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 26.48 Bn 26.48 Bn - 399.49 Mn
2 Equity Residential 25.80 Bn 25.80 Bn - 667.24 Mn
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 40.27 Mn
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 331.31 Mn
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 6.80 Mn
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 229.81 Mn
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 112.37 Mn
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - 82.67 Mn
10 Millrose Properties 4.76 Bn 4.76 Bn - 166.08 Mn

Historic Data

Download Data
DateValue
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