KPIs & Operating Metrics(New)
Growth Metrics

Equity Residential (EQR) Construction in Progress (2009 - 2025)

Equity Residential's quarterly Construction in Progress came in at $100.6 million in Q4 2025, down 61.57% year-on-year from $261.7 million in Q4 2024, and down 38.38% quarter-over-quarter from $163.2 million in Q3 2025.

Equity Residential has reported Construction in Progress for 17 years, with the latest figure at $100.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Construction in Progress fell 61.57% year-over-year to $100.6 million; the trailing twelve-month figure through Dec 2025 stood at $100.6 million (down 61.57% YoY), and the FY2025 full-year result was $100.6 million, down 61.57% from the prior year.
  • Construction in Progress for Q4 2025 stood at $100.6 million, down from $163.2 million in the prior quarter.
  • The five-year high for Construction in Progress was $476.0 million in Q1 2021, with the low at $24.3 million in Q4 2021.
  • Average Construction in Progress over 5 years is $153.4 million, with a median of $138.5 million recorded in 2023.
  • Year-over-year, Construction in Progress plunged 94.09% in 2021 and surged 364.64% in 2022.
  • Tracing EQR's Construction in Progress over 5 years: stood at $24.3 million in 2021, then surged by 364.64% to $112.9 million in 2022, then plunged by 30.9% to $78.0 million in 2023, then surged by 235.37% to $261.7 million in 2024, then plunged by 61.57% to $100.6 million in 2025.
  • The last three Construction in Progress figures came in at $100.6 million (Q4 2025), $163.2 million (Q3 2025), and $168.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 1.58 Bn
2 Equity Residential 25.13 Bn 25.27 Bn - 100.56 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 5.74 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn -
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 426.76 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 91.74 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn -
9 Camden Property Trust 11.27 Bn 11.34 Bn - 457.99 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Dec 31, 2025 100.56 Mn
Sep 30, 2025 163.19 Mn
Jun 30, 2025 168.63 Mn
Mar 31, 2025 144.71 Mn
Dec 31, 2024 261.71 Mn
Sep 30, 2024 222.06 Mn
Jun 30, 2024 188.28 Mn
Mar 31, 2024 155.73 Mn
Dec 31, 2023 78.04 Mn
Sep 30, 2023 61.41 Mn
Jun 30, 2023 50.92 Mn
Mar 31, 2023 132.34 Mn
Dec 31, 2022 112.94 Mn
Sep 30, 2022 89.35 Mn
Jun 30, 2022 65.16 Mn
Mar 31, 2022 36.72 Mn
Dec 31, 2021 24.31 Mn
Sep 30, 2021 163.66 Mn
Jun 30, 2021 372.24 Mn
Mar 31, 2021 476.01 Mn
Dec 31, 2020 411.13 Mn
Sep 30, 2020 337.70 Mn
Jun 30, 2020 274.83 Mn
Mar 31, 2020 225.75 Mn
Dec 31, 2019 181.63 Mn
Sep 30, 2019 143.43 Mn
Jun 30, 2019 171.87 Mn
Mar 31, 2019 135.19 Mn
Dec 31, 2018 109.41 Mn
Sep 30, 2018 134.96 Mn
Jun 30, 2018 145.56 Mn
Mar 31, 2018 96.61 Mn
Dec 31, 2017 163.55 Mn
Sep 30, 2017 293.06 Mn
Jun 30, 2017 325.82 Mn
Mar 31, 2017 666.23 Mn
Dec 31, 2016 637.17 Mn
Sep 30, 2016 761.07 Mn
Jun 30, 2016 799.95 Mn
Mar 31, 2016 1.07 Bn
Dec 31, 2015 1.12 Bn
Sep 30, 2015 1.04 Bn
Jun 30, 2015 1.24 Bn
Mar 31, 2015 1.27 Bn
Dec 31, 2014 1.34 Bn
Sep 30, 2014 1.05 Bn
Jun 30, 2014 1.01 Bn
Mar 31, 2014 865.18 Mn
Dec 31, 2013 36.58 Mn
Sep 30, 2013 779.05 Mn
Jun 30, 2013 585.75 Mn
Mar 31, 2013 500.83 Mn
Dec 31, 2012 387.75 Mn
Sep 30, 2012 194.25 Mn
Jun 30, 2012 198.91 Mn
Mar 31, 2012 185.62 Mn
Dec 31, 2011 160.19 Mn
Sep 30, 2011 119.43 Mn
Jun 30, 2011 115.09 Mn
Mar 31, 2011 97.15 Mn
Dec 31, 2010 130.34 Mn
Sep 30, 2010 499.04 Mn
Dec 31, 2009 668.98 Mn