AvalonBay Communities, Inc. (AVB)

USD 200.92

(4.1%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 2.78 Billion 2.59 Billion 2.29 Billion 2.3 Billion 2.32 Billion 2.28 Billion
Cost of Revenue 988.13 Million 919.11 Million 853.94 Million 823.1 Million 768.1 Million 762.85 Million
Gross Profit 1.79 Billion 1.67 Billion 1.44 Billion 1.47 Billion 1.55 Billion 1.52 Billion
Operating Expenses 1.77 Billion 905.6 Million 828.2 Million 767.67 Million 719.62 Million 687.4 Million
Selling, General and Administrative Expenses 76.53 Million 74.06 Million 69.61 Million 60.34 Million 58.04 Million 56.2 Million
Research and Development Expenses - 16.56 Million 3.23 Million 12.39 Million 0.34 0.43
Other Expenses - 814.97 Million 758.59 Million 707.33 Million 661.57 Million 631.19 Million
Cost and Expenses 1.06 Billion 1.82 Billion 1.68 Billion 1.59 Billion 1.48 Billion 1.45 Billion
Operating Income 2.08 Billion 822.11 Million 651.28 Million 716.9 Million 845.55 Million 826.41 Million
Interest Expense 205.99 Million 230.07 Million 220.41 Million 214.15 Million 203.58 Million 220.97 Million
Income Tax Expense 10.15 Million 14.64 Million 5.73 Million -3.24 Million 13 Million -160 Thousand
Earnings before Tax 938.59 Million 1.15 Billion 1.01 Billion 824.45 Million 799.1 Million 974.17 Million
Net Income 928.82 Million 1.13 Billion 1 Billion 827.63 Million 785.97 Million 974.52 Million
Earnings Per Share Basic 6.57 8.13 7.19 5.89 5.64 7.05
Earnings Per Share Diluted 6.56 8.11 7.17 5.88 5.63 7.05
Weighted Average Shares Outstanding 141.3 Million 139.63 Million 139.38 Million 140.09 Million 139.42 Million 138.24 Million
Weighted Average Shares Outstanding (Diluted) 141.64 Million 139.97 Million 139.71 Million 140.43 Million 139.57 Million 138.28 Million
Gross Margin 0.64 0.65 0.63 0.64 0.67 0.67
EBIT Margin 0.61 0.63 0.61 0.62 0.65 0.65
Profit Margin 0.33 0.44 0.44 0.36 0.34 0.43
EBITDA 1.7 Billion 1.63 Billion 1.4 Billion 1.42 Billion 1.5 Billion 1.46 Billion
Earnings Before Tax Margin 0.75 0.32 0.28 0.31 0.36 0.36

Income Statement Charts