Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
70.90
+0.96 (1.37%)
At close: May 12, 2025, 4:00 PM
70.90
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
Equity Residential Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Rental Revenue | 3,010 | 2,980 | 2,874 | 2,735 | 2,464 | 2,572 | Upgrade
|
| Total Revenue | 3,010 | 2,980 | 2,874 | 2,735 | 2,464 | 2,572 | Upgrade
|
| Revenue Growth (YoY | 3.81% | 3.69% | 5.07% | 11.01% | -4.19% | -4.78% | Upgrade
|
| Property Expenses | 1,107 | 1,095 | 1,046 | 982.58 | 948.79 | 916.39 | Upgrade
|
| Selling, General & Administrative | 64.19 | 61.65 | 60.72 | 58.71 | 56.51 | 48.31 | Upgrade
|
| Depreciation & Amortization | 983.24 | 952.19 | 888.71 | 882.17 | 838.27 | 820.83 | Upgrade
|
| Total Operating Expenses | 2,155 | 2,108 | 1,996 | 1,923 | 1,844 | 1,786 | Upgrade
|
| Operating Income | 855.58 | 871.7 | 878.05 | 811.72 | 620.43 | 786.18 | Upgrade
|
| Interest Expense | -298.7 | -293.57 | -278.5 | -291.65 | -281.21 | -374.01 | Upgrade
|
| Interest & Investment Income | 11.91 | 12.44 | 7.38 | 0.13 | 2.23 | 5.94 | Upgrade
|
| Income (Loss) on Equity Investments | -13.69 | -8.97 | -5.38 | -5.03 | -3.4 | -3.28 | Upgrade
|
| Other Non-Operating Income | -46.47 | -74.05 | -29.42 | -13.66 | -19.28 | -17.51 | Upgrade
|
| EBT Excluding Unusual Items | 508.63 | 507.55 | 572.13 | 501.51 | 318.78 | 397.31 | Upgrade
|
| Gain (Loss) on Sale of Investments | 10.79 | 17.89 | 14.97 | 2.06 | 23.43 | - | Upgrade
|
| Gain (Loss) on Sale of Assets | 512.7 | 546.8 | 282.54 | 304.33 | 1,072 | 566.04 | Upgrade
|
| Asset Writedown | - | - | - | - | -16.77 | - | Upgrade
|
| Pretax Income | 1,032 | 1,072 | 869.64 | 807.9 | 1,398 | 963.35 | Upgrade
|
| Income Tax Expense | 1.37 | 1.26 | 1.15 | 0.9 | 0.92 | 0.85 | Upgrade
|
| Earnings From Continuing Operations | 1,031 | 1,071 | 868.49 | 807 | 1,397 | 962.5 | Upgrade
|
| Net Income to Company | 1,031 | 1,071 | 868.49 | 807 | 1,397 | 962.5 | Upgrade
|
| Minority Interest in Earnings | -34.11 | -35.14 | -33.05 | -30.08 | -63.86 | -48.87 | Upgrade
|
| Net Income | 996.64 | 1,036 | 835.44 | 776.91 | 1,333 | 913.64 | Upgrade
|
| Preferred Dividends & Other Adjustments | 1.42 | 3.06 | 3.09 | 3.09 | 3.09 | 3.09 | Upgrade
|
| Net Income to Common | 995.21 | 1,033 | 832.35 | 773.82 | 1,330 | 910.55 | Upgrade
|
| Net Income Growth | 8.43% | 23.99% | 7.53% | -41.71% | 45.88% | -5.85% | Upgrade
|
| Basic Shares Outstanding | 379 | 379 | 379 | 376 | 374 | 372 | Upgrade
|
| Diluted Shares Outstanding | 391 | 391 | 391 | 389 | 388 | 386 | Upgrade
|
| Shares Change (YoY) | 0.01% | -0.04% | 0.37% | 0.35% | 0.57% | -0.12% | Upgrade
|
| EPS (Basic) | 2.63 | 2.73 | 2.20 | 2.06 | 3.56 | 2.45 | Upgrade
|
| EPS (Diluted) | 2.62 | 2.72 | 2.20 | 2.05 | 3.54 | 2.45 | Upgrade
|
| EPS Growth | 8.50% | 23.65% | 6.96% | -42.04% | 44.81% | -5.75% | Upgrade
|
| Dividend Per Share | 2.717 | 2.700 | 2.650 | 2.500 | 2.410 | 2.410 | Upgrade
|
| Dividend Growth | 2.07% | 1.89% | 6.00% | 3.73% | - | 6.17% | Upgrade
|
| Operating Margin | 28.42% | 29.25% | 30.55% | 29.68% | 25.18% | 30.57% | Upgrade
|
| Profit Margin | 33.06% | 34.66% | 28.96% | 28.29% | 53.97% | 35.41% | Upgrade
|
| EBITDA | 1,841 | 1,826 | 1,769 | 1,695 | 1,459 | 1,607 | Upgrade
|
| EBITDA Margin | 61.15% | 61.27% | 61.54% | 61.98% | 59.19% | 62.49% | Upgrade
|
| D&A For Ebitda | 985.19 | 954.14 | 890.49 | 883.56 | 838.12 | 820.76 | Upgrade
|
| EBIT | 855.58 | 871.7 | 878.05 | 811.72 | 620.43 | 786.18 | Upgrade
|
| EBIT Margin | 28.42% | 29.25% | 30.55% | 29.68% | 25.18% | 30.57% | Upgrade
|
| Funds From Operations (FFO) | 1,500 | 1,470 | 1,464 | 1,374 | 1,151 | 1,238 | Upgrade
|
| FFO Per Share | 3.84 | 3.76 | 3.75 | - | - | - | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 1,470 | 1,464 | 1,374 | 1,151 | 1,238 | Upgrade
|
| AFFO Per Share | - | 3.76 | 3.75 | - | - | - | Upgrade
|
| FFO Payout Ratio | 68.26% | 69.34% | 67.63% | 67.82% | 78.26% | 71.39% | Upgrade
|
| Effective Tax Rate | 0.13% | 0.12% | 0.13% | 0.11% | 0.07% | 0.09% | Upgrade
|
Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.