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
DateValue
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