AVB
AvalonBay Communities, Inc.
NYSE · Real Estate · REIT - Residential · US
$184.06
+0.00%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.1B | 3.0B | 2.9B | 2.8B | 2.6B |
| Cost of Revenue | 1.5B | 1.0B | 1.1B | 988.1M | 919.1M |
| Gross Profit | 1.6B | 2.0B | 1.8B | 1.8B | 1.7B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | 16.6M |
| SG&A Expense | 66.0M | 86.7M | 77.7M | 76.5M | 74.1M |
| General & Admin Expense | 66.0M | 86.7M | 77.7M | 76.5M | 74.1M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 680.9M | 1.0B | 846.9M | 817.0M | 798.4M |
| Total Operating Expenses | 746.9M | 1.1B | 924.5M | 893.5M | 889.0M |
| Cost and Expenses | 2.2B | 2.1B | 2.0B | 1.9B | 1.8B |
| Operating Income (EBIT) | 876.3M | 913.9M | 915.8M | 886.3M | 785.3M |
| Non-Operating | |||||
| Interest Income | 29.6M | 27.5M | — | — | — |
| Interest Expense | 276.1M | 259.2M | 226.6M | 206.0M | 230.1M |
| Net Interest Income | (246.5M) | (231.7M) | (226.6M) | (206.0M) | (230.1M) |
| Other Non-Op Income/Expense | 158.3M | 141.6M | 166.9M | 52.3M | 365.8M |
| Non-Operating Income (excl Interest) | (79.9M) | (400.8M) | (393.5M) | (258.3M) | (595.9M) |
| EBT (Pre-Tax Income) | 1.0B | 1.1B | 1.1B | 938.6M | 1.2B |
| Income Tax Expense | (712.0K) | (1.1M) | 445.0K | 10.2M | 14.6M |
| Bottom Line | |||||
| Net Income | 1.0B | 1.1B | 1.1B | 928.8M | 1.1B |
| Earnings from Cont. Ops | 1.0B | 1.1B | 1.1B | 928.4M | 1.1B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.0B | 1.1B | 1.1B | 928.9M | 1.1B |
| Per Share | |||||
| Basic EPS | $7.29 | $7.40 | $7.61 | $6.57 | $8.13 |
| Diluted EPS | $7.26 | $7.39 | $7.60 | $6.56 | $8.11 |
| Revenue Per Share | $21.87 | $21.58 | $20.52 | $19.59 | $18.57 |
| Shares | |||||
| Basic Shares Outstanding | 140.9M | 140.8M | 142.0M | 141.3M | 139.6M |
| Diluted Shares Outstanding | 141.8M | 142.0M | 142.5M | 141.6M | 140.0M |
| Profitability Metrics | |||||
| EBITDA | 1.9B | 2.2B | 2.2B | 2.0B | 2.2B |
| D&A | 929.8M | 913.4M | 846.9M | 817.0M | 815.0M |
| EBIT | 956.3M | 1.3B | 1.3B | 1.1B | 1.4B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026