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Side-by-side financial comparison of AvalonBay Communities (AVB) and ESAB Corp (ESAB). Click either name above to swap in a different company.
AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $727.8M, roughly 1.1× ESAB Corp). AvalonBay Communities runs the higher net margin — 9040.6% vs 7.5%, a 9033.0% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $70.3M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs 2.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
AVB vs ESAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $727.8M |
| Net Profit | $166.0M | $54.8M |
| Gross Margin | — | 37.0% |
| Operating Margin | 64.2% | 14.6% |
| Net Margin | 9040.6% | 7.5% |
| Revenue YoY | 3.7% | 8.5% |
| Net Profit YoY | -41.2% | 2.1% |
| EPS (diluted) | $1.18 | $0.90 |
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.
| Q4 25 | $767.9M | $727.8M | ||
| Q3 25 | $766.8M | $715.6M | ||
| Q2 25 | $760.2M | $678.1M | ||
| Q1 25 | $745.9M | — | ||
| Q4 24 | $740.5M | $670.8M | ||
| Q3 24 | $734.3M | $673.3M | ||
| Q2 24 | $726.0M | $707.1M | ||
| Q1 24 | $712.9M | $689.7M |
| Q4 25 | $166.0M | $54.8M | ||
| Q3 25 | $381.3M | $66.9M | ||
| Q2 25 | $268.7M | $67.4M | ||
| Q1 25 | $236.6M | — | ||
| Q4 24 | $282.1M | $53.7M | ||
| Q3 24 | $372.5M | $68.2M | ||
| Q2 24 | $253.9M | $82.9M | ||
| Q1 24 | $173.4M | $60.0M |
| Q4 25 | — | 37.0% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 38.5% | ||
| Q3 24 | — | 37.7% | ||
| Q2 24 | — | 38.2% | ||
| Q1 24 | — | 37.0% |
| Q4 25 | 64.2% | 14.6% | ||
| Q3 25 | 65.7% | 15.2% | ||
| Q2 25 | 67.6% | 16.2% | ||
| Q1 25 | 68.5% | — | ||
| Q4 24 | 63.1% | 16.6% | ||
| Q3 24 | 65.4% | 15.7% | ||
| Q2 24 | 66.6% | 16.9% | ||
| Q1 24 | 67.2% | 16.0% |
| Q4 25 | 9040.6% | 7.5% | ||
| Q3 25 | 49.7% | 9.3% | ||
| Q2 25 | 35.3% | 9.9% | ||
| Q1 25 | 31.7% | — | ||
| Q4 24 | 38.1% | 8.0% | ||
| Q3 24 | 50.7% | 10.1% | ||
| Q2 24 | 35.0% | 11.7% | ||
| Q1 24 | 24.3% | 8.7% |
| Q4 25 | $1.18 | $0.90 | ||
| Q3 25 | $2.68 | $1.09 | ||
| Q2 25 | $1.88 | $1.10 | ||
| Q1 25 | $1.66 | — | ||
| Q4 24 | $1.99 | $0.87 | ||
| Q3 24 | $2.61 | $1.11 | ||
| Q2 24 | $1.78 | $1.35 | ||
| Q1 24 | $1.22 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $218.2M |
| Total DebtLower is stronger | $9.3B | $1.3B |
| Stockholders' EquityBook value | $11.6B | $2.1B |
| Total Assets | $22.2B | $4.9B |
| Debt / EquityLower = less leverage | 0.80× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $218.2M | ||
| Q3 25 | $123.3M | $258.2M | ||
| Q2 25 | $102.8M | $291.3M | ||
| Q1 25 | $53.3M | — | ||
| Q4 24 | $108.6M | $249.4M | ||
| Q3 24 | $552.4M | $253.7M | ||
