Discontinued — last reported Q3 '24
Southeast Florida — NOI
AvalonBay Communities Southeast Florida — NOI decreased by 4.6% to $15.15M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 23.6%, from $12.26M to $15.15M. Over 2 years (FY 2021 to FY 2023), Southeast Florida — NOI shows an upward trend with a 59.9% 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 operating costs or declining regional performance.
Detailed definition
Net Operating Income (NOI) for the Southeast Florida segment is calculated as total property revenues minus property-lev...
Peer comparison
Standard industry metric for multi-family REITs, allowing for direct comparison of regional asset performance across competitors.
avb_segment_southeast_florida_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 | $4.56M | $5.03M | $5.92M | $5.98M | $6.17M | $6.37M | $6.48M | $12.93M | $12.34M | $12.26M | $12.78M | $15.87M | $15.89M | $15.15M |
| QoQ Change | — | +10.3% | +17.7% | +1.0% | +3.2% | +3.3% | +1.7% | +99.6% | -4.6% | -0.7% | +4.2% | +24.2% | +0.1% | -4.6% |
| YoY Change | — | — | — | — | +35.4% | +26.8% | +9.5% | +116.4% | +100.0% | +92.3% | +97.2% | +22.7% | +28.7% | +23.6% |
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Frequently Asked Questions
- What is AvalonBay Communities's southeast florida — noi?
- AvalonBay Communities (AVB) reported southeast florida — noi of $15.15M in Q3 2024.
- How has AvalonBay Communities's southeast florida — noi changed year-over-year?
- AvalonBay Communities's southeast florida — noi increased by 23.6% year-over-year, from $12.26M to $15.15M.
- What is the long-term trend for AvalonBay Communities's southeast florida — noi?
- Over 2 years (2021 to 2023), AvalonBay Communities's southeast florida — noi has grown at a 59.9% compound annual growth rate (CAGR), from $19.69M to $50.32M.
- What does southeast florida — noi mean?
- The profit generated by the company's Southeast Florida properties after subtracting operating expenses from rental revenue.