Equity Residential (EQR) EBT (2009 - 2025)

Equity Residential's (EQR) quarterly EBT came in at $395.4 million in Q4 2025, down 9.79% year-on-year from $438.3 million in Q4 2024, and up 31.25% quarter-over-quarter from $301.2 million in Q3 2025.

Equity Residential (EQR) EBT (2009 - 2025) Analysis & Trends

Equity Residential's EBT history runs 17 years deep, the most recent figure standing at $395.4 million for Q4 2025.

  • On a quarterly basis, EBT fell 9.79% year-over-year to $395.4 million in Q4 2025; TTM through Dec 2025 was $1.2 billion, a 8.45% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 8.45% from the prior year.
  • EBT grew to $395.4 million in Q4 2025 per EQR's latest filing, from $301.2 million in the prior quarter.
  • Across five years, EBT topped out at $561.6 million in Q4 2021 and bottomed at $62.1 million in Q1 2021.
  • The 5-year median for EBT is $252.9 million (2022), against an average of $267.1 million.
  • Biggest YoY gain for EBT was 368.09% in 2021; the steepest drop was 81.39% in 2021.
  • Year by year, EBT stood at $561.6 million in 2021, then plunged by 70.24% to $167.1 million in 2022, then jumped by 93.92% to $324.1 million in 2023, then soared by 35.26% to $438.3 million in 2024, then slipped by 9.79% to $395.4 million in 2025.
  • Per Business Quant, the three latest EQR EBT figures stand at $395.4 million (Q4 2025), $301.2 million (Q3 2025), and $204.2 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 328.00 Mn
2 Equity Residential 25.80 Bn 25.80 Bn - 395.39 Mn
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn -55.05 Mn
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 57.74 Mn
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 23.50 Mn
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 203.36 Mn
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 80.50 Mn
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - 45.31 Mn
10 Millrose Properties 4.76 Bn 4.76 Bn - 127.92 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 395.39 Mn
Sep 30, 2025 301.25 Mn
Jun 30, 2025 204.20 Mn
Mar 31, 2025 271.70 Mn
Dec 31, 2024 438.31 Mn
Sep 30, 2024 150.30 Mn
Jun 30, 2024 185.56 Mn
Mar 31, 2024 307.03 Mn
Dec 31, 2023 324.06 Mn
Sep 30, 2023 182.79 Mn
Jun 30, 2023 146.42 Mn
Mar 31, 2023 221.75 Mn
Dec 31, 2022 167.10 Mn
Sep 30, 2022 336.34 Mn
Jun 30, 2022 234.14 Mn
Mar 31, 2022 75.34 Mn
Dec 31, 2021 561.58 Mn
Sep 30, 2021 448.77 Mn
Jun 30, 2021 328.54 Mn
Mar 31, 2021 62.12 Mn