Equity Financial Statements From 2010 to 2024

EQR Stock  USD 65.30  0.16  0.25%   
Equity Residential financial statements provide useful quarterly and yearly information to potential Equity Residential investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Equity Residential financial statements helps investors assess Equity Residential's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Equity Residential's valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
0.317
Market Capitalization
24.7 B
Enterprise Value Revenue
10.8224
Revenue
2.9 B
There are over one hundred nineteen available fundamental signals for Equity Residential, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Equity Residential's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/30/2024, Market Cap is likely to grow to about 3.1 B. Also, Enterprise Value is likely to grow to about 6.1 B

Equity Residential Total Revenue

2.11 Billion

Check Equity Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equity main balance sheet or income statement drivers, such as Depreciation And Amortization of 617.3 M, Interest Expense of 446.5 M or Selling General Administrative of 45.7 M, as well as many exotic indicators such as Price To Sales Ratio of 5.21, Dividend Yield of 0.0624 or PTB Ratio of 1.58. Equity financial statements analysis is a perfect complement when working with Equity Residential Valuation or Volatility modules.
  
This module can also supplement Equity Residential's financial leverage analysis and stock options assessment as well as various Equity Residential Technical models . Check out the analysis of Equity Residential Correlation against competitors.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

Equity Residential Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.2 B20 B18.9 B
Slightly volatile
Short and Long Term Debt Total7.8 B7.7 B8.5 B
Pretty Stable
Total Stockholder Equity7.2 B11.1 B9.1 B
Slightly volatile
Net Debt7.7 B7.7 B8.4 B
Pretty Stable
Non Current Assets Total15.8 B19.9 B18.6 B
Slightly volatile
Non Currrent Assets Other20.1 B19.2 B17.5 B
Slightly volatile
Common Stock Shares Outstanding314.1 M390.9 M344 M
Slightly volatile
Liabilities And Stockholders Equity16.2 B20 B18.9 B
Slightly volatile
Non Current Liabilities Total7.9 B7.6 B8.6 B
Very volatile
Other Stockholder Equity6.3 B9.6 B7.8 B
Slightly volatile
Total Liabilities8.4 B8.5 B9.2 B
Pretty Stable
Property Plant And Equipment Net345 M363.2 M1.6 B
Slightly volatile
Total Current Liabilities1.3 B838.5 M703.3 M
Slightly volatile
Accounts Payable116.1 M104.4 M106.8 M
Pretty Stable
Cash48.2 M50.7 M122 M
Slightly volatile
Other Assets22.8 B21.7 B7.3 B
Slightly volatile
Cash And Short Term Investments48.2 M50.7 M122 M
Slightly volatile
Net Receivables9.9 M14.8 M25.7 M
Pretty Stable
Common Stock Total Equity3.1 M4.4 M3.4 M
Slightly volatile
Property Plant And Equipment Gross434.4 M457.3 M2.7 B
Slightly volatile
Total Current Assets133 M140 M379.2 M
Pretty Stable
Common Stock3.1 M3.8 M3.4 M
Slightly volatile
Short Term Debt989.6 M910.7 M386.6 M
Slightly volatile
Other Liabilities529.8 M432.3 M463.5 M
Pretty Stable
Long Term Debt8.3 BB7.8 B
Pretty Stable
Short Term Investments336.9 M320.9 M118 M
Slightly volatile
Preferred Stock Total Equity31.9 M33.6 M126.5 M
Slightly volatile
Property Plant Equipment15.7 B22.5 B16.7 B
Slightly volatile
Net Tangible Assets10.8 B13.2 B10.1 B
Slightly volatile
Warrants334.7 M286.4 M402.7 M
Slightly volatile
Long Term Debt Total9.1 B8.5 B8.3 B
Pretty Stable
Capital Surpluse9.2 B10.9 B8.5 B
Slightly volatile
Long Term Investments202.1 M282 M249.3 M
Very volatile
Non Current Liabilities Other641.6 M324.7 M587.2 M
Slightly volatile
Short and Long Term Debt388.7 M409.1 M813 M
Very volatile
Cash And Equivalents69.4 M61.9 M69.1 M
Pretty Stable
Net Invested Capital15.1 B18.4 B18.8 B
Slightly volatile
Capital Stock45.1 M41.1 M41.3 M
Slightly volatile
Capital Lease Obligations254.9 M311.6 M322 M
Slightly volatile

