Erp Operating Ltd Partnership EQR
NYSE EQR
$63.66 +0.00 (+0.00%)
At close: Aug 19, 2026 · 4:00 PM EDT

Erp Operating Ltd Partnership (EQR) FCF Payout Ratio (2009 - 2025)

Equity Residential (EQR) posted quarterly FCF Payout Ratio of 0.73 for Q4 2025, down 77.41% year-over-year from 3.21 in Q4 2024, and up 3.02% quarter-over-quarter from 0.7 in Q3 2025.

Erp Operating Ltd Partnership (EQR) FCF Payout Ratio (2009 - 2025) Analysis & Trends

Equity Residential's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 0.73 for Q4 2025.

  • In Q4 2025, FCF Payout Ratio fell 77.41% year-over-year to 0.73; the TTM figure through Dec 2025 stood at 1.06 (up 102.24% YoY), while the FY2025 annual figure was 1.06, up 102.24% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 0.73, up from 0.7 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 16.96 in Q2 2021, with the low at 1.82 in Q2 2025.
  • The 5-year median for FCF Payout Ratio is 0.71 (2024), against an average of 1.37.
  • The sharpest annual moves came in 2021 and 2025: FCF Payout Ratio surged 1486.1% in 2021, then plunged 355.72% in 2025.
  • Equity Residential's FCF Payout Ratio stood at 0.55 in 2021, then surged by 226.88% to 0.7 in 2022, then rose by 3.97% to 0.73 in 2023, then jumped by 339.59% to 3.21 in 2024, then plunged by 77.41% to 0.73 in 2025.
  • Business Quant data shows EQR's FCF Payout Ratio at 0.73 in Q4 2025, 0.7 in Q3 2025, and 1.82 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Avalonbay Communities 26.11 Bn 26.32 Bn - 5.09
2 Erp Operating Ltd Partnership 23.87 Bn 24.06 Bn - -
3 Invitation Homes 17.81 Bn 17.81 Bn 705.34 Mn 0.56
4 Mid America Apartment Communities 15.25 Bn 15.12 Bn 537.17 Mn -
5 Sun Communities 14.88 Bn 14.88 Bn 460.10 Mn 0.72
6 Equity Lifestyle Properties 12.64 Bn 12.64 Bn 375.97 Mn 1.30
7 American Homes 4 Rent 12.38 Bn 12.38 Bn - 0.41
8 Udr 12.15 Bn 12.15 Bn 412.43 Mn 0.70
9 Camden Property Trust 10.98 Bn 10.98 Bn - -0.80
10 Millrose Properties 5.05 Bn 5.05 Bn - 0.14

Historic Data

Download Data
DateValue
Dec 31, 2025 2.92
Sep 30, 2025 -0.03
Jun 30, 2025 -0.73
Mar 31, 2025 0.65
Dec 31, 2024 0.81
Sep 30, 2024 0.70
Jun 30, 2024 1.47
Mar 31, 2024 0.01
Dec 31, 2023 -0.22
Sep 30, 2023 -0.82
Jun 30, 2023 2.63
Mar 31, 2023 0.02
Dec 31, 2022 -2.21
Sep 30, 2022 1.48
Jun 30, 2022 -0.89
Mar 31, 2022 0.66
Dec 31, 2021 0.01
Sep 30, 2021 0.00
Jun 30, 2021 -0.03
Mar 31, 2021 0.03