AvalonBay Communities, Inc. (AVB)
NYSE: AVB · Real-Time Price · USD
182.51
-2.32 (-1.26%)
May 29, 2026, 4:00 PM EDT - Market closed
AvalonBay Communities Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 3,058 | 3,034 | 2,907 | 2,760 | 2,587 | 2,292 |
Service and Other Revenue | 7.14 | 7.04 | 7.08 | 7.72 | 6.33 | 3.08 |
| 3,065 | 3,041 | 2,914 | 2,768 | 2,593 | 2,295 | |
Revenue Growth (YoY) | 4.02% | 4.36% | 5.27% | 6.73% | 13.01% | -0.28% |
Property Expenses | 630.78 | 778.17 | 745.85 | 681.34 | 630.15 | 570.85 |
Service and Other Expenses | 37.94 | - | - | - | - | - |
Total Property Expenses | 668.72 | 778.17 | 745.85 | 681.34 | 630.15 | 570.85 |
Property Taxes | 351.02 | 342.74 | 327.61 | 306.79 | 288.96 | 283.09 |
Gross Profit | 2,045 | 1,920 | 1,840 | 1,780 | 1,674 | 1,441 |
Selling, General & Admin | 110.85 | 86.68 | 77.7 | 76.53 | 74.06 | 69.61 |
Depreciation & Amortization Expenses | 928.59 | 913.38 | 846.85 | 816.97 | 814.98 | 758.6 |
Other Operating Expenses | 15.41 | 12.12 | 21.28 | 42.6 | 16.57 | 6.35 |
Operating Income | 990.54 | 907.63 | 894.47 | 843.68 | 768.73 | 606.35 |
Net Gains on Disposal of Properties | 463.22 | 339.84 | 364.05 | 287.6 | 560.69 | 603.36 |
Interest Income | 63.01 | 67.17 | 50.68 | 13.45 | 53.39 | 38.59 |
Interest Expense | -270.81 | -259.18 | -226.59 | -205.99 | -230.07 | -220.42 |
Other Non-Operating Income (Expense) | - | - | - | -0.15 | -1.65 | -17.79 |
Total Non-Operating Income (Expense) | 255.42 | 147.83 | 188.15 | 94.91 | 382.36 | 403.74 |
Pretax Income | 1,147 | 1,055 | 1,083 | 938.59 | 1,151 | 1,010 |
Provision for Income Taxes | 1.31 | 1.14 | -0.45 | -10.15 | -14.65 | -5.73 |
Net Income | 1,140 | 1,051 | 1,082 | 928.83 | 1,137 | 1,004 |
Minority Interest in Earnings | 7.86 | 5.3 | 0.18 | -0.39 | -0.34 | 0.06 |
Net Income to Common | 1,140 | 1,051 | 1,082 | 928.83 | 1,137 | 1,004 |
Net Income Growth | -0.41% | -2.84% | 16.49% | -18.29% | 13.19% | 21.35% |
Shares Outstanding (Basic) | 141 | 142 | 142 | 141 | 140 | 139 |
Shares Outstanding (Diluted) | 142 | 143 | 142 | 142 | 140 | 140 |
Shares Change (YoY) | -0.08% | 0.26% | 0.57% | 1.19% | 0.18% | -0.51% |
EPS (Basic) | 8.07 | 7.40 | 7.61 | 6.56 | 8.13 | 7.19 |
EPS (Diluted) | 8.06 | 7.40 | 7.60 | 6.56 | 8.12 | 7.19 |
EPS Growth | 0.37% | -2.63% | 15.85% | -19.21% | 12.93% | 22.07% |
Shares Outstanding | 139.11 | 140.08 | 142.25 | 142.03 | 139.92 | 139.75 |
Free Cash Flow | -405.94 | -485.45 | -5.67 | 245.02 | -210.81 | -376.62 |
Free Cash Flow Per Share | -2.85 | -3.40 | -0.04 | 1.73 | -1.51 | -2.70 |
Dividends Per Share | 7.030 | 7.000 | 6.800 | 6.600 | 6.360 | 6.360 |
Dividend Growth | 0.43% | 2.94% | 3.03% | 3.77% | - | - |
Gross Margin | 66.73% | 63.14% | 63.16% | 64.30% | 64.56% | 62.79% |
Operating Margin | 32.32% | 29.85% | 30.70% | 30.48% | 29.64% | 26.42% |
Profit Margin | 37.46% | 34.75% | 37.14% | 33.54% | 43.82% | 43.77% |
FCF Margin | -13.24% | -15.97% | -0.19% | 8.85% | -8.13% | -16.41% |
EBITDA | 1,919 | 1,821 | 1,741 | 1,661 | 1,584 | 1,365 |
EBITDA Margin | 62.61% | 59.89% | 59.76% | 60.00% | 61.07% | 59.48% |
EBIT | 990.54 | 907.63 | 894.47 | 843.68 | 768.73 | 606.35 |
EBIT Margin | 32.32% | 29.85% | 30.70% | 30.48% | 29.64% | 26.42% |
Effective Tax Rate | 0.11% | 0.11% | -0.04% | -1.08% | -1.27% | -0.57% |