AVALONBAY COMMUNITIES INC

AVB

AVALONBAY COMMUNITIES INC

AVB

Insider Sentiment (TTM):

Last Purchase:-Last Sale:2025-12-02Shares Purchased (TTM):0Shares Sold (TTM):150

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:114,204,556Shares Outstanding:139,549,709Institutional Ownership Pct.:81.84%

Earnings Market Reaction:

Filing Date:2026-07-30Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Assets
Land And Land Improvements	5,007	4,989	4,961	4,925	4,893	4,904	4,888	4,855	4,785	4,742	4,720	4,671
Investment Building And Building Improvements	21,629	21,444	21,252	21,027	20,727	20,626	20,454	20,071	19,684	19,644	19,438	19,043
Fixtures And Equipment Gross	1,643	1,596	1,547	1,505	1,456	1,426	1,388	1,354	1,303	1,276	1,238	1,252
Real Estate Investment Property At Cost	28,279	28,030	27,760	27,458	27,076	26,956	26,730	26,279	25,772	25,661	25,397	24,967
Real Estate Investment Property Accumulated Deprec…	-9,117	-8,915	-8,686	-8,556	-8,416	-8,352	-8,164	-7,990	-7,812	-7,721	-7,522	-7,349
Real Estate Investment Pr…
Construction In Progress Gross	1,669	1,576	1,459	1,429	1,399	1,198	1,043	1,088	1,123	1,211	1,269	1,317
Real Estate Investment Property Net	20,975	20,826	20,806	20,526	20,494	20,002	19,767	19,570	19,413	19,373	19,343	19,143
Land Available For Development	102	135	124	126	101	142	152	155	175	212	199	183
Assets Of Disposal Group Including Discontinued Op…	42	0	150	70	334	58	7	37	155	10	0	25
Cash And Cash Equivalents At Carrying Value	81	121	187	123	103	53	109	552	546	288	398	509
Restricted Cash And Cash Equivalents	165	170	166	199	193	166	159	240	220	136	133	272
Investments In Affiliates Subsidiaries Associates …	199	193	193	206	227	227	227	228	222	220	220	217
Other Deferred Costs Net	75	69	73	102	64	54	44	50	49	54	53	64
Prepaid Expense And Other Assets	661	602	619	644	606	559	541	512	455	438	396	362
Assets	22,300	22,127	22,192	21,949	21,838	21,216	21,001	21,308	21,037	20,641	20,678	20,703
Unsecured Debt	7,408	7,881	7,879	7,781	7,285	7,361	7,359	7,657	7,655	7,258	7,256	7,208
Secured Debt	701	709	710	710	710	718	718	718	719	725	726	669
Dividends Payable Current And Noncurrent	257	252	251	253	253	251	245	245	244	244	238	238
Construction Payable Current And Noncurrent	114	108	92	98	102	83	86	81	84	87	88	96
Accrued Liabilities Current And Noncurrent	386	392	392	407	361	352	357	403	316	324	311	356
Interest Payable Current And Noncurrent	66	76	69	76	59	75	58	80	61	72	58	69
Security Deposit Liability	62	61	61	61	64	63	63	64	65	64	64	64
Liabilities	10,072	10,412	10,358	9,788	9,668	9,299	9,060	9,424	9,296	8,925	8,893	8,924
Stockholders Equity Inclu…
Redeemable Noncontrolling Interest Equity Common C…	-	-	-	-	-	-	0	0	0	1	1	2
Preferred Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders Equity	12,229	11,715	11,834	12,161	11,948	11,916	11,941	11,885	11,741	11,714	11,783	11,778
Common Stock Value	1	1	1	1	1	1	1	1	1	1	1	1
Additional Paid In Capital	11,740	11,117	11,212	11,271	11,323	11,308	11,314	11,304	11,291	11,280	11,288	11,279
Retained Earnings Accumulated Deficit	242	340	371	639	596	576	591	551	421	409	478	471
Accumulated Other Comprehensive Income Loss Net Of…	39	32	26	26	28	30	34	28	28	24	16	26
Minority Interest	206	224	223	224	223	-	0	-	-	-	0	0
Liabilities And Stockholders Equity	22,300	22,127	22,192	21,949	21,838	21,216	21,001	21,308	21,037	20,641	20,678	20,703
Preferred Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Preferred Stock Liquidation Preference	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Authorized	50	50	50	50	50	50	50	50	50	50	50	50
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	280	280	280	280	280	280	280	280	280	280	280	280
Common Stock Shares Issued	142	139	140	142	142	142	142	142	142	142	142	142
Shares Outstanding	142	139	140	142	142	142	142	142	142	142	142	142

