AvalonBay Communities, Inc.
As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one co…
REIT - Residential
US, Arlington [HQ]
AVB/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 851.00 | 895.00 | 968.00 | 1,038.00 | 1,462.00 | 1,685.00 | 1,856.00 | 2,045.00 | 2,158.00 | 2,284.00 | 2,324.00 | 2,301.00 | 2,294.00 | 2,593.00 | 2,824.00 | |
|
EPS
|
1.94 | 2.08 | 4.89 | 4.34 | 2.78 | 5.22 | 5.54 | 7.53 | 6.36 | 7.05 | 5.64 | 5.89 | 7.19 | 8.13 | 6.56 | |
| Diluted in mil. | 1.93 | 2.07 | 4.87 | 4.32 | 2.78 | 5.21 | 5.51 | 7.52 | 6.35 | 7.05 | 5.63 | 5.88 | 7.17 | 8.11 | 6.55 | |
|
Profit
|
515.00 | 531.00 | 615.00 | 676.00 | 955.00 | 1,100.00 | 1,218.00 | 1,366.00 | 1,439.00 | 1,521.00 | 1,556.00 | 1,478.00 | 1,440.00 | 1,674.00 | 1,019.00 | |
| Gross Margin | 60.56 | 59.42 | 63.53 | 65.13 | 65.34 | 65.29 | 65.63 | 66.83 | 66.67 | 66.61 | 66.96 | 64.23 | 62.79 | 64.56 | 36.09 | |
| Pre Tax | 200.00 | 98.00 | 165.00 | 264.00 | 57.00 | 668.00 | 743.00 | 1,034.00 | 876.00 | 974.00 | 799.00 | 824.00 | 1,010.00 | 1,151.00 | 938.00 | |
| Profit Margin | 23.58 | 10.95 | 17.13 | 25.49 | 3.95 | 39.67 | 40.06 | 50.56 | 40.61 | 42.64 | 34.38 | 35.83 | 44.02 | 44.38 | 33.23 | |
| ETR | 56.43 | 99.88 | -63.41 | -2.78 | -238.74 | 1.40 | 0.25 | 0.03 | 0.02 | -0.02 | 1.63 | -0.39 | 0.57 | 1.27 | 1.08 | |
| Net | 155.00 | 175.00 | 441.00 | 423.00 | 353.00 | 683.00 | 742.00 | 1,034.00 | 876.00 | 974.00 | 785.00 | 827.00 | 1,004.00 | 1,136.00 | 928.00 | |
| Profit Margin | 18.28 | 19.58 | 45.59 | 40.81 | 24.14 | 40.57 | 39.98 | 50.56 | 40.62 | 42.66 | 33.81 | 35.96 | 43.76 | 43.83 | 32.89 | |
| EBITDA | 519.00 | 505.00 | 580.00 | 657.00 | 901.00 | 1,207.00 | 1,245.00 | 1,385.00 | 1,459.00 | 1,480.00 | 1,507.00 | 1,424.00 | 1,409.00 | 1,637.00 | 1,701.00 | |
| EBITDA Margin | 61.00 | 56.46 | 59.90 | 63.27 | 61.60 | 71.66 | 67.12 | 67.77 | 67.60 | 64.82 | 64.83 | 61.89 | 61.44 | 63.12 | 60.26 | |
| Operating Income | 241.00 | 272.00 | 331.00 | 368.00 | 352.00 | 611.00 | 693.00 | 784.00 | 798.00 | 826.00 | 845.00 | 716.00 | 651.00 | 822.00 | 884.00 | |
| Operating Margin | 28.37 | 30.44 | 34.20 | 35.52 | 24.07 | 36.30 | 37.36 | 38.37 | 36.99 | 36.17 | 36.37 | 31.15 | 28.38 | 31.70 | 31.33 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 203.00 | 214.00 | 220.00 | 230.00 | - - | |
| Loss | -584.00 | -622.00 | -637.00 | -652.00 | -1,106.00 | -1,068.00 | -1,158.00 | -1,255.00 | -1,354.00 | -1,450.00 | -1,487.00 | -1,590.00 | -1,682.00 | -1,824.00 | -1,939.00 | |
| Cost of Revenue | -335.00 | -363.00 | -353.00 | -362.00 | -507.00 | -584.00 | -637.00 | -678.00 | -719.00 | -762.00 | -768.00 | -823.00 | -853.00 | -919.00 | -1,805.00 | |
|
Operating Expenses
|
-248.00 | -259.00 | -284.00 | -290.00 | -599.00 | -484.00 | -520.00 | -577.00 | -634.00 | -687.00 | -719.00 | -767.00 | -828.00 | -905.00 | -134.00 | |
| R&D | -5.00 | - - | -2.00 | - - | - - | - - | - - | - - | - - | - - | - - | -12.00 | -3.00 | -16.00 | - - | |
| G&A | -28.00 | -26.00 | -29.00 | -34.00 | -39.00 | -41.00 | -42.00 | -45.00 | -50.00 | -56.00 | -58.00 | -60.00 | -69.00 | -74.00 | -76.00 | |
| SG&A | -32.00 | -26.00 | -34.00 | -34.00 | -39.00 | -41.00 | -42.00 | -45.00 | -50.00 | -56.00 | -58.00 | -60.00 | -69.00 | -74.00 | -76.00 | |
| S&M | -3.00 | - - | -5.00 | - - | - - | - - | - - | - - | - - | - - | -3.00 | - - | - - | - - | - - | |
| Depreciation and Amortization | -218.00 | -232.00 | -250.00 | -256.00 | -560.00 | -442.00 | -477.00 | -531.00 | -584.00 | -631.00 | -661.00 | -707.00 | -758.00 | -814.00 | -816.00 | |
| Interest Expenses | -150.00 | -175.00 | -168.00 | -136.00 | -172.00 | -180.00 | -175.00 | -187.00 | -199.00 | -220.00 | -203.00 | -214.00 | -220.00 | -230.00 | -204.00 | |
| Other Expenses | -40.00 | - - | -2.00 | -15.00 | -125.00 | -233.00 | -221.00 | -431.00 | -272.00 | -360.00 | -46.00 | -107.00 | -358.00 | -328.00 | -53.00 | |
|
WA Shares Outstanding
|
79.00 | 83.00 | 89.00 | 97.00 | 126.00 | 130.00 | 133.00 | 137.00 | 137.00 | 138.00 | 139.00 | 140.00 | 139.00 | 139.00 | 141.00 | |
| Diluted | 80.00 | 84.00 | 90.00 | 98.00 | 127.00 | 131.00 | 134.00 | 137.00 | 138.00 | 138.00 | 139.00 | 140.00 | 139.00 | 139.00 | 141.00 |