Avalonbay Communities (AVB) Operating Margin (2012 - 2014)
Avalonbay Communities' (AVB) quarterly Operating Margin came in at 67.2% in Q1 2014, down 172.0% YoY from 93.33% in Q1 2013, and down 1.17% on a QoQ basis from 67.99% in Q3 2013.
Avalonbay Communities (AVB) Operating Margin (2012 - 2014) Analysis & Trends
Avalonbay Communities (AVB) has 3 years of Operating Margin data on file, last reported at 67.2% in 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 declined to 67.2% in Q1 2014, from 67.99% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 76.15% in Q4 2012 to a low of 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 slumped 172 bps.
- Tracing AVB's Operating Margin over 3 years: stood at 76.15% in 2012, then slipped by 11 bps to 67.99% in 2013, then dropped by 1 bps to 67.2% in 2014.
- The last three Operating Margin figures came in at 67.2% (Q1 2014), 67.99% (Q3 2013), and 71.16% (Q2 2013), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 6.40% |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 57.37% |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 5.30% |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 24.98% |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 27.23% |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | - |
| 10 | Millrose Properties | 5.09 Bn | 5.09 Bn | - | 85.16% |
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% |