AvalonBay Communities Quarterly Income Statements Chart
Quarterly
|
Annual
AvalonBay Communities Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2018-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue: | ||||||||||||||||||||||||
| rental and other income | 758,601,000 | 744,138,000 | -702,970,700 | 732,591,000 | 724,211,000 | 711,064,000 | ||||||||||||||||||
| management, development and other fees | 1,594,000 | 1,742,000 | 1,335,500 | 1,716,000 | 1,830,000 | 1,795,000 | ||||||||||||||||||
| total revenue | 760,195,000 | 745,880,000 | -714,722,700 | 734,307,000 | 726,041,000 | 712,859,000 | ||||||||||||||||||
| yoy | 4.70% | 4.63% | ||||||||||||||||||||||
| qoq | 1.92% | -204.36% | -197.33% | 1.14% | 1.85% | |||||||||||||||||||
| expenses: | ||||||||||||||||||||||||
| operating expenses, excluding property taxes | 190,940,000 | 187,030,000 | 137,138,250 | 193,041,000 | 179,595,000 | 175,916,000 | ||||||||||||||||||
| property taxes | 86,031,000 | 81,831,000 | -35,078,200 | 82,419,000 | 81,056,000 | 79,780,000 | ||||||||||||||||||
| expensed transaction, development and other pursuit costs, net of recoveries | 2,493,000 | 4,744,000 | 1,506,610,200 | 1,573,000 | 1,417,000 | 4,245,000 | ||||||||||||||||||
| interest expense | 64,801,000 | 59,864,000 | 41,903,250 | 55,769,000 | 57,078,000 | 54,766,000 | ||||||||||||||||||
| depreciation expense | 231,730,000 | 217,888,000 | 157,828,500 | 212,122,000 | 206,923,000 | 212,269,000 | ||||||||||||||||||
| general and administrative expense | 22,997,000 | 19,780,000 | 15,001,500 | 20,089,000 | 19,586,000 | 20,331,000 | ||||||||||||||||||
| casualty and impairment loss | 858,000 | 615,432,800 | 2,935,000 | |||||||||||||||||||||
| total expenses | 599,850,000 | 571,137,000 | 415,227,750 | 565,013,000 | 545,655,000 | 550,242,000 | ||||||||||||||||||
| income from unconsolidated investments | -1,052,000 | -999,000 | 37,181,887,700 | 30,720,000 | 4,822,000 | 10,847,000 | ||||||||||||||||||
| structured investment program interest income | 6,937,000 | 6,113,000 | ||||||||||||||||||||||
| gain on sale of communities | 99,457,000 | 56,469,000 | 7,346,167,400 | 172,973,000 | 68,556,000 | |||||||||||||||||||
| other real estate activity | 3,637,000 | 155,000 | 578,696,800 | 314,000 | 181,000 | 71,000 | ||||||||||||||||||
| income before income taxes | 269,324,000 | 236,481,000 | 13,602,134,300 | 373,301,000 | 253,945,000 | 173,535,000 | ||||||||||||||||||
| income tax benefit | 531,000 | 116,000 | 62,000 | 22,000 | ||||||||||||||||||||
| net income | 269,855,000 | 236,597,000 | 14,573,633,600 | 372,519,000 | 254,007,000 | 173,557,000 | ||||||||||||||||||
| yoy | 6.24% | 36.32% | ||||||||||||||||||||||
| qoq | 14.06% | -98.38% | 3812.19% | 46.66% | 46.35% | |||||||||||||||||||
| net income margin % | 35.50% | 31.72% | -2039.06% | 50.73% | 34.99% | 24.35% | ||||||||||||||||||
| net income attributable to noncontrolling interests | -1,190,000 | |||||||||||||||||||||||
| net income attributable to common stockholders | 268,665,000 | 236,597,000 | 14,517,014,500 | 372,519,000 | 253,934,000 | 173,449,000 | 171,714 | 172,031 | 367,923 | 146,902 | ||||||||||||||
| other comprehensive income: | ||||||||||||||||||||||||
| gain on cash flow hedges | -2,263,000 | -3,597,000 | 3,077,000 | 470,000 | 4,499,000 | 7,339,000 | ||||||||||||||||||
| cash flow hedge (gains) losses reclassified to earnings | -570,000 | -273,000 | -49,250 | -274,000 | -69,000 | |||||||||||||||||||
| comprehensive income | 265,832,000 | 232,727,000 | 203,003,250 | 372,715,000 | 258,364,000 | 180,934,000 | ||||||||||||||||||
| earnings per common share - basic: | ||||||||||||||||||||||||
| earnings per common share - diluted: | ||||||||||||||||||||||||
| loss on extinguishment of debt | ||||||||||||||||||||||||
| income tax expense | 971,593,600 | -782,000 | ||||||||||||||||||||||
| net income (income) attributable to noncontrolling interests | -45,250 | |||||||||||||||||||||||
| net (income) loss attributable to noncontrolling interests | -73,000 | -108,000 | ||||||||||||||||||||||
| cash flow hedge losses reclassified to earnings | 146,000 | |||||||||||||||||||||||
| basic and diluted shares outstanding | ||||||||||||||||||||||||
| weighted-average common shares - basic | 141,838,841,000 | 141,779,951,000 | 139,766,727,000 | |||||||||||||||||||||
| weighted-average downreit units outstanding | 6,511,000 | 7,500,000 | ||||||||||||||||||||||
| effect of dilutive securities | 78,874,750 | 359,258,000 | 337,655,000 | 249,583,000 | ||||||||||||||||||||
| weighted-average common shares - diluted | 142,198,099,000 | 142,124,117,000 | 140,023,810,000 | |||||||||||||||||||||
| calculation of earnings per share - basic | ||||||||||||||||||||||||
| net income allocated to unvested restricted shares | -307.25 | -309 | -645 | -267 | ||||||||||||||||||||
| net income attributable to common stockholders - basic | 171,406.75 | 171,722 | 367,278 | 146,635 | ||||||||||||||||||||
| earnings per common share - basic | 1.215 | 1.21 | 2.59 | 1.05 | ||||||||||||||||||||
| calculation of earnings per share - diluted | ||||||||||||||||||||||||
| add: noncontrolling interests of downreit unitholders in consolidated partnerships, including discontinued operations | 6.25 | 13 | 12 | |||||||||||||||||||||
| net income attributable to common stockholders - diluted | 171,720.25 | 172,031 | 367,936 | 146,914 | ||||||||||||||||||||
| earnings per common share - diluted | 1.215 | 1.21 | 2.59 | 1.05 | ||||||||||||||||||||
| for the three months ended september 30, 2023 | ||||||||||||||||||||||||
| management, development and other fees and other ancillary items | ||||||||||||||||||||||||
| non-lease related revenue | ||||||||||||||||||||||||
| total non-lease revenue | ||||||||||||||||||||||||
| lease income | ||||||||||||||||||||||||
| for the three months ended september 30, 2022 | ||||||||||||||||||||||||
| for the three months ended june 30, 2023 | ||||||||||||||||||||||||
| for the three months ended june 30, 2022 | ||||||||||||||||||||||||
| for the three months ended march 31, 2023 | ||||||||||||||||||||||||
| for the three months ended march 31, 2022 |
We provide you with 20 years income statements for AvalonBay Communities stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of AvalonBay Communities stock. Explore the full financial landscape of AvalonBay Communities stock with our expertly curated income statements.
The information provided in this report about AvalonBay Communities stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.