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AVB

S&P 500
Favorable · 61/100

AvalonBay Communities

Real Estate
Multi-Family Residential REITs

$179.89

1.4%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 14.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$25.16B

P/E

22.03x

Forward P/E (est.)

22.11x

ROE

9.7%

Revenue Growth

4.0%

EPS Growth

-0.4%

Profit Margin

37.2%

FCF Yield

6.7%

Debt / Equity

0.81x

ROIC

8.0%

Interest Coverage

7.8x

Current Ratio

Dividend Yield

3.9%

Implied Growth (rev. DCF)

3.2%

Rating Score

61/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AVB's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AVB trades near $179.89, below its 50-day average ($181.21) and 200-day average ($180.29). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 40 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. AVB's is $3.53 (~2.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month AVB found buyers near $179.08 (support) and sellers near $190.89 (resistance); its 52-week range is $160.10–$209.86. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

AvalonBay Communities (AVB) is a large-cap company in the Multi-Family Residential REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $25.16B.

In its latest reported year it generated about $7.04M in revenue.

Our model rates AVB Favorable (61/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

22.9%

Revenue moved from $3.08M in 2021 to $7.04M in 2025, a 22.9% compound annual growth rate. The most recent year was roughly flat (4.0%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

62.8%

Operating Margin

28698.5%

Net Margin

37.2%

ROE

9.7%

AvalonBay Communities keeps about 37.2% of each sales dollar as net profit, with a 62.8% gross margin and 28698.5% operating margin. Return on equity is 9.7% and return on invested capital about 8.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$9.36B

Net Debt

$9.24B

Net Debt / EBITDA

4.57x

Debt / Equity

0.81x

Leverage: debt-to-equity is 0.8x, and operating profit covers interest about 7.8x. That is a moderate, manageable debt load for most businesses. It carries roughly $9.36B of total debt against $121.23M of cash.

Cash Flow Analysis
Research

Operating CF

$1.67B

Free Cash Flow

$1.41B

FCF Margin

20013.3%

In the latest year AvalonBay Communities produced about $1.67B of operating cash flow and $1.41B of free cash flow after capital spending. That is a free-cash-flow yield of about 6.7% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

22.03x

P/S

8.61x

P/B

2.17x

EV / EBITDA

AVB trades at 22.0x trailing earnings (about 22.1x on estimated forward earnings), 8.6x sales, and 2.2x book value. Reverse-engineering today's price implies the market expects roughly 3.2% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
22.0xFair
Forward P/E
22.1xFair
P/S ratio
8.6xExpensive
Revenue growth
4.0%Weak
EPS growth
-0.4%Weak
Gross margin
62.8%Strong
Net margin
37.2%Strong
ROE
9.7%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How AVB stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), AVB ranks #8 of 31 by our overall rating. It trades at a discount versus the sector on earnings (22x P/E vs. 30.8x median) with a higher return on equity (9.7% vs. 8.0%) and slower revenue growth (4.0% vs. 5.3%).

P/E vs sector

22x

median 30.8x

ROE vs sector

9.7%

median 8.0%

Growth vs sector

4.0%

median 5.3%

Sector rank

#8

of 31 by rating

CompanyP/ERev Gr.Rating
AVBThis stock22x4.0%Favorable· 61
EQR25.1x3.4%Neutral· 53
ESS30.8x5.3%Neutral· 50
MAA39.6x0.8%Neutral· 42
CPT38x1.3%Favorable· 59
UDR24.7x2.1%Favorable· 66
VICI9.3x4.1%Favorable· 67
EXR32.5x4.2%Neutral· 51
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianEQRESSMAACPTUDRVICIEXRAVBP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.30$0.50

vs. $179.89 today · expected CAGR -72%-69%

Metric20262027202820292030
Revenue$7.32M$7.62M$7.92M$8.24M$8.57M
Net income$2.71M$2.82M$2.93M$3.05M$3.17M
EPS$0.02$0.02$0.02$0.02$0.02
Share price (low)$0.25$0.26$0.27$0.28$0.30
Share price (high)$0.43$0.45$0.46$0.48$0.50
CAGR (low–high)-100% / -100%-96% / -95%-88% / -86%-80% / -77%-72% / -69%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for AVB:

  • High net margins (37.2%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~6.7%) funds buybacks and dividends.
  • Pays a 3.9% dividend on top of any price gains.
  • Our model's overall read is Favorable (61/100).
Bear Case

The case against AVB:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: AvalonBay Communities is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 22.0x earnings, which our model scores Favorable (61/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.