Avalonbay Communities (AVB) Operating Leases (2019 - 2026)

Avalonbay Communities (AVB) reported Operating Leases of $163.5 million for Q1 2026, down 5.06% on a YoY basis from $172.2 million in Q1 2025, and down 1.02% quarter-over-quarter from $165.2 million in Q4 2025.

Avalonbay Communities (AVB) Operating Leases (2019 - 2026) Analysis & Trends

Avalonbay Communities has reported Operating Leases for 8 years, with the latest figure at $163.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 5.06% year-over-year to $163.5 million; the trailing twelve-month figure through Mar 2026 stood at $163.5 million (down 5.06% YoY), and the FY2025 full-year result was $165.2 million, down 4.66% from the prior year.
  • Operating Leases for Q1 2026 stood at $163.5 million, down from $165.2 million in the prior quarter.
  • The five-year high for Operating Leases was $175.4 million in Q3 2024, with the low at $150.9 million in Q1 2024.
  • Historically, Operating Leases has averaged $163.0 million across 5 years, with a median of $165.1 million in 2022.
  • Annual changes were most pronounced in 2023 — Operating Leases retreated 6.94% — and 2025, when it climbed 14.11%.
  • Avalonbay Communities' Operating Leases stood at $162.7 million in 2022, then retreated by 5.8% to $153.2 million in 2023, then advanced by 13.08% to $173.3 million in 2024, then declined by 4.66% to $165.2 million in 2025, then decreased by 1.02% to $163.5 million in 2026.
  • The last three Operating Leases figures came in at $163.5 million (Q1 2026), $165.2 million (Q4 2025), and $167.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn -
2 Equity Residential 24.35 Bn 24.48 Bn -
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn
6 American Homes 4 Rent 13.37 Bn 13.94 Bn -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn -
10 Millrose Properties 4.75 Bn 4.75 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 163.52 Mn
Dec 31, 2025 165.20 Mn
Sep 30, 2025 167.83 Mn
Jun 30, 2025 169.32 Mn
Mar 31, 2025 172.23 Mn
Dec 31, 2024 173.28 Mn
Sep 30, 2024 175.40 Mn
Jun 30, 2024 151.59 Mn
Mar 31, 2024 150.93 Mn
Dec 31, 2023 153.23 Mn
Sep 30, 2023 154.45 Mn
Jun 30, 2023 154.96 Mn
Mar 31, 2023 157.41 Mn
Dec 31, 2022 162.67 Mn
Sep 30, 2022 165.05 Mn
Jun 30, 2022 166.52 Mn
Mar 31, 2022 167.97 Mn
Dec 31, 2021 166.50 Mn
Sep 30, 2021 174.92 Mn
Jun 30, 2021 177.45 Mn