AvalonBay Communities Same Store — Segment Reporting, Utilities increased by 24.9% to $33.64M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $30.33M to $33.64M. Over 3 years (FY 2022 to FY 2025), Same Store — Segment Reporting, Utilities shows an upward trend with a 13.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests rising energy costs or higher consumption, potentially impacting net operating income margins.
This represents the utility expenses incurred by the stabilized portfolio, including electricity, water, and gas, to the...
Standard operating expense; highly comparable across the multi-family sector based on regional climate and utility pricing.
avb_segment_same_store_segment_reporting_utilities| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $19.06M | $19.06M | $19.06M | $19.06M | $23.43M | $23.43M | $23.43M | $23.43M | $29.11M | $23.80M | $27.76M | $28.63M | $30.33M | $25.44M | $29.62M | $26.93M | $33.64M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +22.9% | +0.0% | +0.0% | +0.0% | +24.3% | -18.2% | +16.6% | +3.1% | +6.0% | -16.1% | +16.4% | -9.1% | +24.9% |
| YoY Change | — | — | — | — | +22.9% | +22.9% | +22.9% | +22.9% | +24.3% | +1.6% | +18.5% | +22.2% | +4.2% | +6.9% | +6.7% | -5.9% | +10.9% |