Equity Financial Statements From 2010 to 2023

EQR Stock  USD 60.00  1.47  2.51%   
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.
There are over ninety-nine available fundamental signals for Equity Residential, which can be analyzed over time and compared to other ratios. Please make sure to verify Equity Residential's prevailing fundamental performance against the performance between 2010 and 2023 to make sure the trends are evolving in the right direction.
Equity Residential Net Income Per Employee is relatively stable at the moment as compared to the past year. Equity Residential reported last year Net Income Per Employee of 323,713. As of 04/01/2023, Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to grow to about 2.1 B, while Average Assets are likely to drop slightly above 19.6 B.
  
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 Direct Expenses of 879 M, Consolidated Income of 973 M or Cost of Revenue of 1 B, as well as many exotic indicators such as Interest Coverage of 2.29, Long Term Debt to Equity of 0.96 or Calculated Tax Rate of 0.12. Equity financial statements analysis is a perfect complement when working with Equity Residential Valuation or Volatility modules. It 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 Revenues

2.88 Billion

Equity Residential Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Accumulated Retained Earnings Deficit1.5 B1.7 B1.5 B
Up
Slightly volatile
Property Plant and Equipment Net18.8 B19.5 B19.6 B
Up
Slightly volatile
Trade and Non Trade Payables320.5 M340.6 M329.1 M
Up
Pretty Stable
Current Liabilities442.5 M475.9 M455.1 M
Up
Slightly volatile
Total Liabilities8.7 B8.5 B9.9 B
Down
Slightly volatile
Investments301.1 M279 M99.6 M
Up
Slightly volatile
Shareholders Equity USD11.8 B11.2 B9.9 B
Up
Slightly volatile
Shareholders Equity11.8 B11.2 B9.9 B
Up
Slightly volatile
Deposit Liabilities65.1 M68.9 M68 M
Down
Pretty Stable
Total Debt USDB7.7 B9.1 B
Down
Slightly volatile
Total DebtB7.7 B9.1 B
Down
Slightly volatile
Cash and Equivalents USD144.9 M137.2 M233.5 M
Down
Slightly volatile
Cash and Equivalents144.9 M137.2 M233.5 M
Down
Slightly volatile
Current Assets140.8 M137.2 M275 M
Down
Slightly volatile
Total Assets19.5 B20.2 B20.3 B
Up
Pretty Stable
Accounts Payable94 M96 M102.6 M
Up
Pretty Stable

Equity Residential Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense755 K900 K652.3 K
Down
Very volatile
Weighted Average Shares Diluted422.4 M389.4 M370.9 M
Up
Slightly volatile
Weighted Average Shares407.2 M376.2 M356.2 M
Up
Slightly volatile
Selling General and Administrative Expense54.1 M58.7 M53.8 M
Up
Pretty Stable
Revenues USD2.9 B2.7 B2.4 B
Up
Slightly volatile
Revenues2.9 B2.7 B2.4 B
Up
Slightly volatile
Preferred Dividends Income Statement Impact3.5 M2.8 M6.2 M
Down
Slightly volatile
Operating Income882 M811.7 M754.2 M
Up
Slightly volatile
Operating Expenses984.5 M940.9 M821.2 M
Up
Slightly volatile
Net Income to Non Controlling Interests34.3 M26.3 M46.1 M
Down
Pretty Stable
Net Income Common Stock USD930.5 M773.8 M1.2 B
Down
Very volatile
Net Income Common Stock930.5 M773.8 M1.2 B
Down
Very volatile
Net Income934.1 M776.9 M1.2 B
Down
Very volatile
Interest Expense322.5 M282.9 M411.9 M
Down
Slightly volatile
Gross Profit1.9 B1.8 B1.6 B
Up
Slightly volatile
Earning Before Interest and Taxes USD1.3 B1.1 B1.6 B
Down
Very volatile
Earning Before Interest and Taxes EBIT1.3 B1.1 B1.6 B
Down
Very volatile
Cost of RevenueB982.6 M840.3 M
Up
Slightly volatile
Consolidated Income973 M807 M1.2 B
Down
Very volatile
Direct Expenses879 M982.6 M860.8 M
Up
Slightly volatile

