AvalonBay Communities, Inc. (AVB)
NYSE: AVB · Real-Time Price · USD
184.12
-4.25 (-2.26%)
At close: Oct 28, 2025, 4:00 PM EDT
184.00
-0.12 (-0.07%)
After-hours: Oct 28, 2025, 7:26 PM EDT
AvalonBay Communities Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | 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 | 2015 - 2019 |
Rental Revenue | 2,974 | 2,907 | 2,760 | 2,587 | 2,292 | 2,297 | Upgrade |
Property Management Fees | 6.79 | 7.08 | 7.72 | 6.33 | 3.08 | 3.82 | Upgrade |
Other Revenue | 40.04 | 50.68 | 13.45 | 15.25 | 38.59 | 1.27 | Upgrade |
| 3,021 | 2,964 | 2,781 | 2,609 | 2,333 | 2,303 | Upgrade | |
Revenue Growth (YoY | 5.87% | 6.58% | 6.62% | 11.80% | 1.34% | -1.07% | Upgrade |
Property Expenses | 1,103 | 1,073 | 988.13 | 919.11 | 853.94 | 823.18 | Upgrade |
Selling, General & Administrative | 76.49 | 77.7 | 76.53 | 80.06 | 69.61 | 57.79 | Upgrade |
Depreciation & Amortization | 877.28 | 846.85 | 816.97 | 814.98 | 758.6 | 707.33 | Upgrade |
Total Operating Expenses | 2,057 | 1,998 | 1,882 | 1,814 | 1,682 | 1,588 | Upgrade |
Operating Income | 964.26 | 966.43 | 899.73 | 794.54 | 651.29 | 714.22 | Upgrade |
Interest Expense | -239.41 | -226.59 | -205.99 | -230.07 | -220.42 | -214.15 | Upgrade |
Other Non-Operating Income | 4.22 | 0.75 | 0.17 | 5.13 | 1.12 | - | Upgrade |
EBT Excluding Unusual Items | 735.05 | 740.6 | 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 | 450.74 | 363.3 | 287.42 | 555.56 | 602.24 | 340.88 | Upgrade |
Asset Writedown | -19.92 | -18.34 | -33.48 | -16.57 | -3.23 | -12.32 | Upgrade |
Total Legal Settlements | -4.07 | - | - | 6 | - | - | Upgrade |
Other Unusual Items | -0.86 | -2.94 | -9.27 | -1.65 | -20.91 | -9.33 | Upgrade |
Pretax Income | 1,161 | 1,083 | 938.59 | 1,151 | 1,010 | 824.46 | Upgrade |
Income Tax Expense | -0.12 | 0.45 | 10.15 | 14.65 | 5.73 | -3.25 | Upgrade |
Earnings From Continuing Operations | 1,161 | 1,082 | 928.44 | 1,136 | 1,004 | 827.71 | Upgrade |
Net Income to Company | 1,161 | 1,082 | 928.44 | 1,136 | 1,004 | 827.71 | Upgrade |
Minority Interest in Earnings | -1.19 | -0.18 | 0.39 | 0.34 | -0.06 | -0.08 | Upgrade |
Net Income | 1,160 | 1,082 | 928.83 | 1,137 | 1,004 | 827.63 | Upgrade |
Preferred Dividends & Other Adjustments | 2.18 | 2.07 | 1.66 | 2.09 | 2.1 | 1.96 | Upgrade |
Net Income to Common | 1,158 | 1,080 | 927.16 | 1,135 | 1,002 | 825.68 | Upgrade |
Net Income Growth | 37.85% | 16.49% | -18.29% | 13.19% | 21.35% | 5.30% | Upgrade |
Basic Shares Outstanding | 142 | 142 | 141 | 140 | 139 | 140 | Upgrade |
Diluted Shares Outstanding | 143 | 142 | 142 | 140 | 140 | 140 | Upgrade |
Shares Change (YoY) | 0.34% | 0.57% | 1.19% | 0.18% | -0.51% | 0.62% | Upgrade |
EPS (Basic) | 8.15 | 7.61 | 6.56 | 8.13 | 7.19 | 5.89 | Upgrade |
EPS (Diluted) | 8.13 | 7.60 | 6.56 | 8.12 | 7.19 | 5.89 | Upgrade |
EPS Growth | 37.52% | 15.82% | -19.26% | 12.98% | 21.97% | 4.65% | Upgrade |
Dividend Per Share | 6.900 | 6.800 | 6.600 | 6.360 | 6.360 | 6.360 | Upgrade |
Dividend Growth | 2.99% | 3.03% | 3.77% | - | - | 4.61% | Upgrade |
Operating Margin | 31.92% | 32.60% | 32.35% | 30.46% | 27.91% | 31.02% | Upgrade |
Profit Margin | 38.32% | 36.43% | 33.34% | 43.50% | 42.95% | 35.86% | Upgrade |
EBITDA | 1,842 | 1,813 | 1,717 | 1,610 | 1,410 | 1,422 | Upgrade |
EBITDA Margin | 60.96% | 61.17% | 61.72% | 61.70% | 60.42% | 61.74% | Upgrade |
D&A For Ebitda | 877.28 | 846.85 | 816.97 | 814.98 | 758.6 | 707.33 | Upgrade |
EBIT | 964.26 | 966.43 | 899.73 | 794.54 | 651.29 | 714.22 | Upgrade |
EBIT Margin | 31.92% | 32.60% | 32.35% | 30.46% | 27.91% | 31.02% | Upgrade |
Funds From Operations (FFO) | 1,584 | 1,565 | 1,462 | - | - | - | Upgrade |
FFO Per Share | 11.09 | 10.98 | 10.32 | - | - | - | Upgrade |
Adjusted Funds From Operations (AFFO) | - | 1,565 | 1,462 | - | - | - | Upgrade |
AFFO Per Share | - | 10.98 | 10.32 | - | - | - | Upgrade |
FFO Payout Ratio | 61.63% | 61.47% | 63.10% | - | - | - | Upgrade |
Effective Tax Rate | - | 0.04% | 1.08% | 1.27% | 0.57% | - | Upgrade |
Revenue as Reported | 2,981 | 2,914 | 2,768 | 2,593 | 2,295 | 2,301 | Upgrade |
Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.