Erp Operating Ltd Partnership (EQR) Free Cash Flow (2009 - 2025)
Equity Residential (EQR) posted quarterly Free Cash Flow of $363.4 million for Q4 2025, up 355.82% year-over-year from $79.7 million in Q4 2024, and down 2.73% quarter-over-quarter from $373.6 million in Q3 2025.
Erp Operating Ltd Partnership (EQR) Free Cash Flow (2009 - 2025) Analysis & Trends
Equity Residential's Free Cash Flow history runs 17 years deep, the most recent figure standing at $363.4 million for Q4 2025.
- In Q4 2025, Free Cash Flow rose 355.82% year-over-year to $363.4 million; the TTM figure through Jun 2026 stood at $592.6 million (up 212.72% YoY), while the FY2025 annual figure was $987.2 million, up 4692.98% from the prior year.
- Free Cash Flow for Q4 2025 stood at $363.4 million, down from $373.6 million in the prior quarter.
- The five-year high for Free Cash Flow was $429.4 million in Q3 2022, with the low at -$855.7 million in Q3 2024.
- The 5-year median for Free Cash Flow is $313.8 million (2022), against an average of $153.2 million.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow jumped 2337.28% in 2022, then plunged 380.8% in 2024.
- Equity Residential's Free Cash Flow stood at -$407.9 million in 2021, then jumped by 182.02% to $334.5 million in 2022, then advanced by 2.91% to $344.3 million in 2023, then plunged by 76.84% to $79.7 million in 2024, then surged by 355.82% to $363.4 million in 2025.
- Business Quant data shows EQR's Free Cash Flow at $363.4 million in Q4 2025, $373.6 million in Q3 2025, and -$144.3 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 50.06 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 321.23 Mn |
| 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 | 199.90 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 83.76 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 291.77 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 201.45 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | -140.86 Mn |
| 10 | Millrose Properties | 5.05 Bn | 5.05 Bn | - | 886.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 357.18 Mn |
| Dec 31, 2025 | 357.18 Mn |
| Sep 30, 2025 | 454.42 Mn |
| Sep 30, 2025 | 454.42 Mn |
| Jun 30, 2025 | 330.80 Mn |
| Jun 30, 2025 | 330.80 Mn |
| Mar 31, 2025 | 394.55 Mn |
| Mar 31, 2025 | 394.55 Mn |
| Dec 31, 2024 | 315.12 Mn |
| Dec 31, 2024 | 315.12 Mn |
| Sep 30, 2024 | 365.95 Mn |
| Sep 30, 2024 | 365.95 Mn |
| Jun 30, 2024 | 342.52 Mn |
| Jun 30, 2024 | 342.52 Mn |
| Mar 31, 2024 | 420.19 Mn |
| Mar 31, 2024 | 420.19 Mn |
| Dec 31, 2023 | 79.96 Mn |
| Dec 31, 2023 | 79.96 Mn |
| Sep 30, 2023 | 569.04 Mn |
| Sep 30, 2023 | 569.04 Mn |