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
DateValue
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