AvalonBay Communities Past Earnings Performance
Past criteria checks 1/6
AvalonBay Communities has been growing earnings at an average annual rate of 4.4%, while the Residential REITs industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 3.8% per year. AvalonBay Communities's return on equity is 7.9%, and it has net margins of 33.3%.
Key information
4.4%
Earnings growth rate
4.1%
EPS growth rate
| Residential REITs Industry Growth | 11.1% |
| Revenue growth rate | 3.8% |
| Return on equity | 7.9% |
| Net Margin | 33.3% |
| Next Earnings Update | 26 Apr 2024 |
Recent past performance updates
Recent updates
AvalonBay Communities: The Sunbelt Region Has A New Player In Town
Apr 10AvalonBay: Hard To See Alpha At This Valuation
Mar 05AvalonBay Communities: Better Way To Own Real Estate
Jan 12AvalonBay Communities: Why We Chose This Residential REIT Over Its Peers
Dec 304%-Yielding AvalonBay Communities Is An Undervalued Income Generator
Nov 17AvalonBay And Camden: Which If Any To Buy Today
Oct 31AvalonBay: Steady Growth Potential At A Reasonable Valuation
Oct 14AvalonBay Gives You Value, Growth, And Income
Sep 04AvalonBay Communities: A Stable Dividend Option In Real Estate
Jun 23AvalonBay Vs. Essex Property: What's The Best REIT To Buy Today?
May 26AvalonBay: When Strong Balance Sheets Collide With Weak Macro
Feb 06AvalonBay: Quality Income Stock On Sale
Jan 28AvalonBay Near 52-Week Low Is An Excellent Opportunity
Dec 20AvalonBay Communities closes $350M senior note offering
Dec 07AvalonBay Communities declares $1.59 dividend
Nov 11AvalonBay: Trading At 2015 Levels Despite Apartment Asset Boom
Oct 14AvalonBay: Positioned To Accelerate Dividend Growth
Oct 05AvalonBay Communities declares $1.59 dividend
Sep 16Stagflation Resistant Real Estate On Sale: AvalonBay And Medical Properties
Aug 25Beat Inflation With Real Estate: W.P. Carey And AvalonBay
Jul 13AvalonBay Suddenly Becomes A Bargain
May 30AvalonBay - Overvalued Housing Remains A 'hold'
Mar 29Do AvalonBay Communities's (NYSE:AVB) Earnings Warrant Your Attention?
Mar 27
I Am Bullish On AvalonBay Communities
Jan 11Revenue & Expenses BreakdownBeta
How AvalonBay Communities makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,781 | 927 | 77 | 0 |
| 30 Sep 23 | 2,713 | 926 | 82 | 0 |
| 30 Jun 23 | 2,723 | 1,249 | 80 | 0 |
| 31 Mar 23 | 2,674 | 1,020 | 83 | 0 |
| 31 Dec 22 | 2,609 | 1,135 | 80 | 0 |
| 30 Sep 22 | 2,554 | 1,228 | 73 | 0 |
| 30 Jun 22 | 2,432 | 813 | 72 | 0 |
| 31 Mar 22 | 2,374 | 1,122 | 69 | 0 |
| 31 Dec 21 | 2,333 | 1,002 | 70 | 0 |
| 30 Sep 21 | 2,275 | 1,008 | 69 | 0 |
| 30 Jun 21 | 2,261 | 1,077 | 66 | 0 |
| 31 Mar 21 | 2,249 | 800 | 62 | 0 |
| 31 Dec 20 | 2,303 | 826 | 58 | 0 |
| 30 Sep 20 | 2,348 | 653 | 64 | 0 |
| 30 Jun 20 | 2,365 | 784 | 63 | 0 |
| 31 Mar 20 | 2,366 | 782 | 67 | 0 |
| 31 Dec 19 | 2,327 | 784 | 67 | 0 |
| 30 Sep 19 | 2,313 | 1,001 | 62 | 0 |
| 30 Jun 19 | 2,300 | 914 | 64 | 0 |
| 31 Mar 19 | 2,292 | 1,000 | 61 | 0 |
| 31 Dec 18 | 2,289 | 972 | 61 | 0 |
| 30 Sep 18 | 2,266 | 824 | 57 | 0 |
| 30 Jun 18 | 2,260 | 870 | 53 | 0 |
| 31 Mar 18 | 2,221 | 780 | 52 | 0 |
| 31 Dec 17 | 2,189 | 874 | 54 | 0 |
| 30 Sep 17 | 2,104 | 879 | 49 | 0 |
| 30 Jun 17 | 2,048 | 997 | 50 | 0 |
| 31 Mar 17 | 2,046 | 1,029 | 48 | 0 |
| 31 Dec 16 | 2,052 | 1,031 | 46 | 0 |
| 30 Sep 16 | 2,033 | 945 | 47 | 0 |
| 30 Jun 16 | 2,013 | 795 | 45 | 0 |
| 31 Mar 16 | 1,964 | 770 | 44 | 0 |
| 31 Dec 15 | 1,895 | 740 | 43 | 0 |
| 30 Sep 15 | 1,815 | 727 | 44 | 0 |
| 30 Jun 15 | 1,880 | 762 | 45 | 0 |
| 31 Mar 15 | 1,821 | 748 | 45 | 0 |
| 31 Dec 14 | 1,759 | 644 | 43 | 0 |
| 30 Sep 14 | 1,773 | 590 | 39 | 0 |
| 30 Jun 14 | 1,604 | 333 | 38 | 0 |
| 31 Mar 14 | 1,560 | 176 | 39 | 0 |
| 31 Dec 13 | 1,437 | 58 | 40 | 0 |
| 30 Sep 13 | 1,314 | 29 | 39 | 0 |
| 30 Jun 13 | 1,189 | 127 | 37 | 0 |
Quality Earnings: AVB has a large one-off gain of $244.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: AVB's current net profit margins (33.3%) are lower than last year (43.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVB's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: AVB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVB had negative earnings growth (-18.3%) over the past year, making it difficult to compare to the Residential REITs industry average (-0.6%).
Return on Equity
High ROE: AVB's Return on Equity (7.9%) is considered low.