AVALONBAY COMMUNITIES INC

Delisted

CIK 915912fmd_189PPTRD5MNQT4Z8MBM2642697Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2007 to Jun 30, 2026, 74 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,045	2,159	2,285	2,325	2,301	2,295	2,593	2,768	2,914	3,041
Rental revenue	–	2,154	2,281	2,320	2,297	2,292	2,587	2,760	2,907	3,034
Property operating expenses	478	504	529	–	–	–	–	–	–	–
Real estate taxes	205	221	242	253	273	283	289	307	328	343
Gain on sale of real estate	443	282	386	172	346	631	601	288	364	340
Impairment of real estate	(4)	6	0	0	0	3	0	9	3	1
Total operating expenses	1,461	1,594	1,700	1,697	–	–	–	–	–	–
Operating income	1,314	1,399	1,485	1,552	1,472	1,457	1,701	1,791	1,910	2,021
Interest expense	188	200	221	204	214	220	230	206	227	259
Other non-operating income (expense)	–	–	–	(5)	(12)	(3)	(17)	(33)	(18)	(11)
Income before taxes	1,034	877	974	799	824	1,010	1,151	939	1,083	1,055
Income tax expense	0	0	(0)	13	(3)	6	15	10	0	(1)
Net income from continuing operations	1,034	877	974	786	828	1,004	1,136	928	1,082	1,057
Net income	1,034	877	975	786	828	1,004	1,136	929	1,082	1,057
Net income to common shareholders	1,034	877	975	786	828	1,004	1,137	929	1,082	1,051