Company Quick10K Filing
AvalonBay Communities
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 140 $28,132
10-Q 2019-11-05 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-22 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-02-23 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-02 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-03 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-03 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-04 Quarter: 2015-03-31
10-K 2015-02-19 Annual: 2014-12-31
10-Q 2014-11-04 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-02 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-05 Quarter: 2013-09-30
10-Q 2013-08-02 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-02-22 Annual: 2012-12-31
10-Q 2012-11-02 Quarter: 2012-09-30
10-Q 2012-08-03 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-02-27 Annual: 2011-12-31
10-Q 2011-11-07 Quarter: 2011-09-30
10-Q 2011-08-01 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-02-23 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-05 Quarter: 2010-03-31
10-K 2010-03-01 Annual: 2009-12-31
8-K 2019-12-16 Officers, Exhibits
8-K 2019-10-28 Earnings, Exhibits
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-07-11 Officers
8-K 2019-06-27 Officers, Exhibits
8-K 2019-05-16 Shareholder Vote
8-K 2019-05-15 Other Events, Exhibits
8-K 2019-05-06 Enter Agreement, Exhibits
8-K 2019-05-06 Amend Bylaw, Exhibits
8-K 2019-04-24 Earnings, Exhibits
8-K 2019-02-28 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-13 Officers
8-K 2019-02-04 Earnings, Exhibits
8-K 2019-01-31 Officers
8-K 2018-10-29 Earnings, Exhibits
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-05-29 Other Events, Exhibits
8-K 2018-05-23 Shareholder Vote
8-K 2018-04-25 Earnings, Exhibits
8-K 2018-03-26 Other Events, Exhibits
8-K 2018-02-15 Officers, Exhibits
8-K 2018-01-31 Earnings, Exhibits

AvalonBay Communities Financials

AVB Metrics, Comps, Filings

Annual | Quarterly

Business

AvalonBay Communities, Inc. (the "Company," which term, unless the context otherwise requires, refers to AvalonBay Communities, Inc. together with its subsidiaries), is a Maryland corporation that has elected to be treated as a real estate investment trust ("REIT") for federal income tax purposes. We develop, redevelop, acquire, own and operate multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. We focus on leading metropolitan areas in these regions that we believe are characterized by growing employment in high wage sectors of the economy, higher cost of home ownership and a diverse and vibrant quality of life. We believe these market characteristics offer the opportunity for superior risk-adjusted returns over the long-term on apartment community investments relative to other markets that do not have these characteristics. We believe that Denver, Colorado, and Southeast Florida share these characteristics and we began investing in these markets in 2017.

At January 31, 2019, we owned or held a direct or indirect ownership interest in:

-269 operating apartment communities containing 78,365 apartment homes in 12 states and the District of Columbia, of which 254 communities containing 74,706 apartment homes were consolidated for financial reporting purposes and 15 communities containing 3,659 apartment homes were held by unconsolidated entities in which we hold an ownership interest. Nine of the consolidated communities containing 3,648 apartment homes were under redevelopment, as discussed below;


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Equinix (EQIX) 42,256 49% 21.1 2% 22,887 14,137 5,342 2,631 497 2,380 50,291
Public Storage (PSA) 40,864 73% 19.0 15% 11,113 2,319 2,799 2,031 1,707 2,239 42,459
Welltower (WELL) 32,969 24% 21.1 2% 33,149 16,696 5,070 1,220 651 2,182 46,011
Equity Residential (EQR) 29,209 0% 17.9 4% 20,991 10,175 2,638 0 797 1,610 28,900
AvalonBay Communities (AVB) 28,132 0% 19.9 5% 18,933 8,179 2,298 0 917 1,771 35,217
SBA Communications (SBAC) 27,990 76% 50.1 1% 9,269 12,609 1,945 1,476 131 751 37,634
Digital Realty Trust (DLR) 26,438 0% 19.8 1% 23,430 12,939 3,163 0 326 1,889 37,320
Ventas (VTR) 25,377 75% 19.8 2% 22,989 11,890 3,753 2,801 506 1,796 35,585
Realty Income (O) 21,798 0% 17.5 2% 16,749 7,886 1,400 0 391 1,242 21,758
Essex Property Trust (ESS) 20,040 0% 22.7 3% 12,671 6,289 1,422 0 434 1,133 25,731
Boston Properties (BXP) 19,829 41% 11.0 3% 21,268 13,248 2,851 1,172 634 1,704 18,666
Weyerhaeuser (WY) 19,074 20% 27.0 0% 17,029 8,305 6,881 1,372 1 971 26,222
Alexandria Real Estate Equities (ARE) 16,176 0% 20.7 3% 15,480 7,125 1,366 0 392 1,049 21,727
HCP (HCP) 15,617 59% 12.2 7% 13,713 7,094 1,826 1,084 992 1,776 21,696
Extra Space Storage (EXR) 14,252 75% 16.2 6% 8,391 5,562 943 711 464 874 14,196
WP Carey (WPC) 13,963 97% 19.2 3% 14,192 7,201 1,086 1,051 412 1,034 19,878
Mid America Apartment (MAA) 13,556 0% 57.5 1% 11,275 4,990 407 0 64 235 13,498
Annaly Capital Management (NLY) 13,310 -5.9 -3% 131,801 116,093 0 0 -4,495 -2,005 11,832
Host Hotels & Resorts (HST) 13,227 0% 4.9 9% 12,525 4,910 5,624 0 1,160 2,457 11,917
UDR (UDR) 12,621 0% 37.1 2% 8,197 4,229 1,086 0 183 445 16,484

Balance Sheet ($MM)2009-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash211735028296105115135126
Accounts Receivable
Inventory
PP&E5,9486,5026,8481413,29613,84815,04616,34315,823
Assets7,4588,48211,16015,32816,17716,93117,86718,41518,380
Accounts Payable
Long-Term Debt3,6333,8546,0303286,4817,0777,4047,102
Liabilities4,4024,0734,3126,7117,1187,0817,6888,0217,744
Stockholders' Equity3,0504,3956,8378,5969,046
Income Statement ($MM)2009-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue8529691,0391,4631,6851,8562,0452,1592,285
Cost of Revenue
Gross Profit
R&D
SG&A292934404142465156
Tax9200-0
Net Income1544414243536977421,034877974
Cash Flow ($MM)2009-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating3794295417258871,0571,1431,2561,301
Cash Investing-334-443-623-1,181-817-1,200-1,037-965-597
Cash Financing-43262,199-1,99515834-292-419-689