AvalonBay Communities (AVB) Revenue & Revenue Breakdown
AvalonBay Communities Revenue Highlights
Latest Revenue (Y)
$2.77B
Latest Revenue (Q)
$726.04M
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 |
|---|---|---|
| 2024-06-30 | $726.04M | 3.52% |
| 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 $726.04M in revenue during Q2 2024, up 3.52% compared to the previous quarter, and up 107.61% 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 |
|---|---|---|---|---|---|
| Same Store | $2.54B | $492.09M | $451.88M | - | - |
| Development Redevelopment | $61.55M | $91.03M | $98.38M | $84.00M | $163.47M |
| 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Established Communities | $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 | $101.29M | - | - | - |
| Other Stabilized Communities | $25.07M | $101.56M | $33.24M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Development Redevelopment | $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 | $40.06M |
AvalonBay Communities's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Established Communities (95.34%), Other Stabilized Communities (3.53%), and Development Redevelopment (1.13%).
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 | Mar 24 | Mar 18 |
|---|---|---|
| Established Communities | $149.42M | - |
| Southern California | - | $82.94M |
| Pacific Northwest | - | $21.24M |
| Northern California | - | $92.20M |
| Mid Atlantic | - | $59.16M |
| New England | - | $57.91M |
AvalonBay Communities's latest quarterly revenue breakdown by geography, as of Mar 24: Established Communities (100.00%).
AvalonBay Communities Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EQR | Equity Residential | $2.87B | $741.82M |
| AVB | AvalonBay Communities | $2.77B | $726.04M |
| CPT | Camden Property Trust | $2.59B | $596.42M |
| MAA | Mid-America Apartment Communities | $2.15B | $546.43M |
| ESS | Essex Property Trust | $1.67B | $442.36M |
| UDR | UDR | $1.63B | $415.32M |
| NXRT | NexPoint Residential Trust | $277.53M | $64.20M |
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 Q2 2024 was $726.04M, a 3.52% increase from the previous quarter (Q1 2024), and a 5.09% increase year-over-year (Q2 2023). The company'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). AVB's quarterly revenue for Q4 2023 was $704.7M, a 1.01% increase from the previous quarter (Q3 2023), and a 5.23% increase year-over-year (Q4 2022).
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 Same Store, Development Redevelopment, and Other Stabilized Communities. Same Store generated $2.54B in revenue, accounting 92.83% of the company's total revenue, up 416.70% year-over-year. Development Redevelopment generated $61.55M in revenue, accounting 2.25% of the company's total revenue, down -32.38% 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.