Is AVB or NNN cheaper?

On trailing earnings, NNN is cheaper: AVB trades at a 23.26 P/E and NNN at 22.62.

Which has grown faster, AVB or NNN?

Over the past five years, NNN grew revenue faster — AVB at a 6.36% CAGR versus NNN at 7.06%.

Does AVB or NNN pay a bigger dividend?

AVB yields 3.76% and NNN yields 5.15% based on trailing dividends and the latest price.

Is AVB or NNN more profitable?

NNN runs the higher net margin — AVB at 37.27% versus NNN at 41.38%.

Which has been the better investment, AVB or NNN?

Over the past 10-year, NNN delivered the higher annualized total return — AVB at 4.41% versus NNN at 4.73%. Past performance doesn't predict future results.

AvalonBay Communities, Inc. (AVB) vs NNN REIT, Inc. (NNN)

NNN leads on 13 of 15 compared metrics.

A side-by-side comparison of AvalonBay Communities, Inc. and NNN REIT, Inc. 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.

Total return — AVB vs NNN

growth of $100 · last 30y

AVB +633.5%NNN +251.6%AVB compounded faster

AVB NNN

AVB vs NNN: by the numbers

•AVB is the larger company ($26.53B vs $8.86B market cap).
•NNN trades at the lower earnings multiple (22.62 vs 23.26 P/E).
•NNN converts more revenue to profit (41.38% vs 37.27% net margin).
•NNN grew revenue faster over the past five years (7.06% vs 6.36% CAGR).
•NNN pays the higher dividend yield (5.15% vs 3.76%).

Which is better, AVB or NNN?

Metric tally: AVB 2 · NNN 13

It depends on what you're optimizing for:

ValueNNN(lower P/E)

GrowthNNN(faster 5Y revenue CAGR)

IncomeNNN(higher dividend yield)

QualityNNN(higher ROIC)

Valuation

Metric	AVB	NNN
P/E ratio	23.26	22.62●
Forward P/E	34.15	23.04●
P/S ratio	8.60●	9.43
P/B ratio	2.29	2.01●
PEG ratio	4.98	2.03●
EV / EBITDA	17.86	15.72●

Profitability

Metric	AVB	NNN
Gross margin	67.92%	81.38%●
Operating margin	29.15%	63.13%●
Net margin	37.27%	41.38%●
ROE	9.94%●	8.81%
ROIC	4.28%	6.10%●

Dividends

Metric	AVB	NNN
Dividend yield	3.76%	5.15%●
Payout ratio	95.00%	115.94%

Growth (annualized)

Metric	AVB	NNN
Revenue CAGR (5Y)	6.36%	7.06%●
EPS CAGR (5Y)	4.67%	11.15%●
Total return CAGR (5Y)	0.64%	4.03%●

Frequently asked

Which is better, AVB or NNN?: It depends on your goal. value: NNN (lower P/E); growth: NNN (faster 5Y revenue CAGR); income: NNN (higher dividend yield); quality: NNN (higher ROIC). Across all compared metrics, NNN leads 13 to 2.
Is AVB or NNN cheaper?: On trailing earnings, NNN is cheaper: AVB trades at a 23.26 P/E and NNN at 22.62.
Which has grown faster, AVB or NNN?: Over the past five years, NNN grew revenue faster — AVB at a 6.36% CAGR versus NNN at 7.06%.
Does AVB or NNN pay a bigger dividend?: AVB yields 3.76% and NNN yields 5.15% based on trailing dividends and the latest price.
Is AVB or NNN more profitable?: NNN runs the higher net margin — AVB at 37.27% versus NNN at 41.38%.
Which has been the better investment, AVB or NNN?: Over the past 10-year, NNN delivered the higher annualized total return — AVB at 4.41% versus NNN at 4.73%. Past performance doesn't predict future results.

Go deeper

Full AVB analysis Full NNN analysis Interactive comparison tool

Dig into the metrics

AvalonBay Communities P/E ratio NNN REIT P/E ratio AvalonBay Communities dividend yield NNN REIT dividend yield AvalonBay Communities ROE NNN REIT ROE AvalonBay Communities operating margin NNN REIT operating margin AvalonBay Communities revenue growth NNN REIT revenue growth AvalonBay Communities free cash flow NNN REIT free cash flow

AvalonBay Communities & NNN REIT appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Highest Operating Margin Stocks Highest FCF Yield 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.