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

EnerSys is the larger business by last-quarter revenue ($919.1M vs $767.9M, roughly 1.2× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 9.8%, a 9030.7% gap on every dollar of revenue. On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs 1.4%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $171.3M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs 0.5%).

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

EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.

AVB vs ENS — Head-to-Head

Bigger by revenue
ENS
ENS
1.2× larger
ENS
$919.1M
$767.9M
AVB
Growing faster (revenue YoY)
AVB
AVB
+2.3% gap
AVB
3.7%
1.4%
ENS
Higher net margin
AVB
AVB
9030.7% more per $
AVB
9040.6%
9.8%
ENS
More free cash flow
AVB
AVB
$1.2B more FCF
AVB
$1.4B
$171.3M
ENS
Faster 2-yr revenue CAGR
AVB
AVB
Annualised
AVB
3.8%
0.5%
ENS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AVB
AVB
ENS
ENS
Revenue
$767.9M
$919.1M
Net Profit
$166.0M
$90.4M
Gross Margin
30.1%
Operating Margin
64.2%
13.5%
Net Margin
9040.6%
9.8%
Revenue YoY
3.7%
1.4%
Net Profit YoY
-41.2%
-21.3%
EPS (diluted)
$1.18
$2.40

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
ENS
ENS
Q4 25
$767.9M
$919.1M
Q3 25
$766.8M
$951.3M
Q2 25
$760.2M
$893.0M
Q1 25
$745.9M
$974.8M
Q4 24
$740.5M
$906.2M
Q3 24
$734.3M
$883.7M
Q2 24
$726.0M
$852.9M
Q1 24
$712.9M
$910.7M
Net Profit
AVB
AVB
ENS
ENS
Q4 25
$166.0M
$90.4M
Q3 25
$381.3M
$68.4M
Q2 25
$268.7M
$57.5M
Q1 25
$236.6M
$96.5M
Q4 24
$282.1M
$114.8M
Q3 24
$372.5M
$82.3M
Q2 24
$253.9M
$70.1M
Q1 24
$173.4M
$60.9M
Gross Margin
AVB
AVB
ENS
ENS
Q4 25
30.1%
Q3 25
29.1%
Q2 25
28.4%
Q1 25
31.2%
Q4 24
32.9%
Q3 24
28.5%
Q2 24
27.9%
Q1 24
27.9%
Operating Margin
AVB
AVB
ENS
ENS
Q4 25
64.2%
13.5%
Q3 25
65.7%
9.7%
Q2 25
67.6%
9.7%
Q1 25
68.5%
13.5%
Q4 24
63.1%
15.7%
Q3 24
65.4%
11.2%
Q2 24
66.6%
10.7%
Q1 24
67.2%
8.9%
Net Margin
AVB
AVB
ENS
ENS
Q4 25
9040.6%
9.8%
Q3 25
49.7%
7.2%
Q2 25
35.3%
6.4%
Q1 25
31.7%
9.9%
Q4 24
38.1%
12.7%
Q3 24
50.7%
9.3%
Q2 24
35.0%
8.2%
Q1 24
24.3%
6.7%
EPS (diluted)
AVB
AVB
ENS
ENS
Q4 25
$1.18
$2.40
Q3 25
$2.68
$1.80
Q2 25
$1.88
$1.46
Q1 25
$1.66
$2.39
Q4 24
$1.99
$2.88
Q3 24
$2.61
$2.01
Q2 24
$1.78
$1.71
Q1 24
$1.22
$1.48

