AvalonBay Earnings Reports

AvalonBay delivered growth in EPS and Core FFO per share, supported by increases in residential and commercial NOI. Operational margins remained healthy, and the company maintained strong financial flexibility with 95% of NOI unencumbered.

AvalonBay Communities, Inc. delivered higher earnings and operational performance in Q2 2025, driven by increased residential revenue and NOI from new developments and acquisitions.

AvalonBay reported robust financials in Q1 2025, driven by stable residential performance, key acquisitions in Texas, and strategic capital market activity. The company also reaffirmed its full-year guidance and remains well-positioned with a strong development pipeline and balance sheet.

AvalonBay Communities, Inc. reported a 16.5% increase in EPS and a 2.2% increase in Core FFO per share for Q4 2024 compared to Q4 2023. The company also announced a 2.9% dividend increase for Q1 2025.

AvalonBay Communities, Inc. reported a strong Q3 2024 with a notable increase in Earnings per Share (EPS). The company also completed development projects, started new constructions, and engaged in strategic acquisitions and dispositions, enhancing its portfolio and financial position.

AvalonBay Communities, Inc. announced its Q2 2024 results, demonstrating growth in FFO per share and Core FFO per share compared to the previous year. The company also completed the development of three communities and started construction on three new apartment communities. The full year 2024 outlook was raised.

AvalonBay Communities, Inc. reported a positive start to 2024, with diluted earnings per share (EPS) of $1.22, FFO per share of $2.73, and Core FFO per share of $2.70. The company's same-store residential revenue increased by 4.2%, and same-store residential NOI increased by 3.7%.

AvalonBay Communities, Inc. reported its Q4 2023 results, with EPS at $1.70, FFO per share at $2.63, and Core FFO per share at $2.74. The company also announced a 3.0% increase in its quarterly dividend.

AvalonBay Communities, Inc. reported Earnings per Share of $1.21, FFO per share of $2.48, and Core FFO per share of $2.66 for the third quarter of 2023. The company completed the development of three communities and started construction on two new apartment communities. Same Store total revenue increased by 5.0%, driven by a 5.2% increase in Same Store Residential rental revenue.

AvalonBay Communities, Inc. reported a strong second quarter in 2023, with a notable increase in Earnings per Share (EPS) and Funds from Operations (FFO) per share compared to the previous year. The company's Same Store Residential Net Operating Income (NOI) also saw growth, contributing to the positive results.

AvalonBay Communities, Inc. reported a decrease in Earnings per Share (EPS) but an increase in Funds from Operations (FFO) per share and Core FFO per share for the first quarter of 2023. Same Store total revenue increased, driven by residential rental revenue growth.

AvalonBay Communities, Inc. reported a decrease in EPS but an increase in FFO and Core FFO per share for Q4 2022 compared to Q4 2021. Same Store Residential NOI increased by 11.3%. The company also announced a 3.8% dividend increase and provided its initial financial outlook for 2023.

AvalonBay Communities, Inc. reported a substantial increase in net income attributable to common stockholders for the three months ended September 30, 2022, reaching $494,747,000. This resulted in a significant rise in earnings per share (EPS) to $3.53, driven by gains on sales of real estate and increased Same Store Residential NOI.

AvalonBay Communities, Inc. reported a decrease in Earnings per Share (EPS) to $0.99, a decrease of 69.2% from the prior year period, primarily attributable to a decrease in gain on sale of real estate, partially offset by an increase in Same Store Residential NOI. Funds from Operations (FFO) per share increased 22.3% to $2.41, and Core FFO per share increased 22.7% to $2.43.

AvalonBay Communities, Inc. reported a Net Income Attributable to Common Stockholders of $262,044,000 for the three months ended March 31, 2022. EPS increased by 83.3% to $1.87, FFO per share increased by 15.5% to $2.24, and Core FFO per share increased by 15.9% to $2.26.

AvalonBay Communities, Inc. reported Q4 2021 results, with a net income of $335,209,000. EPS decreased slightly to $2.40, while FFO per share and Core FFO per share both increased to $2.27.

AvalonBay Communities, Inc. reported a decrease in net income and FFO per share for the third quarter of 2021, while Core FFO per share remained unchanged. Same Store total revenue increased by 1.2%.

AvalonBay Communities, Inc. reported a Net Income Attributable to Common Stockholders of $447,953,000 for the three months ended June 30, 2021. EPS increased to $3.21, while FFO per share decreased to $1.97 and Core FFO per share decreased to $1.98.

AvalonBay Communities, Inc. reported a decrease in Net Income Attributable to Common Stockholders for the three months ended March 31, 2021. EPS, FFO per share, and Core FFO per share also decreased compared to the prior year period.

AvalonBay Communities, Inc. reported Net Income Attributable to Common Stockholders for the three months ended December 31, 2020 was $341,128,000. Earnings per Share – diluted (“EPS”) increased for the three months ended December 31, 2020 of 103.3% to $2.44. Funds from Operations attributable to common stockholders - diluted (“FFO”) per share for the three months ended December 31, 2020 decreased 18.9% to $1.93. Core FFO per share for the three months ended December 31, 2020 decreased 16.9% to $2.02.

AvalonBay Communities, Inc. reported a decrease in Net Income Attributable to Common Stockholders for the three months ended September 30, 2020. EPS, FFO per share and Core FFO per share also decreased compared to the prior year period.

AvalonBay Communities, Inc. reported net income attributable to common stockholders of $170,828,000 for the three months ended June 30, 2020. Earnings per share remained unchanged from the prior year period at $1.21.

AvalonBay Communities, Inc. reported a decrease in Earnings per Share (EPS) and an increase in Core FFO per share for the three months ended March 31, 2020. Net Income Attributable to Common Stockholders was $167,971,000.

Net Income Attributable to Common Stockholders for the three months ended December 31, 2019 was $167,650,000. Core FFO per share for the three months ended December 31, 2019 increased 5.2% to $2.43 from $2.31 for the prior year period.