Equity Residential EQR SPX
Real Estate · REIT - Residential · United States
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,190 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. Equity Residential was incorporated in 1993 and is based in Chicago, United States.
READ MORE ›$65.45
-2.50% 1Y
Market & Price
Market Cap
$25.29B
Current Price
$65.45
High / Low (52W)
$67.16 / $57.29
Beta
0.77
Valuation
Stock P/E
26.18
Industry PE
26.58
Forward P/E
40.88
PEG Ratio
16.10
Book Value
$28.43
Price to Book
2.30
P/S
8.12
EV/EBITDA
17.70
Dividend Yield
4.29%
Profitability & Returns
ROCE
7.51%
ROE
8.67%
ROA
2.71%
Profit Margin
30.63%
Op Margin
27.40%
EPS (Latest Qtr)
$0.24
EPS (TTM)
$2.50
Balance Sheet & Liquidity
Debt/Equity
0.78
Quick Ratio
0.03
Current Ratio
0.12
Debt
$8.64B
Total Assets
$20.75B
Current Assets
$158.85M
Working Capital
$-878.33M
Ownership
Promoter Holding
0.59%
Chg in Prom Hold
-
FII / Inst Holding
99.10%
Chg in FII Hold
0.00%
Financial Snapshot
Enterprise Value
$33.50B
Total Revenue (TTM)
$3.11B
EBITDA
$1.89B
Free Cash Flow
$1.42B
Operating Cash Flow
$1.62B
Shares Outstanding
374.71M
Gross Margin
62.78%
Payout Ratio
111.18%
Growth (CAGR)
Revenue 5Y
4.19%
Profit 5Y
12.97%
Revenue (YoY)
2.50%
Earnings (YoY)
-64.60%
PROS
- Excellent profit margin of 30.6%.
- Profit CAGR of 13.0% over 5 years.
- Attractive dividend yield of 4.29%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | EQR Equity Residential SPX | 65.45 | 26.18 | $25.29B | 4.29% | 7.51% | 8.67% | 4.19% | 12.97% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 9 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 633.44M | 652.57M | 664.08M | 666.37M | 679.11M | 696.29M | 619.08M | 595.15M | 606.07M | 604.10M | 612.48M | 624.12M | 633.02M | 639.81M | 652.87M | 662.49M | 669.52M | 685.14M | 682.33M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 760.81M | 768.83M | 782.41M | 781.91M | 779.85M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 291.54M | 283.39M | 286.54M | 287.05M | 301.82M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 469.27M | 485.44M | 495.87M | 494.86M | 478.02M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 275.00M | 259.42M | 269.32M | 271.94M | 264.36M |
| Operating Income | - | 199.26M | 228.31M | 243.27M | 218.33M | 246.25M | 257.59M | 216.62M | 206.02M | 209.37M | 204.37M | 210.55M | 217.79M | 339.08M | 217.60M | 339.40M | 209.97M | 369.12M | 368.34M | 422.08M | 356.89M | 182.41M | 135.56M | 376.84M | 521.55M | 149.74M | 309.93M | 414.01M | 297.59M | 218.46M | 252.03M | - | - | - | - | 194.27M | 226.01M | 226.55M | 222.92M | 213.66M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 603.75M | 523.61M | 639.21M | 735.99M | 423.62M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 72.11M | 75.32M | 80.14M | 79.23M | 77.37M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 271.70M | 204.20M | 301.25M | 395.39M | 95.56M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 422.00K | 407.00K | 395.00K | 361.00K | 422.00K |
