Equity Residential Past Earnings Performance
Past criteria checks 2/6
Equity Residential's earnings have been declining at an average annual rate of -0.5%, while the Residential REITs industry saw earnings growing at 25.5% annually. Revenues have been growing at an average rate of 2% per year. Equity Residential's return on equity is 8.6%, and it has net margins of 32.7%.
Key information
-0.5%
Earnings growth rate
-1.0%
EPS growth rate
Residential REITs Industry Growth | 14.7% |
Revenue growth rate | 2.0% |
Return on equity | 8.6% |
Net Margin | 32.7% |
Next Earnings Update | 30 Oct 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Equity Residential makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 2,917 | 954 | 60 | 0 |
31 Mar 24 | 2,900 | 915 | 60 | 0 |
31 Dec 23 | 2,874 | 832 | 61 | 0 |
30 Sep 23 | 2,846 | 680 | 61 | 0 |
30 Jun 23 | 2,817 | 830 | 60 | 0 |
31 Mar 23 | 2,787 | 915 | 58 | 0 |
31 Dec 22 | 2,735 | 774 | 59 | 0 |
30 Sep 22 | 2,681 | 1,142 | 60 | 0 |
30 Jun 22 | 2,609 | 1,251 | 60 | 0 |
31 Mar 22 | 2,520 | 1,343 | 58 | 0 |
31 Dec 21 | 2,464 | 1,330 | 57 | 0 |
30 Sep 21 | 2,432 | 1,056 | 54 | 0 |
30 Jun 21 | 2,432 | 715 | 52 | 0 |
31 Mar 21 | 2,487 | 659 | 49 | 0 |
31 Dec 20 | 2,572 | 911 | 48 | 0 |
30 Sep 20 | 2,642 | 947 | 49 | 0 |
30 Jun 20 | 2,705 | 1,123 | 49 | 0 |
31 Mar 20 | 2,721 | 1,171 | 52 | 0 |
31 Dec 19 | 2,701 | 967 | 53 | 0 |
30 Sep 19 | 2,670 | 795 | 54 | 0 |
30 Jun 19 | 2,637 | 743 | 55 | 0 |
31 Mar 19 | 2,608 | 547 | 53 | 0 |
31 Dec 18 | 2,578 | 654 | 54 | 0 |
30 Sep 18 | 2,556 | 663 | 53 | 0 |
30 Jun 18 | 2,528 | 586 | 53 | 0 |
31 Mar 18 | 2,500 | 668 | 54 | 0 |
31 Dec 17 | 2,471 | 600 | 52 | 0 |
30 Sep 17 | 2,446 | 752 | 51 | 0 |
30 Jun 17 | 2,428 | 822 | 51 | 0 |
31 Mar 17 | 2,411 | 844 | 55 | 0 |
31 Dec 16 | 2,426 | 4,289 | 58 | 0 |
30 Sep 16 | 2,524 | 4,215 | 61 | 0 |
30 Jun 16 | 2,614 | 4,204 | 64 | 0 |
31 Mar 16 | 2,698 | 4,271 | 62 | 0 |
31 Dec 15 | 2,745 | 863 | 65 | 0 |
30 Sep 15 | 2,706 | 877 | 60 | 0 |
30 Jun 15 | 2,674 | 902 | 55 | 0 |
31 Mar 15 | 2,648 | 727 | 53 | 0 |
31 Dec 14 | 2,615 | 626 | 51 | 0 |
30 Sep 14 | 2,589 | 472 | 56 | 0 |
30 Jun 14 | 2,552 | 222 | 61 | 0 |
31 Mar 14 | 2,516 | 40 | 63 | 0 |
31 Dec 13 | 2,388 | -247 | 62 | 0 |
Quality Earnings: 0IIB has a large one-off gain of $429.9M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 0IIB's current net profit margins (32.7%) are higher than last year (29.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0IIB's earnings have declined by 0.5% per year over the past 5 years.
Accelerating Growth: 0IIB's earnings growth over the past year (14.9%) exceeds its 5-year average (-0.5% per year).
Earnings vs Industry: 0IIB earnings growth over the past year (14.9%) did not outperform the Residential REITs industry 107.7%.
Return on Equity
High ROE: 0IIB's Return on Equity (8.6%) is considered low.