Is AVB or FRT cheaper?

On trailing earnings, FRT is cheaper: AVB trades at a 23.26 P/E and FRT at 21.66.

Which has grown faster, AVB or FRT?

Over the past five years, FRT grew revenue faster — AVB at a 6.36% CAGR versus FRT at 9.79%.

Does AVB or FRT pay a bigger dividend?

AVB yields 3.76% and FRT yields 3.57% based on trailing dividends and the latest price.

Is AVB or FRT more profitable?

FRT runs the higher net margin — AVB at 37.27% versus FRT at 38.61%.

Which has been the better investment, AVB or FRT?

Over the past 10-year, AVB delivered the higher annualized total return — AVB at 4.41% versus FRT at 1.63%. Past performance doesn't predict future results.

AvalonBay Communities, Inc. (AVB) vs Federal Realty Investment Trust (FRT)

FRT leads on 11 of 15 compared metrics.

A side-by-side comparison of AvalonBay Communities, Inc. and Federal Realty Investment Trust across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AVB

AvalonBay Communities, Inc.

$26.53B

$187.03Real Estate

FRT

Federal Realty Investment Trust

$10.87B

$125.84Real Estate

Total return — AVB vs FRT

growth of $100 · last 30y

AVB +633.5%FRT +459.3%AVB compounded faster

AVB FRT

AVB vs FRT: by the numbers

•AVB is the larger company ($26.53B vs $10.87B market cap).
•FRT trades at the lower earnings multiple (21.66 vs 23.26 P/E).
•FRT converts more revenue to profit (38.61% vs 37.27% net margin).
•FRT grew revenue faster over the past five years (9.79% vs 6.36% CAGR).
•AVB pays the higher dividend yield (3.76% vs 3.57%).

Which is better, AVB or FRT?

Metric tally: AVB 4 · FRT 11

It depends on what you're optimizing for:

ValueFRT(lower P/E)

GrowthFRT(faster 5Y revenue CAGR)

IncomeAVB(higher dividend yield)

QualityFRT(higher ROIC)

Valuation

Metric	AVB	FRT
P/E ratio	23.26	21.66●
Forward P/E	34.15●	40.88
P/S ratio	8.60	8.32●
P/B ratio	2.29●	3.29
PEG ratio	4.98	0.53●
EV / EBITDA	17.86	14.46●

Profitability

Metric	AVB	FRT
Gross margin	67.92%●	53.60%
Operating margin	29.15%	41.58%●
Net margin	37.27%	38.61%●
ROE	9.94%	15.29%●
ROIC	4.28%	480.25%●

Dividends

Metric	AVB	FRT
Dividend yield	3.76%●	3.57%
Payout ratio	95.00%	93.74%

Growth (annualized)

Metric	AVB	FRT
Revenue CAGR (5Y)	6.36%	9.79%●
EPS CAGR (5Y)	4.67%	24.22%●
Total return CAGR (5Y)	0.64%	4.67%●

Frequently asked

Which is better, AVB or FRT?: It depends on your goal. value: FRT (lower P/E); growth: FRT (faster 5Y revenue CAGR); income: AVB (higher dividend yield); quality: FRT (higher ROIC). Across all compared metrics, FRT leads 11 to 4.
Is AVB or FRT cheaper?: On trailing earnings, FRT is cheaper: AVB trades at a 23.26 P/E and FRT at 21.66.
Which has grown faster, AVB or FRT?: Over the past five years, FRT grew revenue faster — AVB at a 6.36% CAGR versus FRT at 9.79%.
Does AVB or FRT pay a bigger dividend?: AVB yields 3.76% and FRT yields 3.57% based on trailing dividends and the latest price.
Is AVB or FRT more profitable?: FRT runs the higher net margin — AVB at 37.27% versus FRT at 38.61%.
Which has been the better investment, AVB or FRT?: Over the past 10-year, AVB delivered the higher annualized total return — AVB at 4.41% versus FRT at 1.63%. Past performance doesn't predict future results.

Go deeper

Full AVB analysis Full FRT analysis Interactive comparison tool

Dig into the metrics

AvalonBay Communities P/E ratio Federal Realty Investment P/E ratio AvalonBay Communities dividend yield Federal Realty Investment dividend yield AvalonBay Communities ROE Federal Realty Investment ROE AvalonBay Communities operating margin Federal Realty Investment operating margin AvalonBay Communities revenue growth Federal Realty Investment revenue growth AvalonBay Communities free cash flow Federal Realty Investment free cash flow

AvalonBay Communities & Federal Realty Investment appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.