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Side-by-side financial comparison of AvalonBay Communities (AVB) and BOSTON OMAHA Corp (BOC). Click either name above to swap in a different company.

BOSTON OMAHA Corp is the larger business by last-quarter revenue ($29.7M vs $1.8M, roughly 16.2× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs -23.1%, a 9063.6% gap on every dollar of revenue. On growth, BOSTON OMAHA Corp posted the faster year-over-year revenue change (6.4% vs 5.5%). AvalonBay Communities produced more free cash flow last quarter ($322.5M vs $-2.5M). Over the past eight quarters, BOSTON OMAHA Corp's revenue compounded faster (7.8% CAGR vs 1.1%).

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

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

AVB vs BOC — Head-to-Head

Bigger by revenue
BOC
BOC
16.2× larger
BOC
$29.7M
$1.8M
AVB
Growing faster (revenue YoY)
BOC
BOC
+0.8% gap
BOC
6.4%
5.5%
AVB
Higher net margin
AVB
AVB
9063.6% more per $
AVB
9040.6%
-23.1%
BOC
More free cash flow
AVB
AVB
$325.0M more FCF
AVB
$322.5M
$-2.5M
BOC
Faster 2-yr revenue CAGR
BOC
BOC
Annualised
BOC
7.8%
1.1%
AVB

Income Statement — Q4 2025 vs Q4 2025

Metric
AVB
AVB
BOC
BOC
Revenue
$1.8M
$29.7M
Net Profit
$166.0M
$-6.9M
Gross Margin
64.0%
Operating Margin
-4.2%
Net Margin
9040.6%
-23.1%
Revenue YoY
5.5%
6.4%
Net Profit YoY
-41.2%
-228.1%
EPS (diluted)
$1.18
$-0.23

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
BOC
BOC
Q4 25
$1.8M
$29.7M
Q3 25
$1.9M
$28.7M
Q2 25
$1.6M
$28.2M
Q1 25
$1.7M
$27.7M
Q4 24
$1.7M
$27.9M
Q3 24
$1.7M
$27.7M
Q2 24
$1.8M
$27.1M
Q1 24
$1.8M
$25.6M
Net Profit
AVB
AVB
BOC
BOC
Q4 25
$166.0M
$-6.9M
Q3 25
$381.3M
$-2.6M
Q2 25
$268.7M
$-2.3M
Q1 25
$236.6M
$-669.3K
Q4 24
$282.1M
$5.3M
Q3 24
$372.5M
$-1.6M
Q2 24
$253.9M
$-2.2M
Q1 24
$173.4M
$-2.8M
Gross Margin
AVB
AVB
BOC
BOC
Q4 25
64.0%
Q3 25
66.2%
Q2 25
66.1%
Q1 25
67.3%
Q4 24
69.5%
Q3 24
67.5%
Q2 24
68.2%
Q1 24
67.9%
Operating Margin
AVB
AVB
BOC
BOC
Q4 25
-4.2%
Q3 25
-3.7%
Q2 25
-2.9%
Q1 25
-2.9%
Q4 24
-4.6%
Q3 24
-2.7%
Q2 24
-16.2%
Q1 24
-8.1%
Net Margin
AVB
AVB
BOC
BOC
Q4 25
9040.6%
-23.1%
Q3 25
20390.7%
-9.0%
Q2 25
16854.8%
-8.2%
Q1 25
13581.9%
-2.4%
Q4 24
16212.2%
19.1%
Q3 24
21708.6%
-5.8%
Q2 24
13876.2%
-8.3%
Q1 24
9662.9%
-11.0%
EPS (diluted)
AVB
AVB
BOC
BOC
Q4 25
$1.18
$-0.23
Q3 25
$2.68
$-0.08
Q2 25
$1.88
$-0.07
Q1 25
$1.66
$-0.02
Q4 24
$1.99
$0.17
Q3 24
$2.61
$-0.05
Q2 24
$1.78
$-0.07
Q1 24
$1.22
$-0.09

