AVB vs. PLD: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AVB and PLD, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
PLD’s market capitalization of 100.23 billion USD is significantly greater than AVB’s 28.84 billion USD, highlighting its more substantial market valuation.
With betas of 0.87 for AVB and 1.27 for PLD, both stocks show similar sensitivity to overall market movements.
| Symbol | AVB | PLD |
|---|---|---|
| Company Name | AvalonBay Communities, Inc. | Prologis, Inc. |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Residential | REIT - Industrial |
| CEO | Benjamin W. Schall | Hamid R. Moghadam |
| Price | 202.57 USD | 108.02 USD |
| Market Cap | 28.84 billion USD | 100.23 billion USD |
| Beta | 0.87 | 1.27 |
| Exchange | NYSE | NYSE |
| IPO Date | March 11, 1994 | November 21, 1997 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AVB and PLD by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AVB
9.65%
REIT - Residential Industry
- Max
- 23.34%
- Q3
- 9.08%
- Median
- 3.28%
- Q1
- -1.03%
- Min
- -7.42%
Return on Equity is often not a primary performance indicator in the REIT - Residential industry.
PLD
6.99%
REIT - Industrial Industry
- Max
- 13.69%
- Q3
- 7.58%
- Median
- 5.89%
- Q1
- 0.70%
- Min
- -8.10%
Return on Equity is often not a primary performance indicator in the REIT - Industrial industry.
Return on Invested Capital
AVB
4.55%
REIT - Residential Industry
- Max
- 5.46%
- Q3
- 5.07%
- Median
- 3.70%
- Q1
- 2.44%
- Min
- -1.04%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Residential industry.
PLD
4.27%
REIT - Industrial Industry
- Max
- 8.89%
- Q3
- 5.81%
- Median
- 4.27%
- Q1
- 2.55%
- Min
- 1.34%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Industrial industry.
Net Profit Margin
AVB
38.86%
REIT - Residential Industry
- Max
- 38.86%
- Q3
- 24.60%
- Median
- 7.62%
- Q1
- -2.65%
- Min
- -12.57%
In the REIT - Residential industry, Net Profit Margin is often not the primary profitability metric.
PLD
44.59%
REIT - Industrial Industry
- Max
- 71.75%
- Q3
- 42.45%
- Median
- 29.93%
- Q1
- 5.30%
- Min
- -49.93%
In the REIT - Industrial industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin
AVB
31.58%
REIT - Residential Industry
- Max
- 45.77%
- Q3
- 30.12%
- Median
- 19.58%
- Q1
- 17.52%
- Min
- 8.22%
In the REIT - Residential industry, Operating Profit Margin is often not the primary measure of operational efficiency.
PLD
51.13%
REIT - Industrial Industry
- Max
- 76.55%
- Q3
- 47.20%
- Median
- 38.80%
- Q1
- 25.24%
- Min
- 3.97%
In the REIT - Industrial industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | AVB | PLD |
|---|---|---|
| Return on Equity (TTM) | 9.65% | 6.99% |
| Return on Assets (TTM) | 5.40% | 3.89% |
| Return on Invested Capital (TTM) | 4.55% | 4.27% |
| Net Profit Margin (TTM) | 38.86% | 44.59% |
| Operating Profit Margin (TTM) | 31.58% | 51.13% |
| Gross Profit Margin (TTM) | 63.13% | 67.67% |
Financial Strength
Current Ratio
AVB
0.22
REIT - Residential Industry
- Max
- 2.65
- Q3
- 2.05
- Median
- 0.62
- Q1
- 0.13
- Min
- 0.05
For the REIT - Residential industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
PLD
--
REIT - Industrial Industry
- Max
- 2.23
- Q3
- 1.25
- Median
- 0.81
- Q1
- 0.39
- Min
- 0.09
For the REIT - Industrial industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
Debt-to-Equity Ratio
AVB
0.71
REIT - Residential Industry
- Max
- 1.76
- Q3
- 1.60
- Median
- 1.15
- Q1
- 0.71
- Min
- 0.06
AVB’s Debt-to-Equity Ratio of 0.71 is typical for the REIT - Residential industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
PLD
--
REIT - Industrial Industry
- Max
- 1.60
- Q3
- 1.24
- Median
- 0.90
- Q1
- 0.50
- Min
- 0.15
Debt-to-Equity Ratio data for PLD is currently unavailable.
