Avalonbay Communities (AVB) FCF Payout Ratio (2009 - 2026)
Avalonbay Communities (AVB) reported FCF Payout Ratio of 0.7 for Q1 2026, down 48.87% on a YoY basis from 1.36 in Q1 2025, and up 274.84% quarter-over-quarter from 0.4 in Q4 2025.
Avalonbay Communities (AVB) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Avalonbay Communities has reported FCF Payout Ratio for 18 years, with the latest figure at 0.7 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 48.87% year-over-year to 0.7; the trailing twelve-month figure through Mar 2026 stood at 1.56 (up 1.18% YoY), and the FY2025 full-year result was 2.15, up 46.77% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.7, up from 0.4 in the prior quarter.
- The five-year high for FCF Payout Ratio was 3.79 in Q2 2025, with the low at 2.52 in Q2 2022.
- Historically, FCF Payout Ratio has averaged 0.45 across 5 years, with a median of 0.55 in 2023.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 113982.65% — and 2024, when it plunged 460.78%.
- Avalonbay Communities' FCF Payout Ratio stood at 1.93 in 2022, then surged by 142.01% to 0.81 in 2023, then soared by 330.38% to 3.48 in 2024, then plunged by 111.46% to 0.4 in 2025, then surged by 274.84% to 0.7 in 2026.
- The last three FCF Payout Ratio figures came in at 0.7 (Q1 2026), 0.4 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 0.70 |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 0.00 |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 0.78 |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 4.38 |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 0.83 |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | 0.99 |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 1.66 |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 0.02 |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 2.07 |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | 0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | -0.40 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 3.79 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 3.48 |
| Sep 30, 2024 | -2.00 |
| Jun 30, 2024 | 0.48 |
| Mar 31, 2024 | 1.15 |
| Dec 31, 2023 | 0.81 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 1.34 |
| Dec 31, 2022 | -1.93 |
| Sep 30, 2022 | -0.60 |
| Jun 30, 2022 | -2.52 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 3.49 |
| Sep 30, 2021 | -0.79 |
| Jun 30, 2021 | 4.00 |