AvalonBay Communities, Inc. (AVB) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 22.13B | 22.19B | 21.95B | 21.84B | 21.22B | 21B | 21.31B | 21.04B | 20.64B | 20.68B | 20.7B | 20.81B | 20.17B | 20.46B | 20.16B | 19.77B | 19.87B | 19.9B | 19.48B | 19.32B |
| Asset Growth % | 4.3% | 5.67% | 3.01% | 3.81% | 2.78% | 1.56% | 2.93% | 1.11% | 2.31% | 1.08% | 2.67% | 5.25% | 1.54% | 2.79% | 3.52% | 2.34% | 3.92% | 3.66% | 1.75% | -0.18% |
| Real Estate & Other Assets | 816.61M | 165.85M | 21.27B | 21.16B | 20.62B | 20.35B | 20.13B | 19.92B | 19.86B | 19.79B | 19.57B | 19.47B | 19.41B | 19.37B | 19.28B | 19.1B | 19.01B | 18.96B | 18.66B | 18.41B |
| PP&E (Net) | 20.83B | 20.81B | 149.59M | 150.91M | 153.74M | 154.65M | 156.99M | 133.2M | 132.47M | 134.67M | 135.78M | 136.18M | 138.26M | 143.33M | 145.7M | 147.17M | 148.29M | 146.6M | 152.32M | 154.44M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 291.09M | 187.23M | 321.89M | 295.37M | 219.11M | 267.08M | 792.48M | 765.35M | 423.55M | 530.96M | 780.11M | 986.02M | 412.41M | 734.25M | 524.08M | 296.44M | 491.92M | 577.54M | 469.29M | 519.46M |
| Cash & Equivalents | 121.23M | 187.23M | 123.31M | 102.83M | 53.26M | 108.58M | 552.36M | 545.77M | 287.89M | 397.89M | 508.57M | 769.62M | 254.47M | 613.19M | 201M | 152.52M | 343.46M | 420.25M | 322.29M | 297.04M |
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 169.86M | 0 | 198.58M | 192.55M | 165.85M | 158.5M | 240.12M | 219.58M | 135.66M | 133.07M | 271.54M | 177.38M | 121.6M | 84.24M | 286.13M | 107.67M | 113.95M | 123.54M | 113.56M | 190.07M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 10.41B | 10.36B | 9.79B | 9.67B | 9.3B | 9.06B | 9.42B | 9.3B | 8.93B | 8.89B | 8.92B | 8.99B | 9B | 9.2B | 8.95B | 8.85B | 8.89B | 8.97B | 8.69B | 8.4B |
| Total Debt | 9.36B | 9.33B | 8.89B | 8.83B | 8.48B | 8.25B | 8.55B | 8.53B | 8.13B | 8.14B | 8.1B | 8.22B | 8.22B | 8.48B | 8.18B | 8.17B | 8.17B | 8.27B | 7.95B | 7.71B |
| Net Debt | 9.24B | 9.14B | 8.77B | 8.73B | 8.42B | 8.14B | 8B | 7.98B | 7.85B | 7.74B | 7.59B | 7.45B | 7.97B | 7.87B | 7.98B | 8.02B | 7.83B | 7.85B | 7.63B | 7.41B |
| Long-Term Debt | 8.59B | 8.59B | 8.49B | 8B | 8.08B | 8.08B | 8.38B | 8.37B | 7.98B | 7.98B | 7.88B | 8.06B | 8.07B | 8.32B | 7.97B | 8B | 8.01B | 8.1B | 7.78B | 7.53B |
| Short-Term Borrowings | 769.72M | 739.61M | 234.98M | 664.64M | 224.94M | 0 | 0 | 0 | 0 | 162K | 69.99M | 0 | 0 | 0 | 49.98M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 167.83M | 169.32M | 172.23M | 173.28M | 175.4M | 151.59M | 150.93M | 153.23M | 154.45M | 154.96M | 157.41M | 162.67M | 165.05M | 166.52M | 167.97M | 166.5M | 174.92M | 177.45M |
| Total Current Liabilities | 830.9M | 739.61M | 1.07B | 1.44B | 985.85M | 746.28M | 808.6M | 704.7M | 726.56M | 694.55M | 828.2M | 706.39M | 714.5M | 659.11M | 754.8M | 617.17M | 654.76M | 635.72M | 674.19M | 635.34M |
| Accounts Payable | 0 | 0 | 97.91M | 101.62M | 82.55M | 85.95M | 81.26M | 83.91M | 87.17M | 87.7M | 95.76M | 88.96M | 84.98M | 72.8M | 72.58M | 58.7M | 66.85M | 63.72M | 57.97M | 66.31M |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 990.94M | 0 | 61.24M | 63.62M | 62.86M | 62.83M | 64.27M | 65.21M | 64.44M | 63.81M | 63.86M | 65.07M | 64.1M | 63.7M | 63.51M | 62.95M | 61.23M | 59.79M | 59.19M | 58.58M |
| Total Equity | 11.71B | 11.83B | 12.16B | 12.17B | 11.92B | 11.94B | 11.88B | 11.74B | 11.72B | 11.78B | 11.78B | 11.82B | 11.17B | 11.26B | 11.21B | 10.92B | 10.98B | 10.94B | 10.79B | 10.91B |
| Equity Growth % | -1.69% | -0.89% | 2.33% | 3.65% | 1.71% | 1.33% | 0.9% | -0.64% | 4.87% | 4.7% | 5.05% | 8.21% | 1.74% | 2.92% | 3.91% | 0.09% | 2.89% | 1.69% | 1.11% | 0.35% |
| Shareholders Equity | 11.49B | 11.61B | 11.94B | 11.95B | 11.92B | 11.94B | 11.88B | 11.74B | 11.71B | 11.78B | 11.78B | 11.82B | 11.17B | 11.25B | 11.21B | 10.92B | 10.98B | 10.93B | 10.79B | 10.91B |
| Minority Interest | 223.7M | 222.98M | 223.58M | 222.58M | 0 | 0 | 0 | 0 | 1.47M | 1.47M | 1.81M | 1.59M | 2.81M | 2.76M | 3.41M | 3.48M | 3.89M | 3.93M | 3.71M | 3.61M |
| Common Stock | 1.39M | 1.4M | 1.42M | 1.42M | 1.42M | 1.42M | 1.42M | 1.42M | 1.42M | 1.42M | 1.42M | 1.42M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M |
| Additional Paid-in Capital | 11.12B | 11.21B | 11.27B | 11.32B | 11.31B | 11.31B | 11.3B | 11.29B | 11.28B | 11.29B | 11.28B | 11.27B | 10.76B | 10.77B | 10.74B | 10.73B | 10.71B | 10.72B | 10.68B | 10.67B |
| Retained Earnings | 339.63M | 371.16M | 638.9M | 595.53M | 576.49M | 591.25M | 551.44M | 421.13M | 409.37M | 478.16M | 470.98M | 534.29M | 401.88M | 485.22M | 466.89M | 195.03M | 278.95M | 240.82M | 128.55M | 272.4M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 1.47% | 0.75% | 1.74% | 1.25% | 1.12% | 1.33% | 1.76% | 1.22% | 0.84% | 1.17% | 0.83% | 1.8% | 0.72% | 1.19% | 2.48% | 0.7% | 1.32% | 1.7% | 0.41% | 2.33% |
| Return on Equity (ROE) | 2.77% | 1.38% | 3.13% | 2.23% | 1.98% | 2.37% | 3.15% | 2.17% | 1.48% | 2.05% | 1.46% | 3.2% | 1.31% | 2.15% | 4.47% | 1.26% | 2.39% | 3.08% | 0.73% | 4.14% |
| Debt / Assets | 42.3% | 42.04% | 40.52% | 40.43% | 39.95% | 39.29% | 40.13% | 40.53% | 39.41% | 39.34% | 39.13% | 39.5% | 40.77% | 41.45% | 40.58% | 41.32% | 41.13% | 41.55% | 40.83% | 39.92% |
| Debt / Equity | 0.80x | 0.79x | 0.73x | 0.73x | 0.71x | 0.69x | 0.72x | 0.73x | 0.69x | 0.69x | 0.69x | 0.70x | 0.74x | 0.75x | 0.73x | 0.75x | 0.74x | 0.76x | 0.74x | 0.71x |
| Net Debt / EBITDA | 20.46x | 19.81x | 19.56x | 18.96x | 18.42x | 18.45x | 18.23x | 17.90x | 17.96x | 17.73x | 17.93x | 17.39x | 19.21x | 18.74x | 19.47x | 20.24x | 20.91x | 21.01x | 22.29x | 22.41x |
| Book Value per Share | 83.19 | 83.35 | 84.73 | 84.93 | 83.63 | 83.68 | 83.39 | 82.46 | 82.38 | 82.86 | 82.84 | 83.15 | 79.79 | 80.40 | 80.11 | 78.04 | 78.45 | 78.16 | 77.23 | 78.13 |