• AvalonBay Communities average ebitda margin for 2023 was 62.56%, a 13.7% decline from 2022.
• AvalonBay Communities average ebitda margin for 2022 was 55.02%, a 8.35% increase from 2021.
• AvalonBay Communities average ebitda margin for 2021 was 50.78%, a 7.37% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.