KPIs & Operating Metrics(New)

Avalonbay Communities (AVB) Construction in Progress (2009 - 2026)

Avalonbay Communities posted quarterly Construction in Progress of $1.6 billion for Q1 2026, up 31.49% year-on-year from $1.2 billion in Q1 2025, and up 8.01% on a QoQ basis from $1.5 billion in Q4 2025.

Avalonbay Communities (AVB) has 18 years of Construction in Progress data on file, last reported at $1.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress rose 31.49% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 31.49% YoY), and the FY2025 full-year result was $1.5 billion, up 39.91% from the prior year.
  • Construction in Progress for Q1 2026 stood at $1.6 billion, up from $1.5 billion in the prior quarter.
  • Across five years, Construction in Progress topped out at $1.6 billion in Q1 2026 and bottomed at $755.3 million in Q1 2022.
  • The 5-year median for Construction in Progress is $1.2 billion (2023), against an average of $1.2 billion.
  • The widest annual swing landed in 2023, when Construction in Progress soared 60.39%; it then declined 17.83% in 2024.
  • A 5-year view of Construction in Progress shows it stood at $1.1 billion in 2022, then rose by 18.31% to $1.3 billion in 2023, then slipped by 17.83% to $1.0 billion in 2024, then jumped by 39.91% to $1.5 billion in 2025, then gained by 8.01% to $1.6 billion in 2026.
  • The last three Construction in Progress figures came in at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 1.58 Bn
2 Equity Residential 25.13 Bn 25.27 Bn - 100.56 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 5.74 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn -
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 426.76 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 91.74 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn -
9 Camden Property Trust 11.27 Bn 11.34 Bn - 457.99 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Mar 31, 2026 1.58 Bn
Dec 31, 2025 1.46 Bn
Sep 30, 2025 1.43 Bn
Jun 30, 2025 1.40 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 1.04 Bn
Sep 30, 2024 1.09 Bn
Jun 30, 2024 1.12 Bn
Mar 31, 2024 1.21 Bn
Dec 31, 2023 1.27 Bn
Sep 30, 2023 1.32 Bn
Jun 30, 2023 1.20 Bn
Mar 31, 2023 1.21 Bn
Dec 31, 2022 1.07 Bn
Sep 30, 2022 1.01 Bn
Jun 30, 2022 800.66 Mn
Mar 31, 2022 755.27 Mn
Dec 31, 2021 807.10 Mn
Sep 30, 2021 787.56 Mn
Jun 30, 2021 773.94 Mn
Mar 31, 2021 818.23 Mn
Dec 31, 2020 989.77 Mn
Sep 30, 2020 1.20 Bn
Jun 30, 2020 1.27 Bn
Mar 31, 2020 1.27 Bn
Dec 31, 2019 1.30 Bn
Sep 30, 2019 1.41 Bn
Jun 30, 2019 1.94 Bn
Mar 31, 2019 1.86 Bn
Dec 31, 2018 1.77 Bn
Sep 30, 2018 1.65 Bn
Jun 30, 2018 1.53 Bn
Mar 31, 2018 1.38 Bn
Dec 31, 2017 1.31 Bn
Sep 30, 2017 1.56 Bn
Jun 30, 2017 1.74 Bn
Mar 31, 2017 1.79 Bn
Dec 31, 2016 1.88 Bn
Sep 30, 2016 1.44 Bn
Jun 30, 2016 1.54 Bn
Mar 31, 2016 1.59 Bn
Dec 31, 2015 1.59 Bn
Sep 30, 2015 1.54 Bn
Jun 30, 2015 1.54 Bn
Mar 31, 2015 1.46 Bn
Dec 31, 2014 1.42 Bn
Sep 30, 2014 1.34 Bn
Jun 30, 2014 1.48 Bn
Mar 31, 2014 1.65 Bn
Dec 31, 2013 1.58 Bn
Sep 30, 2013 1.42 Bn
Jun 30, 2013 1.15 Bn
Mar 31, 2013 1.00 Bn
Dec 31, 2012 802.78 Mn
Sep 30, 2012 725.45 Mn
Jun 30, 2012 681.49 Mn
Mar 31, 2012 688.62 Mn
Dec 31, 2011 597.30 Mn
Dec 31, 2010 309.70 Mn
Sep 30, 2010 402.72 Mn
Jun 30, 2010 492.16 Mn
Mar 31, 2010 580.81 Mn
Dec 31, 2009 531.30 Mn
Sep 30, 2009 607.95 Mn
Jun 30, 2009 783.93 Mn