Equity Residential (EQR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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EQR Revenue Growth
Revenue Breakdown (FY 2020)
EQR's revenue distribution by segment and geography for fiscal year 2020
By Product/Segment
EQR Revenue Analysis (2014–2025)
As of May 6, 2026, Equity Residential (EQR) generated trailing twelve-month (TTM) revenue of $3.12 billion, reflecting modest growth of +2.5% year-over-year. The most recent quarter (Q1 2026) recorded $779.8 million in revenue, down 1.2% sequentially.
Looking at the longer-term picture, EQR's 5-year compound annual growth rate (CAGR) stands at +3.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $3.10 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows EQR's business is primarily driven by Other Rental Income (50%), Other Revenue (31%), and Parking Revenue (19%).
When compared to Real Estate sector peers including AVB (+4.3% YoY), ESS (+3.8% YoY), and UDR (+2.1% YoY), EQR has underperformed the peer group in terms of revenue growth. Compare EQR vs AVB →
EQR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EQRCurrent | $3.1B | +2.5% | +3.8% | 36.3% | |
 AVB | $3.0B | +4.3% | +5.7% | 30.1% | |
 ESS | $1.9B | +3.8% | +4.9% | 43.9% | |
 UDR | $1.7B | +2.1% | +6.6% | 18.8% | |
 CPT | $1.6B | -23.7% | +8.6% | 18.4% | |
 MAA | $2.2B | +0.8% | +5.7% | 28.0% |
EQR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.10B | +4.1% | $1.44B | 46.3% | $1.13B | 36.3% |
| 2024 | $2.98B | +3.7% | $1.89B | 63.3% | $1.82B | 61.2% |
| 2023 | $2.87B | +5.1% | $1.83B | 63.6% | $1.77B | 61.5% |
| 2022 | $2.74B | +11.0% | $1.75B | 64.1% | $1.69B | 61.9% |
| 2021 | $2.46B | -4.2% | $1.52B | 61.5% | $1.68B | 68.0% |
| 2020 | $2.57B | -4.8% | $1.66B | 64.4% | $1.32B | 51.2% |
| 2019 | $2.70B | +4.8% | $1.79B | 66.4% | $1.36B | 50.2% |
| 2018 | $2.58B | +4.3% | $1.70B | 65.9% | $1.11B | 43.2% |
| 2017 | $2.47B | +1.9% | $1.65B | 66.6% | $1.00B | 40.6% |
| 2016 | $2.43B | -11.6% | $1.62B | 66.8% | $856.1M | 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's revenue growth accelerating or slowing?
EQR revenue growth slowed to +2.5%, below the 5-year CAGR of +3.8%. TTM revenue is $3.1B. The deceleration marks a shift from historical growth rates.
What is EQR's long-term revenue growth rate?
Equity Residential's 5-year revenue CAGR of +3.8% reflects the variable expansion pattern. Current YoY growth of +2.5% is near this long-term average.
How is EQR's revenue distributed by segment?
EQR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.