AvalonBay Communities, Inc. (AVB): Valuation

TTM figures as of June 30, 2026

AvalonBay Communities, Inc. trades at 25.4 times trailing earnings and a 5.23% free-cash-flow yield. On P/E that is higher than 0% of its own month-end history back to 2009. The Real Estate median P/E is 23.4.

Earnings yield 3.93%. Shareholder yield -0.02%. ROIC 9.7%. Net debt $9.0B.

207 month-end valuation observations are on file, starting June 2009.

Sector comparison uses 812 Real Estate names.

Frequently asked questions

Is AVB cheap versus its own history?

AvalonBay Communities, Inc. trades at 25.4 times trailing earnings and a 5.23% free-cash-flow yield. On P/E that is higher than 0% of its own month-end history back to 2009. The Real Estate median P/E is 23.4.

What is AVB's free-cash-flow yield?

AvalonBay Communities, Inc. currently yields 5.23% of market cap as trailing free cash flow.

Where do these valuation figures come from?

Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.

Source: SEC filings for the fundamentals; split-adjusted Yahoo closes and recorded stock splits for historical market cap.

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