KPIs & Operating Metrics(New)
Growth Metrics

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

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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
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