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AvalonBay Communities (WBO:AVBC) Pretax Margin % : 24.34% (As of Mar. 2024)


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What is AvalonBay Communities Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AvalonBay Communities's Pre-Tax Income for the three months ended in Mar. 2024 was €160 Mil. AvalonBay Communities's Revenue for the three months ended in Mar. 2024 was €656 Mil. Therefore, AvalonBay Communities's pretax margin for the quarter that ended in Mar. 2024 was 24.34%.

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

WBO:AVBC' s Pretax Margin % Range Over the Past 10 Years
Min: 33.91   Med: 40.33   Max: 50.56
Current: 34.28


WBO:AVBC's Pretax Margin % is ranked better than
50.88% of 792 companies
in the REITs industry
Industry Median: 33.16 vs WBO:AVBC: 34.28

AvalonBay Communities Pretax Margin % Historical Data

The historical data trend for AvalonBay Communities's Pretax 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.

* Premium members only.

AvalonBay Communities Pretax Margin % Chart

AvalonBay Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.38 35.83 44.02 44.38 33.91

AvalonBay Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 22.28 53.21 25.25 34.70 24.34

Competitive Comparison of AvalonBay Communities's Pretax Margin %

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

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

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



AvalonBay Communities Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=860.688/2538.173
=33.91 %

AvalonBay Communities's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=159.652/655.83
=24.34 %

* 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  (WBO:AVBC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


AvalonBay Communities Pretax Margin % Related Terms

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AvalonBay Communities (WBO:AVBC) 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.

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