4.89 | $2.08 | $1.94 | $5.21 | $4.43 |
| USD/shares | — | $7.40 | $7.60G | $6.56G | $8.12 | $7.19 | $5.89 | $5.63 | $7.05 | $6.35 | $7.52 | $5.51 | $5.21 | $2.78 | $4.32 | $4.87 | $2.07 | $1.93 | $5.17 | $4.38 |
| shares | — | 141.74M | 142M | 141.31M | 139.63M | 139.39M | 140.09M | 139.05M | 137.84M | 137.52M | 136.93M | 133.57M | 130.59M | 126.86M | 97.42M | 89.92M | 83.86M | 79.95M | 76.78M | — |
| shares | — | 142.83M | 142.46M | 141.64M | 139.98M | 139.72M | 140.44M | 139.57M | 138.29M | 138.07M | 137.46M | 134.59M | 131.24M | 127.27M | 98.03M | 90.78M | 84.63M | 80.6M | 77.58M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $973.99M in buybacks, $6.73B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
23.50×
REIT - Residential median 31.38×
P/FFO (FY2025)
16.20×
REIT - Residential median 16.00×
P/FFO uses the company-stated “FFO attributable to common stockholders”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Same Store | $2,542,634,000 | $2,394,292,000 | $1,995,716,000 | $2,026,462,000 | $2,040,575,000 | — | — |
| Other Stabilized Communities | $134,804,000 | $93,305,000 | $121,659,000 | $79,431,000 | $110,434,000 | $238,584,000 | $174,933,000 |
| Development Redevelopment | $61,552,000 | $29,734,000 | $42,885,000 | $28,298,000 | $28,777,000 | $120,822,000 | $235,266,000 |
| Established Communities | — | — | — | $2,028,317,000 | $2,107,288,000 | $1,731,570,000 | $1,574,110,000 |
By Geography (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Southern California | $551,743,000 | $520,483,000 | $441,765,000 | $865,644,000 | $895,824,000 | $394,519,000 | $330,024,000 |
| Metro NY NJ | $529,684,000 | $495,107,000 | $407,621,000 | $845,625,000 | $895,289,000 | $379,968,000 | $354,444,000 |
| Northern California | $425,165,000 | $405,184,000 | $366,215,000 | $779,296,000 | $795,186,000 | $340,247,000 | $357,209,000 |
| Mid-Atlantic | $369,027,000 | $348,096,000 | $302,652,000 | $677,575,000 | $703,360,000 | $284,381,000 | $232,987,000 |
| New England | $366,777,000 | $341,769,000 | $295,505,000 | $592,629,000 | $590,960,000 | $223,594,000 | $215,133,000 |
| Pacific Northwest | $171,740,000 | $165,186,000 | $126,513,000 | $220,297,000 | $220,438,000 | $108,861,000 | $84,313,000 |
| Southeast Florida | $76,301,000 | $69,685,000 | $31,703,000 | $29,151,000 | $17,709,000 | — | — |
| Denver CO | $28,209,000 | $26,848,000 | $23,742,000 | $21,293,000 | $5,694,000 | — | — |
| Other Expansion Regions | $23,988,000 | $21,934,000 | — | — | — | — | — |
| Expansion Markets | — | — | — | $23,269,000 | $23,403,000 | — | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Same Store | $1,755,112,000 | $1,655,706,000 | $1,356,363,000 | $1,408,949,000 | $1,461,016,000 | — | — |
| Other Stabilized Communities | $92,808,000 | $67,462,000 | $75,422,000 | $52,614,000 | $74,814,000 | $159,745,000 | $117,837,000 |
| Development Redevelopment | $38,828,000 | $18,686,000 | $25,090,000 | $10,858,000 | $16,061,000 | $80,766,000 | $153,052,000 |
| Established Communities | — | — | — | — | — | $1,244,621,000 | $1,128,089,000 |
Operating Margin by Segment (%)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Same Store | 69% | 69.2% | 68% | 69.5% | 71.6% | — | — |
| Other Stabilized Communities | 68.8% | 72.3% | 62% | 66.2% | 67.7% | 67% | 67.4% |
| Development Redevelopment | 63.1% | 62.8% | 58.5% | 38.4% | 55.8% | 66.8% | 65.1% |
| Established Communities | — | — | — | — | — | 71.9% | 71.7% |
Key facts
CIK
915912
CUSIP
053484101
13F (30d)
175 filings
173 filers
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