AvalonBay Communities
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. AvalonBay Communities's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $2,781,363,000. Profit margin reached 33%. Total operating expenses were $76,534,000.
Profit Margin
| 2014 | 1.68B | 683.56M | 40.57% |
|---|---|---|---|
| 2015 | 1.85B | 742.03M | 39.98% |
| 2016 | 2.04B | 1.03B | 50.56% |
| 2017 | 2.15B | 876.92M | 40.62% |
| 2018 | 2.28B | 974.52M | 42.66% |
| 2019 | 2.32B | 785.97M | 33.81% |
| 2020 | 2.30B | 827.63M | 35.96% |
| 2021 | 2.29B | 1.00B | 43.76% |
| 2022 | 2.59B | 1.13B | 43.83% |
| 2023 | 2.78B | 928.82M | 33.39% |
AVB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.78B | 2.59B | 2.29B | 2.30B | 2.32B | 2.28B | 2.15B | 2.04B | 1.85B | 1.68B |
Cost of revenue | 988.13M | 919.11M | 853.94M | 823.10M | 768.10M | 762.85M | 719.38M | 678.45M | 637.87M | 584.82M |
Gross profit | 1.79B | 1.67B | 1.44B | 1.47B | 1.55B | 1.52B | 1.43B | 1.36B | 1.21B | 1.10B |
Operating exp. | ||||||||||
Research and development | 0 | 16.56M | 3.23M | 12.39M | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 3.81M | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 76.53M | 905.60M | 828.20M | 767.67M | 719.62M | 687.40M | 634.96M | 577.20M | 520.31M | 484.10M |
Operating income | 1.71B | 822.11M | 651.28M | 716.90M | 845.55M | 826.41M | 798.48M | 784.77M | 693.46M | 611.64M |
Other income (expenses), net | -778.10M | 328.96M | 358.80M | -597.09M | -46.44M | 360.86M | -536.10M | 431.92M | 50.13M | -465.34M |
Income before tax | 938.59M | 1.15B | 1.01B | 824.45M | 799.10M | 974.17M | 876.66M | 1.03B | 743.59M | 668.51M |
Income tax expense | 10.15M | 14.64M | 5.73M | -3.24M | 13.00M | -160K | 141K | 305K | 1.86M | 9.36M |
Net income | 928.82M | 1.13B | 1.00B | 827.63M | 785.97M | 974.52M | 876.92M | 1.03B | 742.03M | 683.56M |
Earnings per share | ||||||||||
Basic EPS | 6.57 | 8.13 | 7.19 | 5.89 | 5.64 | 7.05 | 6.36 | 7.53 | 5.54 | 5.22 |
Diluted EPS | 6.56 | 8.11 | 7.17 | 5.88 | 5.63 | 7.05 | 6.35 | 7.52 | 5.51 | 5.21 |
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