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AvalonBay (AVB)
NYSE:AVB
US Market

AvalonBay (AVB) Ratios

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AvalonBay Ratios

AVB's free cash flow for Q4 2025 was $0.68. For the 2025 fiscal year, AVB's free cash flow was decreased by $ and operating cash flow was $0.31. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.25 0.25 0.36 0.76 1.11
Quick Ratio
0.25 0.25 0.36 0.76 1.11
Cash Ratio
0.25 0.25 0.15 0.57 0.93
Solvency Ratio
0.19 0.19 0.21 0.20 0.21
Operating Cash Flow Ratio
2.26 2.27 2.15 2.25 2.16
Short-Term Operating Cash Flow Coverage
2.26 2.27 0.00 9.63K 0.00
Net Current Asset Value
$ -10.17B$ -10.17B$ -8.79B$ -8.36B$ -8.47B
Leverage Ratios
Debt-to-Assets Ratio
0.42 0.42 0.39 0.39 0.41
Debt-to-Equity Ratio
0.80 0.80 0.69 0.69 0.75
Debt-to-Capital Ratio
0.45 0.45 0.41 0.41 0.43
Long-Term Debt-to-Capital Ratio
0.43 0.43 0.40 0.40 0.42
Financial Leverage Ratio
1.91 1.91 1.76 1.75 1.82
Debt Service Coverage Ratio
2.23 2.23 9.51 9.47 9.48
Interest Coverage Ratio
3.53 3.53 4.04 4.30 3.41
Debt to Market Cap
0.40 0.37 0.26 0.30 0.37
Interest Debt Per Share
68.08 68.08 59.70 59.03 62.37
Net Debt to EBITDA
4.10 4.10 3.78 3.94 3.58
Profitability Margins
Gross Profit Margin
66.99%66.99%63.16%64.30%64.56%
EBIT Margin
43.26%43.26%44.93%41.35%53.26%
EBITDA Margin
73.32%73.32%74.00%70.87%84.68%
Operating Profit Margin
30.07%30.07%31.43%32.02%30.28%
Pretax Profit Margin
34.73%34.73%37.16%33.91%44.38%
Net Profit Margin
34.64%34.64%37.13%33.56%43.83%
Continuous Operations Profit Margin
34.77%34.77%37.14%33.54%43.82%
Net Income Per EBT
99.72%99.72%99.94%98.96%98.76%
EBT Per EBIT
115.50%115.50%118.22%105.90%146.58%
Return on Assets (ROA)
4.74%4.74%5.15%4.49%5.56%
Return on Equity (ROE)
8.88%9.06%9.06%7.88%10.10%
Return on Capital Employed (ROCE)
4.26%4.26%4.52%4.44%3.97%
Return on Invested Capital (ROIC)
4.28%4.28%4.52%4.39%3.92%
Return on Tangible Assets
4.74%4.74%5.15%4.49%5.56%
Earnings Yield
4.50%4.12%3.46%3.51%5.04%
Efficiency Ratios
Receivables Turnover
0.00 0.00 0.00 0.00 0.00
Payables Turnover
0.00 0.00 12.49 11.27 12.62
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.15 0.15 18.84 20.55 18.09
Asset Turnover
0.14 0.14 0.14 0.13 0.13
Working Capital Turnover Ratio
-4.68 -5.89 -9.07 -62.58 305.90
Cash Conversion Cycle
0.00 0.00 -29.23 -32.40 -28.91
Days of Sales Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
0.00 0.00 29.23 32.40 28.91
Operating Cycle
0.00 0.00 0.00 0.00 0.00
Cash Flow Ratios
Operating Cash Flow Per Share
11.87 11.92 11.32 11.04 10.18
Free Cash Flow Per Share
10.73 10.04 9.93 9.64 8.93
CapEx Per Share
1.13 1.88 1.39 1.40 1.25
Free Cash Flow to Operating Cash Flow
0.90 0.84 0.88 0.87 0.88
Dividend Paid and CapEx Coverage Ratio
1.45 1.34 1.39 1.39 1.34
Capital Expenditure Coverage Ratio
10.47 6.34 8.12 7.91 8.14
Operating Cash Flow Coverage Ratio
0.18 0.18 0.19 0.19 0.17
Operating Cash Flow to Sales Ratio
0.55 0.55 0.55 0.56 0.55
Free Cash Flow Yield
6.43%5.54%4.51%5.15%5.53%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
22.22 24.26 28.87 28.48 19.84
Price-to-Sales (P/S) Ratio
7.74 8.40 10.72 9.56 8.70
Price-to-Book (P/B) Ratio
2.01 2.20 2.62 2.25 2.00
Price-to-Free Cash Flow (P/FCF) Ratio
15.56 18.06 22.16 19.41 18.08
Price-to-Operating Cash Flow Ratio
14.00 15.21 19.43 16.96 15.86
Price-to-Earnings Growth (PEG) Ratio
-2.25 -8.79 1.82 -1.48 1.52
Price-to-Fair Value
2.01 2.20 2.62 2.25 2.00
Enterprise Value Multiple
14.66 15.56 18.26 17.43 13.85
Enterprise Value
32.67B 34.67B 39.38B 34.19B 30.42B
EV to EBITDA
14.66 15.56 18.26 17.43 13.85
EV to Sales
10.75 11.41 13.51 12.35 11.73
EV to Free Cash Flow
21.61 24.53 27.93 25.09 24.39
EV to Operating Cash Flow
19.55 20.66 24.49 21.92 21.39
Tangible Book Value Per Share
84.04 84.04 84.09 83.40 80.61
Shareholders’ Equity Per Share
82.45 82.45 84.09 83.39 80.59
Tax and Other Ratios
Effective Tax Rate
>-0.01 >-0.01 <0.01 0.01 0.01
Revenue Per Share
21.58 21.58 20.52 19.59 18.57
Net Income Per Share
7.47 7.47 7.62 6.57 8.14
Tax Burden
1.00 1.00 1.00 0.99 0.99
Interest Burden
0.80 0.80 0.83 0.82 0.83
Research & Development to Revenue
0.00 0.00 0.00 0.00 <0.01
SG&A to Revenue
0.03 0.03 0.03 0.03 0.03
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 0.01
Income Quality
1.58 1.60 1.49 1.68 1.25
Currency in USD