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For the quarter ending 2026-03-31, AVB has $22,126,953K in assets. $10,412,332K in debts. $121,231K in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
47.06%
Unit: Thousand (K) dollars
Assets Breakdown
    • Buildings and improvements
    • Less accumulated depreciation
    • Land and improvements
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Unsecured debt, net
    • Variable rate unsecured credit f...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Land and improvements
4,989,148 4,960,568 4,924,925 4,893,199
Buildings and improvements
21,444,491 21,252,137 21,027,361 20,727,161
Furniture, fixtures and equipment
1,596,077 1,546,813 1,505,473 1,456,106
Gross operating real estate
28,029,716 27,759,518 27,457,759 27,076,466
Less accumulated depreciation
8,914,545 8,686,084 8,555,747 8,416,462
Net operating real estate
19,115,171 19,073,434 18,902,012 18,660,004
Construction in progress, including land
1,575,669 1,458,795 1,428,609 1,399,174
Land held for development
135,134 123,751 126,050 101,066
Real estate assets held for sale, net
0 150,262 69,578 334,245
Total real estate, net
20,825,974 20,806,242 20,526,249 20,494,489
Cash and cash equivalents
121,231 187,234 123,313 102,825
Restricted cash
169,863 165,849 198,578 192,547
Unconsolidated investments
193,271 193,441 206,185 227,207
Deferred development costs
68,765 73,237 101,523 64,221
Prepaid expenses and other assets
602,145 618,597 643,790 605,741
Right of use lease assets
145,704 147,537 149,594 150,915
Total assets
22,126,953 22,192,137 21,949,232 21,837,945
Unsecured debt, net
7,881,320 7,879,380 7,780,713 7,285,235
Variable rate unsecured credit facility and commercial paper, net
769,722 739,608 234,981 664,637
Mortgage notes payable, net
709,176 709,564 709,942 710,223
Dividends payable
251,694 250,548 252,757 253,107
Payables for construction
107,546 92,267 97,905 101,619
Accrued expenses and other liabilities
391,768 391,973 406,542 361,219
Lease liabilities
163,517 165,200 167,826 169,319
Accrued interest payable
76,415 68,591 75,834 58,667
Resident security deposits
61,174 60,689 61,237 63,621
Total liabilities
10,412,332 10,357,820 9,787,737 9,667,647
Common stock, 0.01 par value 280,000,000 shares authorized at march31, 2026 and december31, 2025 139,111,007 and 140,080,657 shares issued and outstanding at march31, 2026 and december31, 2025, respectively
1,391 1,401 1,415 1,423
Additional paid-in capital
11,117,451 11,212,296 11,271,388 11,323,160
Accumulated earnings less dividends
339,630 371,157 638,898 595,535
Accumulated other comprehensive income
32,453 26,486 26,214 27,601
Total stockholders' equity
11,490,925 11,611,340 11,937,915 11,947,719
Noncontrolling interests
223,696 222,977 223,580 222,579
Total equity
11,714,621 11,834,317 12,161,495 12,170,298
Total liabilities and equity
22,126,953 22,192,137 21,949,232 21,837,945
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Buildings andimprovements$21,444,491K (3.97%↑ Y/Y)Land andimprovements$4,989,148K (1.74%↑ Y/Y)Furniture, fixtures andequipment$1,596,077K (11.93%↑ Y/Y)Gross operating realestate$28,029,716K (3.98%↑ Y/Y)Net operating realestate$19,115,171K (2.75%↑ Y/Y)Construction in progress,including land$1,575,669K (31.49%↑ Y/Y)Land held fordevelopment$135,134K (-4.82%↓ Y/Y)Less accumulateddepreciation$8,914,545K (6.74%↑ Y/Y)Total real estate, net$20,825,974K (4.12%↑ Y/Y)Prepaid expenses andother assets$602,145K (7.65%↑ Y/Y)Unconsolidated investments$193,271K (-14.72%↓ Y/Y)Restricted cash$169,863K (2.42%↑ Y/Y)Right of use leaseassets$145,704K (-5.23%↓ Y/Y)Cash and cashequivalents$121,231K (127.64%↑ Y/Y)Deferred developmentcosts$68,765K (26.28%↑ Y/Y)Total assets$22,126,953K (4.30%↑ Y/Y)Total liabilities andequity$22,126,953K (4.30%↑ Y/Y)Total equity$11,714,621K (-1.69%↓ Y/Y)Total liabilities$10,412,332K (11.97%↑ Y/Y)Total stockholders'equity$11,490,925K Noncontrolling interests$223,696K Unsecured debt, net$7,881,320K (7.07%↑ Y/Y)Variable rate unsecuredcredit facility and...$769,722K (242.19%↑ Y/Y)Mortgage notes payable,net$709,176K (-1.21%↓ Y/Y)Accrued expenses andother liabilities$391,768K (11.34%↑ Y/Y)Dividends payable$251,694K (0.13%↑ Y/Y)Lease liabilities$163,517K (-5.06%↓ Y/Y)Payables forconstruction$107,546K (30.27%↑ Y/Y)Accrued interestpayable$76,415K (1.75%↑ Y/Y)Resident securitydeposits$61,174K (-2.69%↓ Y/Y)Additional paid-in capital$11,117,451K (-1.68%↓ Y/Y)Accumulated earnings lessdividends$339,630K (-41.09%↓ Y/Y)Accumulated othercomprehensive income$32,453K (6.63%↑ Y/Y)Common stock, 0.01 parvalue 280,000,000...$1,391K (-2.25%↓ Y/Y)

2023-Citi-Presentation-(FINAL)-2-pdf-svg

AVALONBAY COMMUNITIES INC (AVB)

2023-Citi-Presentation-(FINAL)-2-pdf-svg

AVALONBAY COMMUNITIES INC (AVB)