Equity Historical Income Statement

EQR Stock

USD 60.99 0.58 0.96%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

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 Expense	272.5M	282.9M	266.7M	446.5M
Depreciation And Amortization	838.3M	882.2M	901.5M	617.3M

Interest Expense Depreciation And Amortization

Equity Residential income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Total Other Income Expense Net	Cost Of Revenue	Minority Interest	Extraordinary Items	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.61	0.94	0.94	0.9	0.78	0.72	0.59	0.81	0.65	0.13	0.27	0.15	0.02	-0.57	0.01	0.19	0.11	0.13	-0.62	-0.03	-0.13	-0.29	0.29	0.29
Interest Expense	0.61		0.65	0.58	0.54	0.69	0.42	0.31	0.69	0.56	0.13	0.44	0.03	0.19	-0.71	0.21	0.46	0.4	0.14	-0.91	0.22	0.02	0.08	-0.32	-0.24
Selling General Administrative	0.94	0.65		0.94	0.92	0.76	0.8	0.7	0.85	0.6	0.3	0.4	0.18	0.2	-0.6	0.27	0.09	0.01	0.31	-0.71	0.15	-0.01	-0.25	0.23	0.19
Total Revenue	0.94	0.58	0.94		0.98	0.76	0.9	0.81	0.9	0.58	0.26	0.25	0.2	0.1	-0.59	0.14	-0.11	-0.19	0.27	-0.66	0.05	-0.15	-0.38	0.28	0.31
Gross Profit	0.9	0.54	0.92	0.98		0.63	0.94	0.87	0.82	0.4	0.26	0.22	0.38	0.06	-0.64	0.13	-0.15	-0.23	0.28	-0.62	0.05	-0.12	-0.43	0.34	0.39
Other Operating Expenses	0.78	0.69	0.76	0.76	0.63		0.46	0.34	0.92	0.89	0.18	0.28	-0.25	0.15	-0.31	0.13	0.12	0.05	0.16	-0.65	0.05	-0.18	-0.16	0.02	0.05
Operating Income	0.72	0.42	0.8	0.9	0.94	0.46		0.98	0.76	0.28	0.34	0.18	0.34	0.13	-0.59	0.25	-0.36	-0.43	0.36	-0.58	0.13	-0.12	-0.4	0.22	0.27
Ebit	0.59	0.31	0.7	0.81	0.87	0.34	0.98		0.67	0.16	0.38	0.16	0.37	0.17	-0.55	0.26	-0.48	-0.54	0.4	-0.5	0.18	-0.1	-0.41	0.22	0.28
Ebitda	0.81	0.69	0.85	0.9	0.82	0.92	0.76	0.67		0.77	0.31	0.3	-0.1	0.22	-0.45	0.25	-0.12	-0.19	0.3	-0.73	0.15	-0.2	-0.26	0.02	0.08
Total Operating Expenses	0.65	0.56	0.6	0.58	0.4	0.89	0.28	0.16	0.77		0.13	0.29	-0.62	0.21	-0.09	0.17	0.25	0.2	0.08	-0.54	0.09	-0.21	0.06	-0.26	-0.29
Income Before Tax	0.13	0.13	0.3	0.26	0.26	0.18	0.34	0.38	0.31	0.13		0.85	0.0	0.95	-0.13	0.15	-0.39	-0.41	1.0	-0.17	0.92	0.18	-0.42	0.04	0.01
Net Income	0.27	0.44	0.4	0.25	0.22	0.28	0.18	0.16	0.3	0.29	0.85		-0.05	0.91	-0.29	0.13	0.15	0.12	0.85	-0.35	0.91	0.23	-0.18	-0.13	-0.17
Income Tax Expense	0.15	0.03	0.18	0.2	0.38	-0.25	0.34	0.37	-0.1	-0.62	0.0	-0.05		-0.2	-0.52	-0.18	-0.15	-0.17	0.08	-0.05	-0.09	0.22	-0.39	0.63	0.67
Total Other Income Expense Net	0.02	0.19	0.2	0.1	0.06	0.15	0.13	0.17	0.22	0.21	0.95	0.91	-0.2		-0.06	0.18	-0.18	-0.19	0.93	-0.21	0.97	0.26	-0.2	-0.19	-0.27
Cost Of Revenue	-0.57	-0.71	-0.6	-0.59	-0.64	-0.31	-0.59	-0.55	-0.45	-0.09	-0.13	-0.29	-0.52	-0.06		0.08	-0.21	-0.15	-0.17	0.76	-0.14	-0.12	0.19	-0.11	-0.11
Minority Interest	0.01	0.21	0.27	0.14	0.13	0.13	0.25	0.26	0.25	0.17	0.15	0.13	-0.18	0.18	0.08		-0.06	-0.06	0.14	-0.23	0.13	0.07	0.32	-0.39	-0.37
Extraordinary Items	0.19	0.46	0.09	-0.11	-0.15	0.12	-0.36	-0.48	-0.12	0.25	-0.39	0.15	-0.15	-0.18	-0.21	-0.06		1.0	-0.4	-0.26	-0.13	0.1	0.51	-0.35	-0.37
Discontinued Operations	0.11	0.4	0.01	-0.19	-0.23	0.05	-0.43	-0.54	-0.19	0.2	-0.41	0.12	-0.17	-0.19	-0.15	-0.06	1.0		-0.42	-0.19	-0.14	0.1	0.54	-0.37	-0.39
Net Income From Continuing Ops	0.13	0.14	0.31	0.27	0.28	0.16	0.36	0.4	0.3	0.08	1.0	0.85	0.08	0.93	-0.17	0.14	-0.4	-0.42		-0.17	0.91	0.2	-0.45	0.09	0.06
Non Recurring	-0.62	-0.91	-0.71	-0.66	-0.62	-0.65	-0.58	-0.5	-0.73	-0.54	-0.17	-0.35	-0.05	-0.21	0.76	-0.23	-0.26	-0.19	-0.17		-0.22	-0.16	-0.03	0.26	0.29
Non Operating Income Net Other	-0.03	0.22	0.15	0.05	0.05	0.05	0.13	0.18	0.15	0.09	0.92	0.91	-0.09	0.97	-0.14	0.13	-0.13	-0.14	0.91	-0.22		0.27	-0.2	-0.23	-0.24
Tax Provision	-0.13	0.02	-0.01	-0.15	-0.12	-0.18	-0.12	-0.1	-0.2	-0.21	0.18	0.23	0.22	0.26	-0.12	0.07	0.1	0.1	0.2	-0.16	0.27		0.23	0.09	-0.17
Interest Income	-0.29	0.08	-0.25	-0.38	-0.43	-0.16	-0.4	-0.41	-0.26	0.06	-0.42	-0.18	-0.39	-0.2	0.19	0.32	0.51	0.54	-0.45	-0.03	-0.2	0.23		-0.55	-0.6
Net Interest Income	0.29	-0.32	0.23	0.28	0.34	0.02	0.22	0.22	0.02	-0.26	0.04	-0.13	0.63	-0.19	-0.11	-0.39	-0.35	-0.37	0.09	0.26	-0.23	0.09	-0.55		0.88
Reconciled Depreciation	0.29	-0.24	0.19	0.31	0.39	0.05	0.27	0.28	0.08	-0.29	0.01	-0.17	0.67	-0.27	-0.11	-0.37	-0.37	-0.39	0.06	0.29	-0.24	-0.17	-0.6	0.88

