Last quarter (Q4 2023), AvalonBay's total revenue was $704.71M, an increase of 5.23% from the same quarter last year. In Q4, AvalonBay's net income was $242.24M. See AvalonBay’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 2.77B	$ 2.77B	$ 2.59B	$ 2.29B	$ 2.30B	$ 2.32B
Cost of Revenue	$ 681.34M	$ 681.34M	$ 630.15M	$ 570.85M	$ 823.10M	$ 768.11M
Gross Profit	$ 2.09B	$ 2.09B	$ 1.96B	$ 1.72B	$ 1.48B	$ 1.56B
Operating Expense	$ 1.20B	$ 1.20B	$ 1.18B	$ 1.11B	$ 767.67M	$ 719.62M
Operating Income	$ 886.28M	$ 886.28M	$ 1.34B	$ 612.70M	$ 710.49M	$ 836.90M
Net Non Operating Interest Income Expense	$ -205.99M	$ -205.99M	$ -230.07M	$ -220.41M	$ -214.15M	$ -203.59M
Other Income Expense	$ 29.12M	$ 29.12M	$ -40.31M	$ -618.78M	$ 328.13M	$ 165.79M
Pretax Income	$ 938.59M	$ 938.59M	$ 1.15B	$ 1.01B	$ 824.46M	$ 799.11M
Tax Provision	$ 10.15M	$ 10.15M	$ 14.65M	$ 5.73M	$ -3.25M	$ 13.00M
Earnings From Equity Interest Net Of Tax	$ 13.44M	$ 13.45M	$ 53.39M	$ 38.59M	-	-
Net Income Common Stockholders	$ 929.09M	$ 928.83M	$ 1.14B	$ 1.00B	$ 825.67M	$ 783.91M
Basic EPS	$ 6.56	$ 6.56	$ 8.13	$ 7.19	$ 5.89	$ 5.64
Diluted EPS	$ 6.56	$ 6.56	$ 8.12	$ 7.19	$ 5.89	$ 5.63
Basic Average Shares	$ 565.23M	$ 141.31M	$ 139.63M	$ 139.68M	$ 140.09M	$ 139.05M
Diluted Average Shares	$ 566.58M	$ 141.64M	$ 139.98M	$ 139.68M	$ 140.44M	$ 139.57M
Dividend Per Share	$ 6.60	$ 6.60	$ 6.36	-	$ 6.36	$ 6.08
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 1.88B	$ 1.88B	$ 1.81B	$ 1.68B	$ 1.59B	$ 1.49B
Net Income From Continuing And Discontinued Operation	$ 929.47M	$ 928.83M	$ 1.14B	$ 1.00B	$ 827.63M	$ 785.97M
Normalized Income	$ 509.46M	-	-	-	$ 583.74M	$ 626.48M
Interest Expense	-	-	-	-	$ 214.15M	$ 203.59M
EBIT	$ 1.14B	$ 1.14B	$ 1.38B	$ 1.23B	$ 1.04B	$ 1.00B
EBITDA	$ 1.55B	$ 1.97B	$ 2.21B	$ 2.00B	$ 1.75B	$ 1.66B

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