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Side-by-side financial comparison of AvalonBay Communities (AVB) and Dynatrace, Inc. (DT). Click either name above to swap in a different company.

AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $515.5M, roughly 1.5× Dynatrace, Inc.). AvalonBay Communities runs the higher net margin — 9040.6% vs 7.8%, a 9032.8% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $27.2M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs 3.8%).

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

Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.

AVB vs DT — Head-to-Head

Bigger by revenue
AVB
AVB
1.5× larger
AVB
$767.9M
$515.5M
DT
Growing faster (revenue YoY)
DT
DT
+14.5% gap
DT
18.2%
3.7%
AVB
Higher net margin
AVB
AVB
9032.8% more per $
AVB
9040.6%
7.8%
DT
More free cash flow
AVB
AVB
$1.4B more FCF
AVB
$1.4B
$27.2M
DT
Faster 2-yr revenue CAGR
DT
DT
Annualised
DT
16.3%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AVB
AVB
DT
DT
Revenue
$767.9M
$515.5M
Net Profit
$166.0M
$40.1M
Gross Margin
81.4%
Operating Margin
64.2%
14.1%
Net Margin
9040.6%
7.8%
Revenue YoY
3.7%
18.2%
Net Profit YoY
-41.2%
-88.9%
EPS (diluted)
$1.18
$0.13

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
DT
DT
Q4 25
$767.9M
$515.5M
Q3 25
$766.8M
$493.8M
Q2 25
$760.2M
$477.3M
Q1 25
$745.9M
$445.2M
Q4 24
$740.5M
$436.2M
Q3 24
$734.3M
$418.1M
Q2 24
$726.0M
$399.2M
Q1 24
$712.9M
$380.8M
Net Profit
AVB
AVB
DT
DT
Q4 25
$166.0M
$40.1M
Q3 25
$381.3M
$57.2M
Q2 25
$268.7M
$48.0M
Q1 25
$236.6M
$39.3M
Q4 24
$282.1M
$361.8M
Q3 24
$372.5M
$44.0M
Q2 24
$253.9M
$38.6M
Q1 24
$173.4M
$37.9M
Gross Margin
AVB
AVB
DT
DT
Q4 25
81.4%
Q3 25
81.8%
Q2 25
82.1%
Q1 25
80.9%
Q4 24
81.1%
Q3 24
81.4%
Q2 24
81.3%
Q1 24
81.1%
Operating Margin
AVB
AVB
DT
DT
Q4 25
64.2%
14.1%
Q3 25
65.7%
14.8%
Q2 25
67.6%
13.1%
Q1 25
68.5%
9.6%
Q4 24
63.1%
10.9%
Q3 24
65.4%
11.2%
Q2 24
66.6%
10.5%
Q1 24
67.2%
6.1%
Net Margin
AVB
AVB
DT
DT
Q4 25
9040.6%
7.8%
Q3 25
49.7%
11.6%
Q2 25
35.3%
10.0%
Q1 25
31.7%
8.8%
Q4 24
38.1%
82.9%
Q3 24
50.7%
10.5%
Q2 24
35.0%
9.7%
Q1 24
24.3%
10.0%
EPS (diluted)
AVB
AVB
DT
DT
Q4 25
$1.18
$0.13
Q3 25
$2.68
$0.19
Q2 25
$1.88
$0.16
Q1 25
$1.66
$0.12
Q4 24
$1.99
$1.19
Q3 24
$2.61
$0.15
Q2 24
$1.78
$0.13
Q1 24
$1.22
$0.13

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
DT
DT
Cash + ST InvestmentsLiquidity on hand
$187.2M
$1.2B
Total DebtLower is stronger
$9.3B
Stockholders' EquityBook value
$11.6B
$2.7B
Total Assets
$22.2B
$4.1B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
DT
DT
Q4 25
$187.2M
$1.2B
Q3 25
$123.3M
$1.3B
Q2 25
$102.8M
$1.3B
Q1 25
$53.3M
$1.1B
Q4 24
$108.6M
$1.0B
Q3 24
$552.4M
$1.0B
Q2 24
$545.8M
$1.0B
Q1 24
$287.9M
$836.9M
Total Debt
AVB
AVB
DT
DT
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
DT
DT
Q4 25
$11.6B
$2.7B
Q3 25
$11.9B
$2.8B
Q2 25
$11.9B
$2.7B
Q1 25
$11.9B
$2.6B
Q4 24
$11.9B
$2.6B
Q3 24
$11.9B
$2.1B
Q2 24
$11.7B
$2.1B
Q1 24
$11.7B
$2.0B
Total Assets
AVB
AVB
DT
DT
Q4 25
$22.2B
$4.1B
Q3 25
$21.9B
$4.1B
Q2 25
$21.8B
$4.1B
Q1 25
$21.2B
$4.1B
Q4 24
$21.0B
$3.7B
Q3 24
$21.3B
$3.3B
Q2 24
$21.0B
$3.3B
Q1 24
$20.6B
$3.4B
Debt / Equity
AVB
AVB
DT
DT
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
DT
DT
Operating Cash FlowLast quarter
$1.7B
$33.8M
Free Cash FlowOCF − Capex
$1.4B
$27.2M
FCF MarginFCF / Revenue
183.5%
5.3%
Capex IntensityCapex / Revenue
34.1%
1.3%
Cash ConversionOCF / Net Profit
10.07×
0.84×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$465.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
DT
DT
Q4 25
$1.7B
$33.8M
Q3 25
$477.0M
$32.0M
Q2 25
$377.8M
$269.7M
Q1 25
$415.9M
$162.8M
Q4 24
$1.6B
$42.2M
Q3 24
$486.2M
$23.6M
Q2 24
$380.0M
$230.7M
Q1 24
$412.9M
$131.7M
Free Cash Flow
AVB
AVB
DT
DT
Q4 25
$1.4B
$27.2M
Q3 25
$402.2M
$27.8M
Q2 25
$317.1M
$262.2M
Q1 25
$367.5M
$148.2M
Q4 24
$1.4B
$37.6M
Q3 24
$434.2M
$20.1M
Q2 24
$333.0M
$227.4M
Q1 24
$375.4M
$121.9M
FCF Margin
AVB
AVB
DT
DT
Q4 25
183.5%
5.3%
Q3 25
52.5%
5.6%
Q2 25
41.7%
54.9%
Q1 25
49.3%
33.3%
Q4 24
191.0%
8.6%
Q3 24
59.1%
4.8%
Q2 24
45.9%
57.0%
Q1 24
52.7%
32.0%
Capex Intensity
AVB
AVB
DT
DT
Q4 25
34.1%
1.3%
Q3 25
9.8%
0.8%
Q2 25
8.0%
1.6%
Q1 25
6.5%
3.3%
Q4 24
26.1%
1.1%
Q3 24
7.1%
0.8%
Q2 24
6.5%
0.8%
Q1 24
5.3%
2.6%
Cash Conversion
AVB
AVB
DT
DT
Q4 25
10.07×
0.84×
Q3 25
1.25×
0.56×
Q2 25
1.41×
5.62×
Q1 25
1.76×
4.14×
Q4 24
5.70×
0.12×
Q3 24
1.31×
0.54×
Q2 24
1.50×
5.97×
Q1 24
2.38×
3.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

DT
DT

Subscription And Circulation$493.4M96%
Services$22.1M4%

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