KPIs & Operating Metrics(New)
Growth Metrics

Equity Residential (EQR) Leases (2019 - 2025)

Equity Residential's quarterly Leases came in at $364.3 million in Q4 2025, little changed year-on-year from $363.1 million in Q4 2024, and little changed quarter-over-quarter from $363.1 million in Q4 2024.

Equity Residential has reported Leases for 7 years, with the latest figure at $364.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Leases changed 0.33% year-over-year to $364.3 million; the trailing twelve-month figure through Dec 2025 stood at $364.3 million (changed 0.33% YoY), and the FY2025 full-year result was $364.3 million, changed 0.33% from the prior year.
  • Leases for Q4 2025 stood at $364.3 million, roughly flat from $363.1 million in the prior quarter.
  • The five-year high for Leases was $474.7 million in Q4 2021, with the low at $94.1 million in Q4 2023.
  • Average Leases over 5 years is $351.8 million, with a median of $364.3 million recorded in 2025.
  • Year-over-year, Leases tumbled 79.68% in 2023 and soared 285.9% in 2024.
  • Tracing EQR's Leases over 5 years: stood at $474.7 million in 2021, then fell by 2.48% to $463.0 million in 2022, then plunged by 79.68% to $94.1 million in 2023, then soared by 285.9% to $363.1 million in 2024, then gained by 0.33% to $364.3 million in 2025.
  • The last three Leases figures came in at $364.3 million (Q4 2025), $363.1 million (Q4 2024), and $94.1 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - -
2 Equity Residential 25.13 Bn 25.27 Bn - 364.31 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 34.20 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 19.70 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn -
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 15.68 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 186.64 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn -
9 Camden Property Trust 11.27 Bn 11.34 Bn - -
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Dec 31, 2025 364.31 Mn
Dec 31, 2024 363.10 Mn
Dec 31, 2023 94.09 Mn
Dec 31, 2022 462.96 Mn
Dec 31, 2021 474.71 Mn
Dec 31, 2020 499.29 Mn
Dec 31, 2019 512.77 Mn
Sep 30, 2019 481.04 Mn
Jun 30, 2019 431.75 Mn
Mar 31, 2019 434.68 Mn