AvalonBay Communities, Inc. Financial Ratios — AVB Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	11.46	7.55	4.58	7.75	7.86	10.33	8.53	9.27	7.27	7.61	9.26	10.25	8.06	9.12	8.93
Return on Assets (%)	5.42	4.32	2.67	4.34	4.49	5.94	4.83	5.3	4.19	4.32	5.14	5.63	4.52	5.19	4.87
Return on Capital (%)	7.95	6	4.13	5.6	5.76	7.29	6.16	- -	5.46	- -	6.49	7.01	5.71	6.52	- -
Return on Invested Capital (%)	4.02	3.91	2.77	3.98	4.34	4.68	4.57	- -	4.56	- -	3.23	3.98	4.42	4.56	- -
Gross Margin (%)	62.69	64.33	65.07	65.03	65.4	66.59	66.54	66.45	66.96	64.23	62.79	64.56	64.3	63.16	63.14
EBITDA Margin (%)	59.43	60.92	62.36	62.57	63.09	64.35	64.05	63.8	64.46	61.61	59.76	61.7	61.54	60.49	60.29
Operating Margin (%)	34.24	36.57	24.07	36.3	37.34	38.37	36.99	36.17	36	30.87	26.7	30.28	32.02	31.43	30.25
Incremental Operating Margin (%)	81.83	57.48	-2.99	116.83	47.63	48.46	12.09	22.18	26.16	541.04	1,525.25	57.8	57.89	20.21	3.16
Pretax Margin (%)	15.58	25.03	3.95	39.67	40.04	50.56	40.62	42.64	34.38	35.83	44.02	44.38	33.91	37.16	34.71
Profit Margin (%)	49.06	42.36	24.14	40.57	39.98	50.56	40.62	42.66	33.81	35.96	43.76	43.83	33.56	37.13	34.57
Net Income to Common Margin (%)	49.06	42.36	24.14	40.57	39.98	50.56	40.62	42.66	33.81	35.96	43.76	43.83	33.56	37.13	34.57
Effective Tax Rate (%)	- -	- -	- -	1.4	0.2	0.03	0.02	- -	1.63	- -	0.57	1.27	1.08	0.04	- -
Dvd Payout Ratio (%)	227.52	146.29	916.16	88.26	88.43	70.37	88.22	82.74	106.86	106.75	88.44	78.3	99.42	88.87	93.45
Sustainable Growth Rate (%)	-14.62	-3.49	-37.35	0.91	0.91	3.06	1.01	1.6	-0.5	-0.51	1.07	2.22	0.05	1.02	0.58

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	3,599	3,851	6,134	6,490	6,457	7,031	7,329	7,040	7,437	7,746	8,270	8,479	8,135	8,251	9,494
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	740
LT Debt	3,599	3,851	6,134	6,490	6,457	7,031	7,329	7,040	7,437	7,746	8,270	8,479	8,135	8,251	8,754
Total Debt/EBITDA	6.73	6.32	6.72	6.16	5.51	5.34	5.3	4.83	4.96	5.46	6.03	5.3	4.78	4.68	5.18
Net Debt/EBITDA	5.58	1.83	6.42	5.67	5.17	5.18	5.25	4.77	4.84	5.18	5.6	4.81	4.45	4.52	4.99
Total Debt/EBIT	11.68	10.52	17.42	10.61	9.32	8.96	9.18	8.52	8.89	10.9	13.5	10.8	9.18	9.01	10.32
Net Debt/EBIT	9.68	3.05	16.62	9.78	8.74	8.69	9.1	8.41	8.67	10.34	12.54	9.81	8.56	8.7	9.94
EBITDA to Interest Expense	3.19	4.45	5.29	5.84	6.67	7.02	6.92	6.6	7.36	6.62	6.22	6.96	8.27	7.78	7.07
EBITDA-CapEx/Interest Expense	-0.62	4.45	5.29	5.84	6.67	7.02	6.92	6.6	7.36	6.62	6.22	6.96	8.27	7.78	7.07
EBIT to Interest Expense	1.84	2.67	2.04	3.39	3.95	4.19	4	3.74	4.11	3.32	2.78	3.41	4.3	4.04	3.55
Interest Expense	168	137	172	181	176	188	200	221	204	214	220	230	206	227	259
Common Equity/Total Assets	51.81	61.26	56.08	56.05	58.12	56.93	56.41	57.85	57.47	56	54.93	55.01	56.98	56.86	52.32
Long-Term Debt/Equity (%)	81.63	56.24	71.19	71.64	65.55	69.07	70.52	66.19	67.65	72.02	75.62	75.32	69.03	69.09	73.97
