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

AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $493.8M, roughly 1.6× Pediatrix Medical Group, Inc.). AvalonBay Communities runs the higher net margin — 9040.6% vs 6.8%, a 9033.8% gap on every dollar of revenue. On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs -1.7%). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs -0.1%).

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

Pediatrix Medical Group, Inc. is a leading U.S. specialized medical service provider focusing on maternal-fetal care, neonatology, pediatric cardiology and other pediatric subspecialties. It partners with U.S. healthcare facilities to deliver evidence-based care to women, newborns and children.

AVB vs MD — Head-to-Head

Bigger by revenue
AVB
AVB
1.6× larger
AVB
$767.9M
$493.8M
MD
Growing faster (revenue YoY)
AVB
AVB
+5.4% gap
AVB
3.7%
-1.7%
MD
Higher net margin
AVB
AVB
9033.8% more per $
AVB
9040.6%
6.8%
MD
Faster 2-yr revenue CAGR
AVB
AVB
Annualised
AVB
3.8%
-0.1%
MD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
MD
MD
Revenue
$767.9M
$493.8M
Net Profit
$166.0M
$33.7M
Gross Margin
Operating Margin
64.2%
9.9%
Net Margin
9040.6%
6.8%
Revenue YoY
3.7%
-1.7%
Net Profit YoY
-41.2%
10.5%
EPS (diluted)
$1.18
$0.40

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
MD
MD
Q4 25
$767.9M
$493.8M
Q3 25
$766.8M
$492.9M
Q2 25
$760.2M
$468.8M
Q1 25
$745.9M
$458.4M
Q4 24
$740.5M
$502.4M
Q3 24
$734.3M
$511.2M
Q2 24
$726.0M
$504.3M
Q1 24
$712.9M
$495.1M
Net Profit
AVB
AVB
MD
MD
Q4 25
$166.0M
$33.7M
Q3 25
$381.3M
$71.7M
Q2 25
$268.7M
$39.3M
Q1 25
$236.6M
$20.7M
Q4 24
$282.1M
$30.5M
Q3 24
$372.5M
$19.4M
Q2 24
$253.9M
$-153.0M
Q1 24
$173.4M
$4.0M
Operating Margin
AVB
AVB
MD
MD
Q4 25
64.2%
9.9%
Q3 25
65.7%
13.8%
Q2 25
67.6%
12.8%
Q1 25
68.5%
7.0%
Q4 24
63.1%
7.8%
Q3 24
65.4%
6.6%
Q2 24
66.6%
-31.3%
Q1 24
67.2%
3.2%
Net Margin
AVB
AVB
MD
MD
Q4 25
9040.6%
6.8%
Q3 25
49.7%
14.5%
Q2 25
35.3%
8.4%
Q1 25
31.7%
4.5%
Q4 24
38.1%
6.1%
Q3 24
50.7%
3.8%
Q2 24
35.0%
-30.3%
Q1 24
24.3%
0.8%
EPS (diluted)
AVB
AVB
MD
MD
Q4 25
$1.18
$0.40
Q3 25
$2.68
$0.84
Q2 25
$1.88
$0.46
Q1 25
$1.66
$0.24
Q4 24
$1.99
$0.37
Q3 24
$2.61
$0.23
Q2 24
$1.78
$-1.84
Q1 24
$1.22
$0.05

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
MD
MD
Cash + ST InvestmentsLiquidity on hand
$187.2M
$375.2M
Total DebtLower is stronger
$9.3B
$570.5M
Stockholders' EquityBook value
$11.6B
$865.9M
Total Assets
$22.2B
$2.2B
Debt / EquityLower = less leverage
0.80×
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
MD
MD
Q4 25
$187.2M
$375.2M
Q3 25
$123.3M
$340.1M
Q2 25
$102.8M
$224.7M
Q1 25
$53.3M
$99.0M
Q4 24
$108.6M
$229.9M
Q3 24
$552.4M
$103.8M
Q2 24
$545.8M
$19.4M
Q1 24
$287.9M
$8.0M
Total Debt
AVB
AVB
MD
MD
Q4 25
$9.3B
$570.5M
Q3 25
$8.7B
$577.2M
Q2 25
$8.7B
$583.9M
Q1 25
$8.3B
$590.5M
Q4 24
$8.1B
$597.1M
Q3 24
$8.4B
Q2 24
$8.4B
Q1 24
$8.0B
Stockholders' Equity
AVB
AVB
MD
MD
Q4 25
$11.6B
$865.9M
Q3 25
$11.9B
$890.7M
Q2 25
$11.9B
$833.8M
Q1 25
$11.9B
$789.2M
Q4 24
$11.9B
$764.9M
Q3 24
$11.9B
$732.5M
Q2 24
$11.7B
$706.5M
Q1 24
$11.7B
$856.2M
Total Assets
AVB
AVB
MD
MD
Q4 25
$22.2B
$2.2B
Q3 25
$21.9B
$2.2B
Q2 25
$21.8B
$2.1B
Q1 25
$21.2B
$2.0B
Q4 24
$21.0B
$2.2B
Q3 24
$21.3B
$2.1B
Q2 24
$21.0B
$2.0B
Q1 24
$20.6B
$2.2B
Debt / Equity
AVB
AVB
MD
MD
Q4 25
0.80×
0.66×
Q3 25
0.73×
0.65×
Q2 25
0.72×
0.70×
Q1 25
0.70×
0.75×
Q4 24
0.68×
0.78×
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
MD
MD
Operating Cash FlowLast quarter
$1.7B
$114.1M
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
183.5%
Capex IntensityCapex / Revenue
34.1%
Cash ConversionOCF / Net Profit
10.07×
3.39×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
MD
MD
Q4 25
$1.7B
$114.1M
Q3 25
$477.0M
$137.3M
Q2 25
$377.8M
$137.2M
Q1 25
$415.9M
$-117.5M
Q4 24
$1.6B
$133.0M
Q3 24
$486.2M
$91.8M
Q2 24
$380.0M
$107.0M
Q1 24
$412.9M
$-125.2M
Free Cash Flow
AVB
AVB
MD
MD
Q4 25
$1.4B
Q3 25
$402.2M
Q2 25
$317.1M
Q1 25
$367.5M
Q4 24
$1.4B
Q3 24
$434.2M
Q2 24
$333.0M
Q1 24
$375.4M
FCF Margin
AVB
AVB
MD
MD
Q4 25
183.5%
Q3 25
52.5%
Q2 25
41.7%
Q1 25
49.3%
Q4 24
191.0%
Q3 24
59.1%
Q2 24
45.9%
Q1 24
52.7%
Capex Intensity
AVB
AVB
MD
MD
Q4 25
34.1%
Q3 25
9.8%
Q2 25
8.0%
Q1 25
6.5%
Q4 24
26.1%
Q3 24
7.1%
Q2 24
6.5%
Q1 24
5.3%
Cash Conversion
AVB
AVB
MD
MD
Q4 25
10.07×
3.39×
Q3 25
1.25×
1.91×
Q2 25
1.41×
3.49×
Q1 25
1.76×
-5.66×
Q4 24
5.70×
4.36×
Q3 24
1.31×
4.72×
Q2 24
1.50×
Q1 24
2.38×
-31.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

MD
MD

Health Care Patient Service$421.6M85%
Hospitals Contracts$70.0M14%
Other$2.2M0%

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