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| Date | Value |
|---|---|
| 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 |