Long-Term Debt/Capital (%)	44.94	35.99	41.58	41.74	39.6	40.85	41.35	39.83	40.35	41.87	43.06	42.96	40.84	40.86	41.05
Long-Term Debt/Total Assets (%)	42.43	34.51	40.02	40.21	38.14	39.35	39.8	38.3	38.89	40.34	41.55	41.44	39.34	39.29	39.45
Total Debt/Equity (%)	81.63	56.24	71.19	71.64	65.55	69.07	70.52	66.19	67.65	72.02	75.62	75.32	69.03	69.09	80.22
Total Debt/Capital (%)	44.94	35.99	41.58	41.74	39.6	40.85	41.35	39.83	40.35	41.87	43.06	42.96	40.84	40.86	44.51
Total Debt/Total Assets (%)	42.43	34.51	40.02	40.21	38.14	39.35	39.8	38.3	38.89	40.34	41.55	41.44	39.34	39.29	42.78
Net Debt to Equity	67.64	16.32	67.92	66.01	61.48	66.96	69.87	65.33	66.01	68.32	70.25	68.43	64.35	66.73	77.24
Net Debt/Capital (%)	40.35	14.03	40.45	39.76	38.07	40.11	41.13	39.52	39.46	40.19	40.9	40.28	38.85	39.68	43.24
EBITDA	535	610	912	1,054	1,171	1,316	1,383	1,458	1,498	1,418	1,371	1,600	1,703	1,763	1,833
EBITDA-CapEx	-104	610	912	1,054	1,171	1,316	1,383	1,458	1,498	1,418	1,371	1,600	1,703	1,763	1,833
Operating Income (Loss)	308	366	352	612	693	785	798	826	837	710	613	785	886	916	920

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	1.41	6.44	0.53	0.94	0.7	0.36	0.11	0.14	0.06	0.34	0.66	0.93	0.57	0.15	0.12
Current Ratio	1.63	6.62	0.76	1.17	0.94	0.6	0.37	0.39	0.26	0.54	0.91	1.11	0.76	0.36	0.23
Quick Ratio	1.41	6.44	0.53	0.94	0.7	0.36	0.11	0.14	0.06	0.34	0.66	0.93	0.57	0.15	0.12
CFO/Avg Current Liab	1.21	1.25	1.51	1.65	1.93	1.98	2.04	2.04	2.07	1.92	1.88	2.2	2.3	2.23	1.46
Common Equity/Total Assets	51.81	61.26	56.08	56.05	58.12	56.93	56.41	57.85	57.47	56	54.93	55.01	56.98	56.86	52.32
Long-Term Debt/Equity (%)	81.63	56.24	71.19	71.64	65.55	69.07	70.52	66.19	67.65	72.02	75.62	75.32	69.03	69.09	73.97
Long-Term Debt/Capital (%)	44.94	35.99	41.58	41.74	39.6	40.85	41.35	39.83	40.35	41.87	43.06	42.96	40.84	40.86	41.05
Long-Term Debt/Total Assets (%)	42.43	34.51	40.02	40.21	38.14	39.35	39.8	38.3	38.89	40.34	41.55	41.44	39.34	39.29	39.45
Total Debt/Equity (%)	81.63	56.24	71.19	71.64	65.55	69.07	70.52	66.19	67.65	72.02	75.62	75.32	69.03	69.09	80.22
Total Debt/Capital (%)	44.94	35.99	41.58	41.74	39.6	40.85	41.35	39.83	40.35	41.87	43.06	42.96	40.84	40.86	44.51
Total Debt/Total Assets (%)	42.43	34.51	40.02	40.21	38.14	39.35	39.8	38.3	38.89	40.34	41.55	41.44	39.34	39.29	42.78
CFO/Total Liabilities	10.54	12.54	10.79	12.52	15.18	15.09	15.66	16.8	16.26	14.44	13.42	15.45	17.54	17.75	16.13
CFO/CapEx	0.67	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	5.35	6.46	3.95	5.32	6.2	5.55	5.4	5.49	6.34	4.67	6.83	4.41	5.31	6.08	4.34

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	9.42	7.95	6.93	6	6.4	6.84	7.75	8.41	8.12	8.86	10.86	13.46	12.31	12.36	12.58
Accounts Payable Turnover Days	38.73	45.89	52.69	60.87	57.04	53.37	47.09	43.42	44.93	41.18	33.62	27.11	29.64	29.52	29.02
Cash Conversion Cycle	-38.73	-45.89	-52.69	-60.87	-57.04	-53.37	-47.09	-43.42	-44.93	-41.18	-33.62	-27.11	-29.64	-29.52	-29.02
