AVB
Income statement / Annual
Last year (2023), AvalonBay Communities, Inc.'s total revenue was $2.78 B,
an increase of 7.25% from the previous year.
In 2023, AvalonBay Communities, Inc.'s net income was $928.83 M.
See AvalonBay Communities, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$2.78 B
|
$2.59 B
|
$2.29 B
|
$2.30 B
|
$2.32 B
|
$2.28 B
|
$2.16 B
|
$2.05 B
|
$1.86 B
|
$1.69 B
|
| Cost of Revenue |
$988.13 M |
$919.11 M |
$853.94 M |
$823.10 M |
$768.11 M |
$762.85 M |
$719.39 M |
$678.45 M |
$637.88 M |
$584.82 M |
| Gross Profit |
$1.79 B |
$1.67 B |
$1.44 B |
$1.48 B |
$1.56 B |
$1.52 B |
$1.44 B |
$1.37 B |
$1.22 B |
$1.10 B |
| Gross Profit Ratio |
0.64 |
0.65 |
0.63 |
0.64 |
0.67 |
0.67 |
0.67 |
0.67 |
0.66 |
0.65 |
| Research and Development
Expenses |
$0.00
|
$16.57 M
|
$3.23 M
|
$12.40 M
|
$0.34
|
$0.43
|
$0.41
|
$0.51
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$76.53 M
|
$74.06 M
|
$69.61 M
|
$60.34 M
|
$58.04 M
|
$56.21 M
|
$50.81 M
|
$45.77 M
|
$42.40 M
|
$41.43 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$3.81 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$76.53 M
|
$74.06 M
|
$69.61 M
|
$60.34 M
|
$58.04 M
|
$56.21 M
|
$50.81 M
|
$45.77 M
|
$42.40 M
|
$41.43 M
|
| Other Expenses |
$0.00 |
$814.98 M |
$758.60 M |
$707.33 M |
$661.58 M |
$631.20 M |
$584.15 M |
$531.43 M |
$477.92 M |
$442.68 M |
| Operating Expenses |
$1.78 B |
$905.61 M |
$828.21 M |
$767.67 M |
$719.62 M |
$687.40 M |
$634.96 M |
$577.21 M |
$520.32 M |
$484.11 M |
| Cost And Expenses |
$1.06 B |
$1.82 B |
$1.68 B |
$1.59 B |
$1.49 B |
$1.45 B |
$1.35 B |
$1.26 B |
$1.16 B |
$1.07 B |
| Interest Income |
$0.00 |
$230.07 M |
$220.42 M |
$214.15 M |
$203.59 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$205.99 M |
$230.07 M |
$220.42 M |
$214.15 M |
$203.59 M |
$220.97 M |
$199.66 M |
$187.51 M |
$175.62 M |
$180.62 M |
| Depreciation &
Amortization |
$816.97 M
|
$1.86 B
|
$1.74 B
|
$1.59 B
|
$1.49 B
|
$1.46 B
|
$1.36 B
|
$1.26 B
|
$477.92 M
|
$442.68 M
|
| EBITDA |
$1.70 B
|
$1.64 B
|
$1.41 B
|
$1.42 B
|
$1.51 B
|
$1.46 B
|
$1.41 B
|
$1.32 B
|
$1.21 B
|
$1.13 B
|
| EBITDA Ratio |
0.61 |
0.63 |
0.61 |
0.62 |
0.65 |
0.65 |
0.68 |
0.68 |
0.67 |
0.72 |
| Operating Income Ratio
|
0.75
|
0.32
|
0.28
|
0.31
|
0.36
|
0.36
|
0.37
|
0.38
|
0.37
|
0.36
|
| Total Other
Income/Expenses Net |
-$1.15 B
|
-$812.21 M
|
-$399.79 M
|
-$597.09 M
|
-$37.79 M
|
-$488.29 M
|
-$536.10 M
|
-$288.40 M
|
$50.13 M
|
-$465.34 M
|
| Income Before Tax |
$938.59 M |
$1.15 B |
$1.01 B |
$824.46 M |
$799.11 M |
$974.18 M |
$876.66 M |
$1.03 B |
$743.59 M |
$668.52 M |
| Income Before Tax Ratio
|
0.34
|
0.44
|
0.44
|
0.36
|
0.34
|
0.43
|
0.41
|
0.51
|
0.4
|
0.4
|
| Income Tax Expense |
$10.15 M |
$14.65 M |
$5.73 M |
-$3.25 M |
$13.00 M |
-$160,000.00 |
$141,000.00 |
$305,000.00 |
$1.86 M |
$9.37 M |
| Net Income |
$928.83 M |
$1.14 B |
$1.00 B |
$827.63 M |
$785.97 M |
$974.53 M |
$876.92 M |
$1.03 B |
$742.04 M |
$683.57 M |
| Net Income Ratio |
0.33 |
0.44 |
0.44 |
0.36 |
0.34 |
0.43 |
0.41 |
0.51 |
0.4 |
0.41 |
| EPS |
6.57 |
8.13 |
7.19 |
5.89 |
5.64 |
7.05 |
6.36 |
7.53 |
5.54 |
5.22 |
| EPS Diluted |
6.56 |
8.11 |
7.17 |
5.88 |
5.63 |
7.05 |
6.35 |
7.52 |
5.51 |
5.21 |
| Weighted Average Shares
Out |
$141.31 M
|
$139.63 M
|
$139.39 M
|
$140.09 M
|
$139.42 M
|
$138.25 M
|
$137.91 M
|
$137.27 M
|
$133.89 M
|
$130.88 M
|
| Weighted Average Shares
Out Diluted |
$141.64 M
|
$139.98 M
|
$139.72 M
|
$140.44 M
|
$139.57 M
|
$138.29 M
|
$138.07 M
|
$137.46 M
|
$134.59 M
|
$131.24 M
|
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