KPIs & Operating Metrics(New)
Growth Metrics

Equity Residential (EQR) Capital Expenditures (2009 - 2025)

Equity Residential's quarterly Capital Expenditures came in at $579.6 million in Q4 2025, up 1382.31% year-on-year from $39.1 million in Q4 2024, and up 2506.3% quarter-over-quarter from $22.2 million in Q3 2025.

Equity Residential has reported Capital Expenditures for 17 years, with the latest figure at $579.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures rose 1382.31% year-over-year to $579.6 million; the trailing twelve-month figure through Dec 2025 stood at $661.6 million (up 409.62% YoY), and the FY2025 full-year result was $661.6 million, up 409.62% from the prior year.
  • Capital Expenditures for Q4 2025 stood at $579.6 million, up from $22.2 million in the prior quarter.
  • The five-year high for Capital Expenditures was $579.6 million in Q4 2025, with the low at -$126.5 million in Q3 2023.
  • Average Capital Expenditures over 5 years is $79.5 million, with a median of $35.8 million recorded in 2021.
  • Year-over-year, Capital Expenditures sank 111.02% in 2022 and soared 7241.8% in 2023.
  • Tracing EQR's Capital Expenditures over 5 years: stood at $33.6 million in 2021, then slumped by 111.02% to -$3.7 million in 2022, then soared by 7241.8% to $264.3 million in 2023, then plunged by 85.21% to $39.1 million in 2024, then jumped by 1382.31% to $579.6 million in 2025.
  • The last three Capital Expenditures figures came in at $579.6 million (Q4 2025), $22.2 million (Q3 2025), and $28.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 59.45 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - 579.64 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 57.05 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 107.00 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 103.08 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 33.66 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 43.46 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 45.29 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 94.02 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Dec 31, 2025 579.64 Mn
Dec 31, 2025 579.64 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 27.21 Mn
Sep 30, 2024 27.21 Mn
Jun 30, 2024 38.02 Mn
Jun 30, 2024 38.02 Mn
Mar 31, 2024 25.49 Mn
Mar 31, 2024 25.49 Mn
Dec 31, 2023 264.32 Mn
Dec 31, 2023 264.32 Mn
Sep 30, 2023 -126.50 Mn
Sep 30, 2023 -126.50 Mn
Jun 30, 2023 169.89 Mn
Jun 30, 2023 169.89 Mn
Mar 31, 2023 16.79 Mn
Mar 31, 2023 16.79 Mn
Dec 31, 2022 -3.70 Mn
Dec 31, 2022 -3.70 Mn
Mar 31, 2022 113.05 Mn
Mar 31, 2022 113.05 Mn
Dec 31, 2021 33.57 Mn
Dec 31, 2021 33.57 Mn
Sep 30, 2021 47.69 Mn
Sep 30, 2021 47.69 Mn
Jun 30, 2021 60.56 Mn
Jun 30, 2021 60.56 Mn
Mar 31, 2021 64.60 Mn
Mar 31, 2021 64.60 Mn
Dec 31, 2020 72.55 Mn
Dec 31, 2020 72.55 Mn
Sep 30, 2020 62.56 Mn
Sep 30, 2020 62.56 Mn
Jun 30, 2020 43.01 Mn
Jun 30, 2020 43.01 Mn
Mar 31, 2020 52.20 Mn
Mar 31, 2020 52.20 Mn
Dec 31, 2019 371.64 Mn
Dec 31, 2019 371.64 Mn
Sep 30, 2019 494.10 Mn
Sep 30, 2019 494.10 Mn
Jun 30, 2019 607.81 Mn
Jun 30, 2019 607.81 Mn
Mar 31, 2019 45.33 Mn
Mar 31, 2019 45.33 Mn
Dec 31, 2018 606.52 Mn
Dec 31, 2018 606.52 Mn
Sep 30, 2018 -98.97 Mn
Sep 30, 2018 -98.97 Mn
Jun 30, 2018 159.73 Mn
Jun 30, 2018 159.73 Mn
Mar 31, 2018 40.81 Mn
Mar 31, 2018 40.81 Mn
Dec 31, 2017 465.62 Mn
Dec 31, 2017 465.62 Mn
Sep 30, 2017 -88.52 Mn
Sep 30, 2017 -88.52 Mn
Jun 30, 2017 -13.99 Mn
Jun 30, 2017 -13.99 Mn
Mar 31, 2017 103.29 Mn
Mar 31, 2017 103.29 Mn
Dec 31, 2016 47.63 Mn
Dec 31, 2016 47.63 Mn
Sep 30, 2016 50.10 Mn
Sep 30, 2016 50.10 Mn
Jun 30, 2016 73.25 Mn
Jun 30, 2016 73.25 Mn
Mar 31, 2016 1.21 Mn
Mar 31, 2016 1.21 Mn
Dec 31, 2015 171.76 Mn
Dec 31, 2015 171.76 Mn
Sep 30, 2015 77.61 Mn
Sep 30, 2015 77.61 Mn
Jun 30, 2015 43.79 Mn
Jun 30, 2015 43.79 Mn
Mar 31, 2015 38.17 Mn
Mar 31, 2015 38.17 Mn
Dec 31, 2014 -218.70 Mn
Dec 31, 2014 -218.70 Mn
Sep 30, 2014 159.00 Mn
Sep 30, 2014 159.00 Mn
Jun 30, 2014 97.12 Mn
Jun 30, 2014 97.12 Mn
Mar 31, 2014 148.54 Mn
Mar 31, 2014 148.54 Mn
Dec 31, 2013 11.44 Mn
Dec 31, 2013 11.44 Mn
Sep 30, 2013 -11.44 Mn
Sep 30, 2013 -11.44 Mn
Jun 30, 2013 43.08 Mn
Jun 30, 2013 43.08 Mn
Mar 31, 2013 65.23 Mn
Mar 31, 2013 65.23 Mn
Dec 31, 2012 -764.86 Mn
Dec 31, 2012 -764.86 Mn
Sep 30, 2012 244.08 Mn
Sep 30, 2012 244.08 Mn
Jun 30, 2012 484.90 Mn
Jun 30, 2012 484.90 Mn
Mar 31, 2012 35.88 Mn
Mar 31, 2012 35.88 Mn
Dec 31, 2011 -490.13 Mn
Dec 31, 2011 -490.13 Mn
Sep 30, 2011 569.72 Mn
Sep 30, 2011 569.72 Mn
Jun 30, 2011 -59.01 Mn
Jun 30, 2011 -59.01 Mn
Mar 31, 2011 123.87 Mn
Mar 31, 2011 123.87 Mn
Dec 31, 2010 -969.81 Mn
Dec 31, 2010 -969.81 Mn
Sep 30, 2010 1.05 Bn
Sep 30, 2010 1.05 Bn
Jun 30, 2010 33.49 Mn
Jun 30, 2010 33.49 Mn
Mar 31, 2010 25.69 Mn
Mar 31, 2010 25.69 Mn
Dec 31, 2009 -92.68 Mn
Dec 31, 2009 -92.68 Mn
Sep 30, 2009 70.85 Mn
Sep 30, 2009 70.85 Mn
Jun 30, 2009 196.65 Mn
Jun 30, 2009 196.65 Mn
Mar 31, 2009 712,000.00
Mar 31, 2009 712,000.00