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Side-by-side financial comparison of AvalonBay Communities (AVB) and Zurn Elkay Water Solutions Corp (ZWS). Click either name above to swap in a different company.

AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $407.2M, roughly 1.9× Zurn Elkay Water Solutions Corp). AvalonBay Communities runs the higher net margin — 9040.6% vs 10.3%, a 9030.2% gap on every dollar of revenue. On growth, Zurn Elkay Water Solutions Corp posted the faster year-over-year revenue change (9.8% vs 3.7%). Over the past eight quarters, Zurn Elkay Water Solutions Corp's revenue compounded faster (4.4% CAGR vs 3.8%).

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

Zurn Elkay Water Solutions Corp designs, manufactures, and distributes a wide range of water management and dispensing products, including commercial plumbing fixtures, drinking fountains, water filtration systems, and flow control components. It serves commercial, residential, industrial, and public infrastructure markets primarily across North America, with a focus on delivering sustainable, water-efficient solutions for diverse end-user needs.

AVB vs ZWS — Head-to-Head

Bigger by revenue
AVB
AVB
1.9× larger
AVB
$767.9M
$407.2M
ZWS
Growing faster (revenue YoY)
ZWS
ZWS
+6.2% gap
ZWS
9.8%
3.7%
AVB
Higher net margin
AVB
AVB
9030.2% more per $
AVB
9040.6%
10.3%
ZWS
Faster 2-yr revenue CAGR
ZWS
ZWS
Annualised
ZWS
4.4%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
ZWS
ZWS
Revenue
$767.9M
$407.2M
Net Profit
$166.0M
$42.1M
Gross Margin
44.4%
Operating Margin
64.2%
14.8%
Net Margin
9040.6%
10.3%
Revenue YoY
3.7%
9.8%
Net Profit YoY
-41.2%
15.7%
EPS (diluted)
$1.18
$0.24

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
ZWS
ZWS
Q4 25
$767.9M
$407.2M
Q3 25
$766.8M
$455.4M
Q2 25
$760.2M
$444.5M
Q1 25
$745.9M
$388.8M
Q4 24
$740.5M
$370.7M
Q3 24
$734.3M
$410.0M
Q2 24
$726.0M
$412.0M
Q1 24
$712.9M
$373.8M
Net Profit
AVB
AVB
ZWS
ZWS
Q4 25
$166.0M
$42.1M
Q3 25
$381.3M
$61.8M
Q2 25
$268.7M
$50.5M
Q1 25
$236.6M
$43.6M
Q4 24
$282.1M
$36.4M
Q3 24
$372.5M
$43.5M
Q2 24
$253.9M
$46.0M
Q1 24
$173.4M
$34.3M
Gross Margin
AVB
AVB
ZWS
ZWS
Q4 25
44.4%
Q3 25
44.1%
Q2 25
45.5%
Q1 25
46.6%
Q4 24
43.5%
Q3 24
46.2%
Q2 24
45.2%
Q1 24
45.5%
Operating Margin
AVB
AVB
ZWS
ZWS
Q4 25
64.2%
14.8%
Q3 25
65.7%
17.0%
Q2 25
67.6%
17.5%
Q1 25
68.5%
16.3%
Q4 24
63.1%
13.3%
Q3 24
65.4%
17.1%
Q2 24
66.6%
17.5%
Q1 24
67.2%
14.2%
Net Margin
AVB
AVB
ZWS
ZWS
Q4 25
9040.6%
10.3%
Q3 25
49.7%
13.6%
Q2 25
35.3%
11.4%
Q1 25
31.7%
11.2%
Q4 24
38.1%
9.8%
Q3 24
50.7%
10.6%
Q2 24
35.0%
11.2%
Q1 24
24.3%
9.2%
EPS (diluted)
AVB
AVB
ZWS
ZWS
Q4 25
$1.18
$0.24
Q3 25
$2.68
$0.36
Q2 25
$1.88
$0.29
Q1 25
$1.66
$0.26
Q4 24
$1.99
$0.21
Q3 24
$2.61
$0.25
Q2 24
$1.78
$0.27
Q1 24
$1.22
$0.19

Balance Sheet & Financial Strength

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

Metric
AVB
AVB
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$187.2M
$300.5M
Total DebtLower is stronger
$9.3B
$496.5M
Stockholders' EquityBook value
$11.6B
$1.6B
Total Assets
$22.2B
$2.7B
Debt / EquityLower = less leverage
0.80×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
ZWS
ZWS
Q4 25
$187.2M
$300.5M
Q3 25
$123.3M
$260.1M
Q2 25
$102.8M
$201.9M
Q1 25
$53.3M
$144.7M
Q4 24
$108.6M
$198.0M
Q3 24
$552.4M
$187.9M
Q2 24
$545.8M
$162.7M
Q1 24
$287.9M
$157.1M
Total Debt
AVB
AVB
ZWS
ZWS
Q4 25
$9.3B
$496.5M
Q3 25
$8.7B
$496.4M
Q2 25
$8.7B
$495.9M
Q1 25
$8.3B
$495.8M
Q4 24
$8.1B
$495.6M
Q3 24
$8.4B
$495.6M
Q2 24
$8.4B
$495.5M
Q1 24
$8.0B
$495.4M
Stockholders' Equity
AVB
AVB
ZWS
ZWS
Q4 25
$11.6B
$1.6B
Q3 25
$11.9B
$1.6B
Q2 25
$11.9B
$1.6B
Q1 25
$11.9B
$1.5B
Q4 24
$11.9B
$1.6B
Q3 24
$11.9B
$1.6B
Q2 24
$11.7B
$1.6B
Q1 24
$11.7B
$1.6B
Total Assets
AVB
AVB
ZWS
ZWS
Q4 25
$22.2B
$2.7B
Q3 25
$21.9B
$2.7B
Q2 25
$21.8B
$2.7B
Q1 25
$21.2B
$2.6B
Q4 24
$21.0B
$2.6B
Q3 24
$21.3B
$2.7B
Q2 24
$21.0B
$2.7B
Q1 24
$20.6B
$2.7B
Debt / Equity
AVB
AVB
ZWS
ZWS
Q4 25
0.80×
0.31×
Q3 25
0.73×
0.31×
Q2 25
0.72×
0.32×
Q1 25
0.70×
0.32×
Q4 24
0.68×
0.31×
Q3 24
0.70×
0.31×
Q2 24
0.71×
0.31×
Q1 24
0.68×
0.31×

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
ZWS
ZWS
Operating Cash FlowLast quarter
$1.7B
$91.7M
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
183.5%
Capex IntensityCapex / Revenue
34.1%
Cash ConversionOCF / Net Profit
10.07×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
ZWS
ZWS
Q4 25
$1.7B
$91.7M
Q3 25
$477.0M
$101.3M
Q2 25
$377.8M
$110.6M
Q1 25
$415.9M
$42.9M
Q4 24
$1.6B
$63.6M
Q3 24
$486.2M
$90.9M
Q2 24
$380.0M
$85.1M
Q1 24
$412.9M
$53.9M
Free Cash Flow
AVB
AVB
ZWS
ZWS
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
ZWS
ZWS
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
ZWS
ZWS
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
ZWS
ZWS
Q4 25
10.07×
2.18×
Q3 25
1.25×
1.64×
Q2 25
1.41×
2.19×
Q1 25
1.76×
0.98×
Q4 24
5.70×
1.75×
Q3 24
1.31×
2.09×
Q2 24
1.50×
1.85×
Q1 24
2.38×
1.57×

Financial Flow Comparison

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

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