Financial insights of AVB

MyFinsight

For the quarter ending 2026-03-31, AVB made $770,279K in revenue. $325,730K in net income. Net profit margin of 42.29%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	770,279	767,854	766,796	760,195
Operating expenses, excluding property taxes	198,419	196,723	203,478	190,940
Property taxes	90,109	85,132	89,749	86,031
Expensed transaction, development and other pursuit costs, net of recoveries	-3,416	-2,217	-1,392	-2,493
Interest expense, net	71,489	69,106	65,410	64,801
Loss on extinguishment of debt, net	-	0	-	-
Depreciation expense	233,104	233,387	230,371	231,730
General and administrative expense	22,077	21,874	22,028	22,997
Casualty and impairment loss	4,619	418	0	858
Total expenses	623,233	608,857	612,428	599,850
Gain from unconsolidated investments	-6,527	-745	42,487	-1,052
Structured investment program interest income	7,481	7,594	6,832	6,937
Loss on sale of communities	179,912	-368	180,155	99,457
Other real estate activity	84	212	127	3,637
Income before income taxes	327,996	165,690	383,969	269,324
Income tax benefit	-294	-295	-193	-531
Net income	328,290	165,985	384,162	269,855
Net income attributable to noncontrolling interests	2,560	1,252	2,856	1,190
Net income attributable to common stockholders	325,730	164,733	381,306	268,665
(gain) loss on cash flow hedges	-	1,336	36	-2,263
Cash flow hedge (gains) losses reclassified to earnings	-	1,064	1,423	570
Comprehensive income	-	165,005	379,919	265,832

Basic EPS	2.33	1.174	2.68	1.89
Diluted EPS	2.33	1.162	2.68	1.88
Basic Average Shares	139,549,709	140,559,179	142,089,075	142,195,859
Diluted Average Shares	140,812,786	141,991,263	143,535,401	143,292,306

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.