Avalonbay Communities (AVB) Operating Margin (2012 - 2014)

Avalonbay Communities (AVB) has reported Operating Margin for 3 consecutive years, with 67.2% the latest figure, recorded in Q1 2014.

• For the quarter ending Q1 2014, Operating Margin fell 172.0% year-over-year to 67.2%; the trailing twelve-month figure through Mar 2014 stood at 64.69% (down 623.0% YoY), and the FY2012 full-year result was 70.79%, up 142.0% from the prior year.
• Operating Margin slipped to 67.2% in Q1 2014 per AVB's latest filing, 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.
• Historically, Operating Margin has averaged 70.04% across 3 years, with a median of 68.92% in 2013.
• The sharpest annual moves came in 2013 and 2014: Operating Margin jumped 116 bps in 2013, then tumbled 172 bps in 2014.
• Over 3 years, 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.
• According to Business Quant data, Operating Margin over the past three periods registered 67.2%, 67.99%, and 71.16% for Q1 2014, Q3 2013, and Q2 2013 respectively.