AvalonBay Communities, Inc. (AVB) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 770.28M | 767.86M | 764.93M | 760.2M | 745.88M | 740.55M | 734.31M | 726.04M | 712.86M | 704.71M | 697.63M | 690.86M |
| Revenue Growth % | 3.27% | 3.69% | 4.17% | 4.7% | 4.63% | 5.09% | 5.26% | 5.09% | 5.65% | 5.23% | 4.86% | 7.18% |
| Property Operating Expenses | 248.59M | 243.92M | 213.23M | 276.97M | 268.86M | 281.65M | 275.46M | 260.65M | 255.7M | 250.38M | 253.59M | 244.84M |
| Net Operating Income (NOI) | 521.68M | 523.94M | 551.7M | 483.22M | 477.02M | 458.9M | 458.85M | 465.39M | 457.16M | 454.33M | 444.05M | 446.02M |
| NOI Margin % | 67.73% | 68.23% | 72.12% | 63.57% | 63.95% | 61.97% | 62.49% | 64.1% | 64.13% | 64.47% | 63.65% | 64.56% |
| Operating Expenses | 303.15M | 295.83M | 333.79M | 254.73M | 237.67M | 233.23M | 232.21M | 226.51M | 232.6M | 228.69M | 221.45M | 218.22M |
| G&A Expenses | 22.08M | 21.87M | 22.03M | 23M | 19.78M | 17.69M | 20.09M | 19.59M | 20.33M | 17.99M | 20.47M | 17.68M |
| EBITDA | 451.64M | 461.49M | 448.28M | 460.23M | 457.24M | 441.21M | 438.76M | 445.8M | 436.83M | 436.33M | 423.58M | 428.35M |
| EBITDA Margin % | 58.63% | 60.1% | 58.6% | 60.54% | 61.3% | 59.58% | 59.75% | 61.4% | 61.28% | 61.92% | 60.72% | 62% |
| Depreciation & Amortization | 233.1M | 233.39M | 230.37M | 231.73M | 217.89M | 215.54M | 212.12M | 206.92M | 212.27M | 210.69M | 200.98M | 200.55M |
| D&A / Revenue % | 30.26% | 30.39% | 30.12% | 30.48% | 29.21% | 29.11% | 28.89% | 28.5% | 29.78% | 29.9% | 28.81% | 29.03% |
| Operating Income | 218.53M | 228.1M | 217.91M | 228.5M | 239.35M | 225.67M | 226.64M | 238.88M | 224.56M | 225.64M | 222.6M | 227.8M |
| Operating Margin % | 28.37% | 29.71% | 28.49% | 30.06% | 32.09% | 30.47% | 30.86% | 32.9% | 31.5% | 32.02% | 31.91% | 32.97% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.63x | 3.40x | 6.87x | 5.16x | 4.95x | 5.78x | 7.69x | 5.45x | 4.17x | 5.94x | 4.66x | 8.13x |
| Non-Operating Income | 173.47M | -6.69M | -231.47M | -105.63M | -56.99M | -115.14M | -202.43M | -72.14M | -3.74M | -68.33M | -1.68M | -191.37M |
| Pretax Income | 328M | 165.69M | 383.97M | 269.32M | 236.48M | 281.84M | 373.3M | 253.94M | 173.53M | 244.5M | 176.16M | 367.59M |
| Pretax Margin % | 42.58% | 21.58% | 50.2% | 35.43% | 31.7% | 38.06% | 50.84% | 34.98% | 24.34% | 34.7% | 25.25% | 53.21% |
| Income Tax | -294K | -295K | -193K | -531K | -116K | -253K | 782K | -62K | -22K | 2.44M | 4.37M | -217K |
| Effective Tax Rate % | -0.09% | -0.18% | -0.05% | -0.2% | -0.05% | -0.09% | 0.21% | -0.02% | -0.01% | 1% | 2.48% | -0.06% |
| Net Income | 325.73M | 165.99M | 381.31M | 268.67M | 236.6M | 282.09M | 372.52M | 253.93M | 173.45M | 241.97M | 172.03M | 367.92M |
| Net Margin % | 42.29% | 21.62% | 49.85% | 35.34% | 31.72% | 38.09% | 50.73% | 34.98% | 24.33% | 34.34% | 24.66% | 53.26% |
| Net Income Growth % | 37.67% | -41.16% | 2.36% | 5.8% | 36.41% | 16.58% | 116.54% | -30.98% | 18.07% | 0.28% | -65.23% | 165.76% |
| Funds From Operations (FFO) | 558.83M | 399.37M | 611.68M | 500.39M | 454.49M | 497.63M | 584.64M | 460.86M | 385.72M | 452.66M | 373.01M | 568.47M |
| FFO Margin % | 72.55% | 52.01% | 79.97% | 65.82% | 60.93% | 67.2% | 79.62% | 63.48% | 54.11% | 64.23% | 53.47% | 82.28% |
| FFO Growth % | 22.96% | -19.75% | 4.62% | 8.58% | 17.83% | 9.93% | 56.73% | -18.93% | 9.69% | 0.92% | -46.82% | 68.31% |
| FFO per Share | 3.97 | 2.81 | 4.26 | 3.49 | 3.19 | 3.49 | 4.10 | 3.24 | 2.71 | 3.18 | 2.62 | 4.00 |
| FFO Payout Ratio % | 44.61% | 62.46% | 40.91% | 49.75% | 53.62% | 48.59% | 41.33% | 52.41% | 61.45% | 51.73% | 62.78% | 40.61% |
| EPS (Diluted) | 2.31 | 1.17 | 2.68 | 1.88 | 1.66 | 1.98 | 2.61 | 1.78 | 1.22 | 1.70 | 1.21 | 2.58 |
| EPS Growth % | 39.16% | -40.91% | 2.68% | 5.62% | 36.07% | 16.47% | 115.7% | -31.01% | 16.19% | -1.16% | -65.72% | 160.61% |
| EPS (Basic) | 2.33 | 1.17 | 2.68 | 1.89 | 1.66 | 1.98 | 2.62 | 1.78 | 1.22 | 1.70 | 1.21 | 2.59 |
| Diluted Shares Outstanding | 140.81M | 141.99M | 143.54M | 143.29M | 142.49M | 142.71M | 142.52M | 142.39M | 142.22M | 142.23M | 142.2M | 142.12M |