Equity Residential (EQR)

Equity Residential Statistics

Total Valuation

EQR has a market cap or net worth of $28.90 billion. The enterprise value is $37.25 billion.

Market Cap	28.90B
Enterprise Value	37.25B

Important Dates

The last earnings date was Wednesday, October 30, 2024, after market close.

Earnings Date	Oct 30, 2024
Ex-Dividend Date	Sep 24, 2024

Share Statistics

EQR has 390.92 million shares outstanding. The number of shares has decreased by -0.05% in one year.

Current Share Class	379.35M
Shares Outstanding	390.92M
Shares Change (YoY)	-0.05%
Shares Change (QoQ)	+0.12%
Owned by Insiders (%)	0.45%
Owned by Institutions (%)	94.32%
Float	376.70M

Valuation Ratios

The trailing PE ratio is 30.33 and the forward PE ratio is 46.44. EQR's PEG ratio is 14.27.

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	30.33
Forward PE	46.44
PS Ratio	9.52
Forward PS	9.40
PB Ratio	2.59
P/TBV Ratio	2.67
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	14.27

Enterprise Valuation

EV / Earnings	40.28
EV / Sales	12.67
EV / EBITDA	20.74
EV / EBIT	41.57
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.10, with a Debt / Equity ratio of 0.76.

Current Ratio	0.10
Quick Ratio	0.03
Debt / Equity	0.76
Debt / EBITDA	4.75
Debt / FCF	n/a
Interest Coverage	3.18

Financial Efficiency

Return on equity (ROE) is 8.36% and return on invested capital (ROIC) is 2.84%.

Return on Equity (ROE)	8.36%
Return on Assets (ROA)	2.73%
Return on Capital (ROIC)	2.84%
Revenue Per Employee	$1.23M
Profits Per Employee	$385,389
Employee Count	2,400
Asset Turnover	0.14
Inventory Turnover	n/a

Taxes

In the past 12 months, EQR has paid $1.18 million in taxes.

Income Tax	1.18M
Effective Tax Rate	0.12%

Stock Price Statistics

The stock price has increased by +33.36% in the last 52 weeks. The beta is 0.91, so EQR's price volatility has been similar to the market average.

Beta (5Y)	0.91
52-Week Price Change	+33.36%
50-Day Moving Average	74.20
200-Day Moving Average	68.22
Relative Strength Index (RSI)	51.90
Average Volume (20 Days)	1,641,654

Short Selling Information

The latest short interest is 4.70 million, so 1.20% of the outstanding shares have been sold short.

Short Interest	4.70M
Short Previous Month	5.86M
Short % of Shares Out	1.20%
Short % of Float	1.25%
Short Ratio (days to cover)	3.22

Income Statement

In the last 12 months, EQR had revenue of $2.94 billion and earned $924.93 million in profits. Earnings per share was $2.44.

Revenue	2.94B
Gross Profit	1.87B
Operating Income	896.20M
Pretax Income	958.62M
Net Income	924.93M
EBITDA	1.80B
EBIT	896.20M
Earnings Per Share (EPS)	$2.44

Balance Sheet

The company has $28.61 million in cash and $8.67 billion in debt, giving a net cash position of -$8.64 billion or -$22.11 per share.

Cash & Cash Equivalents	28.61M
Total Debt	8.67B
Net Cash	-8.64B
Net Cash Per Share	-$22.11
Equity (Book Value)	11.41B
Book Value Per Share	28.57
Working Capital	-1.14B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 63.64%, with operating and profit margins of 30.47% and 31.57%.

Gross Margin	63.64%
Operating Margin	30.47%
Pretax Margin	32.66%
Profit Margin	31.57%
EBITDA Margin	61.08%
EBIT Margin	30.47%
FCF Margin	53.07%

Dividends & Yields

This stock pays an annual dividend of $2.70, which amounts to a dividend yield of 3.65%.

Dividend Per Share	$2.70
Dividend Yield	3.65%
Dividend Growth (YoY)	2.83%
Years of Dividend Growth	2
Payout Ratio	110.80%
Buyback Yield	0.05%
Shareholder Yield	3.70%
Earnings Yield	3.20%
FCF Yield	n/a

Analyst Forecast

The average price target for EQR is $74.39, which is 0.64% higher than the current price. The consensus rating is "Buy".

Price Target	$74.39
Price Target Difference	0.64%
Analyst Consensus	Buy
Analyst Count	20
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	-2.37%

Stock Splits

The last stock split was on October 12, 2001. It was a forward split with a ratio of 2:1.

Last Split Date	Oct 12, 2001
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3