Other

Lease liabilities

AvalonBay Communities Lease liabilities decreased by 1.0% to $163.52M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.1%, from $172.23M to $163.52M. Over 5 years (FY 2020 to FY 2025), Lease liabilities shows relatively stable performance with a -1.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026

How to read this metric

An increase reflects the expansion of leased office or operational space, while a decrease suggests lease expirations or payments.

Detailed definition

This reflects the present value of future lease payments for assets the company leases, such as office space or equipmen...

Peer comparison

Standard for all companies under modern lease accounting standards (ASC 842).

Metric ID: other_lease_liability_b72723

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$177.45M$174.92M$166.50M$167.97M$166.52M$165.05M$162.67M$157.41M$154.96M$154.45M$153.23M$150.93M$151.59M$175.40M$173.28M$172.23M$169.32M$167.83M$165.20M$163.52M
QoQ Change-1.4%-4.8%+0.9%-0.9%-0.9%-1.4%-3.2%-1.6%-0.3%-0.8%-1.5%+0.4%+15.7%-1.2%-0.6%-1.7%-0.9%-1.6%-1.0%
YoY Change-6.2%-5.6%-2.3%-6.3%-6.9%-6.4%-5.8%-4.1%-2.2%+13.6%+13.1%+14.1%+11.7%-4.3%-4.7%-5.1%
Range$150.93M$177.45M
CAGR-1.7%
Avg YoY Growth-0.5%
Median YoY Growth-4.5%
Current Streak6 quarters decline

Frequently Asked Questions

What is AvalonBay Communities's lease liabilities?
AvalonBay Communities (AVB) reported lease liabilities of $163.52M in Q1 2026.
How has AvalonBay Communities's lease liabilities changed year-over-year?
AvalonBay Communities's lease liabilities decreased by 5.1% year-over-year, from $172.23M to $163.52M.
What is the long-term trend for AvalonBay Communities's lease liabilities?
Over 5 years (2020 to 2025), AvalonBay Communities's lease liabilities has grown at a -1.9% compound annual growth rate (CAGR), from $181.48M to $165.20M.
What does lease liabilities mean?
The total value of future payments for leased assets recognized as a liability.