Avalonbay Communities (AVB) Free Cash Flow (2009 - 2026)
Avalonbay Communities posted quarterly Free Cash Flow of $359.5 million for Q1 2026, up 101.25% year-on-year from $178.6 million in Q1 2025, and up 157.5% on a QoQ basis from -$625.2 million in Q4 2025.
Avalonbay Communities (AVB) has 18 years of Free Cash Flow data on file, last reported at $359.5 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 101.25% year-over-year to $359.5 million; the trailing twelve-month figure through Mar 2026 stood at $642.5 million (up 1.98% YoY), and the FY2025 full-year result was $461.7 million, down 29.71% from the prior year.
- Free Cash Flow for Q1 2026 stood at $359.5 million, up from -$625.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $842.5 million in Q3 2025 and bottomed at -$625.2 million in Q4 2025.
- The 5-year median for Free Cash Flow is $205.3 million (2024), against an average of $197.7 million.
- Peak annual rise in Free Cash Flow reached 795.86% in 2025, while the deepest fall reached 1000.16% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$461.9 million in 2022, then soared by 162.68% to $289.5 million in 2023, then tumbled by 76.01% to $69.5 million in 2024, then plunged by 1000.16% to -$625.2 million in 2025, then surged by 157.5% to $359.5 million in 2026.
- The last three Free Cash Flow figures came in at $359.5 million (Q1 2026), -$625.2 million (Q4 2025), and $842.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 359.48 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | -192.61 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 236.00 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 162.30 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 158.60 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 112.16 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 85.28 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 148.95 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 54.08 Mn |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | 797.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 359.48 Mn |
| Mar 31, 2026 | 359.48 Mn |
| Dec 31, 2025 | -625.21 Mn |
| Dec 31, 2025 | -625.21 Mn |
| Sep 30, 2025 | 842.52 Mn |
| Sep 30, 2025 | 842.52 Mn |
| Jun 30, 2025 | 65.73 Mn |
| Jun 30, 2025 | 65.73 Mn |
| Mar 31, 2025 | 178.62 Mn |
| Mar 31, 2025 | 178.62 Mn |
| Dec 31, 2024 | 69.46 Mn |
| Dec 31, 2024 | 69.46 Mn |
| Sep 30, 2024 | -121.08 Mn |
| Sep 30, 2024 | -121.08 Mn |
| Jun 30, 2024 | 503.06 Mn |
| Jun 30, 2024 | 503.06 Mn |
| Mar 31, 2024 | 205.34 Mn |
| Mar 31, 2024 | 205.34 Mn |
| Dec 31, 2023 | 289.52 Mn |
| Dec 31, 2023 | 289.52 Mn |
| Sep 30, 2023 | 423.37 Mn |
| Sep 30, 2023 | 423.37 Mn |
| Jun 30, 2023 | 502.08 Mn |
| Jun 30, 2023 | 502.08 Mn |
| Mar 31, 2023 | 166.76 Mn |
| Mar 31, 2023 | 166.76 Mn |
| Dec 31, 2022 | -461.90 Mn |
| Dec 31, 2022 | -461.90 Mn |
| Sep 30, 2022 | 736.69 Mn |
| Sep 30, 2022 | 736.69 Mn |
| Jun 30, 2022 | -88.27 Mn |
| Jun 30, 2022 | -88.27 Mn |
| Mar 31, 2022 | 314.21 Mn |
