Equity Historical Income Statement

EQR Stock  USD 63.11  0.54  0.86%   
Historical analysis of Equity Residential income statement accounts such as Selling General Administrative of 45.7 M or Total Revenue of 2.1 B can show how well Equity Residential performed in making a profits. Evaluating Equity Residential income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equity Residential's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Equity Residential latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Equity Residential is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

About Equity Income Statement Analysis

Equity Residential Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Equity Residential shareholders. The income statement also shows Equity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Equity Residential Income Statement Chart

Equity Residential Income Statement is one of the three primary financial statements used for reporting Equity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equity Residential revenue and expense. Equity Residential Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equity Residential's Reconciled Depreciation is relatively stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Equity Residential generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Equity Residential minus its cost of goods sold. It is profit before Equity Residential operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equity Residential. It is also known as Equity Residential overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Equity Residential's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equity Residential current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.At this time, Equity Residential's Reconciled Depreciation is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense272.5M282.9M266.7M446.5M
Depreciation And Amortization838.3M882.2M901.5M617.3M

Equity Residential income statement Correlations

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0.29-0.240.190.310.390.050.270.280.08-0.290.01-0.170.67-0.27-0.11-0.37-0.37-0.390.060.29-0.24-0.17-0.60.88
Click cells to compare fundamentals

Equity Residential Account Relationship Matchups

Equity Residential income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization831.1M820.8M838.3M882.2M901.5M617.3M
Interest Expense390.1M365.1M272.5M282.9M266.7M446.5M
Selling General Administrative52.8M48.3M56.5M58.7M60.7M45.7M
Total Revenue2.7B2.6B2.5B2.7B2.9B2.1B
Gross Profit1.8B1.7B1.5B1.8B2.2B1.6B
Other Operating Expenses1.8B1.8B1.8B1.9B755.4M1.4B
Operating Income881.9M765.7M618.1M791.5M1.2B673.3M
Ebit881.9M765.7M618.1M791.5M1.2B721.0M
Ebitda1.7B1.6B1.5B1.7B1.2B1.3B
Total Operating Expenses883.8M869.1M894.8M940.9M60.7M57.7M
Income Before Tax939.4M932.4M1.4B812.9M875.0M670.3M
Net Income970.4M913.6M1.3B776.9M835.4M812.8M
Income Tax Expense(2.3M)852K915K900K39.6M41.6M
Total Other Income Expense Net57.6M166.7M782.9M21.4M(285.6M)(271.3M)
Cost Of Revenue908.3M916.4M948.8M982.6M694.7M754.6M
Net Income Applicable To Common Shares967.3M910.5M1.3B773.8M889.9M779.4M
Minority Interest36.0M34.0M(63.9M)(30.1M)(28.8M)(27.4M)
Net Income From Continuing Ops941.7M931.6M1.4B807.0M1.1B998.5M
Non Operating Income Net Other50.6M(14.9M)3.0M(16.5M)(19.0M)(18.0M)
Tax Provision(2.3M)852K915K900K1.1M1.1M
Interest Income2.8M5.9M25.7M289.5M8.6M8.2M
Net Interest Income(398.9M)(368.1M)(255.5M)(289.5M)(267.4M)(280.8M)
Reconciled Depreciation842.8M832.5M838.3M882.2M888.8M913.6M

Equity Residential Investors Sentiment

The influence of Equity Residential's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Equity Residential's public news can be used to forecast risks associated with an investment in Equity. The trend in average sentiment can be used to explain how an investor holding Equity can time the market purely based on public headlines and social activities around Equity Residential. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equity Residential's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equity Residential's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equity Residential's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Equity Residential.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equity Residential in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equity Residential's short interest history, or implied volatility extrapolated from Equity Residential options trading.

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 together with Equity Stock

  0.75PK Park Hotels Resorts Financial Report 6th of May 2024 PairCorr
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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
0.957
Dividend Share
2.65
Earnings Share
2.13
Revenue Per Share
7.588
Quarterly Revenue Growth
0.04
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.