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Side-by-side financial comparison of AvalonBay Communities (AVB) and IDEX Corporation (IEX). Click either name above to swap in a different company.
AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $398.4M, roughly 1.9× IDEX Corporation). AvalonBay Communities runs the higher net margin — 9040.6% vs 30.1%, a 9010.5% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $86.0M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs -29.4%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
AVB vs IEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $398.4M |
| Net Profit | $166.0M | $120.0M |
| Gross Margin | — | 99.9% |
| Operating Margin | 64.2% | 43.3% |
| Net Margin | 9040.6% | 30.1% |
| Revenue YoY | 3.7% | 16.7% |
| Net Profit YoY | -41.2% | 25.7% |
| EPS (diluted) | $1.18 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | $767.9M | $899.1M | ||
| Q3 25 | $766.8M | $878.7M | ||
| Q2 25 | $760.2M | $865.4M | ||
| Q1 25 | $745.9M | $814.3M | ||
| Q4 24 | $740.5M | $862.9M | ||
| Q3 24 | $734.3M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | $166.0M | $128.3M | ||
| Q3 25 | $381.3M | $127.8M | ||
| Q2 25 | $268.7M | $131.6M | ||
| Q1 25 | $236.6M | $95.5M | ||
| Q4 24 | $282.1M | $123.2M | ||
| Q3 24 | $372.5M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.3% | ||
| Q4 24 | — | 42.5% | ||
| Q3 24 | — | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | 64.2% | 20.4% | ||
| Q3 25 | 65.7% | 21.1% | ||
| Q2 25 | 67.6% | 21.7% | ||
| Q1 25 | 68.5% | 17.4% | ||
| Q4 24 | 63.1% | 19.2% | ||
| Q3 24 | 65.4% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | 9040.6% | 14.3% | ||
| Q3 25 | 49.7% | 14.5% | ||
| Q2 25 | 35.3% | 15.2% | ||
| Q1 25 | 31.7% | 11.7% | ||
| Q4 24 | 38.1% | 14.3% | ||
| Q3 24 | 50.7% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | $1.18 | $1.71 | ||
| Q3 25 | $2.68 | $1.70 | ||
| Q2 25 | $1.88 | $1.74 | ||
| Q1 25 | $1.66 | $1.26 | ||
| Q4 24 | $1.99 | $1.61 | ||
| Q3 24 | $2.61 | $1.57 |
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 | $586.2M |
| Total DebtLower is stronger | $9.3B | — |
| Stockholders' EquityBook value | $11.6B | $4.0B |
| Total Assets | $22.2B | $6.9B |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | $187.2M | $580.0M | ||
| Q3 25 | $123.3M | $593.8M | ||
| Q2 25 | $102.8M | $568.2M | ||
| Q1 25 | $53.3M | $594.1M | ||
| Q4 24 | $108.6M | $620.8M | ||
| Q3 24 | $552.4M | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $9.3B | $1.8B | ||
| Q3 25 | $8.7B | $1.9B | ||
| Q2 25 | $8.7B | $1.9B | ||
| Q1 25 | $8.3B | $2.0B | ||
| Q4 24 | $8.1B | $2.0B | ||
| Q3 24 | $8.4B | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | $11.6B | $4.0B | ||
| Q3 25 | $11.9B | $4.0B | ||
| Q2 25 | $11.9B | $4.0B | ||
| Q1 25 | $11.9B | $3.9B | ||
| Q4 24 | $11.9B | $3.8B | ||
| Q3 24 | $11.9B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | $22.2B | $6.9B | ||
| Q3 25 | $21.9B | $7.0B | ||
| Q2 25 | $21.8B | $6.9B | ||
| Q1 25 | $21.2B | $6.8B | ||
| Q4 24 | $21.0B | $6.7B | ||
| Q3 24 | $21.3B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 0.45× | ||
| Q3 25 | 0.73× | 0.48× | ||
| Q2 25 | 0.72× | 0.46× | ||
| Q1 25 | 0.70× | 0.50× | ||
| Q4 24 | 0.68× | 0.52× | ||
| Q3 24 | 0.70× | 0.55× |
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 | — |
| Free Cash FlowOCF − Capex | $1.4B | $86.0M |
| FCF MarginFCF / Revenue | 183.5% | 21.6% |
| Capex IntensityCapex / Revenue | 34.1% | 4.4% |
| Cash ConversionOCF / Net Profit | 10.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $209.5M | ||
| Q3 25 | $477.0M | $203.5M | ||
| Q2 25 | $377.8M | $161.7M | ||
| Q1 25 | $415.9M | $105.7M | ||
| Q4 24 | $1.6B | $172.6M | ||
| Q3 24 | $486.2M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | $1.4B | $189.8M | ||
| Q3 25 | $402.2M | $188.7M | ||
| Q2 25 | $317.1M | $146.9M | ||
| Q1 25 | $367.5M | $91.4M | ||
| Q4 24 | $1.4B | $157.1M | ||
| Q3 24 | $434.2M | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | 183.5% | 21.1% | ||
| Q3 25 | 52.5% | 21.5% | ||
| Q2 25 | 41.7% | 17.0% | ||
| Q1 25 | 49.3% | 11.2% | ||
| Q4 24 | 191.0% | 18.2% | ||
| Q3 24 | 59.1% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | 34.1% | 2.2% | ||
| Q3 25 | 9.8% | 1.7% | ||
| Q2 25 | 8.0% | 1.7% | ||
| Q1 25 | 6.5% | 1.8% | ||
| Q4 24 | 26.1% | 1.8% | ||
| Q3 24 | 7.1% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 10.07× | 1.63× | ||
| Q3 25 | 1.25× | 1.59× | ||
| Q2 25 | 1.41× | 1.23× | ||
| Q1 25 | 1.76× | 1.11× | ||
| Q4 24 | 5.70× | 1.40× | ||
| Q3 24 | 1.31× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
