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AvalonBay Communities AVB Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

UDR logo
UDRUDR
$185.65M+0.3%
American Homes 4 Rent logo
American Homes 4 RentAMH
Invitation Homes logo
Invitation HomesINVH

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$27.11B-4.2%
P/E26.3×+1.9×
P/S8.8×-0.7×

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 us-gaap:OperatingLeaseRightOfUseAsset.

The official record: AvalonBay Communities’s 10-Q, filed November 3, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is AvalonBay Communities's operating lease ROU assets?
AvalonBay Communities (AVB) reported operating lease ROU assets of $107.14M in Q3 2023.
How has AvalonBay Communities's operating lease ROU assets changed year-over-year?
AvalonBay Communities's operating lease ROU assets decreased by 8.6% year-over-year, from $117.18M to $107.14M.
What is the long-term trend for AvalonBay Communities's operating lease ROU assets?
Over 2 years (2020 to 2022), AvalonBay Communities's operating lease ROU assets has grown at a -7.2% compound annual growth rate (CAGR), from $133.58M to $114.98M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.