Avalonbay Communities (AVB) Operating Margin (2012 - 2014)
Avalonbay Communities (AVB) posted Operating Margin of 67.2% for Q1 2014, down 1.17% on a QoQ basis from 67.99% in Q3 2013, and down 172.0% year-over-year from 93.33% in Q1 2013.
Avalonbay Communities (AVB) Operating Margin (2012 - 2014) Analysis & Trends
Avalonbay Communities' Operating Margin history runs 3 years deep, the most recent figure standing at 67.2% for Q1 2014.
- Quarterly Operating Margin fell 172.0% year-over-year to 67.2% in Q1 2014, while the trailing twelve-month figure through Mar 2014 was 64.69% (down 623.0% YoY) and the FY2012 annual result came in at 70.79%, up 142.0% from the prior year.
- Operating Margin was 67.2% for Q1 2014 at Avalonbay Communities, down from 67.99% in the prior quarter.
- Across five years, Operating Margin topped out at 76.15% in Q4 2012 and bottomed at 67.2% in Q1 2014.
- A 3-year average of 70.04% and a median of 68.92% in 2013 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2013 — Operating Margin soared 116 bps — and 2014, when it sank 172 bps.
- Avalonbay Communities' Operating Margin stood at 76.15% in 2012, then declined by 11 bps to 67.99% in 2013, then fell by 1 bps to 67.2% in 2014.
- Business Quant data shows AVB's Operating Margin at 67.2% in Q1 2014, 67.99% in Q3 2013, and 71.16% in Q2 2013.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (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 | 5.48% |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 59.64% |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 1.34% |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | 53.96% |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 28.26% |
| 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 | - | 85.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2014 | 67.20% |
| Sep 30, 2013 | 67.99% |
| Jun 30, 2013 | 71.16% |
| Mar 31, 2013 | 68.92% |
| Dec 31, 2012 | 76.15% |
| Sep 30, 2012 | 68.86% |
| Jun 30, 2012 | 70.00% |