Equity Residential Boston — Net Operating Income Loss From Rental Real Estate increased by 1.2% to $54.08M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.8%, from $56.22M to $54.08M. Over 2 years (FY 2023 to FY 2025), Boston — Net Operating Income Loss From Rental Real Estate shows relatively stable performance with a 2.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved property-level profitability and operational efficiency, while a decrease suggests margin compression due to rising costs or declining revenue.
This metric represents the profitability of the Boston property portfolio by subtracting property-level operating expens...
Comparable to 'Net Operating Income' (NOI) reported by other real estate investment trusts.
eqr_segment_boston_net_operating_income_loss_from_rental_real_estate| Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $48.17M | $49.50M | $52.72M | $56.82M | $51.77M | $52.33M | $56.71M | $59.09M | $58.79M | $57.97M | $56.22M | $58.73M | $55.82M | $53.42M | $54.08M |
| QoQ Change | — | +2.8% | +6.5% | +7.8% | -8.9% | +1.1% | +8.4% | +4.2% | -0.5% | -1.4% | -3.0% | +4.5% | -5.0% | -4.3% | +1.2% |
| YoY Change | — | — | — | — | +7.5% | +5.7% | +7.6% | +4.0% | +13.6% | +10.8% | -0.9% | -0.6% | -5.0% | -7.9% | -3.8% |