AvalonBay Communities, Inc., a member of the S&P 500, is an equity REIT that develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of December 31, 2024, the Company owned or held a direct or indirect ownership interest in 306 apartment communities containing 93,518 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development.

Period	Debt/Equity
2015-12-31	0.72
2016-12-31	0.76
2017-12-31	0.77
2018-12-31	0.73
2019-12-31	0.74
2020-12-31	0.79
2021-12-31	0.82
2022-12-31	0.82
2023-12-31	0.75
2024-12-31	0.76

	A	B	C	D
1	Symbol	Price	Change	Volume
2	AVB	$168.25	+0.31%	0.59M
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AvalonBay Communities Inc. (AVB) Debt to Equity Ratio

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