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| Date | Value |
|---|---|
| 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 |