Erp Operating Ltd Partnership (EQR) EBITDA (2009 - 2026)
Equity Residential (EQR) posted quarterly EBITDA of $202.9 million for Q2 2026, down 27.4% year-over-year from $279.5 million in Q2 2025, and down 69.59% quarter-over-quarter from $667.2 million in Q4 2025.
Erp Operating Ltd Partnership (EQR) EBITDA (2009 - 2026) Analysis & Trends
Equity Residential's EBITDA history runs 18 years deep, the most recent figure standing at $202.9 million for Q2 2026.
- In Q2 2026, EBITDA fell 27.4% year-over-year to $202.9 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 37.02% YoY), while the FY2025 annual figure was $3.0 billion, up 4.82% from the prior year.
- EBITDA for Q2 2026 stood at $202.9 million, down from $667.2 million in the prior quarter.
- The five-year high for EBITDA was $667.2 million in Q4 2025, with the low at $149.7 million in Q1 2022.
- The 5-year median for EBITDA is $279.5 million (2025), against an average of $310.7 million.
- The sharpest annual moves came in 2022 and 2025: EBITDA plunged 62.24% in 2022, then soared 163.11% in 2025.
- Equity Residential's EBITDA stood at $242.4 million in 2022, then soared by 61.95% to $392.5 million in 2023, then tumbled by 35.39% to $253.6 million in 2024, then soared by 163.11% to $667.2 million in 2025, then tumbled by 69.59% to $202.9 million in 2026.
- Business Quant data shows EQR's EBITDA at $202.9 million in Q2 2026, $667.2 million in Q4 2025, and $381.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 460.01 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 449.31 Mn |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 242.13 Mn |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 318.45 Mn |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 25.70 Mn |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 99.36 Mn |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 115.86 Mn |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | 63.40 Mn |
| 10 | Millrose Properties | 5.09 Bn | 5.09 Bn | - | 167.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 202.93 Mn |
| Dec 31, 2025 | 445.48 Mn |
| Sep 30, 2025 | 381.39 Mn |
| Jun 30, 2025 | 209.00 Mn |
| Mar 31, 2025 | 361.24 Mn |
| Dec 31, 2024 | 261.77 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 |