AVB vs EQR Stock Comparison: AI Score, Valuation, Performance and Upside
AvalonBay and Equity Residential are the two largest coastal apartment REITs with similar geographic exposure to high-barrier coastal US markets. AVB is more development-oriented, creating value through constructing new communities. EQR is more acquisition-focused, managing a portfolio of premium coastal apartments for affluent renters. Both face the same coastal market dynamics — limited supply but some post-COVID urban demand normalization.
AVB vs EQR is coastal apartment development expertise (AvalonBay) versus coastal apartment acquisition and management expertise (Equity Residential) — both serve similar markets with different operational approaches, and both pay substantial dividends from coastal market NOI.
EQR holds the edge across 3 of 5 key metrics in this comparison. EQR has delivered stronger 1-year price return (-1.27% vs -64.81%), though AVB has the better forward P/E setup (36.75x vs 41.09x for EQR). AVB leads on both revenue growth (2.30%) and operating margin (30.63%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for EQR (+14.66%) than for AVB (+9.59%).
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- prefer an apartment REIT with active development pipeline generating above-market yields on new communities
- value AvalonBay's geographic diversification expanding into Southeast and Mountain West markets beyond legacy coastal concentration
- want a premium apartment REIT with both income from stabilized portfolio and NAV growth from development completions
- are comfortable with development execution risk (cost overruns, permitting delays) inherent in an active construction pipeline
- prefer a conservative apartment REIT focused on managing high-quality stabilized communities for affluent renters-by-choice
- value EQR's low development risk profile with acquisition-focused strategy reducing execution complexity vs developer REITs
- want coastal apartment REIT income from NYC, Boston, SF, and Seattle markets without development stage capital risk
- are comfortable with acquisition-dependent growth strategy requiring favorable asset pricing for accretive transactions
| Metric | AVB | EQR |
|---|---|---|
| AI scorei | 26.3 | 40.2 |
| AI ranki | #2428 | #1138 |
| Latest closei | $68.14 | $63.66 |
| 1M returni | -64.06% | -6.78% |
| 3M returni | -63.30% | -3.84% |
| 6M returni | -61.59% | +0.97% |
| 1Y returni | -64.81% | -1.27% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | AVB | EQR |
|---|---|---|
| 1Y ago | $3.54K (-64.6%) started 2025-08-25 | $9.91K (-0.9%) started 2025-08-21 |
| 5Y ago | $3.96K (-60.4%) started 2021-08-25 | $10.38K (+3.8%) started 2021-08-23 |
| 10Y ago | $7.3K (-27.0%) started 2016-08-25 | $21.22K (+112.2%) started 2016-08-22 |
Hypothetical — past performance does not guarantee future results.
| Metric | AVB | EQR |
|---|---|---|
| Market capi | $26.28B | $24.61B |
| Trailing P/Ei | 25.25 | 28.68 |
| Forward P/Ei | 36.75 | 41.09 |
| Price/Salesi | N/A | N/A |
| EV/Revenuei | 11.53 | 10.48 |
| Analyst targeti | $201.71 | $72.99 |
| Target upsidei | +9.59% | +14.66% |
| Metric | AVB | EQR |
|---|---|---|
| Revenue growthi | 2.30% | 2.10% |
| Earnings growthi | -41.30% | -39.90% |
| EPS growthi | -41.30% | -39.90% |
| FCF margini | +45.70% | +45.48% |
| Operating margini | 30.63% | 27.88% |
| Profit margini | 33.32% | 27.97% |
| ROIC proxyi | 8.49% | 8.02% |
| Return on equityi | 8.49% | 8.02% |
| Dividend yieldi | 3.87% | 4.26% |
| Payout ratioi | 96.98% | 121.33% |
| Dividend growth streaki | No increase yet | No increase yet |
| Betai | 0.77 | 0.75 |
| Debt/equityi | 75.13 | 78.68 |
| Current ratioi | 0.34 | 0.13 |
| Quick ratioi | 0.03 | 0.03 |
Over the past year, AVB and EQR have moved weakly in the same direction (correlation of 0.25), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | AVB | EQR |
|---|---|---|---|
| 1Y | Growthi | -64.56% | -0.95% |
| CAGRi | -64.71% | -0.95% | |
| Volatilityi | 68.32% | 20.29% | |
| Sharpe ratioi | -0.97 | -0.17 | |
| Sortino ratioi | -0.99 | -0.23 | |
| Max drawdowni | 67.31% | 13.32% | |
| Current drawdowni | 65.38% | 9.25% | |
| Avg drawdowni | 8.46% | 5.68% | |
| Ulcer Indexi | 11.95% | 6.72% | |
| Max daily dropi | 65.04% | 4.15% | |
| Max wkly dropi | 64.58% | 7.58% | |
| 5Y | Growthi | -65.26% | -10.89% |
| CAGRi | -19.07% | -2.28% | |
| Volatilityi | 36.79% | 22.68% | |
| Sharpe ratioi | -0.41 | -0.19 | |
| Sortino ratioi | -0.46 | -0.26 | |
| Max drawdowni | 72.50% | 39.32% | |
| Current drawdowni | 70.88% | 22.95% | |
| Avg drawdowni | 18.35% | 20.71% | |
| Ulcer Indexi | 21.11% | 22.83% | |
| Max daily dropi | 65.04% | 6.94% | |
| Max wkly dropi | 64.58% | 13.27% | |
| 10Y | Growthi | -47.87% | +39.10% |
| CAGRi | -6.31% | +3.36% | |
| Volatilityi | 32.25% | 24.98% | |
| Sharpe ratioi | -0.12 | 0.08 | |
| Sortino ratioi | -0.14 | 0.11 | |
| Max drawdowni | 72.50% | 45.90% | |
| Current drawdowni | 70.88% | 22.95% | |
| Avg drawdowni | 14.22% | 15.40% | |
