Equity Residential (EQR) Notes Payables (2009 - 2025)
Equity Residential (EQR) recorded quarterly Notes Payables of $6.0 billion in Q4 2025, little changed quarter-over-quarter from $6.0 billion in Q3 2025, and up 0.86% on a YoY basis from $5.9 billion in Q4 2024.
Equity Residential (EQR) Notes Payables (2009 - 2025) Analysis & Trends
Equity Residential's Notes Payables history runs 17 years deep, the most recent figure standing at $6.0 billion for Q4 2025.
- In Q4 2025, Notes Payables rose 0.86% year-over-year to $6.0 billion; the TTM figure through Dec 2025 stood at $6.0 billion (up 0.86% YoY), while the FY2025 annual figure was $6.0 billion, up 0.86% from the prior year.
- Notes Payables was $6.0 billion for Q4 2025 at Equity Residential, roughly flat from $6.0 billion in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $6.0 billion in Q4 2025 to a low of $1.0 billion in Q1 2021.
- Historically, Notes Payables has averaged $3.9 billion across 5 years, with a median of $5.3 billion in 2022.
- The sharpest annual moves came in 2021 and 2024: Notes Payables plunged 83.56% in 2021, then surged 494.57% in 2024.
- A 5-year view of Notes Payables shows it stood at $5.8 billion in 2021, then tumbled by 74.29% to $1.5 billion in 2022, then jumped by 256.56% to $5.3 billion in 2023, then climbed by 11.2% to $5.9 billion in 2024, then increased by 0.86% to $6.0 billion in 2025.
- The last three Notes Payables figures came in at $6.0 billion (Q4 2025), $6.0 billion (Q3 2025), and $1.5 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.00 Bn |
| Sep 30, 2025 | 6.00 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 1.50 Bn |
| Dec 31, 2024 | 5.95 Bn |
| Sep 30, 2024 | 5.95 Bn |
| Jun 30, 2024 | 5.35 Bn |
| Mar 31, 2024 | 5.35 Bn |
| Dec 31, 2023 | 5.35 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | 5.34 Bn |
| Dec 31, 2022 | 1.50 Bn |
| Sep 30, 2022 | 5.34 Bn |
| Jun 30, 2022 | 5.84 Bn |
| Mar 31, 2022 | 1.00 Bn |
| Dec 31, 2021 | 5.84 Bn |
| Sep 30, 2021 | 1.00 Bn |
| Jun 30, 2021 | 5.34 Bn |
| Mar 31, 2021 | 1.00 Bn |