Price (delayed)
$223.6
Market cap
$31.8B
P/E Ratio
37.83
Dividend/share
$6.7
EPS
$5.91
Enterprise value
$39.56B
The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro
Highlights
The company's revenue rose by 5% YoY
AVB's gross profit is up by 4.3% year-on-year
AVB's EPS is down by 34% YoY and by 12% from the previous quarter
The net income has declined by 33% year-on-year and by 12% since the previous quarter
Key stats
What are the main financial stats of AVB
Market
Valuations
Earnings
Shares outstanding
142.22M
Market cap
$31.8B
Enterprise value
$39.56B
Price to earnings (P/E)
37.83
Price to book (P/B)
2.71
Price to sales (P/S)
11.19
EV/EBIT
37.41
EV/EBITDA
20.95
EV/Sales
13.92
Revenue
$2.84B
EBIT
$1.06B
EBITDA
$1.89B
Free cash flow
$241.2M
Per share
Balance sheet
Liquidity
EPS
$5.91
Free cash flow per share
$1.7
Book value per share
$82.58
Revenue per share
$19.98
TBVPS
$147.95
Total assets
$21.04B
Total liabilities
$9.3B
Debt
$8.53B
Equity
$11.74B
Working capital
N/A
Debt to equity
0.73
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.11
Margins
Efficiency
Dividend
EBITDA margin
66.5%
Gross margin
64.1%
Net margin
29.6%
Operating margin
30.6%
Return on assets
4.1%
Return on equity
7.2%
Return on invested capital
3.7%
Return on capital employed
N/A
Return on sales
37.2%
Dividend yield
3%
DPS
$6.7
Payout ratio
113.4%
AVB stock price
How has the Avalonbay Communities stock price performed over time
Intraday
-1.29%
1 week
-0.94%
1 month
6.9%
1 year
24.66%
YTD
19.43%
QTD
8.08%
Financial performance
How have Avalonbay Communities's revenue and profit performed over time
Revenue
$2.84B
Gross profit
$1.82B
Operating income
$869.79M
Net income
$841.38M
Gross margin
64.1%
Net margin
29.6%
AVB's net margin is down by 36% year-on-year and by 13% since the previous quarter
The net income has declined by 33% year-on-year and by 12% since the previous quarter
The company's revenue rose by 5% YoY
The company's operating income rose by 4.6% YoY
Growth
What is Avalonbay Communities's growth rate over time
Valuation
What is Avalonbay Communities stock price valuation
P/E
37.83
P/B
2.71
P/S
11.19
EV/EBIT
37.41
EV/EBITDA
20.95
EV/Sales
13.92
AVB's EPS is down by 34% YoY and by 12% from the previous quarter
The stock's P/E is 32% above its 5-year quarterly average of 28.6 and 29% above its last 4 quarters average of 29.3
The price to book (P/B) is 18% more than the last 4 quarters average of 2.3 and 13% more than the 5-year quarterly average of 2.4
The price to sales (P/S) is 17% higher than the last 4 quarters average of 9.6 and 2.7% higher than the 5-year quarterly average of 10.9
The company's revenue rose by 5% YoY
Efficiency
How efficient is Avalonbay Communities business performance
AVB's return on equity is down by 35% year-on-year and by 11% since the previous quarter
The return on assets has declined by 33% year-on-year and by 11% since the previous quarter
AVB's ROS is down by 33% YoY and by 10% from the previous quarter
The ROIC has contracted by 30% YoY and by 10% from the previous quarter
Dividends
What is AVB's dividend history
DPS
$6.7
Dividend yield
3%
Payout ratio
113.4%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Avalonbay Communities financials performed over time
Avalonbay Communities's total assets is 126% more than its total liabilities
The total liabilities has grown by 4.1% from the previous quarter and by 3.4% YoY
AVB's debt is 27% smaller than its equity
The debt to equity has grown by 6% from the previous quarter and by 4.3% YoY
AVB's debt is up by 4.8% since the previous quarter and by 3.7% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.