Avalonbay Communities (AVB) Depreciation Expense (2009 - 2026)
Avalonbay Communities posted quarterly Depreciation Expense of $233.1 million for Q1 2026, up 6.98% year-on-year from $217.9 million in Q1 2025, and little changed on a QoQ basis from $233.4 million in Q4 2025.
Avalonbay Communities (AVB) has 18 years of Depreciation Expense data on file, last reported at $233.1 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation Expense rose 6.98% year-over-year to $233.1 million; the trailing twelve-month figure through Mar 2026 stood at $928.6 million (up 8.93% YoY), and the FY2025 full-year result was $913.4 million, up 7.86% from the prior year.
- Depreciation Expense for Q1 2026 stood at $233.1 million, roughly flat from $233.4 million in the prior quarter.
- Across five years, Depreciation Expense topped out at $233.4 million in Q4 2025 and bottomed at $199.3 million in Q2 2022.
- The 5-year median for Depreciation Expense is $210.7 million (2023), against an average of $213.3 million.
- The widest annual swing landed in 2023, when Depreciation Expense dropped 2.75%; it then increased 11.99% in 2025.
- A 5-year view of Depreciation Expense shows it stood at $207.2 million in 2022, then rose by 1.67% to $210.7 million in 2023, then climbed by 2.3% to $215.5 million in 2024, then advanced by 8.28% to $233.4 million in 2025, then slipped by 0.12% to $233.1 million in 2026.
- The last three Depreciation Expense figures came in at $233.1 million (Q1 2026), $233.4 million (Q4 2025), and $230.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 233.10 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 258.11 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 193.14 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 | - |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 5.70 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 161.27 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | - |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 233.10 Mn |
| Dec 31, 2025 | 233.39 Mn |
| Sep 30, 2025 | 230.37 Mn |
| Jun 30, 2025 | 231.73 Mn |
| Mar 31, 2025 | 217.89 Mn |
| Dec 31, 2024 | 215.54 Mn |
| Sep 30, 2024 | 212.12 Mn |
| Jun 30, 2024 | 206.92 Mn |
| Mar 31, 2024 | 212.27 Mn |
| Dec 31, 2023 | 210.69 Mn |
| Sep 30, 2023 | 200.98 Mn |
| Jun 30, 2023 | 200.55 Mn |
| Mar 31, 2023 | 204.74 Mn |
| Dec 31, 2022 | 207.23 Mn |
| Sep 30, 2022 | 206.66 Mn |
| Jun 30, 2022 | 199.30 Mn |
| Mar 31, 2022 | 201.79 Mn |
| Dec 31, 2021 | 197.04 Mn |
| Sep 30, 2021 | 193.79 Mn |
| Jun 30, 2021 | 184.47 Mn |
| Mar 31, 2021 | 183.30 Mn |
| Dec 31, 2020 | 177.82 Mn |
| Sep 30, 2020 | 175.35 Mn |
| Jun 30, 2020 | 176.25 Mn |
| Mar 31, 2020 | 177.91 Mn |
| Dec 31, 2019 | 171.37 Mn |
| Sep 30, 2019 | 165.46 Mn |
| Jun 30, 2019 | 162.69 Mn |
| Mar 31, 2019 | 162.06 Mn |
| Dec 31, 2018 | 158.91 Mn |
| Sep 30, 2018 | 156.54 Mn |
| Jun 30, 2018 | 156.69 Mn |
| Mar 31, 2018 | 159.06 Mn |
| Dec 31, 2017 | 157.10 Mn |
| Sep 30, 2017 | 144.99 Mn |
| Jun 30, 2017 | 141.44 Mn |
| Mar 31, 2017 | 140.62 Mn |
| Dec 31, 2016 | 140.02 Mn |
| Sep 30, 2016 | 131.73 Mn |
| Jun 30, 2016 | 132.47 Mn |
| Mar 31, 2016 | 127.22 Mn |
| Dec 31, 2015 | 122.26 Mn |
| Sep 30, 2015 | 120.18 Mn |
| Jun 30, 2015 | 118.63 Mn |
| Mar 31, 2015 | 116.85 Mn |
| Dec 31, 2014 | 114.08 Mn |
| Sep 30, 2014 | 111.84 Mn |
| Jun 30, 2014 | 110.40 Mn |
| Mar 31, 2014 | 106.37 Mn |
| Dec 31, 2013 | 104.81 Mn |
| Sep 30, 2013 | 159.87 Mn |
| Jun 30, 2013 | 189.98 Mn |
| Mar 31, 2013 | 105.56 Mn |
| Dec 31, 2012 | 59.99 Mn |
| Sep 30, 2012 | 62.75 Mn |
| Jun 30, 2012 | 63.22 Mn |
| Mar 31, 2012 | 61.57 Mn |
| Dec 31, 2011 | 45.78 Mn |
| Sep 30, 2011 | 60.89 Mn |
| Jun 30, 2011 | 60.84 Mn |
| Mar 31, 2011 | 59.65 Mn |
| Dec 31, 2010 | 50.74 Mn |
| Sep 30, 2010 | 57.93 Mn |
| Jun 30, 2010 | 57.32 Mn |
| Mar 31, 2010 | 55.97 Mn |
| Dec 31, 2009 | 50.49 Mn |
| Sep 30, 2009 | 52.99 Mn |
| Jun 30, 2009 | 51.17 Mn |
| Mar 31, 2009 | 50.07 Mn |