AvalonBay Historical Income Statement
AVB Stock | USD 191.45 0.13 0.07% |
Historical analysis of AvalonBay Communities income statement accounts such as Interest Expense of 134.9 M, Selling General Administrative of 80.4 M or Total Revenue of 3 B can show how well AvalonBay Communities performed in making a profits. Evaluating AvalonBay Communities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AvalonBay Communities's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AvalonBay Communities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AvalonBay Communities is a good buy for the upcoming year.
AvalonBay |
About AvalonBay Income Statement Analysis
AvalonBay Communities Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AvalonBay Communities shareholders. The income statement also shows AvalonBay investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AvalonBay Communities Income Statement Chart
AvalonBay Communities Income Statement is one of the three primary financial statements used for reporting AvalonBay's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AvalonBay Communities revenue and expense. AvalonBay Communities Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, AvalonBay Communities' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 80.4 M, whereas Interest Expense is forecasted to decline to about 134.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts AvalonBay Communities generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of AvalonBay Communities minus its cost of goods sold. It is profit before AvalonBay Communities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AvalonBay Communities. It is also known as AvalonBay Communities overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on AvalonBay Communities income statement and represents the costs associated with goods and services AvalonBay Communities provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from AvalonBay Communities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AvalonBay Communities current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvalonBay Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade AvalonBay Stock refer to our How to Trade AvalonBay Stock guide.At present, AvalonBay Communities' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 80.4 M, whereas Interest Expense is forecasted to decline to about 134.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.7B | 1.0B | 878.8M | Total Revenue | 2.3B | 2.6B | 2.8B | 3.0B |
AvalonBay Communities income statement Correlations
Click cells to compare fundamentals
AvalonBay Communities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AvalonBay Communities income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 661.6M | 707.3M | 758.6M | 815.0M | 817.0M | 857.8M | |
Interest Expense | 203.6M | 214.2M | 220.4M | 230.1M | 204.6M | 134.9M | |
Selling General Administrative | 58.0M | 60.3M | 69.6M | 74.1M | 76.5M | 80.4M | |
Total Revenue | 2.3B | 2.3B | 2.3B | 2.6B | 2.8B | 3.0B | |
Gross Profit | 1.6B | 1.5B | 1.4B | 1.7B | 1.0B | 878.8M | |
Other Operating Expenses | 1.5B | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | |
Operating Income | 845.6M | 716.9M | 651.3M | 822.1M | 884.9M | 929.2M | |
Ebit | 845.6M | 716.9M | 651.3M | 822.1M | 884.9M | 460.7M | |
Ebitda | 1.5B | 1.4B | 1.4B | 1.6B | 1.7B | 1.8B | |
Total Operating Expenses | 719.6M | 767.7M | 828.2M | 905.6M | 134.4M | 127.7M | |
Net Income | 786.0M | 827.6M | 1.0B | 1.1B | 928.8M | 490.7M | |
Income Tax Expense | 13.0M | (3.2M) | 5.7M | 14.6M | 10.2M | 9.6M | |
Income Before Tax | 799.1M | 824.5M | 1.0B | 1.2B | 938.6M | 542.9M | |
Total Other Income Expense Net | (46.4M) | 107.6M | 358.8M | 329.0M | 53.7M | 51.0M | |
Cost Of Revenue | 768.1M | 823.1M | 853.9M | 919.1M | 1.8B | 1.9B | |
Net Income Applicable To Common Shares | 786.0M | 827.6M | 1.0B | 1.1B | 1.3B | 1.4B | |
Minority Interest | 129K | 76K | (57K) | 337K | 613K | 582.4K | |
Net Income From Continuing Ops | 812.1M | 827.7M | 1.0B | 1.1B | 927.5M | 708.1M | |
Non Recurring | (208.6M) | 225.5M | 203.6M | 3.1M | 2.8M | 2.7M | |
Non Operating Income Net Other | 175.2M | 325.6M | 621.9M | 595.8M | 685.1M | 719.4M | |
Tax Provision | 13.0M | (3.2M) | 5.7M | 14.6M | 14.4M | 15.1M | |
Interest Income | 8.7M | 6.4M | 38.6M | 53.4M | 48.1M | 32.8M | |
Net Interest Income | (203.6M) | (214.2M) | (220.4M) | (230.1M) | (214.0M) | (224.7M) | |
Reconciled Depreciation | 661.6M | 707.3M | 758.6M | 815.0M | 813.5M | 781.2M |
Pair Trading with AvalonBay Communities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AvalonBay Communities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AvalonBay Communities will appreciate offsetting losses from the drop in the long position's value.Moving against AvalonBay Stock
0.73 | ADC-PA | Agree Realty | PairCorr |
0.67 | DOUG | Douglas Elliman Financial Report 9th of May 2024 | PairCorr |
0.57 | ROIC | Retail Opportunity | PairCorr |
0.56 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
0.53 | FR | First Industrial Realty Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to AvalonBay Communities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AvalonBay Communities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AvalonBay Communities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AvalonBay Communities to buy it.
The correlation of AvalonBay Communities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AvalonBay Communities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AvalonBay Communities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AvalonBay Communities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvalonBay Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade AvalonBay Stock refer to our How to Trade AvalonBay Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for AvalonBay Stock analysis
When running AvalonBay Communities' price analysis, check to measure AvalonBay Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvalonBay Communities is operating at the current time. Most of AvalonBay Communities' value examination focuses on studying past and present price action to predict the probability of AvalonBay Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvalonBay Communities' price. Additionally, you may evaluate how the addition of AvalonBay Communities to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
Is AvalonBay Communities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AvalonBay Communities. If investors know AvalonBay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AvalonBay Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 6.56 | Revenue Per Share 19.683 | Quarterly Revenue Growth 0.107 | Return On Assets 0.0273 |
The market value of AvalonBay Communities is measured differently than its book value, which is the value of AvalonBay that is recorded on the company's balance sheet. Investors also form their own opinion of AvalonBay Communities' value that differs from its market value or its book value, called intrinsic value, which is AvalonBay Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AvalonBay Communities' market value can be influenced by many factors that don't directly affect AvalonBay Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AvalonBay Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvalonBay Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvalonBay Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.