KPIs & Operating Metrics(New)
Growth Metrics

Equity Residential (EQR) Notes Payables (2009 - 2025)

Equity Residential's quarterly Notes Payables came in at $6.0 billion in Q4 2025, up 0.86% year-on-year from $5.9 billion in Q4 2024, and little changed quarter-over-quarter from $6.0 billion in Q3 2025.

Equity Residential has reported Notes Payables for 17 years, with the latest figure at $6.0 billion in Q4 2025.

  • For the quarter ending Q4 2025, Notes Payables rose 0.86% year-over-year to $6.0 billion; the trailing twelve-month figure through Dec 2025 stood at $6.0 billion (up 0.86% YoY), and the FY2025 full-year result was $6.0 billion, up 0.86% from the prior year.
  • Notes Payables for Q4 2025 stood at $6.0 billion, roughly flat from $6.0 billion in the prior quarter.
  • The five-year high for Notes Payables was $6.0 billion in Q4 2025, with the low at $1.0 billion in Q1 2021.
  • Average Notes Payables over 5 years is $3.9 billion, with a median of $5.3 billion recorded in 2022.
  • Year-over-year, Notes Payables plunged 83.56% in 2021 and jumped 494.57% in 2024.
  • Tracing EQR's Notes Payables over 5 years: stood at $5.8 billion in 2021, then slumped by 74.29% to $1.5 billion in 2022, then surged by 256.56% to $5.3 billion in 2023, then grew by 11.2% to $5.9 billion in 2024, then rose 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 25.91 Bn 26.13 Bn -
2 Equity Residential 25.13 Bn 25.27 Bn -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 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
6 American Homes 4 Rent 13.60 Bn 14.17 Bn -
7 Udr 12.44 Bn 12.44 Bn 416.43 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 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
Dec 31, 2020 5.34 Bn
Sep 30, 2020 6.08 Bn
Jun 30, 2020 6.08 Bn
Mar 31, 2020 1.00 Bn
Dec 31, 2019 6.08 Bn
Sep 30, 2019 6.70 Bn
Jun 30, 2019 6.50 Bn
Mar 31, 2019 5.94 Bn
Dec 31, 2018 5.93 Bn
Sep 30, 2018 5.53 Bn
Jun 30, 2018 5.53 Bn
Mar 31, 2018 5.53 Bn
Dec 31, 2017 5.04 Bn
Sep 30, 2017 5.14 Bn
Jun 30, 2017 4.46 Bn
Mar 31, 2017 4.85 Bn
Dec 31, 2016 4.85 Bn
Sep 30, 2016 4.36 Bn
Jun 30, 2016 4.36 Bn
Mar 31, 2016 4.36 Bn
Dec 31, 2015 5.85 Bn
Sep 30, 2015 5.88 Bn
Jun 30, 2015 5.88 Bn
Mar 31, 2015 340.90 Mn
Dec 31, 2014 5.43 Bn
Sep 30, 2014 5.42 Bn
Jun 30, 2014 5.92 Bn
Mar 31, 2014 5.48 Bn
Dec 31, 2013 5.48 Bn
Sep 30, 2013 5.48 Bn
Jun 30, 2013 5.48 Bn
Mar 31, 2013 5.38 Bn
Dec 31, 2012 4.63 Bn
Sep 30, 2012 5.35 Bn
Jun 30, 2012 5.35 Bn
Mar 31, 2012 5.36 Bn
Dec 31, 2011 5.61 Bn
Sep 30, 2011 4.61 Bn
Jun 30, 2011 5.10 Bn
Mar 31, 2011 5.09 Bn
Dec 31, 2010 5.19 Bn
Sep 30, 2010 5.19 Bn
Dec 31, 2009 4.61 Bn