Discontinued — last reported Q3 '24

Geographic · NOI

Other Expansion Regions — NOI

AvalonBay Communities Other Expansion Regions — NOI decreased by 6.9% to $5.29M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 32.0%, from $4.00M to $5.29M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ3 2024
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency or stronger pricing power relative to the costs of maintaining properties in these markets.

Detailed definition

Net Operating Income (NOI) for this segment is calculated as total property revenues minus property operating expenses,...

Peer comparison

Standard industry metric for REITs; peers typically report NOI by segment to demonstrate regional margin performance.

Metric ID: avb_segment_other_expansion_regions_noi

Historical Data

11 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.60M$3.76M$3.70M$4.03M$4.08M$4.03M$4.00M$4.06M$5.55M$5.68M$5.29M
QoQ Change+4.4%-1.6%+8.8%+1.2%-1.2%-0.6%+1.4%+36.7%+2.4%-6.9%
YoY Change+13.1%+7.0%+8.1%+0.7%+36.1%+41.0%+32.0%
Range$3.60M$5.68M
CAGR+16.6%
Avg YoY Growth+19.7%
Median YoY Growth+13.1%

Frequently Asked Questions

What is AvalonBay Communities's other expansion regions — noi?
AvalonBay Communities (AVB) reported other expansion regions — noi of $5.29M in Q3 2024.
How has AvalonBay Communities's other expansion regions — noi changed year-over-year?
AvalonBay Communities's other expansion regions — noi increased by 32.0% year-over-year, from $4.00M to $5.29M.
What does other expansion regions — noi mean?
The profit generated by properties in expansion regions after accounting for operating expenses but before interest and taxes.