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
BOC
BOC
Cash + ST InvestmentsLiquidity on hand
$187.2M
$56.8M
Total DebtLower is stronger
$9.3B
$25.7M
Stockholders' EquityBook value
$11.6B
$516.1M
Total Assets
$22.2B
$713.1M
Debt / EquityLower = less leverage
0.80×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
BOC
BOC
Q4 25
$187.2M
$56.8M
Q3 25
$123.3M
$67.6M
Q2 25
$102.8M
$68.6M
Q1 25
$53.3M
$69.2M
Q4 24
$108.6M
$73.2M
Q3 24
$552.4M
$58.6M
Q2 24
$545.8M
$53.1M
Q1 24
$287.9M
$53.4M
Total Debt
AVB
AVB
BOC
BOC
Q4 25
$9.3B
$25.7M
Q3 25
$8.7B
$25.9M
Q2 25
$8.7B
$26.1M
Q1 25
$8.3B
$26.3M
Q4 24
$8.1B
$26.5M
Q3 24
$8.4B
$26.7M
Q2 24
$8.4B
$26.9M
Q1 24
$8.0B
$27.1M
Stockholders' Equity
AVB
AVB
BOC
BOC
Q4 25
$11.6B
$516.1M
Q3 25
$11.9B
$528.4M
Q2 25
$11.9B
$531.0M
Q1 25
$11.9B
$533.3M
Q4 24
$11.9B
$532.8M
Q3 24
$11.9B
$527.7M
Q2 24
$11.7B
$530.5M
Q1 24
$11.7B
$536.2M
Total Assets
AVB
AVB
BOC
BOC
Q4 25
$22.2B
$713.1M
Q3 25
$21.9B
$721.4M
Q2 25
$21.8B
$730.6M
Q1 25
$21.2B
$730.8M
Q4 24
$21.0B
$728.3M
Q3 24
$21.3B
$711.9M
Q2 24
$21.0B
$723.1M
Q1 24
$20.6B
$757.3M
Debt / Equity
AVB
AVB
BOC
BOC
Q4 25
0.80×
0.05×
Q3 25
0.73×
0.05×
Q2 25
0.72×
0.05×
Q1 25
0.70×
0.05×
Q4 24
0.68×
0.05×
Q3 24
0.70×
0.05×
Q2 24
0.71×
0.05×
Q1 24
0.68×
0.05×

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
BOC
BOC
Operating Cash FlowLast quarter
$400.4M
$5.8M
Free Cash FlowOCF − Capex
$322.5M
$-2.5M
FCF MarginFCF / Revenue
17563.8%
-8.4%
Capex IntensityCapex / Revenue
4246.2%
28.0%
Cash ConversionOCF / Net Profit
2.41×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$-10.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
BOC
BOC
Q4 25
$400.4M
$5.8M
Q3 25
$477.0M
$4.9M
Q2 25
$377.8M
$4.6M
Q1 25
$415.9M
$2.6M
Q4 24
$328.8M
$9.1M
Q3 24
$486.2M
$5.2M
Q2 24
$380.0M
$4.5M
Q1 24
$412.9M
$2.4M
Free Cash Flow
AVB
AVB
BOC
BOC
Q4 25
$322.5M
$-2.5M
Q3 25
$402.2M
$-489.4K
Q2 25
$317.1M
$-2.7M
Q1 25
$367.5M
$-4.3M
Q4 24
$271.9M
$619.5K
Q3 24
$434.2M
$-1.2M
Q2 24
$333.0M
$-4.3M
Q1 24
$375.4M
$-6.0M
FCF Margin
AVB
AVB
BOC
BOC
Q4 25
17563.8%
-8.4%
Q3 25
21507.4%
-1.7%
Q2 25
19896.0%
-9.7%
Q1 25
21098.3%
-15.5%
Q4 24
15626.2%
2.2%
Q3 24
25305.2%
-4.4%
Q2 24
18195.7%
-15.9%
Q1 24
20914.5%
-23.6%
Capex Intensity
AVB
AVB
BOC
BOC
Q4 25
4246.2%
28.0%
Q3 25
3998.4%
18.9%
Q2 25
3806.1%
25.9%
Q1 25
2776.7%
24.7%
Q4 24
3271.1%
30.4%
Q3 24
3026.3%
23.2%
Q2 24
2568.9%
32.6%
Q1 24
2088.6%
33.1%
Cash Conversion
AVB
AVB
BOC
BOC
Q4 25
2.41×
Q3 25
1.25×
Q2 25
1.41×
Q1 25
1.76×
Q4 24
1.17×
1.71×
Q3 24
1.31×
Q2 24
1.50×
Q1 24
2.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

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