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
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