Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
77.64
+0.30 (0.39%)
Sep 18, 2024, 2:19 PM EDT - Market open
Equity Residential Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Rental Revenue | 2,917 | 2,874 | 2,735 | 2,464 | 2,572 | 2,701 | Upgrade
|
| Total Revenue | 2,917 | 2,874 | 2,735 | 2,464 | 2,572 | 2,701 | Upgrade
|
| Revenue Growth (YoY | 3.53% | 5.07% | 11.01% | -4.19% | -4.78% | 4.77% | Upgrade
|
| Property Expenses | 1,057 | 1,046 | 982.58 | 948.79 | 916.39 | 908.33 | Upgrade
|
| Selling, General & Administrative | 60.03 | 60.72 | 58.71 | 56.51 | 48.31 | 52.76 | Upgrade
|
| Depreciation & Amortization | 901.62 | 888.71 | 882.17 | 838.27 | 820.83 | 831.08 | Upgrade
|
| Total Operating Expenses | 2,018 | 1,996 | 1,923 | 1,844 | 1,786 | 1,792 | Upgrade
|
| Operating Income | 898.06 | 878.05 | 811.72 | 620.43 | 786.18 | 908.52 | Upgrade
|
| Interest Expense | -279.39 | -278.5 | -291.65 | -281.21 | -374.01 | -401.75 | Upgrade
|
| Interest & Investment Income | 9.85 | 7.38 | 0.13 | 2.23 | 5.94 | 3.2 | Upgrade
|
| Income (Loss) on Equity Investments | -6.15 | -5.38 | -5.03 | -3.4 | -3.28 | 65.95 | Upgrade
|
| Other Non-Operating Income | -58.98 | -29.42 | -13.66 | -19.28 | -17.51 | -18.18 | Upgrade
|
| EBT Excluding Unusual Items | 563.39 | 572.13 | 501.51 | 318.78 | 397.31 | 557.75 | Upgrade
|
| Gain (Loss) on Sale of Investments | 19.49 | 14.97 | 2.06 | 23.43 | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | 410.41 | 282.54 | 304.33 | 1,072 | 566.04 | 449.68 | Upgrade
|
| Asset Writedown | - | - | - | -16.77 | - | - | Upgrade
|
| Pretax Income | 993.29 | 869.64 | 807.9 | 1,398 | 963.35 | 1,007 | Upgrade
|
| Income Tax Expense | 1.15 | 1.15 | 0.9 | 0.92 | 0.85 | -2.28 | Upgrade
|
| Earnings From Continuing Operations | 992.14 | 868.49 | 807 | 1,397 | 962.5 | 1,010 | Upgrade
|
| Net Income to Company | 992.14 | 868.49 | 807 | 1,397 | 962.5 | 1,010 | Upgrade
|
| Minority Interest in Earnings | -34.67 | -33.05 | -30.08 | -63.86 | -48.87 | -39.33 | Upgrade
|
| Net Income | 957.47 | 835.44 | 776.91 | 1,333 | 913.64 | 970.38 | Upgrade
|
| Preferred Dividends & Other Adjustments | 3.89 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 | Upgrade
|
| Net Income to Common | 953.58 | 832.35 | 773.82 | 1,330 | 910.55 | 967.29 | Upgrade
|
| Net Income Growth | 14.90% | 7.53% | -41.71% | 45.88% | -5.85% | 47.58% | Upgrade
|
| Basic Shares Outstanding | 379 | 379 | 376 | 374 | 372 | 370 | Upgrade
|
| Diluted Shares Outstanding | 391 | 391 | 389 | 388 | 386 | 386 | Upgrade
|
| Shares Change (YoY) | 0.10% | 0.37% | 0.35% | 0.57% | -0.12% | 0.69% | Upgrade
|
| EPS (Basic) | 2.52 | 2.20 | 2.06 | 3.56 | 2.45 | 2.61 | Upgrade
|
| EPS (Diluted) | 2.51 | 2.20 | 2.05 | 3.54 | 2.45 | 2.60 | Upgrade
|
| EPS Growth | 14.34% | 6.96% | -42.04% | 44.81% | -5.75% | 46.67% | Upgrade
|
| Dividend Per Share | 2.675 | 2.650 | 2.500 | 2.410 | 2.410 | 2.270 | Upgrade
|
| Dividend Growth | 3.88% | 6.00% | 3.73% | 0% | 6.17% | 5.09% | Upgrade
|
| Operating Margin | 30.79% | 30.55% | 29.68% | 25.18% | 30.57% | 33.64% | Upgrade
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| Profit Margin | 32.70% | 28.96% | 28.29% | 53.97% | 35.41% | 35.82% | Upgrade
|
| Free Cash Flow Margin | 55.02% | 53.33% | 53.19% | 51.14% | 49.21% | 53.95% | Upgrade
|
| EBITDA | 1,800 | 1,767 | 1,694 | 1,459 | 1,607 | 1,740 | Upgrade
|
| EBITDA Margin | 61.71% | 61.47% | 61.93% | 59.19% | 62.49% | 64.41% | Upgrade
|
| D&A For Ebitda | 901.62 | 888.71 | 882.17 | 838.12 | 820.76 | 831.01 | Upgrade
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| EBIT | 898.06 | 878.05 | 811.72 | 620.43 | 786.18 | 908.52 | Upgrade
|
| EBIT Margin | 30.79% | 30.55% | 29.68% | 25.18% | 30.57% | 33.64% | Upgrade
|
| Funds From Operations (FFO) | 1,473 | 1,464 | 1,374 | 1,151 | 1,238 | 1,311 | Upgrade
|
| FFO Per Share | 3.77 | 3.75 | 3.53 | - | - | - | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 1,464 | 1,374 | 1,151 | 1,238 | 1,311 | Upgrade
|
| AFFO Per Share | - | 3.75 | 3.53 | - | - | - | Upgrade
|
| FFO Payout Ratio | 68.58% | 67.63% | 67.82% | 78.26% | 71.39% | 63.39% | Upgrade
|
| Effective Tax Rate | 0.12% | 0.13% | 0.11% | 0.07% | 0.09% | - | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.