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	34,717	43,325	42,736	60,261	70,457	67,949	68,812	67,332	82,374	62,519	98,593	63,120	74,266	87,397	70,937
- Cash & Cash Equivalents	617	2,734	281	509	401	215	67	92	40	217	420	613	398	109	187
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	14	11	21	13	10	8	6	3	4	3	4	3	1	- -	223
+ Total Debt	3,599	3,851	6,134	6,490	6,457	7,031	7,329	7,040	7,437	7,746	8,270	8,479	8,135	8,251	9,494
Enterprise Value	37,713	44,453	48,609	66,254	76,523	74,772	76,081	74,284	89,775	70,051	106,446	70,988	82,005	95,539	80,466
Total Capital	8,008	10,699	14,751	15,549	16,307	17,210	17,724	17,676	18,430	18,501	19,207	19,735	19,920	20,192	21,328
Total Debt/Capital (%)	44.94	35.99	41.58	41.74	39.6	40.85	41.35	39.83	40.35	41.87	43.06	42.96	40.84	40.86	44.51
Total Debt / EV	0.1	0.09	0.13	0.1	0.08	0.09	0.1	0.09	0.08	0.11	0.08	0.12	0.1	0.09	0.12
EV/Sales	41.9	44.43	33.23	39.32	41.23	36.56	35.24	32.52	38.62	30.44	46.38	27.37	29.63	32.79	26.46
EV/EBITDA	70.51	72.92	53.28	62.84	65.35	56.81	55.03	50.96	59.91	49.41	77.62	44.36	48.15	54.2	43.9
EV/EBIT	122.39	121.48	138.05	108.32	110.41	95.28	95.28	89.89	107.27	98.6	173.73	90.4	92.53	104.33	87.49
EV/Cash Flow to Firm	63.15	65.59	54.21	62.23	61.22	55.48	52.26	48.8	58.98	48.83	74.84	43.05	46.49	52.08	41.68
EV/Free Cash Flow to Firm	30.52	65.59	54.21	62.23	61.22	55.48	52.26	48.8	58.98	48.83	74.84	43.05	46.49	52.08	41.68
Diluted Market Cap	33,113	37,122	42,025	59,890	69,218	68,013	68,799	67,225	81,746	62,926	98,568	63,146	74,066	87,523	72,327
Diluted Enterprise Value	36,109	38,250	47,899	65,883	75,284	74,837	76,067	74,177	89,147	70,458	106,422	71,015	81,805	95,665	81,857
EV per Share	141.87	139.12	134.48	179.64	199.98	194.94	197.25	192.02	228.54	179.76	272.71	181.65	206.73	240.46	205.67
TTM Sales	900	1,001	1,463	1,685	1,856	2,045	2,159	2,285	2,325	2,301	2,295	2,593	2,768	2,914	3,041
TTM EBITDA	535	610	912	1,054	1,171	1,316	1,383	1,458	1,498	1,418	1,371	1,600	1,703	1,763	1,833
TTM Operating Income	308	366	352	612	693	785	798	826	837	710	613	785	886	916	920
TTM Cash Flow to Firm	597	678	897	1,065	1,250	1,348	1,456	1,522	1,522	1,435	1,422	1,649	1,764	1,834	1,931
TTM Free Cash Flow to Firm	1,236	678	897	1,065	1,250	1,348	1,456	1,522	1,522	1,435	1,422	1,649	1,764	1,834	1,931

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	31.01	68.64	58.02	67.55	64.41	58.62	54.76	51.67	61.84	51.6	81.92	44.41	47.48	54.43	43.28
EV/EBIT	122.39	121.48	138.05	108.32	110.41	95.28	95.28	89.89	107.27	98.6	173.73	90.4	92.53	104.33	87.49
Enterprise Value	37,713	44,453	48,609	66,254	76,523	74,772	76,081	74,284	89,775	70,051	106,446	70,988	82,005	95,539	80,466
Low Price	107.54	123.71	116.03	114.16	158.72	158.32	169.5	152.65	168.34	118.17	154.84	158.35	153.07	169.37	166.73
EV/Sales	41.9	44.43	33.23	39.32	41.23	36.56	35.24	32.52	38.62	30.44	46.38	27.37	29.63	32.79	26.46
