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Side-by-side financial comparison of AvalonBay Communities (AVB) and AMDOCS LTD (DOX). Click either name above to swap in a different company.

AMDOCS LTD is the larger business by last-quarter revenue ($1.3B vs $767.9M, roughly 1.6× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 11.2%, a 9029.4% gap on every dollar of revenue. On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs 1.1%). Over the past eight quarters, AMDOCS LTD's revenue compounded faster (4.5% CAGR vs 3.8%).

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

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

AVB vs DOX — Head-to-Head

Bigger by revenue
DOX
DOX
1.6× larger
DOX
$1.3B
$767.9M
AVB
Growing faster (revenue YoY)
AVB
AVB
+2.5% gap
AVB
3.7%
1.1%
DOX
Higher net margin
AVB
AVB
9029.4% more per $
AVB
9040.6%
11.2%
DOX
Faster 2-yr revenue CAGR
DOX
DOX
Annualised
DOX
4.5%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q3 FY2024

Metric
AVB
AVB
DOX
DOX
Revenue
$767.9M
$1.3B
Net Profit
$166.0M
$140.3M
Gross Margin
Operating Margin
64.2%
14.1%
Net Margin
9040.6%
11.2%
Revenue YoY
3.7%
1.1%
Net Profit YoY
-41.2%
-12.0%
EPS (diluted)
$1.18
$1.21

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
DOX
DOX
Q4 25
$767.9M
Q3 25
$766.8M
Q2 25
$760.2M
Q1 25
$745.9M
Q4 24
$740.5M
Q3 24
$734.3M
Q2 24
$726.0M
$1.3B
Q1 24
$712.9M
$1.2B
Net Profit
AVB
AVB
DOX
DOX
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
$140.3M
Q1 24
$173.4M
$118.5M
Operating Margin
AVB
AVB
DOX
DOX
Q4 25
64.2%
Q3 25
65.7%
Q2 25
67.6%
Q1 25
68.5%
Q4 24
63.1%
Q3 24
65.4%
Q2 24
66.6%
14.1%
Q1 24
67.2%
12.5%
Net Margin
AVB
AVB
DOX
DOX
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%
11.2%
Q1 24
24.3%
9.5%
EPS (diluted)
AVB
AVB
DOX
DOX
Q4 25
$1.18
Q3 25
$2.68
Q2 25
$1.88
Q1 25
$1.66
Q4 24
$1.99
Q3 24
$2.61
Q2 24
$1.78
$1.21
Q1 24
$1.22
$1.01

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
DOX
DOX
Q4 25
$187.2M
Q3 25
$123.3M
Q2 25
$102.8M
Q1 25
$53.3M
Q4 24
$108.6M
Q3 24
$552.4M
Q2 24
$545.8M
Q1 24
$287.9M
Total Debt
AVB
AVB
DOX
DOX
Q4 25
$9.3B
Q3 25
$8.7B
Q2 25
$8.7B
Q1 25
$8.3B
Q4 24
$8.1B
Q3 24
$8.4B
Q2 24
$8.4B
Q1 24
$8.0B
Stockholders' Equity
AVB
AVB
DOX
DOX
Q4 25
$11.6B
Q3 25
$11.9B
Q2 25
$11.9B
Q1 25
$11.9B
Q4 24
$11.9B
Q3 24
$11.9B
Q2 24
$11.7B
Q1 24
$11.7B
Total Assets
AVB
AVB
DOX
DOX
Q4 25
$22.2B
Q3 25
$21.9B
Q2 25
$21.8B
Q1 25
$21.2B
Q4 24
$21.0B
Q3 24
$21.3B
Q2 24
$21.0B
Q1 24
$20.6B
Debt / Equity
AVB
AVB
DOX
DOX
Q4 25
0.80×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.70×
Q4 24
0.68×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.68×

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
DOX
DOX
Operating Cash FlowLast quarter
$1.7B
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
DOX
DOX
Q4 25
$1.7B
Q3 25
$477.0M
Q2 25
$377.8M
Q1 25
$415.9M
Q4 24
$1.6B
Q3 24
$486.2M
Q2 24
$380.0M
Q1 24
$412.9M
Free Cash Flow
AVB
AVB
DOX
DOX
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
DOX
DOX
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
DOX
DOX
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
DOX
DOX
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.

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