Discontinued — last reported Q3 '24
Pacific Northwest — NOI
AvalonBay Communities Pacific Northwest — NOI decreased by 0.3% to $31.32M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $30.00M to $31.32M. Over 2 years (FY 2021 to FY 2023), Pacific Northwest — NOI shows an upward trend with a 19.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved operational efficiency or stronger pricing power, whereas a decrease may signal rising maintenance costs or declining regional property performance.
Detailed definition
Net Operating Income (NOI) for the Pacific Northwest segment is calculated as total property revenues minus property ope...
Peer comparison
Standard industry metric for multi-family REITs; highly comparable to regional NOI reported by peers like Equity Residential or Essex Property Trust.
avb_segment_pacific_northwest_noiHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.30M | $19.20M | $28.09M | $24.22M | $26.10M | $26.27M | $26.24M | $30.43M | $30.60M | $30.00M | $30.76M | $30.98M | $31.40M | $31.32M |
| QoQ Change | — | +4.9% | +46.3% | -13.8% | +7.8% | +0.7% | -0.1% | +16.0% | +0.6% | -2.0% | +2.5% | +0.7% | +1.4% | -0.3% |
| YoY Change | — | — | — | — | +42.6% | +36.9% | -6.6% | +25.6% | +17.2% | +14.2% | +17.2% | +1.8% | +2.6% | +4.4% |
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Frequently Asked Questions
- What is AvalonBay Communities's pacific northwest — noi?
- AvalonBay Communities (AVB) reported pacific northwest — noi of $31.32M in Q3 2024.
- How has AvalonBay Communities's pacific northwest — noi changed year-over-year?
- AvalonBay Communities's pacific northwest — noi increased by 4.4% year-over-year, from $30.00M to $31.32M.
- What is the long-term trend for AvalonBay Communities's pacific northwest — noi?
- Over 2 years (2021 to 2023), AvalonBay Communities's pacific northwest — noi has grown at a 19.0% compound annual growth rate (CAGR), from $85.98M to $121.78M.
- What does pacific northwest — noi mean?
- The profit generated by properties in the Pacific Northwest after subtracting operating expenses but before interest and taxes.