Equity Residential
EQR · Price history
Price chart data is not currently available.
Company & revenue
About Equity Residential
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Equity Residential is committed to cultivating vibrant living environments where residents can flourish. This S&P 500 firm specializes in the acquisition, development, and ongoing management of rental properties, strategically located within or near thriving metropolitan areas that attract desirable, long-term tenants. The company's substantial portfolio includes ownership or investment in 305 properties, comprising a total of 78,568 apartment units, situated in key markets such as Boston, New York, Washington, D.
How they make money
Equity Residential is a real estate investment trust that generates revenue primarily through the ownership, development, and management of high-quality multifamily apartment properties. The company focuses on attracting affluent long-term renters in high-growth urban and suburban markets across the United States, deriving income from rental payments and property appreciation.
Products & services
Multifamily residential apartment properties and property management services.
Brands & revenue mix
The primary brand under which the company owns and manages its portfolio of rental properties.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
- Multifamily residential apartment rentersSource
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
- Property management software and utility service providers — The company utilizes various third-party vendors for property maintenance, utility services, and administrative software; specific supplier names are not disclosed.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
30
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
49
Weak
Financial Strength
59
Business Quality / Moat
35
Management
56
Growth Quality
28
Risk / Durability
75
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
19
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
26/100
Building Historical Record
Model Score 26/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •M&A headline · Aug 12, 2026
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for EQR
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can EQR maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is EQR's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is EQR's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What future growth or profitability would be needed to justify EQR's current valuation?
Essential Investment Snapshot
Wall Street Score
30
Opportunity Score
19
Market Cap
$23.87B
P/E Ratio
27.6
EPS
$2.31
52-Week High
$71.50
52-Week Low
$57.57
Beta
0.75
Intrinsic Value
$39.38
Analyst Target
$72.00
Shares Outstanding
388.7M
Total Revenue
$3.14B
Total Debt
$8.57B
Dividend Yield (TTM)
4.40%
Liquidation Value / Share
$28.00
Dividend / Share (TTM)
$2.80
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Neutral / mixed momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for EQR
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
M&A headline · Aug 12, 2026
Equity Residential and AvalonBay Communities Announce Shareholder Approvals for Merger to Create Vivmark Residential — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
Business WireCommunity Sentiment
0 active · 0 total callsNo personal call yet on EQR.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +High-quality portfolio in high-growth expansion markets.
- +Disciplined capital deployment and strong balance sheet.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the REIT - Residential industry.
- −Market volatility and economic downturns affecting rental demand.
- −Interest rate fluctuations impacting financing costs and property valuations.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
30
Sep 21, 2026
Change
+0.1
points
Current Score
30
Oct 1, 2026
Category Changes
EQR increased 0.1 points because overall fundamentals improved.
Projected Score
Projected Score
23
Projected Change
-7.0 points
Preliminary comparable-period financial changes suggest decline of approximately 7.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
OvervaluedCurrent Price
$63.66
Model Intrinsic Value
$39.38
Difference
+$24.28
+61.7% vs IV
Margin of Safety
-61.7%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.14B | $3.10B | $2.98B | $2.87B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $1.69B | $1.66B | $1.09B | $1.05B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $1.44B | $1.44B | $1.89B | $1.83B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $48.2M | $51.5M | $61.7M | $60.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $559.5M | $309.8M | $61.7M | $60.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $2.27B | $2.34B | $1.84B | $1.78B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $882.0M | $1.13B | $1.82B | $1.77B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $326.2M | $237.4M | $285.7M | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $902.8M | $1.16B | $1.07B | $869.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $3.6M | $6.6M | $1.3M | $1.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $875.4M | $1.12B | $1.04B | $835.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $2.31 | $2.97 | $2.73 | $2.20 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 382M | 379M | 379M | 379M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 384M | 389M | 391M | 391M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$785.0M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.30
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-1.3%
Cash Change
+16.4%
Margin Change
-10.5 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
- Debt reduced
What Weakened
- Margins contracted
Potential Score Impact
Positive indicators included revenue growth, cash levels, debt levels. Pressure indicators included EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 2.1%. EPS declined 40.0%. Cash increased 16.4%. Total debt declined 1.3%. Net income margin declined by 10.5 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
7
Smart Money
7
Number of Gurus
1
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
REIT - ResidentialNews
Equity Residential $EQR Shares Acquired by Bank of America Corp DE
Equity Residential $EQR is Adelante Capital Management LLC’s 9th Largest Position
Is Equity Residential (EQR) a Bargain After 3.5% Drop? GF Value Says Undervalued
Vivmark Residential Launches as One of the Country's Leading Real Estate Companies
Rumor Mill · EQR
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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