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Avalonbay Communities Inc (AVB)

Avalonbay Communities Inc brought in $3.1B of revenue over the twelve months to June 30, 2026, up 3.4% from a year earlier. Net income was $1B, a net margin of 33.3%. Operating cash flow minus capital spending left $1.4B of free cash flow in fiscal 2025. At June 30, 2026 it held $80.7M in cash against $9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 30, 2026.

Price
$184.06
0.00% on the day · August 14, 2026
52-week range $57.32 to $185.62
Market cap
$26.3B
Revenue (last 12 months)
$3.1B
+3.4% year on year
Net margin
33.3%
P/E
24.9
on FY2025 diluted EPS

What Avalonbay Communities Inc does

Avalonbay Communities Inc is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker AVB.

Revenue and profit by year

Revenue
FY18: $2.3B $2.3B FY18FY19: $2.3B $2.3B FY19FY20: $2.3B $2.3B FY20FY21: $2.3B $2.3B FY21FY22: $2.6B $2.6B FY22FY23: $2.8B $2.8B FY23FY24: $2.9B $2.9B FY24FY25: $3B $3B FY25
Net income
FY18: $974.5M $974.5M FY18FY19: $786M $786M FY19FY20: $827.6M $827.6M FY20FY21: $1B $1B FY21FY22: $1.1B $1.1B FY22FY23: $928.8M $928.8M FY23FY24: $1.1B $1.1B FY24FY25: $1.1B $1.1B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$3B$2B$1.1B$7.40$1.4B
2024$2.9B$1.9B$1.1B$7.60$1.4B
2023$2.8B$1.8B$928.8M$6.56$1.4B
2022$2.6B$1.7B$1.1B$8.12$1.3B
2021$2.3B$1.5B$1B$7.19$1.1B
2020$2.3B$1.5B$827.6M$5.89$1.1B

Full financial statements: income, balance sheet and cash flow

Where AVB ranks in Real estate

Revenue$3B
#21 of 195 in Real estate · Top 10%
Revenue growth+4.4%
#89 of 180 in Real estate · Top 49%
Net margin34.6%
#35 of 183 in Real estate · Top 19%
Free cash flow margin46.3%
#10 of 102 in Real estate · Top 9%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

Avalonbay Communities Inc declared $7.00 per share in fiscal 2025. At the current price that is a yield of 3.80%. It paid out $992.3M in cash dividends, 94% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$7.00$992.3M94%
2024$6.80$961.9M89%
2023$6.60$922.7M99%
2022$6.36$889.6M78%
2021$6.36$888.3M88%
2020$6.36$883.2M107%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Avalonbay Communities Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 16, 2026
  2. August 27, 2026
  3. August 17, 2026
  4. August 17, 2026
  5. August 17, 2026
  6. August 17, 2026
  7. August 17, 2026
  8. August 17, 2026
  9. August 17, 2026
  10. August 17, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 17, 2026. Insider transactions on SEC

What is AVB worth? A DCF from its reported cash flow

Insider trades

What the people running Avalonbay Communities Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 18 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
August 17, 2026 Flynn Conor CDirector Other change 2,022 - - Form 4
August 17, 2026 Howard Christopher B.Director Other change 7,596 - - Form 4
August 17, 2026 Schall BenjaminCEO & President, Director Received as pay 78,257 - - Form 4
August 17, 2026 Schall BenjaminCEO & President, Director Other change 178,820 - - Form 4
August 17, 2026 Willson Sean ThomasSenior Vice President Received as pay 1,430 - - Form 4
August 17, 2026 Willson Sean ThomasSenior Vice President Other change 5,903 - - Form 4
August 17, 2026 Walsh Alaine SusanExecutive Vice President Received as pay 3,590 - - Form 4
August 17, 2026 Walsh Alaine SusanExecutive Vice President Other change 13,019 - - Form 4
August 17, 2026 Schulman Edward MEVP-General Counsel Received as pay 12,770 - - Form 4
August 17, 2026 Schulman Edward MEVP-General Counsel Other change 36,178 - - Form 4
August 17, 2026 Breslin Sean J.Chief Operating Officer Received as pay 27,735 - - Form 4
August 17, 2026 Breslin Sean J.Chief Operating Officer Other change 106,920 - - Form 4
August 17, 2026 Birenbaum Matthew H.Chief Investment Officer Received as pay 27,735 - - Form 4
August 17, 2026 Birenbaum Matthew H.Chief Investment Officer Other change 113,021 - - Form 4
August 17, 2026 Thomas Pamela RogersExecutive Vice President Received as pay 13,561 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about AVB

What does Avalonbay Communities Inc do?

Avalonbay Communities Inc is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker AVB.

Is Avalonbay Communities Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $1B on revenue of $3.1B, a net margin of 33.3%.

How much revenue does Avalonbay Communities Inc make?

Over the twelve months to June 30, 2026 Avalonbay Communities Inc reported revenue of $3.1B. That is 3.4% more than a year earlier.

When did Avalonbay Communities Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 30, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the form 15-15D filing from September 16, 2026.

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Where the numbers come from

Financial figures are the values Avalonbay Communities Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.