Discontinued — last reported Q3 '24
AvalonBay Communities Denver, CO — NOI decreased by 0.3% to $7.32M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 44.5%, from $5.06M to $7.32M. Over 2 years (FY 2021 to FY 2023), Denver, CO — NOI shows an upward trend with a 10.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Rising NOI indicates improved operational efficiency or stronger pricing power, whereas declining NOI suggests rising operating costs or softening market conditions.
Net Operating Income (NOI) for the Denver segment is calculated as total property revenues minus property-level operatin...
Standard industry metric for real estate investment trusts, allowing for direct comparison of property-level profitability across different geographic regions.
avb_segment_denver_co_noi| 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 | $3.94M | $4.01M | $4.49M | $4.73M | $4.90M | $4.91M | $5.12M | $4.94M | $4.82M | $5.06M | $5.19M | $7.40M | $7.34M | $7.32M |
| QoQ Change | — | +1.9% | +11.8% | +5.4% | +3.7% | +0.1% | +4.4% | -3.4% | -2.5% | +5.0% | +2.6% | +42.4% | -0.8% | -0.3% |
| YoY Change | — | — | — | — | +24.5% | +22.3% | +14.1% | +4.6% | -1.6% | +3.2% | +1.4% | +49.6% | +52.2% | +44.5% |