vs

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

AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $611.2M, roughly 1.3× TRINITY INDUSTRIES INC). AvalonBay Communities runs the higher net margin — 9040.6% vs 31.8%, a 9008.8% gap on every dollar of revenue. On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs -2.9%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $158.6M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs -13.1%).

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

Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.

AVB vs TRN — Head-to-Head

Bigger by revenue
AVB
AVB
1.3× larger
AVB
$767.9M
$611.2M
TRN
Growing faster (revenue YoY)
AVB
AVB
+6.6% gap
AVB
3.7%
-2.9%
TRN
Higher net margin
AVB
AVB
9008.8% more per $
AVB
9040.6%
31.8%
TRN
More free cash flow
AVB
AVB
$1.3B more FCF
AVB
$1.4B
$158.6M
TRN
Faster 2-yr revenue CAGR
AVB
AVB
Annualised
AVB
3.8%
-13.1%
TRN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
TRN
TRN
Revenue
$767.9M
$611.2M
Net Profit
$166.0M
$194.2M
Gross Margin
25.5%
Operating Margin
64.2%
54.9%
Net Margin
9040.6%
31.8%
Revenue YoY
3.7%
-2.9%
Net Profit YoY
-41.2%
413.8%
EPS (diluted)
$1.18
$2.25

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
TRN
TRN
Q4 25
$767.9M
$611.2M
Q3 25
$766.8M
$454.1M
Q2 25
$760.2M
$506.2M
Q1 25
$745.9M
$585.4M
Q4 24
$740.5M
$629.4M
Q3 24
$734.3M
$798.8M
Q2 24
$726.0M
$841.4M
Q1 24
$712.9M
$809.6M
Net Profit
AVB
AVB
TRN
TRN
Q4 25
$166.0M
$194.2M
Q3 25
$381.3M
$30.3M
Q2 25
$268.7M
$14.1M
Q1 25
$236.6M
$22.1M
Q4 24
$282.1M
$37.8M
Q3 24
$372.5M
$31.4M
Q2 24
$253.9M
$54.4M
Q1 24
$173.4M
$23.7M
Gross Margin
AVB
AVB
TRN
TRN
Q4 25
25.5%
Q3 25
31.1%
Q2 25
26.4%
Q1 25
24.3%
Q4 24
24.6%
Q3 24
21.2%
Q2 24
21.3%
Q1 24
20.3%
Operating Margin
AVB
AVB
TRN
TRN
Q4 25
64.2%
54.9%
Q3 25
65.7%
26.1%
Q2 25
67.6%
18.8%
Q1 25
68.5%
17.0%
Q4 24
63.1%
17.8%
Q3 24
65.4%
15.3%
Q2 24
66.6%
16.9%
Q1 24
67.2%
14.2%
Net Margin
AVB
AVB
TRN
TRN
Q4 25
9040.6%
31.8%
Q3 25
49.7%
6.7%
Q2 25
35.3%
2.8%
Q1 25
31.7%
3.8%
Q4 24
38.1%
6.0%
Q3 24
50.7%
3.9%
Q2 24
35.0%
6.5%
Q1 24
24.3%
2.9%
EPS (diluted)
AVB
AVB
TRN
TRN
Q4 25
$1.18
$2.25
Q3 25
$2.68
$0.37
Q2 25
$1.88
$0.17
Q1 25
$1.66
$0.26
Q4 24
$1.99
$0.34
Q3 24
$2.61
$0.37
Q2 24
$1.78
$0.65
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
TRN
TRN
Cash + ST InvestmentsLiquidity on hand
$187.2M
$201.3M
Total DebtLower is stronger
