AVB vs. KIM

Last updated Apr 1, 2026

Compare and contrast key facts about AvalonBay Communities, Inc. (AVB) and Kimco Realty Corporation (KIM).

Performance

AVB vs. KIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AvalonBay Communities, Inc. (AVB) and Kimco Realty Corporation (KIM). The values are adjusted to include any dividend payments, if applicable.

AVB vs. KIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVB AvalonBay Communities, Inc.	-8.90%	-14.60%	21.44%	20.34%	-33.92%	62.17%	-20.27%	24.10%	1.00%	3.89%
KIM Kimco Realty Corporation	12.09%	-9.26%	15.02%	6.05%	-10.80%	69.48%	-23.94%	49.75%	-13.26%	-23.67%

Fundamentals

Market Cap AVB : $23.19B KIM : $15.15B
EPS AVB : $7.36 KIM : $0.86
PE Ratio AVB : 22.18 KIM : 25.99
PEG Ratio AVB : 12.76 KIM : 0.23
PS Ratio AVB : 7.68 KIM : 7.09
PB Ratio AVB : 1.96 KIM : 1.46
Total Revenue (TTM) AVB : $3.04B KIM : $2.14B
Gross Profit (TTM) AVB : $2.04B KIM : $1.48B
EBITDA (TTM) AVB : $2.22B KIM : $1.05B

Returns By Period

In the year-to-date period, AVB achieves a -8.90% return, which is significantly lower than KIM's 12.09% return. Over the past 10 years, AVB has underperformed KIM with an annualized return of 1.90%, while KIM has yielded a comparatively higher 2.48% annualized return.

AVB

• 1D: 2.23%
• 1M: -6.80%
• YTD: -8.90%
• 6M: -13.68%
• 1Y: -20.92%
• 3Y*: 2.65%
• 5Y*: 0.73%
• 10Y*: 1.90%

KIM

• 1D: 0.67%
• 1M: -3.52%
• YTD: 12.09%
• 6M: 5.33%
• 1Y: 10.89%
• 3Y*: 9.96%
• 5Y*: 7.77%
• 10Y*: 2.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AVB vs. KIM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVB

AVB Risk / Return Rank: 8
AVB Sharpe Ratio Rank: 6
AVB Sortino Ratio Rank: 9
AVB Omega Ratio Rank: 9
AVB Calmar Ratio Rank: 10
AVB Martin Ratio Rank: 7

KIM

KIM Risk / Return Rank: 58
KIM Sharpe Ratio Rank: 60
KIM Sortino Ratio Rank: 53
KIM Omega Ratio Rank: 51
KIM Calmar Ratio Rank: 64
KIM Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVB vs. KIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AvalonBay Communities, Inc. (AVB) and Kimco Realty Corporation (KIM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AVB	KIM	Difference
Sharpe ratio Return per unit of total volatility	-0.92	0.49	-1.41
Sortino ratio Return per unit of downside risk	-1.19	0.86	-2.05
Omega ratio Gain probability vs. loss probability	0.85	1.10	-0.26
Calmar ratio Return relative to maximum drawdown	-0.85	0.98	-1.83
Martin ratio Return relative to average drawdown	-1.61	2.16	-3.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVB vs. KIM - Sharpe Ratio Comparison

The current AVB Sharpe Ratio is -0.92, which is lower than the KIM Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of AVB and KIM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVB	KIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.92	0.49	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.30	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.07	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.27	+0.14

Correlation

The correlation between AVB and KIM is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AVB vs. KIM - Dividend Comparison

AVB's dividend yield for the trailing twelve months is around 4.30%, less than KIM's 4.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVB AvalonBay Communities, Inc.	4.30%	3.86%	3.09%	3.53%	3.94%	2.52%	3.96%	2.90%	3.38%	3.18%	3.05%	2.72%
KIM Kimco Realty Corporation	4.54%	4.98%	4.14%	4.79%	3.97%	2.76%	3.60%	5.41%	7.65%	6.01%	4.11%	3.68%

Drawdowns

AVB vs. KIM - Drawdown Comparison

The maximum AVB drawdown since its inception was -70.04%, smaller than the maximum KIM drawdown of -85.65%. Use the drawdown chart below to compare losses from any high point for AVB and KIM.

Drawdown Indicators

	AVB	KIM	Difference
Max Drawdown Largest peak-to-trough decline	-70.04%	-85.65%	+15.61%
Max Drawdown (1Y) Largest decline over 1 year	-23.36%	-12.82%	-10.54%
Max Drawdown (5Y) Largest decline over 5 years	-38.36%	-33.61%	-4.75%
Max Drawdown (10Y) Largest decline over 10 years	-46.91%	-69.52%	+22.61%
Current Drawdown Current decline from peak	-27.48%	-6.64%	-20.84%
Average Drawdown Average peak-to-trough decline	-11.69%	-22.93%	+11.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.36%	5.81%	+6.55%

Volatility

AVB vs. KIM - Volatility Comparison

AvalonBay Communities, Inc. (AVB) has a higher volatility of 5.41% compared to Kimco Realty Corporation (KIM) at 4.73%. This indicates that AVB's price experiences larger fluctuations and is considered to be riskier than KIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVB	KIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	4.73%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	13.97%	12.79%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	22.95%	22.36%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.03%	26.07%	-4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.65%	33.94%	-9.29%

Financials

AVB vs. KIM - Profitability Comparison

The chart below illustrates the profitability comparison between AvalonBay Communities, Inc. and Kimco Realty Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AVB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AvalonBay Communities, Inc. reported a gross profit of 523.94M and revenue of 767.86M. Therefore, the gross margin over that period was 68.2%.

KIM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kimco Realty Corporation reported a gross profit of 369.62M and revenue of 542.46M. Therefore, the gross margin over that period was 68.1%.

AVB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AvalonBay Communities, Inc. reported an operating income of 228.10M and revenue of 767.86M, resulting in an operating margin of 29.7%.

KIM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kimco Realty Corporation reported an operating income of 197.30M and revenue of 542.46M, resulting in an operating margin of 36.4%.

AVB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AvalonBay Communities, Inc. reported a net income of 165.99M and revenue of 767.86M, resulting in a net margin of 21.6%.

KIM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kimco Realty Corporation reported a net income of 151.16M and revenue of 542.46M, resulting in a net margin of 27.9%.