KPIs & Operating Metrics(New)
Growth Metrics

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 🔒
DateValue
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