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Side-by-side financial comparison of AvalonBay Communities (AVB) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $767.9M, roughly 1.5× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 7.2%, a 9033.4% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $194.0M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs 3.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
AVB vs NATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $1.2B |
| Net Profit | $166.0M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | 64.2% | 13.5% |
| Net Margin | 9040.6% | 7.2% |
| Revenue YoY | 3.7% | 4.0% |
| Net Profit YoY | -41.2% | 102.4% |
| EPS (diluted) | $1.18 | $1.09 |
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 | $1.2B | ||
| Q3 25 | $766.8M | $1.1B | ||
| Q2 25 | $760.2M | $1.1B | ||
| Q1 25 | $745.9M | $979.0M | ||
| Q4 24 | $740.5M | $1.1B | ||
| Q3 24 | $734.3M | $1.1B | ||
| Q2 24 | $726.0M | $1.1B | ||
| Q1 24 | $712.9M | $1.0B |
| Q4 25 | $166.0M | $83.0M | ||
| Q3 25 | $381.3M | $26.0M | ||
| Q2 25 | $268.7M | $39.0M | ||
| Q1 25 | $236.6M | $14.0M | ||
| Q4 24 | $282.1M | $41.0M | ||
| Q3 24 | $372.5M | $21.0M | ||
| Q2 24 | $253.9M | $27.0M | ||
| Q1 24 | $173.4M | $-9.0M |
| Q4 25 | 64.2% | 13.5% | ||
| Q3 25 | 65.7% | 9.8% | ||
| Q2 25 | 67.6% | 10.8% | ||
| Q1 25 | 68.5% | 9.5% | ||
| Q4 24 | 63.1% | 13.4% | ||
| Q3 24 | 65.4% | 10.6% | ||
| Q2 24 | 66.6% | 9.8% | ||
| Q1 24 | 67.2% | 6.5% |
| Q4 25 | 9040.6% | 7.2% | ||
| Q3 25 | 49.7% | 2.3% | ||
| Q2 25 | 35.3% | 3.5% | ||
| Q1 25 | 31.7% | 1.4% | ||
| Q4 24 | 38.1% | 3.7% | ||
| Q3 24 | 50.7% | 2.0% | ||
| Q2 24 | 35.0% | 2.5% | ||
| Q1 24 | 24.3% | -0.9% |
| Q4 25 | $1.18 | $1.09 | ||
| Q3 25 | $2.68 | $0.34 | ||
| Q2 25 | $1.88 | $0.52 | ||
| Q1 25 | $1.66 | $0.19 | ||
| Q4 24 | $1.99 | $0.56 | ||
| Q3 24 | $2.61 | $0.28 | ||
| Q2 24 | $1.78 | $0.37 | ||
| Q1 24 | $1.22 | $-0.13 |
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 | $456.0M |
| Total DebtLower is stronger | $9.3B | $2.7B |
| Stockholders' EquityBook value | $11.6B | $403.0M |
| Total Assets | $22.2B | $5.7B |
| Debt / EquityLower = less leverage | 0.80× | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $456.0M | ||
| Q3 25 | $123.3M | $412.0M | ||
| Q2 25 | $102.8M | $357.0M | ||
| Q1 25 | $53.3M | $352.0M | ||
| Q4 24 | $108.6M | $419.0M | ||
| Q3 24 | $552.4M | $395.0M | ||
| Q2 24 | $545.8M | $374.0M | ||
| Q1 24 | $287.9M | $343.0M |
| Q4 25 | $9.3B | $2.7B | ||
| Q3 25 | $8.7B | $2.8B | ||
| Q2 25 | $8.7B | $2.8B | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | $2.9B | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — | ||
| Q1 24 | $8.0B | — |
| Q4 25 | $11.6B | $403.0M | ||
| Q3 25 | $11.9B | $330.0M | ||
| Q2 25 | $11.9B | $350.0M | ||
| Q1 25 | $11.9B | $275.0M | ||
| Q4 24 | $11.9B | $219.0M | ||
| Q3 24 | $11.9B | $264.0M | ||
| Q2 24 | $11.7B | $250.0M | ||
| Q1 24 | $11.7B | $283.0M |
| Q4 25 | $22.2B | $5.7B | ||
| Q3 25 | $21.9B | $5.7B | ||
| Q2 25 | $21.8B | $5.8B | ||
| Q1 25 | $21.2B | $5.7B | ||
| Q4 24 | $21.0B | $5.5B | ||
| Q3 24 | $21.3B | $5.7B | ||
| Q2 24 | $21.0B | $5.8B | ||
| Q1 24 | $20.6B | $5.8B |
| Q4 25 | 0.80× | 6.63× | ||
| Q3 25 | 0.73× | 8.45× | ||
| Q2 25 | 0.72× | 8.05× | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | 13.05× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $231.0M |
| Free Cash FlowOCF − Capex | $1.4B | $194.0M |
| FCF MarginFCF / Revenue | 183.5% | 16.8% |
| Capex IntensityCapex / Revenue | 34.1% | 3.2% |
| Cash ConversionOCF / Net Profit | 10.07× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $231.0M | ||
| Q3 25 | $477.0M | $25.0M | ||
| Q2 25 | $377.8M | $-23.0M | ||
| Q1 25 | $415.9M | $123.0M | ||
| Q4 24 | $1.6B | $80.0M | ||
| Q3 24 | $486.2M | $107.0M | ||
| Q2 24 | $380.0M | $9.0M | ||
| Q1 24 | $412.9M | $148.0M |
| Q4 25 | $1.4B | $194.0M | ||
| Q3 25 | $402.2M | $-5.0M | ||
| Q2 25 | $317.1M | $-44.0M | ||
| Q1 25 | $367.5M | $94.0M | ||
| Q4 24 | $1.4B | $62.0M | ||
| Q3 24 | $434.2M | $85.0M | ||
| Q2 24 | $333.0M | $-14.0M | ||
| Q1 24 | $375.4M | $124.0M |
| Q4 25 | 183.5% | 16.8% | ||
| Q3 25 | 52.5% | -0.4% | ||
| Q2 25 | 41.7% | -4.0% | ||
| Q1 25 | 49.3% | 9.6% | ||
| Q4 24 | 191.0% | 5.6% | ||
| Q3 24 | 59.1% | 7.9% | ||
| Q2 24 | 45.9% | -1.3% | ||
| Q1 24 | 52.7% | 11.9% |
| Q4 25 | 34.1% | 3.2% | ||
| Q3 25 | 9.8% | 2.7% | ||
| Q2 25 | 8.0% | 1.9% | ||
| Q1 25 | 6.5% | 3.0% | ||
| Q4 24 | 26.1% | 1.6% | ||
| Q3 24 | 7.1% | 2.1% | ||
| Q2 24 | 6.5% | 2.1% | ||
| Q1 24 | 5.3% | 2.3% |
| Q4 25 | 10.07× | 2.78× | ||
| Q3 25 | 1.25× | 0.96× | ||
| Q2 25 | 1.41× | -0.59× | ||
| Q1 25 | 1.76× | 8.79× | ||
| Q4 24 | 5.70× | 1.95× | ||
| Q3 24 | 1.31× | 5.10× | ||
| Q2 24 | 1.50× | 0.33× | ||
| Q1 24 | 2.38× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVB
Segment breakdown not available.
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