| Net Income | - | 79.14M | 112.69M | 221.74M | 182.52M | 286.42M | 196.69M | 3.59B | 218.84M | 208.32M | 143.74M | 196.04M | 138.23M | 211.81M | 113.60M | 214.94M | 104.54M | 308.97M | 267.11M | 308.61M | 260.89M | 91.29M | 57.54M | 316.39M | 431.95M | 70.77M | 224.10M | 323.02M | 212.03M | 139.20M | 172.51M | 295.79M | 177.48M | 143.45M | - | 256.59M | 192.36M | 289.05M | 382.09M | 90.08M |
| Diluted EPS | 0.30 | 0.22 | 0.31 | 0.61 | 0.49 | 0.78 | 0.53 | 9.76 | 0.59 | 0.56 | 0.39 | 0.53 | 0.37 | 0.57 | 0.31 | 0.58 | 0.28 | 0.83 | 0.71 | 0.83 | 0.70 | 0.24 | 0.15 | 0.84 | 1.15 | 0.19 | 0.59 | 0.86 | 0.56 | 0.37 | 0.45 | 0.77 | 0.47 | 0.38 | - | 0.67 | 0.50 | 0.76 | 1.00 | 0.24 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.82B | 1.98B | 1.64B | 1.67B | 1.53B | 1.75B | 2.39B | 2.61B | 2.74B | 2.43B | 2.47B | 2.58B | 2.70B | - | - | 2.74B | 2.87B | 2.98B | 3.09B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 982.58M | 1.05B | 1.09B | 1.15B |
| Gross Profit | - | 1.12B | 1.10B | 1.18B | - | - | - | - | - | - | - | - | - | - | - | 1.75B | 1.83B | 1.89B | 1.95B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 940.88M | 949.42M | 1.01B | 1.08B |
| Operating Income | 495.43M | 423.87M | 432.64M | 348.21M | 406.51M | 514.09M | 512.32M | 921.64M | 1.01B | 856.09M | 1.00B | 1.11B | 1.36B | 1.32B | - | 811.72M | 878.05M | 871.70M | 869.75M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.99B | 2.05B | 2.33B | 2.50B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 282.92M | 269.56M | 285.74M | 306.80M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 812.93M | 875.01M | 1.08B | 1.17B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 900.00K | 1.15M | 1.26M | 1.58M |
| Net Income | 980.19M | 407.62M | 362.27M | 283.61M | 893.59M | 841.72M | 1.83B | 631.31M | 870.12M | 4.29B | 603.45M | 657.53M | 970.38M | 913.64M | - | 776.91M | 835.44M | 1.04B | 1.12B |
| Diluted EPS | 3.40 | 1.46 | 1.27 | 0.95 | 2.98 | 2.71 | 5.16 | 1.73 | 2.36 | 11.68 | 1.63 | 1.77 | 2.60 | 2.45 | - | 2.05 | 2.20 | 2.72 | 2.94 |
Compounded Sales Growth
| 5 Years: | 4.19% |
| 1 Year: | 2.50% |
Compounded Profit Growth
| 5 Years: | 12.97% |
| 1 Year: | -64.60% |
Stock Price Performance
| 1 Year: | -2.50% |
| 6 Months: | +9.62% |
| 3 Months: | +4.80% |
| 1 Month: | +0.03% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 16.54B | 15.42B | 16.18B | 16.66B | 17.20B | 22.83B | 22.95B | 23.11B | 20.70B | 20.57B | 20.39B | 21.17B | 20.29B | - | 20.22B | 20.03B | 20.83B | 20.75B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 137.17M | 140.00M | 160.17M | 158.85M |
| Cash & Equivalents | 260.28M | 50.83M | 890.79M | 193.29M | 431.41M | 383.92M | 612.59M | 53.53M | 40.08M | 42.28M | 77.21M | 50.65M | 47.44M | 45.75M | 42.59M | - | 53.87M | 50.74M | 62.30M | 55.90M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | 11.20B | 9.98B | 10.59B | 10.38B | 9.28B | 11.63B | 11.74B | 11.85B | 9.80B | 9.73B | 9.62B | 10.16B | 9.18B | - | 8.52B | 8.46B | 9.25B | 9.34B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 536.91M | 821.46M | 980.70M | 1.04B |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | 9.07B | 8.91B | 9.13B | 8.13B | - | 7.30B | 6.98B | 7.58B | 7.59B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.73B | 7.70B | 8.43B | 8.48B |
