Earnings Summary

Avalonbay Communities Inc.’s revenue jumped 5.26% since last year same period to $734.31Mn in the Q3 2024. On a quarterly growth basis, Avalonbay Communities Inc. has generated 2.87% jump in its revenue since last 3-months.

Avalonbay Communities Inc.’s net profit jumped 116.54% since last year same period to $372.52Mn in the Q3 2024. On a quarterly growth basis, Avalonbay Communities Inc. has generated 46.7% jump in its net profits since last 3-months.

Avalonbay Communities Inc.’s net profit margin jumped 105.73% since last year same period to 50.73% in the Q3 2024. On a quarterly growth basis, Avalonbay Communities Inc. has generated 42.6% jump in its net profit margins since last 3-months.

Avalonbay Communities Inc.’s price-to-earnings ratio after this Q3 2024 earnings stands at 31.34.

Avalonbay Communities Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.24 - a -1.59% fall from last quarter’s estimates.

Avalonbay Communities Inc.’s earning per share (EPS) estimates for the current year stand at 1.24.

Avalonbay Communities Inc.’s earning per share (EPS) jumped 115.7% since last year same period to 2.61 in the Q3 2024. This indicates that the Avalonbay Communities Inc. has generated 115.7% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.09.

Avalonbay Communities Inc. declared 1.7 dividend per share during the earnings announcement for Q3 2024.