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	-1.77%	2.33%	3.01%	-	-	-	-	-	-	-	-	-
2025	1.13%	-0.03%	-0.47%	4.04%	3.52%	1.55%	3.82%	4.55%	2.99%	-8.95%	-0.79%	3.17%
2024	1.31%	5.75%	8.45%	7.92%	7.68%	9.04%	-1.59%	-4.05%	-3.03%	-6.04%	-8.05%	-5.92%
2023	-	-	-	-1.84%	-3.90%	-7.36%	1.20%	9.32%	6.24%	4.80%	5.77%	13.32%
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Performance and Valuation Metrics

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Metrics	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Leverage & Debt
Interest Coverage TTM	4.72	5.22	5.06	5.70	5.85	5.95	5.78	5.82	5.05	5.72	5.56	5.41
Per Share Metrics
Diluted EPS TTM	7.24	8.10	7.36	8.14	8.10	8.04	7.60	7.31	5.91	6.72	6.56	6.52
Free Cash Flow Per Share TTM	9.77	10.04	9.94	9.56	9.78	9.90	9.96	10.08	10.01	9.81	9.78	9.81
Dividend Per Share TTM	3.60	1.80	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Margin Metrics
Gross Profit Margin TTM	-463.26%	-761.31%	-3,580.50%	69.55%	69.51%	69.16%	-3,099.96%	94.86%	94.00%	92.63%	92.56%	68.32%
Operating Profit Margin TTM	2,110.86%	3,648.04%	14,988.13%	143.26%	147.83%	152.51%	15,289.08%	24.74%	24.29%	34.74%	33.91%	139.47%
Net Profit Margin TTM	2,096.32%	3,627.22%	14,929.01%	142.92%	147.72%	152.47%	15,282.80%	24.67%	24.10%	34.51%	33.56%	137.37%
Growth Metrics
Net Revenue Growth (1Y)	-93.76%	-95.81%	-0.55%	-80.64%	-77.51%	-72.87%	-99.74%	525.47%	160.84%	39.79%	6.73%	-73.25%
Net Income Growth (1Y)	-11.43%	-0.43%	-2.85%	12.15%	37.86%	19.88%	16.51%	12.34%	-32.72%	-6.48%	-18.29%	-24.62%
EPS Growth (1Y)	-10.39%	1.40%	-2.67%	12.11%	37.67%	19.70%	15.94%	12.18%	-32.83%	-7.89%	-19.26%	-25.79%
Valuation Metrics
P/E TTM	9.24	7.09	8.58	8.16	8.59	9.09	9.77	10.31	11.64	9.11	9.33	8.53
P/B TTM	0.78	0.69	0.76	0.78	0.82	0.87	0.89	0.90	0.83	0.74	0.74	0.67
P/S TTM	193.73	257.19	1,280.27	11.66	12.69	13.86	1,493.71	2.54	2.81	3.15	3.13	11.71
Market Cap	9.50B	8.09B	9.02B	9.54B	9.96B	10.41B	10.58B	10.75B	9.80B	8.71B	8.67B	7.91B
Enterprise Value	9.25B	7.80B	8.66B	9.22B	9.67B	10.19B	10.31B	9.96B	9.03B	8.28B	8.27B	7.13B
Calculated Values
Free Cash Flow TTM	1.37B	1.40B	1.41B	1.36B	1.39B	1.41B	1.41B	1.43B	1.42B	1.39B	1.38B	1.39B
Net Debt	-246.12M	-291.09M	-353.08M	-321.89M	-295.37M	-219.11M	-267.08M	-792.48M	-765.35M	-423.55M	-397.89M	-780.11M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2025-12-02Sale

Owner: Willson, Sean Thomas

Title: Senior Vice President

Shares: 150

Price/Share: $180.27

Value: $27,040.50

Shares Owned: 3,579

Relationship: Officer

Ownership: Direct

2025-08-07Sale

Owner: Willson, Sean Thomas

Title: Senior Vice President

Shares: 150

Price/Share: $188.32

Value: $28,248.00

Shares Owned: 3,711

Relationship: Officer

Ownership: Direct

2025-06-16Sale

Owner: O'Shea, Kevin P.

