Erp Operating Ltd Partnership EQR
NYSE EQR
$63.66 +0.00 (+0.00%)
At close: Aug 19, 2026 · 4:00 PM EDT

Erp Operating Ltd Partnership (EQR) Capital Expenditures (2009 - 2025)

Equity Residential (EQR) posted quarterly Capital Expenditures of $23.7 million for Q4 2025, down 91.38% year-over-year from $274.5 million in Q4 2024, and down 77.04% quarter-over-quarter from $103.1 million in Q3 2025.

Erp Operating Ltd Partnership (EQR) Capital Expenditures (2009 - 2025) Analysis & Trends

Equity Residential's Capital Expenditures history runs 17 years deep, the most recent figure standing at $23.7 million for Q4 2025.

  • In Q4 2025, Capital Expenditures fell 91.38% year-over-year to $23.7 million; the TTM figure through Dec 2025 stood at $661.6 million (down 58.52% YoY), while the FY2025 annual figure was $661.6 million, down 58.52% from the prior year.
  • Capital Expenditures for Q4 2025 stood at $23.7 million, down from $103.1 million in the prior quarter.
  • The five-year high for Capital Expenditures was $1.3 billion in Q3 2024, with the low at $16.8 million in Q1 2023.
  • The 5-year median for Capital Expenditures is $125.4 million (2022), against an average of $275.4 million.
  • Peak annual rise in Capital Expenditures reached 1225.45% in 2025, while the deepest fall reached 91.8% in 2025.
  • Equity Residential's Capital Expenditures stood at $689.9 million in 2021, then slumped by 83.61% to $113.0 million in 2022, then grew by 21.92% to $137.8 million in 2023, then jumped by 99.18% to $274.5 million in 2024, then tumbled by 91.38% to $23.7 million in 2025.
  • Business Quant data shows EQR's Capital Expenditures at $23.7 million in Q4 2025, $103.1 million in Q3 2025, and $503.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Avalonbay Communities 26.11 Bn 26.32 Bn - 314.08 Mn
2 Erp Operating Ltd Partnership 23.87 Bn 24.06 Bn - -
3 Invitation Homes 17.95 Bn 17.95 Bn 705.34 Mn 62.39 Mn
4 Mid America Apartment Communities 15.37 Bn 15.25 Bn 537.17 Mn -
5 Sun Communities 14.95 Bn 14.95 Bn 460.10 Mn 66.00 Mn
6 Equity Lifestyle Properties 12.69 Bn 12.69 Bn 375.97 Mn 64.17 Mn
7 American Homes 4 Rent 12.40 Bn 12.40 Bn - 857,000.00
8 Udr 12.18 Bn 12.18 Bn 412.43 Mn 60.72 Mn
9 Camden Property Trust 11.06 Bn 11.06 Bn - 352.46 Mn
10 Millrose Properties 5.09 Bn 5.09 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 29.86 Mn
Dec 31, 2025 29.86 Mn
Sep 30, 2025 22.24 Mn
Sep 30, 2025 22.24 Mn
Jun 30, 2025 28.74 Mn
Jun 30, 2025 28.74 Mn
Mar 31, 2025 30.97 Mn
Mar 31, 2025 30.97 Mn
Dec 31, 2024 39.10 Mn
Dec 31, 2024 39.10 Mn
Sep 30, 2024 35.47 Mn
Sep 30, 2024 35.47 Mn
Jun 30, 2024 54.42 Mn
Jun 30, 2024 54.42 Mn
Mar 31, 2024 837,000.00
Mar 31, 2024 837,000.00
Dec 31, 2023 264.32 Mn
Dec 31, 2023 264.32 Mn
Sep 30, 2023 -126.50 Mn
Sep 30, 2023 -126.50 Mn