Avalonbay Communities (AVB) Free Cash Flow (2009 - 2026)
Avalonbay Communities (AVB) posted Free Cash Flow of $82.1 million for Q1 2026, up 113.13% on a QoQ basis from -$625.2 million in Q4 2025, and down 77.66% year-over-year from $367.5 million in Q1 2025.
Avalonbay Communities (AVB) Free Cash Flow (2009 - 2026) Analysis & Trends
Avalonbay Communities' Free Cash Flow history runs 18 years deep, the most recent figure standing at $82.1 million for Q1 2026.
- Quarterly Free Cash Flow fell 77.66% year-over-year to $82.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $176.2 million (down 72.84% YoY) and the FY2025 annual result came in at $461.7 million, down 29.71% from the prior year.
- Free Cash Flow was $82.1 million for Q1 2026 at Avalonbay Communities, up from -$625.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $863.1 million in Q4 2022 and bottomed at -$625.2 million in Q4 2025.
- A 5-year average of $226.1 million and a median of $304.0 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow sank 267.82% — and 2025, when it surged 1514.62%.
- Avalonbay Communities' Free Cash Flow stood at $863.1 million in 2022, then slumped by 66.46% to $289.5 million in 2023, then sank by 267.82% to -$485.9 million in 2024, then dropped by 28.68% to -$625.2 million in 2025, then soared by 113.13% to $82.1 million in 2026.
- Business Quant data shows AVB's Free Cash Flow at $82.1 million in Q1 2026, -$625.2 million in Q4 2025, and $402.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | 82.11 Mn |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 357.18 Mn |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 221.50 Mn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 158.60 Mn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 162.30 Mn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | 100.23 Mn |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 148.95 Mn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | 203.06 Mn |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | 148.11 Mn |
| 10 | Millrose Properties | 4.70 Bn | 4.70 Bn | - | 797.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 289.52 Mn |
| Dec 31, 2023 | 289.52 Mn |