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Side-by-side financial comparison of AvalonBay Communities (AVB) and BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM). Click either name above to swap in a different company.

AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $733.7M, roughly 1.0× BRIGHT HORIZONS FAMILY SOLUTIONS INC.). On growth, BRIGHT HORIZONS FAMILY SOLUTIONS INC. posted the faster year-over-year revenue change (8.8% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $258.5M). Over the past eight quarters, BRIGHT HORIZONS FAMILY SOLUTIONS INC.'s revenue compounded faster (8.5% CAGR vs 3.8%).

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

Bright Horizons Family Solutions Inc. is a United States–based child-care provider and is the largest provider of employer-sponsored child care. It also provides back-up child care and elder care, tuition program management, education advising, and student loan repayment programs. It is headquartered in Newton, Massachusetts.

AVB vs BFAM — Head-to-Head

Bigger by revenue
AVB
AVB
1.0× larger
AVB
$767.9M
$733.7M
BFAM
Growing faster (revenue YoY)
BFAM
BFAM
+5.1% gap
BFAM
8.8%
3.7%
AVB
More free cash flow
AVB
AVB
$1.2B more FCF
AVB
$1.4B
$258.5M
BFAM
Faster 2-yr revenue CAGR
BFAM
BFAM
Annualised
BFAM
8.5%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
BFAM
BFAM
Revenue
$767.9M
$733.7M
Net Profit
$166.0M
Gross Margin
19.3%
Operating Margin
64.2%
6.2%
Net Margin
9040.6%
Revenue YoY
3.7%
8.8%
Net Profit YoY
-41.2%
EPS (diluted)
$1.18
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVB
AVB
BFAM
BFAM
Q4 25
$767.9M
$733.7M
Q3 25
$766.8M
$802.8M
Q2 25
$760.2M
$731.6M
Q1 25
$745.9M
$665.5M
Q4 24
$740.5M
$674.1M
Q3 24
$734.3M
$719.1M
Q2 24
$726.0M
$670.1M
Q1 24
$712.9M
$622.7M
Net Profit
AVB
AVB
BFAM
BFAM
Q4 25
$166.0M
Q3 25
$381.3M
$78.6M
Q2 25
$268.7M
$54.8M
Q1 25
$236.6M
$38.0M
Q4 24
$282.1M
Q3 24
$372.5M
$54.9M
Q2 24
$253.9M
$39.2M
Q1 24
$173.4M
$17.0M
Gross Margin
AVB
AVB
BFAM
BFAM
Q4 25
19.3%
Q3 25
27.0%
Q2 25
25.0%
Q1 25
23.4%
Q4 24
20.8%
Q3 24
25.2%
Q2 24
24.2%
Q1 24
21.7%
Operating Margin
AVB
AVB
BFAM
BFAM
Q4 25
64.2%
6.2%
Q3 25
65.7%
15.1%
Q2 25
67.6%
11.8%
Q1 25
68.5%
9.4%
Q4 24
63.1%
7.2%
Q3 24
65.4%
12.4%
Q2 24
66.6%
10.3%
Q1 24
67.2%
6.4%
Net Margin
AVB
AVB
BFAM
BFAM
Q4 25
9040.6%
Q3 25
49.7%
9.8%
Q2 25
35.3%
7.5%
Q1 25
31.7%
5.7%
Q4 24
38.1%
Q3 24
50.7%
7.6%
Q2 24
35.0%
5.8%
Q1 24
24.3%
2.7%
EPS (diluted)
AVB
AVB
BFAM
BFAM
Q4 25
$1.18
$0.38
Q3 25
$2.68
$1.37
Q2 25
$1.88
$0.95
Q1 25
$1.66
$0.66
Q4 24
$1.99
$0.50
Q3 24
$2.61
$0.94
Q2 24
$1.78
$0.67
Q1 24
$1.22
