Equity Residential (EQR) EBIT (2009 - 2025)

Equity Residential (EQR) recorded quarterly EBIT of $228.3 million in Q4 2025, down 31.27% quarter-over-quarter from $332.2 million in Q3 2025, and down 25.54% on a YoY basis from $306.6 million in Q4 2024.

Equity Residential (EQR) EBIT (2009 - 2025) Analysis & Trends

Equity Residential's EBIT history runs 17 years deep, the most recent figure standing at $228.3 million for Q4 2025.

  • In Q4 2025, EBIT fell 25.54% year-over-year to $228.3 million; the TTM figure through Dec 2025 stood at $1.1 billion (up 4.93% YoY), while the FY2025 annual figure was $1.2 billion, up 6.73% from the prior year.
  • EBIT was $228.3 million for Q4 2025 at Equity Residential, down from $332.2 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $641.9 million in Q4 2021 to a low of $135.6 million in Q1 2021.
  • Historically, EBIT has averaged $306.3 million across 5 years, with a median of $302.1 million in 2023.
  • Biggest YoY gain for EBIT was 185.92% in 2021; the steepest drop was 67.88% in 2021.
  • A 5-year view of EBIT shows it stood at $641.9 million in 2021, then tumbled by 62.24% to $242.4 million in 2022, then jumped by 61.95% to $392.5 million in 2023, then slipped by 21.89% to $306.6 million in 2024, then retreated by 25.54% to $228.3 million in 2025.
  • The last three EBIT figures came in at $228.3 million (Q4 2025), $332.2 million (Q3 2025), and $209.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - 399.49 Mn
2 Equity Residential 24.35 Bn 24.48 Bn - 228.30 Mn
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 40.27 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 331.31 Mn
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 6.80 Mn
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 229.81 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 112.37 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn - 82.67 Mn
10 Millrose Properties 4.75 Bn 4.75 Bn - 166.08 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 228.30 Mn
Sep 30, 2025 332.19 Mn
Jun 30, 2025 209.00 Mn
Mar 31, 2025 343.81 Mn
Dec 31, 2024 306.60 Mn
Sep 30, 2024 164.27 Mn
Jun 30, 2024 251.39 Mn
Mar 31, 2024 338.77 Mn
Dec 31, 2023 392.50 Mn
Sep 30, 2023 252.04 Mn
Jun 30, 2023 218.46 Mn
Mar 31, 2023 297.59 Mn
Dec 31, 2022 242.36 Mn
Sep 30, 2022 414.01 Mn
Jun 30, 2022 309.93 Mn
Mar 31, 2022 149.74 Mn
Dec 31, 2021 641.88 Mn
Sep 30, 2021 521.55 Mn
Jun 30, 2021 376.84 Mn
Mar 31, 2021 135.56 Mn