AvalonBay Communities, Inc. (AVB)
NYSE: AVB · Real-Time Price · USD
218.92
-0.46 (-0.21%)
Feb 21, 2025, 4:00 PM EST - Market closed
AvalonBay Communities Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Rental Revenue | 2,907 | 2,760 | 2,587 | 2,292 | 2,297 | Upgrade
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| Property Management Fees | 7.08 | 7.72 | 6.33 | 3.08 | 3.82 | Upgrade
|
| Other Revenue | 50.68 | 13.45 | 15.25 | 38.59 | 1.27 | Upgrade
|
| Total Revenue | 2,964 | 2,781 | 2,609 | 2,333 | 2,303 | Upgrade
|
| Revenue Growth (YoY | 6.58% | 6.62% | 11.80% | 1.34% | -1.07% | Upgrade
|
| Property Expenses | 1,092 | 988.13 | 919.11 | 853.94 | 823.18 | Upgrade
|
| Selling, General & Administrative | 77.7 | 76.53 | 80.06 | 69.61 | 57.79 | Upgrade
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| Depreciation & Amortization | 846.85 | 816.97 | 814.98 | 758.6 | 707.33 | Upgrade
|
| Total Operating Expenses | 2,016 | 1,882 | 1,814 | 1,682 | 1,588 | Upgrade
|
| Operating Income | 948.09 | 899.73 | 794.54 | 651.29 | 714.22 | Upgrade
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| Interest Expense | -252.8 | -205.99 | -230.07 | -220.42 | -214.15 | Upgrade
|
| Interest & Investment Income | 26.21 | - | - | - | - | Upgrade
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| Other Non-Operating Income | 0.75 | 0.17 | 5.13 | 1.12 | - | Upgrade
|
| EBT Excluding Unusual Items | 722.26 | 693.91 | 569.59 | 431.99 | 500.07 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | 38.14 | - | 5.16 | Upgrade
|
| Gain (Loss) on Sale of Assets | 363.3 | 287.42 | 555.56 | 602.24 | 340.88 | Upgrade
|
| Asset Writedown | - | -33.48 | -16.57 | -3.23 | -12.32 | Upgrade
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| Total Legal Settlements | - | - | 6 | - | - | Upgrade
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| Other Unusual Items | -2.94 | -9.27 | -1.65 | -20.91 | -9.33 | Upgrade
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| Pretax Income | 1,083 | 938.59 | 1,151 | 1,010 | 824.46 | Upgrade
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| Income Tax Expense | 0.45 | 10.15 | 14.65 | 5.73 | -3.25 | Upgrade
|
| Earnings From Continuing Operations | 1,082 | 928.44 | 1,136 | 1,004 | 827.71 | Upgrade
|
| Net Income to Company | 1,082 | 928.44 | 1,136 | 1,004 | 827.71 | Upgrade
|
| Minority Interest in Earnings | -0.18 | 0.39 | 0.34 | -0.06 | -0.08 | Upgrade
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| Net Income | 1,082 | 928.83 | 1,137 | 1,004 | 827.63 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | 1.66 | 2.09 | 2.1 | 1.96 | Upgrade
|
| Net Income to Common | 1,082 | 927.16 | 1,135 | 1,002 | 825.68 | Upgrade
|
| Net Income Growth | 16.49% | -18.29% | 13.19% | 21.35% | 5.30% | Upgrade
|
| Basic Shares Outstanding | 142 | 141 | 140 | 139 | 140 | Upgrade
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| Diluted Shares Outstanding | 142 | 142 | 140 | 140 | 140 | Upgrade
|
| Shares Change (YoY) | 0.58% | 1.19% | 0.18% | -0.51% | 0.62% | Upgrade
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| EPS (Basic) | 7.61 | 6.56 | 8.13 | 7.19 | 5.89 | Upgrade
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| EPS (Diluted) | 7.60 | 6.56 | 8.12 | 7.19 | 5.89 | Upgrade
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| EPS Growth | 15.90% | -19.26% | 12.98% | 21.97% | 4.65% | Upgrade
|
| Dividend Per Share | 6.800 | 6.600 | 6.360 | 6.360 | 6.360 | Upgrade
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| Dividend Growth | 3.03% | 3.77% | 0% | 0% | 4.61% | Upgrade
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| Operating Margin | 31.98% | 32.35% | 30.46% | 27.91% | 31.02% | Upgrade
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| Profit Margin | 36.50% | 33.33% | 43.50% | 42.95% | 35.86% | Upgrade
|
| Free Cash Flow Margin | - | 56.09% | 54.51% | 51.56% | 52.97% | Upgrade
|
| EBITDA | 1,790 | 1,717 | 1,610 | 1,410 | 1,422 | Upgrade
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| EBITDA Margin | 60.38% | 61.72% | 61.70% | 60.42% | 61.74% | Upgrade
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| D&A For Ebitda | 841.75 | 816.97 | 814.98 | 758.6 | 707.33 | Upgrade
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| EBIT | 948.09 | 899.73 | 794.54 | 651.29 | 714.22 | Upgrade
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| EBIT Margin | 31.98% | 32.35% | 30.46% | 27.91% | 31.02% | Upgrade
|
| Funds From Operations (FFO) | 1,565 | 1,462 | 1,354 | - | - | Upgrade
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| FFO Per Share | 10.98 | 10.32 | 9.67 | - | - | Upgrade
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| Adjusted Funds From Operations (AFFO) | 1,565 | 1,462 | 1,354 | - | - | Upgrade
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| AFFO Per Share | 10.98 | 10.32 | 9.67 | - | - | Upgrade
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| FFO Payout Ratio | - | 63.10% | 65.72% | - | - | Upgrade
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| Effective Tax Rate | 0.04% | 1.08% | 1.27% | 0.57% | - | Upgrade
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| Revenue as Reported | 2,914 | 2,768 | 2,593 | 2,295 | 2,301 | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.