Equity Residential (EQR) Free Cash Flow (2009 - 2025)

Equity Residential's Free Cash Flow history runs 17 years deep, the most recent figure standing at -$192.6 million for Q4 2025.

• In Q4 2025, Free Cash Flow fell 161.12% year-over-year to -$192.6 million; the TTM figure through Dec 2025 stood at $987.2 million (down 31.63% YoY), while the FY2025 annual figure was $987.2 million, down 31.63% from the prior year.
• Free Cash Flow was -$192.6 million for Q4 2025 at Equity Residential, down from $454.4 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $569.0 million in Q3 2023 to a low of -$192.6 million in Q4 2025.
• Historically, Free Cash Flow has averaged $301.9 million across 5 years, with a median of $334.5 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Free Cash Flow surged 294.12% in 2024, then tumbled 161.12% in 2025.
• A 5-year view of Free Cash Flow shows it stood at $248.4 million in 2021, then jumped by 36.16% to $338.2 million in 2022, then plunged by 76.36% to $80.0 million in 2023, then soared by 294.12% to $315.1 million in 2024, then sank by 161.12% to -$192.6 million in 2025.
• The last three Free Cash Flow figures came in at -$192.6 million (Q4 2025), $454.4 million (Q3 2025), and $330.8 million (Q2 2025), per Business Quant data.