AvalonBay Communities, Inc. (AVB)
Real Estate · REIT - Residential · NYSE
AvalonBay Communities, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | $2.16B | $2.28B | $2.32B | $2.30B | $2.29B | $2.59B | $2.76B | $2.91B | $3.03B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.03B | $876.92M | $974.52M | $786.10M | $827.71M | $1.00B | $1.14B | $928.83M | $1.08B | $1.05B |
| Net margin | 50.6% | 40.6% | 42.7% | 33.8% | 36.0% | 43.8% | 43.9% | 33.7% | 37.2% | 34.7% |
Source: AvalonBay Communities, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into AVB stock?
At today's market cap of $26.51B, AvalonBay Communities, Inc. is priced for free-cash-flow growth of about 6.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.41B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 4.9%/yr over the last five fiscal years and revenue 5.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of AvalonBay Communities, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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AvalonBay Communities, Inc. financial history by metric
About AvalonBay Communities, Inc.
AvalonBay Communities, Inc., a member of the S&P 500, is an equity REIT. The firm develops, redevelops, acquires and manages communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of December 31, 2025, the Company owned or held a direct or indirect ownership interest in 320 communities containing 98,694 apartment homes in 11 states and the District of Columbia, of which 24 communities were under development. AvalonBay Communities, Inc. was incorporated in 1978 in Maryland and is based in Arlington, Virginia.
AvalonBay Communities, Inc. — frequently asked questions
What is AvalonBay Communities, Inc.'s revenue?
AvalonBay Communities, Inc. (AVB) reported revenue of $3.03B for fiscal year 2025, up 4.4% from the prior year, according to its SEC filings.
Is AvalonBay Communities, Inc. profitable?
Yes. AVB earned net income of $1.05B in fiscal 2025, a net margin of 34.7%.
What is AVB's P/E ratio?
AvalonBay Communities, Inc. trades at a price-to-earnings ratio of about 23.2 based on the latest data in our nightly-refreshed cache.
How fast is AvalonBay Communities, Inc. growing?
AVB's revenue grew at roughly 5.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does AvalonBay Communities, Inc. have?
As of fiscal year 2025, AVB carried roughly $9.33B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is AvalonBay Communities, Inc.'s market cap?
AvalonBay Communities, Inc. (AVB) has a market capitalization of about $26.51B, based on the latest data in our nightly-refreshed cache.
When does AvalonBay Communities, Inc.'s fiscal year end?
AVB's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into AVB stock?
At today's market cap of $26.51B, AvalonBay Communities, Inc. is priced for free-cash-flow growth of about 6.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.41B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 4.9%/yr over the last five fiscal years and revenue 5.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from AvalonBay Communities, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.