Equity Residential Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Operations1.5 B1.5 B1.2 B
Up
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals1.6 M1.5 M7.9 M
Up
Very volatile
Net Cash Flow from Investing167.3 M107.8 M181 M
Up
Very volatile
Issuance Repayment of Debt Securities (1 B)(929.3 M)(644.1 M)
Up
Pretty Stable
Issuance Purchase of Equity Shares169.5 M168.9 M372.7 M
Down
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(172 M)(159.4 M)(306.5 M)
Up
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents(228.9 M)(223.1 M)(9.9 M)
Down
Pretty Stable
Depreciation Amortization and Accretion938.8 M894.3 M800.2 M
Up
Slightly volatile
Capital Expenditure412 M272.8 M510.7 M
Down
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share52.7353.74257.5038
Down
Slightly volatile
Sales per Share7.827.276.7941
Up
Slightly volatile
Return on Sales0.490.3880.675
Down
Pretty Stable
Return on Invested Capital0.04270.0370.0535
Down
Pretty Stable
Return on Average Equity0.08740.070.1218
Down
Pretty Stable
Return on Average Assets0.04480.0380.0565
Down
Very volatile
Price to Sales Ratio9.988.1159.853
Up
Pretty Stable
Price to Earnings Ratio30.7228.64126.3902
Up
Slightly volatile
Price to Book Value2.451.9962.4083
Up
Pretty Stable
Payout Ratio1.181.2140.9195
Up
Slightly volatile
Profit Margin0.360.2830.4931
Down
Pretty Stable
Gross Margin0.610.6410.6491
Down
Slightly volatile
Free Cash Flow per Share4.634.5924.8876
Down
Very volatile
Enterprise Value over EBITDA16.9315.33615.1335
Up
Slightly volatile
Enterprise Value over EBIT29.2128.024.5865
Up
Slightly volatile
Earnings per Basic Share USD2.532.063.2744
Down
Very volatile
Earnings per Diluted Share2.522.053.2565
Down
Very volatile
Earnings per Basic Share2.532.063.2744
Down
Very volatile
EBITDA Margin0.80.7151.0101
Down
Slightly volatile
Dividends per Basic Common Share2.642.52.916
Up
Very volatile
Dividend Yield0.04230.0420.0451
Up
Very volatile
Debt to Equity Ratio0.820.7621.0247
Down
Slightly volatile
Current Ratio0.290.28820.6478
Down
Slightly volatile
Book Value per Share31.9529.727.8643
Up
Slightly volatile
Asset Turnover0.140.1340.1182
Up
Slightly volatile
Total Assets Per Share61.2453.426757.4967
Down
Very volatile
Cash Flow Per Share3.413.84423.3062
Up
Slightly volatile
Return on Investment3.954.2844.0219
Up
Pretty Stable
Operating Margin28.4829.677130.4017
Up
Pretty Stable
Calculated Tax Rate0.120.11070.2574
Down
Slightly volatile
Receivables TurnoverKK3.3 K
Down
Slightly volatile
Cash and Equivalents Turnover11.1910.997712.7122
Up
Slightly volatile
Accounts Payable Turnover30.9726.942129.1512
Down
Slightly volatile
Accrued Expenses Turnover8.378.91028.7164
Up
Slightly volatile
Interest Coverage2.292.80431.9574
Up
Slightly volatile
Long Term Debt to Equity0.960.66461.0431
Down
Slightly volatile
Quick Ratio0.260.25610.6138
Down
Slightly volatile
Net Current Assets as percentage of Total Assets(1.72)(1.6754)(0.7835)
Down
Slightly volatile
Revenue to Assets0.120.13530.121
Up
Slightly volatile

Equity Residential Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Asset Value19.5 B20.2 B20.3 B
Up
Pretty Stable
Market Capitalization26 B22.3 B23.7 B
Up
Slightly volatile
Invested Capital Average27.7 B28.4 B29.4 B
Up
Very volatile
Invested Capital27.3 B27.8 B29.2 B
Up
Very volatile
Free Cash Flow1.7 B1.7 B1.7 B
Down
Very volatile
Enterprise Value35.4 B30 B32.9 B
Up
Slightly volatile
Average Equity11.6 B11 B9.6 B
Up
Slightly volatile
Earnings before Tax934.8 M777.8 M1.2 B
Down
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization USD2.1 BB2.4 B
Down
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.1 BB2.4 B
Down
Very volatile
Average Assets19.6 B20.5 B20.3 B
Up
Slightly volatile
Revenue Per Employee947.2 K1.1 M833.7 K
Up
Slightly volatile
Net Income Per Employee336.1 K323.7 K389.6 K
Up
Pretty Stable

Equity Fundamental Market Drivers

Forward Price Earnings36.7647
Cash And Short Term Investments53.9 M

Equity Upcoming Events

25th of April 2023
Upcoming Quarterly Report
View
25th of July 2023
Next Financial Report
View
31st of March 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
31st of December 2022
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 2023
Cost of Revenue982.6 MB
Revenues2.7 B2.9 B
Revenue to Assets 0.14  0.12 
Revenue Per Employee1.1 M947.2 K

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equity Residential without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

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 Residential

+0.95NXRTNexpoint Residential Report 25th of April 2023 PairCorr
+0.8AIVApartment Investment And Report 8th of May 2023 PairCorr
+0.88AMHAmerican Homes 4 Report 4th of May 2023 PairCorr
+0.98AVBAvalonBay Communities Report 26th of April 2023 PairCorr
+0.87BRTBRT Realty Trust Report 8th of May 2023 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 equities. 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
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for analysis

When running Equity Residential 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 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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Transaction History
View history of all your transactions and understand their impact on performance
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Transaction History
View history of all your transactions and understand their impact on performance
CEO Directory
Screen CEOs from public companies around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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
(0.70) 
Dividend Share
2.5
Earnings Share
1.98
Revenue Per Share
7.27
Quarterly Revenue Growth
0.085
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 Equity Residential value 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.