Equity Residential Statistics
Total Valuation
EQR has a market cap or net worth of $25.77 billion. The enterprise value is $34.30 billion.
| Market Cap | 25.77B |
| Enterprise Value | 34.30B |
Important Dates
The last earnings date was Wednesday, July 22, 2026, after market close.
| Earnings Date | Jul 22, 2026 |
| Ex-Dividend Date | Jun 29, 2026 |
Share Statistics
EQR has 384.20 million shares outstanding. The number of shares has decreased by -1.06% in one year.
| Current Share Class | 374.94M |
| Shares Outstanding | 384.20M |
| Shares Change (YoY) | -1.06% |
| Shares Change (QoQ) | -0.32% |
| Owned by Insiders (%) | 0.62% |
| Owned by Institutions (%) | 87.07% |
| Float | 330.18M |
Valuation Ratios
The trailing PE ratio is 29.05 and the forward PE ratio is 45.15.
| Price/FFO Ratio | 17.19 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 29.05 |
| Forward PE | 45.15 |
| PS Ratio | 8.23 |
| Forward PS | 8.01 |
| PB Ratio | 2.40 |
| P/TBV Ratio | 2.45 |
| P/FCF Ratio | 26.51 |
| P/OCF Ratio | 16.45 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.08, with an EV/FCF ratio of 35.29.
| EV / Earnings | 39.24 |
| EV / Sales | 10.96 |
| EV / EBITDA | 18.08 |
| EV / EBIT | 38.89 |
| EV / FCF | 35.29 |
Financial Position
The company has a current ratio of 0.13, with a Debt / Equity ratio of 0.79.
| Current Ratio | 0.13 |
| Quick Ratio | 0.03 |
| Debt / Equity | 0.79 |
| Debt / EBITDA | 4.51 |
| Debt / FCF | 8.81 |
| Interest Coverage | 2.69 |
Financial Efficiency
Return on equity (ROE) is 8.02% and return on invested capital (ROIC) is 4.50%.
| Return on Equity (ROE) | 8.02% |
| Return on Assets (ROA) | 2.67% |
| Return on Invested Capital (ROIC) | 4.50% |
| Return on Capital Employed (ROCE) | 4.61% |
| Weighted Average Cost of Capital (WACC) | 7.23% |
| Revenue Per Employee | $1.30M |
| Profits Per Employee | $364,139 |
| Employee Count | 2,400 |
| Asset Turnover | 0.15 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, EQR has paid $1.59 million in taxes.
| Income Tax | 1.59M |
| Effective Tax Rate | 0.18% |
Stock Price Statistics
The stock price has increased by +5.79% in the last 52 weeks. The beta is 0.75, so EQR's price volatility has been lower than the market average.
| Beta (5Y) | 0.75 |
| 52-Week Price Change | +5.79% |
| 50-Day Moving Average | 67.56 |
| 200-Day Moving Average | 63.38 |
| Relative Strength Index (RSI) | 46.22 |
| Average Volume (20 Days) | 2,757,124 |
Short Selling Information
The latest short interest is 10.28 million, so 2.68% of the outstanding shares have been sold short.
| Short Interest | 10.28M |
| Short Previous Month | 11.04M |
| Short % of Shares Out | 2.68% |
| Short % of Float | 3.11% |
| Short Ratio (days to cover) | 3.41 |
Income Statement
In the last 12 months, EQR had revenue of $3.13 billion and earned $873.93 million in profits. Earnings per share was $2.31.
| Revenue | 3.13B |
| Gross Profit | 1.95B |
| Operating Income | 882.00M |
| Pretax Income | 900.80M |
| Net Income | 873.93M |
| EBITDA | 1.90B |
| EBIT | 882.00M |
| Earnings Per Share (EPS) | $2.31 |
Balance Sheet
The company has $36.41 million in cash and $8.57 billion in debt, with a net cash position of -$8.53 billion or -$22.20 per share.
| Cash & Cash Equivalents | 36.41M |
| Total Debt | 8.57B |
| Net Cash | -8.53B |
| Net Cash Per Share | -$22.20 |
| Equity (Book Value) | 10.89B |
| Book Value Per Share | 28.00 |
| Working Capital | -987.60M |
Cash Flow
In the last 12 months, operating cash flow was $1.57 billion and capital expenditures -$5.52 million, giving a free cash flow of $971.86 million.
| Operating Cash Flow | 1.57B |
| Capital Expenditures | -5.52M |
| Depreciation & Amortization | 1.01B |
| Net Borrowing | n/a |
| Free Cash Flow | 971.86M |
| FCF Per Share | $2.53 |
Margins
Gross margin is 62.34%, with operating and profit margins of 28.19% and 27.97%.
| Gross Margin | 62.34% |
| Operating Margin | 28.19% |
| Pretax Margin | 28.79% |
| Profit Margin | 27.97% |
| EBITDA Margin | 60.64% |
| EBIT Margin | 28.19% |
| FCF Margin | 31.06% |
Dividends & Yields
This stock pays an annual dividend of $2.81, which amounts to a dividend yield of 4.19%.
| Dividend Per Share | $2.81 |
| Dividend Yield | 4.19% |
| Dividend Growth (YoY) | 2.01% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 121.71% |
| Buyback Yield | 1.06% |
| Shareholder Yield | 5.25% |
| Earnings Yield | 3.39% |
| FCF Yield | 3.77% |
Analyst Forecast
The average price target for EQR is $73.05, which is 8.92% higher than the current price. The consensus rating is "Buy".
| Price Target | $73.05 |
| Price Target Difference | 8.92% |
| Analyst Consensus | Buy |
| Analyst Count | 20 |
| Revenue Growth Forecast (3Y) | 3.28% |
| EPS Growth Forecast (3Y) | 11.72% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 | 6 |