Earnings Summary

Avalonbay Communities Inc.’s revenue jumped 7.18% since last year same period to $690.86Mn in the Q2 2023. On a quarterly growth basis, Avalonbay Communities Inc. has generated 2.39% jump in its revenue since last 3-months.

Avalonbay Communities Inc.’s net profit jumped 165.28% since last year same period to $367.92Mn in the Q2 2023. On a quarterly growth basis, Avalonbay Communities Inc. has generated 150.45% jump in its net profits since last 3-months.

Avalonbay Communities Inc.’s net profit margin jumped 147.5% since last year same period to 53.26% in the Q2 2023. On a quarterly growth basis, Avalonbay Communities Inc. has generated 144.6% jump in its net profit margins since last 3-months.

Avalonbay Communities Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.58 - a 25.4% jump from last quarter’s estimates.

Avalonbay Communities Inc.’s earning per share (EPS) estimates for the current year stand at 1.58.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Avalonbay Communities Inc.’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Avalonbay Communities Inc.’s return on equity (ROE) stands at 0.11.

Avalonbay Communities Inc. declared 1.65 dividend per share during the earnings announcement for Q1 2023.