| Q2 24 | $545.8M | $228.5M | ||
| Q1 24 | $287.9M | $76.5M |
| Q4 25 | $9.3B | $1.3B | ||
| Q3 25 | $8.7B | $1.1B | ||
| Q2 25 | $8.7B | $1.1B | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | $1.1B | ||
| Q3 24 | $8.4B | $1.1B | ||
| Q2 24 | $8.4B | $1.1B | ||
| Q1 24 | $8.0B | $992.8M |
| Q4 25 | $11.6B | $2.1B | ||
| Q3 25 | $11.9B | $2.1B | ||
| Q2 25 | $11.9B | $1.9B | ||
| Q1 25 | $11.9B | — | ||
| Q4 24 | $11.9B | $1.8B | ||
| Q3 24 | $11.9B | $1.8B | ||
| Q2 24 | $11.7B | $1.7B | ||
| Q1 24 | $11.7B | $1.6B |
| Q4 25 | $22.2B | $4.9B | ||
| Q3 25 | $21.9B | $4.4B | ||
| Q2 25 | $21.8B | $4.2B | ||
| Q1 25 | $21.2B | — | ||
| Q4 24 | $21.0B | $4.0B | ||
| Q3 24 | $21.3B | $4.1B | ||
| Q2 24 | $21.0B | $4.0B | ||
| Q1 24 | $20.6B | $3.8B |
| Q4 25 | 0.80× | 0.63× | ||
| Q3 25 | 0.73× | 0.51× | ||
| Q2 25 | 0.72× | 0.55× | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | 0.60× | ||
| Q3 24 | 0.70× | 0.59× | ||
| Q2 24 | 0.71× | 0.63× | ||
| Q1 24 | 0.68× | 0.61× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $81.5M |
| Free Cash FlowOCF − Capex | $1.4B | $70.3M |
| FCF MarginFCF / Revenue | 183.5% | 9.7% |
| Capex IntensityCapex / Revenue | 34.1% | 1.5% |
| Cash ConversionOCF / Net Profit | 10.07× | 1.49× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $238.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $81.5M | ||
| Q3 25 | $477.0M | $46.6M | ||
| Q2 25 | $377.8M | $35.4M | ||
| Q1 25 | $415.9M | — | ||
| Q4 24 | $1.6B | $126.9M | ||
| Q3 24 | $486.2M | $101.0M | ||
| Q2 24 | $380.0M | $83.0M | ||
| Q1 24 | $412.9M | $44.5M |
| Q4 25 | $1.4B | $70.3M | ||
| Q3 25 | $402.2M | $37.4M | ||
| Q2 25 | $317.1M | $28.1M | ||
| Q1 25 | $367.5M | — | ||
| Q4 24 | $1.4B | $102.2M | ||
| Q3 24 | $434.2M | $90.4M | ||
| Q2 24 | $333.0M | $74.0M | ||
| Q1 24 | $375.4M | $37.1M |
| Q4 25 | 183.5% | 9.7% | ||
| Q3 25 | 52.5% | 5.2% | ||
| Q2 25 | 41.7% | 4.1% | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 191.0% | 15.2% | ||
| Q3 24 | 59.1% | 13.4% | ||
| Q2 24 | 45.9% | 10.5% | ||
| Q1 24 | 52.7% | 5.4% |
| Q4 25 | 34.1% | 1.5% | ||
| Q3 25 | 9.8% | 1.3% | ||
| Q2 25 | 8.0% | 1.1% | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 26.1% | 3.7% | ||
| Q3 24 | 7.1% | 1.6% | ||
| Q2 24 | 6.5% | 1.3% | ||
| Q1 24 | 5.3% | 1.1% |
| Q4 25 | 10.07× | 1.49× | ||
| Q3 25 | 1.25× | 0.70× | ||
| Q2 25 | 1.41× | 0.53× | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 5.70× | 2.36× | ||
| Q3 24 | 1.31× | 1.48× | ||
| Q2 24 | 1.50× | 1.00× | ||
| Q1 24 | 2.38× | 0.74× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVB
Segment breakdown not available.
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
