AvalonBay Communities, Inc. Website

AvalonBay Communities, Inc.

NYSE-AVB

Basic

  • Market Cap

    $28.67B

  • EV

    $36.5B

  • Shares Out

    141.99M

  • Revenue

    $2,825.52M

  • Employees

    3,009

Margins

  • Gross

    64.45%

  • EBITDA

    61.74%

  • Operating

    32.56%

  • Pre-Tax

    34.04%

  • Net

    33.81%

  • FCF

    55.21%

Returns (5Yr Avg)

  • ROA

    4.86%

  • ROTA

    8.68%

  • ROE

    8.68%

  • ROCE

    4.09%

  • ROIC

    4.01%

Valuation (TTM)

  • P/E

  • P/B

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $206.7

  • P/E

  • PEG

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $300.28M

  • Net Debt

    $7,833.92M

  • Debt/Equity

    0.69

  • EBIT/Interest

    4.51

Growth (CAGR)

  • Rev 3Yr

    7.9%

  • Rev 5Yr

    4.27%

  • Rev 10Yr

    6.12%

  • Dil EPS 3Yr

    5.5%

  • Dil EPS 5Yr

    -1.5%

  • Dil EPS 10Yr

    7.57%

  • Rev Fwd 2Yr

    4.53%

  • EBITDA Fwd 2Yr

    3.74%

  • EPS Fwd 2Yr

    -8.01%

  • EPS LT Growth Est

    6.81%

Dividends

  • Yield

  • Payout

    98.91%

  • DPS

    $6.65

  • DPS Growth 3Yr

    1.5%

  • DPS Growth 5Yr

    2.32%

  • DPS Growth 10Yr

    4.29%

  • DPS Growth Fwd 2Yr

    3.66%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Operating Revenues

2,324.6

2,301.3

2,294.9

2,593.4

2,767.9

2,806.1

Other Revenues, Total

2.9

1.3

38.6

15.3

13.5

19.5

Total Revenues

2,327.5

2,302.5

2,333.4

2,608.7

2,781.4

2,825.5

Total Revenues % Chg.

1.7%

-1.1%

1.3%

11.8%

6.6%

5.7%

Cost of Goods Sold, Total

768.2

823.2

853.9

919.1

988.1

1,004.5

Gross Profit

1,559.3

1,479.3

1,479.5

1,689.6

1,793.2

1,821

Selling General & Admin Expenses, Total

67.2

57.8

69.6

80.1

76.5

76.5

Depreciation & Amortization

661.6

707.3

758.6

815

817

824.5

Other Operating Expenses, Total

728.8

765.1

828.2

895

893.5

901

Operating Income

830.5

714.2

651.3

794.5

899.7

920.1

Interest Expense, Total

-203.6

-214.2

-220.4

-230.1

-206

-203.9

Net Interest Expenses

-203.6

-214.2

-220.4

-230.1

-206

-203.9

Other Non Operating Income (Expenses)

1.1

5.1

0.2

0.1

EBT, Excl. Unusual Items

626.9

500.1

432

569.6

693.9

716.3

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Investments

5.8

5.2

38.1

Gain (Loss) On Sale Of Assets

166.5

340.9

602.2

555.6

287.4

287.4

Asset Writedown

-4.9

-12.3

-3.2

-16.6

-33.5

-34.7

Insurance Settlements

Legal Settlements

5.4

6

Other Unusual Items

-0.6

-9.3

-20.9

-1.6

-9.3

-7.2

EBT, Incl. Unusual Items

799.1

824.5

1,010.1

1,151.1

938.6

961.8

Income Tax Expense

13

-3.2

5.7

14.6

10.2

6.6

Earnings From Continuing Operations

786.1

827.7

1,004.4

1,136.4

928.4

955.2

Earnings Of Discontinued Operations

Minority Interest

-0.1

-0.1

-0.1

0.3

0.4

0.2

Net Income

786

827.6

1,004.3

1,136.8

928.8

955.4

Preferred Dividend and Other Adjustments

2.1

2

2.1

2.1

1.7

1.7

Net Income to Common Incl Extra Items

783.9

825.7

1,002.2

1,134.7

927.2

953.6

Net Income to Common Excl. Extra Items

783.9

825.7

1,002.2

1,134.7

927.2

953.6

Total Shares Outstanding

140.3

139.2

139.5

139.7

141.9

142

Weighted Avg. Shares Outstanding

139.1

140.1

139.4

139.6

141.3

141.8

Weighted Avg. Shares Outstanding Dil

139.6

140.4

139.7

140

141.6

142.2

EPS

5.6

5.9

7.2

8.1

6.6

6.7

EPS Diluted

5.6

5.9

7.2

8.1

6.6

6.7

EBITDA

1,492.1

1,421.6

1,409.9

1,609.5

1,716.7

1,744.6

Effective Tax Rate

1.6%

-0.4%

0.6%

1.3%

1.1%

0.7%