EV/EBITDA	70.51	72.92	53.28	62.84	65.35	56.81	55.03	50.96	59.91	49.41	77.62	44.36	48.15	54.2	43.9
Price/Earnings	74.27	87.04	118.62	87.37	92.79	65.69	78.37	68.96	103.89	76.03	98.12	55.52	79.7	80.79	68.4
Price/Earnings Average	70.62	88.53	130.27	76.23	86.64	65.38	81.21	68.21	101.27	79.47	81.54	71.5	75.4	74.94	75.12
Price/Earnings High	79.57	97.08	142.42	90.98	94.18	71.3	87.64	76.04	110.42	108.71	98.91	89.04	84.56	87.88	86.85
Price/Earnings Low	61.16	79.41	116.41	61.05	79.99	58.71	74.45	60.48	83.4	56	60.15	54.43	65.16	62.2	62.9
Price/Book Value	7.9	6.34	4.97	6.66	7.16	6.68	6.62	6.33	7.5	5.81	9.02	5.61	6.3	7.32	6.11
Price/Book Value Average	7.51	6.45	5.46	5.81	6.69	6.65	6.86	6.26	7.31	6.08	7.49	7.22	5.96	6.79	6.71
Price/Book Value High	8.46	7.07	5.97	6.94	7.27	7.25	7.41	6.98	7.97	8.31	9.09	9	6.69	7.96	7.76
Price/Book Value Low	6.5	5.78	4.88	4.65	6.17	5.97	6.29	5.55	6.02	4.28	5.53	5.5	5.15	5.64	5.62
Price/Tangible Book Value	7.9	6.34	4.97	6.66	7.16	6.68	6.62	6.33	7.5	5.81	9.02	5.61	6.3	7.32	6.11
Price/Tangible Book Value Average	7.51	6.45	5.46	5.81	6.69	6.65	6.86	6.26	7.31	6.08	7.49	7.22	5.96	6.79	6.71
Price/Tangible Book Value High	8.46	7.07	5.97	6.94	7.27	7.25	7.41	6.98	7.97	8.31	9.09	9	6.69	7.96	7.76
Price/Tangible Book Value Low	6.5	5.78	4.88	4.65	6.17	5.97	6.29	5.55	6.02	4.28	5.53	5.5	5.15	5.64	5.62
Price/Sales	36.44	36.87	28.63	35.44	37.1	33.21	31.84	29.42	35.13	27.34	42.94	24.33	26.74	30	23.65
Price/Sales Average	34.65	37.5	31.45	30.93	34.64	33.06	32.99	29.1	34.24	28.58	35.68	31.34	25.3	27.83	25.97
Price/Sales High	39.04	41.12	34.38	36.91	37.65	36.05	35.6	32.44	37.33	39.1	43.28	39.03	28.38	32.63	30.03
Price/Sales Low	30.01	33.64	28.1	24.76	31.98	29.68	30.25	25.8	28.2	20.14	26.32	23.86	21.87	23.1	21.75
Price/Cash Flow	76.4	68.21	57.83	67.36	64.07	58.54	54.7	51.65	61.78	51.59	81.9	44.38	47.45	54.36	43.03
Price/Cash Flow Average	72.64	69.39	63.51	58.77	59.83	58.27	56.69	51.09	60.22	53.93	68.06	57.16	44.89	50.43	47.26
Price/Cash Flow High	81.84	76.08	69.44	70.15	65.03	63.54	61.18	56.95	65.66	73.77	82.56	71.18	50.35	59.14	54.64
Price/Cash Flow Low	62.91	62.24	56.76	47.07	55.23	52.32	51.97	45.3	49.59	38	50.21	43.51	38.79	41.86	39.57
Price/Free Cash Flow Average	29.48	69.82	63.72	58.94	60.14	58.35	56.75	51.1	60.28	53.93	68.08	57.19	44.92	50.5	47.53
Price/Free Cash Flow High	33.22	76.56	69.66	70.34	65.37	63.63	61.24	56.97	65.73	73.78	82.58	71.22	50.38	59.21	54.95
Price/Free Cash Flow Low	25.53	62.63	56.94	47.19	55.52	52.39	52.03	45.31	49.65	38	50.22	43.54	38.82	41.91	39.8
EV/Sales Average	40	45.17	36.1	34.76	38.71	36.41	36.4	32.19	37.73	31.67	39.12	34.38	28.18	30.62	28.75
EV/Sales High	44.65	49.42	39.09	40.8	41.8	39.4	39.02	35.54	40.84	42.12	46.73	42.07	31.27	35.42	32.75
EV/Sales Low	35.09	40.63	32.68	28.54	35.99	33.03	33.65	28.89	31.63	23.28	29.76	26.89	24.73	25.89	24.59
