AvalonBay Communities (AVB) Revenue & Revenue Breakdown

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AvalonBay Communities Revenue Highlights

Latest Revenue (Y)

$2.77B

Latest Revenue (Q)

$734.31M

Main Segment (Y)

Same Store

Main Geography (Y)

Same Store

AvalonBay Communities Revenue by Period

AvalonBay Communities Revenue by Year

Date	Revenue	Change
2023-12-31	$2.77B	6.73%
2022-12-31	$2.59B	13.01%
2021-12-31	$2.29B	-0.28%
2020-12-31	$2.30B	-1.01%
2019-12-31	$2.32B	1.75%
2018-12-31	$2.28B	5.83%
2017-12-31	$2.16B	5.54%
2016-12-31	$2.05B	10.20%
2015-12-31	$1.86B	10.15%
2014-12-31	$1.69B	15.18%
2013-12-31	$1.46B	40.85%
2012-12-31	$1.04B	7.22%
2011-12-31	$968.71M	8.20%
2010-12-31	$895.27M	5.13%
2009-12-31	$851.58M	-0.31%
2008-12-31	$854.21M	5.10%
2007-12-31	$812.74M	10.23%
2006-12-31	$737.30M	9.93%
2005-12-31	$670.68M	3.43%
2004-12-31	$648.45M	6.36%
2003-12-31	$609.65M	-4.59%
2002-12-31	$638.97M	-0.42%
2001-12-31	$641.66M	11.90%
2000-12-31	$573.39M	13.65%
1999-12-31	$504.54M	42.98%
1998-12-31	$352.88M	179.99%
1997-12-31	$126.03M	52.60%
1996-12-31	$82.59M	47.75%
1995-12-31	$55.90M	74.69%
1994-12-31	$32.00M	-

AvalonBay Communities generated $2.77B in revenue during NA 2023, up 6.73% compared to the previous quarter, and up 121.16% compared to the same period a year ago.

AvalonBay Communities Revenue by Quarter

Date	Revenue	Change
2024-09-30	$734.31M	2.87%
2024-06-30	$713.81M	1.77%
2024-03-31	$701.38M	-0.47%
2023-12-31	$704.71M	1.01%
2023-09-30	$697.63M	0.98%
2023-06-30	$690.86M	2.39%
2023-03-31	$674.71M	0.75%
2022-12-31	$669.67M	0.66%
2022-09-30	$665.29M	3.22%
2022-06-30	$644.56M	4.99%
2022-03-31	$613.93M	2.12%
2021-12-31	$601.20M	3.52%
2021-09-30	$580.77M	3.39%
2021-06-30	$561.74M	1.92%
2021-03-31	$551.13M	-0.84%
2020-12-31	$555.80M	-2.04%
2020-09-30	$567.40M	-1.56%
2020-06-30	$576.40M	-4.20%
2020-03-31	$601.65M	1.36%
2019-12-31	$593.57M	1.01%
2019-09-30	$587.61M	1.79%
2019-06-30	$577.26M	1.96%
2019-03-31	$566.18M	-2.13%
2018-12-31	$578.52M	0.44%
2018-09-30	$575.98M	1.18%
2018-06-30	$569.24M	1.51%
2018-03-31	$560.79M	0.99%
2017-12-31	$555.29M	0.87%
2017-09-30	$550.50M	3.77%
2017-06-30	$530.51M	1.57%
2017-03-31	$522.33M	0.79%
2016-12-31	$518.24M	0.39%
2016-09-30	$516.21M	2.77%
2016-06-30	$502.31M	-1.22%
2016-03-31	$508.50M	5.75%
2015-12-31	$480.84M	1.15%
2015-09-30	$475.36M	3.91%
2015-06-30	$457.46M	3.41%
2015-03-31	$442.37M	0.39%
2014-12-31	$440.65M	2.35%
2014-09-30	$430.52M	4.04%
2014-06-30	$413.81M	3.43%
2014-03-31	$400.07M	4.61%
2013-12-31	$382.45M	-2.72%
2013-09-30	$393.13M	1.00%
2013-06-30	$389.23M	24.70%
2013-03-31	$312.13M	21.27%
2012-12-31	$257.38M	-5.34%
2012-09-30	$271.90M	5.06%
2012-06-30	$258.81M	2.52%
2012-03-31	$252.45M	4.71%
2011-12-31	$241.09M	-3.98%
2011-09-30	$251.08M	2.54%
2011-06-30	$244.86M	3.84%
2011-03-31	$235.81M	1.69%
2010-12-31	$231.89M	2.81%
2010-09-30	$225.56M	2.31%
2010-06-30	$220.47M	2.26%
2010-03-31	$215.59M	11.28%
2009-12-31	$193.74M	-12.75%
2009-09-30	$222.05M	-0.04%
2009-06-30	$222.14M	1.21%
2009-03-31	$219.48M	-0.39%
2008-12-31	$220.35M	0.85%
2008-09-30	$218.49M	1.99%
2008-06-30	$214.22M	-

AvalonBay Communities generated $734.31M in revenue during Q3 2024, up 2.87% compared to the previous quarter, and up 106.29% compared to the same period a year ago.

