Last quarter (Q3 2023), AvalonBay's total revenue was $697.63M, an increase of 4.86% from the same quarter last year. In Q3, AvalonBay's net income was $172.03M. See AvalonBay’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 2.73B	$ 2.59B	$ 2.29B	$ 2.30B	$ 2.32B	$ 2.28B
Cost of Revenue	$ 739.01M	$ 630.15M	$ 570.85M	$ 823.10M	$ 768.11M	$ 766.56M
Gross Profit	$ 1.99B	$ 1.96B	$ 1.72B	$ 1.48B	$ 1.56B	$ 1.52B
Operating Expense	$ 1.14B	$ 1.18B	$ 1.11B	$ 767.67M	$ 719.62M	$ 691.57M
Operating Income	$ 856.63M	$ 1.34B	$ 612.70M	$ 710.49M	$ 836.90M	$ 826.41M
Net Non Operating Interest Income Expense	$ -213.98M	$ -230.07M	$ -220.41M	$ -214.15M	$ -203.59M	$ -220.97M
Other Income Expense	$ 128.79M	$ -40.31M	$ -618.78M	$ 328.13M	$ 165.79M	$ 368.57M
Pretax Income	$ 941.93M	$ 1.15B	$ 1.01B	$ 824.46M	$ 799.11M	$ 974.01M
Tax Provision	$ 14.40M	$ 14.65M	$ 5.73M	$ -3.25M	$ 13.00M	$ -160.00K
Earnings From Equity Interest Net Of Tax	$ 11.73M	$ 53.39M	$ 38.59M	-	-	-
Net Income Common Stockholders	$ 926.06M	$ 1.14B	$ 1.00B	$ 825.67M	$ 783.91M	$ 971.69M
Basic EPS	$ 6.57	$ 8.13	$ 7.19	$ 5.89	$ 5.64	$ 7.05
Diluted EPS	$ 6.57	$ 8.12	$ 7.19	$ 5.89	$ 5.63	$ 7.05
Basic Average Shares	$ 563.09M	$ 139.63M	$ 139.68M	$ 140.09M	$ 139.05M	$ 137.84M
Diluted Average Shares	$ 564.35M	$ 139.98M	$ 139.68M	$ 140.44M	$ 139.57M	$ 138.29M
Dividend Per Share	$ 6.54	$ 6.36	-	$ 6.36	$ 6.08	$ 5.88
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 1.88B	$ 1.81B	$ 1.68B	$ 1.59B	$ 1.49B	$ 1.46B
Net Income From Continuing And Discontinued Operation	$ 928.15M	$ 1.14B	$ 1.00B	$ 827.63M	$ 785.97M	$ 974.52M
Normalized Income	$ 660.62M	-	-	$ 583.74M	$ 626.48M	$ 714.23M
Interest Expense	$ 57.46M	-	-	$ 214.15M	$ 203.59M	$ 220.97M
EBIT	$ 1.16B	$ 1.38B	$ 1.23B	$ 1.04B	$ 1.00B	$ 1.19B
EBITDA	$ 1.55B	$ 2.21B	$ 2.00B	$ 1.75B	$ 1.66B	$ 1.83B

Currency in USD

AvalonBay Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing