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AvalonBay Communities AVB Construction in progress

Construction in progress at other companies

UDR logo
UDRUDR
$91.74M+174%
FRP Holdings logo
FRP HoldingsFRPH
$57.35M+65.8%
Equity Residential logo
Equity ResidentialEQR
$85.97M-40.6%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$369.88M-23.8%
JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$186.58M-43.0%
Camden Property Trust logo
Camden Property TrustCPT

Other financials

Income statement

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Revenue$770.3M+3.3%
Operating income$509.4M+5.5%
Net income$325.7M+37.7%
EPS (diluted)$2.33+40.4%

Balance sheet

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Cash & equivalents$291.1M+32.9%
Total debt$10.3B+18.3%
Total equity$11.5B-3.6%
Total assets$22.1B+4.3%

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$71.34B+147%
Enterprise value$81.35B+114%
P/E62.3×+37.4×
P/S23.3×+13.6×

Profitability

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Operating margin67%+0.9pp
Net margin37.4%-1.5pp
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:ConstructionInProgressGross.

The official record: AvalonBay Communities’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AvalonBay Communities's construction in progress?
AvalonBay Communities (AVB) reported construction in progress of $1.58B in Q1 2026.
How has AvalonBay Communities's construction in progress changed year-over-year?
AvalonBay Communities's construction in progress increased by 31.5% year-over-year, from $1.2B to $1.58B.
What is the long-term trend for AvalonBay Communities's construction in progress?
Over 5 years (2020 to 2025), AvalonBay Communities's construction in progress has grown at a 8.1% compound annual growth rate (CAGR), from $989.77M to $1.46B.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.