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).
AVB
AvalonBay Communities, Inc.
$187.03Real Estate
REG
Regency Centers Corporation
$80.28Real Estate
Total return — AVB vs REG
growth of $100 · last 30yAVB +633.5%REG +298.8%AVB compounded faster
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 10It depends on what you're optimizing for:
GrowthREG(faster 5Y revenue CAGR)
QualityREG(higher ROIC)
Valuation
| Metric | AVB | REG |
|---|---|---|
| P/E ratio | 23.26 | 23.07 |
| Forward P/E | 34.15 | 31.52● |
| P/S ratio | 8.60 | 8.65 |
| P/B ratio | 2.29 | 2.14● |
| PEG ratio | 4.98 | 0.78● |
| EV / EBITDA | 17.86 | 17.37● |
| FCF yield | 5.71%● | 3.98% |
Profitability
| Metric | AVB | REG |
|---|---|---|
| Gross margin | 67.92%● | 47.88% |
| Operating margin | 29.15% | 47.19%● |
| Net margin | 37.27% | 38.12%● |
| ROE | 9.94%● | 9.41% |
| ROIC | 4.28% | 4.43%● |
Dividends
| Metric | AVB | REG |
|---|---|---|
| Dividend yield | 3.76% | 3.70% |
| Payout ratio | 95.00% | 106.45% |
Growth (annualized)
| Metric | AVB | REG |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
AvalonBay Communities P/E ratioRegency Centers P/E ratioAvalonBay Communities dividend yieldRegency Centers dividend yieldAvalonBay Communities ROERegency Centers ROEAvalonBay Communities operating marginRegency Centers operating marginAvalonBay Communities revenue growthRegency Centers revenue growthAvalonBay Communities free cash flowRegency Centers free cash flow
AvalonBay Communities & Regency Centers appear in these rankings
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.