vs

Side-by-side financial comparison of AvalonBay Communities (AVB) and REPUBLIC AIRWAYS HOLDINGS INC. (RJET). Click either name above to swap in a different company.

REPUBLIC AIRWAYS HOLDINGS INC. is the larger business by last-quarter revenue ($1.1B vs $767.9M, roughly 1.4× AvalonBay Communities). Over the past eight quarters, REPUBLIC AIRWAYS HOLDINGS INC.'s revenue compounded faster (3.9% CAGR vs 3.8%).

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

Republic Airways Holdings Inc. is an American airline holding company based in Indianapolis, Indiana. The company owns two regional airlines, Mesa Airlines and Republic Airways. Together the two airlines operate the world's largest fleet of Embraer 170 and Embraer 175 aircraft. The majority of the shares of company are owned by the mainline carriers that contract with Republic, American Airlines Group, Delta Air Lines, and United Airlines.

AVB vs RJET — Head-to-Head

Bigger by revenue
RJET
RJET
1.4× larger
RJET
$1.1B
$767.9M
AVB
Faster 2-yr revenue CAGR
RJET
RJET
Annualised
RJET
3.9%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
RJET
RJET
Revenue
$767.9M
$1.1B
Net Profit
$166.0M
Gross Margin
Operating Margin
64.2%
22.0%
Net Margin
9040.6%
Revenue YoY
3.7%
Net Profit YoY
-41.2%
EPS (diluted)
$1.18
$3.13

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
RJET
RJET
Q4 25
$767.9M
$1.1B
Q3 25
$766.8M
$90.7M
Q2 25
$760.2M
$92.8M
Q1 25
$745.9M
$94.7M
Q4 24
$740.5M
$808.3M
Q3 24
$734.3M
Q2 24
$726.0M
$110.8M
Q1 24
$712.9M
$131.6M
Net Profit
AVB
AVB
RJET
RJET
Q4 25
$166.0M
Q3 25
$381.3M
$-14.1M
Q2 25
$268.7M
$20.9M
Q1 25
$236.6M
$-58.6M
Q4 24
$282.1M
$97.8M
Q3 24
$372.5M
Q2 24
$253.9M
$-19.9M
Q1 24
$173.4M
$11.7M
Operating Margin
AVB
AVB
RJET
RJET
Q4 25
64.2%
22.0%
Q3 25
65.7%
-10.1%
Q2 25
67.6%
-0.2%
Q1 25
68.5%
-60.4%
Q4 24
63.1%
18.7%
Q3 24
65.4%
Q2 24
66.6%
-8.1%
Q1 24
67.2%
8.8%
Net Margin
AVB
AVB
RJET
RJET
Q4 25
9040.6%
Q3 25
49.7%
-15.6%
Q2 25
35.3%
22.5%
Q1 25
31.7%
-61.9%
Q4 24
38.1%
12.1%
Q3 24
50.7%
Q2 24
35.0%
-18.0%
Q1 24
24.3%
8.9%
EPS (diluted)
AVB
AVB
RJET
RJET
Q4 25
$1.18
$3.13
Q3 25
$2.68
$-0.34
Q2 25
$1.88
$0.50
Q1 25
$1.66
$-1.42
Q4 24
$1.99
$2.42
Q3 24
$2.61
Q2 24
$1.78
$-0.48
Q1 24
$1.22
$0.28

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
RJET
RJET
Cash + ST InvestmentsLiquidity on hand
$187.2M
$296.5M
Total DebtLower is stronger
$9.3B
$882.9M
Stockholders' EquityBook value
$11.6B
$1.3B
Total Assets
$22.2B
$3.3B
Debt / EquityLower = less leverage
0.80×
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
RJET
RJET
Q4 25
$187.2M
$296.5M
Q3 25
$123.3M
$38.7M
Q2 25
$102.8M
$42.5M
Q1 25
$53.3M
$54.1M
Q4 24
$108.6M
$302.0M
Q3 24
$552.4M
Q2 24
$545.8M
$16.3M
Q1 24
$287.9M
$18.5M
Total Debt
AVB
AVB
RJET
RJET
Q4 25
$9.3B
$882.9M
Q3 25
$8.7B
$27.0M
Q2 25
$8.7B
$28.2M
Q1 25
$8.3B
$31.7M
Q4 24
$8.1B
$752.2M
Q3 24
$8.4B
Q2 24
$8.4B
$287.7M
Q1 24
$8.0B
$299.0M
Stockholders' Equity
AVB
AVB
RJET
RJET
Q4 25
$11.6B
$1.3B
Q3 25
$11.9B
$-52.6M
Q2 25
$11.9B
$-38.7M
Q1 25
$11.9B
$-59.8M
Q4 24
$11.9B
$1.1B
Q3 24
$11.9B
Q2 24
$11.7B
$134.9M
Q1 24
$11.7B
$154.7M
Total Assets
AVB
AVB
RJET
RJET
Q4 25
$22.2B
$3.3B
Q3 25
$21.9B
$158.9M
Q2 25
$21.8B
$178.6M
Q1 25
$21.2B
$215.0M
Q4 24
$21.0B
$2.8B
Q3 24
$21.3B
Q2 24
$21.0B
$664.4M
Q1 24
$20.6B
$706.3M
Debt / Equity
AVB
AVB
RJET
RJET
Q4 25
0.80×
0.66×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.70×
Q4 24
0.68×
0.68×
Q3 24
0.70×
Q2 24
0.71×
2.13×
Q1 24
0.68×
1.93×

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
RJET
RJET
Operating Cash FlowLast quarter
$1.7B
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
183.5%
Capex IntensityCapex / Revenue
34.1%
Cash ConversionOCF / Net Profit
10.07×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
RJET
RJET
Q4 25
$1.7B
Q3 25
$477.0M
Q2 25
$377.8M
$-9.4M
Q1 25
$415.9M
Q4 24
$1.6B
$184.0M
Q3 24
$486.2M
Q2 24
$380.0M
$11.2M
Q1 24
$412.9M
Free Cash Flow
AVB
AVB
RJET
RJET
Q4 25
$1.4B
Q3 25
$402.2M
Q2 25
$317.1M
$-10.5M
Q1 25
$367.5M
Q4 24
$1.4B
$-42.7M
Q3 24
$434.2M
Q2 24
$333.0M
$7.5M
Q1 24
$375.4M
FCF Margin
AVB
AVB
RJET
RJET
Q4 25
183.5%
Q3 25
52.5%
Q2 25
41.7%
-11.3%
Q1 25
49.3%
Q4 24
191.0%
-5.3%
Q3 24
59.1%
Q2 24
45.9%
6.8%
Q1 24
52.7%
Capex Intensity
AVB
AVB
RJET
RJET
Q4 25
34.1%
Q3 25
9.8%
Q2 25
8.0%
1.2%
Q1 25
6.5%
Q4 24
26.1%
28.0%
Q3 24
7.1%
Q2 24
6.5%
3.4%
Q1 24
5.3%
Cash Conversion
AVB
AVB
RJET
RJET
Q4 25
10.07×
Q3 25
1.25×
Q2 25
1.41×
-0.45×
Q1 25
1.76×
Q4 24
5.70×
1.88×
Q3 24
1.31×
Q2 24
1.50×
Q1 24
2.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

RJET
RJET

United Airlines$517.5M48%
Delta Air Lines$409.7M38%
Other$49.9M5%
Republic Airways Holdings Inc.$42.2M4%
Other Airlines$25.7M2%
LIFT Academy$23.2M2%

Related Comparisons