AvalonBay Communities Operating Lease Liabilities (Total) decreased by 1.1% to $143.66M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.7%, from $152.29M to $143.66M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows relatively stable performance with a -2.1% CAGR.
An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.
This represents the total present value of future lease payments for operating leases, recognized as a liability on the...
Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.
operating_lease_liabilities_total| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $157.31M | $154.79M | $146.38M | $147.87M | $146.42M | $144.97M | $142.60M | $137.36M | $134.92M | $134.43M | $133.22M | $130.93M | $131.61M | $155.44M | $153.33M | $152.29M | $149.40M | $147.93M | $145.32M | $143.66M |
| QoQ Change | — | -1.6% | -5.4% | +1.0% | -1.0% | -1.0% | -1.6% | -3.7% | -1.8% | -0.4% | -0.9% | -1.7% | +0.5% | +18.1% | -1.4% | -0.7% | -1.9% | -1.0% | -1.8% | -1.1% |
| YoY Change | — | — | — | — | -6.9% | -6.3% | -2.6% | -7.1% | -7.9% | -7.3% | -6.6% | -4.7% | -2.5% | +15.6% | +15.1% | +16.3% | +13.5% | -4.8% | -5.2% | -5.7% |