Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
67.71
+0.54 (0.80%)
Jun 26, 2026, 2:49 PM EDT - Market open

Equity Residential Statistics

Total Valuation

EQR has a market cap or net worth of $26.00 billion. The enterprise value is $34.61 billion.

Market Cap26.00B
Enterprise Value 34.61B

Important Dates

The next estimated earnings date is Monday, August 3, 2026, after market close.

Earnings Date Aug 3, 2026
Ex-Dividend Date Jun 29, 2026

Share Statistics

EQR has 384.04 million shares outstanding. The number of shares has decreased by -0.51% in one year.

Current Share Class 374.71M
Shares Outstanding 384.04M
Shares Change (YoY) -0.51%
Shares Change (QoQ) -0.94%
Owned by Insiders (%) 0.38%
Owned by Institutions (%) 88.42%
Float 336.92M

Valuation Ratios

The trailing PE ratio is 26.81 and the forward PE ratio is 45.89.

Price/FFO Ratio 17.43
Price/AFFO Ratio n/a
PE Ratio 26.81
Forward PE 45.89
PS Ratio 8.35
Forward PS 8.11
PB Ratio 2.36
P/TBV Ratio 2.44
P/FCF Ratio n/a
P/OCF Ratio 16.01
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 36.35
EV / Sales 11.12
EV / EBITDA 18.29
EV / EBIT 38.93
EV / FCF n/a

Financial Position

The company has a current ratio of 0.11, with a Debt / Equity ratio of 0.78.

Current Ratio 0.11
Quick Ratio 0.03
Debt / Equity 0.78
Debt / EBITDA 4.49
Debt / FCF n/a
Interest Coverage 2.77

Financial Efficiency

Return on equity (ROE) is 8.67% and return on invested capital (ROIC) is 4.49%.

Return on Equity (ROE) 8.67%
Return on Assets (ROA) 2.71%
Return on Invested Capital (ROIC) 4.49%
Return on Capital Employed (ROCE) 4.61%
Weighted Average Cost of Capital (WACC) 7.27%
Revenue Per Employee $1.30M
Profits Per Employee $396,731
Employee Count2,400
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 0.16%

Stock Price Statistics

The stock price has increased by +3.34% in the last 52 weeks. The beta is 0.76, so EQR's price volatility has been lower than the market average.

Beta (5Y) 0.76
52-Week Price Change +3.34%
50-Day Moving Average 65.45
200-Day Moving Average 62.72
Relative Strength Index (RSI) 59.66
Average Volume (20 Days) 3,138,568

Short Selling Information

The latest short interest is 10.35 million, so 2.69% of the outstanding shares have been sold short.

Short Interest 10.35M
Short Previous Month 11.45M
Short % of Shares Out 2.69%
Short % of Float 3.07%
Short Ratio (days to cover) 3.31

Income Statement

In the last 12 months, EQR had revenue of $3.11 billion and earned $952.15 million in profits. Earnings per share was $2.51.

Revenue3.11B
Gross Profit 1.95B
Operating Income 889.15M
Pretax Income 981.84M
Net Income 952.15M
EBITDA 1.89B
EBIT 889.15M
Earnings Per Share (EPS) $2.51
Full Income Statement

Balance Sheet

The company has $34.68 million in cash and $8.64 billion in debt, with a net cash position of -$8.61 billion or -$22.42 per share.

Cash & Cash Equivalents 34.68M
Total Debt 8.64B
Net Cash -8.61B
Net Cash Per Share -$22.42
Equity (Book Value) 11.02B
Book Value Per Share 28.43
Working Capital -1.07B
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.62B
Capital Expenditures -4.91M
Depreciation & Amortization 1.00B
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 62.78%, with operating and profit margins of 28.56% and 30.63%.

Gross Margin 62.78%
Operating Margin 28.56%
Pretax Margin 31.54%
Profit Margin 30.63%
EBITDA Margin 60.79%
EBIT Margin 28.56%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.81, which amounts to a dividend yield of 4.15%.

Dividend Per Share $2.81
Dividend Yield 4.15%
Dividend Growth (YoY) 2.01%
Years of Dividend Growth 1
Payout Ratio 111.35%
Buyback Yield 0.51%
Shareholder Yield 4.66%
Earnings Yield 3.66%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for EQR is $71.56, which is 5.69% higher than the current price. The consensus rating is "Buy".

Price Target $71.56
Price Target Difference 5.69%
Analyst Consensus Buy
Analyst Count 21
Revenue Growth Forecast (3Y) 3.41%
EPS Growth Forecast (3Y) 12.57%
Stock Forecasts

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 5