Equity Residential (EQR)
NYSE: EQR · Real-Time Price · USD
62.77
-0.34 (-0.54%)
Mar 6, 2026, 3:58 PM EST - Market open

Equity Residential Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
3,0942,9802,8742,7352,464
Upgrade
Total Revenue
3,0942,9802,8742,7352,464
Upgrade
Revenue Growth (YoY
3.82%3.69%5.07%11.01%-4.19%
Upgrade
Property Expenses
1,1491,0951,046982.58948.79
Upgrade
Selling, General & Administrative
65.2861.6560.7258.7156.51
Upgrade
Depreciation & Amortization
1,010952.19888.71882.17838.27
Upgrade
Total Operating Expenses
2,2242,1081,9961,9231,844
Upgrade
Operating Income
869.75871.7878.05811.72620.43
Upgrade
Interest Expense
-315.57-293.57-278.5-291.65-281.21
Upgrade
Interest & Investment Income
27.0912.447.380.132.23
Upgrade
Income (Loss) on Equity Investments
-18.92-8.97-5.38-5.03-3.4
Upgrade
Other Non-Operating Income
-60.49-74.05-29.42-13.66-19.28
Upgrade
EBT Excluding Unusual Items
501.88507.55572.13501.51318.78
Upgrade
Gain (Loss) on Sale of Investments
25.3517.8914.972.0623.43
Upgrade
Gain (Loss) on Sale of Assets
626.31546.8282.54304.331,072
Upgrade
Asset Writedown
-----16.77
Upgrade
Pretax Income
1,1541,072869.64807.91,398
Upgrade
Income Tax Expense
1.591.261.150.90.92
Upgrade
Earnings From Continuing Operations
1,1521,071868.498071,397
Upgrade
Net Income to Company
1,1521,071868.498071,397
Upgrade
Minority Interest in Earnings
-31.86-35.14-33.05-30.08-63.86
Upgrade
Net Income
1,1201,036835.44776.911,333
Upgrade
Preferred Dividends & Other Adjustments
1.423.063.093.093.09
Upgrade
Net Income to Common
1,1191,033832.35773.821,330
Upgrade
Net Income Growth
8.13%23.99%7.53%-41.71%45.88%
Upgrade
Basic Shares Outstanding
380379379376374
Upgrade
Diluted Shares Outstanding
390391391389388
Upgrade
Shares Change (YoY)
-0.08%-0.04%0.37%0.35%0.57%
Upgrade
EPS (Basic)
2.952.732.202.063.56
Upgrade
EPS (Diluted)
2.942.722.202.053.54
Upgrade
EPS Growth
8.04%23.65%6.96%-42.04%44.81%
Upgrade
Dividend Per Share
2.7702.7002.6502.5002.410
Upgrade
Dividend Growth
2.59%1.89%6.00%3.73%-
Upgrade
Operating Margin
28.11%29.25%30.55%29.68%25.18%
Upgrade
Profit Margin
36.16%34.66%28.96%28.29%53.97%
Upgrade
EBITDA
1,8821,8261,7691,6951,459
Upgrade
EBITDA Margin
60.83%61.27%61.54%61.98%59.19%
Upgrade
D&A For Ebitda
1,012954.14890.49883.56838.12
Upgrade
EBIT
869.75871.7878.05811.72620.43
Upgrade
EBIT Margin
28.11%29.25%30.55%29.68%25.18%
Upgrade
Funds From Operations (FFO)
1,5391,4701,4641,3741,151
Upgrade
FFO Per Share
3.943.76---
Upgrade
Adjusted Funds From Operations (AFFO)
1,5391,4701,4641,3741,151
Upgrade
AFFO Per Share
3.943.76---
Upgrade
FFO Payout Ratio
68.00%69.34%67.63%67.82%78.26%
Upgrade
Effective Tax Rate
0.14%0.12%0.13%0.11%0.07%
Upgrade
Source: S&P Capital IQ. Real Estate template. Financial Sources.