Erp Operating Ltd Partnership EQR
NYSE EQR
$63.66 +0.00 (+0.00%)
At close: Aug 19, 2026 · 4:00 PM EDT

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
DateValue
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