Click cells to compare fundamentals

Equity Residential Account Relationship Matchups

Equity Residential income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	831.1M	820.8M	838.3M	882.2M	901.5M	617.3M
Interest Expense	390.1M	365.1M	272.5M	282.9M	266.7M	446.5M
Selling General Administrative	52.8M	48.3M	56.5M	58.7M	60.7M	45.7M
Total Revenue	2.7B	2.6B	2.5B	2.7B	2.9B	2.1B
Gross Profit	1.8B	1.7B	1.5B	1.8B	2.2B	1.6B
Other Operating Expenses	1.8B	1.8B	1.8B	1.9B	755.4M	1.4B
Operating Income	881.9M	765.7M	618.1M	791.5M	1.2B	673.3M
Ebit	881.9M	765.7M	618.1M	791.5M	1.2B	721.0M
Ebitda	1.7B	1.6B	1.5B	1.7B	1.2B	1.3B
Total Operating Expenses	883.8M	869.1M	894.8M	940.9M	60.7M	57.7M
Income Before Tax	939.4M	932.4M	1.4B	812.9M	875.0M	670.3M
Net Income	970.4M	913.6M	1.3B	776.9M	835.4M	812.8M
Income Tax Expense	(2.3M)	852K	915K	900K	39.6M	41.6M
Total Other Income Expense Net	57.6M	166.7M	782.9M	21.4M	(285.6M)	(271.3M)
Cost Of Revenue	908.3M	916.4M	948.8M	982.6M	694.7M	754.6M
Net Income Applicable To Common Shares	967.3M	910.5M	1.3B	773.8M	889.9M	779.4M
Minority Interest	36.0M	34.0M	(63.9M)	(30.1M)	(28.8M)	(27.4M)
Net Income From Continuing Ops	941.7M	931.6M	1.4B	807.0M	1.1B	998.5M
Non Operating Income Net Other	50.6M	(14.9M)	3.0M	(16.5M)	(19.0M)	(18.0M)
Tax Provision	(2.3M)	852K	915K	900K	1.1M	1.1M
Interest Income	2.8M	5.9M	25.7M	289.5M	8.6M	8.2M
Net Interest Income	(398.9M)	(368.1M)	(255.5M)	(289.5M)	(267.4M)	(280.8M)
Reconciled Depreciation	842.8M	832.5M	838.3M	882.2M	888.8M	913.6M

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

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Moving against Equity Stock

0.74	OPI	Office Properties Financial Report 24th of April 2024	Pair Corr
0.6	KW	Kennedy Wilson Holdings Financial Report 1st of May 2024	Pair Corr
0.54	HR	Healthcare Realty Trust Financial Report 14th of May 2024	Pair Corr
0.47	HPP	Hudson Pacific Properties Financial Report 13th of May 2024	Pair Corr
0.46	ROIC	Retail Opportunity Earnings Call This Week	Pair Corr

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 Correlation Correlation 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:

How To Invest In Equity

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Is Equity Stock a good investment?

Details

What is Equity Residential's Net Worth?

Details

Largest Diversified REITs Companies

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To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Equity Residential's price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Equity Historical Income Statement

About Equity Income Statement Analysis

Equity Residential Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Equity Residential income statement Correlations

Equity Residential Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equity Residential income statement Accounts

Pair Trading with Equity Residential

Moving together with Equity Stock

Moving against Equity Stock

Complementary Tools for Equity Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Income Before Tax
Discontinued Operations	+ 1.0	Extraordinary Items
Gross Profit	+ 0.98	Total Revenue
Ebit	+ 0.98	Operating Income
Non Operating Income Net Other	+ 0.97	Total Other Income Expense Net
Total Other Income Expense Net	+ 0.95	Income Before Tax

Non Recurring	- 0.91	Interest Expense
Non Recurring	- 0.73	Ebitda
Non Recurring	- 0.71	Selling General Administrative
Cost Of Revenue	- 0.71	Interest Expense
Non Recurring	- 0.66	Total Revenue
Non Recurring	- 0.65	Other Operating Expenses