Skip to content
OpenCapital
Get started

AvalonBay Communities AVB Q1 2025 earnings

Reported April 30, 2025 · After market close

Revenue$745.9MBeat by $1.9MDiluted EPS$2.83Beat by $0.03
Revenue estimate$744.0M
EPS estimate$2.80

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$771.7M
EPS estimate$1.23

Financials

Q1 2025

Income statement

See full
Revenue$745.9M+4.6%
Operating income$510.6M+6.6%
Net income$236.6M+36.4%
EPS (diluted)$1.66+36.1%

Balance sheet

See full
Cash & equivalents$219.1M-48.3%
Total debt$8.7B+7.0%
Total equity$11.9B+1.7%
Total assets$21.2B+2.8%

Cash flow

See full
Operating cash flow$415.9M+0.7%
CapEx$48.4M+29.0%
Free cash flow$367.5M-2.1%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$30.53B+15.8%
Enterprise value$39.01B+14.5%
P/E26.7×-0.9×
P/S10.4×+1.0×

Profitability

See full
Operating margin66.4%+1.7pp
Net margin38.9%+4.8pp
FCF margin47.7%-1.9pp

Returns & leverage

See full
Return on equity9.7%+1.3pp
Debt / equity0.7×0.0×

Segments

By segment

See full
Other Stabilized$10.0M-4.0%
Development/ Redevelopment$7.9M—

By product

See full
Non-lease related revenue$3.6M-4.9%
Management, development and other fees and other ancillary items$1.7M-3.0%

Versus estimates

Revenue

Q1 2026$705.3MMiss by $63.5MQ4 2025$678.9MMiss by $86.7MQ3 2025$764.9MMiss by $1.5MQ2 2025$760.2MMiss by $5.9M
Q1 2025$745.9MBeat by $1.9M
Q4 2024$740.5MIn line

Diluted EPS

Q1 2026$2.33Beat by $1.06Q4 2025$1.17Miss by $0.06Q3 2025$2.75Miss by $0.06Q2 2025$2.82Beat by $0.02
Q1 2025$2.83Beat by $0.03
Q4 2024$2.80Miss by $0.03

Ask the moment AvalonBay Communities reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did AvalonBay Communities report Q1 2025 earnings?
AvalonBay Communities (AVB) reported Q1 2025 earnings on April 30, 2025 after market close.
What were AvalonBay Communities's Q1 2025 revenue and EPS?
AvalonBay Communities reported revenue of $745.9M and diluted EPS of $2.83 for Q1 2025.
Did AvalonBay Communities beat estimates in Q1 2025?
Revenue beat the consensus estimate of $744.0M by $1.9M. EPS beat the consensus estimate of $2.80 by $0.03.
How did AvalonBay Communities's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.6% from $712.9M a year earlier and diluted EPS grew 4.8% from $2.70.
Where can I find AvalonBay Communities's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0000915912-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.