Equity Residential Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization617.3 M901.5 M732 M
Slightly volatile
Interest Expense446.5 M266.7 M381.6 M
Very volatile
Selling General Administrative45.7 M60.7 M50.8 M
Slightly volatile
Total Revenue2.1 B2.9 B2.3 B
Slightly volatile
Gross Profit1.6 B2.2 B1.6 B
Slightly volatile
Other Operating Expenses1.4 B755.4 M1.5 B
Pretty Stable
Operating Income673.3 M1.2 B742.3 M
Slightly volatile
EBIT721 M1.2 B759.6 M
Slightly volatile
EBITDA1.3 B1.2 B1.4 B
Slightly volatile
Net Income812.8 M835.4 M1.1 B
Very volatile
Cost Of Revenue754.6 M694.7 M870 M
Pretty Stable
Net Income Applicable To Common Shares779.4 M889.9 M1.1 B
Very volatile
Extraordinary Items425.8 K448.2 K231.7 M
Slightly volatile
Discontinued Operations442.9 K466.2 K254.4 M
Slightly volatile
Non Recurring9.1 M15.1 M9.9 M
Very volatile
Preferred Stock And Other Adjustments3.9 M2.8 M5.1 M
Slightly volatile
Interest Income8.2 M8.6 M207.7 M
Slightly volatile
Reconciled Depreciation913.6 M888.8 M795.6 M
Slightly volatile

