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Side-by-side financial comparison of AvalonBay Communities (AVB) and CIVITAS RESOURCES, INC. (CIVI). Click either name above to swap in a different company.

CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $767.9M, roughly 1.5× AvalonBay Communities). On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs -8.2%). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs 1.8%).

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

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

AVB vs CIVI — Head-to-Head

Bigger by revenue
CIVI
CIVI
1.5× larger
CIVI
$1.2B
$767.9M
AVB
Growing faster (revenue YoY)
AVB
AVB
+11.9% gap
AVB
3.7%
-8.2%
CIVI
Faster 2-yr revenue CAGR
AVB
AVB
Annualised
AVB
3.8%
1.8%
CIVI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AVB
AVB
CIVI
CIVI
Revenue
$767.9M
$1.2B
Net Profit
$166.0M
Gross Margin
Operating Margin
64.2%
20.0%
Net Margin
9040.6%
Revenue YoY
3.7%
-8.2%
Net Profit YoY
-41.2%
EPS (diluted)
$1.18
$1.99

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
CIVI
CIVI
Q4 25
$767.9M
Q3 25
$766.8M
$1.2B
Q2 25
$760.2M
$1.1B
Q1 25
$745.9M
$1.2B
Q4 24
$740.5M
$1.3B
Q3 24
$734.3M
$1.3B
Q2 24
$726.0M
$1.3B
Q1 24
$712.9M
$1.3B
Net Profit
AVB
AVB
CIVI
CIVI
Q4 25
$166.0M
Q3 25
$381.3M
Q2 25
$268.7M
Q1 25
$236.6M
Q4 24
$282.1M
Q3 24
$372.5M
Q2 24
$253.9M
Q1 24
$173.4M
Operating Margin
AVB
AVB
CIVI
CIVI
Q4 25
64.2%
Q3 25
65.7%
20.0%
Q2 25
67.6%
15.3%
Q1 25
68.5%
20.7%
Q4 24
63.1%
15.4%
Q3 24
65.4%
30.6%
Q2 24
66.6%
21.6%
Q1 24
67.2%
15.9%
Net Margin
AVB
AVB
CIVI
CIVI
Q4 25
9040.6%
Q3 25
49.7%
Q2 25
35.3%
Q1 25
31.7%
Q4 24
38.1%
Q3 24
50.7%
Q2 24
35.0%
Q1 24
24.3%
EPS (diluted)
AVB
AVB
CIVI
CIVI
Q4 25
$1.18
Q3 25
$2.68
$1.99
Q2 25
$1.88
$1.34
Q1 25
$1.66
$1.99
Q4 24
$1.99
$1.56
Q3 24
$2.61
$3.01
Q2 24
$1.78
$2.15
Q1 24
$1.22
$1.74

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
CIVI
CIVI
Cash + ST InvestmentsLiquidity on hand
$187.2M
$56.0M
Total DebtLower is stronger
$9.3B
$5.1B
Stockholders' EquityBook value
$11.6B
$6.7B
Total Assets
$22.2B
$15.1B
Debt / EquityLower = less leverage
0.80×
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
CIVI
CIVI
Q4 25
$187.2M
Q3 25
$123.3M
$56.0M
Q2 25
$102.8M
$69.0M
Q1 25
$53.3M
$20.0M
Q4 24
$108.6M
$76.0M
Q3 24
$552.4M
$47.1M
Q2 24
$545.8M
$91.9M
Q1 24
$287.9M
$52.1M
Total Debt
AVB
AVB
CIVI
CIVI
Q4 25
$9.3B
Q3 25
$8.7B
$5.1B
Q2 25
$8.7B
$5.4B
Q1 25
$8.3B
$5.1B
Q4 24
$8.1B
$4.5B
Q3 24
$8.4B
$4.8B
Q2 24
$8.4B
$4.9B
Q1 24
$8.0B
$4.4B
Stockholders' Equity
AVB
AVB
CIVI
CIVI
Q4 25
$11.6B
Q3 25
$11.9B
$6.7B
Q2 25
$11.9B
$6.8B
Q1 25
$11.9B
$6.7B
Q4 24
$11.9B
$6.6B
Q3 24
$11.9B
$6.7B
Q2 24
$11.7B
$6.6B
Q1 24
$11.7B
$6.6B
Total Assets
AVB
AVB
CIVI
CIVI
Q4 25
$22.2B
Q3 25
$21.9B
$15.1B
Q2 25
$21.8B
$15.4B
Q1 25
$21.2B
$15.3B
Q4 24
$21.0B
$14.9B
Q3 24
$21.3B
$15.0B
Q2 24
$21.0B
$15.0B
Q1 24
$20.6B
$15.1B
Debt / Equity
AVB
AVB
CIVI
CIVI
Q4 25
0.80×
Q3 25
0.73×
0.77×
Q2 25
0.72×
0.79×
Q1 25
0.70×
0.76×
Q4 24
0.68×
0.68×
Q3 24
0.70×
0.73×
Q2 24
0.71×
0.74×
Q1 24
0.68×
0.67×

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
CIVI
CIVI
Operating Cash FlowLast quarter
$1.7B
$860.0M
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
183.5%
Capex IntensityCapex / Revenue
34.1%
Cash ConversionOCF / Net Profit
10.07×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
CIVI
CIVI
Q4 25
$1.7B
Q3 25
$477.0M
$860.0M
Q2 25
$377.8M
$298.0M
Q1 25
$415.9M
$719.0M
Q4 24
$1.6B
$858.2M
Q3 24
$486.2M
$835.0M
Q2 24
$380.0M
$359.0M
Q1 24
$412.9M
$813.0M
Free Cash Flow
AVB
AVB
CIVI
CIVI
Q4 25
$1.4B
Q3 25
$402.2M
Q2 25
$317.1M
Q1 25
$367.5M
Q4 24
$1.4B
Q3 24
$434.2M
Q2 24
$333.0M
Q1 24
$375.4M
FCF Margin
AVB
AVB
CIVI
CIVI
Q4 25
183.5%
Q3 25
52.5%
Q2 25
41.7%
Q1 25
49.3%
Q4 24
191.0%
Q3 24
59.1%
Q2 24
45.9%
Q1 24
52.7%
Capex Intensity
AVB
AVB
CIVI
CIVI
Q4 25
34.1%
Q3 25
9.8%
Q2 25
8.0%
Q1 25
6.5%
Q4 24
26.1%
Q3 24
7.1%
Q2 24
6.5%
Q1 24
5.3%
Cash Conversion
AVB
AVB
CIVI
CIVI
Q4 25
10.07×
Q3 25
1.25×
Q2 25
1.41×
Q1 25
1.76×
Q4 24
5.70×
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.

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

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