AvalonBay Communities Revenue Breakdown

AvalonBay Communities Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Development Redevelopment	$61.55M	$91.03M	$98.38M	$84.00M	$163.47M
Same Store	$2.54B	$492.09M	$451.88M	-	-
Other Stabilized Communities	$134.80M	-	-	-	-
Established Communities	-	-	-	$432.44M	$406.05M

AvalonBay Communities's latest annual revenue breakdown by segment (product or service), as of Dec 23: Same Store (92.83%), Other Stabilized Communities (4.92%), and Development Redevelopment (2.25%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Other Stabilized Communities	$31.65M	$25.07M	$101.56M	$33.24M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Established Communities	$677.58M	$677.25M	$642.09M	$137.44M	$133.10M	$123.42M	$129.33M	$121.04M	$116.22M	$108.71M	$107.09M	$104.58M	$105.96M	$107.09M	$114.81M	$102.48M	$101.75M	-	-	-
Development Redevelopment	$20.11M	$8.06M	$20.71M	$17.31M	$13.03M	$10.50M	$27.54M	$24.90M	$21.07M	$17.52M	$32.84M	$28.54M	$23.08M	$15.70M	$25.60M	$21.30M	$16.69M	$15.77M	$41.38M	$46.45M

AvalonBay Communities's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Established Communities (92.90%), Other Stabilized Communities (4.34%), and Development Redevelopment (2.76%).

AvalonBay Communities Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23
Same Store	$551.74M

AvalonBay Communities's latest annual revenue breakdown by geography, as of Dec 23: Same Store (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Mar 18
Established Communities	$149.49M	$149.42M	-
New England	-	-	$57.91M
Southern California	-	-	$82.94M
Mid Atlantic	-	-	$59.16M
Northern California	-	-	$92.20M
Pacific Northwest	-	-	$21.24M

AvalonBay Communities's latest quarterly revenue breakdown by geography, as of Sep 24: Established Communities (100.00%).

AvalonBay Communities Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EQR	Equity Residential	$2.87B	$1.33M
AVB	AvalonBay Communities	$2.77B	$734.31M
CPT	Camden Property Trust	$2.59B	$604.17M
MAA	Mid-America Apartment Communities	$2.15B	$551.13M
ESS	Essex Property Trust	$1.67B	$450.70M
UDR	UDR	$1.63B	$420.16M
NXRT	NexPoint Residential Trust	$277.53M	$64.09M

AVB Revenue FAQ

What is AvalonBay Communities’s yearly revenue?

AvalonBay Communities's yearly revenue for 2023 was $2.77B, representing an increase of 6.73% compared to 2022. The company's yearly revenue for 2022 was $2.59B, representing an increase of 13.01% compared to 2021. AVB's yearly revenue for 2021 was $2.29B, representing a decrease of -0.28% compared to 2020.

What is AvalonBay Communities’s quarterly revenue?

AvalonBay Communities's quarterly revenue for Q3 2024 was $734.31M, a 2.87% increase from the previous quarter (Q2 2024), and a 5.26% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $713.81M, a 1.77% increase from the previous quarter (Q1 2024), and a 3.32% increase year-over-year (Q2 2023). AVB's quarterly revenue for Q1 2024 was $701.38M, a -0.47% decrease from the previous quarter (Q4 2023), and a 3.95% increase year-over-year (Q1 2023).

What is AvalonBay Communities’s revenue growth rate?

AvalonBay Communities's revenue growth rate for the last 3 years (2021-2023) was 20.61%, and for the last 5 years (2019-2023) was 19.07%.

What are AvalonBay Communities’s revenue streams?

AvalonBay Communities's revenue streams in c 23 are Development Redevelopment, Same Store, and Other Stabilized Communities. Development Redevelopment generated $61.55M in revenue, accounting 2.25% of the company's total revenue, down -32.38% year-over-year. Same Store generated $2.54B in revenue, accounting 92.83% of the company's total revenue, up 416.70% year-over-year. Other Stabilized Communities generated $134.8M in revenue, accounting 4.92% of the company's total revenue

What is AvalonBay Communities’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of AvalonBay Communities was Same Store. This segment made a revenue of $2.54B, representing 92.83% of the company's total revenue.