AvalonBay (AVB) | Financial Analysis & Statements

AvalonBay Communities Inc. | Large-cap | Real Estate

$202.57

0.28%

AvalonBay vs Equity Residential AvalonBay vs Invitation Homes AvalonBay vs Essex Property AvalonBay vs Mid-America AvalonBay vs Sun Communities AvalonBay vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.9B

Gross Profit 1.8B 63.16%

Operating Income 915.8M 31.43%

Net Income 1.1B 37.14%

EPS (Diluted) $7.60

Balance Sheet Metrics

Total Assets 21.0B

Total Liabilities 9.1B

Shareholders Equity 11.9B

Debt to Equity 0.76

Cash Flow Metrics

Operating Cash Flow 2.0B

Free Cash Flow 1.4B

Revenue & Profitability Trend

AvalonBay Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	2.9B	2.8B	2.6B	2.3B	2.3B
Cost of Goods Sold	1.1B	988.1M	919.1M	853.9M	823.1M
Gross Profit	1.8B	1.8B	1.7B	1.4B	1.5B
Operating Expenses	77.7M	76.5M	90.6M	72.8M	72.7M
Operating Income	915.8M	886.3M	785.3M	612.7M	710.5M
Pre-tax Income	1.1B	938.6M	1.2B	1.0B	824.5M
Income Tax	445.0K	10.2M	14.6M	5.7M	-3.2M
Net Income	1.1B	928.4M	1.1B	1.0B	827.7M
EPS (Diluted)	$7.60	$6.56	$8.12	$7.19	$5.89

Income Statement Trend

AvalonBay Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	267.1M	531.0M	734.2M	577.5M	344.3M
Non-Current Assets	20.7B	20.1B	19.7B	19.3B	18.9B
Total Assets	21.0B	20.7B	20.5B	19.9B	19.2B
Liabilities
Current Liabilities	746.3M	694.6M	659.1M	635.7M	642.5M
Non-Current Liabilities	8.3B	8.2B	8.5B	8.3B	7.8B
Total Liabilities	9.1B	8.9B	9.2B	9.0B	8.4B
Equity
Total Shareholders Equity	11.9B	11.8B	11.3B	10.9B	10.8B

Balance Sheet Composition

AvalonBay Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	1.1B	928.4M	1.1B	1.0B	827.7M
Operating Cash Flow	2.0B	1.8B	2.0B	1.8B	1.6B
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	-105.8M	-86.5M	-30.5M	-82.2M	-31.5M
Financing Activities
Dividends Paid	-961.9M	-922.7M	-889.6M	-888.3M	-883.6M
Financing Cash Flow	-874.9M	-834.4M	-671.1M	-348.9M	-854.3M
Free Cash Flow	1.4B	1.4B	1.2B	1.0B	1.1B

Cash Flow Trend

AvalonBay Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 25.83

Forward P/E 37.49

Price to Book 2.48

Price to Sales 9.89

PEG Ratio 37.49

Profitability Ratios

Profit Margin 38.31%

Operating Margin 32.20%

Return on Equity 9.69%

Return on Assets 2.91%

Financial Health

Current Ratio 0.49

Debt to Equity 71.14

Beta 0.87

Per Share Data

EPS (TTM) $8.04

Book Value per Share $83.80

Revenue per Share $21.04

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
avb	29.6B	25.83	2.48	9.69%	38.31%	71.14
Equity Residential	27.0B	26.36	2.38	8.90%	33.11%	70.33
Invitation Homes	20.9B	43.62	2.15	4.81%	18.23%	83.40
Essex Property	19.7B	27.32	3.30	12.81%	36.10%	118.42
Mid-America	18.0B	31.22	2.95	9.37%	25.74%	82.63
Sun Communities	17.0B	154.14	2.36	1.72%	2.31%	110.55

Financial data is updated regularly. All figures are in the company's reporting currency.