XNYSEQR
Market cap27bUSD
Dec 26, Last price
72.37USD
1D
1.09%
1Q
-3.95%
Jan 2017
12.21%
Name
Equity Residential
Chart & Performance
P/E
32.87
P/S
9.55
EPS
2.20
Div Yield, %
3.62%
Shrs. gr., 5y
0.37%
Rev. gr., 5y
2.19%
Revenues
2.87b
+5.07%
Net income
835m
+7.53%
CFO
1.53b
+58.62%
Dividend
Sep 24, 20240.675 USD/sh
Earnings
Jan 28, 2025
Profile
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 high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
IPO date
Aug 12, 1993
Employees
2,400
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2023‑03 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
| Income | |||||||||||
Revenues | 2,873,964 5.07% | 2,735,180 11.01% | 2,463,997 -4.19% | ||||||||
Cost of revenue | 1,107,209 | 1,041,291 | 1,005,298 | ||||||||
Unusual Expense (Income) | |||||||||||
NOPBT | 1,766,755 | 1,693,889 | 1,458,699 | ||||||||
NOPBT Margin | 61.47% | 61.93% | 59.20% | ||||||||
Operating Taxes | 1,148 | 900 | 915 | ||||||||
Tax Rate | 0.06% | 0.05% | 0.06% | ||||||||
NOPAT | 1,765,607 | 1,692,989 | 1,457,784 | ||||||||
Net income | 835,438 7.53% | 776,911 -41.71% | 1,332,850 45.88% | ||||||||
Dividends | (993,238) | (934,101) | (903,558) | ||||||||
Dividend yield | 4.15% | 4.07% | 2.57% | ||||||||
Proceeds from repurchase of equity | (49,105) | 139,623 | |||||||||
BB yield | 0.21% | -0.61% | |||||||||
| Debt | |||||||||||
Debt current | 409,131 | 129,955 | 315,030 | ||||||||
Long-term debt | 7,604,599 | 7,913,263 | 8,651,093 | ||||||||
Deferred revenue | 8,517,310 | 9,483,056 | |||||||||
Other long-term liabilities | 306,043 | (8,827,844) | (9,688,483) | ||||||||
Net debt | 7,680,938 | 7,710,325 | 8,714,843 | ||||||||
| Cash flow | |||||||||||
Cash from operating activities | 1,532,798 | 966,363 | 1,454,756 | 1,260,184 | |||||||
CAPEX | (1,851) | (232,241) | (168,647) | ||||||||
Cash from investing activities | (409,504) | 107,792 | (434,620) | ||||||||
Cash from financing activities | (1,120,471) | (1,785,612) | (565,056) | ||||||||
FCF | 1,653,720 | 55,997 | 1,701,680 | 1,486,859 | |||||||
| Balance | |||||||||||
Cash | 50,743 | 53,869 | 123,832 | ||||||||
Long term investments | 282,049 | 279,024 | 127,448 | ||||||||
Excess cash | 189,094 | 196,134 | 128,080 | ||||||||
Stockholders' equity | 1,976,510 | 2,224,867 | 2,565,063 | ||||||||
Invested Capital | 19,416,093 | 18,928,754 | 20,006,466 | ||||||||
ROIC | 9.21% | 8.70% | 7.43% | ||||||||
ROCE | 9.01% | 8.55% | 7.03% | ||||||||
| EV | |||||||||||
Common stock shares outstanding | 390,897 | 389,450 | 388,089 | ||||||||
Price | 61.16 3.66% | 60.00 1.69% | 59.00 -34.81% | 90.50 52.67% | |||||||
Market cap | 23,907,261 4.05% | 22,977,550 -34.58% | 35,122,054 53.54% | ||||||||
EV | 32,118,027 | 31,252,668 | 44,605,414 | ||||||||
EBITDA | 2,668,259 | 13,095 | 2,588,214 | 2,310,083 | |||||||
EV/EBITDA | 12.04 | 12.07 | 19.31 | ||||||||
Interest | 269,556 | 282,920 | 272,473 | ||||||||
Interest/NOPBT | 15.26% | 16.70% | 18.68% | ||||||||