Equity Residential

BMV:EQR * Stock Report

Market Cap: Mex$427.5b

Equity Residential Past Earnings Performance

Past criteria checks 1/6

Equity Residential has been growing earnings at an average annual rate of 1.7%, while the Residential REITs industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 1.6% per year. Equity Residential's return on equity is 8.2%, and it has net margins of 31.6%.

Key information

1.7%

Earnings growth rate

1.2%

EPS growth rate

Residential REITs Industry Growth12.9%
Revenue growth rate1.6%
Return on equity8.2%
Net Margin31.6%
Last Earnings Update31 Mar 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

BMV:EQR * Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 242,900915600
31 Dec 232,874832610
30 Sep 232,846680610
30 Jun 232,817830600
31 Mar 232,787915580
31 Dec 222,735774590
30 Sep 222,6811,142600
30 Jun 222,6091,251600
31 Mar 222,5201,343580
31 Dec 212,4641,330570
30 Sep 212,4321,056540
30 Jun 212,432715520
31 Mar 212,487659490
31 Dec 202,572911480
30 Sep 202,642947490
30 Jun 202,7051,123490
31 Mar 202,7211,171520
31 Dec 192,701967530
30 Sep 192,670795540
30 Jun 192,637743550
31 Mar 192,608547530
31 Dec 182,578654540
30 Sep 182,556663530
30 Jun 182,528586530
31 Mar 182,500668540
31 Dec 172,471600520
30 Sep 172,446752510
30 Jun 172,428822510
31 Mar 172,411844550
31 Dec 162,4264,289580
30 Sep 162,5244,215610
30 Jun 162,6144,204640
31 Mar 162,6984,271620
31 Dec 152,745863650
30 Sep 152,706877600
30 Jun 152,674902550
31 Mar 152,648727530
31 Dec 142,615626510
30 Sep 142,589472560
30 Jun 142,552222610
31 Mar 142,51640630
31 Dec 132,388-247620
30 Sep 132,193-230570
30 Jun 132,018-127530

Quality Earnings: EQR * has a large one-off gain of $392.6M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: EQR *'s current net profit margins (31.6%) are lower than last year (32.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: EQR *'s earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: EQR *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EQR * had negative earnings growth (-0.02%) over the past year, making it difficult to compare to the Residential REITs industry average (5.4%).

Return on Equity

High ROE: EQR *'s Return on Equity (8.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/28 13:17
End of Day Share Price 2024/02/29 00:00
Earnings2024/03/31
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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. 16 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