Dec 31, 2021

AvalonBay Q4 2021 Earnings Report

AvalonBay reported a net income of $335.2 million and EPS of $2.40, while FFO per share and Core FFO per share both increased to $2.27 for Q4 2021.

Key Takeaways

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.

Net Income Attributable to Common Stockholders for Q4 2021 was $335,209,000.

EPS for Q4 2021 decreased 1.6% to $2.40.

FFO per share for Q4 2021 increased 17.6% to $2.27.

Core FFO per share for Q4 2021 increased 12.4% to $2.27.

Total Revenue
$601M
Previous year: $556M
+8.2%
EPS
$2.27
Previous year: $2.02
+12.4%
Total Apartment Homes
87.99K
Gross Profit
$390M
Previous year: $343M
+13.9%
Cash and Equivalents
$544M
Previous year: $314M
+73.4%
Total Assets
$19.9B
Previous year: $19.2B
+3.7%

AvalonBay

AvalonBay

Forward Guidance

The Company provided its financial outlook for Q1 and Full Year 2022.