| Total Equity | - | - | 4.91B | 5.05B | 5.09B | 5.67B | 7.29B | 10.51B | 10.37B | 10.47B | 10.23B | 10.24B | 10.17B | 10.32B | 10.53B | - | 11.17B | 11.09B | 11.04B | 11.04B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 378.43M | 379.29M | 379.48M | 377.81M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 793.23M | 755.25M | 670.81M | 726.04M | 800.47M | 1.05B | 868.92M | 1.32B | 1.36B | 1.21B | 1.27B | 1.36B | 1.46B | 1.27B | - | 1.45B | 1.53B | 1.57B | 1.65B |
| Investing Cash Flow | -200.75M | -344.03M | 105.23M | -639.46M | -197.21M | -261.15M | -6.98M | -644.67M | -695.81M | 5.90B | -594.30M | -376.83M | -771.82M | 663.59M | - | 107.79M | -409.50M | -1.18B | -321.36M |
| Financing Cash Flow | -801.93M | 428.74M | -1.47B | 151.54M | -650.75M | -556.33M | -1.42B | -692.86M | -666.17M | -7.05B | -789.82M | -963.91M | -684.47M | -1.95B | - | -1.79B | -1.12B | -376.95M | -1.33B |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -232.24M | -333.54M | -318.69M | -359.06M |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22B | 1.20B | 1.25B | 1.29B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -223.06M | 2.82M | 20.17M | -1.31M |
| Share Buybacks | 1.22B | 12.55M | 1.12M | 1.89M | 0 | 0 | 0 | 1.78M | 0 | 0 | - | - | - | - | - | - | 49.10M | 38.47M | 280.72M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | 56.6% | 67.3% | 70.4% | - | - | - | - | - | - | - | - | - | - | - | 64.1% | 63.6% | 63.3% | 62.9% |
| Operating Margin % | 27.2% | 21.5% | 26.4% | 20.8% | 26.7% | 29.4% | 21.5% | 35.2% | 36.8% | 35.3% | 40.6% | 43.2% | 50.2% | - | - | 29.7% | 30.6% | 29.3% | 28.1% |
| Net Margin % | 53.7% | 20.6% | 22.1% | 16.9% | 58.6% | 48.2% | 76.7% | 24.1% | 31.7% | 176.9% | 24.4% | 25.5% | 35.9% | - | - | 28.4% | 29.1% | 34.8% | 36.2% |
| ROE % | - | 8.3% | 7.2% | 5.6% | 15.8% | 11.5% | 17.4% | 6.1% | 8.3% | 42.0% | 5.9% | 6.5% | 9.4% | 8.7% | - | 7.0% | 7.5% | 9.4% | 10.1% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.1% | 4.6% | 4.4% | 4.4% |
Shareholding Pattern
Insiders
0.59%
Institutions
99.10%
Public Float
99.68%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.57% | 43.37M | $2.84B |
| 2 | Vanguard Portfolio Management LLC | 8.33% | 31.20M | $2.04B |
| 3 | State Street Corporation | 6.43% | 24.10M | $1.58B |
| 4 | Vanguard Capital Management LLC | 6.10% | 22.84M | $1.50B |
| 5 | Price (T.Rowe) Associates Inc | 4.88% | 18.27M | $1.20B |
| 6 | Apg Asset Management US Inc. | 2.90% | 10.86M | $710.56M |
| 7 | Geode Capital Management, LLC | 2.82% | 10.56M | $690.95M |
| 8 | First Eagle Investment Management, LLC | 2.53% | 9.47M | $619.79M |
| 9 | FMR, LLC | 1.80% | 6.73M | $440.63M |
| 10 | Cohen & Steers Inc. | 1.72% | 6.45M | $422.25M |
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