AvalonBay Communities Inc (AVB) — Cash Flow Quality Index
AvalonBay Communities Inc (AVB) has a Cash Flow Quality Index of 2.32x as of June 2026. Operating cash flow of $364.14 Million exceeds net income of $156.89 Million, indicating high earnings quality where cash backs reported profits. Explore AVB cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
AvalonBay Communities Inc Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for AvalonBay Communities Inc across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AvalonBay Communities Inc (AVB) cash conversion ratio.
Annual Cash Flow Quality Index for AvalonBay Communities Inc (1994–2025)
Year-by-year earnings quality comparison for AvalonBay Communities Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.60x | $1.68 Billion | $1.05 Billion | ▲ +7.7% |
| 2024 | 1.49x | $1.61 Billion | $1.08 Billion | ▼ -11.6% |
| 2023 | 1.68x | $1.56 Billion | $928.44 Million | ▲ +34.3% |
| 2022 | 1.25x | $1.42 Billion | $1.14 Billion | ▲ +4.4% |
| 2021 | 1.20x | $1.20 Billion | $1.00 Billion | ▼ -18.7% |
| 2020 | 1.47x | $1.22 Billion | $827.71 Million | ▼ -12.4% |
| 2019 | 1.68x | $1.32 Billion | $786.10 Million | ▲ +25.9% |
| 2018 | 1.34x | $1.30 Billion | $974.17 Million | ▼ -6.8% |
| 2017 | 1.43x | $1.26 Billion | $876.66 Million | ▲ +29.5% |
| 2016 | 1.11x | $1.14 Billion | $1.03 Billion | ▼ -22.4% |
| 2015 | 1.42x | $1.06 Billion | $741.73 Million | ▲ +12.1% |
| 2014 | 1.27x | $886.64 Million | $697.33 Million | ▼ -35.7% |
| 2013 | 1.98x | $724.50 Million | $366.27 Million | ▲ +56.4% |
| 2012 | 1.26x | $540.82 Million | $427.63 Million | ▲ +30.0% |
| 2011 | 0.97x | $429.39 Million | $441.37 Million | ▼ -49.0% |
| 2010 | 1.91x | $332.11 Million | $174.08 Million | ▼ -22.3% |
| 2009 | 2.45x | $378.60 Million | $154.27 Million | ▲ +161.0% |
| 2008 | 0.94x | $386.86 Million | $411.49 Million | ▼ -26.1% |
| 2007 | 1.27x | $455.82 Million | $358.16 Million | ▲ +0.7% |
| 2006 | 1.26x | $351.94 Million | $278.40 Million | ▲ +32.9% |
| 2005 | 0.95x | $306.64 Million | $322.38 Million | ▼ -24.2% |
| 2004 | 1.25x | $275.68 Million | $219.75 Million | ▲ +42.0% |
| 2003 | 0.88x | $239.81 Million | $271.52 Million | ▼ -50.2% |
| 2002 | 1.77x | $308.11 Million | $173.62 Million | ▲ +43.1% |
| 2001 | 1.24x | $308.72 Million | $249.00 Million | ▼ -11.4% |
| 2000 | 1.40x | $294.82 Million | $210.60 Million | ▼ -3.6% |
| 1999 | 1.45x | $250.07 Million | $172.28 Million | ▼ -28.3% |
| 1998 | 2.03x | $191.23 Million | $94.43 Million | ▲ +21.6% |
| 1997 | 1.67x | $64.85 Million | $38.94 Million | ▼ -16.6% |
| 1996 | 2.00x | $40.22 Million | $20.14 Million | ▲ +1.6% |
| 1995 | 1.97x | $22.60 Million | $11.50 Million | ▲ +5.3% |
| 1994 | 1.87x | $14.00 Million | $7.50 Million | — |