Discontinued — last reported Q3 '24
Northern California — NOI
AvalonBay Communities Northern California — NOI increased by 0.4% to $76.29M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $75.93M to $76.29M. Over 2 years (FY 2021 to FY 2023), Northern California — NOI shows an upward trend with a 8.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests improved operational efficiency or higher margins, while a decrease may indicate rising operating costs or declining rental income.
Detailed definition
Net Operating Income (NOI) for the Northern California segment is calculated as total property revenues minus property-l...
Peer comparison
Standardized across the REIT industry as a key measure of property-level performance and asset value.
avb_segment_northern_california_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 | $65.02M | $64.56M | $63.62M | $68.75M | $72.17M | $73.61M | $74.25M | $75.25M | $77.14M | $75.93M | $76.06M | $76.04M | $75.97M | $76.29M |
| QoQ Change | — | -0.7% | -1.5% | +8.1% | +5.0% | +2.0% | +0.9% | +1.4% | +2.5% | -1.6% | +0.2% | -0.0% | -0.1% | +0.4% |
| YoY Change | — | — | — | — | +11.0% | +14.0% | +16.7% | +9.5% | +6.9% | +3.2% | +2.4% | +1.0% | -1.5% | +0.5% |
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Frequently Asked Questions
- What is AvalonBay Communities's northern california — noi?
- AvalonBay Communities (AVB) reported northern california — noi of $76.29M in Q3 2024.
- How has AvalonBay Communities's northern california — noi changed year-over-year?
- AvalonBay Communities's northern california — noi increased by 0.5% year-over-year, from $75.93M to $76.29M.
- What is the long-term trend for AvalonBay Communities's northern california — noi?
- Over 2 years (2021 to 2023), AvalonBay Communities's northern california — noi has grown at a 8.5% compound annual growth rate (CAGR), from $258.76M to $304.38M.
- What does northern california — noi mean?
- The profit generated by properties in Northern California after subtracting direct operating expenses.