Equity Residential (EQR) Operating Margin (2009 - 2020)
Equity Residential (EQR) recorded quarterly Operating Margin of 61.86% in Q1 2020, up 3.45% quarter-over-quarter from 59.8% in Q4 2019, and up 3017.0% on a YoY basis from 1.98% in Q2 2019.
Equity Residential (EQR) Operating Margin (2009 - 2020) Analysis & Trends
Equity Residential's Operating Margin history runs 12 years deep, the most recent figure standing at 61.86% for Q1 2020.
- In Q1 2020, Operating Margin rose 3017.0% year-over-year to 61.86%; the TTM figure through Mar 2020 stood at 57.65% (up 1983.0% YoY), while the FY2019 annual figure was 353166.67%, up 35312344.0% from the prior year.
- Operating Margin was 61.86% for Q1 2020 at Equity Residential, up from 59.8% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 61.86% in Q1 2020 to a low of 31.69% in Q1 2019.
- Historically, Operating Margin has averaged 41.98% across 5 years, with a median of 34.89% in 2017.
- The sharpest annual moves came in 2019 and 2020: Operating Margin sank 2187 bps in 2019, then surged 3017 bps in 2020.
- A 5-year view of Operating Margin shows it stood at 37.01% in 2016, then dropped by 8 bps to 34.05% in 2017, then retreated by 1 bps to 33.59% in 2018, then jumped by 78 bps to 59.8% in 2019, then climbed by 3 bps to 61.86% in 2020.
- The last three Operating Margin figures came in at 61.86% (Q1 2020), 59.8% (Q4 2019), and 53.76% (Q3 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 5.48% |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 59.64% |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 1.34% |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 53.96% |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 28.26% |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | - |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | 85.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 61.86% |
| Dec 31, 2019 | 59.80% |
| Sep 30, 2019 | 53.76% |
| Jun 30, 2019 | 55.13% |
| Mar 31, 2019 | 31.69% |
| Dec 31, 2018 | 33.59% |
| Sep 30, 2018 | 51.99% |
| Jun 30, 2018 | 34.01% |
| Mar 31, 2018 | 53.57% |
| Dec 31, 2017 | 34.05% |
| Sep 30, 2017 | 34.89% |
| Jun 30, 2017 | 34.38% |
| Mar 31, 2017 | 33.83% |
| Dec 31, 2016 | 37.01% |
| Sep 30, 2016 | 34.55% |
| Jun 30, 2016 | 34.62% |
| Mar 31, 2016 | 34.99% |
| Dec 31, 2015 | 40.82% |
| Sep 30, 2015 | 37.00% |
| Jun 30, 2015 | 36.26% |