$9.3B
Stockholders' EquityBook value
$11.6B
$1.1B
Total Assets
$22.2B
$8.4B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
TRN
TRN
Q4 25
$187.2M
$201.3M
Q3 25
$123.3M
$66.3M
Q2 25
$102.8M
$147.7M
Q1 25
$53.3M
$94.9M
Q4 24
$108.6M
$228.2M
Q3 24
$552.4M
$222.4M
Q2 24
$545.8M
$257.1M
Q1 24
$287.9M
$118.8M
Total Debt
AVB
AVB
TRN
TRN
Q4 25
$9.3B
Q3 25
$8.7B
Q2 25
$8.7B
Q1 25
$8.3B
Q4 24
$8.1B
Q3 24
$8.4B
Q2 24
$8.4B
Q1 24
$8.0B
Stockholders' Equity
AVB
AVB
TRN
TRN
Q4 25
$11.6B
$1.1B
Q3 25
$11.9B
$1.0B
Q2 25
$11.9B
$1.0B
Q1 25
$11.9B
$1.1B
Q4 24
$11.9B
$1.1B
Q3 24
$11.9B
$1.1B
Q2 24
$11.7B
$1.1B
Q1 24
$11.7B
$1.0B
Total Assets
AVB
AVB
TRN
TRN
Q4 25
$22.2B
$8.4B
Q3 25
$21.9B
$8.9B
Q2 25
$21.8B
$8.8B
Q1 25
$21.2B
$8.7B
Q4 24
$21.0B
$8.8B
Q3 24
$21.3B
$8.8B
Q2 24
$21.0B
$9.0B
Q1 24
$20.6B
$9.1B
Debt / Equity
AVB
AVB
TRN
TRN
Q4 25
0.80×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.70×
Q4 24
0.68×
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
TRN
TRN
Operating Cash FlowLast quarter
$1.7B
$177.4M
Free Cash FlowOCF − Capex
$1.4B
$158.6M
FCF MarginFCF / Revenue
183.5%
25.9%
Capex IntensityCapex / Revenue
34.1%
3.1%
Cash ConversionOCF / Net Profit
10.07×
0.91×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$314.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
TRN
TRN
Q4 25
$1.7B
$177.4M
Q3 25
$477.0M
$44.2M
Q2 25
$377.8M
$61.6M
Q1 25
$415.9M
$76.5M
Q4 24
$1.6B
$201.6M
Q3 24
$486.2M
$78.5M
Q2 24
$380.0M
$241.5M
Q1 24
$412.9M
$52.2M
Free Cash Flow
AVB
AVB
TRN
TRN
Q4 25
$1.4B
$158.6M
Q3 25
$402.2M
$35.3M
Q2 25
$317.1M
$52.9M
Q1 25
$367.5M
$67.3M
Q4 24
$1.4B
$180.1M
Q3 24
$434.2M
$62.1M
Q2 24
$333.0M
$230.2M
Q1 24
$375.4M
$47.6M
FCF Margin
AVB
AVB
TRN
TRN
Q4 25
183.5%
25.9%
Q3 25
52.5%
7.8%
Q2 25
41.7%
10.5%
Q1 25
49.3%
11.5%
Q4 24
191.0%
28.6%
Q3 24
59.1%
7.8%
Q2 24
45.9%
27.4%
Q1 24
52.7%
5.9%
Capex Intensity
AVB
AVB
TRN
TRN
Q4 25
34.1%
3.1%
Q3 25
9.8%
2.0%
Q2 25
8.0%
1.7%
Q1 25
6.5%
1.6%
Q4 24
26.1%
3.4%
Q3 24
7.1%
2.1%
Q2 24
6.5%
1.3%
Q1 24
5.3%
0.6%
Cash Conversion
AVB
AVB
TRN
TRN
Q4 25
10.07×
0.91×
Q3 25
1.25×
1.46×
Q2 25
1.41×
4.37×
Q1 25
1.76×
3.46×
Q4 24
5.70×
5.33×
Q3 24
1.31×
2.50×
Q2 24
1.50×
4.44×
Q1 24
2.38×
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

TRN
TRN

Manufacturing$296.5M49%
Leasing And Management$234.8M38%
Maintenance Services Domain$69.8M11%
Digital Logistics Services$11.2M2%

Related Comparisons