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVB
AVB
BFAM
BFAM
Cash + ST InvestmentsLiquidity on hand
$187.2M
$140.1M
Total DebtLower is stronger
$9.3B
$747.6M
Stockholders' EquityBook value
$11.6B
$1.3B
Total Assets
$22.2B
$3.9B
Debt / EquityLower = less leverage
0.80×
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
BFAM
BFAM
Q4 25
$187.2M
$140.1M
Q3 25
$123.3M
$116.6M
Q2 25
$102.8M
$179.2M
Q1 25
$53.3M
$112.0M
Q4 24
$108.6M
$110.3M
Q3 24
$552.4M
$109.9M
Q2 24
$545.8M
$140.2M
Q1 24
$287.9M
$63.7M
Total Debt
AVB
AVB
BFAM
BFAM
Q4 25
$9.3B
$747.6M
Q3 25
$8.7B
$747.5M
Q2 25
$8.7B
$797.0M
Q1 25
$8.3B
$872.7M
Q4 24
$8.1B
$918.4M
Q3 24
$8.4B
$925.7M
Q2 24
$8.4B
$931.9M
Q1 24
$8.0B
$938.1M
Stockholders' Equity
AVB
AVB
BFAM
BFAM
Q4 25
$11.6B
$1.3B
Q3 25
$11.9B
$1.4B
Q2 25
$11.9B
$1.4B
Q1 25
$11.9B
$1.3B
Q4 24
$11.9B
$1.3B
Q3 24
$11.9B
$1.4B
Q2 24
$11.7B
$1.3B
Q1 24
$11.7B
$1.2B
Total Assets
AVB
AVB
BFAM
BFAM
Q4 25
$22.2B
$3.9B
Q3 25
$21.9B
$3.9B
Q2 25
$21.8B
$3.9B
Q1 25
$21.2B
$3.8B
Q4 24
$21.0B
$3.9B
Q3 24
$21.3B
$3.9B
Q2 24
$21.0B
$3.8B
Q1 24
$20.6B
$3.8B
Debt / Equity
AVB
AVB
BFAM
BFAM
Q4 25
0.80×
0.56×
Q3 25
0.73×
0.52×
Q2 25
0.72×
0.57×
Q1 25
0.70×
0.66×
Q4 24
0.68×
0.72×
Q3 24
0.70×
0.66×
Q2 24
0.71×
0.73×
Q1 24
0.68×
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVB
AVB
BFAM
BFAM
Operating Cash FlowLast quarter
$1.7B
$350.7M
Free Cash FlowOCF − Capex
$1.4B
$258.5M
FCF MarginFCF / Revenue
183.5%
35.2%
Capex IntensityCapex / Revenue
34.1%
12.6%
Cash ConversionOCF / Net Profit
10.07×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$402.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
BFAM
BFAM
Q4 25
$1.7B
$350.7M
Q3 25
$477.0M
$-17.6M
Q2 25
$377.8M
$134.2M
Q1 25
$415.9M
$86.2M
Q4 24
$1.6B
$337.5M
Q3 24
$486.2M
$-8.9M
Q2 24
$380.0M
$109.4M
Q1 24
$412.9M
$116.3M
Free Cash Flow
AVB
AVB
BFAM
BFAM
Q4 25
$1.4B
$258.5M
Q3 25
$402.2M
$-42.4M
Q2 25
$317.1M
$115.4M
Q1 25
$367.5M
$70.9M
Q4 24
$1.4B
$240.2M
Q3 24
$434.2M
$-32.2M
Q2 24
$333.0M
$86.8M
Q1 24
$375.4M
$96.9M
FCF Margin
AVB
AVB
BFAM
BFAM
Q4 25
183.5%
35.2%
Q3 25
52.5%
-5.3%
Q2 25
41.7%
15.8%
Q1 25
49.3%
10.7%
Q4 24
191.0%
35.6%
Q3 24
59.1%
-4.5%
Q2 24
45.9%
13.0%
Q1 24
52.7%
15.6%
Capex Intensity
AVB
AVB
BFAM
BFAM
Q4 25
34.1%
12.6%
Q3 25
9.8%
3.1%
Q2 25
8.0%
2.6%
Q1 25
6.5%
2.3%
Q4 24
26.1%
14.4%
Q3 24
7.1%
3.2%
Q2 24
6.5%
3.4%
Q1 24
5.3%
3.1%
Cash Conversion
AVB
AVB
BFAM
BFAM
Q4 25
10.07×
Q3 25
1.25×
-0.22×
Q2 25
1.41×
2.45×
Q1 25
1.76×
2.26×
Q4 24
5.70×
Q3 24
1.31×
-0.16×
Q2 24
1.50×
2.79×
Q1 24
2.38×
6.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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