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Equity Residential

EQR
$67.07
+$0.37 (0.55%)+0.55%
Closed
Loading chart...
IndexN/A
Market Cap25.15B
Enterprise Value32.63B
Income$0.26B
Sales$0.76B
Employees2,500
P/E20.45
P/S7.71
P/B2.16
P/C18.53
EV/EBITDA13.95
EV/Sales46.34
EPS (ttm)3.28
Earnings2025-10-28
Gross Margin63.38%
Oper. Margin28.95%
Profit Margin36.94%
Volume1.58M
Shs Outstand0.37B
Change0.55%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD0.02%
Perf Year-11.08%
Perf 3Y1.09%
Perf 5Y2.87%
Perf 10Y-21.65%
IPO1993-08-12
Income Statement by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Revenue$2.98B$2.87B$2.74B$2.46B$2.57B$2.70B$2.58B$2.47B
Cost of Revenue$1.09B$1.05B$982.58M$948.79M$916.38M$908.33M$879.63M$826.27M
Gross Profit$1.89B$1.83B$1.75B$1.52B$1.66B$1.79B$1.70B$1.65B
Gross Margin63.27%63.59%64.08%61.49%64.37%66.37%65.87%66.57%
Operating Expenses$61.65M$60.72M$58.71M$-160.64M$337.33M$436.20M$583.43M$640.61M
Operating Income$1.82B$1.77B$1.69B$1.68B$1.32B$1.36B$1.11B$1.00B
Operating Margin61.20%61.47%61.93%68.01%51.25%50.22%43.24%40.65%
Net Income$1.04B$835.44M$776.91M$1.33B$913.64M$970.38M$657.53M$603.45M
Net Margin34.76%29.07%28.40%54.09%35.53%35.93%25.51%24.42%
EPS (Basic)$2.73$2.20$2.06$3.56$2.36$2.61$1.79$1.64
EBITDA$1.84B$1.78B$1.71B$1.46B$1.61B$1.74B$1.64B$1.58B
Stock Option Compensation Expense$31.29M$31.82M$29.51M$27.81M$23.17M$24.45M$27.13M$25.00M
Price To Earnings Ratio26.2427.7328.5725.3824.1230.8936.9538.78
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market Capitalization$27.18B$23.17B$22.20B$33.83B$22.04B$29.98B$24.30B$23.40B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$20.83B$20.03B$20.22B$21.17B$20.29B$21.17B$20.39B$20.57B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$9.25B$8.46B$8.52B$9.48B$9.18B$10.16B$9.62B$9.73B
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$11.04B$11.09B$11.17B$10.95B$10.53B$10.32B$10.17B$10.24B
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$11.04B$11.09B$11.17B$10.95B$10.53B$10.32B$10.17B$10.24B
Total Liabilities & Stockholders Equity$20.83B$20.03B$20.22B$21.17B$20.29B$21.17B$20.39B$20.57B
Book Value Per Share$30.58$30.57$31.10$31.26$29.86$29.71$29.29$29.54
Tangible Book Value Per Share$30.58$30.57$31.10$31.26$29.86$29.71$29.29$29.54
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on Assets4.97%4.17%3.84%6.30%4.50%4.58%3.22%2.93%
Return on Equity9.38%7.54%6.95%12.17%8.68%9.41%6.46%5.89%
Return on Invested Capital8.93%8.99%8.54%8.07%6.62%6.52%5.56%4.97%
Quick Ratio0.160.170.260.500.120.080.130.15
Current Ratio0.160.170.260.500.120.080.130.15
Cash Flow by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Net Income$1.04B$835.44M$776.91M$1.33B$913.64M$970.38M$657.53M$603.45M
Depreciation$966.74M$901.50M$894.33M$838.27M$820.83M$831.08M$790.12M$747.58M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$1.57B$1.53B$1.45B$1.26B$1.27B$1.46B$1.36B$1.27B
Capital Expenditures$318.69M$333.54M$232.24M$168.65M$166.24M$190.26M$199.27M$230.40M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends Paid$1.02B$993.24M$934.10M$903.56M$887.03M$834.20M$785.99M$742.47M
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$38.47M$49.10M$0.00$0.00$0.00$0.00$0.00$0.00
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash Flow$1.25B$1.20B$1.22B$1.09B$1.10B$1.27B$1.16B$1.04B
