Avalonbay Communities (AVB) FCF Margin (2009 - 2026)
Avalonbay Communities' (AVB) quarterly FCF Margin came in at 6.44% in Q2 2026, down 221.0% on a YoY basis from 5.32% in Q2 2025, and down 39.62% quarter-over-quarter from 10.66% in Q1 2026.
Analysis
Avalonbay Communities (AVB) FCF Margin (2009 - 2026) Analysis & Trends
Avalonbay Communities (AVB) has reported FCF Margin for 18 consecutive years, with 6.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 221.0% year-over-year to 6.44%; the trailing twelve-month figure through Jun 2026 stood at 11.34% (down 705.0% YoY), and the FY2025 full-year result was 15.18%, down 736.0% from the prior year.
- FCF Margin retreated to 6.44% in Q2 2026 per AVB's latest filing, from 10.66% in the prior quarter.
- Across five years, FCF Margin topped out at 33.38% in Q3 2023 and bottomed at 5.31% in Q4 2025.
- Historically, FCF Margin has averaged 18.93% across 5 years, with a median of 18.73% in 2022.
- The sharpest annual moves came in 2023 and 2026: FCF Margin surged 744 bps in 2023, then sank 1329 bps in 2026.
- Over 5 years, FCF Margin stood at 15.27% in 2022, then grew by 26 bps to 19.28% in 2023, then tumbled by 51 bps to 9.38% in 2024, then sank by 43 bps to 5.31% in 2025, then climbed by 21 bps to 6.44% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 6.44%, 10.66%, and 5.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.50 Bn | 24.69 Bn | - | - |
| 2 | Invitation Homes | 16.77 Bn | 16.81 Bn | 705.34 Mn | 42.97% |
| 3 | Mid America Apartment Communities | 14.88 Bn | 14.89 Bn | 537.17 Mn | - |
| 4 | Sun Communities | 14.62 Bn | 14.69 Bn | 460.10 Mn | 41.25% |
| 5 | Equity Lifestyle Properties | 12.11 Bn | 12.17 Bn | 375.97 Mn | 21.06% |
| 6 | Udr | 11.68 Bn | 12.58 Bn | 412.43 Mn | 47.36% |
| 7 | American Homes 4 Rent | 11.67 Bn | 12.34 Bn | - | - |
| 8 | Camden Property Trust | 10.63 Bn | 10.70 Bn | - | -4,499.01% |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 6.44% |
| 10 | Independence Realty Trust | 3.80 Bn | 3.92 Bn | - | 27.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.44% |
| Mar 31, 2026 | 10.66% |
| Dec 31, 2025 | 5.31% |
| Sep 30, 2025 | 23.02% |
| Jun 30, 2025 | 8.65% |
| Mar 31, 2025 | 23.95% |
| Dec 31, 2024 | 9.38% |
| Sep 30, 2024 | 31.91% |
| Jun 30, 2024 | 20.34% |
| Mar 31, 2024 | 28.80% |
| Dec 31, 2023 | 19.28% |
| Sep 30, 2023 | 33.38% |
| Jun 30, 2023 | 17.76% |
| Mar 31, 2023 | 24.72% |
| Dec 31, 2022 | 15.27% |
| Sep 30, 2022 | 25.94% |
| Jun 30, 2022 | 17.73% |
| Mar 31, 2022 | 18.18% |
| Dec 31, 2021 | 18.77% |
| Sep 30, 2021 | 33.15% |