Equity Residential

DB:EQR Stock Report

Market Cap: €26.7b

Equity Residential Management

Management criteria checks 3/4

Equity Residential's CEO is Mark Parrell, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is $11.36M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €28.87M. The average tenure of the management team and the board of directors is 6.3 years and 9.9 years respectively.

Key information

Mark Parrell

Chief executive officer

US$11.4m

Total compensation

CEO salary percentage7.9%
CEO tenure6.3yrs
CEO ownership0.1%
Management average tenure6.3yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Parrell's remuneration changed compared to Equity Residential's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$925m

Jun 30 2024n/an/a

US$954m

Mar 31 2024n/an/a

US$915m

Dec 31 2023US$11mUS$900k

US$832m

Sep 30 2023n/an/a

US$680m

Jun 30 2023n/an/a

US$830m

Mar 31 2023n/an/a

US$915m

Dec 31 2022US$11mUS$825k

US$774m

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$8mUS$800k

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$715m

Mar 31 2021n/an/a

US$659m

Dec 31 2020US$8mUS$800k

US$911m

Sep 30 2020n/an/a

US$947m

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$1b

Dec 31 2019US$7mUS$800k

US$967m

Sep 30 2019n/an/a

US$795m

Jun 30 2019n/an/a

US$743m

Mar 31 2019n/an/a

US$547m

Dec 31 2018US$4mUS$631k

US$654m

Sep 30 2018n/an/a

US$663m

Jun 30 2018n/an/a

US$586m

Mar 31 2018n/an/a

US$668m

Dec 31 2017US$3mUS$600k

US$600m

Compensation vs Market: Mark's total compensation ($USD11.36M) is above average for companies of similar size in the German market ($USD4.86M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Parrell (57 yo)

6.3yrs

Tenure

US$11,361,059

Compensation

Mr. Mark J. Parrell serves as Director at Real Estate Roundtable since July 1, 2021. He has been the Chief Executive Officer and Trustee at Equity Residential since January 1, 2019 and its President since...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Parrell
President6.3yrsUS$11.36m0.11%
€ 28.9m
Robert Garechana
Executive VP & CFO6.3yrsUS$4.13m0.0057%
€ 1.5m
Michael Manelis
Executive VP & COO6.4yrsUS$4.57m0.0072%
€ 1.9m
Alexander Brackenridge
Executive VP & Chief Investment Officer4.3yrsUS$4.06m0.016%
€ 4.4m
Scott Fenster
Executive VP6.9yrsUS$2.60m0.0094%
€ 2.5m
Ian Kaufman
Senior VP & Chief Accounting Officer18.1yrsno data0.0060%
€ 1.6m
Martin McKenna
First Vice President of Investor & Public Relationsno datano datano data
Catherine Carraway
Executive VP & Chief Human Resources Officer3.7yrsno data0.0042%
€ 1.1m
John Lennox
Senior Vice President of Financial Planning & Analysisno datano datano data
Barry Altshuler
Executive Vice President of Investments9.8yrsno data0.012%
€ 3.3m

6.3yrs

Average Tenure

57yo

Average Age

Experienced Management: EQR's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mark Parrell
President5.9yrsUS$11.36m0.11%
€ 28.9m
Stephen Sterrett
Lead Independent Trustee9.9yrsUS$351.46k0.010%
€ 2.8m
David Neithercut
Chairman of the Board18.9yrsUS$533.99k0.22%
€ 58.3m
Linda Bynoe
Independent Trustee15yrsUS$324.96k0.011%
€ 3.1m
Mary Haben
Independent Trustee13.4yrsUS$327.46k0.0080%
€ 2.1m
John Neal
Independent Trustee18.4yrsUS$312.76k0.012%
€ 3.3m
Tahsinul Huque
Independent Trustee5.1yrsUS$296.73k0.0032%
€ 842.0k
Mark Shapiro
Independent Trustee14.9yrsUS$302.46k0.0088%
€ 2.4m
Angela Aman
Independent Trustee4yrsUS$311.20k0.0025%
€ 673.6k
Ann Hoff
Independent Trusteeless than a yearno data0.00097%
€ 259.3k
Nina Jones
Independent Trusteeless than a yearno data0.0010%
€ 272.7k

9.9yrs

Average Tenure

62yo

Average Age

Experienced Board: EQR's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Equity Residential is covered by 54 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Amanda SweitzerBaird
Richard HightowerBarclays