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AvalonBay Communities AVB Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Operating margin67%+0.9pp66.1%+1.1pp65%-0.8pp65.8%+1.9pp
Net margin34.7%-2.4pp37.1%+3.6pp33.6%-10.3pp43.8%+0.1pp
EBITDA margin97%+1.9pp95.2%+0.6pp94.5%-2.7pp97.3%-0.2pp
Free cash flow margin46.3%-2.2pp48.5%-1.4pp49.9%+1.3pp48.6%+2.4pp
Returns
Return on equity9%-0.1pp9.1%+1.1pp8.1%-2.2pp10.2%+1.0pp
Return on assets4.9%-0.3pp5.2%+0.7pp4.5%-1.1pp5.6%+0.5pp
Return on invested capital9.8%0.0pp9.8%+0.5pp9.3%+0.3pp8.9%+1.0pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.9×+0.2×0.7×0.0×0.7×-0.1×0.8×0.0×
Debt-to-assets0.5×+0.1×0.4×0.0×0.4×0.0×0.4×0.0×
Net debt / EBITDA3.3×+0.5×2.9×0.0×2.9×-0.2×3.1×-0.4×
Interest coverage7.9×-0.6×8.5×-0.2×8.7×+1.3×7.4×+0.7×
Per Share
Book value per share$81.30-3.0%$83.82+0.8%$83.19+3.5%$80.40+2.7%
Valuation
Market capitalization$25.67B-17.9%$31.29B+17.7%$26.59B+17.7%$22.6B-36.0%
Enterprise value$35.55B-9.5%$39.27B+14.9%$34.19B+12.7%$30.34B-29.6%
Price / earnings24.3×-4.6×28.9×+0.3×28.6×+8.7×19.9×-15.3×
Price / sales8.4×-2.3×10.7×+1.1×9.6×+0.9×8.7×-6.7×
Price / book2.2×-0.4×2.6×+0.4×2.3×+0.2×-1.2×
EV / EBITDA12×-2.1×14.2×+1.1×13.1×+1.0×12×-7.2×
EV / sales11.7×-1.8×13.5×+1.1×12.4×+0.7×11.7×-7.1×
Free cash flow yield5.5%+1.0pp4.5%-0.7pp5.2%-0.4pp5.6%+2.6pp
Earnings yield4.1%+0.7pp3.5%0.0pp3.5%-1.5pp5%+2.2pp
Dividend yield3.9%+0.8pp3.1%-0.4pp3.5%-0.5pp3.9%+1.4pp

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Questions, answered.

Where do AvalonBay Communities's ratios come from?
Every ratio is computed from AvalonBay Communities's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.