Avalonbay Communities (AVB)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 12-2024 | 12-2023 | 12-2022 | 12-2021 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 1,056,599 | 1,082,175 | 928,438 | 1,136,438 | 1,004,356 |
| Depreciation Amortization | 953,519 | 885,506 | 856,839 | 860,060 | 794,244 |
| Other Working Capital | 13,721 | 6,764 | 17,796 | 10,009 | 9,997 |
| Other Operating Activity | -352,734 | -366,567 | -243,044 | -584,575 | -605,427 |
| Operating Cash Flow | $1,671,105 | $1,607,878 | $1,560,029 | $1,421,932 | $1,203,170 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -1,357,140 | -902,267 | -847,914 | -44,525 | -605,026 |
| Net Acquisitions | N/A | N/A | N/A | -536,838 | N/A |
| Purchase Of Investment | -40,009 | -14,175 | -18,861 | -14,269 | -53,536 |
| Sale Of Investment | N/A | N/A | N/A | N/A | 63,171 |
| Other Investing Activity | 4,782 | -80,422 | -62,180 | 35,213 | -28,662 |
| Investing Cash Flow | $-1,392,367 | $-996,864 | $-928,955 | $-560,419 | $-624,053 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 2,086,920 | 398,788 | 399,756 | 348,565 | 1,098,643 |
| Debt Repayment | -836,465 | -309,793 | -797,000 | -143,332 | -571,709 |
| Common Stock Issued | 86,645 | 10,535 | 496,706 | 20,020 | 31,874 |
| Common Stock Repurchased | -488,115 | 0 | -1,911 | N/A | 0 |
| Dividend Paid | -992,333 | -961,914 | -922,657 | -889,607 | -888,344 |
| Other Financing Activity | -49,383 | -12,514 | -9,253 | -6,702 | -19,325 |
| Financing Cash Flow | $-192,731 | $-874,898 | $-834,359 | $-671,056 | $-348,861 |
| Beginning Cash Position | 267,076 | 530,960 | 734,245 | 543,788 | 313,532 |
| End Cash Position | 353,083 | 267,076 | 530,960 | 734,245 | 543,788 |
| Net Cash Flow | $86,007 | $-263,884 | $-203,285 | $190,457 | $230,256 |
| Free Cash Flow | |||||
| Operating Cash Flow | 1,671,105 | 1,607,878 | 1,560,029 | 1,421,932 | 1,203,170 |
| Capital Expenditure | -2,156,559 | -1,613,546 | -1,315,010 | -1,095,908 | -1,579,788 |
| Free Cash Flow | -485,454 | -5,668 | 245,019 | 326,024 | -376,618 |