XNYSAVB
Market cap31bUSD
Dec 26, Last price
223.31USD
1D
0.01%
1Q
-0.85%
Jan 2017
26.06%
Name
Avalonbay Communities Inc
Chart & Performance
Profile
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").
IPO date
Mar 11, 1994
Employees
2,859
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,781,363 7.25% | 2,593,446 13.01% | 2,294,850 -0.28% | |||||||
Cost of revenue | 1,064,666 | 1,009,743 | 926,784 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,716,697 | 1,583,703 | 1,368,066 | |||||||
NOPBT Margin | 61.72% | 61.07% | 59.61% | |||||||
Operating Taxes | 10,153 | 14,646 | 5,733 | |||||||
Tax Rate | 0.59% | 0.92% | 0.42% | |||||||
NOPAT | 1,706,544 | 1,569,057 | 1,362,333 | |||||||
Net income | 928,825 -18.29% | 1,136,775 13.19% | 1,004,299 21.35% | |||||||
Dividends | (922,657) | (889,607) | (888,344) | |||||||
Dividend yield | 3.48% | 3.93% | 2.52% | |||||||
Proceeds from repurchase of equity | 494,795 | 3,031 | 1,130,517 | |||||||
BB yield | -1.87% | -0.01% | -3.20% | |||||||
Debt | ||||||||||
Debt current | 358,300 | 108,263 | ||||||||
Long-term debt | 8,288,286 | 8,478,716 | 8,270,044 | |||||||
Deferred revenue | 9,201,526 | 8,965,555 | ||||||||
Other long-term liabilities | 48,482 | (8,481,796) | (8,274,203) | |||||||
Net debt | 7,670,251 | 8,011,743 | 7,741,666 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,560,029 | 1,421,932 | 1,203,170 | |||||||
CAPEX | (197,274) | (174,705) | (153,235) | |||||||
Cash from investing activities | (928,955) | (560,419) | (624,053) | |||||||
Cash from financing activities | (834,359) | (671,056) | (348,861) | |||||||
FCF | 1,894,128 | 1,792,450 | 1,239,629 | |||||||
Balance | ||||||||||
Cash | 397,890 | 613,189 | 420,251 | |||||||
Long term investments | 220,145 | 212,084 | 216,390 | |||||||
Excess cash | 478,967 | 695,601 | 521,898 | |||||||
Stockholders' equity | 497,242 | 975,951 | 460,302 | |||||||
Invested Capital | 19,489,360 | 19,295,602 | 19,315,295 | |||||||
ROIC | 8.80% | 8.13% | 7.11% | |||||||
ROCE | 8.60% | 7.86% | 6.86% | |||||||
EV | ||||||||||
Common stock shares outstanding | 141,644 | 139,975 | 139,717 | |||||||
Price | 187.22 15.91% | 161.52 -36.05% | 252.59 57.45% | |||||||
Market cap | 26,518,550 17.29% | 22,608,776 -35.94% | 35,291,218 56.64% | |||||||
EV | 34,190,351 | 31,108,425 | 43,277,073 | |||||||
EBITDA | 2,533,662 | 2,398,681 | 2,126,662 | |||||||
EV/EBITDA | 13.49 | 12.97 | 20.35 | |||||||
Interest | 205,992 | 230,074 | 220,415 | |||||||
Interest/NOPBT | 12.00% | 14.53% | 16.11% |