AvalonBay Communities, Inc. (BMV:AVB)

AvalonBay Communities Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,082	928.83	1,137	1,004	827.63
Depreciation & Amortization	846.85	816.97	814.98	758.6	707.33
Other Amortization	13.28	12.73	11.22	10.14	9.33
Gain (Loss) on Sale of Assets	-364.16	-287.99	-600.96	-630.75	-354.25
Gain (Loss) on Sale of Investments	-	-	-38.14	-	-5.16
Asset Writedown	18.34	33.48	5.6	0.69	9.26
Stock-Based Compensation	25.37	27.14	33.86	25.51	21.6
Income (Loss) on Equity Investments	-21.69	5.33	43.4	-0.11	13.83
Change in Other Net Operating Assets	6.76	17.8	10.01	10	-25.46
Other Operating Activities	1.13	5.75	5.19	24.8	15.5
Operating Cash Flow	1,608	1,560	1,422	1,203	1,220
Operating Cash Flow Growth	3.07%	9.71%	18.18%	-1.35%	-7.73%
Acquisition of Real Estate Assets	-1,149	-1,099	-1,096	-808.1	-980.94
Sale of Real Estate Assets	711.28	467.1	1,051	974.76	821.81
Net Sale / Acq. of Real Estate Assets	-437.85	-632.03	-44.53	166.67	-159.14
Cash Acquisition	-464.42	-215.89	-536.84	-771.69	-
Investment in Marketable & Equity Securities	-3	-13.39	37.2	9.64	-24.93
Other Investing Activities	-91.6	-67.65	-16.25	-28.66	4.64
Investing Cash Flow	-996.86	-928.96	-560.42	-624.05	-179.43
Long-Term Debt Issued	398.79	399.76	348.57	1,099	1,348
Long-Term Debt Repaid	-309.79	-797	-143.33	-571.71	-1,085
Net Debt Issued (Repaid)	89	-397.24	205.23	526.93	262.19
Issuance of Common Stock	10.54	496.71	20.02	31.87	3.46
Repurchase of Common Stock	-16.88	-12.55	-16.99	-13.46	-198.79
Common Dividends Paid	-961.91	-922.66	-889.61	-888.34	-883.21
Other Financing Activities	4.37	1.39	10.29	-5.86	-37.91
Net Cash Flow	-263.88	-203.29	190.46	230.26	185.92
Cash Interest Paid	213.25	187.52	212.24	203.77	196.85
Levered Free Cash Flow	1,233	1,216	1,149	1,016	996.85
Unlevered Free Cash Flow	1,362	1,332	1,282	1,144	1,121
Change in Working Capital	6.76	17.8	10.01	10	-25.46

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.