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

Equity Residential's Operating Leases history runs 7 years deep, the most recent figure standing at $304.6 million for Q4 2025.

• On a quarterly basis, Operating Leases rose 28.1% year-over-year to $304.6 million in Q4 2025; TTM through Dec 2025 was $304.6 million, a 28.1% increase from a year earlier, with the FY2025 full-year figure at $304.6 million, up 28.1% from the prior year.
• Operating Leases held at $304.6 million in Q4 2025 per EQR's latest filing, from $304.8 million in the prior quarter.
• Across five years, Operating Leases topped out at $316.8 million in Q1 2021 and bottomed at $237.8 million in Q4 2024.
• The 5-year median for Operating Leases is $310.0 million (2022), against an average of $303.1 million.
• Across the five-year window, Operating Leases retreated 21.13% in 2023 and rose 28.1% in 2025, its largest moves.
• Year by year, Operating Leases stood at $312.3 million in 2021, then slipped by 1.15% to $308.7 million in 2022, then decreased by 21.13% to $243.5 million in 2023, then declined by 2.35% to $237.8 million in 2024, then climbed by 28.1% to $304.6 million in 2025.
• Per Business Quant, the three latest EQR Operating Leases figures stand at $304.6 million (Q4 2025), $304.8 million (Q3 2025), and $302.8 million (Q2 2025).