Equity Residential (EQR) Capital Expenditures (2009 - 2025)
Equity Residential (EQR) recorded quarterly Capital Expenditures of $579.6 million in Q4 2025, up 2506.3% quarter-over-quarter from $22.2 million in Q3 2025, and up 1382.31% on a YoY basis from $39.1 million in Q4 2024.
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 $579.6 million for Q4 2025.
- In Q4 2025, Capital Expenditures rose 1382.31% year-over-year to $579.6 million; the TTM figure through Dec 2025 stood at $661.6 million (up 409.62% YoY), while the FY2025 annual figure was $661.6 million, up 409.62% from the prior year.
- Capital Expenditures was $579.6 million for Q4 2025 at Equity Residential, up from $22.2 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $579.6 million in Q4 2025 to a low of -$126.5 million in Q3 2023.
- Historically, Capital Expenditures has averaged $79.5 million across 5 years, with a median of $35.8 million in 2021.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures sank 111.02% in 2022, then jumped 7241.8% in 2023.
- A 5-year view of Capital Expenditures shows it stood at $33.6 million in 2021, then tumbled by 111.02% to -$3.7 million in 2022, then surged by 7241.8% to $264.3 million in 2023, then sank by 85.21% to $39.1 million in 2024, then soared 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) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 59.45 Mn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 579.64 Mn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 57.05 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 103.08 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 107.00 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | 33.66 Mn |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 43.46 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 45.29 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 94.02 Mn |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |