AvalonBay Communities Inc Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
2,824M
8.91%
1,805M
1,019M
134M
77M
0M
885M
205M
939M
14M
929M
-18.29%
1,940M
-214M
1,702M
814M
885M
2,593M
13.01%
919M
1,674M
906M
74M
17M
822M
230M
1,151M
15M
1,137M
13.19%
1,825M
-230M
1,637M
815M
822M
2,295M
-0.28%
854M
1,441M
828M
70M
3M
651M
220M
1,010M
6M
1,004M
21.35%
1,682M
-220M
1,410M
759M
651M
2,301M
-1.01%
823M
1,478M
768M
60M
12M
717M
214M
824M
-3M
828M
5.30%
1,591M
-214M
1,424M
707M
717M
2,325M
1.75%
768M
1,557M
720M
58M
0M
846M
204M
799M
13M
786M
-19.35%
1,488M
-204M
1,507M
662M
846M
2,285M
5.83%
763M
1,522M
687M
56M
0M
826M
221M
974M
0M
975M
11.13%
1,450M
-221M
1,481M
631M
850M
2,159M
5.54%
719M
1,439M
635M
51M
0M
798M
200M
877M
0M
877M
-15.19%
1,354M
-200M
1,459M
584M
875M
2,045M
10.20%
678M
1,367M
577M
46M
0M
785M
188M
1,034M
0M
1,034M
39.35%
1,256M
-188M
1,386M
0M
855M
1,856M
10.15%
638M
1,218M
520M
42M
0M
693M
176M
744M
2M
742M
8.55%
1,158M
0M
1,246M
0M
768M
1,685M
15.18%
585M
1,100M
484M
41M
0M
612M
181M
669M
0M
684M
93.57%
1,069M
0M
1,208M
0M
765M
1,463M
40.85%
507M
956M
600M
40M
0M
352M
172M
58M
0M
353M
-16.69%
1,107M
0M
901M
0M
341M
1,039M
7.22%
362M
676M
290M
34M
0M
369M
137M
265M
0M
424M
-4.02%
652M
0M
657M
0M
401M
969M
8.20%
353M
615M
284M
29M
3M
331M
168M
166M
0M
442M
151.88%
637M
0M
580M
0M
334M
895M
5.13%
363M
532M
259M
27M
0M
273M
175M
98M
0M
175M
12.65%
623M
0M
505M
0M
273M
852M
-0.31%
336M
516M
248M
29M
6M
242M
150M
201M
0M
156M
-62.17%
584M
0M
520M
0M
310M
854M
5.10%
241M
613M
-20M
43M
0M
282M
115M
411M
0M
411M
14.89%
221M
0M
828M
0M
634M
813M
10.23%
243M
570M
283M
28M
0M
287M
98M
248M
0M
358M
28.65%
526M
0M
468M
0M
287M
737M
9.93%
479M
737M
467M
25M
0M
270M
111M
278M
0M
278M
-13.64%
467M
0M
416M
0M
243M
671M
3.43%
442M
671M
442M
26M
0M
229M
127M
322M
0M
322M
46.71%
442M
0M
399M
0M
229M
648M
6.36%
431M
648M
431M
18M
0M
218M
131M
220M
0M
220M
-19.07%
431M
0M
385M
0M
218M
610M
-4.59%
401M
610M
535M
14M
0M
74M
135M
272M
0M
272M
56.39%
535M
0M
232M
0M
74M
639M
-0.42%
375M
639M
512M
14M
0M
127M
121M
174M
0M
174M
-30.27%
512M
0M
282M
0M
133M
642M
11.90%
359M
642M
359M
15M
0M
282M
0M
250M
0M
249M
18.23%
359M
0M
416M
0M
282M
573M
13.65%
325M
573M
325M
13M
0M
248M
0M
213M
0M
211M
22.25%
325M
0M
374M
0M
248M
505M
42.98%
0M
505M
313M
10M
0M
192M
0M
0M
0M
172M
82.43%
313M
0M
305M
0M
192M
353M
179.99%
0M
353M
212M
8M
0M
141M
0M
145M
0M
94M
142.51%
212M
0M
217M
0M
137M
126M
52.60%
0M
126M
87M
6M
0M
39M
0M
0M
0M
39M
98.42%
87M
0M
66M
0M
39M
83M
47.75%
0M
83M
62M
4M
0M
20M
0M
0M
0M
20M
70.66%
62M
0M
39M
0M
20M
56M
74.69%
0M
56M
-31M
3M
0M
86M
0M
0M
0M
12M
53.33%
31M
0M
100M
0M
86M
32M
-
0M
32M
-18M
2M
0M
50M
0M
0M
0M
8M
53.33%
18M
0M
59M
0M
50M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
4Q1996
3Q1996
2Q1996
1Q1996
4Q1995
3Q1995
2Q1995
1Q1995
4Q1994
3Q1994
2Q1994
1Q1994
705M
5.23%
461M
244M
28M
18M
0M
215M
49M
245M
2M
242M
0.28%
489M
-49M
426M
211M
215M
698M
4.86%
254M
444M
240M
20M
19M
206M
48M
176M
4M
172M
-65.23%
494M
-48M
407M
201M
206M
691M
7.18%
245M
446M
219M
18M
1M
232M
52M
368M
0M
368M
165.76%
464M
-52M
432M
201M
232M
675M
9.90%
239M
435M
228M
20M
3M
207M
57M
150M
4M
147M
-43.94%
467M
-57M
412M
205M
207M
670M
11.39%
229M
441M
235M
21M
7M
213M
57M
248M
7M
241M
-28.02%
464M
-57M
420M
207M
213M
665M
14.55%
241M
425M
221M
15M
0M
241M
57M
500M
6M
495M
526.94%
462M
-57M
447M
207M
241M
645M
14.74%
227M
417M
221M
21M
2M
197M
59M
138M
0M
138M
-69.09%
448M
-59M
396M
199M
197M
614M
11.39%
222M
392M
219M
17M
1M
172M
57M
265M
2M
262M
84.25%
441M
-57M
374M
202M
172M
601M
8.17%
211M
390M
214M
16M
0M
395M
56M
340M
4M
335M
-1.74%
425M
-56M
379M
197M
182M
581M
2.36%
221M
360M
211M
17M
0M
149M
56M
81M
2M
79M
-46.57%
432M
-56M
349M
194M
155M
562M
-2.54%
212M
349M
203M
18M
0M
146M
56M
448M
0M
448M
162.22%
415M
-56M
357M
184M
173M
551M
-8.40%
209M
342M
201M
17M
0M
141M
53M
141M
-1M
142M
-15.33%
410M
-53M
324M
183M
141M
556M
-6.36%
213M
343M
191M
13M
0M
151M
52M
339M
-2M
341M
103.48%
404M
-52M
329M
178M
151M
567M
-3.44%
213M
355M
189M
14M
0M
165M
53M
148M
0M
148M
-47.19%
402M
-53M
346M
175M
170M
576M
-0.15%
198M
378M
192M
16M
0M
186M
53M
170M
-1M
171M
1.51%
390M
-53M
363M
176M
187M
602M
6.26%
199M
403M
195M
17M
0M
207M
56M
168M
0M
168M
-1.41%
394M
-56M
386M
178M
209M
594M
2.60%
190M
403M
184M
13M
0M
219M
54M
169M
2M
168M
-56.54%
374M
-54M
398M
171M
227M
588M
2.02%
198M
390M
178M
13M
0M
212M
51M
291M
11M
280M
45.30%
376M
-51M
379M
165M
213M
577M
1.41%
195M
382M
182M
19M
0M
200M
50M
168M
0M
168M
-33.92%
377M
-50M
363M
163M
201M
566M
0.96%
185M
381M
176M
14M
0M
206M
48M
170M
0M
170M
20.28%
361M
-48M
367M
162M
205M
579M
4.18%
190M
389M
173M
14M
0M
213M
55M
386M
0M
386M
62.36%
363M
0M
377M
159M
218M
576M
4.63%
192M
384M
170M
14M
0M
211M
54M
192M
0M
192M
-19.21%
363M
0M
378M
157M
221M
569M
7.30%
190M
379M
171M
15M
0M
206M
57M
255M
0M
255M
54.13%
361M
0M
365M
157M
209M
561M
7.36%
190M
371M
173M
14M
0M
196M
55M
142M
0M
142M
-39.95%
363M
0M
359M
159M
200M
555M
7.15%
180M
375M
169M
12M
0M
205M
53M
237M
0M
238M
-1.92%
349M
0M
364M
157M
206M
551M
6.64%
186M
365M
157M
12M
0M
207M
48M
238M
0M
238M
-33.15%
342M
0M
406M
145M
261M
531M
5.62%
179M
352M
155M
14M
0M
195M
50M
165M
0M
165M
-16.32%
334M
0M
339M
141M
197M
522M
2.72%
175M
348M
154M
13M
0M
193M
49M
236M
0M
236M
-0.86%
329M
0M
351M
141M
210M
518M
7.78%
168M
350M
150M
10M
0M
198M
50M
242M
0M
242M
55.85%
319M
0M
350M
140M
210M
516M
8.59%
176M
340M
144M
12M
0M
195M
48M
356M
0M
356M
72.89%
320M
0M
328M
132M
196M
502M
9.80%
169M
333M
144M
12M
0M
188M
47M
197M
0M
197M
14.58%
313M
0M
349M
132M
216M
508M
14.95%
166M
343M
139M
11M
0M
203M
43M
238M
0M
238M
14.31%
304M
0M
360M
127M
232M
481M
9.12%
157M
324M
134M
11M
0M
191M
42M
156M
0M
155M
8.96%
291M
0M
313M
122M
191M
475M
10.41%
165M
310M
131M
10M
0M
179M
43M
206M
0M
206M
-14.50%
296M
0M
321M
120M
200M
457M
10.55%
157M
301M
129M
10M
0M
169M
45M
174M
0M
172M
9.01%
286M
0M
304M
119M
185M
442M
10.57%
159M
284M
127M
11M
0M
155M
46M
208M
0M
208M
46.85%
286M
0M
308M
117M
191M
441M
11.79%
151M
289M
125M
11M
0M
163M
48M
152M
0M
143M
-43.44%
276M
0M
284M
114M
170M
431M
9.51%
149M
281M
123M
11M
0M
157M
46M
241M
0M
241M
-2,350.12%
272M
0M
401M
112M
289M
414M
6.31%
142M
271M
121M
10M
0M
150M
44M
172M
0M
158M
336.48%
263M
0M
269M
110M
159M
400M
28.18%
142M
258M
116M
9M
0M
99M
43M
103M
0M
142M
87.92%
258M
0M
253M
106M
147M
394M
45.29%
139M
256M
113M
8M
0M
136M
45M
88M
0M
252M
106.13%
252M
0M
252M
102M
147M
393M
44.58%
139M
254M
171M
10M
0M
82M
44M
-14M
0M
-11M
-112.34%
310M
0M
246M
153M
85M
389M
50.40%
131M
258M
207M
11M
0M
50M
43M
2M
0M
36M
-76.92%
338M
0M
245M
195M
49M
312M
23.64%
106M
206M
120M
10M
0M
85M
38M
-11M
0M
75M
30.59%
226M
0M
177M
110M
67M
271M
12.53%
92M
179M
73M
8M
0M
88M
36M
68M
0M
122M
-62.13%
165M
0M
181M
62M
115M
272M
8.30%
94M
178M
77M
8M
1M
101M
34M
87M
0M
87M
93.74%
171M
0M
153M
66M
87M
259M
5.70%
92M
167M
76M
8M
1M
91M
33M
61M
0M
157M
261.77%
167M
0M
156M
65M
91M
252M
7.06%
89M
164M
74M
10M
0M
89M
34M
57M
0M
58M
90.36%
163M
0M
153M
63M
90M
241M
3.97%
88M
153M
69M
8M
2M
84M
78M
49M
0M
323M
1,095.42%
157M
0M
149M
63M
86M
251M
10.32%
93M
158M
70M
6M
1M
88M
44M
46M
0M
45M
81.81%
163M
0M
151M
63M
89M
245M
11.06%
90M
155M
72M
8M
1M
81M
46M
36M
0M
43M
-15.16%
162M
0M
147M
63M
84M
236M
9.38%
93M
143M
69M
7M
0M
30M
44M
31M
0M
30M
-58.16%
162M
0M
136M
61M
75M
232M
19.69%
93M
139M
67M
7M
2M
71M
91M
148M
0M
27M
-16.57%
161M
0M
132M
61M
71M
228M
2.49%
91M
136M
67M
7M
1M
71M
48M
26M
0M
25M
-57.61%
159M
0M
128M
59M
69M
220M
-0.75%
88M
133M
63M
4M
0M
70M
41M
51M
0M
51M
205.72%
