Equity Residential (EQR) Operating Income (2009 - 2023)
Equity Residential's quarterly Operating Income came in at $392.5 million in Q4 2023, up 61.95% year-on-year from $242.4 million in Q4 2022, and up 55.73% quarter-over-quarter from $252.0 million in Q3 2023.
Equity Residential has reported Operating Income for 15 years, with the latest figure at $392.5 million in Q4 2023.
- For the quarter ending Q4 2023, Operating Income rose 61.95% year-over-year to $392.5 million; the trailing twelve-month figure through Dec 2023 stood at $1.2 billion (up 3.99% YoY), and the FY2023 full-year result 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.
- Average Operating Income over 5 years is $331.3 million, with a median of $356.7 million recorded in 2020.
- Peak annual rise in Operating Income reached 185.92% in 2021, while the deepest fall reached 67.88% in 2021.
- Tracing EQR's Operating Income over 5 years: stood at $409.0 million in 2019, then slipped by 12.8% to $356.6 million in 2020, then jumped by 80.0% to $641.9 million in 2021, then slumped by 62.24% to $242.4 million in 2022, then surged by 61.95% to $392.5 million in 2023.
- The last three Operating Income figures came in at $392.5 million (Q4 2023), $252.0 million (Q3 2023), and $218.5 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (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 | 40.27 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 6.80 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 331.31 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 229.81 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 112.37 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | 166.08 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 |
| Dec 31, 2018 | 219.28 Mn |
| Sep 30, 2018 | 339.40 Mn |
| Jun 30, 2018 | 217.60 Mn |
| Mar 31, 2018 | 339.08 Mn |
| Dec 31, 2017 | 214.76 Mn |
| Sep 30, 2017 | 217.79 Mn |
| Jun 30, 2017 | 210.55 Mn |
| Mar 31, 2017 | 204.37 Mn |
| Dec 31, 2016 | 224.07 Mn |
| Sep 30, 2016 | 209.37 Mn |
| Jun 30, 2016 | 206.02 Mn |
| Mar 31, 2016 | 216.63 Mn |
| Dec 31, 2015 | 287.06 Mn |
| Sep 30, 2015 | 257.59 Mn |
| Jun 30, 2015 | 246.26 Mn |
| Mar 31, 2015 | 218.33 Mn |
| Dec 31, 2014 | 250.53 Mn |
| Sep 30, 2014 | 243.27 Mn |
| Jun 30, 2014 | 228.31 Mn |
| Mar 31, 2014 | 199.26 Mn |
| Dec 31, 2013 | 223.68 Mn |
| Sep 30, 2013 | 120.41 Mn |
| Jun 30, 2013 | 63.99 Mn |
| Mar 31, 2013 | 104.25 Mn |
| Dec 31, 2012 | 148.25 Mn |
| Sep 30, 2012 | 142.02 Mn |
| Jun 30, 2012 | 121.75 Mn |
| Mar 31, 2012 | 102.11 Mn |
| Dec 31, 2011 | 154.72 Mn |
| Sep 30, 2011 | 142.78 Mn |
| Jun 30, 2011 | 134.13 Mn |
| Mar 31, 2011 | 110.04 Mn |
| Dec 31, 2010 | 76.50 Mn |
| Sep 30, 2010 | 104.44 Mn |
| Jun 30, 2010 | 97.59 Mn |
| Mar 31, 2010 | 97.54 Mn |
| Dec 31, 2009 | 126.95 Mn |
| Sep 30, 2009 | 122.70 Mn |
| Jun 30, 2009 | 120.66 Mn |
| Mar 31, 2009 | 126.28 Mn |