AvalonBay Communities, Inc.

AvalonBay Communities, Inc.

AVB
AvalonBay Communities, Inc.US flagNew York Stock Exchange
185.61
USD
-2.17
- -
26.37BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.53
12.88
13.86
14.9
15.65
16.52
16.67
16.39
16.43
18.54
19.55
20.48
21.41
21.89
Basic EPS, GAAP
2.78
5.22
5.54
7.53
6.36
7.05
5.64
5.89
7.19
8.13
6.56
7.61
7.4
7.3
Free Cash Flow per Basic Share
5.71
6.77
8.03
8.45
9.11
9.41
9.48
8.69
8.61
10.16
11.02
11.3
11.77
11.79
Dividend per Share
4.15
4.54
4.9
5.3
5.61
5.83
6.03
6.29
6.36
6.36
6.52
6.76
6.99
7.09
Book Value per Share
66.42
68.51
71.83
74.07
75.22
76.77
78.14
77.06
78.23
80.43
82.97
83.94
82.89
84.74
Tangible Book Value per Share
66.42
68.51
71.83
74.07
75.22
76.77
78.14
77.06
78.23
80.43
82.97
83.94
82.89
84.74
Basic Weighted Avg Shares
127
131
134
137
138
138
139
140
140
140
142
142
142
141
Sales/Revenue/Turnover
1,463
1,685
1,856
2,045
2,159
2,285
2,325
2,301
2,295
2,593
2,768
2,914
3,041
3,083
Operating Margin (%)
24.07
36.3
37.34
38.37
36.99
36.17
36
30.87
26.7
30.28
32.02
31.43
30.25
29.53
Depreciation Expense
560
443
478
531
584
631
662
707
759
815
817
847
913
930
Net Income, GAAP
353
684
742
1,034
877
975
786
828
1,004
1,137
929
1,082
1,051
1,027
Effective Tax Rate (%)
- -
1.4
0.2
0.03
0.02
- -
1.63
- -
0.57
1.27
1.08
0.04
- -
0.04
Profit Margin (%)
24.14
40.57
39.98
50.56
40.62
42.66
33.81
35.96
43.76
43.83
33.56
37.13
34.57
33.33
Working Capital
-126
92
-35
-238
-398
-396
-467
-298
-58
75
-164
-479
-1,190
-1,492
LT Debt
6,134
6,490
6,457
7,031
7,329
7,040
7,437
7,746
8,270
8,479
8,135
8,251
8,754
8,271
Total Equity
8,617
9,059
9,851
10,179
10,394
10,636
10,993
10,755
10,936
11,256
11,785
11,941
11,834
12,229
Return on Invested Capital (%)
2.77
3.98
4.34
4.68
4.57
- -
4.56
- -
3.23
3.98
4.42
4.56
- -
- -
Return on Capital (%)
4.13
5.6
5.76
7.29
6.16
- -
5.46
- -
6.49
7.01
5.71
6.52
- -
4.29
Return on Common Equity (%)
4.58
7.75
7.86
10.33
8.53
9.27
7.27
7.61
9.26
10.25
8.06
9.12
8.93
8.57

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
740
770
916
LT Borrowings
8,589
8,590
8,109
LT Finance Leases
165
164
162
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
140
139
142
Market Capitalization
25,398
22,724
26,771

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
353
291
246
Cash, Cash Equivalents & STI
187
121
81
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,543
1,597
1,738
Payables & Accruals
803
827
822
ST Debt
740
770
916
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.87%
1.95%
-0.89%
Free Cash Flow
4.72%
6.71%
3.93%
Net Income, GAAP
5.11%
5.98%
-2.84%
Sales/Revenue/Turnover
5.14%
5.82%
4.36%
Total Cash Common Dividend
4.27%
2.36%
3.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
713
726
734
741
2,914
2025
746
760
767
768
3,041
2026
770
778
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.22
1.78
2.62
1.98
7.61
2025
1.66
1.89
2.68
1.17
7.4
2026
2.33
1.11
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.67
1.7
1.7
1.7
6.76
2025
1.71
1.75
1.76
1.77
6.99
2026
1.79
1.78
- -
- -
- -

