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AvalonBay Communities AVB Casualty and impairment loss

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Other financials

Income statement

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Revenue$777.8M+2.3%
Operating income$509.4M+5.5%
Net income$155.7M-42.0%
EPS (diluted)$1.11-41.0%

Balance sheet

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Cash & equivalents$80.7M-72.7%
Total debt$9.1B-4.4%
Total equity$11.5B-3.6%
Total assets$22.3B+2.1%

Cash flow

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Operating cash flow$418.9M+0.7%
CapEx$59.5M+22.9%
Free cash flow$359.5M-2.2%

Valuation

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Market cap$26.64B-0.4%
P/E25.8×+2.7×
P/S8.6×-0.3×

Profitability

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Operating margin67%+0.9pp
Net margin33.5%-5.4pp
FCF margin45.7%-2.0pp

Returns & leverage

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Return on equity9.8%+0.1pp
Debt / equity0.9×+0.2×

Where this comes from

Reported directly by AvalonBay Communities in its filing.

Tagged under the XBRL concept avb:CasualtyGainAndImpairmentLossNetOperatingActivities.

The source filing: AvalonBay Communities’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 12:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000915912-26-000012
Line itemFor the three months ended March 31, 2026For the three months ended March 31, 2025
Amortization of deferred financing costs and debt discount3,6343,233
Amortization of stock-based compensation5,6995,662
Equity in loss of, and return on, unconsolidated investments and noncontrolling interests, net of eliminations9,8513,093
Casualty and impairment loss2,007
Expensed transaction, development and other pursuit costs, net of recoveries3,4164,744
Cash flow hedge gains reclassified to earnings(388)(273)
Gain on sale of real estate assets(179,996)(56,660)
Increase in accrued interest receivable(7,186)(5,806)

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is AvalonBay Communities's casualty and impairment loss?
AvalonBay Communities (AVB) reported casualty and impairment loss of $2.01M in Q1 2026.
What does casualty and impairment loss mean?
This represents non-recurring charges related to asset damage, insurance recoveries, or the write-down of asset values due to impairment. It isolates non-operational, one-time events that impact the carrying value of real estate assets.

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