AvalonBay Communities Inc (AVB) — Free Cash Flow Generation Index

Latest as of June 2026: 1.16x

AvalonBay Communities Inc (AVB) has a Free Cash Flow Generation Index of 1.16x as of June 2026. Free cash flow of $424.11 Million represents 1% of operating cash flow ($364.14 Million). Explore AvalonBay Communities Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.16x
Free Cash Flow / Operating CF

Free Cash Flow

$424.11 Million
USD

Operating Cash Flow

$364.14 Million
USD

Capital Expenditures

$59.97 Million
USD

AvalonBay Communities Inc Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for AvalonBay Communities Inc across 32 annual periods. For the full cash flow conversion analysis, see AvalonBay Communities Inc cash flow conversion.

Annual Free Cash Flow Generation for AvalonBay Communities Inc (1994–2025)

Year-by-year Free Cash Flow Generation Index for AvalonBay Communities Inc. Check AvalonBay Communities Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.84x $1.41 Billion $1.68 Billion $264.94 Million ▼ -4.0%
2024 0.88x $1.41 Billion $1.61 Billion $198.03 Million ▲ +0.4%
2023 0.87x $1.36 Billion $1.56 Billion $197.27 Million ▼ -0.4%
2022 0.88x $1.25 Billion $1.42 Billion $174.71 Million ▲ +0.5%
2021 0.87x $1.05 Billion $1.20 Billion $153.24 Million ▼ -1.7%
2020 0.89x $1.08 Billion $1.22 Billion $137.04 Million ▼ -0.6%
2019 0.89x $1.18 Billion $1.32 Billion $140.89 Million ▼ -4.3%
2018 0.93x $1.21 Billion $1.30 Billion $86.93 Million ▼ -0.8%
2017 0.94x $1.18 Billion $1.26 Billion $73.99 Million ▲ +0.5%
2016 0.94x $1.07 Billion $1.14 Billion $72.85 Million ▼ -1.1%
2015 0.95x $1.00 Billion $1.06 Billion $55.87 Million ▲ +0.7%
2014 0.94x $833.82 Million $886.64 Million $52.83 Million ▼ -2.4%
2013 0.96x $697.89 Million $724.50 Million $26.61 Million ▲ +1.3%
2012 0.95x $514.29 Million $540.82 Million $26.53 Million ▲ +257.5%
2011 -0.60x $-259.18 Million $429.39 Million $688.57 Million ▼ -54.0%
2010 -0.39x $-130.13 Million $332.11 Million $462.24 Million ▲ +28.8%
2009 -0.55x $-208.24 Million $378.60 Million $586.84 Million ▲ +58.7%
2008 -1.33x $-515.47 Million $386.86 Million $902.33 Million ▲ +11.4%
2007 -1.50x $-685.88 Million $455.82 Million $1.14 Billion ▼ -10.2%
2006 -1.36x $-480.39 Million $351.94 Million $832.34 Million ▲ +29.4%
2005 -1.93x $-593.02 Million $306.64 Million $899.66 Million ▲ +24.5%
2004 -2.56x $-706.52 Million $275.68 Million $982.20 Million ▼ -26.2%
2003 -2.03x $-487.09 Million $239.81 Million $726.91 Million ▲ +18.8%
2002 -2.50x $-770.22 Million $308.11 Million $1.08 Billion ▼ -338.8%
2001 -0.57x $-175.88 Million $308.72 Million $484.60 Million ▼ -22.1%
2000 -0.47x $-137.59 Million $294.82 Million $432.41 Million ▲ +56.2%
1999 -1.06x $-266.19 Million $250.07 Million $516.26 Million ▲ +61.4%
1998 -2.76x $-527.11 Million $191.23 Million $718.34 Million ▲ +83.5%
1997 -16.74x $-1.09 Billion $64.85 Million $1.15 Billion ▼ -170.2%
1996 -6.20x $-249.20 Million $40.22 Million $289.42 Million ▼ -70.5%
1995 -3.63x $-82.10 Million $22.60 Million $104.70 Million ▲ +53.3%
1994 -7.78x $-108.90 Million $14.00 Million $122.90 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).