EQR - NYSE

Equity Residential

EQR·NYSE

$67.90

+2.6%

Real EstateREIT - Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$25.44B

EPS2.9700

P/E Ratio22.86

Earnings Date08/03/2026

3.10B

Revenue

3Y+13.0%

5Y+21.0%

10Y+28.0%

1.12B

Net Income

3Y+44.0%

5Y+23.0%

10Y-74.0%

1.65B

Operating Cash Flow

3Y+13.0%

5Y+30.0%

10Y+36.0%

Equity Residential Profit Bridge

EQR · NYSE

Revenue & Cost of Sales

Revenue3.10B

Cost of Goods Sold (1.66B)

Gross Profit1.44B

Operating Expenses

Operating Expenses (309.84M)

Operating Income1.13B

Other Income & Taxes

Interest Expense (237.35M)

Other Income/Expense32.04M

Pretax Income1.16B

Income Tax (6.58M)

Net Income1.12B

Net Income

1.12B

Profitability Analysis

Gross Margin

46.3%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

36.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

36.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.6%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Equity Residential Income Statement

EQR • NYSE

Equity Residential Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	3.1B	3B	2.9B	2.7B	2.5B	2.6B	2.7B	2.6B	2.5B	2.4B	2.7B	2.6B	2.4B	1.7B	2B	2B	1.9B	2.1B	2B	2B
GROSS PROFIT
Cost of Revenue	(1.7B)	(1.1B)	(1B)	(982.6M)	(948.8M)	(916.4M)	(908.3M)	(879.6M)	(826.3M)	(806.2M)	(905.2M)	(883.6M)	(834.2M)	(625.5M)	(1.4B)	(1.5B)	(1.4B)	(1.4B)	(1.4B)	(1.4B)
Gross Profit	1.4B	1.9B	1.8B	1.8B	1.5B	1.7B	1.8B	1.7B	1.6B	1.6B	1.8B	1.7B	1.6B	1.1B	612.6M	529.4M	582.3M	668M	616.5M	595.6M
OPERATING INCOME
Operating Expenses	(309.8M)	(61.7M)	(60.7M)	(58.7M)	-160.6M	(337.3M)	(436.2M)	(583.4M)	(640.6M)	(763.5M)	(830.6M)	(809.5M)	(1B)	(485.7M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Selling, General & Administrative	(51.5M)	(61.7M)	(60.7M)	(58.7M)	(56.5M)	(48.3M)	(52.8M)	(53.8M)	(52.2M)	(57.8M)	(64.7M)	(50.7M)	(62.2M)	(47.2M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Operating Income	1.1B	1.8B	1.8B	1.7B	1.7B	1.3B	1.4B	1.1B	1B	856.1M	1B	921.6M	512.3M	514.1M	0.0	15.4M	59M	139.6M	85M	110.9M
PRE-TAX INCOME
Interest Expense	(237.4M)	(285.7M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Net Interest Income	-192.1M	-285.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.7M	2.6M	150.5M	7.2M	269K	7.1M	13.1M	24.3M	31.1M
Other Expenses	(258.4M)	(0.0)	(0.0)	(0.0)	-217.1M	(289M)	(383.4M)	(529.6M)	(588.4M)	(705.6M)	(765.9M)	(758.9M)	(979M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Total Other Income Expenses Net	32M	-751.7M	-897.1M	-886M	-278.2M	-354.6M	-348.7M	-428.5M	-375.7M	3.6B	-100.7M	-263.1M	-679.3M	-353.3M	80.5M	-61.6M	-38.9M	-94.9M	6M	-3.5M
Income Before Tax	1.2B	1.1B	869.6M	807.9M	1.4B	963.4M	1B	686.1M	628.9M	4.5B	908.5M	658.5M	-167M	160.8M	80.5M	-46.2M	20.2M	44.7M	91M	107.4M
NET INCOME
Income Tax Expense	(6.6M)	(1.3M)	(1.1M)	(900K)	(915K)	(852K)	-2.3M	(878K)	(478K)	(1.6M)	(917K)	(1.4M)	(1.2M)	(539K)	(728K)	(334K)	(2.8M)	(5.3M)	(2.5M)	-1.1B
Net Income	1.1B	1B	835.4M	776.9M	1.3B	913.6M	970.4M	657.5M	603.5M	4.3B	870.1M	631.3M	1.8B	841.7M	893.6M	283.6M	362.3M	420.1M	989.6M	1.1B

SEC Filings

EQR - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 21, 2026	May 20, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 28, 2026	April 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 15, 2026	April 13, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 14, 2026	April 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	February 27, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 13, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 04, 2025	December 03, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 01, 2025	December 01, 2025	2025	View Filing

Showing 1 to 10 of 506 filings

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