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EQR - Equity Residential

NYSE -> Real Estate -> REIT—Residential
Chicago, United States
Type: Equity

EQR price evolution
EQR
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $140 $126.73 $124.64 $219.09
Short term investments
Net receivables
Inventory
Total current assets $50.74 $39.25 $35.7 $133.46
Long term investments
Property, plant & equipment $19359.57 $19455.31 $19424.21 $19356.16
Goodwill & intangible assets
Total noncurrent assets
Total investments $282.05 $313.23 $304.71 $292.28
Total assets $20034.56 $20108.97 $20145.73 $20102.53
Current liabilities
Accounts payable $104.43 $424.6 $377.16 $403.65
Deferred revenue
Short long term debt
Total current liabilities $810.19 $1352.03 $1011.16 $837.01
Long term debt $7390.45 $6981.62 $7258.44 $7312.09
Total noncurrent liabilities
Total debt $7702.09 $7792.04 $7756.78 $7626.95
Total liabilities $8948.74 $8565.31 $8563.87 $8432.52
Shareholders' equity
Retained earnings $1437.18 $1426.63 $1506.46 $1619.13
Other shareholder equity $5.7 $5.1 $3.71 -$11.23
Total shareholder equity $11085.83 $11061.86 $11023.87 $11137.29
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $140 $137.17 $360.24 $99.73
Short term investments
Net receivables
Inventory
Total current assets $50.74 $53.87 $123.83 $141.04
Long term investments $52.78
Property, plant & equipment $19359.57 $19523.86 $20393.34 $19842.96
Goodwill & intangible assets
Total noncurrent assets
Total investments $282.05 $279.02 $127.45 $52.78
Total assets $20034.56 $20218.26 $21169.24 $20286.89
Current liabilities
Accounts payable $104.43 $96.03 $340.51 $339.63
Deferred revenue
Short long term debt
Total current liabilities $810.19 $845.68 $860.67 $838.09
Long term debt $7390.45 $7364.69 $8269.28 $8044.26
Total noncurrent liabilities
Total debt $7702.09 $7734.47 $8653.79 $8373.39
Total liabilities $8948.74 $9044.82 $9483.06 $9184.45
Shareholders' equity
Retained earnings $1437.18 $1658.84 $1827.06 $1399.71
Other shareholder equity $5.7 -$2.55 -$34.27 -$43.67
Total shareholder equity $11085.83 $11173.44 $10954.95 $10525.65
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $727.5 $717.31 $705.09
Cost of revenue $258.53 $275.71
Gross Profit $475.37 $458.78 $429.37
Operating activities
Research & development
Selling, general & administrative $18.88 $16.16
Total operating expenses $238.37 $240.23 $232
Operating income $218.55 $197.38
Income from continuing operations
EBIT $205.13 $278.73
Income tax expense $0.26 $0.34 $0.3
Interest expense -$59.54 $65.59 $66.4
Net income
Net income $310.92 $139.2 $212.03
Income (for common shares) $138.43 $211.26
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $2873.96 $2735.18 $2571.7
Cost of revenue $982.58 $916.38
Gross Profit $1827.47 $1752.6 $1655.32
Operating activities
Research & development
Selling, general & administrative $58.71 $48.3
Total operating expenses $949.42 $940.88 $869.14
Operating income $811.72 $786.18
Income from continuing operations
EBIT $1060.73 $1279.56
Income tax expense $1.15 $0.9 $0.85
Interest expense -$256.15 $282.92 $365.07
Net income
Net income $832.35 $776.91 $913.64
Income (for common shares) $773.82 $910.55
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $311.69 $172.51 $139.2 $212.03
Operating activities
Depreciation $230.01 $227.95 $224.56 $218.98
Business acquisitions & disposals -$12.78 -$8.66 -$11.91 -$14.47
Stock-based compensation
Total cash flows from operations $344.27 $442.54 $352.7 $393.28
Investing activities
Capital expenditures $74.31 -$188.31 -$297 $61.14
Investments $0.09 $2.5 -$2.5 $0.45
Total cash flows from investing $58.85 -$197.08 -$315 $43.72
Financing activities
Dividends paid -$251.56 -$251.1 -$250.92 -$236.56
Sale and purchase of stock -$36.02 $0.58 $3.92 $9.56
Net borrowings -$91.97 -$5.88 $127.88 -$116.57
Total cash flows from financing -$389.86 -$243.38 -$132.14 -$355.09
Effect of exchange rate
Change in cash and equivalents $13.27 $2.08 -$94.44 $81.91
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $835.44 $776.91 $1332.85 $913.64
Operating activities
Depreciation $901.5 $894.33 $851.38 $832.44
Business acquisitions & disposals -$47.83 -$159.4 -$78.28 -$4.14
Stock-based compensation
Total cash flows from operations $1532.8 $1454.76 $1260.18 $1265.54
Investing activities
Capital expenditures -$349.87 $272.77 -$363.52 $668.5
Investments $0.54 $1.52 $23.11 -$0.77
Total cash flows from investing -$409.5 $107.79 -$434.62 $663.59
Financing activities
Dividends paid -$990.15 -$931.78 -$900.47 -$883.94
Sale and purchase of stock -$21.96 $168.87 $89.71 $16.78
Net borrowings -$86.54 -$929.34 $291.45 -$1002.08
Total cash flows from financing -$1120.47 -$1785.61 -$565.06 -$1946.39
Effect of exchange rate
Change in cash and equivalents $2.82 -$223.06 $260.51 -$17.27
Fundamentals
Market cap $23.72B
Enterprise value $31.28B
Shares outstanding 379.29M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q 3.97%
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 2.14
Book/Share 29.21
Cash/Share 0.37
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.81
Net debt/EBITDA N/A
Current ratio 0.06
Quick ratio 0.06