Equity Residential Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow51.2 M53.9 M178.8 M
Slightly volatile
Depreciation622.3 M901.5 M740.5 M
Slightly volatile
Capital Expenditures475.1 M321.2 M300 M
Pretty Stable
Total Cash From Operating Activities944 M1.5 B1.1 B
Slightly volatile
End Period Cash Flow48.2 M50.7 M150.3 M
Pretty Stable
Stock Based Compensation27.6 M31.8 M27.3 M
Slightly volatile
Other Cashflows From Investing Activities413.2 M434.9 M1.1 B
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.218.16898.8383
Pretty Stable
Dividend Yield0.06240.04290.0443
Pretty Stable
PTB Ratio1.582.08972.4185
Slightly volatile
Days Sales Outstanding1.171.90673.559
Pretty Stable
Book Value Per Share17.8729.267725.4263
Slightly volatile
Invested Capital1.310.66671.0459
Slightly volatile
Operating Cash Flow Per Share2.354.01843.2012
Slightly volatile
Stock Based Compensation To Revenue0.00870.01120.0107
Pretty Stable
PB Ratio1.582.08972.4185
Slightly volatile
EV To Sales8.0910.86712.3535
Very volatile
ROIC0.07160.04820.0423
Slightly volatile
Inventory Turnover0.330.370.4063
Slightly volatile
Net Income Per Share1.92.20563.0222
Very volatile
Payables Turnover19.3318.408610.4373
Pretty Stable
Sales General And Administrative To Revenue0.02480.02140.0239
Slightly volatile
Average Inventory0.40.450.49
Slightly volatile
Cash Per Share0.130.1340.5111
Slightly volatile
POCF Ratio11.9315.220218.8625
Slightly volatile
Interest Coverage3.263.10332.098
Slightly volatile
Payout Ratio1.131.18890.9075
Slightly volatile
Days Payables Outstanding18.8419.827747.3308
Slightly volatile
ROE0.080.07540.1136
Pretty Stable
EV To Operating Cash Flow18.8620.247226.6751
Slightly volatile
PE Ratio18.9927.728929.1478
Pretty Stable
Return On Tangible Assets0.0360.04170.0532
Very volatile
Earnings Yield0.06110.03610.05
Very volatile
Intangibles To Total Assets0.00350.00240.0025
Pretty Stable
Net Debt To EBITDA4.444.26895.4042
Pretty Stable
Current Ratio0.160.1670.7576
Slightly volatile
Tangible Book Value Per Share19.5530.568127.3826
Slightly volatile
Receivables Turnover182191130
Pretty Stable
Graham Number26.5738.111339.5718
Very volatile
Shareholders Equity Per Share17.8729.267725.4263
Slightly volatile
Debt To Equity1.310.66671.0459
Slightly volatile
Revenue Per Share5.427.48696.7006
Pretty Stable
Interest Debt Per Share21.0820.269425.4433
Slightly volatile
Debt To Assets0.540.36890.4583
Slightly volatile
Enterprise Value Over EBITDA12.6417.193719.1694
Pretty Stable
Short Term Coverage Ratios1.591.67137.8009
Very volatile
Price Earnings Ratio18.9927.728929.1478
Pretty Stable
Operating Cycle1.811.9067295
Slightly volatile
Price Book Value Ratio1.582.08972.4185
Slightly volatile
Days Of Payables Outstanding18.8419.827747.3308
Slightly volatile
Dividend Payout Ratio1.131.18890.9075
Slightly volatile
Price To Operating Cash Flows Ratio11.9315.220218.8625
Slightly volatile
Operating Profit Margin0.230.31410.2884
Pretty Stable
Company Equity Multiplier2.631.80722.2501
Slightly volatile
Long Term Debt To Capitalization0.560.36890.4903
Slightly volatile
Total Debt To Capitalization0.580.40.5002
Slightly volatile
Return On Capital Employed0.0490.04640.0383
Slightly volatile
Debt Equity Ratio1.310.66671.0459
Slightly volatile
Ebit Per Revenue0.230.31410.2884
Pretty Stable
Quick Ratio0.07430.07820.4323
Slightly volatile
Cash Ratio0.05750.06050.3858
Slightly volatile
Operating Cash Flow Sales Ratio0.340.53670.4623
Slightly volatile
Days Of Sales Outstanding1.171.90673.559
Pretty Stable
Cash Flow Coverage Ratios0.220.20590.1405
Slightly volatile
Price To Book Ratio1.582.08972.4185
Slightly volatile
Fixed Asset Turnover8.27.80854.9769
Slightly volatile
Price Cash Flow Ratio11.9315.220218.8625
Slightly volatile
Enterprise Value Multiple12.6417.193719.1694
Pretty Stable
Debt Ratio0.540.36890.4583
Slightly volatile
Cash Flow To Debt Ratio0.220.20590.1405
Slightly volatile
Price Sales Ratio5.218.16898.8383
Pretty Stable
Return On Assets0.0360.04170.0532
Very volatile
Asset Turnover0.150.14150.1302
Very volatile
Net Profit Margin0.280.29460.4408
Very volatile
Gross Profit Margin0.310.32210.6081
Slightly volatile
Price Fair Value1.582.08972.4185
Slightly volatile
Return On Equity0.080.07540.1136
Pretty Stable

Equity Residential Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.1 BB3.1 B
Slightly volatile
Enterprise Value6.1 B5.8 BB
Slightly volatile

Equity Fundamental Market Drivers

Forward Price Earnings41.6667
Cash And Short Term Investments50.7 M

Equity Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Equity Residential Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Equity Residential income statement, its balance sheet, and the statement of cash flows. Equity Residential investors use historical funamental indicators, such as Equity Residential's revenue or net income, to determine how well the company is positioned to perform in the future. Although Equity Residential investors may use each financial statement separately, they are all related. The changes in Equity Residential's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equity Residential's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equity Residential Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equity Residential. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue2.9 B2.1 B
Cost Of Revenue694.7 M754.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.11)(0.12)
Revenue Per Share 7.49  5.42 
Ebit Per Revenue 0.31  0.23 

Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Moving against Equity Stock

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The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Equity Residential is a strong investment it is important to analyze Equity Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Residential's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:
Check out the analysis of Equity Residential Correlation against competitors.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Equity Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Residential. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.385
Dividend Share
2.663
Earnings Share
2.34
Revenue Per Share
7.653
Quarterly Revenue Growth
0.036
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.