151M
0M
127M
57M
69M
216M
-1.78%
87M
129M
67M
9M
1M
62M
43M
72M
0M
73M
53.97%
153M
0M
118M
56M
62M
194M
-12.08%
81M
113M
86M
10M
0M
27M
42M
28M
0M
32M
1,425.86%
167M
0M
79M
57M
23M
222M
1.63%
88M
134M
61M
6M
0M
30M
41M
58M
0M
58M
-75.10%
148M
0M
131M
55M
76M
222M
3.70%
65M
157M
80M
5M
0M
74M
37M
17M
0M
17M
-86.87%
145M
0M
154M
54M
100M
219M
3.61%
65M
154M
82M
7M
0M
73M
29M
76M
0M
47M
-2.78%
147M
0M
125M
53M
73M
220M
3.75%
149M
71M
10M
16M
0M
61M
29M
411M
0M
2M
-98.39%
159M
0M
170M
51M
119M
218M
4.98%
84M
134M
30M
9M
0M
75M
28M
234M
0M
234M
81.40%
115M
0M
153M
41M
104M
214M
6.08%
134M
214M
139M
9M
0M
75M
22M
51M
0M
127M
149.42%
139M
0M
134M
59M
75M
212M
7.69%
133M
212M
137M
8M
0M
75M
47M
44M
0M
48M
4.15%
137M
0M
124M
49M
75M
212M
9.59%
135M
212M
-101M
8M
0M
70M
98M
358M
0M
132M
167.51%
142M
0M
118M
36M
82M
208M
10.90%
126M
208M
133M
7M
0M
75M
27M
0M
0M
129M
185.67%
133M
0M
124M
49M
75M
202M
11.77%
119M
202M
128M
7M
0M
74M
27M
0M
0M
51M
-27.04%
128M
0M
120M
47M
74M
197M
13.17%
119M
197M
126M
7M
0M
70M
29M
114M
0M
47M
-59.22%
126M
0M
119M
50M
69M
194M
10.76%
122M
194M
122M
6M
0M
72M
111M
278M
0M
49M
-49.06%
122M
0M
116M
43M
72M
188M
10.40%
117M
188M
117M
6M
0M
71M
27M
45M
0M
45M
-54.53%
117M
0M
192M
122M
70M
181M
5.12%
115M
181M
116M
6M
0M
64M
37M
33M
0M
70M
22.94%
116M
0M
106M
3M
103M
174M
3.02%
114M
174M
112M
6M
0M
62M
29M
114M
0M
114M
63.88%
112M
0M
89M
5M
84M
175M
8.40%
114M
175M
114M
6M
0M
61M
127M
322M
0M
97M
-15.20%
114M
0M
105M
44M
61M
170M
1.44%
112M
170M
112M
6M
0M
58M
32M
99M
0M
99M
118.51%
112M
0M
99M
41M
58M
172M
5.93%
108M
172M
111M
6M
0M
61M
38M
30M
0M
57M
62.45%
111M
0M
103M
42M
61M
169M
7.54%
107M
169M
112M
7M
0M
57M
38M
28M
0M
70M
175.39%
112M
0M
101M
44M
57M
161M
3.98%
106M
161M
107M
6M
0M
55M
131M
220M
0M
114M
13.75%
107M
0M
96M
42M
55M
168M
9.12%
105M
168M
112M
4M
0M
56M
33M
45M
0M
45M
-20.95%
112M
0M
100M
44M
56M
162M
4.88%
97M
162M
107M
4M
0M
55M
37M
15M
0M
35M
-54.18%
107M
0M
96M
41M
55M
157M
1.90%
103M
157M
105M
4M
0M
52M
37M
18M
0M
25M
-32.39%
105M
0M
93M
41M
52M
155M
-3.79%
97M
155M
236M
3M
0M
-81M
135M
272M
0M
100M
50.03%
236M
0M
-40M
40M
-81M
154M
-4.23%
101M
154M
103M
3M
0M
51M
40M
42M
0M
57M
99.88%
103M
0M
90M
39M
51M
155M
-3.78%
97M
155M
100M
4M
0M
54M
40M
19M
0M
76M
104.76%
100M
0M
93M
39M
54M
154M
-3.84%
97M
154M
100M
4M
0M
54M
40M
19M
0M
37M
-8.18%
100M
0M
93M
39M
54M
161M
0.67%
96M
161M
225M
4M
0M
-63M
121M
174M
0M
67M
7.44%
225M
0M
-24M
40M
-63M
160M
-1.78%
93M
160M
101M
3M
0M
59M
32M
29M
0M
29M
-66.87%
101M
0M
97M
