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Avalonbay Communities (AVB)

Avalonbay Communities (AVB)
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AvalonBay Communities, Inc. is a real estate investment trust primarily focusing on developing, redeveloping, acquisition, ownership and operations of multi-family apartment communities for higher-income clients in high barrier-to-entry regions of the United States, which generally command the highest rents in the markets. These markets include New England, the New York/New Jersey metro area, Mid-Atlantic, Pacific Northwest, and Northern and Southern California. The company is also tracking opportunities in the newly expanded markets of Raleigh-Durham and Charlotte, NC; Southeast Florida; Dallas and Austin, TX, and Denver, CO. The company focuses on metropolitan areas historically experiencing rising employment in high-wage sectors of the economy, along with high home ownership costs and a vibrant quality of life.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 2,913,760 2,767,910 2,593,450 2,294,850 2,301,260
Sales Growth +5.27% +6.73% +13.01% -0.28% -1.01%
Net Income 1,081,990 928,830 1,136,780 1,004,300 827,630
Net Income Growth +16.49% -18.29% +13.19% +21.35% +5.30%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 21,000,740 20,678,211 20,457,760 19,902,020 19,199,141
Total Assets Growth +1.56% +1.08% +2.79% +3.66% +0.41%
Total Liabilities 9,059,650 8,894,900 9,204,210 8,968,920 8,446,970
Total Liabilities Growth +1.85% -3.36% +2.62% +6.18% +3.89%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 1,607,880 1,560,030 1,421,930 1,203,170 1,219,620
Operating Cash Flow Growth +3.07% +9.71% +18.18% -1.35% -7.73%
Net Cash Flow -263,880 -203,290 190,460 230,260 185,920
Change in Net Cash Flow -29.80% -206.74% -17.28% +23.85% +306.01%
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