Geographic · Operating Lease Lease Income

Non Same Store — Operating Lease Lease Income

Equity Residential Non Same Store — Operating Lease Lease Income decreased by 48.0% to $32.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.6%, from $43.60M to $32.00M. Over 4 years (FY 2021 to FY 2025), Non Same Store — Operating Lease Lease Income shows an upward trend with a 49.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

Higher income signals successful integration and lease-up of new properties, whereas lower income may suggest slower-than-expected absorption or market headwinds.

Detailed definition

This metric measures the total rental revenue generated by properties within the non-same-store segment. It reflects the...

Peer comparison

Comparable to lease revenue from non-stabilized or development-lease-up portfolios at other residential REITs.

Metric ID: eqr_segment_non_same_store_operating_lease_lease_income

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$3.44M$15.70M$20.30M$34.69M$40.50M$42.71M$48.01M$20.97M$19.66M$19.04M$30.23M$12.95M$14.60M$25.39M$45.55M$43.60M$40.93M$51.87M$61.59M$32.00M
QoQ Change+357.0%+29.3%+70.9%+16.7%+5.4%+12.4%-56.3%-6.2%-3.2%+58.8%-57.2%+12.8%+73.9%+79.4%-4.3%-6.1%+26.7%+18.7%-48.0%
YoY Change>999%+172.0%+136.5%-39.6%-51.4%-55.4%-37.0%-38.3%-25.8%+33.4%+50.6%+236.7%+180.4%+104.3%+35.2%-26.6%
Range$3.44M$61.59M
CAGR+60.0%
Avg YoY Growth+109.6%
Median YoY Growth+34.3%

Frequently Asked Questions

What is Equity Residential's non same store — operating lease lease income?
Equity Residential (EQR) reported non same store — operating lease lease income of $32.00M in Q1 2026.
How has Equity Residential's non same store — operating lease lease income changed year-over-year?
Equity Residential's non same store — operating lease lease income decreased by 26.6% year-over-year, from $43.60M to $32.00M.
What is the long-term trend for Equity Residential's non same store — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's non same store — operating lease lease income has grown at a 49.7% compound annual growth rate (CAGR), from $39.44M to $197.99M.
What does non same store — operating lease lease income mean?
Total rental income earned from properties not yet classified as stabilized.