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AvalonBay Communities (AvalonBay Communities) Gross Profit : $1,780 Mil (TTM As of Dec. 2023)


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What is AvalonBay Communities Gross Profit?

AvalonBay Communities's gross profit for the three months ended in Dec. 2023 was $454 Mil. AvalonBay Communities's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,780 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AvalonBay Communities's gross profit for the three months ended in Dec. 2023 was $454 Mil. AvalonBay Communities's Revenue for the three months ended in Dec. 2023 was $705 Mil. Therefore, AvalonBay Communities's Gross Margin % for the quarter that ended in Dec. 2023 was 64.47%.

AvalonBay Communities had a gross margin of 64.47% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of AvalonBay Communities was 66.96%. The lowest was 62.79%. And the median was 65.22%.


AvalonBay Communities Gross Profit Historical Data

The historical data trend for AvalonBay Communities's Gross Profit 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.

* Premium members only.

AvalonBay Communities Gross Profit Chart

AvalonBay Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,556.52 1,478.16 1,440.91 1,674.33 1,779.78

AvalonBay Communities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 440.53 435.38 446.03 444.05 454.33

Competitive Comparison of AvalonBay Communities's Gross Profit

For the REIT - Residential subindustry, AvalonBay Communities's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where AvalonBay Communities's Gross Profit falls into.



AvalonBay Communities Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

AvalonBay Communities's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2767.909 - 988.132
=1,780

AvalonBay Communities's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=704.705 - 250.379
=454

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,780 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

AvalonBay Communities's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=454 / 704.705
=64.47 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


AvalonBay Communities  (NYSE:AVB) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

AvalonBay Communities had a gross margin of 64.47% for the quarter that ended in Dec. 2023 => Durable competitive advantage


AvalonBay Communities Gross Profit Related Terms

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AvalonBay Communities (AvalonBay Communities) Business Description

Traded in Other Exchanges
Address
4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 276 apartment communities with over 82,000 units and is developing 18 additional properties with over 5,700 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.
Executives
Joanne M Lockeridge officer: Executive Vice President 4040 WILSON BOULEVARD, SUITE 1000, ARLINGTON VA 22203
Matthew H. Birenbaum officer: EVP, Strategy & Portfolio Mgmt 671 NORTH GLEBE ROAD, SUITE 800, ARLINGTON VA 22203
Mueller Charles E Jr director C/O AVALONBAY COMMUNITIES, INC., 4040 WILSON BLVD., SUITE 1000, ARLINGTON VA 22027
Edward M Schulman officer: Vice President-General Counsel
William M Mclaughlin officer: Executive Vice President AVALONBAY COMMUNITIES, INC., 2900 EISENHOWER AVENUE, SUITE 300, ALEXANDRIA VA 22314
Timothy J Naughton officer: Chief Operating Officer 2900 ELSENHOWER AVE 3RD FL, ALEXANDRIA VA 22314
Sean J. Breslin officer: Senior Vice President 2900 EISENHOWER AVE., SUITE 300, ALEXANDRIA VA 22314
Keri A Shea officer: VP-Finance and Treasurer 2900 EISEHOWER AVE., SUITE 300, ALEXANDRIA VA 22314
Kevin P. O'shea officer: Executive Vice President 671 N. GLEBE ROAD, SUITE 800, ARLINGTON VA 22203
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Christopher B. Howard director 4040 WILSON BOULEVARD, SUITE 1000, ARLINGTON VA 22203
Benjamin Schall director, officer: President 261 BROADWAY, NO.11B, NEW YORK NY 10007
W Edward Walter director
Horey Leo S Iii officer: Senior Vice President 2900 ELSENHOWER AVE 3RD FL, ALEXANDRIA VA 22314
Stephen W Wilson officer: Executive Vice President C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201

AvalonBay Communities (AvalonBay Communities) Headlines