KPIs & Operating Metrics(New)
Growth Metrics

Equity Residential (EQR) Net Income (2009 - 2025)

Equity Residential's quarterly Net Income came in at $395.0 million in Q4 2025, down 9.81% year-on-year from $438.0 million in Q4 2024, and up 31.3% quarter-over-quarter from $300.9 million in Q3 2025.

Equity Residential has reported Net Income for 16 years, with the latest figure at $395.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Net Income fell 9.81% year-over-year to $395.0 million; the trailing twelve-month figure through Dec 2025 stood at $1.2 billion (up 8.43% YoY), and the FY2025 full-year result was $1.2 billion, up 8.43% from the prior year.
  • Net Income for Q4 2025 stood at $395.0 million, up from $300.9 million in the prior quarter.
  • The five-year high for Net Income was $561.3 million in Q4 2021, with the low at $62.0 million in Q1 2021.
  • Average Net Income over 5 years is $266.8 million, with a median of $252.6 million recorded in 2022.
  • Peak annual rise in Net Income reached 369.08% in 2021, while the deepest fall reached 81.44% in 2021.
  • Tracing EQR's Net Income over 5 years: stood at $561.3 million in 2021, then tumbled by 70.26% to $166.9 million in 2022, then soared by 93.97% to $323.8 million in 2023, then soared by 35.26% to $438.0 million in 2024, then decreased by 9.81% to $395.0 million in 2025.
  • The last three Net Income figures came in at $395.0 million (Q4 2025), $300.9 million (Q3 2025), and $203.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 328.29 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - 395.03 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn -55.05 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn -
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 56.55 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 202.90 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 80.50 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 44.37 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - 127.51 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 395.03 Mn
Sep 30, 2025 300.85 Mn
Jun 30, 2025 203.79 Mn
Mar 31, 2025 271.28 Mn
Dec 31, 2024 437.98 Mn
Sep 30, 2024 150.01 Mn
Jun 30, 2024 185.23 Mn
Mar 31, 2024 306.73 Mn
Dec 31, 2023 323.80 Mn
Sep 30, 2023 182.53 Mn
Jun 30, 2023 146.09 Mn
Mar 31, 2023 221.45 Mn
Dec 31, 2022 166.93 Mn
Sep 30, 2022 336.19 Mn
Jun 30, 2022 233.85 Mn
Mar 31, 2022 75.06 Mn
Dec 31, 2021 561.35 Mn
Sep 30, 2021 448.49 Mn
Jun 30, 2021 328.30 Mn
Mar 31, 2021 61.97 Mn
Dec 31, 2020 229.59 Mn
Sep 30, 2020 95.61 Mn
Jun 30, 2020 272.52 Mn
Mar 31, 2020 333.83 Mn
Dec 31, 2019 302.30 Mn
Sep 30, 2019 277.10 Mn
Jun 30, 2019 252.36 Mn
Mar 31, 2019 109.96 Mn
Dec 31, 2018 123.07 Mn
Sep 30, 2018 224.83 Mn
Jun 30, 2018 118.45 Mn
Mar 31, 2018 221.53 Mn
Dec 31, 2016 394,000.00
Sep 30, 2016 246,000.00
Jun 30, 2016 35,000.00
Mar 31, 2016 -157,000.00
Dec 31, 2015 47,000.00
Sep 30, 2015 81,000.00
Jun 30, 2015 114,000.00
Mar 31, 2015 155,000.00
Dec 31, 2014 82,000.00
Sep 30, 2014 -62,000.00
Jun 30, 2014 510,000.00
Mar 31, 2014 1.05 Mn
Dec 31, 2013 46.73 Mn
Sep 30, 2013 405.18 Mn
Jun 30, 2013 395.24 Mn
Mar 31, 2013 1.23 Bn
Dec 31, 2012 283.64 Mn
Sep 30, 2012 145.05 Mn
Jun 30, 2012 114.66 Mn
Mar 31, 2012 177.56 Mn
Dec 31, 2011 74.90 Mn
Sep 30, 2011 84.70 Mn
Jun 30, 2011 571.42 Mn
Mar 31, 2011 146.39 Mn
Dec 31, 2010 246.63 Mn
Sep 30, 2010 30.91 Mn
Jun 30, 2010 22.70 Mn
Mar 31, 2010 79.17 Mn
Dec 31, 2009 64.31 Mn
Sep 30, 2009 139.11 Mn
Jun 30, 2009 98.12 Mn
Mar 31, 2009 77.56 Mn