Discontinued — last reported Q3 '24
Southern California — NOI
AvalonBay Communities Southern California — NOI decreased by 1.4% to $103.05M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $96.25M to $103.05M. Over 2 years (FY 2021 to FY 2023), Southern California — NOI shows an upward trend with a 12.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved operational efficiency or higher margins, whereas a decrease indicates rising operating costs or declining property performance.
Detailed definition
Net Operating Income (NOI) for the Southern California segment is calculated as total property revenues minus property-l...
Peer comparison
Standard industry metric for multi-family REITs; peers typically report NOI by segment to demonstrate regional asset performance.
avb_segment_southern_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 | $73.36M | $79.59M | $77.85M | $84.72M | $92.20M | $85.31M | $83.23M | $90.98M | $94.97M | $96.25M | $98.07M | $105.06M | $104.48M | $103.05M |
| QoQ Change | — | +8.5% | -2.2% | +8.8% | +8.8% | -7.5% | -2.4% | +9.3% | +4.4% | +1.4% | +1.9% | +7.1% | -0.6% | -1.4% |
| YoY Change | — | — | — | — | +25.7% | +7.2% | +6.9% | +7.4% | +3.0% | +12.8% | +17.8% | +15.5% | +10.0% | +7.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is AvalonBay Communities's southern california — noi?
- AvalonBay Communities (AVB) reported southern california — noi of $103.05M in Q3 2024.
- How has AvalonBay Communities's southern california — noi changed year-over-year?
- AvalonBay Communities's southern california — noi increased by 7.1% year-over-year, from $96.25M to $103.05M.
- What is the long-term trend for AvalonBay Communities's southern california — noi?
- Over 2 years (2021 to 2023), AvalonBay Communities's southern california — noi has grown at a 12.0% compound annual growth rate (CAGR), from $303.34M to $380.26M.
- What does southern california — noi mean?
- The profit generated by properties in Southern California after deducting operating expenses but before interest and taxes.