38M
59M
161M
-0.97%
85M
161M
95M
3M
0M
65M
29M
37M
0M
37M
-23.03%
95M
0M
102M
36M
65M
160M
2.79%
87M
160M
93M
4M
0M
67M
36M
37M
0M
41M
-21.08%
93M
0M
102M
35M
67M
160M
5.44%
90M
160M
91M
4M
0M
69M
36M
61M
0M
62M
14.61%
91M
0M
105M
36M
69M
163M
11.56%
90M
163M
91M
3M
0M
72M
27M
87M
0M
87M
48.17%
91M
0M
105M
33M
72M
162M
16.01%
88M
162M
90M
4M
0M
73M
25M
49M
0M
49M
-4.22%
90M
0M
106M
33M
73M
156M
15.30%
88M
156M
88M
4M
0M
68M
23M
52M
0M
52M
9.38%
88M
0M
95M
32M
63M
152M
35.66%
85M
152M
85M
3M
0M
67M
27M
55M
0M
54M
-26.92%
85M
0M
100M
32M
67M
146M
3.87%
83M
146M
83M
3M
0M
64M
27M
59M
0M
58M
32.64%
83M
0M
95M
31M
64M
140M
11.43%
81M
140M
81M
3M
0M
59M
25M
51M
0M
51M
48.12%
81M
0M
91M
32M
59M
135M
7.13%
77M
135M
77M
3M
0M
58M
24M
48M
0M
47M
138.24%
77M
0M
89M
31M
58M
112M
-3.48%
0M
112M
528M
2M
0M
-416M
0M
0M
0M
74M
134.06%
528M
0M
-386M
30M
-416M
141M
17.51%
0M
141M
-74M
2M
0M
215M
0M
222M
0M
44M
40.00%
74M
0M
237M
29M
208M
126M
76.65%
0M
126M
-70M
2M
0M
195M
0M
196M
0M
34M
87.91%
70M
0M
223M
27M
195M
126M
177.75%
0M
126M
-71M
2M
0M
197M
0M
185M
0M
20M
52.31%
71M
0M
236M
28M
208M
116M
211.77%
0M
116M
344M
2M
0M
-228M
0M
0M
0M
32M
163.55%
344M
0M
-196M
32M
-228M
120M
266.67%
0M
120M
-67M
3M
0M
187M
0M
0M
0M
32M
197.17%
67M
0M
211M
24M
187M
71M
138.59%
0M
71M
-40M
2M
0M
111M
0M
0M
0M
18M
114.12%
40M
0M
125M
15M
111M
45M
72.62%
0M
45M
-24M
2M
0M
69M
0M
0M
0M
13M
66.67%
24M
0M
79M
10M
69M
37M
50.79%
0M
37M
133M
2M
0M
-96M
0M
0M
0M
12M
71.38%
133M
0M
-88M
8M
-96M
33M
41.56%
0M
33M
-17M
2M
0M
50M
0M
0M
0M
11M
82.76%
17M
0M
57M
7M
50M
30M
61.96%
0M
30M
-16M
2M
0M
46M
0M
0M
0M
9M
136.11%
16M
0M
52M
6M
46M
26M
59.39%
0M
26M
-14M
1M
0M
40M
0M
0M
0M
8M
143.75%
14M
0M
46M
6M
40M
25M
62.45%
0M
25M
93M
1M
0M
-68M
0M
0M
0M
7M
126.65%
93M
0M
-63M
5M
-68M
23M
69.85%
0M
23M
-12M
1M
0M
36M
0M
0M
0M
6M
176.19%
12M
0M
41M
5M
36M
18M
20.26%
0M
18M
-10M
1M
0M
28M
0M
0M
0M
4M
-18.18%
10M
0M
32M
4M
28M
17M
38.66%
0M
17M
-9M
1M
0M
25M
0M
0M
0M
3M
68.42%
9M
0M
29M
4M
25M
15M
38.18%
0M
15M
-9M
1M
0M
24M
0M
0M
0M
3M
29.17%
9M
0M
28M
4M
24M
14M
29.52%
0M
14M
-8M
1M
0M
21M
0M
0M
0M
2M
-8.70%
8M
0M
25M
3M
21M
15M
70.00%
0M
15M
-7M
1M
0M
23M
0M
0M
0M
4M
83.33%
7M
0M
26M
3M
23M
12M
693.33%
0M
12M
-7M
1M
0M
19M
0M
0M
0M
2M
375.00%
7M
0M
22M
3M
19M
11M
-
0M
11M
-8M
1M
0M
19M
0M
0M
0M
2M
375.00%
8M
0M
22M
3M
19M
11M
-
0M
11M
-5M
1M
0M
16M
0M
3M
0M
2M
375.00%
5M
0M
18M
3M
16M
9M
-
0M
9M
-4M
1M
0M
13M
0M
3M
0M
2M
375.00%
4M
0M
16M
3M
13M
2M
-
0M
2M
-1M
0M
0M
2M
0M
1M
0M
0M
375.00%
1M
0M
3M
0M
2M