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| Date | Value |
|---|---|
| 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 |