Equity Residential (EQR) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Equity Residential (EQR) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

EQR

Market Closed

Equity Residential

NYSEReal Estate REIT - Residential

2.50K employees

CEO: Mark J. Parrell

Founded: 1993

$64.09

+$0.00(+NaN%)

Market Cap

24.01B

Beta

0.76

52W Range

N/A

Dividend Yield

4.34%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

46.3%

-23.8%

CAGR: -1.3%

Profit after direct costs

Operating Margin

36.3%

-38.2%

CAGR: -9.5%

Core business profitability

Net Margin

36.1%

8.1%

CAGR: -4.3%

Bottom line profitability

Revenue Growth

4.1%

YoY

CAGR: 5.9%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how EQR allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

46.3%

$1.44B

Operating Margin

36.3%

$1.13B

Net Margin

36.1%

$1.12B

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	2.46B	2.74B	2.87B	2.98B	3.10B	4.1%
Cost of Revenue	(948.79M)	(982.58M)	(1.05B)	(1.09B)	(1.66B)	52.1%
Gross Profit	1.52B	1.75B	1.83B	1.89B	1.44B	-23.8%
Operating Expenses
Research & Development	—	—	—	—	—	—
Selling, General & Administrative	(56.51M)	(58.71M)	(60.72M)	(61.65M)	(51.45M)	-16.5%
General & Administrative	—	—	—	(61.65M)	(51.45M)	-16.5%
Depreciation & Amortization	(838.27M)	(894.33M)	(901.50M)	(966.74M)	(1.01B)	4.8%
Operating Income (EBIT)	1.68B	1.69B	1.77B	1.82B	1.13B	-38.2%
Non-Operating Items
Interest Income	—	—	—	—	45.22M	—
Interest Expense	—	—	—	(285.74M)	(237.35M)	-16.9%
Other Income/Expenses (Net)	-278.21M	-885.99M	-897.12M	-751.66M	32.04M	-104.3%
Income Before Tax	1.40B	807.89M	869.64M	1.07B	1.16B	8.0%
Income Tax Expense	(915.00K)	(900.00K)	(1.15M)	(1.26M)	(6.58M)	424.0%
Net Income	1.33B	776.91M	835.44M	1.04B	1.12B	8.1%
Per Share Metrics
Earnings Per Share (Basic)	$4	$2	$2	$3	$3	8.8%
Weighted Avg Shares Outstanding	373.83M	376.21M	378.77M	378.80M	379.12M	0.1%
Weighted Avg Shares Outstanding (Diluted)	388.09M	389.45M	390.90M	390.74M	388.75M	-0.5%
EBITDA	1.46B	1.71B	1.78B	1.84B	2.34B	27.2%

Explore EQR

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

EQR in the Real Estate

Large Cap

Real Estate

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REIT - Residential

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