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Equity Residential (EQR)
NYSE:EQR
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Equity Residential (EQR) Income Statement

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Equity Residential Income Statement

Last quarter (Q3 2024), Equity Residential's total revenue was $748.35M, an increase of 4.33% from the same quarter last year. In Q3, Equity Residential's net income was $143.09M. See Equity Residential’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 2.93B$ 2.87B$ 2.74B$ 2.46B$ 2.57B$ 2.70B
Cost of Revenue
$ 512.25M$ 1.05B$ 982.58M$ 948.79M$ -916.38M$ -908.33M
Gross Profit
$ 2.68B$ 1.83B$ 1.75B$ 1.52B$ 1.66B$ 1.79B
Operating Expense
$ 1.24B$ 949.42M$ 1.81B$ 1.29B$ -869.14M$ -881.56M
Operating Income
$ 1.29B$ 1.16B$ 1.12B$ 1.68B$ 786.18M$ 910.80M
Net Non Operating Interest Income Expense
$ 263.18M$ 256.15M$ -280.73M$ -246.81M$ -368.08M$ -398.55M
Other Income Expense
$ 499.93M$ 253.12M$ 18.70M$ -1.08B$ -514.30M$ -495.40M
Pretax Income
$ 1.10B$ 875.01M$ 812.93M$ 1.40B$ 932.40M$ 1.01B
Tax Provision
$ 1.14M$ 1.15M$ 900.00K$ 915.00K$ 852.00K$ -2.28M
Earnings From Equity Interest Net Of Tax
$ -5.94M$ -5.38M$ -5.03M$ -3.40M$ -3.28M$ 65.94M
Net Income Common Stockholders
$ 802.87M$ 832.35M$ 773.82M$ 1.33B$ 910.55M$ 967.29M
Basic EPS
$ 2.12$ 2.20$ 2.06$ 3.56$ 2.45$ 2.61
Diluted EPS
$ 2.12$ 2.20$ 2.05$ 3.54$ 2.45$ 2.60
Basic Average Shares
$ 1.52B$ 378.77M$ 376.21M$ 373.83M$ 371.79M$ 370.46M
Diluted Average Shares
$ 1.56B$ 390.90M$ 389.45M$ 388.09M$ 385.87M$ 386.33M
Dividend Per Share
$ 2.68$ 2.64$ 0.63$ 0.60$ 2.41$ 2.27
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 1.49B$ 2.00B$ 1.70B$ 1.19B$ -1.79B$ 1.15B
Net Income From Continuing And Discontinued Operation
$ 805.13M$ 835.44M$ 776.91M$ 1.33B$ 913.64M$ 970.38M
Normalized Income
$ 292.69M----$ 1.45B
Interest Expense
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EBIT
$ 1.40B$ 1.14B$ 1.10B$ 1.67B$ 1.30B$ 1.33B
EBITDA
$ 2.34B$ 2.05B$ 1.99B$ 2.52B$ 2.13B$ 3.99B
Currency in USD

Equity Residential Earnings and Revenue History

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