KPIs & Operating Metrics(New)
Growth Metrics

Equity Residential (EQR) FCF Payout Ratio (2009 - 2025)

Equity Residential's quarterly FCF Payout Ratio came in at 0.0 in Q4 2025, up 97.19% year-on-year from 0.0 in Q4 2024, and up 71.43% quarter-over-quarter from 0.01 in Q3 2025.

Equity Residential has reported FCF Payout Ratio for 17 years, with the latest figure at 0.0 in Q4 2025.

  • For the quarter ending Q4 2025, FCF Payout Ratio rose 97.19% year-over-year to 0.0; the trailing twelve-month figure through Dec 2025 stood at 0.0 (down 12.84% YoY), and the FY2025 full-year result was 0.0, down 12.84% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 0.0, up from 0.01 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 3.15 in Q4 2023, with the low at 2.7 in Q4 2021.
  • Average FCF Payout Ratio over 5 years is 0.32, with a median of 0.01 recorded in 2022.
  • Year-over-year, FCF Payout Ratio jumped 122260.38% in 2023 and plunged 393.14% in 2024.
  • Tracing EQR's FCF Payout Ratio over 5 years: stood at 2.7 in 2021, then surged by 98.26% to 0.05 in 2022, then jumped by 6785.28% to 3.15 in 2023, then sank by 102.09% to 0.07 in 2024, then surged by 97.19% to 0.0 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.0 (Q4 2025), 0.01 (Q3 2025), and 0.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 0.70
2 Equity Residential 25.13 Bn 25.27 Bn - 0.00
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 0.78
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 0.83
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 4.38
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 0.99
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 1.66
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 0.02
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2.07
10 Millrose Properties 4.59 Bn 4.59 Bn - 0.16

Historic Data

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DateValue
Dec 31, 2025 0.00
Sep 30, 2025 -0.01
Jun 30, 2025 0.00
Mar 31, 2025 0.01
Dec 31, 2024 -0.07
Sep 30, 2024 -1.29
Jun 30, 2024 1.41
Mar 31, 2024 0.01
Dec 31, 2023 3.15
Sep 30, 2023 0.44
Jun 30, 2023 2.63
Mar 31, 2023 0.02
Dec 31, 2022 -0.05
Sep 30, 2022 0.01
Jun 30, 2022 0.00
Mar 31, 2022 0.06
Dec 31, 2021 -2.70
Sep 30, 2021 0.64
Jun 30, 2021 1.33
Mar 31, 2021 0.80
Dec 31, 2020 5.50
Sep 30, 2020 0.03
Jun 30, 2020 -0.04
Mar 31, 2020 0.03
Dec 31, 2019 -0.09
Sep 30, 2019 0.03
Jun 30, 2019 0.00
Mar 31, 2019 0.01
Dec 31, 2018 0.04
Sep 30, 2018 0.04
Jun 30, 2018 -0.03
Mar 31, 2018 0.02
Dec 31, 2017 -1.09
Sep 30, 2017 1.08
Jun 30, 2017 -0.63
Mar 31, 2017 0.92
Dec 31, 2016 13.35
Sep 30, 2016 -10.77
Jun 30, 2016 16.36
Mar 31, 2016 0.13
Dec 31, 2015 0.03
Sep 30, 2015 0.00
Jun 30, 2015 -0.02
Mar 31, 2015 0.02
Dec 31, 2014 0.05
Sep 30, 2014 -1.75
Jun 30, 2014 0.97
Mar 31, 2014 1.24
Dec 31, 2013 -5.90
Sep 30, 2013 0.40
Jun 30, 2013 2.17
Dec 31, 2012 0.48
Sep 30, 2012 -7.65
Jun 30, 2012 -0.75
Mar 31, 2012 0.85
Dec 31, 2011 0.62
Sep 30, 2011 0.64
Jun 30, 2011 0.38
Mar 31, 2011 2.08
Dec 31, 2010 0.01
Sep 30, 2010 0.00
Jun 30, 2010 0.02
Mar 31, 2010 0.74
Dec 31, 2009 0.40
Sep 30, 2009 1.38
Jun 30, 2009 9.81
Mar 31, 2009 0.03