Equity Financial Statements From 2010 to 2026

EQR Stock  USD 63.11  1.34  2.17%   
Equity Residential's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Equity Residential's valuation are provided below:
Gross Profit
1.9 B
Profit Margin
0.3758
Market Capitalization
24.3 B
Enterprise Value Revenue
10.6096
Revenue
3.1 B
There are over one hundred nineteen available fundamental signals for Equity Residential, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Equity Residential's prevailing fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/06/2026, Market Cap is likely to grow to about 25.7 B. Also, Enterprise Value is likely to grow to about 6.1 B

Equity Residential Total Revenue

2.13 Billion

Check Equity Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equity Residential's main balance sheet or income statement drivers, such as Depreciation And Amortization of 628 M, Interest Expense of 419.6 M or Selling General Administrative of 46.5 M, as well as many indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 0.0623 or PTB Ratio of 1.6. Equity financial statements analysis is a perfect complement when working with Equity Residential Valuation or Volatility modules.
  
Build AI portfolio with Equity Stock
Check out the analysis of Equity Residential Correlation against competitors.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

Equity Residential Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.5 B24 B19.4 B
Slightly volatile
Short and Long Term Debt Total7.9 B9.7 B8.6 B
Pretty Stable
Total Stockholder Equity7.4 B12.7 B9.4 B
Slightly volatile
Net Debt7.7 B9.6 B8.5 B
Pretty Stable
Non Current Assets Total16 B23.8 B19 B
Slightly volatile
Non Currrent Assets Other23.9 B22.8 B18.2 B
Slightly volatile
Other Assets15 M15.8 MB
Slightly volatile
Common Stock Shares Outstanding318.3 M449.4 M353.2 M
Slightly volatile
Liabilities And Stockholders Equity16.5 B24 B19.4 B
Slightly volatile
Non Current Liabilities Total7.9 B9.5 B8.6 B
Very volatile
Other Stockholder Equity6.5 B11.1 B8.1 B
Slightly volatile
Total Liabilities8.5 B10.6 B9.3 B
Pretty Stable
Property Plant And Equipment Net389.4 M409.9 M9.4 B
Slightly volatile
Total Current Liabilities925.9 M1.1 B719.9 M
Slightly volatile
Accounts Payable111.5 M89.4 M104.1 M
Very volatile
Cash53.3 M56.1 M114.3 M
Slightly volatile
Cash And Short Term Investments53.3 M56.1 M114.3 M
Slightly volatile
Net Receivables10.3 M17.8 M24.7 M
Slightly volatile
Common Stock Total Equity3.1 M4.4 M3.5 M
Slightly volatile
Property Plant And Equipment Gross389.4 M409.9 M2.4 B
Slightly volatile
Total Current Assets322.6 M184.2 M366 M
Slightly volatile
Common Stock3.2 M4.4 M3.5 M
Slightly volatile
Short Term Debt464.8 M489.3 M341.5 M
Slightly volatile
Other Liabilities529.8 M432.3 M453.2 M
Pretty Stable
Long Term Debt8.3 B8.7 B7.9 B
Pretty Stable
Short Term Investments336.9 M320.9 M117.6 M
Slightly volatile
Preferred Stock Total Equity31.9 M33.6 M116 M
Slightly volatile
Property Plant Equipment16.4 B23 B17.1 B
Slightly volatile
Net Tangible Assets10.8 B13.2 B10.3 B
Slightly volatile
Warrants334.7 M286.4 M392.7 M
Slightly volatile
Long Term Debt Total6.5 B6.9 B7.9 B
Pretty Stable
Capital Surpluse9.4 B11.1 B8.6 B
Slightly volatile
Long Term Investments287.7 M444.5 M273.9 M
Very volatile
Non Current Liabilities Other627.2 M444.1 M566.1 M
Pretty Stable
Short and Long Term Debt894.1 M489.3 M807.8 M
Very volatile
Cash And Equivalents67.8 M71.6 M68.1 M
Pretty Stable
Net Invested Capital15.1 B17.2 B18.7 B
Slightly volatile
Capital Stock30.5 M18.9 M37.9 M
Slightly volatile
Capital Lease Obligations253.1 M274.4 M318.1 M
Slightly volatile
Current Deferred Revenue52.6 M59.1 M64.6 M
Slightly volatile