| Mar 31, 2022 | 314.21 Mn |
| Dec 31, 2021 | 254.36 Mn |
| Dec 31, 2021 | 254.36 Mn |
| Sep 30, 2021 | 563.18 Mn |
| Sep 30, 2021 | 563.18 Mn |
| Jun 30, 2021 | 111.17 Mn |
| Jun 30, 2021 | 111.17 Mn |
| Mar 31, 2021 | 131.77 Mn |
| Mar 31, 2021 | 131.77 Mn |
| Dec 31, 2020 | 711.34 Mn |
| Dec 31, 2020 | 711.34 Mn |
| Sep 30, 2020 | 153.96 Mn |
| Sep 30, 2020 | 153.96 Mn |
| Jun 30, 2020 | -63.00 Mn |
| Jun 30, 2020 | -63.00 Mn |
| Mar 31, 2020 | 308.78 Mn |
| Mar 31, 2020 | 308.78 Mn |
| Dec 31, 2019 | 46.42 Mn |
| Dec 31, 2019 | 46.42 Mn |
| Sep 30, 2019 | -366.36 Mn |
| Sep 30, 2019 | -366.36 Mn |
| Jun 30, 2019 | 506.02 Mn |
| Jun 30, 2019 | 506.02 Mn |
| Mar 31, 2019 | 83.71 Mn |
| Mar 31, 2019 | 83.71 Mn |
| Dec 31, 2018 | 1.10 Bn |
| Dec 31, 2018 | 1.10 Bn |
| Sep 30, 2018 | -472.21 Mn |
| Sep 30, 2018 | -472.21 Mn |
| Jun 30, 2018 | 287.54 Mn |
| Jun 30, 2018 | 287.54 Mn |
| Mar 31, 2018 | 300.67 Mn |
| Mar 31, 2018 | 300.67 Mn |
| Dec 31, 2017 | 262.61 Mn |
| Dec 31, 2017 | 262.61 Mn |
| Sep 30, 2017 | 375.23 Mn |
| Sep 30, 2017 | 375.23 Mn |
| Jun 30, 2017 | 512.92 Mn |
| Jun 30, 2017 | 512.92 Mn |
| Mar 31, 2017 | 40.32 Mn |
| Mar 31, 2017 | 40.32 Mn |
| Dec 31, 2016 | -858.46 Mn |
| Dec 31, 2016 | -858.46 Mn |
| Sep 30, 2016 | 289.23 Mn |
| Sep 30, 2016 | 289.23 Mn |
| Jun 30, 2016 | 517.29 Mn |
| Jun 30, 2016 | 517.29 Mn |
| Mar 31, 2016 | 11.19 Mn |
| Mar 31, 2016 | 11.19 Mn |
| Dec 31, 2015 | 313.06 Mn |
| Dec 31, 2015 | 313.06 Mn |
| Sep 30, 2015 | 1.13 Bn |
| Sep 30, 2015 | 1.13 Bn |
| Jun 30, 2015 | -31.34 Mn |
| Jun 30, 2015 | -31.34 Mn |
| Mar 31, 2015 | -342.25 Mn |
| Mar 31, 2015 | -342.25 Mn |
| Dec 31, 2014 | 1.06 Bn |
| Dec 31, 2014 | 1.06 Bn |
| Sep 30, 2014 | -609.13 Mn |
| Sep 30, 2014 | -609.13 Mn |
| Jun 30, 2014 | 182.49 Mn |
| Jun 30, 2014 | 182.49 Mn |
| Mar 31, 2014 | 206.61 Mn |
| Mar 31, 2014 | 206.61 Mn |
| Dec 31, 2013 | -1.02 Bn |
| Dec 31, 2013 | -1.02 Bn |
| Sep 30, 2013 | 194.91 Mn |
| Sep 30, 2013 | 194.91 Mn |
| Jun 30, 2013 | 184.87 Mn |
| Jun 30, 2013 | 184.87 Mn |
| Mar 31, 2013 | 79.62 Mn |
| Mar 31, 2013 | 79.62 Mn |
| Dec 31, 2012 | 163.66 Mn |
| Dec 31, 2012 | 163.66 Mn |
| Sep 30, 2012 | 152.20 Mn |
| Sep 30, 2012 | 152.20 Mn |
| Jun 30, 2012 | 275.63 Mn |
| Jun 30, 2012 | 275.63 Mn |
| Mar 31, 2012 | -53.75 Mn |
| Mar 31, 2012 | -53.75 Mn |
| Dec 31, 2011 | 583.03 Mn |
| Dec 31, 2011 | 583.03 Mn |
| Sep 30, 2011 | -101.46 Mn |
| Sep 30, 2011 | -101.46 Mn |
| Jun 30, 2011 | -130.74 Mn |
| Jun 30, 2011 | -130.74 Mn |
| Mar 31, 2011 | 70.24 Mn |
| Mar 31, 2011 | 70.24 Mn |
| Dec 31, 2010 | -322.44 Mn |
| Dec 31, 2010 | -322.44 Mn |
| Sep 30, 2010 | 59.15 Mn |
| Sep 30, 2010 | 59.15 Mn |
| Jun 30, 2010 | 97.92 Mn |
| Jun 30, 2010 | 97.92 Mn |
| Mar 31, 2010 | 67.63 Mn |
| Mar 31, 2010 | 67.63 Mn |
| Dec 31, 2009 | 93.19 Mn |
| Dec 31, 2009 | 93.19 Mn |
| Sep 30, 2009 | 394.13 Mn |
| Sep 30, 2009 | 394.13 Mn |
| Jun 30, 2009 | -211.83 Mn |
| Jun 30, 2009 | -211.83 Mn |
| Mar 31, 2009 | 89.98 Mn |
| Mar 31, 2009 | 89.98 Mn |