Erp Operating Ltd Partnership (EQR) Land & Improvements (2016 - 2026)
Equity Residential (EQR) posted quarterly Land & Improvements of $5.5 billion for Q2 2026, down 2.14% year-over-year from $5.6 billion in Q2 2025, and down 0.85% quarter-over-quarter from $5.6 billion in Q4 2025.
Erp Operating Ltd Partnership (EQR) Land & Improvements (2016 - 2026) Analysis & Trends
Equity Residential's Land & Improvements history runs 11 years deep, the most recent figure standing at $5.5 billion for Q2 2026.
- In Q2 2026, Land & Improvements fell 2.14% year-over-year to $5.5 billion; the TTM figure through Jun 2026 stood at $5.5 billion (down 2.14% YoY), while the FY2025 annual figure was $5.6 billion, down 0.77% from the prior year.
- Land & Improvements for Q2 2026 stood at $5.5 billion, down from $5.6 billion in the prior quarter.
- The five-year high for Land & Improvements was $5.8 billion in Q1 2022, with the low at $5.5 billion in Q2 2026.
- The 5-year median for Land & Improvements is $5.6 billion (2022), against an average of $5.6 billion.
- The sharpest annual moves came in 2023 and 2025: Land & Improvements dropped 4.75% in 2023, then rose 1.73% in 2025.
- Equity Residential's Land & Improvements stood at $5.6 billion in 2022, then gained by 0.02% to $5.6 billion in 2023, then rose by 0.44% to $5.6 billion in 2024, then retreated by 0.77% to $5.6 billion in 2025, then retreated by 0.85% to $5.5 billion in 2026.
- Business Quant data shows EQR's Land & Improvements at $5.5 billion in Q2 2026, $5.6 billion in Q4 2025, and $5.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 5.01 Bn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 5.52 Bn |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 4.92 Bn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 2.18 Bn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 1.79 Bn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 4.93 Bn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 2.45 Bn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | - |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | - |
| 10 | Millrose Properties | 5.05 Bn | 5.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.52 Bn |
| Dec 31, 2025 | 5.56 Bn |
| Sep 30, 2025 | 5.62 Bn |
| Jun 30, 2025 | 5.64 Bn |
| Mar 31, 2025 | 5.57 Bn |
| Dec 31, 2024 | 5.61 Bn |
| Sep 30, 2024 | 5.68 Bn |
| Jun 30, 2024 | 5.54 Bn |
| Mar 31, 2024 | 5.55 Bn |
| Dec 31, 2023 | 5.58 Bn |
| Sep 30, 2023 | 5.59 Bn |
| Jun 30, 2023 | 5.58 Bn |
| Mar 31, 2023 | 5.56 Bn |
| Dec 31, 2022 | 5.58 Bn |
| Sep 30, 2022 | 5.58 Bn |
| Jun 30, 2022 | 5.73 Bn |
| Mar 31, 2022 | 5.84 Bn |
| Dec 31, 2021 | 5.81 Bn |
| Sep 30, 2021 | 5.78 Bn |
| Jun 30, 2021 | 5.78 Bn |