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
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