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
ENS
ENS
Cash + ST InvestmentsLiquidity on hand
$187.2M
$450.1M
Total DebtLower is stronger
$9.3B
Stockholders' EquityBook value
$11.6B
$1.9B
Total Assets
$22.2B
$4.0B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
ENS
ENS
Q4 25
$187.2M
$450.1M
Q3 25
$123.3M
$388.6M
Q2 25
$102.8M
$346.7M
Q1 25
$53.3M
$343.1M
Q4 24
$108.6M
$463.2M
Q3 24
$552.4M
$407.9M
Q2 24
$545.8M
$344.1M
Q1 24
$287.9M
$333.3M
Total Debt
AVB
AVB
ENS
ENS
Q4 25
$9.3B
Q3 25
$8.7B
Q2 25
$8.7B
Q1 25
$8.3B
$1.1B
Q4 24
$8.1B
Q3 24
$8.4B
Q2 24
$8.4B
Q1 24
$8.0B
$802.0M
Stockholders' Equity
AVB
AVB
ENS
ENS
Q4 25
$11.6B
$1.9B
Q3 25
$11.9B
$1.9B
Q2 25
$11.9B
$1.9B
Q1 25
$11.9B
$1.9B
Q4 24
$11.9B
$1.8B
Q3 24
$11.9B
$1.8B
Q2 24
$11.7B
$1.8B
Q1 24
$11.7B
$1.8B
Total Assets
AVB
AVB
ENS
ENS
Q4 25
$22.2B
$4.0B
Q3 25
$21.9B
$4.1B
Q2 25
$21.8B
$4.1B
Q1 25
$21.2B
$4.0B
Q4 24
$21.0B
$4.0B
Q3 24
$21.3B
$4.0B
Q2 24
$21.0B
$3.6B
Q1 24
$20.6B
$3.5B
Debt / Equity
AVB
AVB
ENS
ENS
Q4 25
0.80×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.70×
0.57×
Q4 24
0.68×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.68×
0.46×

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
ENS
ENS
Operating Cash FlowLast quarter
$1.7B
$184.6M
Free Cash FlowOCF − Capex
$1.4B
$171.3M
FCF MarginFCF / Revenue
183.5%
18.6%
Capex IntensityCapex / Revenue
34.1%
1.4%
Cash ConversionOCF / Net Profit
10.07×
2.04×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$441.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
ENS
ENS
Q4 25
$1.7B
$184.6M
Q3 25
$477.0M
$218.0M
Q2 25
$377.8M
$968.0K
Q1 25
$415.9M
$135.2M
Q4 24
$1.6B
$81.1M
Q3 24
$486.2M
$33.6M
Q2 24
$380.0M
$10.4M
Q1 24
$412.9M
Free Cash Flow
AVB
AVB
ENS
ENS
Q4 25
$1.4B
$171.3M
Q3 25
$402.2M
$197.1M
Q2 25
$317.1M
$-32.1M
Q1 25
$367.5M
$104.9M
Q4 24
$1.4B
$56.8M
Q3 24
$434.2M
$3.3M
Q2 24
$333.0M
$-25.7M
Q1 24
$375.4M
FCF Margin
AVB
AVB
ENS
ENS
Q4 25
183.5%
18.6%
Q3 25
52.5%
20.7%
Q2 25
41.7%
-3.6%
Q1 25
49.3%
10.8%
Q4 24
191.0%
6.3%
Q3 24
59.1%
0.4%
Q2 24
45.9%
-3.0%
Q1 24
52.7%
Capex Intensity
AVB
AVB
ENS
ENS
Q4 25
34.1%
1.4%
Q3 25
9.8%
2.2%
Q2 25
8.0%
3.7%
Q1 25
6.5%
3.1%
Q4 24
26.1%
2.7%
Q3 24
7.1%
3.4%
Q2 24
6.5%
4.2%
Q1 24
5.3%
Cash Conversion
AVB
AVB
ENS
ENS
Q4 25
10.07×
2.04×
Q3 25
1.25×
3.19×
Q2 25
1.41×
0.02×
Q1 25
1.76×
1.40×
Q4 24
5.70×
0.71×
Q3 24
1.31×
0.41×
Q2 24
1.50×
0.15×
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.

ENS
ENS

Energy Systems$399.5M43%
Motive Power$352.0M38%
Services$92.6M10%
Transferred Over Time$38.2M4%
Other$36.8M4%

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