Equity Residential (EQR) EBITDA (2009 - 2025)
Equity Residential's quarterly EBITDA came in at $486.4 million in Q4 2025, down 14.78% year-on-year from $570.8 million in Q4 2024, and down 17.11% quarter-over-quarter from $586.8 million in Q3 2025.
Equity Residential has reported EBITDA for 17 years, with the latest figure at $486.4 million in Q4 2025.
- For the quarter ending Q4 2025, EBITDA fell 14.78% year-over-year to $486.4 million; the trailing twelve-month figure through Dec 2025 stood at $2.1 billion (up 5.49% YoY), and the FY2025 full-year result was $2.2 billion, up 6.45% from the prior year.
- EBITDA for Q4 2025 stood at $486.4 million, down from $586.8 million in the prior quarter.
- The five-year high for EBITDA was $864.1 million in Q4 2021, with the low at $335.5 million in Q1 2021.
- Average EBITDA over 5 years is $534.9 million, with a median of $523.6 million recorded in 2022.
- Year-over-year, EBITDA jumped 92.41% in 2021 and plunged 47.16% in 2022.
- Tracing EQR's EBITDA over 5 years: stood at $864.1 million in 2021, then sank by 47.16% to $456.6 million in 2022, then jumped by 35.62% to $619.3 million in 2023, then declined by 7.84% to $570.8 million in 2024, then retreated by 14.78% to $486.4 million in 2025.
- The last three EBITDA figures came in at $486.4 million (Q4 2025), $586.8 million (Q3 2025), and $449.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 632.59 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 486.41 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 233.41 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 6.80 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 331.31 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 391.07 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 109.99 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 44.73 Mn |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | 166.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 486.41 Mn |
| Sep 30, 2025 | 586.85 Mn |
| Jun 30, 2025 | 449.89 Mn |
| Mar 31, 2025 | 600.56 Mn |
| Dec 31, 2024 | 570.75 Mn |
| Sep 30, 2024 | 402.22 Mn |
| Jun 30, 2024 | 475.79 Mn |
| Mar 31, 2024 | 564.47 Mn |
| Dec 31, 2023 | 619.29 Mn |
| Sep 30, 2023 | 476.77 Mn |
| Jun 30, 2023 | 439.82 Mn |
| Mar 31, 2023 | 513.42 Mn |
| Dec 31, 2022 | 456.64 Mn |
| Sep 30, 2022 | 628.14 Mn |
| Jun 30, 2022 | 533.74 Mn |
| Mar 31, 2022 | 379.70 Mn |
| Dec 31, 2021 | 864.12 Mn |
| Sep 30, 2021 | 736.95 Mn |
| Jun 30, 2021 | 577.52 Mn |
| Mar 31, 2021 | 335.52 Mn |
| Dec 31, 2020 | 558.44 Mn |
| Sep 30, 2020 | 383.02 Mn |
| Jun 30, 2020 | 562.87 Mn |
| Mar 31, 2020 | 634.51 Mn |
| Dec 31, 2019 | 623.83 Mn |
| Sep 30, 2019 | 579.82 Mn |
| Jun 30, 2019 | 569.63 Mn |
| Mar 31, 2019 | 414.18 Mn |
| Dec 31, 2018 | 421.14 Mn |
| Sep 30, 2018 | 98.43 Mn |
| Jun 30, 2018 | 410.55 Mn |
| Mar 31, 2018 | 535.39 Mn |
| Dec 31, 2017 | 415.55 Mn |
| Sep 30, 2017 | 401.89 Mn |
| Jun 30, 2017 | 390.45 Mn |
| Mar 31, 2017 | 383.34 Mn |
| Dec 31, 2016 | 401.48 Mn |
| Sep 30, 2016 | 388.60 Mn |
| Jun 30, 2016 | 382.15 Mn |
| Mar 31, 2016 | 389.51 Mn |
| Dec 31, 2015 | 468.09 Mn |
| Sep 30, 2015 | 453.65 Mn |
| Jun 30, 2015 | 440.54 Mn |
| Mar 31, 2015 | 412.85 Mn |
| Dec 31, 2014 | 443.62 Mn |
| Sep 30, 2014 | 433.74 Mn |
| Jun 30, 2014 | 418.45 Mn |
| Mar 31, 2014 | 384.43 Mn |
| Dec 31, 2013 | 406.42 Mn |
| Sep 30, 2013 | 397.11 Mn |
| Jun 30, 2013 | 387.29 Mn |
| Mar 31, 2013 | 300.48 Mn |
| Dec 31, 2012 | 286.77 Mn |
| Sep 30, 2012 | 281.36 Mn |
| Jun 30, 2012 | 267.18 Mn |
| Mar 31, 2012 | 250.36 Mn |
| Dec 31, 2011 | 193.48 Mn |
| Sep 30, 2011 | 302.47 Mn |
| Jun 30, 2011 | 288.58 Mn |
| Mar 31, 2011 | 268.50 Mn |
| Dec 31, 2010 | 200.15 Mn |
| Sep 30, 2010 | 262.76 Mn |
| Jun 30, 2010 | 260.29 Mn |
| Mar 31, 2010 | 243.58 Mn |
| Dec 31, 2009 | 216.93 Mn |
| Sep 30, 2009 | 266.87 Mn |
| Jun 30, 2009 | 263.96 Mn |
| Mar 31, 2009 | 268.09 Mn |