Equity Residential (EQR) Earnings History
Annual and quarterly earnings data from 1993 to 2025
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EQR EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
EQR Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 46.3% | 36.3% | 36.1% |
| 2024 | 63.3% | 61.2% | 34.8% |
| 2023 | 63.6% | 61.5% | 29.1% |
| 2022 | 64.1% | 61.9% | 28.4% |
| 2021 | 61.5% | 68.0% | 54.1% |
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Equity Residential (EQR) Earnings Overview
As of May 6, 2026, Equity Residential (EQR) reported trailing twelve-month net income of $954M, reflecting +7.0% year-over-year growth. The company earned $2.48 per diluted share over the past four quarters, with a net profit margin of 36.1%.
Looking at the long-term picture, EQR's 5-year EPS compound annual growth rate (CAGR) stands at +5.1%, showing solid earnings momentum. The company achieved its highest annual net income of $4.29B in fiscal 2016.
Equity Residential maintains industry-leading profitability with a gross margin of 46.3%, operating margin of 36.3%, and net margin of 36.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including AVB ($1.05B net income, 34.6% margin), ESS ($576M net income, 35.4% margin), UDR ($491M net income, 22.1% margin), EQR has outperformed on profitability metrics. Compare EQR vs AVB →
EQR Earnings vs Peers
Earnings metrics vs comparable public companies
EQR Historical Earnings Data (1993–2025)
33 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.12B | +8.1% | $1.13B | $2.91 | 36.1% | 36.3% |
| 2024 | $1.04B | +24.0% | $1.82B | $2.72 | 34.8% | 61.2% |
| 2023 | $835M | +7.5% | $1.77B | $2.13 | 29.1% | 61.5% |
| 2022 | $777M | -41.7% | $1.69B | $2.05 | 28.4% | 61.9% |
| 2021 | $1.33B | +45.9% | $1.68B | $3.54 | 54.1% | 68.0% |
| 2020 | $914M | -5.8% | $1.32B | $2.27 | 35.5% | 51.2% |
| 2019 | $970M | +47.6% | $1.36B | $2.50 | 35.9% | 50.2% |
| 2018 | $658M | +9.0% | $1.11B | $1.71 | 25.5% | 43.2% |
| 2017 | $603M | -85.9% | $1.00B | $1.58 | 24.4% | 40.6% |
| 2016 | $4.29B | +393.3% | $856M | $11.24 | 176.9% | 35.3% |
Full EQR Stock Analysis
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Start ComparisonEQR — Frequently Asked Questions
Quick answers to the most common questions about buying EQR stock.
Is EQR growing earnings?
EQR EPS stands at $2.48, with +7.0% growth matching the 5-year CAGR of +5.1%. TTM net income is $954M. Earnings trajectory remains consistent.
What are EQR's profit margins?
Equity Residential net margin is +36.1%, with operating margin at +36.3%. Above-average margins indicate pricing power.
How consistent are EQR's earnings?
EQR earnings data spans 1993-2025. The current earnings trend is +7.0% YoY. Historical data enables comparison across business cycles.