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Jul 30 · 1:00PMAvalonBay Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvalonBay Communities, Inc. - AVBgurufocus.com ↗Jul 30 · 12:02PMAvalonBay Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvalonBay Communities, Inc. - AVBbusinesswire.com ↗Jul 30 · 8:30AMEquity Residential and AvalonBay Announce Vivmark Residential as Name of Combined Companybusinesswire.com ↗Jul 26 · 6:27AMBuy 4 Barron's Better Bets (Than T-Bills) Out Of 11 'Safer' July DiviDogsseekingalpha.com ↗Jul 25 · 8:00AM3 Apartment REITs to Buy for Passive Income Before July Ends247wallst.com ↗Jul 23 · 12:00PMEquity Residential Q2 FFO Beats Estimates, Coastal Demand Lifts Resultszacks.com ↗Jul 23 · 4:13AMEquity Residential $EQR Position Increased by Dimensional Fund Advisors LPdefenseworld.net ↗Jul 22 · 7:31PMEquity Residential (EQR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimateszacks.com ↗
Show 12 more stories↓
Jul 22 · 6:56PMEquity Residential (EQR) Q2 FFO Top Estimateszacks.com ↗Jul 22 · 4:15PMEquity Residential Reports Second Quarter 2026 Resultsbusinesswire.com ↗Jul 20 · 10:16AMWall Street's Insights Into Key Metrics Ahead of Equity Residential (EQR) Q2 Earningszacks.com ↗Jul 16 · 11:26AMEquity Residential to Post Q2 Earnings: Is It a Portfolio Must-Have?zacks.com ↗Jul 8 · 4:15PMAvalonBay Communities, Inc. Announces Second Quarter 2026 Earnings Release Datebusinesswire.com ↗Jul 8 · 4:15PMEquity Residential Announces Second Quarter 2026 Earnings Release Datebusinesswire.com ↗Jun 18 · 4:15PMEquity Residential Declares Second Quarter Dividendsbusinesswire.com ↗Jun 9 · 7:58AMHere Are Tuesday’s Top Wall Street Analyst Research Calls: Cerebras Systems, Cleveland-Cliffs, Equity Residential, FuelCell Energy, Lennar, Luckin Coffee, Toll Brothers, and More247wallst.com ↗Jun 8 · 8:00AMAvalonBay Communities and Equity Residential Announce Leadership Team for Combined Companybusinesswire.com ↗Jun 1 · 3:27PMAre TMHC, RAMP, EQR Obtaining Fair Deals for their Shareholders?prnewswire.com ↗May 29 · 10:46AMThe M&A Class Action Firm Encourages $hareholders to Contact Monteverde Concerning The Merger—AVB, EQR, EVTV, and GBTGglobenewswire.com ↗May 28 · 6:56PMAre AVB, EQR, AXTA, LPSN Obtaining Fair Deals for their Shareholders?prnewswire.com ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
Aman Angela M
Award
3.6K
—
—
Jun 18, 26
Carr Chris
Award
3.6K
—
—
Jun 18, 26
HABEN MARY KAY
Award
3.3K
—
—
Jun 18, 26
Hoff Ann
Award
3.3K
—
—
Jun 18, 26
Huque Tahsinul Zia
Award
3.6K
—
—
Jun 18, 26

Company

CEO: Mark J. ParrellEmployees: 2400www.equityapartments.com
About the company↓

Equity Residential is committed to cultivating vibrant living environments where residents can flourish. This S&P 500 firm specializes in the acquisition, development, and ongoing management of rental properties, strategically located within or near thriving metropolitan areas that attract desirable, long-term tenants. The company's substantial portfolio includes ownership or investment in 305 properties, comprising a total of 78,568 apartment units, situated in key markets such as Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver.

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