Erp Operating Ltd Partnership (EQR) Operating Income (2009 - 2023)
Equity Residential (EQR) posted quarterly Operating Income of $392.5 million for Q4 2023, up 61.95% year-over-year from $242.4 million in Q4 2022, and up 55.73% quarter-over-quarter from $252.0 million in Q3 2023.
Erp Operating Ltd Partnership (EQR) Operating Income (2009 - 2023) Analysis & Trends
Equity Residential's Operating Income history runs 15 years deep, the most recent figure standing at $392.5 million for Q4 2023.
- In Q4 2023, Operating Income rose 61.95% year-over-year to $392.5 million; the TTM figure through Dec 2023 stood at $1.2 billion (up 3.99% YoY), while the FY2023 annual figure was $1.2 billion, up 3.99% from the prior year.
- Operating Income for Q4 2023 stood at $392.5 million, up from $252.0 million in the prior quarter.
- The five-year high for Operating Income was $641.9 million in Q4 2021, with the low at $135.6 million in Q1 2021.
- The 5-year median for Operating Income is $356.7 million (2020), against an average of $331.3 million.
- Peak annual rise in Operating Income reached 185.92% in 2021, while the deepest fall reached 67.88% in 2021.
- Equity Residential's Operating Income stood at $409.0 million in 2019, then retreated by 12.8% to $356.6 million in 2020, then surged by 80.0% to $641.9 million in 2021, then slumped by 62.24% to $242.4 million in 2022, then soared by 61.95% to $392.5 million in 2023.
- Business Quant data shows EQR's Operating Income at $392.5 million in Q4 2023, $252.0 million in Q3 2023, and $218.5 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 47.83 Mn |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 318.45 Mn |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 25.70 Mn |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 99.36 Mn |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 115.86 Mn |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | - |
| 10 | Millrose Properties | 5.09 Bn | 5.09 Bn | - | 167.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 392.50 Mn |
| Sep 30, 2023 | 252.04 Mn |
| Jun 30, 2023 | 218.46 Mn |
| Mar 31, 2023 | 297.59 Mn |
| Dec 31, 2022 | 242.36 Mn |
| Sep 30, 2022 | 414.01 Mn |
| Jun 30, 2022 | 309.93 Mn |
| Mar 31, 2022 | 149.74 Mn |
| Dec 31, 2021 | 641.88 Mn |
| Sep 30, 2021 | 521.55 Mn |
| Jun 30, 2021 | 376.84 Mn |
| Mar 31, 2021 | 135.56 Mn |
| Dec 31, 2020 | 356.61 Mn |
| Sep 30, 2020 | 182.41 Mn |
| Jun 30, 2020 | 356.89 Mn |
| Mar 31, 2020 | 422.09 Mn |
| Dec 31, 2019 | 408.95 Mn |
| Sep 30, 2019 | 368.34 Mn |
| Jun 30, 2019 | 369.12 Mn |
| Mar 31, 2019 | 209.97 Mn |