EV/EBITDA Average	67.31	74.14	57.88	55.55	61.36	56.57	56.83	50.46	58.52	51.4	65.47	55.71	45.8	50.62	47.7
EV/EBITDA High	75.14	81.12	62.68	65.2	66.25	61.22	60.91	55.7	63.36	68.36	78.2	68.18	50.81	58.56	54.33
EV/EBITDA Low	59.05	66.69	52.41	45.62	57.04	51.32	52.54	45.28	49.07	37.79	49.8	43.59	40.19	42.8	40.78
EV/EBIT Average	116.84	123.51	149.97	95.76	103.67	94.88	98.41	89	104.79	102.58	146.54	113.54	88.01	97.43	95.06
EV/EBIT High	130.42	135.13	162.4	112.39	111.93	102.68	105.48	98.25	113.45	136.43	175.02	138.93	97.65	112.71	108.29
EV/EBIT Low	102.49	111.1	135.79	78.64	96.38	86.08	90.98	79.87	87.86	75.42	111.46	88.82	77.24	82.38	81.28
Last Price	130.6	135.59	118.23	163.39	184.13	177.15	178.41	174.05	209.7	160.43	252.59	161.52	187.22	219.97	181.31
High Price	139.91	151.23	141.95	170.14	186.89	192.29	199.52	191.91	222.87	229.4	254.61	259.05	198.66	239.29	230.21
Enterprise Value Average	36,005	45,198	52,806	58,571	71,855	74,459	78,579	73,549	87,698	72,883	89,786	89,158	78,001	89,218	87,435
Enterprise Value High	40,188	49,450	57,183	68,743	77,579	80,579	84,223	81,193	94,948	96,929	107,235	109,102	86,543	103,216	99,598
Enterprise Value Low	31,583	40,657	47,814	48,097	66,800	67,550	72,644	66,005	73,528	53,583	68,292	69,750	68,458	75,435	74,762

Shares Outstanding	266	320	361	369	383	384	386	387	393	390	390	391	397	397	391
Diluted Weighted Avg Shares	254	274	355	367	376	384	386	386	390	392	390	391	396	398	399
Basic Weighted Avg Shares	251	272	354	366	374	383	385	386	389	392	390	391	395	397	397
Revenue per Share	3.58	3.68	4.13	4.61	4.96	5.33	5.6	5.92	5.97	5.87	5.88	6.64	7	7.33	7.67
EBITDA per Share	2.13	2.24	2.57	2.88	3.13	3.43	3.59	3.77	3.85	3.61	3.51	4.1	4.31	4.44	4.62
Operating Income per Share	1.23	1.34	0.99	1.67	1.85	2.05	2.07	2.14	2.15	1.81	1.57	2.01	2.24	2.3	2.32
Basic EPS, GAAP	1.76	1.56	1	1.87	1.98	2.7	2.28	2.52	2.02	2.11	2.57	2.91	2.35	2.72	2.65
Basic EPS from Cont Ops	0.56	0.92	0.16	1.8	1.98	2.7	2.28	2.52	2.02	2.11	2.57	2.91	2.35	2.72	2.66
Diluted EPS, GAAP	1.74	1.55	0.99	1.86	1.97	2.69	2.27	2.52	2.02	2.11	2.57	2.91	2.35	2.72	2.64
Diluted EPS from Cont Ops	0.55	0.91	0.16	1.8	1.97	2.69	2.27	2.52	2.02	2.11	2.57	2.91	2.35	2.72	2.65
Dividend per Share	1.27	1.34	1.49	1.62	1.75	1.9	2.01	2.09	2.16	2.25	2.28	2.28	2.33	2.42	2.5
Cash Flow per Share	1.71	1.99	2.04	2.43	2.87	3.03	3.26	3.37	3.39	3.11	3.08	3.64	3.95	4.05	4.21
Free Cash Flow per Basic Share	-0.83	1.99	2.04	2.43	2.87	3.03	3.26	3.37	3.39	3.11	3.08	3.64	3.95	4.05	4.21
Cash & Equivalents per Share	2.32	8.56	0.78	1.38	1.05	0.56	0.17	0.24	0.1	0.56	1.08	1.57	1	0.27	0.48
Book Value per Share	16.53	21.4	23.78	24.53	25.72	26.52	26.93	27.48	27.98	27.59	28.01	28.8	29.71	30.05	29.68
Tangible Book Value per Share	16.53	21.4	23.78	24.53	25.72	26.52	26.93	27.48	27.98	27.59	28.01	28.8	29.71	30.05	29.68

AvalonBay Communities, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)