| Ulcer Indexi | 18.13% | 19.47% | |
| Max daily dropi | 65.04% | 16.91% | |
| Max wkly dropi | 64.58% | 24.13% |
| Category | AVB | EQR |
|---|---|---|
| Company | AvalonBay Communities, Inc. | Equity Residential |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Residential | REIT - Residential |
| Core business | AvalonBay Communities is a large-cap residential REIT owning and operating 90,000+ apartment units in coastal US markets — New England, Mid-Atlantic, Pacific Northwest, and Northern and Southern California. AVB is known for its active development pipeline, constructing and delivering new Class A apartment communities as a consistent value creation mechanism beyond acquiring stabilized assets. Its Avalon and eaves brands cover luxury and attainable luxury positioning. | Equity Residential is a large-cap apartment REIT focused on high-quality urban and suburban apartments in high-barrier-to-entry coastal markets — Boston, New York, Washington DC, Seattle, San Francisco, and Southern California. EQR targets affluent renters ('renters-by-choice') who can afford to own but prefer to rent for flexibility. Unlike AvalonBay's active development, EQR primarily acquires stabilized communities rather than developing new ones, focusing on asset management and portfolio optimization. |
| Investor focus | Investors track same-store revenue growth, development starts and delivery yields, new market expansion (Southeast and Mountain West), and FFO per share growth as the development pipeline converts to income-producing assets. | Investors track same-store revenue growth, occupancy and realized rent per unit, acquisition and disposition strategy, and dividend sustainability from stable coastal market NOI. |
- Active development pipeline creates new apartment communities at development yields exceeding cap rates on acquired stabilized assets
- Coastal market concentration benefits from structural supply constraints — permitting and construction timelines in coastal cities limit competitive new supply
- Expansion into Southeast (Dallas, Denver, Southeast metros) diversifies AVB's coastal concentration and accesses faster-growing markets
- Renters-by-choice demographic of high-income professionals provides better credit quality, lower turnover costs, and premium rent potential
- High-barrier coastal markets (NYC, Boston, SF, Seattle, DC) have structural supply constraints limiting competitive apartment development
- Conservative balance sheet with primarily acquisition-focused (vs development-risk) strategy reduces execution risk vs developer-heavy peers
- Coastal market rent growth has been under pressure as remote work reduced premium for urban coastal proximity post-COVID
- Development pipeline is capital-intensive — cost overruns, permitting delays, and interest rate increases can compress development yields
- Sun Belt migration shifted demand from coastal to Southeast/Mountain West markets where AVB has historically had less presence
- Same-store revenue performance in coastal markets has been volatile as remote work and urban preference changes affected demand
- EQR's renters-by-choice model depends on affluent renters continuing to prefer renting over buying — rising home prices support this, but shifts can occur
- Acquisition strategy requires asset pricing to remain favorable — in low-cap-rate environments, accretive acquisitions are harder to execute
Compare more than two at a time
This page is a fixed writeup on AVB and EQR. Our comparison engine is the interactive version: load up to five tickers, switch timeframes, and get the correlation, drawdown, and overlap analysis that a static page can't show.
Add three more names beside AVB and EQR, mixing stocks and ETFs in the same table — useful when the real question is which of a whole peer group to own.
AI score, forward P/E, analyst target upside, operating margin, and revenue growth are scored head-to-head, with a running tally of which ticker leads on how many metrics.
Volatility, Sharpe and Sortino ratios, maximum, current, and average drawdown, Ulcer Index, and worst single-day and single-week drops across every timeframe.
Pairwise daily-return correlation for every combination, so you can see whether two holdings actually diversify each other or just move together.
A scatter plot of forward P/E against return on equity, plus drawdown and 30-day rolling volatility charts, to separate what is cheap from what is merely beaten down.
For ETFs, a top-holdings comparison that exposes hidden overlap between funds. Every comparison exports to CSV for your own spreadsheet work.
Two comparisons a week are free without an account. A 14-day trial removes the limit and adds AI price forecasts, stock rankings, saved watchlists, and the intrinsic value calculator — no credit card required.
Want deeper AI forecasts?
This comparison page is public and free forever. Subscribers can unlock saved watchlists, full AI rankings, detailed forecasts, and interactive analysis tools.