EQR Equity Residential

Price (delayed)

$55.43

Market cap

$19.96B

P/E Ratio

16.97

Dividend/share

$2.34

EPS

$3.16

Enterprise value

$28.78B

Sector: Real Estate
Industry: REIT - Residential
Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.

Highlights

EQR's net income has surged by 113% year-on-year and by 21% since the previous quarter
The EPS has soared by 112% YoY and by 21% from the previous quarter

Key stats

What are the main financial stats of EQR
Market
Shares outstanding
372.13M
Market cap
$19.96B
Enterprise value
$28.78B
Valuations
Price to earnings (P/E)
16.97
Price to book (P/B)
1.89
Price to sales (P/S)
7.33
EV/EBIT
18.54
EV/EBITDA
11.98
EV/Sales
10.58
Earnings
Revenue
$2.72B
EBIT
$1.55B
EBITDA
$2.4B
Free cash flow
$1.24B
Per share
EPS
$3.16
Free cash flow per share
$3.33
Book value per share
$28.31
Revenue per share
$7.32
TBVPS
$56.3
Balance sheet
Total assets
$20.92B
Total liabilities
$9.8B
Debt
$8.96B
Equity
$10.53B
Working capital
N/A
Liquidity
Debt to equity
0.85
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.67
Margins
EBITDA margin
88.3%
Gross margin
66.3%
Net margin
43.2%
Operating margin
33.6%
Efficiency
Return on assets
5.6%
Return on equity
11.4%
Return on invested capital
5.2%
Return on capital employed
N/A
Return on sales
57.1%
Dividend
Dividend yield
4.37%
DPS
$2.34
Payout ratio
74.1%

EQR stock price

How has the Equity Residential stock price performed over time

Financial performance

How have Equity Residential's revenue and profit performed over time
Revenue
$2.72B
Gross profit
$1.8B
Operating income
$913.05M
Net income
$1.17B
Gross margin
66.3%
Net margin
43.2%
EQR's net income has surged by 113% year-on-year and by 21% since the previous quarter
The net margin has soared by 105% YoY and by 20% from the previous quarter
The company's gross profit rose by 5% YoY
The company's operating income rose by 4.7% YoY

Valuation

What is Equity Residential stock price valuation
P/E
16.97
P/B
1.89
P/S
7.33
EV/EBIT
18.54
EV/EBITDA
11.98
EV/Sales
10.58
The EPS has soared by 112% YoY and by 21% from the previous quarter
The price to earnings (P/E) is 47% lower than the last 4 quarters average of 32.1 and 41% lower than the 5-year quarterly average of 28.6
The price to book (P/B) is 33% lower than the last 4 quarters average of 2.8 and 24% lower than the 5-year quarterly average of 2.5
The company's equity rose by 4.8% YoY and by 2.1% QoQ
The price to sales (P/S) is 30% lower than the last 4 quarters average of 10.5 and 26% lower than the 5-year quarterly average of 9.9
EQR's revenue is up by 4.3% year-on-year

Efficiency

How efficient is Equity Residential business performance
Equity Residential's ROE has soared by 111% YoY and by 20% from the previous quarter
The company's return on assets has surged by 107% YoY and by 22% QoQ
The company's return on invested capital has surged by 63% YoY and by 16% QoQ
The ROS has soared by 58% YoY and by 14% from the previous quarter

Dividends

What is EQR's dividend history
DPS
$2.34
Dividend yield
4.37%
Payout ratio
74.1%
Recent dividends

Financial health

How did Equity Residential financials performed over time
The total assets is 114% greater than the total liabilities
EQR's total liabilities is down by 3.6% since the previous quarter and by 2.7% year-on-year
The debt is 15% less than the equity
Equity Residential's debt to equity has decreased by 8% YoY and by 7% from the previous quarter
The company's equity rose by 4.8% YoY and by 2.1% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.