Free Cash Flow for AvalonBay Communities (AVB)
Free Cash Flow for AvalonBay Communities (AVB): headline value $1.51B · YoY +0.3%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.51B
YoY change
+0.3%
5Y CAGR
+5.5%
Peak year (2025)
$1.41B
Latest annual
$1.41B
Free Cash Flow history chart for AvalonBay Communities (AVB) from 1994 to 2025
Free Cash Flow history table for AvalonBay Communities (AVB) from 1994 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.41B | +0.3% | ||
| 2024 | $1.41B | +3.5% | ||
| 2023 | $1.36B | +9.3% | ||
| 2022 | $1.25B | +18.8% | ||
| 2021 | $1.05B | -3.0% | ||
| 2020 | $1.08B | -8.3% | ||
| 2019 | $1.18B | -2.7% | ||
| 2018 | $1.21B | +2.7% | ||
| 2017 | $1.18B | +10.4% | ||
| 2016 | $1.07B | +7.0% | ||
| 2015 | $1.00B | +20.0% | ||
| 2014 | $833.82M | +19.5% | ||
| 2013 | $697.89M | +35.7% | ||
| 2012 | $514.29M | -298.4% | ||
| 2011 | -$259.18M | +99.2% | ||
| 2010 | -$130.13M | -37.5% | ||
| 2009 | -$208.24M | -59.6% | ||
| 2008 | -$515.47M | -24.8% | ||
| 2007 | -$685.88M | +42.8% | ||
| 2006 | -$480.39M | -19.0% | ||
| 2005 | -$593.02M | -16.1% | ||
| 2004 | -$706.52M | +45.0% | ||
| 2003 | -$487.09M | -36.8% | ||
| 2002 | -$770.22M | +337.9% | ||
| 2001 | -$175.88M | +27.8% | ||
| 2000 | -$137.59M | -48.3% | ||
| 1999 | -$266.19M | -49.5% | ||
| 1998 | -$527.11M | -51.4% | ||
| 1997 | -$1.09B | +335.6% | ||
| 1996 | -$249.20M | +203.5% | ||
| 1995 | -$82.10M | -24.6% | ||
| 1994 | -$108.90M | — |
Free Cash Flow values are taken from AvalonBay Communities's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual free cash flow for AvalonBay Communities (AVB) came in at $1.41B – edged up 0.3% year-over-year.
Over 2020–2025 (5 years), AvalonBay Communities free cash flow expanded at a +5.5% compound annual rate, sustaining 4 straight years of year-over-year growth.
Across the available history, free cash flow reached its high of $1.41B in 2025 and its low of -$1.09B in 1997.
Within Real Estate, AvalonBay Communities (AVB) ranks 8th among 8 peers we track. The peer median for free cash flow is $3.23B.
AvalonBay Communities Free Cash Flow by Year
AvalonBay Communities Free Cash Flow 2025: $1.41B
AvalonBay Communities free cash flow in 2025 was $1.41B, edged up 0.3% from 2024. This figure represents the highest annual value in the available history.
AvalonBay Communities Free Cash Flow 2024: $1.41B
AvalonBay Communities free cash flow in 2024 was $1.41B, edged up 3.5% from 2023.
AvalonBay Communities Free Cash Flow 2023: $1.36B
AvalonBay Communities free cash flow in 2023 was $1.36B, grew 9.3% from 2022.
AvalonBay Communities Free Cash Flow 2022: $1.25B
AvalonBay Communities free cash flow in 2022 was $1.25B, grew 18.8% from 2021.
AvalonBay Communities Free Cash Flow 2021: $1.05B
AvalonBay Communities free cash flow in 2021 was $1.05B.
See more financial history for AvalonBay Communities (AVB).
Sector peers — Free Cash Flow
Companies in the same sector as AvalonBay Communities, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is AvalonBay Communities's free cash flow?
Latest reported free cash flow for AvalonBay Communities (AVB) is $1.51B (period ending December 31, 2025).
How has AvalonBay Communities free cash flow changed year-over-year?
AvalonBay Communities (AVB) free cash flow changed +0.3% year-over-year on the latest annual filing.
What is the long-term growth rate of AvalonBay Communities free cash flow?
AvalonBay Communities (AVB) free cash flow compound annual growth rate is +5.5% over the most recent 5 years available.
When did AvalonBay Communities free cash flow hit its highest annual value?
AvalonBay Communities free cash flow reached its highest annual value of $1.41B in 2025.
What was AvalonBay Communities free cash flow in 2024?
AvalonBay Communities (AVB) free cash flow in 2024 was $1.41B.
What was AvalonBay Communities free cash flow in 2025?
AvalonBay Communities (AVB) free cash flow in 2025 was $1.41B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
AVB Overview
Company profile, financial tools, and key metrics
AVB Revenue Counter
Earns $97.14 every second. See per minute, hour, and day.
AVB Earnings Counter
Earns $36.20 per second net profit. See per minute, hour, and day.
AVB Economic Scale
Exceeds Central African Republic's GDP. Compare with world economies.
AVB What If Invested
What if you had invested $1,000? See historical returns from any date.
AVB How It Makes Money
Discover visual breakdown of $3.06B in revenue — where it comes from and where it goes.
AVB Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
AVB Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
AVB Daily Price Character
Steady · 50.7% historical win rate (green days). Streaks & record days.
AVB Buybacks
1.91% TTM buyback yield. Shareholder yield & SBC comparison.
AVB Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
AVB Dividend Profile
Yield: 3.81%. Safety: 3/8. See full history.
AVB Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
AVB Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.