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AvalonBay Communities AVB Shares (Diluted)

Discontinued — last reported Q4 '25

Shares (Diluted) at other companies

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UDRUDR
323.3M-2.5%
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88.1M+0.2%
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16.8M+0.3%
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FRP HoldingsFRPH
19M+0.1%
Equity Residential logo
Equity ResidentialEQR
383.9M-1.9%
Camden Property Trust logo
Camden Property TrustCPT
104.9M-3.4%

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$26.96B+2.9%
P/E26.1×+3.5×
P/S8.7×0.0×

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Line itemFor the year ended December 31, 2025For the year ended December 31, 2024For the year ended December 31, 2023
Basic and diluted shares outstanding
Weighted average common shares—basic141,739,349142,000,934141,307,186
Effect of dilutive securities1,087,033457,670336,602
Weighted average common shares—diluted142,826,382142,458,604141,643,788
Calculation of Earnings per Common Share—basic
Net income attributable to common stockholders$1,051,301$1,081,994$928,825
Net income allocated to unvested restricted shares(1,974)(2,069)(1,663)
Net income attributable to common stockholders—basic$1,049,327$1,079,925$927,162

ITEM 16. FORM 10-K SUMMARY

FAQ

What is AvalonBay Communities's shares (diluted)?
AvalonBay Communities (AVB) reported shares (diluted) of 142.8M in Q4 2025.
How has AvalonBay Communities's shares (diluted) changed year-over-year?
AvalonBay Communities's shares (diluted) increased by 0.3% year-over-year, from 142.5M to 142.8M.
What is the long-term trend for AvalonBay Communities's shares (diluted)?
Over 4 years (2021 to 2025), AvalonBay Communities's shares (diluted) has grown at a 0.6% compound annual growth rate (CAGR), from 558.7M to 572.1M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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