Interest Coverage Ratio
AVB
4.02
REIT - Residential Industry
- Max
- 4.02
- Q3
- 3.42
- Median
- 2.09
- Q1
- 0.77
- Min
- -0.24
AVB’s Interest Coverage Ratio of 4.02 is in the upper quartile for the REIT - Residential industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
PLD
4.90
REIT - Industrial Industry
- Max
- 11.78
- Q3
- 6.04
- Median
- 3.19
- Q1
- 1.05
- Min
- -1.62
PLD’s Interest Coverage Ratio of 4.90 is positioned comfortably within the norm for the REIT - Industrial industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AVB | PLD |
|---|---|---|
| Current Ratio (TTM) | 0.22 | -- |
| Quick Ratio (TTM) | 0.22 | -- |
| Debt-to-Equity Ratio (TTM) | 0.71 | -- |
| Debt-to-Asset Ratio (TTM) | 0.40 | -- |
| Net Debt-to-EBITDA Ratio (TTM) | 3.78 | -0.10 |
| Interest Coverage Ratio (TTM) | 4.02 | 4.90 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AVB and PLD. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AVB
3.41%
REIT - Residential Industry
- Max
- 6.90%
- Q3
- 5.06%
- Median
- 3.70%
- Q1
- 3.35%
- Min
- 1.32%
AVB’s Dividend Yield of 3.41% is consistent with its peers in the REIT - Residential industry, providing a dividend return that is standard for its sector.
PLD
3.65%
REIT - Industrial Industry
- Max
- 20.56%
- Q3
- 6.04%
- Median
- 4.74%
- Q1
- 3.70%
- Min
- 0.86%
PLD’s Dividend Yield of 3.65% is in the lower quartile for the REIT - Industrial industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio
AVB
84.58%
REIT - Residential Industry
- Max
- 647.59%
- Q3
- 358.74%
- Median
- 123.11%
- Q1
- 73.29%
- Min
- 0.00%
AVB’s Dividend Payout Ratio of 84.58% is within the typical range for the REIT - Residential industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
PLD
96.78%
REIT - Industrial Industry
- Max
- 293.37%
- Q3
- 145.99%
- Median
- 113.64%
- Q1
- 91.91%
- Min
- 32.31%
PLD’s Dividend Payout Ratio of 96.78% is within the typical range for the REIT - Industrial industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AVB | PLD |
|---|---|---|
| Dividend Yield (TTM) | 3.41% | 3.65% |
| Dividend Payout Ratio (TTM) | 84.58% | 96.78% |
Valuation
Price-to-Earnings Ratio
AVB
25.14
REIT - Residential Industry
- Max
- 209.03
- Q3
- 105.65
- Median
- 37.25
- Q1
- 29.74
- Min
- 25.36
The P/E Ratio is often not the primary metric for valuation in the REIT - Residential industry.
PLD
26.79
REIT - Industrial Industry
- Max
- 38.60
- Q3
- 31.61
- Median
- 26.20
- Q1
- 24.65
- Min
- 24.26
The P/E Ratio is often not the primary metric for valuation in the REIT - Industrial industry.
Forward P/E to Growth Ratio
AVB
4.92
REIT - Residential Industry
- Max
- 8.96
- Q3
- 6.40
- Median
- 3.83
- Q1
- 0.72
- Min
- 0.26
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Residential industry.
PLD
1.55
REIT - Industrial Industry
- Max
- 5.86
- Q3
- 4.32
- Median
- 2.83
- Q1
- 0.57
- Min
- 0.10
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Industrial industry.
Price-to-Sales Ratio
AVB
9.79
REIT - Residential Industry
- Max
- 10.14
- Q3
- 8.03
- Median
- 7.51
- Q1
- 5.76
- Min
- 3.29
AVB’s P/S Ratio of 9.79 is in the upper echelon for the REIT - Residential industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
PLD
11.95
REIT - Industrial Industry
- Max
- 14.21
- Q3
- 9.79
- Median
- 7.92
- Q1
- 3.64
- Min
- 0.69
PLD’s P/S Ratio of 11.95 is in the upper echelon for the REIT - Industrial industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
AVB
2.42
REIT - Residential Industry
- Max
- 4.04
- Q3
- 3.00
- Median
- 2.31
- Q1
- 1.78
- Min
- 0.81
AVB’s P/B Ratio of 2.42 is within the conventional range for the REIT - Residential industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
PLD
1.87
REIT - Industrial Industry
- Max
- 3.41
- Q3
- 2.29
- Median
- 1.45
- Q1
- 0.89
- Min
- 0.38
PLD’s P/B Ratio of 1.87 is within the conventional range for the REIT - Industrial industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | AVB | PLD |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 25.14 | 26.79 |
| Forward PEG Ratio (TTM) | 4.92 | 1.55 |
| Price-to-Sales Ratio (P/S, TTM) | 9.79 | 11.95 |
| Price-to-Book Ratio (P/B, TTM) | 2.42 | 1.87 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 20.56 | 20.84 |
| EV-to-EBITDA (TTM) | 16.71 | 14.78 |
| EV-to-Sales (TTM) | 12.64 | 11.87 |