AVB (AvalonBay Communities) FCF Margin %: 46.60% (As of Mar. 2026) — Near Median


AVB AvalonBay Communities Inc AVB
84 GF Score
Price $190.12
GF Value $207.83
Valuation Fairly Valued
! 5 Warning Signs
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What is AvalonBay Communities FCF Margin %?

AvalonBay Communities AVB +2.14% 84 FCF Margin % is 46.60% as of Mar. 2026, which is 5% below its 10-year median of 48.81. GuruFocus rates AVB with a GF Score™ of 84/100 and a GF Value™ of $207.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 936 REITs companies, AvalonBay Communities ranks better than 55.24% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AvalonBay Communities's Free Cash Flow for the three months ended in Mar. 2026 was $359 Mil. AvalonBay Communities's Revenue for the three months ended in Mar. 2026 was $770 Mil. Therefore, AvalonBay Communities's FCF Margin % for the quarter that ended in Mar. 2026 was 46.60%.

As of today, AvalonBay Communities's current FCF Yield % is 5.18%.

The historical rank and industry rank for AvalonBay Communities's FCF Margin % or its related term are showing as below:

AVB' s FCF Margin % Range Over the Past 10 Years
Min: 45.61   Med: 48.81   Max: 54.77
Current: 45.61


During the past 13 years, the highest FCF Margin % of AvalonBay Communities was 54.77%. The lowest was 45.61%. And the median was 48.81%.

AVB's FCF Margin % is ranked better than
55.24% of 936 companies
in the REITs industry
Industry Median: 40.025 vs AVB: 45.61


AvalonBay Communities FCF Margin % Related Terms


AvalonBay Communities FCF Margin % Historical Data

* Premium members only.

The historical data trend for AvalonBay Communities's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AvalonBay Communities FCF Margin % Chart

AvalonBay Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.75 48.09 49.23 48.39 46.24

AvalonBay Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.24 41.51 52.37 41.91 46.60

AVB vs EQR, ESS, INVH: FCF Margin % Comparison

For the REIT - Residential subindustry, AvalonBay Communities's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AvalonBay Communities FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, AvalonBay Communities's FCF Margin % distribution charts can be found below:

* The bar in red indicates where AvalonBay Communities's FCF Margin % falls into.


AVB
84GF Score
AvalonBay Communities Inc AVB
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AvalonBay Communities FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

AvalonBay Communities's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1406.163/3040.725
=46.24 %

AvalonBay Communities's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=358.966/770.279
=46.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 46.60% mean?
AvalonBay Communities (AVB) has a FCF Margin % of 46.60% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AvalonBay Communities and its competitors. This is near median its historical median of 48.81. Over the past decade, AvalonBay Communities' FCF Margin % has ranged from 45.61 to 54.77. According to the industry distribution chart, AvalonBay Communities ranks #419 out of 936 companies in the REITs industry, placing it in the top 44.8%.
Is AvalonBay Communities' FCF Margin % too high?
AvalonBay Communities' current FCF Margin % of 46.60% is near median its 10-year median of 48.81. Over the past 10 years, this metric has ranged from a low of 45.61 to a high of 54.77. The REITs industry median FCF Margin % is 40.03. AvalonBay Communities' value of 46.60% is 16.4% above this industry median. Based on the distribution chart, AvalonBay Communities ranks #419 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, AvalonBay Communities has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AvalonBay Communities' FCF Margin % compare to EQR and ESS?
According to the REITs industry distribution chart, AvalonBay Communities ranks #419 out of 936 companies for FCF Margin %. This puts AvalonBay Communities in the upper half of its industry. The industry median FCF Margin % is 40.03. AvalonBay Communities' value of 46.60% is 16.4% above this benchmark. Historically, AvalonBay Communities' own FCF Margin % has ranged from 45.61 to 54.77 over the past decade. While the company's 10-year median is 48.81 vs. the industry median of 40.03, AvalonBay Communities has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AvalonBay Communities's current FCF Margin % of 46.60% is 16.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AvalonBay Communities and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AvalonBay Communities's current FCF Margin % is 46.60%, which is near median its own 10-year median of 48.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AvalonBay Communities stock overvalued right now?
Based on GuruFocus' analysis, AvalonBay Communities (AVB) is currently considered Fairly Valued. The stock's GF Value™ is $207.83, compared to a current price of $190.12 — trading 8.5% below its estimated fair value. The current FCF Margin % is 46.60%, which is near median its 10-year median of 48.81 and 16.4% above the REITs industry median of 40.03. AvalonBay Communities' overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AvalonBay Communities (AVB), the current FCF Margin % is 46.60% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AvalonBay Communities (AVB) Overvalued in 2026?

Based on GuruFocus' analysis, AvalonBay Communities stock appears to be undervalued. The current stock price of $190.12 is trading 8.5% below its estimated GF Value™ of $207.83. GuruFocus considers AvalonBay Communities to be Fairly Valued.

Key valuation signals for AVB:

  • FCF Margin %: 46.60% (near median its 10-year median of 48.81)
  • GF Value™: $207.83 vs. price of $190.12 (8.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 16.4% above the REITs median (#419 of 936)

No single metric tells the full story. See the AVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AvalonBay Communities Business Description

Industry Real EstateREITs
Address 4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 296 apartment communities with more than 90,000 units and is developing 24 additional properties with approximately 8,600 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington, D.C., California, and the Pacific Northwest.
84GF Score

Get the complete analysis for AVB

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$190.12
Price
$207.83
GF Value