Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
67.07
+0.37 (0.55%)
At close: Aug 7, 2026, 4:00 PM EDT
67.17
+0.10 (0.15%)
After-hours: Aug 7, 2026, 7:34 PM EDT

Equity Residential Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,1293,0942,9802,8742,7352,464
Revenue Growth
2.77%3.82%3.69%5.07%11.01%-4.19%
Gross Profit
1,9511,9451,8861,8271,7531,515
Operating Income
882869.75871.7878.05811.72620.43
Net Income
873.931,1191,033832.35773.821,330
Earnings Per Share
2.302.942.722.202.053.54
EPS Growth
-13.21%8.09%23.64%7.32%-42.09%44.49%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Total Same-Store Rental Income
2,9672,8222,7492,7402,6102,292
Non-Same-Store / Other Rental Income
162.22272.16230.75133.77125.41172.39
Revenue (Total)
3,1293,0942,9802,8742,7352,464

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
36.4155.962.350.7453.87123.83
Total Debt
8,5668,4808,4277,7027,7348,654
Net Cash (Debt)
-8,529-8,424-8,364-7,651-7,681-8,530
Net Cash Growth
------
Net Cash Per Share
-22.03-21.58-21.41-19.57-19.72-21.98

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,5661,6491,5741,5331,4551,260
Capital Expenditures
-594.24-1,132-2,044-736.23-454.63-2,087
Free Cash Flow
971.86516.3-470796.561,000-827.02
Free Cash Flow Growth
----20.35%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
62.34%62.88%63.27%63.59%64.08%61.49%
Operating Margin
28.19%28.11%29.25%30.55%29.68%25.18%
Pretax Margin
28.79%37.28%35.98%30.26%29.54%56.72%
Profit Margin
28.74%37.23%35.94%30.22%29.50%56.68%
FCF Margin
31.06%16.69%-15.77%27.72%36.57%-33.56%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.8102.7702.7002.6502.5002.410
Dividend Per Share Growth
2.01%2.59%1.89%6.00%3.73%0%
Dividend Yield
4.19%4.37%3.75%4.27%4.20%2.66%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
29.0521.4426.3827.8028.7825.57
P/FCF Ratio
26.5146.13-30.0123.06-
PS Ratio
8.237.709.148.328.4314.26