Equity Residential Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization628 M1.1 B769.6 M
Slightly volatile
Interest Expense419.6 M328.6 M371.2 M
Pretty Stable
Selling General Administrative46.5 M70.9 M52.6 M
Slightly volatile
Total Revenue2.1 B3.4 B2.4 B
Slightly volatile
Gross Profit1.3 B2.2 B1.5 B
Slightly volatile
Other Operating Expenses1.3 B1.3 B1.2 B
Very volatile
Operating Income2.2 B2.1 B1.2 B
Slightly volatile
EBITDA1.5 B2.1 B1.4 B
Slightly volatile
Net Income824.1 M1.2 B1.1 B
Very volatile
Cost Of Revenue784.1 M985.1 M923.2 M
Pretty Stable
Net Income Applicable To Common Shares799.1 M1.2 B1.1 B
Very volatile
Extraordinary Items425.8 K448.2 K204.5 M
Slightly volatile
Discontinued Operations442.9 K466.2 K224.6 M
Slightly volatile
Non Recurring9.1 M15.1 M10.7 M
Pretty Stable
Preferred Stock And Other Adjustments3.9 M2.8 M4.9 M
Slightly volatile
Interest Income25.9 M27.3 M187.7 M
Slightly volatile
Reconciled Depreciation932.4 M1.1 B825.4 M
Slightly volatile

Equity Residential Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.5 B1.4 BB
Slightly volatile
Begin Period Cash Flow174.3 M161 M201.3 M
Slightly volatile
Depreciation636.8 M1.1 B776.5 M
Slightly volatile
Dividends Paid777.3 M1.2 BB
Pretty Stable
Capital Expenditures464.4 M286.8 M217.5 M
Slightly volatile
Total Cash From Operating Activities974.9 M1.8 B1.2 B
Slightly volatile
End Period Cash Flow175.7 M184.2 M180.6 M
Pretty Stable
Stock Based Compensation27.9 M36 M28 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.338.218.9172
Very volatile
Dividend Yield0.06230.04320.0441
Very volatile
PTB Ratio1.62.222.4105
Slightly volatile
Days Sales Outstanding0.07810.08220.1334
Slightly volatile
Book Value Per Share19.627.5227.5263
Slightly volatile
Free Cash Flow Yield0.04360.04160.0449
Very volatile
Operating Cash Flow Per Share2.393.743.3099
Slightly volatile
Stock Based Compensation To Revenue0.01210.01050.0114
Slightly volatile
Capex To Depreciation0.360.380.2555
Slightly volatile
PB Ratio1.62.222.4105
Slightly volatile
EV To Sales8.2210.7412.3767
Pretty Stable
Free Cash Flow Per Share3.132.982.8319
Slightly volatile
ROIC0.09760.10.1334
Slightly volatile
Inventory Turnover0.330.370.4074
Slightly volatile
Net Income Per Share1.912.462.9728
Very volatile
Days Of Inventory On Hand704792864
Slightly volatile
Payables Turnover8.219.9210.3192
Pretty Stable
Sales General And Administrative To Revenue0.02410.02380.0228
Slightly volatile
Capex To Revenue0.120.10690.0821
Slightly volatile
Cash Per Share0.180.190.429
Slightly volatile
POCF Ratio11.9515.5518.4606
Slightly volatile
Interest Coverage6.577.347.8695
Slightly volatile
Payout Ratio1.181.130.9479
Slightly volatile
Capex To Operating Cash Flow0.220.230.161
Slightly volatile
PFCF Ratio23.6624.9122.7807
Very volatile
Days Payables Outstanding36.1938.147.3084
Slightly volatile
ROE0.080.08440.1107
Pretty Stable
EV To Operating Cash Flow18.7820.3325.8991
Slightly volatile
PE Ratio19.0623.6228.6558
Slightly volatile
Return On Tangible Assets0.03620.04470.0525
Very volatile
EV To Free Cash Flow30.9532.5731.6026
Slightly volatile
Earnings Yield0.06050.04380.0489
Very volatile
Intangibles To Total Assets0.00350.00240.0024
Pretty Stable
Net Debt To EBITDA5.264.096.2689
Slightly volatile
Current Ratio0.180.190.653
Slightly volatile
Tangible Book Value Per Share19.5827.5227.5251
Slightly volatile
Receivables Turnover4.8 K4.6 K4.8 K
Slightly volatile
Graham Number26.838.1239.6637
Very volatile
Shareholders Equity Per Share18.0426.2425.7036
Slightly volatile
Debt To Equity1.30.881.0206
Slightly volatile
Capex Per Share0.920.970.588
Slightly volatile
Revenue Per Share5.397.086.7256
Slightly volatile
Interest Debt Per Share20.2620.724.1379
Slightly volatile
Debt To Assets0.540.470.4567
Slightly volatile
Enterprise Value Over EBITDA15.0617.422.0047
Slightly volatile
Short Term Coverage Ratios4.892.67.8244
Pretty Stable
Price Earnings Ratio19.0623.6228.6558
Slightly volatile
Operating Cycle831792820
Slightly volatile
Price Book Value Ratio1.62.222.4105
Slightly volatile
Days Of Payables Outstanding36.1938.147.3084
Slightly volatile
Dividend Payout Ratio1.181.130.9479
Slightly volatile
Price To Operating Cash Flows Ratio11.9515.5518.4606
Slightly volatile
Price To Free Cash Flows Ratio23.6624.9122.7807
Very volatile
Operating Profit Margin0.520.70.5359
Very volatile
Company Equity Multiplier2.612.172.2228
Slightly volatile
Long Term Debt To Capitalization0.560.470.4829
Slightly volatile
Total Debt To Capitalization0.580.50.4968
Slightly volatile
Return On Capital Employed0.07710.110.079
Very volatile
Debt Equity Ratio1.30.881.0206
Slightly volatile
Ebit Per Revenue0.520.70.5359
Very volatile
Quick Ratio0.180.190.5054
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.21.351.4508
Slightly volatile
Cash Ratio0.06940.07310.3106
Slightly volatile
Operating Cash Flow Sales Ratio0.350.480.4763
Slightly volatile
Days Of Inventory Outstanding704792864
Slightly volatile
Days Of Sales Outstanding0.07810.08220.1334
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.750.720.8343
Slightly volatile
Cash Flow Coverage Ratios0.10.170.1382
Slightly volatile
Price To Book Ratio1.62.222.4105
Slightly volatile
Fixed Asset Turnover6.185.892.7955
Slightly volatile
Capital Expenditure Coverage Ratio6.184.449.1441
Slightly volatile
Price Cash Flow Ratio11.9515.5518.4606
Slightly volatile
Enterprise Value Multiple15.0617.422.0047
Slightly volatile
Debt Ratio0.540.470.4567
Slightly volatile
Cash Flow To Debt Ratio0.10.170.1382
Slightly volatile
Price Sales Ratio5.338.218.9172
Very volatile
Return On Assets0.03610.04470.0525
Very volatile
Asset Turnover0.150.160.1316
Pretty Stable
Net Profit Margin0.280.310.4322
Pretty Stable
Gross Profit Margin0.460.570.6441
Slightly volatile
Price Fair Value1.62.222.4105
Slightly volatile
Return On Equity0.080.08440.1107
Pretty Stable

Equity Residential Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap25.7 B24.5 B25.4 B
Slightly volatile
Enterprise Value6.1 B5.8 B6.1 B
Slightly volatile

Equity Fundamental Market Drivers

Forward Price Earnings44.2478
Cash And Short Term Investments62.3 M

Equity Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Equity Residential Financial Statements

Equity Residential shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Equity Residential investors may analyze each financial statement separately, they are all interrelated. The changes in Equity Residential's assets and liabilities, for example, are also reflected in the revenues and expenses on on Equity Residential's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue59.1 M52.6 M
Total Revenue3.4 B2.1 B
Cost Of Revenue985.1 M784.1 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.11  0.12 
Revenue Per Share 7.08  5.39 
Ebit Per Revenue 0.70  0.52 

Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equity Stock

  0.91CPT Camden Property TrustPairCorr
  0.82CTO CTO Realty GrowthPairCorr
  0.89MAA Mid America ApartmentPairCorr
  0.86UDR UDR Inc Earnings Call This WeekPairCorr

Moving against Equity Stock

  0.78OPINL Office Properties IncomePairCorr
  0.46PSGTF PT Semen IndonesiaPairCorr
  0.37VLCN Volcon Inc Symbol ChangePairCorr
The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Equity Stock Analysis

When running Equity Residential's price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.