AVALONBAY COMMUNITIES INC AVB

Latest FY: 2025 Real Estate REIT - Residential
Market Price $184.11
Market Cap $26.11B
P/E Ratio 24.88
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↓-0.6% YoY
$7.04M
3-Yr CAGR: 3.6%
Net Income ↓-2,827.1% YoY
-$5.30M
Net Margin: -75.2%
Free Cash Flow ↓-0.3% YoY
$1.41B
FCF Yield: 5.39%
EPS (Diluted) ↓-2.6% YoY
$7.40
Basic: $7.40
Return on Equity Efficiency
-0.0%
ROA: -0.0%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (AVB)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2019: Revenue YoY (+38.9%) is identical to Gross Profit YoY (+38.9%). Verify the underlying Revenue and Gross Profit values for FY 2019 and FY 2018.
  • FY 2020: Revenue YoY (-23.0%) is identical to Gross Profit YoY (-23.0%). Verify the underlying Revenue and Gross Profit values for FY 2020 and FY 2019.
  • FY 2021: Revenue YoY (-19.2%) is identical to Gross Profit YoY (-19.2%). Verify the underlying Revenue and Gross Profit values for FY 2021 and FY 2020.
  • FY 2022: Revenue YoY (+105.4%) is identical to Gross Profit YoY (+105.4%). Verify the underlying Revenue and Gross Profit values for FY 2022 and FY 2021.
  • FY 2023: Revenue YoY (+21.9%) is identical to Gross Profit YoY (+21.9%). Verify the underlying Revenue and Gross Profit values for FY 2023 and FY 2022.
  • FY 2024: Revenue YoY (-8.3%) is identical to Gross Profit YoY (-8.3%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
  • FY 2025: Revenue YoY (-0.6%) is identical to Gross Profit YoY (-0.6%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $2,045.3M $1,857.7M $1,034.0M $7.52 $1,143.5M $1,137.6M
FY 2017 $2,158.6M +5.5% $1,959.0M $876.9M -15.2% $6.35 -15.6% $1,256.3M $1,247.4M +9.7%
FY 2018 $3.6M -99.8% $3.6M $974.5M +11.1% $7.05 +11.0% $1,301.1M $1,297.8M +4.0%
FY 2019 $5.0M +38.9% $5.0M $-0.1M -100.0% $5.63 -20.1% $1,321.8M $1,316.5M +1.4%
FY 2020 $3.8M -23.0% $3.8M $-0.1M +41.1% $5.89 +4.6% $1,219.6M
FY 2021 $3.1M -19.2% $3.1M $-0.1M +25.0% $7.19 +22.1% $1,203.2M
FY 2022 $6.3M +105.4% $6.3M $0.3M +691.2% $8.12 +12.9% $1,421.9M $1,247.2M
FY 2023 $7.7M +21.9% $7.7M $0.4M +14.8% $6.56 -19.2% $1,560.0M $1,362.8M +9.3%
FY 2024 $7.1M -8.3% $7.1M $-0.2M -146.8% $7.60 +15.9% $1,607.9M $1,409.9M +3.5%
FY 2025 $7.0M -0.6% $7.0M $-5.3M -2,827.1% $7.40 -2.6% $1,671.1M $1,406.2M -0.3%
$

Valuation

Market Price $184.11
Market Cap $26.11B
Enterprise Value $35.25B
P/E Ratio 24.88
P/B Ratio 2.25
FCF Yield 5.39%
Dividend Yield 3.80%
Shares Outstanding 141,872,100
%

Profitability & Margins

Gross Margin 2.65%
Operating Margin 28,698.51%
Net Margin -75.23%
Return on Equity (ROE) -0.05%
Return on Assets (ROA) -0.02%
Asset Turnover 0.00x
Revenue 3-Yr CAGR 3.60%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.803
Debt / Assets 0.420
Cash & Equivalents $187.23M
Total Debt $9.33B
Book Value / Share $81.84
💧

Cash Flow Efficiency

Operating Cash Flow $1.67B
Capital Expenditures (CapEx) $264.94M
Free Cash Flow $1.41B
OCF / Revenue 23,730.55%
FCF / Revenue 19,968.23%
FCF 3-Yr CAGR 4.08%
🏷️

Per Share Metrics

EPS (Diluted) $7.40
EPS (Basic) $7.40
Dividends / Share $7.00
Book Value / Share $81.84
EPS YoY Growth -2.63%
🏛️

Balance Sheet (FY 2025)

Total Assets $22.19B
Total Liabilities $10.36B
Stockholders' Equity $11.61B
Current Assets N/A
Current Liabilities N/A