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AvalonBay Communities AVB Impairment of investment in unconsolidated entities

Impairment of investment in unconsolidated entities at other companies

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Modiv IndustrialMDV
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Healthcare Realty TrustHR
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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$27.08B+1.2%
P/E26.2×+3.2×
P/S8.8×-0.2×

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:InvestmentImpairmentLoss.

The source filing: AvalonBay Communities’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 10:32 AM EST
Fiscal year
FY2025
Accession
0000915912-26-000004

The Company evaluates its unconsolidated investments for other than temporary impairment, considering both whether the carrying value of the investment exceeds the fair value, and the Company’s intent and ability to hold the investment to recover its carrying value. The Company also evaluates its proportionate share of any impairment of assets held by unconsolidated investments. The Company did not recognize any other than temporary impairment losses during the years ended December 31, 2025, 2024 or 2023.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is AvalonBay Communities's impairment of investment in unconsolidated entities?
AvalonBay Communities (AVB) reported impairment of investment in unconsolidated entities of $0 in Q4 2025.
What does impairment of investment in unconsolidated entities mean?
Losses recognized on investments in unconsolidated entities, such as joint ventures or partnerships, when the investment's value is deemed to have suffered an other-than-temporary decline. This highlights risks associated with off-balance-sheet or collaborative investment structures.

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