Equity Residential Financials

EQR Stock  USD 76.41  0.62  0.82%   
Based on the analysis of Equity Residential's profitability, liquidity, and operating efficiency, Equity Residential is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Equity Residential's Accumulated Other Comprehensive Income is relatively stable compared to the past year. As of 11/26/2024, Short Term Debt is likely to grow to about 990.3 M, while Total Stockholder Equity is likely to drop slightly above 7.2 B. Key indicators impacting Equity Residential's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.280.2907
Sufficiently Down
Very volatile
Return On Assets0.0360.0417
Fairly Down
Very volatile
Return On Equity0.080.0754
Notably Up
Pretty Stable
Debt Equity Ratio1.290.6667
Way Up
Slightly volatile
Operating Income673.3 M1.2 B
Way Down
Slightly volatile
Current Ratio0.160.167
Sufficiently Down
Slightly volatile
Investors should never underestimate Equity Residential's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Equity Residential's cash flow, debt, and profitability to make informed and accurate decisions about investing in Equity Residential.

Cash And Equivalents

69.35 Million

  
Understanding current and past Equity Residential Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Equity Residential's financial statements are interrelated, with each one affecting the others. For example, an increase in Equity Residential's assets may result in an increase in income on the income statement.

Equity Residential Stock Summary

Equity Residential competes with Essex Property, Mid America, Camden Property, UDR, and AvalonBay Communities. Equity Residential is committed to creating communities where people thrive. 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. Equity Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.
Foreign Associates
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS29476L1070
CUSIP29476L107
LocationIllinois; U.S.A
Business AddressTwo North Riverside
SectorResidential REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.equityapartments.com
Phone312 474 1300
CurrencyUSD - US Dollar

Equity Residential Key Financial Ratios

Equity Residential Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.2B20.3B21.2B20.2B20.0B16.2B
Net Debt9.3B8.3B8.5B7.7B7.7B7.7B
Retained Earnings1.4B1.4B1.8B1.7B1.4B1.5B
Total Liab10.2B9.2B9.5B8.5B8.5B8.4B
Other Current Liab285.2M298.2M303.0M310.9M(176.6M)(185.5M)
Accounts Payable94.4M107.4M107.0M96.0M104.4M116.1M
Cash45.8M42.6M123.8M53.9M50.7M48.2M
Other Assets330.6M20.2B19.9B18.9B19.4B20.4B
Total Current Assets117.0M99.7M360.2M137.2M140.0M133.0M
Common Stock3.7M3.7M3.8M3.8M3.8M3.1M
Short Term Debt1.0B414.8M315.0M130.0M929.4M990.3M
Other Liab417.0M405.5M419.2M375.9M432.3M529.8M
Long Term Debt8.0B7.6B8.0B7.4B7.0B8.3B
Other Current Assets(77.2M)(83.9M)(150.0M)83.3M89.3M84.8M
Net Tangible Assets10.7B10.8B10.9B11.5B13.2B10.8B
Warrants463.4M339.0M499.0M318.3M286.4M334.7M
Long Term Debt Total8.0B7.6B8.3B7.4B8.5B9.1B
Capital Surpluse9.0B9.1B9.1B9.5B10.9B9.2B

Equity Residential Key Income Statement Accounts

The reason investors look at the income statement is to determine what Equity Residential's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense390.1M365.1M272.5M282.9M266.7M446.5M
Total Revenue2.7B2.6B2.5B2.7B2.9B2.1B
Gross Profit1.8B1.7B1.5B1.8B2.2B1.6B
Operating Income881.9M765.7M618.1M791.5M1.2B673.3M
Ebit881.9M386.9M712.8M(190.8M)1.2B676.1M
Ebitda1.7B2.1B2.5B1.7B1.2B1.4B
Income Before Tax939.4M932.4M1.4B812.9M875.0M670.3M
Net Income970.4M913.6M1.3B776.9M835.4M812.8M
Income Tax Expense(2.3M)852K915K900K39.6M41.6M
Cost Of Revenue908.3M916.4M948.8M982.6M694.7M754.6M
Minority Interest36.0M34.0M(63.9M)(30.1M)(28.8M)(27.4M)
Tax Provision(2.3M)852K915K900K1.1M1.1M
Interest Income2.8M5.9M25.7M289.5M8.6M8.2M
Net Interest Income(398.9M)(368.1M)(255.5M)(289.5M)(267.4M)(280.8M)

Equity Residential Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash686K(17.3M)260.5M(223.1M)(3.1M)(3.0M)
Free Cash Flow1.3B1.1B1.1B1.2B1.2B1.3B
Depreciation842.8M832.4M851.4M894.3M901.5M622.3M
Other Non Cash Items23.2M16.0M14.0M(271.4M)(238.1M)(250.0M)
Dividends Paid834.2M887.0M903.6M934.1M993.2M750.7M
Capital Expenditures190.3M166.2M168.6M232.2M333.5M475.4M
Net Income1.0B962.5M1.4B807.0M835.4M745.0M
End Period Cash Flow117.0M99.7M360.2M137.2M50.7M48.2M
Investments68.4M(4.9M)(23.9M)(48.0M)(603.9M)(573.7M)
Net Borrowings925.4M(862.9M)449.7M(646.9M)(744.0M)(781.1M)
Change To Netincome(467.6M)(470.4M)(1.0B)(266.7M)(240.0M)(252.0M)

Equity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Equity Residential's current stock value. Our valuation model uses many indicators to compare Equity Residential value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equity Residential competition to find correlations between indicators driving Equity Residential's intrinsic value. More Info.
Equity Residential is rated # 5 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Equity Residential is roughly  3.06 . At this time, Equity Residential's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Equity Residential by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Equity Residential Systematic Risk

Equity Residential's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equity Residential volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Equity Residential correlated with the market. If Beta is less than 0 Equity Residential generally moves in the opposite direction as compared to the market. If Equity Residential Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equity Residential is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equity Residential is generally in the same direction as the market. If Beta > 1 Equity Residential moves generally in the same direction as, but more than the movement of the benchmark.

Equity Residential Thematic Clasifications

Equity Residential is part of several thematic ideas from FinTech to Millennials Best. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Equity Residential Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Equity Residential's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Equity Residential growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.28

At this time, Equity Residential's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Equity Residential November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Equity Residential help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equity Residential. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equity Residential based on widely used predictive technical indicators. In general, we focus on analyzing Equity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equity Residential's daily price indicators and compare them against related drivers.

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.