EQR

Equity Residential Properties Trust

Exchange: NYSESector: Real EstateIndustry: REIT - Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 319 properties consisting of 86,422 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.

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Earnings per share grew at a 2.4% CAGR.

Current Price

$65.17

-0.32%

GoodMoat Value

$50.44

22.6% overvalued

Profile

Valuation (TTM)

Market Cap$24.60B

P/E25.84

EV$30.54B

P/B2.23

Shares Out377.55M

P/Sales7.90

Revenue$3.11B

EV/EBITDA14.51

Equity Residential Properties Trust (EQR) Financial Statements

GoodMoat Analysis

Based on data as of March 26, 2026

Equity Residential's financial profile is stable but shows limited growth, with a focus on cash generation and a solid balance sheet. The company's 7.4% FCF yield and moderate debt level are favourable, but its 2% revenue growth and 10.1% ROE indicate a mature, low-growth business. This profile is more suited for income-oriented value investors than those seeking high growth.

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Equity Residential exhibits the financial hallmarks of a stable, mature REIT. Revenue growth is minimal at 2.0% YoY, which fails to meet the framework's preference for consistent double-digit growth. However, profitability metrics are strong, with a 36.2% profit margin and a 28.1% operating margin, suggesting efficient operations. Free cash flow generation is a clear strength, with a 7.4% FCF yield indicating healthy cash conversion, though we lack the specific FCF margin to compare against the >10-15% framework benchmark. The balance sheet is healthy, with a Debt/Equity ratio of 0.77, which is below the framework's caution threshold of 1.0x Debt/EBITDA, indicating a conservative capital structure. Return on Equity (ROE) of 10.1% is adequate but falls short of the framework's high-quality threshold of 15-20% for ROIC, suggesting capital is being deployed for steady returns rather than exceptional ones. The 4.70% dividend yield is supported by this cash flow. Overall, the financial quality is adequate, characterized by strong margins and cash flow but low growth and moderate returns on capital, aligning with a high-quality, low-growth income vehicle.

EQR Financial Data

EBITDA$2.28B

Revenue (TTM)$3.11B

Gross Profit (TTM)$1.95B

Gross Margin—

Operating Margin28.11%

ROE8.64%

ROA4.60%

Debt/Equity0.77

Current Ratio—

FCF$1.64B

FCF Yield6.65%

Piotroski F-Score—

Rev/Share (TTM)$8.25

50-Day MA$61.08

200-Day MA$61.29

Shares Outstanding0.38B

EQR Computed Insights

FCF$1.64B

FCF Growth Rate17.44%

EPS Growth (CAGR)2.42%

WACC10.00%

Income Statement

Balance Sheet

Cash Flow Statement

EQR Financial Statements & Data

Equity Residential Properties Trust (EQR) financial data including income statement, balance sheet, and cash flow statement. This page provides a comprehensive view of Equity Residential Properties Trust's financial performance and position as a Real Estate company.

Trailing twelve-month (TTM) revenue is $3.11B. Gross profit (TTM) is $1.95B. EBITDA is $2.28B. Earnings per share (EPS) is $2.94. The P/E ratio is 25.84. Market capitalization is $24.60B.

Free cash flow (FCF) is $1.64B. FCF growth rate is 17.44%. EPS growth CAGR is 2.42%. Weighted average cost of capital (WACC) is 10.00%.

Historical revenue data covers 7 years from FY19 to FY25. Net income history spans 7 years. Free cash flow and capital expenditure data spans 7 years. GoodMoat displays interactive charts for revenue, net income, FCF vs CAPEX, and cash-to-debt ratios to help investors identify financial trends.

Use Equity Residential Properties Trust's financial data to assess the company's earnings quality, balance sheet health, and cash generation. Compare key metrics across periods to identify trends before making investment decisions with GoodMoat's valuation tools.