Discontinued — last reported Q3 '25
Non-Current Assets
Operating Lease ROU Assets
AvalonBay Communities Operating Lease ROU Assets decreased by 0.6% to $107.14M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from $117.18M to $107.14M. Over 2 years (FY 2020 to FY 2022), Operating Lease ROU Assets shows a downward trend with a -7.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2025
How to read this metric
An increase suggests expansion of leased facilities or equipment, while a decrease may indicate lease expirations or a shift toward ownership.
Detailed definition
This represents the capitalized value of the right to use leased assets, such as office space or equipment, over the lea...
Peer comparison
Standard across all public companies under ASC 842 or IFRS 16 reporting.
Metric ID:
operating_lease_rou_assetsHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $129.06M | $126.70M | $118.37M | $120.00M | $118.65M | $117.18M | $114.98M | $109.98M | $107.77M | $107.14M |
| QoQ Change | — | -1.8% | -6.6% | +1.4% | -1.1% | -1.2% | -1.9% | -4.3% | -2.0% | -0.6% |
| YoY Change | — | — | — | — | -8.1% | -7.5% | -2.9% | -8.4% | -9.2% | -8.6% |
Range$107.14M – $129.06M
CAGR-7.9%
Avg YoY Growth-7.4%
Median YoY Growth-8.2%
Current Streak6 quarters decline
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- 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?
- The balance sheet value of the company's right to use leased property and equipment.