KPIs & Operating Metrics(New)

Avalonbay Communities (AVB) Land & Improvements (2009 - 2026)

Avalonbay Communities posted quarterly Land & Improvements of $5.0 billion for Q1 2026, up 1.74% year-on-year from $4.9 billion in Q1 2025, and up 0.58% on a QoQ basis from $5.0 billion in Q4 2025.

Avalonbay Communities (AVB) has 18 years of Land & Improvements data on file, last reported at $5.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Land & Improvements rose 1.74% year-over-year to $5.0 billion; the trailing twelve-month figure through Mar 2026 stood at $5.0 billion (up 1.74% YoY), and the FY2025 full-year result was $5.0 billion, up 1.48% from the prior year.
  • Land & Improvements for Q1 2026 stood at $5.0 billion, up from $5.0 billion in the prior quarter.
  • Across five years, Land & Improvements topped out at $5.0 billion in Q1 2026 and bottomed at $4.6 billion in Q1 2022.
  • The 5-year median for Land & Improvements is $4.7 billion (2024), against an average of $4.8 billion.
  • The widest annual swing landed in 2023, when Land & Improvements increased 0.94%; it then rose 3.93% in 2024.
  • A 5-year view of Land & Improvements shows it stood at $4.6 billion in 2022, then rose by 1.71% to $4.7 billion in 2023, then rose by 3.56% to $4.9 billion in 2024, then gained by 1.48% to $5.0 billion in 2025, then gained by 0.58% to $5.0 billion in 2026.
  • The last three Land & Improvements figures came in at $5.0 billion (Q1 2026), $5.0 billion (Q4 2025), and $4.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 4.99 Bn
2 Equity Residential 25.13 Bn 25.27 Bn - 5.56 Bn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 4.96 Bn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 3.49 Bn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 2.13 Bn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn -
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 4.83 Bn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 1.78 Bn
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Mar 31, 2026 4.99 Bn
Dec 31, 2025 4.96 Bn
Sep 30, 2025 4.92 Bn
Jun 30, 2025 4.89 Bn
Mar 31, 2025 4.90 Bn
Dec 31, 2024 4.89 Bn
Sep 30, 2024 4.85 Bn
Jun 30, 2024 4.78 Bn
Mar 31, 2024 4.74 Bn
Dec 31, 2023 4.72 Bn
Sep 30, 2023 4.67 Bn
Jun 30, 2023 4.65 Bn
Mar 31, 2023 4.65 Bn
Dec 31, 2022 4.64 Bn
Sep 30, 2022 4.63 Bn
Jun 30, 2022 4.60 Bn
Mar 31, 2022 4.59 Bn
Dec 31, 2021 4.56 Bn
Sep 30, 2021 4.51 Bn
Jun 30, 2021 4.44 Bn
Mar 31, 2021 4.42 Bn
Dec 31, 2020 4.39 Bn
Sep 30, 2020 4.39 Bn
Jun 30, 2020 4.36 Bn
Mar 31, 2020 4.34 Bn
Dec 31, 2019 4.30 Bn
Sep 30, 2019 4.19 Bn
Jun 30, 2019 4.14 Bn
Mar 31, 2019 4.07 Bn
Dec 31, 2018 4.08 Bn
Sep 30, 2018 4.19 Bn
Jun 30, 2018 4.19 Bn
Mar 31, 2018 4.23 Bn
Dec 31, 2017 4.24 Bn
Sep 30, 2017 4.07 Bn
Jun 30, 2017 3.99 Bn
Mar 31, 2017 3.98 Bn
Dec 31, 2016 3.94 Bn
Sep 30, 2016 3.89 Bn
Jun 30, 2016 3.79 Bn
Mar 31, 2016 3.74 Bn
Dec 31, 2015 3.64 Bn
Sep 30, 2015 3.58 Bn
Jun 30, 2015 3.52 Bn
Mar 31, 2015 3.49 Bn
Dec 31, 2014 3.41 Bn
Mar 31, 2014 3.35 Bn
Dec 31, 2013 3.32 Bn
Sep 30, 2013 3.30 Bn
Jun 30, 2013 3.31 Bn
Mar 31, 2013 3.29 Bn
Dec 31, 2012 1.41 Bn
Sep 30, 2012 1.44 Bn
Jun 30, 2012 1.38 Bn
Mar 31, 2012 1.38 Bn
Dec 31, 2011 1.31 Bn
Dec 31, 2010 8.66 Bn
Sep 30, 2010 1.33 Bn
Jun 30, 2010 1.29 Bn
Dec 31, 2009 1.25 Bn