Business Segments · Total NOI

Same Store — Total NOI

AvalonBay Communities Same Store — Total NOI increased by 8.2% to $485.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $485.45M to $485.88M. Over 4 years (FY 2021 to FY 2025), Same Store — Total NOI shows an upward trend with a 8.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher NOI indicates strong rental demand, effective pricing power, and disciplined expense management.

Detailed definition

Net Operating Income (NOI) for the same-store portfolio is calculated by subtracting property-level operating expenses f...

Peer comparison

A universal metric for REITs, often compared against peers to assess relative asset quality and market strength.

Metric ID: avb_segment_same_store_total_noi

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$344.49M$344.49M$344.49M$390.42M$390.42M$390.42M$390.42M$438.78M$438.78M$438.78M$438.78M$473.07M$470.37M$460.99M$446.74M$485.45M$482.09M$466.50M$448.86M$485.88M
QoQ Change+0.0%+0.0%+13.3%+0.0%+0.0%+0.0%+12.4%+0.0%+0.0%+0.0%+7.8%-0.6%-2.0%-3.1%+8.7%-0.7%-3.2%-3.8%+8.2%
YoY Change+13.3%+13.3%+13.3%+12.4%+12.4%+12.4%+12.4%+7.8%+7.2%+5.1%+1.8%+2.6%+2.5%+1.2%+0.5%+0.1%
Range$344.49M$485.88M
CAGR+7.5%
Avg YoY Growth+7.4%
Median YoY Growth+7.5%

Frequently Asked Questions

What is AvalonBay Communities's same store — total noi?
AvalonBay Communities (AVB) reported same store — total noi of $485.88M in Q1 2026.
How has AvalonBay Communities's same store — total noi changed year-over-year?
AvalonBay Communities's same store — total noi increased by 0.1% year-over-year, from $485.45M to $485.88M.
What is the long-term trend for AvalonBay Communities's same store — total noi?
Over 4 years (2021 to 2025), AvalonBay Communities's same store — total noi has grown at a 8.1% compound annual growth rate (CAGR), from $1.38B to $1.88B.
What does same store — total noi mean?
The profit generated by established properties after subtracting operating expenses from rental income.