Equity Residential (EQR) Operating Leases (2019 - 2025)

Equity Residential's Operating Leases history runs 7 years deep, the most recent figure standing at $238.6 million for Q4 2025.

• In Q4 2025, Operating Leases changed 0.33% year-over-year to $238.6 million; the TTM figure through Dec 2025 stood at $238.6 million (changed 0.33% YoY), while the FY2025 annual figure was $238.6 million, changed 0.33% from the prior year.
• Operating Leases was $238.6 million for Q4 2025 at Equity Residential, down from $304.8 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $316.8 million in Q1 2021 to a low of $237.8 million in Q4 2024.
• Historically, Operating Leases has averaged $303.2 million across 5 years, with a median of $310.5 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Operating Leases increased 1.14% in 2023, then slipped 23.7% in 2024.
• A 5-year view of Operating Leases shows it stood at $312.3 million in 2021, then slipped by 1.15% to $308.7 million in 2022, then rose by 0.94% to $311.6 million in 2023, then fell by 23.7% to $237.8 million in 2024, then increased by 0.33% to $238.6 million in 2025.
• The last three Operating Leases figures came in at $238.6 million (Q4 2025), $304.8 million (Q3 2025), and $302.8 million (Q2 2025), per Business Quant data.