AvalonBay Communities Inc (AVB) — Capital Reinvestment Ratio
AvalonBay Communities Inc (AVB) has a Capital Reinvestment Ratio of 0.16x as of June 2026, meaning it reinvests 0% of its operating cash flow ($364.14 Million) in capital expenditures ($59.97 Million). Check AVB tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
AvalonBay Communities Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks AvalonBay Communities Inc's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see AVB operating cash flow.
Annual Capital Reinvestment Ratio for AvalonBay Communities Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for AvalonBay Communities Inc from 1994 to 2025. See AVB cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | $1.68 Billion | $264.94 Million | ▲ +28.2% |
| 2024 | 0.12x | $1.61 Billion | $198.03 Million | ▼ -2.6% |
| 2023 | 0.13x | $1.56 Billion | $197.27 Million | ▲ +2.9% |
| 2022 | 0.12x | $1.42 Billion | $174.71 Million | ▼ -3.5% |
| 2021 | 0.13x | $1.20 Billion | $153.24 Million | ▲ +13.3% |
| 2020 | 0.11x | $1.22 Billion | $137.04 Million | ▲ +5.4% |
| 2019 | 0.11x | $1.32 Billion | $140.89 Million | ▲ +59.5% |
| 2018 | 0.07x | $1.30 Billion | $86.93 Million | ▲ +13.4% |
| 2017 | 0.06x | $1.26 Billion | $73.99 Million | ▼ -7.6% |
| 2016 | 0.06x | $1.14 Billion | $72.85 Million | ▲ +20.5% |
| 2015 | 0.05x | $1.06 Billion | $55.87 Million | ▼ -11.3% |
| 2014 | 0.06x | $886.64 Million | $52.83 Million | ▲ +62.2% |
| 2013 | 0.04x | $724.50 Million | $26.61 Million | ▼ -25.1% |
| 2012 | 0.05x | $540.82 Million | $26.53 Million | ▼ -96.9% |
| 2011 | 1.60x | $429.39 Million | $688.57 Million | ▲ +15.2% |
| 2010 | 1.39x | $332.11 Million | $462.24 Million | ▼ -10.2% |
| 2009 | 1.55x | $378.60 Million | $586.84 Million | ▼ -33.5% |
| 2008 | 2.33x | $386.86 Million | $902.33 Million | ▼ -6.9% |
| 2007 | 2.50x | $455.82 Million | $1.14 Billion | ▲ +5.9% |
| 2006 | 2.36x | $351.94 Million | $832.34 Million | ▼ -19.4% |
| 2005 | 2.93x | $306.64 Million | $899.66 Million | ▼ -17.7% |
| 2004 | 3.56x | $275.68 Million | $982.20 Million | ▲ +17.5% |
| 2003 | 3.03x | $239.81 Million | $726.91 Million | ▼ -13.4% |
| 2002 | 3.50x | $308.11 Million | $1.08 Billion | ▲ +123.0% |
| 2001 | 1.57x | $308.72 Million | $484.60 Million | ▲ +7.0% |
| 2000 | 1.47x | $294.82 Million | $432.41 Million | ▼ -29.0% |
| 1999 | 2.06x | $250.07 Million | $516.26 Million | ▼ -45.0% |
| 1998 | 3.76x | $191.23 Million | $718.34 Million | ▼ -78.8% |
| 1997 | 17.74x | $64.85 Million | $1.15 Billion | ▲ +146.5% |
| 1996 | 7.20x | $40.22 Million | $289.42 Million | ▲ +55.3% |
| 1995 | 4.63x | $22.60 Million | $104.70 Million | ▼ -47.2% |
| 1994 | 8.78x | $14.00 Million | $122.90 Million | — |