Title: Chief Financial Officer

Shares: 6,000

Price/Share: $207.82

Value: $1,246,920.00

Shares Owned: 22,782

Relationship: Officer

Ownership: Direct

2025-06-13Sale

Owner: Schulman, Edward M

Title: EVP-General Counsel

Shares: 5,945

Price/Share: $205.50

Value: $1,221,697.50

Shares Owned: 17,617

Relationship: Officer

Ownership: Direct

2024-11-11Sale

Owner: Naughton, Timothy J

Title: -

Shares: 2,261

Price/Share: $233.78

Value: $528,576.58

Shares Owned: 111,436

Relationship: Director

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2025-12-02	Willson, Sean Thomas	Officer	Senior Vice President	Direct	Sale	150	180.27	$27,040.50	3,579	4
2025-08-07	Willson, Sean Thomas	Officer	Senior Vice President	Direct	Sale	150	188.32	$28,248.00	3,711	4
2025-06-16	O'Shea, Kevin P.	Officer	Chief Financial Officer	Direct	Sale	6,000	207.82	$1,246,920.00	22,782	4
2025-06-13	Schulman, Edward M	Officer	EVP-General Counsel	Direct	Sale	5,945	205.50	$1,221,697.50	17,617	4
2024-11-11	Naughton, Timothy J	Director	-	Direct	Sale	2,261	233.78	$528,576.58	111,436	4
2024-08-15	Breslin, Sean J.	Officer	Chief Operating Officer	Direct	Sale	4,000	215.44	$861,760.00	59,579	4
2024-08-06	O'Shea, Kevin P.	Officer	Chief Financial Officer	Direct	Sale	5,000	208.90	$1,044,500.00	21,415	4
2024-08-06	Shea, Keri A	Officer	SVP-Finance and Treasurer	Direct	Sale	2,000	207.17	$414,340.00	4,383	4
2024-08-05	Birenbaum, Matthew H.	Officer	Chief Investment Officer	Direct	Sale	5,000	208.90	$1,044,500.00	65,967	4
2024-03-08	O'Shea, Kevin P.	Officer	Chief Financial Officer	Direct	Sale	5,000	185.65	$928,250.00	31,308	4
2024-03-07	Lockridge, Joanne M	Officer	Executive Vice President	Direct	Sale	1,750	185.10	$323,925.00	21,907	4
2023-08-11	Lockridge, Joanne M	Officer	Executive Vice President	Direct	Sale	3,331	186.25	$620,398.75	21,558	4
2023-05-22	Birenbaum, Matthew H.	Officer	Chief Investment Officer	Direct	Sale	4,000	176.10	$704,400.00	62,559	4
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Institutional Ownership

No data available for chart

2026-03-31

81.84%

Inst. Shares: 114,204,556

Shares Outstanding: 139,549,709

2025-12-31

90.19%

Inst. Shares: 127,833,292

Shares Outstanding: 141,739,349

2025-09-30

82.51%

Inst. Shares: 117,233,851

Shares Outstanding: 142,089,075

2025-06-30

86.60%

Inst. Shares: 123,142,622

Shares Outstanding: 142,195,859

2025-03-31

80.03%

Inst. Shares: 113,732,552

Shares Outstanding: 142,113,283

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	114,204,556	139,549,709	81.84%
2025-12-31	127,833,292	141,739,349	90.19%
2025-09-30	117,233,851	142,089,075	82.51%
2025-06-30	123,142,622	142,195,859	86.60%
2025-03-31	113,732,552	142,113,283	80.03%
2024-12-31	120,497,768	142,000,934	84.86%
2024-09-30	113,250,958	142,038,838	79.73%
2024-06-30	118,758,184	142,004,857	83.63%
2024-03-31	111,836,862	141,902,066	78.81%
2023-12-31	121,267,201	141,307,186	85.82%
2023-09-30	115,364,439	141,838,841	81.33%
2023-06-30	116,011,446	141,779,951	81.83%
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AVALONBAY COMMUNITIES INC (AVB) — SEC Financial Statements & Analysis

AVALONBAY COMMUNITIES INC (AVB) is a real estate investment trusts company, incorporated in MD. AVALONBAY COMMUNITIES INC trades on NYSE as: AVB. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), AVALONBAY COMMUNITIES INC reported a -93.76% year-over-year revenue growth, a Gross Profit Margin of -463.26% (TTM), a Price-to-Sales (P/S) ratio of 193.73x (TTM), a Price-to-Book (P/B) ratio of 0.78x (TTM), at a market cap of $9.50B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: -93.76%
Gross Profit Margin TTM: -463.26%
P/S TTM: 193.73x
P/B TTM: 0.78x
Market Cap: $9.50B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is AVALONBAY COMMUNITIES INC in?

AVALONBAY COMMUNITIES INC (AVB) operates in the Real Estate Investment Trusts industry.

What is AVB's market cap?

AVALONBAY COMMUNITIES INC (AVB) has a market capitalization of $9.50B as of 2026-06-30.

What is AVB's P/E ratio?

AVALONBAY COMMUNITIES INC (AVB)'s trailing twelve month P/E ratio is 9.24x as of 2026-06-30.

What exchange does AVB trade on?

AVALONBAY COMMUNITIES INC (AVB) trades on the NYSE.

Where is AVALONBAY COMMUNITIES INC incorporated?

AVALONBAY COMMUNITIES INC is incorporated in MD.