FN2 Earnings Intelligence
AvalonBay Communities, Inc. ratios
AvalonBay Communities, Inc. (AVB) Ratios (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $420.3 | $613.2 | $397.9 | $108.6 | $187.2 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $2,294.8 | $2,593.4 | $2,767.9 | $2,913.8 | $3,040.7 | $3,107 | $3,242.8 |
| % Growth | -0.3% | 13.0% | 6.7% | 5.3% | 4.4% | 2.2% | 4.4% |
| Gross Profit | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| EBITDA | $2,273.3 | $2,580.8 | $2,703.7 | $2,821.3 | $2,934.3 | - | - |
| % Margin | 99.1% | 99.5% | 97.7% | 96.8% | 96.5% | - | - |
| Net Income | $1,004.4 | $1,136.4 | $928.4 | $1,082.2 | $1,082 | - | - |
| % Margin | 43.8% | 43.8% | 33.5% | 37.1% | 35.6% | - | - |
| Diluted EPS | $7.19 | $8.12 | $6.56 | $7.60 | $7.40 | $6.04 | $5.35 |
| % Growth | 22.1% | 12.9% | -19.2% | 15.9% | -2.6% | -18.4% | -11.4% |
| Operating Cash Flow | $1,203.2 | $1,421.9 | $1,560 | $1,607.9 | $1,671.1 | - | - |
| CapEx | $142.7 | $160.3 | $178.3 | $193.3 | $261.8 | - | - |
| Free Cash Flow | $1,060.5 | $1,261.6 | $1,381.7 | $1,414.5 | $1,409.3 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $2,294.8 | $2,593.4 | $2,767.9 | $2,913.8 | $3,040.7 | $3,107 | $3,242.8 |
| Gross Profit | - | - | - | - | - | - | - |
| EBITDA | $2,273.3 | $2,580.8 | $2,703.7 | $2,821.3 | $2,934.3 | - | - |
| Net Income | $1,004.4 | $1,136.4 | $928.4 | $1,082.2 | $1,082 | - | - |
| Diluted EPS | $7.19 | $8.12 | $6.56 | $7.60 | $7.40 | $6.04 | $5.35 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $420.3 | $613.2 | $397.9 | $108.6 | $187.2 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $8,170.4 | $8,316 | $7,981.8 | $8,077.2 | $9,328.6 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,203.2 | $1,421.9 | $1,560 | $1,607.9 | $1,671.1 |
| Capital Expenditure | $142.7 | $160.3 | $178.3 | $193.3 | $261.8 |
| Free Cash Flow | $1,060.5 | $1,261.6 | $1,381.7 | $1,414.5 | $1,409.3 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | -0.3% | 13.0% | 6.7% | 5.3% | 4.4% |
| Gross Margin | - | - | - | - | - |
| EBITDA Margin | 99.1% | 99.5% | 97.7% | 96.8% | 96.5% |
| Net Margin | 43.8% | 43.8% | 33.5% | 37.1% | 35.6% |
| FCF Margin | 46.2% | 48.6% | 49.9% | 48.5% | 46.3% |
| Diluted EPS Growth | 22.1% | 12.9% | -19.2% | 15.9% | -2.6% |