Equity Residential Management
Management criteria checks 4/4
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 $30.13M. 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 percentage | 7.9% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.3yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
Equity Residential: Price To AFFO And Dividend Yield Make Them A Hold
Sep 25Equity Residential: Good Quality But Pricey
Aug 24Equity Residential: It's Time To Be A 'Grave Dancer'
Jun 10Equity Residential: Management Hints At Attractive Entry Price For The Stock
May 02Equity Residential: Buy Into Fed's Rate Cuts
Mar 10Equity Residential: Further Improvement Necessary In West Coast Markets
Feb 06Equity Residential: Discounted Price Spells Opportunity
Jan 18Equity Residential: Lack Of Supply In Legacy Markets Should Buoy Rents
Dec 15Equity Residential: Low Yield, But Large Discount To NAV
Nov 13Equity Residential: Unlock Value In This Dividend Bargain
Sep 25Equity Residential: Positioned For A Double Total Return
Aug 02No Matter The Scenario, Equity Residential Is Strictly Better Than Treasuries
Jun 01Equity Residential Q4 2022 Earnings Preview
Feb 08Equity Residential Has Entered 'Buy' Territory
Jan 29Equity Residential declares $0.625 dividend
Dec 16Equity Residential: Declining Home Prices Will Create A Headwind To Rate Growth
Oct 28Equity Residential's Discounted Valuation Makes It An Attractive Buy
Oct 08Equity Residential declares $0.625 dividend
Sep 15Equity Residential sees 2022 revenue growth meeting, beating guidance midpoint
Aug 31Equity Residential: Inflation Protection And Shares Reasonably Valued
Aug 23Equity Residential FFO of $0.89 beats by $0.03, revenue of $687.03M beats by $14.05M
Jul 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$925m |
| Jun 30 2024 | n/a | n/a | US$954m |
| Mar 31 2024 | n/a | n/a | US$915m |
| Dec 31 2023 | US$11m | US$900k | US$832m |
| Sep 30 2023 | n/a | n/a | US$680m |
| Jun 30 2023 | n/a | n/a | US$830m |
| Mar 31 2023 | n/a | n/a | US$915m |
| Dec 31 2022 | US$11m | US$825k | US$774m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$8m | US$800k | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$715m |
| Mar 31 2021 | n/a | n/a | US$659m |
| Dec 31 2020 | US$8m | US$800k | US$911m |
| Sep 30 2020 | n/a | n/a | US$947m |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$7m | US$800k | US$967m |
| Sep 30 2019 | n/a | n/a | US$795m |
| Jun 30 2019 | n/a | n/a | US$743m |
| Mar 31 2019 | n/a | n/a | US$547m |
| Dec 31 2018 | US$4m | US$631k | US$654m |
| Sep 30 2018 | n/a | n/a | US$663m |
| Jun 30 2018 | n/a | n/a | US$586m |
| Mar 31 2018 | n/a | n/a | US$668m |
| Dec 31 2017 | US$3m | US$600k | US$600m |
Compensation vs Market: Mark's total compensation ($USD11.36M) is about average for companies of similar size in the US market ($USD12.88M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$11.36m | 0.11% $ 30.1m | |
| Executive VP & CFO | 6.3yrs | US$4.13m | 0.0057% $ 1.6m | |
| Executive VP & COO | 6.4yrs | US$4.57m | 0.0072% $ 2.0m | |
| Executive VP & Chief Investment Officer | 4.3yrs | US$4.06m | 0.016% $ 4.6m | |
| Executive VP | 6.9yrs | US$2.60m | 0.0094% $ 2.6m | |
| Senior VP & Chief Accounting Officer | 18.1yrs | no data | 0.0060% $ 1.7m | |
| First Vice President of Investor & Public Relations | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 3.7yrs | no data | 0.0042% $ 1.2m | |
| Senior Vice President of Financial Planning & Analysis | no data | no data | no data | |
| Executive Vice President of Investments | 9.8yrs | no data | 0.012% $ 3.4m |
6.3yrs
Average Tenure
57yo
Average Age
Experienced Management: EQR's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.9yrs | US$11.36m | 0.11% $ 30.1m | |
| Lead Independent Trustee | 9.9yrs | US$351.46k | 0.010% $ 2.9m | |
| Chairman of the Board | 18.9yrs | US$533.99k | 0.22% $ 60.8m | |
| Independent Trustee | 15yrs | US$324.96k | 0.011% $ 3.2m | |
| Independent Trustee | 13.4yrs | US$327.46k | 0.0080% $ 2.2m | |
| Independent Trustee | 18.4yrs | US$312.76k | 0.012% $ 3.5m | |
| Independent Trustee | 5.1yrs | US$296.73k | 0.0032% $ 878.6k | |
| Independent Trustee | 14.9yrs | US$302.46k | 0.0088% $ 2.5m | |
| Independent Trustee | 4yrs | US$311.20k | 0.0025% $ 702.9k | |
| Independent Trustee | less than a year | no data | 0.00097% $ 270.6k | |
| Independent Trustee | less than a year | no data | 0.0010% $ 284.5k |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Amanda Sweitzer | Baird |
| Richard Hightower | Barclays |