Avalonbay Communities (AVB) FCF Payout Ratio (2009 - 2026)
Avalonbay Communities posted quarterly FCF Payout Ratio of 0.7 for Q1 2026, down 48.87% year-on-year from 1.36 in Q1 2025, and up 274.84% on a QoQ basis from 0.4 in Q4 2025.
Avalonbay Communities (AVB) has 18 years of FCF Payout Ratio data on file, last reported 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.
- Across five years, FCF Payout Ratio topped out at 3.79 in Q2 2025 and bottomed at 2.52 in Q2 2022.
- The 5-year median for FCF Payout Ratio is 0.55 (2023), against an average of 0.45.
- The widest annual swing landed in 2022, when FCF Payout Ratio surged 113982.65%; it then slumped 460.78% in 2024.
- A 5-year view of FCF Payout Ratio shows it stood at 1.93 in 2022, then soared by 142.01% to 0.81 in 2023, then jumped by 330.38% to 3.48 in 2024, then tumbled by 111.46% to 0.4 in 2025, then soared 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 | 25.91 Bn | 26.13 Bn | - | 0.70 |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 0.00 |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 0.78 |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 0.83 |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 4.38 |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 0.99 |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 1.66 |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 0.02 |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 2.07 |
| 10 | Millrose Properties | 4.59 Bn | 4.59 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 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | -0.93 |
| Sep 30, 2020 | 4.29 |
| Jun 30, 2020 | 3.39 |
| Mar 31, 2020 | 0.69 |
| Dec 31, 2019 | 4.57 |
| Sep 30, 2019 | -1.71 |
| Jun 30, 2019 | 0.00 |
| Dec 31, 2018 | 0.18 |
| Sep 30, 2018 | -0.43 |
| Jun 30, 2018 | 0.71 |
| Mar 31, 2018 | 0.65 |
| Dec 31, 2017 | 0.00 |
| Sep 30, 2017 | -1.01 |
| Jun 30, 2017 | 0.74 |
| Mar 31, 2017 | 0.00 |
| Dec 31, 2016 | -0.22 |
| Sep 30, 2016 | 1.87 |
| Jun 30, 2016 | 0.00 |
| Mar 31, 2016 | 0.00 |
| Dec 31, 2015 | -1.54 |
| Sep 30, 2015 | 0.15 |
| Jun 30, 2015 | -10.15 |
| Mar 31, 2015 | 0.00 |
| Dec 31, 2014 | -0.42 |
| Sep 30, 2014 | -0.25 |
| Jun 30, 2014 | 1.58 |
| Mar 31, 2014 | 0.00 |
| Dec 31, 2013 | 0.38 |
| Sep 30, 2013 | 0.71 |
| Jun 30, 2013 | 0.75 |
| Mar 31, 2013 | 1.39 |
| Dec 31, 2012 | -1.65 |
| Sep 30, 2012 | 0.61 |
| Jun 30, 2012 | 0.64 |
| Mar 31, 2012 | 0.00 |
| Dec 31, 2011 | -0.40 |
| Sep 30, 2011 | -2.30 |
| Jun 30, 2011 | 0.00 |
| Mar 31, 2011 | 0.00 |
| Dec 31, 2010 | -0.24 |
| Sep 30, 2010 | 3.75 |
| Jun 30, 2010 | 0.00 |
| Mar 31, 2010 | 0.00 |
| Sep 30, 2009 | -0.35 |
| Jun 30, 2009 | -0.34 |
| Mar 31, 2009 | 0.77 |