Discontinued — last reported Q3 '24

Geographic · NOI

Denver, CO — NOI

AvalonBay Communities Denver, CO — NOI decreased by 0.3% to $7.32M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 44.5%, from $5.06M to $7.32M. Over 2 years (FY 2021 to FY 2023), Denver, CO — NOI shows an upward trend with a 10.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ3 2024
Rolls up toOperating Income

How to read this metric

Rising NOI indicates improved operational efficiency or stronger pricing power, whereas declining NOI suggests rising operating costs or softening market conditions.

Detailed definition

Net Operating Income (NOI) for the Denver segment is calculated as total property revenues minus property-level operatin...

Peer comparison

Standard industry metric for real estate investment trusts, allowing for direct comparison of property-level profitability across different geographic regions.

Metric ID: avb_segment_denver_co_noi

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.94M$4.01M$4.49M$4.73M$4.90M$4.91M$5.12M$4.94M$4.82M$5.06M$5.19M$7.40M$7.34M$7.32M
QoQ Change+1.9%+11.8%+5.4%+3.7%+0.1%+4.4%-3.4%-2.5%+5.0%+2.6%+42.4%-0.8%-0.3%
YoY Change+24.5%+22.3%+14.1%+4.6%-1.6%+3.2%+1.4%+49.6%+52.2%+44.5%
Range$3.94M$7.40M
CAGR+21.0%
Avg YoY Growth+21.5%
Median YoY Growth+18.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is AvalonBay Communities's denver, co — noi?
AvalonBay Communities (AVB) reported denver, co — noi of $7.32M in Q3 2024.
How has AvalonBay Communities's denver, co — noi changed year-over-year?
AvalonBay Communities's denver, co — noi increased by 44.5% year-over-year, from $5.06M to $7.32M.
What is the long-term trend for AvalonBay Communities's denver, co — noi?
Over 2 years (2021 to 2023), AvalonBay Communities's denver, co — noi has grown at a 10.3% compound annual growth rate (CAGR), from $16.45M to $20.02M.
What does denver, co — noi mean?
The profit generated by Denver apartment properties after paying for daily operating expenses.