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AVALONBAY COMMUNITIES INC

AVB

$187.50 ▲ +0.89 (+0.48%) at close

20 Visible periods

33 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

AVALONBAY COMMUNITIES INC shows strong fundamentals with top-quartile Profit Margin (%) and Operating Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $26.6B

Dividend Yield 3.73%

Revenue Growth 4.4% ↘

Op. Margin 66.5% →

ROIC None

FCF / Share None

Trailing P/E 25.3x

Price / Book 2.3x

FCF Yield —

Debt / Equity 0.80

info Valuation on last close. End-of-day price, Aug 7, 2026.

20-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$3.04B

↑ +4.4% —

Net Income Profit after all expenses

$1.06B

↓ -2.3% —

Operating Margin Operating profit as % of sales

66.5%

↑ +1.4% 99th

Long-Term Debt Long-term obligations

$9.33B

↑ +15.5% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns →

Financial Health ↑

Dividend History

Dividend / share · sourced from SEC filings

$7.00 Latest / share

+2.9% YoY

+3.8% 12-yr CAGR

$4.64

FY 2014

$5.00

FY 2015

$5.40

FY 2016

$5.68

FY 2017

$5.88

FY 2018

$6.08

FY 2019

$6.36

FY 2020

$6.36

FY 2021

$6.36

FY 2022

$6.60

FY 2023

$6.80

FY 2024

$7.00

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue Growth YoY (%)	4.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-13%)	5.3% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+5%)	6.7% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+35%)	13.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+160%)	-0.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-106%)	-1.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-120%)	1.8% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-65%)	5.8% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+17%)	5.5% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+11%)	10.2% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+104%)	10.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+103%)	15.2% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+204%)	46.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+824%)	6.9% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+38%)	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+42%)	2.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-46%)	4.6% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-8%)	11.8% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+136%)	—	—
EPS Growth YoY (%)	-2.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	16.0% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-19.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	13.1% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	22.1% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	4.4% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	-20.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	10.8% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-15.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	35.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	6.1% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	87.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-35.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-11.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	135.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	7.2% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-62.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	17.6% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-2.3% Weak ↓ Weak Declining Year-over-year change in net income	16.5% Good ↑ Good Improving Year-over-year change in net income	-18.3% Weak ↓ Weak Declining Year-over-year change in net income	13.2% Fair ↑ Fair Improving Year-over-year change in net income	21.3% Good ↑ Good Improving Year-over-year change in net income	5.3% Fair ↑ Fair Improving Year-over-year change in net income	-19.3% Weak ↓ Weak Declining Year-over-year change in net income	11.1% Fair → Fair Stable Year-over-year change in net income	-15.2% Weak ↓ Weak Declining Year-over-year change in net income	39.3% Excellent ↑ Excellent Improving Year-over-year change in net income	8.6% Fair ↓ Fair Declining Year-over-year change in net income	93.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-16.7% Weak ↓ Weak Declining Year-over-year change in net income	-3.8% Weak ↓ Weak Declining Year-over-year change in net income	149.9% Excellent ↑ Excellent Improving Year-over-year change in net income	13.2% Fair ↑ Fair Improving Year-over-year change in net income	-62.2% Weak Weak Year-over-year change in net income	14.9% Fair Fair Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	5.4% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	8.3% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.3% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	3.7% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	0.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.2% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	4.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	7.2% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	8.6% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	11.8% Good ↓ Good Declining Compound annual revenue growth over 3 years	22.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	21.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	5.5% Fair → Fair Stable Compound annual revenue growth over 3 years	4.8% Caution Caution Compound annual revenue growth over 3 years	6.3% Fair Fair Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	5.7% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	4.6% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.9% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	3.7% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	2.3% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	4.4% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	9.3% Good ↓ Good Declining Compound annual revenue growth over 5 years	16.6% Excellent → Excellent Stable Compound annual revenue growth over 5 years	16.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	16.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	14.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	12.4% Excellent Excellent Compound annual revenue growth over 5 years	6.6% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-3.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	1.9% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	3.7% Caution → Caution Stable Compound annual EPS growth over 3 years	13.0% Good ↑ Good Improving Compound annual EPS growth over 3 years	0.7% Caution ↑ Caution Improving Compound annual EPS growth over 3 years	-2.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-9.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	8.4% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	6.8% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	39.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	8.5% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	2.2% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	10.2% Good ↑ Good Improving Compound annual EPS growth over 3 years	30.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-2.1% Weak Weak Compound annual EPS growth over 3 years	-22.3% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Operating Margin (%) (%)	66.5% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+122%)	65.6% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+119%)	68.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+127%)	67.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+124%)	64.4% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+115%)	65.5% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+118%)	68.6% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+129%)	66.5% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+122%)	65.8% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+119%)	67.7% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+126%)	66.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+123%)	67.3% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+124%)	66.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+123%)	68.1% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+127%)	66.7% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+122%)	—	—	—	—	—
