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

Fortive is the larger business by last-quarter revenue ($1.1B vs $767.9M, roughly 1.4× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 12.8%, a 9027.8% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $193.8M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs -17.0%).

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

Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of Decem...

AVB vs FTV — Head-to-Head

Bigger by revenue
FTV
FTV
1.4× larger
FTV
$1.1B
$767.9M
AVB
Growing faster (revenue YoY)
FTV
FTV
+4.0% gap
FTV
7.7%
3.7%
AVB
Higher net margin
AVB
AVB
9027.8% more per $
AVB
9040.6%
12.8%
FTV
More free cash flow
AVB
AVB
$1.2B more FCF
AVB
$1.4B
$193.8M
FTV
Faster 2-yr revenue CAGR
AVB
AVB
Annualised
AVB
3.8%
-17.0%
FTV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVB
AVB
FTV
FTV
Revenue
$767.9M
$1.1B
Net Profit
$166.0M
$136.4M
Gross Margin
63.2%
Operating Margin
64.2%
17.9%
Net Margin
9040.6%
12.8%
Revenue YoY
3.7%
7.7%
Net Profit YoY
-41.2%
21.1%
EPS (diluted)
$1.18
$0.44

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
FTV
FTV
Q1 26
$1.1B
Q4 25
$767.9M
$1.1B
Q3 25
$766.8M
$1.0B
Q2 25
$760.2M
$1.5B
Q1 25
$745.9M
$1.5B
Q4 24
$740.5M
$1.6B
Q3 24
$734.3M
$1.5B
Q2 24
$726.0M
$1.6B
Net Profit
AVB
AVB
FTV
FTV
Q1 26
$136.4M
Q4 25
$166.0M
$185.7M
Q3 25
$381.3M
$55.0M
Q2 25
$268.7M
$166.6M
Q1 25
$236.6M
$171.9M
Q4 24
$282.1M
$208.8M
Q3 24
$372.5M
$221.6M
Q2 24
$253.9M
$195.1M
Gross Margin
AVB
AVB
FTV
FTV
Q1 26
63.2%
Q4 25
63.2%
Q3 25
63.2%
Q2 25
59.0%
Q1 25
59.8%
Q4 24
60.3%
Q3 24
60.0%
Q2 24
59.8%
Operating Margin
AVB
AVB
FTV
FTV
Q1 26
17.9%
Q4 25
64.2%
20.1%
Q3 25
65.7%
15.5%
Q2 25
67.6%
14.6%
Q1 25
68.5%
15.8%
Q4 24
63.1%
19.0%
Q3 24
65.4%
19.3%
Q2 24
66.6%
19.4%
Net Margin
AVB
AVB
FTV
FTV
Q1 26
12.8%
Q4 25
9040.6%
16.5%
Q3 25
49.7%
5.4%
Q2 25
35.3%
11.0%
Q1 25
31.7%
11.7%
Q4 24
38.1%
12.9%
Q3 24
50.7%
14.4%
Q2 24
35.0%
12.6%
EPS (diluted)
AVB
AVB
FTV
FTV
Q1 26
$0.44
Q4 25
$1.18
$0.60
Q3 25
$2.68
$0.16
Q2 25
$1.88
$0.49
Q1 25
$1.66
$0.50
Q4 24
$1.99
$0.60
Q3 24
$2.61
$0.63
Q2 24
$1.78
$0.55