Company Description

APIChatGPT
CEO
Benjamin W. Schall
Full Time Employees
2,928
Sector
Real Estate
Industry
REIT - Residential
Address
4040 Wilson Boulevard Arlington VA United States of America 22203
IPO Date
Mar 11, 1994
Business
AvalonBay Communities, Inc. AvalonBay Communities, Inc. (NYSE: AVB), a Maryland corporation founded in 1998 through the merger of Avalon Properties, Inc. and Bay Apartment Communities, Inc., operates as a leading real estate investment trust (REIT) focused on the development, redevelopment, acquisition, ownership, and management of high-quality multifamily apartment communities containing approximately 97,000 apartment homes across 12 states and Washington, DC, with headquarters in Arlington, Virginia. The company targets high barrier-to-entry U.S. metropolitan markets characterized by strong employment growth in high-wage sectors, lower housing affordability, and vibrant quality of life, including core coastal regions such as New England, Metro New York/New Jersey, Mid-Atlantic, Pacific Northwest, Northern and Southern California, as well as expansion markets like Denver, Southeast Florida, Dallas, Austin, Charlotte, and Raleigh-Durham; its portfolio features a targeted mix of 75% established and 25% expansion markets, with 80% suburban and 20% urban properties, offering distinctive living experiences under brands including Avalon, AVA, Eaves by Avalon, and Kanso, encompassing studios to multi-bedroom units equipped with modern amenities such as fitness centers, pools, communal spaces, and professional management services delivered through an efficient operating platform emphasizing resident satisfaction, NOI growth, and sustainability initiatives like Scope 1 and 2 GHG emissions reductions. AvalonBay Communities, Inc. systematically lists its core offerings as upscale rental apartments in Established Communities with stabilized occupancy; Other Stabilized Communities; and Development/Redevelopment Communities under construction, serving mid-to-high income renters via an online platform at avaloncommunities.com, while leveraging exceptional development expertise for accretive investments targeting varied renter segments and optimizing portfolio performance through selective dispositions. Recent strategic expansions include the 2025 acquisition of eight apartment communities in Austin and Dallas-Fort Worth, Texas, adding 2,701 homes for approximately $618.5 million to bolster suburban garden-style holdings and operating synergies; the buyout of its joint venture partner's 50% interest in Avalon Alderwood Place, a 328-home community in Lynnwood, Washington, for $71.25 million, consolidating it as a wholly-owned asset; three additional wholly-owned community acquisitions in Q3 2025; the sale of four properties to Foulger Pratt in Washington, DC, aligning with portfolio optimization; completion of four communities adding 600 homes; initiation of two new development projects; the appointment of Conor C. Flynn to its Board of Directors; recognition as 2025 Regional Sector Leader by GRESB; and a new partnership with the Denver Public Schools Foundation celebrated at the Avalon Governor's Park grand opening.

Company News

APIChatGPT
  • Are DSGR, AVB, SLP, APGE Obtaining Fair Deals for their Shareholders?

  • Are DSGR, AVB, SLP, APGE Obtaining Fair Deals for their Shareholders?

  • AvalonBay Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvalonBay Communities, Inc. - AVB

  • AvalonBay Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvalonBay Communities, Inc. - AVB

  • Equity Residential and AvalonBay Announce Vivmark Residential as Name of Combined Company

  • Entropy Technologies LP Acquires New Stake in AvalonBay Communities, Inc. $AVB

  • AvalonBay Q2 FFO Beats Estimates on Same-Store Gains, '26 Views Raised

  • AvalonBay (AVB) Reports Q2 Earnings: What Key Metrics Have to Say

  • AvalonBay Communities (AVB) Beats Q2 FFO and Revenue Estimates

  • AvalonBay Communities, Inc. Provides Q2 2026 Results, Increases Same Store Outlook, and Suspends EPS, FFO, and Core FFO Outlook Due to Proposed Merger

  • Countdown to AvalonBay (AVB) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

  • AvalonBay Communities to Post Q2 Earnings: What Should Investors Know?

  • AvalonBay Communities, Inc. Announces Second Quarter 2026 Earnings Release Date

  • Equity Residential Announces Second Quarter 2026 Earnings Release Date

  • Are AVB, LPRO, APGE, TMHC Obtaining Fair Deals for their Shareholders?

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  • Aerwave Launches First Wi-Fi 7 Community with AvalonBay at Kanso Twinbrook

  • Shareholder Alert: Ademi LLP investigates whether AvalonBay Communities, Inc. is obtaining a Fair Price for Public Shareholders

  • AvalonBay Communities, Inc. Declares Second Quarter 2026 Dividends

  • AvalonBay Communities and Equity Residential Announce Leadership Team for Combined Company