Avalonbay Communities (AVB) Free Cash Flow (2009 - 2026)
Avalonbay Communities' (AVB) quarterly Free Cash Flow came in at $50.1 million in Q2 2026, down 23.83% YoY from $65.7 million in Q2 2025, and down 39.03% on a QoQ basis from $82.1 million in Q1 2026.
Avalonbay Communities (AVB) Free Cash Flow (2009 - 2026) Analysis & Trends
Avalonbay Communities (AVB) has 18 years of Free Cash Flow data on file, last reported at $50.1 million in Q2 2026.
- Quarterly Free Cash Flow fell 23.83% year-over-year to $50.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $349.5 million (down 36.24% YoY) and the FY2025 annual result came in at $461.7 million, down 29.71% from the prior year.
- Free Cash Flow fell to $50.1 million in Q2 2026, from $82.1 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $234.3 million in Q3 2024 to a low of $40.8 million in Q4 2025.
- A 5-year average of $133.9 million and a median of $129.3 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow soared 49.37% — and 2025, when it slumped 55.49%.
- Tracing AVB's Free Cash Flow over 5 years: stood at $102.2 million in 2022, then soared by 32.92% to $135.9 million in 2023, then plunged by 48.89% to $69.5 million in 2024, then plunged by 41.29% to $40.8 million in 2025, then climbed by 22.78% to $50.1 million in 2026.
- The last three Free Cash Flow figures came in at $50.1 million (Q2 2026), $82.1 million (Q1 2026), and $40.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 50.06 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 321.23 Mn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | - |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 199.90 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 83.76 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 291.77 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 201.45 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | -140.86 Mn |
| 10 | Millrose Properties | 5.05 Bn | 5.05 Bn | - | 886.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 50.06 Mn |
| Jun 30, 2026 | 50.06 Mn |
| Mar 31, 2026 | 82.11 Mn |
| Mar 31, 2026 | 82.11 Mn |
| Dec 31, 2025 | -625.21 Mn |
| Dec 31, 2025 | -625.21 Mn |
| Sep 30, 2025 | 402.19 Mn |
| Sep 30, 2025 | 402.19 Mn |
| Jun 30, 2025 | 317.14 Mn |
| Jun 30, 2025 | 317.14 Mn |
| Mar 31, 2025 | 367.53 Mn |
| Mar 31, 2025 | 367.53 Mn |
| Dec 31, 2024 | -485.86 Mn |
| Dec 31, 2024 | -485.86 Mn |
| Sep 30, 2024 | 789.64 Mn |
| Sep 30, 2024 | 789.64 Mn |
| Jun 30, 2024 | -22.42 Mn |
| Jun 30, 2024 | -22.42 Mn |
| Mar 31, 2024 | 375.42 Mn |
| Mar 31, 2024 | 375.42 Mn |