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
FTV
FTV
Cash + ST InvestmentsLiquidity on hand
$187.2M
$356.1M
Total DebtLower is stronger
$9.3B
$3.5B
Stockholders' EquityBook value
$11.6B
$6.1B
Total Assets
$22.2B
$11.6B
Debt / EquityLower = less leverage
0.80×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
FTV
FTV
Q1 26
$356.1M
Q4 25
$187.2M
$375.5M
Q3 25
$123.3M
$430.8M
Q2 25
$102.8M
$1.8B
Q1 25
$53.3M
$892.1M
Q4 24
$108.6M
$813.3M
Q3 24
$552.4M
$811.3M
Q2 24
$545.8M
$644.1M
Total Debt
AVB
AVB
FTV
FTV
Q1 26
$3.5B
Q4 25
$9.3B
$3.2B
Q3 25
$8.7B
$3.3B
Q2 25
$8.7B
$4.8B
Q1 25
$8.3B
$3.9B
Q4 24
$8.1B
$3.7B
Q3 24
$8.4B
$3.9B
Q2 24
$8.4B
$3.8B
Stockholders' Equity
AVB
AVB
FTV
FTV
Q1 26
$6.1B
Q4 25
$11.6B
$6.5B
Q3 25
$11.9B
$6.5B
Q2 25
$11.9B
$10.4B
Q1 25
$11.9B
$10.2B
Q4 24
$11.9B
$10.2B
Q3 24
$11.9B
$10.6B
Q2 24
$11.7B
$10.5B
Total Assets
AVB
AVB
FTV
FTV
Q1 26
$11.6B
Q4 25
$22.2B
$11.7B
Q3 25
$21.9B
$11.9B
Q2 25
$21.8B
$18.2B
Q1 25
$21.2B
$17.1B
Q4 24
$21.0B
$17.0B
Q3 24
$21.3B
$17.5B
Q2 24
$21.0B
$17.3B
Debt / Equity
AVB
AVB
FTV
FTV
Q1 26
0.57×
Q4 25
0.80×
0.50×
Q3 25
0.73×
0.51×
Q2 25
0.72×
0.46×
Q1 25
0.70×
0.38×
Q4 24
0.68×
0.36×
Q3 24
0.70×
0.37×
Q2 24
0.71×
0.36×

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
FTV
FTV
Operating Cash FlowLast quarter
$1.7B
$234.8M
Free Cash FlowOCF − Capex
$1.4B
$193.8M
FCF MarginFCF / Revenue
183.5%
18.1%
Capex IntensityCapex / Revenue
34.1%
2.5%
Cash ConversionOCF / Net Profit
10.07×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$935.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
FTV
FTV
Q1 26
$234.8M
Q4 25
$1.7B
$1.1B
Q3 25
$477.0M
$164.4M
Q2 25
$377.8M
$311.2M
Q1 25
$415.9M
$241.7M
Q4 24
$1.6B
$502.2M
Q3 24
$486.2M
$459.0M
Q2 24
$380.0M
$308.9M
Free Cash Flow
AVB
AVB
FTV
FTV
Q1 26
$193.8M
Q4 25
$1.4B
$313.8M
Q3 25
$402.2M
$153.1M
Q2 25
$317.1M
$274.5M
Q1 25
$367.5M
$215.0M
Q4 24
$1.4B
$465.2M
Q3 24
$434.2M
$431.2M
Q2 24
$333.0M
$279.7M
FCF Margin
AVB
AVB
FTV
FTV
Q1 26
18.1%
Q4 25
183.5%
28.0%
Q3 25
52.5%
14.9%
Q2 25
41.7%
18.1%
Q1 25
49.3%
14.6%
Q4 24
191.0%
28.7%
Q3 24
59.1%
28.1%
Q2 24
45.9%
18.0%
Capex Intensity
AVB
AVB
FTV
FTV
Q1 26
2.5%
Q4 25
34.1%
2.7%
Q3 25
9.8%
1.1%
Q2 25
8.0%
2.4%
Q1 25
6.5%
1.8%
Q4 24
26.1%
2.3%
Q3 24
7.1%
1.8%
Q2 24
6.5%
1.9%
Cash Conversion
AVB
AVB
FTV
FTV
Q1 26
1.72×
Q4 25
10.07×
5.83×
Q3 25
1.25×
2.99×
Q2 25
1.41×
1.87×
Q1 25
1.76×
1.41×
Q4 24
5.70×
2.41×
Q3 24
1.31×
2.07×
Q2 24
1.50×
1.58×

Financial Flow Comparison

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

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