Equity Residential Los Angeles — Operating Expenses increased by 13.2% to $39.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $38.81M to $39.75M. Over 4 years (FY 2021 to FY 2025), Los Angeles — Operating Expenses shows relatively stable performance with a 1.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal rising property taxes, labor costs, or maintenance requirements, potentially compressing margins if revenue does not grow proportionally.
This metric captures the direct costs associated with managing and maintaining apartment communities in the Los Angeles...
Commonly reported as 'Property Operating Expenses' by residential REITs.
eqr_segment_los_angeles_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | 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 | $36.77M | $36.93M | $31.64M | $36.78M | $35.69M | $34.78M | $33.96M | $37.80M | $35.80M | $36.84M | $33.55M | $37.83M | $35.78M | $37.67M | $36.76M | $38.81M | $37.78M | $38.87M | $35.12M | $39.75M |
| QoQ Change | — | +0.4% | -14.3% | +16.2% | -2.9% | -2.5% | -2.4% | +11.3% | -5.3% | +2.9% | -8.9% | +12.8% | -5.4% | +5.3% | -2.4% | +5.6% | -2.6% | +2.9% | -9.6% | +13.2% |
| YoY Change | — | — | — | — | -2.9% | -5.8% | +7.3% | +2.8% | +0.3% | +5.9% | -1.2% | +0.1% | -0.0% | +2.3% | +9.6% | +2.6% | +5.6% | +3.2% | -4.5% | +2.4% |