AvalonBay Communities, Inc. (AVB) vs Regency Centers Corporation (REG)

REG leads on 10 of 14 compared metrics.

A side-by-side comparison of AvalonBay Communities, Inc. and Regency Centers Corporation 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).

Total return — AVB vs REG

growth of $100 · last 30y
AVB +633.5%REG +298.8%AVB compounded faster
2004006008001kStart $100200120062011201620212026$733$399
AVB REG

AVB vs REG: by the numbers

  • AVB is the larger company ($26.53B vs $14.70B market cap).
  • REG trades at the lower earnings multiple (23.07 vs 23.26 P/E).
  • REG converts more revenue to profit (38.12% vs 37.27% net margin).
  • REG grew revenue faster over the past five years (10.37% vs 6.36% CAGR).
  • AVB pays the higher dividend yield (3.76% vs 3.70%).

Which is better, AVB or REG?

Metric tally: AVB 4 · REG 10

It depends on what you're optimizing for:

GrowthREG(faster 5Y revenue CAGR)
QualityREG(higher ROIC)

Valuation

MetricAVBREG
P/E ratio23.2623.07
Forward P/E34.1531.52
P/S ratio8.608.65
P/B ratio2.292.14
PEG ratio4.980.78
EV / EBITDA17.8617.37
FCF yield5.71%3.98%

Profitability

MetricAVBREG
Gross margin67.92%47.88%
Operating margin29.15%47.19%
Net margin37.27%38.12%
ROE9.94%9.41%
ROIC4.28%4.43%

Dividends

MetricAVBREG
Dividend yield3.76%3.70%
Payout ratio95.00%106.45%

Growth (annualized)

MetricAVBREG
Revenue CAGR (5Y)6.36%10.37%
EPS CAGR (5Y)4.67%59.54%
FCF CAGR (5Y)6.75%2.73%
Total return CAGR (5Y)0.64%7.72%

Frequently asked

Which is better, AVB or REG?
It depends on your goal. growth: REG (faster 5Y revenue CAGR); quality: REG (higher ROIC). Across all compared metrics, REG leads 10 to 4.
Is AVB or REG cheaper?
On trailing earnings, REG is cheaper: AVB trades at a 23.26 P/E and REG at 23.07.
Which has grown faster, AVB or REG?
Over the past five years, REG grew revenue faster — AVB at a 6.36% CAGR versus REG at 10.37%.
Does AVB or REG pay a bigger dividend?
AVB yields 3.76% and REG yields 3.70% based on trailing dividends and the latest price.
Is AVB or REG more profitable?
REG runs the higher net margin — AVB at 37.27% versus REG at 38.12%.
Which has been the better investment, AVB or REG?
Over the past 10-year, AVB delivered the higher annualized total return — AVB at 4.41% versus REG at 4.04%. Past performance doesn't predict future results.

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.