Equity Residential (EQR) EBIT (2009 - 2025)
Equity Residential's (EQR) quarterly EBIT came in at $667.2 million in Q4 2025, up 66.7% year-on-year from $400.3 million in Q4 2024, and up 74.95% quarter-over-quarter from $381.4 million in Q3 2025.
Equity Residential (EQR) EBIT (2009 - 2025) Analysis & Trends
Equity Residential's EBIT history runs 17 years deep, the most recent figure standing at $667.2 million for Q4 2025.
- On a quarterly basis, EBIT rose 66.7% year-over-year to $667.2 million in Q4 2025; TTM through Dec 2025 was $1.6 billion, a 28.6% increase from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 48.59% from the prior year.
- EBIT grew to $667.2 million in Q4 2025 per EQR's latest filing, from $381.4 million in the prior quarter.
- Across five years, EBIT topped out at $667.2 million in Q4 2025 and bottomed at $135.6 million in Q1 2021.
- The 5-year median for EBIT is $335.6 million (2022), against an average of $341.5 million.
- Biggest YoY gain for EBIT was 185.92% in 2021; the steepest drop was 67.88% in 2021.
- Year by year, EBIT stood at $641.9 million in 2021, then sank by 62.24% to $242.4 million in 2022, then jumped by 61.95% to $392.5 million in 2023, then gained by 1.98% to $400.3 million in 2024, then jumped by 66.7% to $667.2 million in 2025.
- Per Business Quant, the three latest EQR EBIT figures stand at $667.2 million (Q4 2025), $381.4 million (Q3 2025), and $209.0 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | 399.49 Mn |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 667.24 Mn |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 40.27 Mn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 331.31 Mn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 6.80 Mn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | 229.81 Mn |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 112.37 Mn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | - |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | 82.67 Mn |
| 10 | Millrose Properties | 4.70 Bn | 4.70 Bn | - | 166.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 667.24 Mn |
| Sep 30, 2025 | 381.39 Mn |
| Jun 30, 2025 | 209.00 Mn |
| Mar 31, 2025 | 361.24 Mn |
| Dec 31, 2024 | 400.26 Mn |
| Sep 30, 2024 | 223.02 Mn |
| Jun 30, 2024 | 251.39 Mn |
| Mar 31, 2024 | 384.18 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 |