Equity Residential (EQR) Capital Expenditures (2009 - 2025)
Equity Residential's (EQR) quarterly Capital Expenditures came in at $29.9 million in Q4 2025, down 23.65% year-on-year from $39.1 million in Q4 2024, and up 34.24% quarter-over-quarter from $22.2 million in Q3 2025.
Equity Residential (EQR) Capital Expenditures (2009 - 2025) Analysis & Trends
Equity Residential's Capital Expenditures history runs 17 years deep, the most recent figure standing at $29.9 million for Q4 2025.
- On a quarterly basis, Capital Expenditures fell 23.65% year-over-year to $29.9 million in Q4 2025; TTM through Dec 2025 was $111.8 million, a 13.88% decrease from a year earlier, with the FY2025 full-year figure at $111.8 million, down 13.88% from the prior year.
- Capital Expenditures advanced to $29.9 million in Q4 2025 per EQR's latest filing, from $22.2 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $264.3 million in Q4 2023 and bottomed at -$126.5 million in Q3 2023.
- The 5-year median for Capital Expenditures is $32.3 million (2021), against an average of $44.1 million.
- Across the five-year window, Capital Expenditures sank 306.0% in 2023 and soared 3600.24% in 2025, its largest moves.
- Year by year, Capital Expenditures stood at $33.6 million in 2021, then retreated by 18.22% to $27.5 million in 2022, then soared by 862.7% to $264.3 million in 2023, then tumbled by 85.21% to $39.1 million in 2024, then fell by 23.65% to $29.9 million in 2025.
- Per Business Quant, the three latest EQR Capital Expenditures figures stand at $29.9 million (Q4 2025), $22.2 million (Q3 2025), and $28.7 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 336.82 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 29.86 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 71.55 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 103.08 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 107.00 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 28.51 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 45.29 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | - |
| 10 | Millrose Properties | 4.76 Bn | 4.76 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |