AVB - NYSE
AvalonBay Communities, Inc.
$189.19
+3.2%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 community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the Expansion Markets).
At a Glance
Live SnapshotAvalonBay Communities, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Flat FCF growth. Stable but not expanding—monitor for signs of business maturity or temporary headwinds.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
AvalonBay Communities, Inc. Cash Flow Statement
AVB • NYSE
| AvalonBay Communities, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
1B | 1.1B | 928.4M | 1.1B | 1B | 827.7M | 786.1M | 974.2M | 876.7M | 1B | 741.7M | 697.3M | 366.3M | 427.6M | 441.4M | 174.1M | 154.3M | 411.5M | 358.2M | 278.4M | |
913.4M | 846.9M | 817M | 815M | 758.6M | 707.3M | 661.6M | 631.2M | 584.2M | 531.4M | 477.9M | 442.7M | 560.2M | 256M | 250.3M | 232.9M | 218.3M | 199.5M | 181.7M | 173M | |
0.0 | 0.0 | 0.0 | 0.0 | -607.8M | -330.2M | -152.9M | -354.9M | -260.4M | -424.5M | -184.9M | -243.7M | -171M | -153.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
26.5M | 25.4M | 27.1M | 33.9M | 25.5M | 21.6M | 25.6M | 20.3M | 17.9M | 15.1M | 15.3M | 13.9M | 15.2M | 8.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-324.3M | -353.3M | -230.3M | -573.4M | 12.6M | 18.6M | 11.9M | 10.1M | 2.1M | -9.5M | -17.4M | -27.1M | -22.9M | 1.8M | -258.6M | -58.6M | -5.8M | -205.8M | -144.2M | -124.7M | |
13.7M | 6.8M | 17.8M | 10M | 10M | -25.5M | -10.5M | 20.3M | 35.8M | -2.8M | 24.1M | 3.6M | -23.1M | 205K | -3.6M | -16.4M | 11.8M | -18.3M | 60.1M | 25.2M | |
1.7B | 1.6B | 1.6B | 1.4B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.1B | 1.1B | 886.6M | 724.5M | 540.8M | 429.4M | 332.1M | 378.6M | 386.9M | 455.8M | 351.9M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-264.9M | -198M | -197.3M | -174.7M | -153.2M | -137M | -140.9M | -86.9M | -74M | -72.9M | -55.9M | -52.8M | -26.6M | -26.5M | -688.6M | -462.2M | -586.8M | -902.3M | -1.1B | -832.3M | |
(0.0) | -14.2M | -18.9M | -14.3M | -53.5M | -68K | -10.2M | -11M | (503M) | (532.7M) | (282.2M) | (297.5M) | (16.2M) | (6.6M) | -46.3M | (17.2M) | (0.0) | (0.0) | (0.0) | -74.9M | |
-2B | (0.0) | (0.0) | -1.5B | -1.5B | -880.3M | -1.5B | -1.5B | -1.5B | -1.6B | (0.0) | (0.0) | (0.0) | (0.0) | -1.7M | -73M | (0.0) | (0.0) | -15.1M | (0.0) | |
814.5M | 0.0 | 0.0 | 1.1B | 977.2M | 825.2M | 424.8M | 936.4M | 503M | 532.7M | 0.0 | 0.0 | 0.0 | 0.0 | 14.1M | 42.3M | 77.8M | 133.3M | 0.0 | 0.0 | |
6.3M | -784.7M | -712.8M | 74.8M | 86.8M | 12.7M | 15.8M | -498.7M | -1.4B | -1.5B | -1.4B | -1.1B | -1.2B | -603.4M | 279.3M | 176.8M | 175.5M | 502.8M | 347.6M | 395.9M | |
-1.4B | -996.9M | -929M | -560.4M | -624.1M | -179.4M | -1.2B | -596.7M | -965.4M | -1B | -1.2B | -816.8M | -1.2B | -623.4M | -443.1M | -298.9M | -333.6M | -266.3M | -809.2M | -511.4M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-401.5M | 10.5M | 494.8M | 20M | 31.9M | -180.4M | 409.7M | 52.3M | 111.1M | 15.5M | 690.2M | 346.1M | 4.7M | 2.4B | 1B | 381.4M | 108.9M | -34.7M | 363.1M | 26.6M | |
1.2B | 89M | -397.2M | 205.2M | 526.9M | 262.2M | 252.5M | 80.3M | 254.1M | 450M | 19.5M | 420.1M | -1.4B | 209M | -390.1M | 91.1M | 170.8M | 350.1M | 286.4M | 371.3M | |
-992.3M | -961.9M | -922.7M | -889.6M | -888.3M | -883.2M | -839.6M | -805.2M | -773.1M | -727.2M | -655.7M | -593.6M | -526.4M | -365.9M | -318.4M | -298.3M | -283.8M | -279.2M | -271M | -235M | |
-488.1M | (0.0) | -1.9M | (0.0) | (0.0) | -183.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -142.2M | -257.9M | (0.0) | |
-26.2M | -12.5M | -9.3M | 30.3M | -19.3M | -34.4M | -40.7M | -15.8M | 110.5M | -30.4M | -28.9M | 331.7M | -98.6M | -73.9M | -15.3M | -6.8M | -57K | -11.2M | -12.1M | -580K | |
-192.7M | -874.9M | -834.4M | -671.1M | -348.9M | -854.3M | -218.2M | -688.5M | -418.9M | -291.6M | 33.8M | 158.2M | -2B | 2.2B | 326.2M | 167.6M | -4.3M | -75.1M | 366.4M | 162.3M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
86M | -263.9M | -203.3M | 190.5M | 230.3M | 185.9M | -90.3M | 16M | -128.1M | -185.5M | -109M | 228.1M | -2.5B | 2.1B | 312.5M | 200.7M | 40.8M | 45.4M | 12.9M | 2.9M | |
267.1M | 531M | 734.2M | 543.8M | 313.5M | 127.6M | 217.9M | 201.9M | 330M | 400.5M | 509.5M | 281.4M | 2.7B | 616.9M | 304.4M | 105.7M | 64.9M | 20.3M | 8.3M | 5.7M | |
353.1M | 267.1M | 531M | 734.2M | 543.8M | 313.5M | 127.6M | 217.9M | 201.9M | 215M | 400.5M | 509.5M | 281.5M | 2.7B | 616.9M | 306.4M | 105.7M | 65.7M | 21.2M | 8.6M | |
1.4B | 1.4B | 1.4B | 1.2B | 1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | 1B | 833.8M | 697.9M | 514.3M | -259.2M | -130.1M | -208.2M | -515.5M | -685.9M | -480.4M |
SEC Filings
AVB - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 21, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
S-3 S-3 N/A | April 29, 2026 | April 29, 2026 | ||
8-K 8-K 2026 N/A | April 28, 2026 | April 27, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 06, 2026 | May 20, 2025 | 2025 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 04, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 01, 2025 | December 01, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 10, 2025 | November 10, 2025 | 2025 |
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