EQR
Income statement / Annual
Last year (2023), Equity Residential's total revenue was $2.87 B,
an increase of 5.07% from the previous year.
In 2023, Equity Residential's net income was $835.44 M.
See Equity Residential�s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$2.87 B
|
$2.74 B
|
$2.46 B
|
$2.57 B
|
$2.70 B
|
$2.58 B
|
$2.47 B
|
$2.43 B
|
$2.74 B
|
$2.61 B
|
Cost of Revenue |
$1.05 B |
$982.58 M |
$948.79 M |
$916.39 M |
$908.33 M |
$879.63 M |
$826.27 M |
$806.23 M |
$905.17 M |
$883.56 M |
Gross Profit |
$1.83 B |
$1.75 B |
$1.52 B |
$1.66 B |
$1.79 B |
$1.70 B |
$1.65 B |
$1.62 B |
$1.84 B |
$1.73 B |
Gross Profit Ratio |
0.64 |
0.64 |
0.61 |
0.64 |
0.66 |
0.66 |
0.67 |
0.67 |
0.67 |
0.66 |
Research and Development
Expenses |
$0.00
|
$0.30
|
$0.58
|
$0.37
|
$0.35
|
$0.17
|
$0.19
|
$0.17
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$60.72 M
|
$58.71 M
|
$56.51 M
|
$48.31 M
|
$52.76 M
|
$53.81 M
|
$52.22 M
|
$57.84 M
|
$65.08 M
|
$50.95 M
|
Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
Selling, General &
Administrative Expenses |
$60.72 M
|
$58.71 M
|
$56.51 M
|
$48.31 M
|
$52.76 M
|
$53.81 M
|
$52.22 M
|
$57.84 M
|
$65.08 M
|
$50.95 M
|
Other Expenses |
$606.17 M |
$882.17 M |
$838.27 M |
$820.83 M |
$831.08 M |
-$17.27 M |
-$5.19 M |
-$10.37 M |
-$2.94 M |
-$9.07 M |
Operating Expenses |
$666.89 M |
$940.88 M |
$894.78 M |
$869.14 M |
$883.84 M |
$839.54 M |
$795.97 M |
$763.49 M |
$830.98 M |
$809.81 M |
Cost And Expenses |
$1.71 B |
$1.92 B |
$1.84 B |
$1.79 B |
$1.79 B |
$1.72 B |
$1.62 B |
$1.57 B |
$1.74 B |
$1.69 B |
Interest Income |
$13.40 M |
$2.19 M |
$25.67 M |
$5.94 M |
$2.82 M |
$15.32 M |
$6.14 M |
$65.77 M |
$7.37 M |
$4.46 M |
Interest Expense |
$269.56 M |
$282.92 M |
$272.47 M |
$365.07 M |
$390.08 M |
$413.36 M |
$383.89 M |
$482.25 M |
$444.07 M |
$457.19 M |
Depreciation &
Amortization |
$901.50 M
|
$1.90 B
|
$1.81 B
|
$1.74 B
|
$1.78 B
|
$1.72 B
|
$1.63 B
|
$1.57 B
|
$765.90 M
|
$758.86 M
|
EBITDA |
$2.05 B
|
$1.71 B
|
$2.52 B
|
$2.13 B
|
$1.71 B
|
$1.65 B
|
$1.60 B
|
$1.57 B
|
$1.78 B
|
$1.68 B
|
EBITDA Ratio |
0.71 |
0.61 |
0.59 |
0.62 |
0.63 |
0.63 |
0.64 |
0.66 |
0.64 |
0.64 |
Operating Income Ratio
|
0.4
|
0.29
|
0.25
|
0.3
|
0.33
|
0.33
|
0.34
|
0.35
|
0.37
|
0.35
|
Total Other
Income/Expenses Net |
-$285.57 M
|
-$303.12 M
|
-$274.82 M
|
-$385.59 M
|
-$416.72 M
|
-$429.53 M
|
-$391.47 M
|
$3.60 B
|
-$115.72 M
|
-$260.47 M
|
Income Before Tax |
$875.01 M |
$812.93 M |
$1.40 B |
$932.40 M |
$939.44 M |
$688.75 M |
$613.06 M |
$4.46 B |
$893.51 M |
$661.17 M |
Income Before Tax Ratio
|
0.3
|
0.3
|
0.57
|
0.36
|
0.35
|
0.27
|
0.25
|
1.84
|
0.33
|
0.25
|
Income Tax Expense |
$1.15 M |
$900,000.00 |
$915,000.00 |
$852,000.00 |
-$2.28 M |
$878,000.00 |
$478,000.00 |
$1.61 M |
$917,000.00 |
$1.39 M |
Net Income |
$835.44 M |
$776.91 M |
$1.33 B |
$913.64 M |
$970.38 M |
$657.54 M |
$603.45 M |
$4.29 B |
$870.12 M |
$631.31 M |
Net Income Ratio |
0.29 |
0.28 |
0.54 |
0.36 |
0.36 |
0.26 |
0.24 |
1.77 |
0.32 |
0.24 |
EPS |
2.2 |
2.06 |
3.56 |
2.36 |
2.61 |
1.79 |
1.64 |
11.76 |
2.39 |
1.75 |
EPS Diluted |
2.13 |
2.05 |
3.54 |
2.27 |
2.5 |
1.71 |
1.58 |
11.24 |
2.29 |
1.67 |
Weighted Average Shares
Out |
$378.77 M
|
$376.21 M
|
$373.83 M
|
$371.79 M
|
$370.46 M
|
$368.05 M
|
$366.97 M
|
$365.00 M
|
$363.50 M
|
$361.18 M
|
Weighted Average Shares
Out Diluted |
$390.90 M
|
$389.45 M
|
$388.09 M
|
$385.87 M
|
$386.33 M
|
$383.70 M
|
$382.68 M
|
$381.99 M
|
$380.62 M
|
$377.74 M
|
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