EQR Equity Residential

Price (delayed)

$46.39

Market cap

$17.27B

P/E Ratio

15.31

Dividend/share

$2.38

EPS

$3.03

Enterprise value

$25.77B

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

The price to earnings (P/E) is 45% lower than the 5-year quarterly average of 28.0 and 44% lower than the last 4 quarters average of 27.5
The debt has contracted by 7% YoY and by 2.4% from the previous quarter
EQR's net income has surged by 51% year-on-year but it is down by 4.1% since the previous quarter
The EPS has soared by 51% YoY but it has decreased by 4.1% from the previous quarter

Key stats

What are the main financial stats of EQR
Market
Shares outstanding
372.21M
Market cap
$17.27B
Enterprise value
$25.77B
Valuations
Price to earnings (P/E)
15.31
Price to book (P/B)
1.63
Price to sales (P/S)
6.38
EV/EBIT
17.44
EV/EBITDA
11.05
EV/Sales
9.53
Earnings
Revenue
$2.7B
EBIT
$1.48B
EBITDA
$2.33B
Free cash flow
$1.57B
Per share
EPS
$3.03
Free cash flow per share
$4.23
Book value per share
$28.48
Revenue per share
$7.28
TBVPS
$55.72
Balance sheet
Total assets
$20.71B
Total liabilities
$9.54B
Debt
$8.75B
Equity
$10.6B
Working capital
N/A
Liquidity
Debt to equity
0.83
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.65
Margins
EBITDA margin
86.2%
Gross margin
66.2%
Net margin
41.6%
Operating margin
33.1%
Efficiency
Return on assets
5.4%
Return on equity
10.8%
Return on invested capital
4.9%
Return on capital employed
N/A
Return on sales
54.6%
Dividend
Dividend yield
5.12%
DPS
$2.38
Payout ratio
78.4%

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
$2.7B
Gross profit
$1.79B
Operating income
$895.27M
Net income
$1.13B
Gross margin
66.2%
Net margin
41.6%
EQR's net income has surged by 51% year-on-year but it is down by 4.1% since the previous quarter
The net margin has grown by 47% YoY but it has contracted by 3.7% from the previous quarter
The company's gross profit rose by 2.8% YoY
EQR's revenue is up by 2.6% year-on-year

Growth

What is Equity Residential's growth rate over time

Valuation

What is Equity Residential stock price valuation
P/E
15.31
P/B
1.63
P/S
6.38
EV/EBIT
17.44
EV/EBITDA
11.05
EV/Sales
9.53
The EPS has soared by 51% YoY but it has decreased by 4.1% from the previous quarter
The price to earnings (P/E) is 45% lower than the 5-year quarterly average of 28.0 and 44% lower than the last 4 quarters average of 27.5
The price to book (P/B) is 37% lower than the last 4 quarters average of 2.6 and 32% lower than the 5-year quarterly average of 2.4
The company's equity rose by 4.4% YoY
The price to sales (P/S) is 36% lower than the last 4 quarters average of 9.9 and 35% lower than the 5-year quarterly average of 9.8
EQR's revenue is up by 2.6% year-on-year

Efficiency

How efficient is Equity Residential business performance
The company's return on assets has surged by 50% YoY but it fell by 3.6% QoQ
Equity Residential's ROE has increased by 48% YoY but it has decreased by 5% from the previous quarter
The company's return on invested capital rose by 26% YoY but it fell by 6% QoQ
The ROS has increased by 25% YoY but it has decreased by 4.4% from the previous quarter

Dividends

What is EQR's dividend history
DPS
$2.38
Dividend yield
5.12%
Payout ratio
78.4%
Recent dividends

Financial health

How did Equity Residential financials performed over time
The total assets is 117% greater than the total liabilities
EQR's total liabilities is down by 6% year-on-year and by 2.6% since the previous quarter
The debt is 17% less than the equity
Equity Residential's debt to equity has decreased by 11% YoY and by 2.4% from the previous quarter
The debt has contracted by 7% YoY and by 2.4% from the previous quarter

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