Geographic · Operating Expenses

Non Same Store — Operating Expenses

Equity Residential Non Same Store — Operating Expenses decreased by 41.1% to $13.17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.7%, from $16.00M to $13.17M. Over 4 years (FY 2021 to FY 2025), Non Same Store — Operating Expenses shows an upward trend with a 37.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026

How to read this metric

An increase relative to revenue may signal operational inefficiencies or higher-than-expected costs to bring new properties up to standard, while a decrease suggests effective cost management.

Detailed definition

This metric represents the total costs incurred to operate properties within the non-same-store segment, including maint...

Peer comparison

Standard operating expense reporting for non-stabilized portfolios across the REIT sector.

Metric ID: eqr_segment_non_same_store_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.76M$6.78M$10.38M$14.18M$15.65M$17.07M$16.42M$7.41M$7.22M$7.28M$9.89M$6.09M$6.30M$9.37M$14.12M$16.00M$15.38M$18.96M$22.37M$13.17M
QoQ Change+286.2%+53.2%+36.6%+10.3%+9.1%-3.8%-54.9%-2.6%+0.8%+35.9%-38.4%+3.4%+48.8%+50.7%+13.3%-3.9%+23.3%+18.0%-41.1%
YoY Change+791.5%+151.9%+58.2%-47.8%-53.9%-57.4%-39.8%-17.8%-12.8%+28.7%+42.8%+162.6%+144.2%+102.3%+58.4%-17.7%
Range$1.76M$22.37M
CAGR+52.9%
Avg YoY Growth+80.9%
Median YoY Growth+35.8%

Frequently Asked Questions

What is Equity Residential's non same store — operating expenses?
Equity Residential (EQR) reported non same store — operating expenses of $13.17M in Q1 2026.
How has Equity Residential's non same store — operating expenses changed year-over-year?
Equity Residential's non same store — operating expenses decreased by 17.7% year-over-year, from $16.00M to $13.17M.
What is the long-term trend for Equity Residential's non same store — operating expenses?
Over 4 years (2021 to 2025), Equity Residential's non same store — operating expenses has grown at a 37.5% compound annual growth rate (CAGR), from $20.36M to $72.70M.
What does non same store — operating expenses mean?
Total operating costs associated with running non-stabilized properties.