Effective Tax Rate (%) (%)	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—
Profit Margin (%) (%)	34.7% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+39%)	37.1% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	33.5% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+34%)	43.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+75%)	43.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+75%)	36.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	33.8% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+35%)	42.6% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+71%)	40.6% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+62%)	50.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+102%)	40.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+60%)	40.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+62%)	24.1% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	42.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+69%)	47.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+88%)	20.2% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	18.3% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-27%)	50.6% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+102%)	49.2% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+97%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	9.1% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	9.1% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	9.1% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	8.5% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.4% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	7.9% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	8.3% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	8.3% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.7% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.3% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.0% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	6.4% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.1% Caution Caution Operating profit relative to total assets Optimal: > 10%	7.4% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—
Return on Common Equity (%) (%)	9.1% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+14%)	9.1% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+13%)	7.9% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	10.1% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+26%)	9.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+15%)	7.7% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	7.2% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-11%)	9.2% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+15%)	—	—	—	7.6% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-6%)	4.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-49%)	6.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-23%)	10.0% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+25%)	5.3% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-33%)	5.1% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	14.1% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+76%)	11.8% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+48%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Debt to Equity (x)	0.80x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-20%)	0.68x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-32%)	0.68x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-32%)	0.74x Fair → Fair Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-26%)	0.74x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-26%)	0.71x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.67x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-33%)	0.67x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-33%)	—	—	—	0.71x Fair → Fair Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.70x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-30%)	0.56x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-44%)	0.82x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-18%)	1.23x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+23%)	—	—	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$9.14B	$7.97B	$7.58B	$7.70B	$7.68B	$7.41B	$7.32B	$7.01B	$7.34B	$6.86B	$6.08B	$5.94B	$5.74B	$1.12B	$2.98B	$3.76B	$-105.69M	$-64.94M	$-20.27M	$-8.28M
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue per Share (USD)	$21.45	$20.52	$19.59	$18.57	$16.46	$16.43	$16.72	$16.57	$15.70	$14.94	$13.90	$12.90	$11.53	$10.27	$10.41	$10.42	$10.65	$10.60	—	—
Basic EPS, GAAP (USD)	$7.40	$7.61	$6.56	$8.13	$7.19	$5.89	$5.64	$7.05	$6.36	$7.53	$5.54	$5.22	$2.78	$4.34	$4.89	$2.08	$1.94	$5.21	$4.43	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$7.00	$6.80	$6.60	$6.36	$6.36	$6.36	$6.08	$5.88	$5.68	$5.40	$5.00	$4.64	$4.28	$3.88	$3.57	$3.57	$3.57	$5.38	$3.40	—
Book Value per Share (USD)	$82.89	$83.94	$82.97	$80.43	$78.23	$77.06	$78.14	$76.13	—	—	—	$68.51	$66.42	$59.76	$46.18	$38.54	$38.15	$37.98	—	—
Tangible Book Value per Share (USD)	$82.89	$83.94	$82.97	$80.43	$78.23	$77.06	$78.14	$76.13	—	—	—	$68.51	$66.42	$59.76	$46.18	$38.54	$38.15	$37.98	—	—
Basic Weighted Avg Shares (shares)	141.74M	142.00M	141.31M	139.63M	139.39M	140.09M	139.05M	137.84M	137.52M	136.93M	133.57M	130.59M	126.86M	97.42M	89.92M	83.86M	79.95M	76.78M	—	—
Dividend Payout Ratio (%)	94.6% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	89.4% Caution → Caution Stable Dividends paid as a percentage of earnings Optimal: 30-60%	100.6% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	78.2% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	88.5% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	108.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	107.8% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	83.4% Caution → Caution Stable Dividends paid as a percentage of earnings Optimal: 30-60%	89.3% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	71.7% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	90.3% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	88.9% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	154.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	89.4% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	73.0% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	171.6% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	184.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	103.2% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	76.7% Caution Caution Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
LT Debt (USD)	$9.33B	$8.08B	$7.98B	$8.32B	$8.10B	$7.63B	$7.36B	$7.10B	$7.40B	$7.08B	$6.48B	$6.45B	$6.02B	$3.85B	$3.60B	$4.07B	—	—	—	—
Total Equity (USD)	$11.61B	$11.94B	$11.78B	$11.25B	$10.93B	$10.75B	$10.99B	$10.63B	—	—	—	$9.05B	$8.60B	$6.84B	$4.39B	$3.31B	$3.05B	$2.92B	$3.03B	$2.57B

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Sales/Revenue/Turnover (USD)	$3.04B	$2.91B	$2.77B	$2.59B	$2.29B	$2.30B	$2.32B	$2.28B	$2.16B	$2.05B	$1.86B	$1.69B	$1.46B	$1.00B	$936.09M	$874.00M	$851.11M	$813.76M	$727.79M	—
Depreciation Expense (USD)	$913.38M	$846.85M	$816.97M	$814.98M	$758.60M	$707.33M	$661.58M	$631.20M	$584.15M	$531.43M	$477.92M	$442.68M	$560.22M	$243.68M	—	—	—	—	—	—
Net Income, GAAP (USD)	$1.06B	$1.08B	$928.44M	$1.14B	$1.00B	$827.71M	$786.10M	$974.17M	$876.92M	$1.03B	$742.04M	$683.57M	$353.14M	$423.87M	$440.45M	$176.26M	$155.65M	$411.49M	$358.16M	—
Operating Cash Flow (USD)	$1.67B	$1.61B	$1.56B	$1.42B	$1.20B	$1.22B	$1.32B	$1.30B	$1.26B	$1.16B	$1.06B	$886.64M	$724.32M	$540.82M	$429.35M	$332.11M	$378.60M	$386.08M	$454.87M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 20 years · 76 quarters

AVALONBAY COMMUNITIES INC

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20-Year Financial Trajectory

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