KPIs & Operating Metrics(New)

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

Avalonbay Communities posted quarterly Operating Leases of $163.5 million for Q1 2026, down 5.06% year-on-year from $172.2 million in Q1 2025, and down 1.02% on a QoQ basis from $165.2 million in Q4 2025.

Avalonbay Communities (AVB) has 8 years of Operating Leases data on file, last reported 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.
  • Across five years, Operating Leases topped out at $175.4 million in Q3 2024 and bottomed at $150.9 million in Q1 2024.
  • The 5-year median for Operating Leases is $165.1 million (2022), against an average of $163.0 million.
  • The widest annual swing landed in 2023, when Operating Leases retreated 6.94%; it then climbed 14.11% in 2025.
  • A 5-year view of Operating Leases shows it stood at $162.7 million in 2022, then decreased by 5.8% to $153.2 million in 2023, then climbed by 13.08% to $173.3 million in 2024, then fell by 4.66% to $165.2 million in 2025, then slipped 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 25.91 Bn 26.13 Bn -
2 Equity Residential 25.13 Bn 25.27 Bn -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn
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
9 Camden Property Trust 11.27 Bn 11.34 Bn -
10 Millrose Properties 4.59 Bn 4.59 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
Mar 31, 2021 179.97 Mn
Dec 31, 2020 181.48 Mn
Sep 30, 2020 182.86 Mn
Jun 30, 2020 183.51 Mn
Mar 31, 2020 185.03 Mn
Dec 31, 2019 140.47 Mn
Sep 30, 2019 136.71 Mn
Jun 30, 2019 138.16 Mn
Mar 31, 2019 140.44 Mn