Avalonbay Communities (AVB) Operating Leases (2019 - 2026)
Avalonbay Communities (AVB) posted Operating Leases of $163.5 million for Q1 2026, down 1.02% on a QoQ basis from $165.2 million in Q4 2025, and down 5.06% year-over-year from $172.2 million in Q1 2025.
Avalonbay Communities (AVB) Operating Leases (2019 - 2026) Analysis & Trends
Avalonbay Communities' Operating Leases history runs 8 years deep, the most recent figure standing at $163.5 million for Q1 2026.
- Quarterly Operating Leases fell 5.06% year-over-year to $163.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $163.5 million (down 5.06% YoY) and the FY2025 annual result came in at $165.2 million, down 4.66% from the prior year.
- Operating Leases was $163.5 million for Q1 2026 at Avalonbay Communities, 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.
- A 5-year average of $163.0 million and a median of $165.1 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases dropped 6.94% — and 2025, when it rose 14.11%.
- Avalonbay Communities' Operating Leases stood at $162.7 million in 2022, then slipped by 5.8% to $153.2 million in 2023, then grew by 13.08% to $173.3 million in 2024, then retreated by 4.66% to $165.2 million in 2025, then dropped by 1.02% to $163.5 million in 2026.
- Business Quant data shows AVB's Operating Leases at $163.5 million in Q1 2026, $165.2 million in Q4 2025, and $167.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - |
| 10 | Millrose Properties | 4.70 Bn | 4.70 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |