Discontinued — last reported Q4 '25

Geographic · Operating Expenses

Other Expansion Markets — Operating Expenses

Equity Residential Other Expansion Markets — Operating Expenses decreased by 6.1% to $7.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.8%, from $7.86M to $7.80M. Over 3 years (FY 2022 to FY 2025), Other Expansion Markets — Operating Expenses shows an upward trend with a 4.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

An increase relative to revenue may signal declining operational efficiency or inflationary pressure on property-level costs.

Detailed definition

This metric captures the direct costs associated with operating and maintaining residential properties within the expans...

Peer comparison

Comparable to 'Property Operating Expenses' or 'Direct Property Costs' reported by peer REITs.

Metric ID: eqr_segment_other_expansion_markets_operating_expenses

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$6.49M$7.38M$8.01M$7.47M$7.96M$8.35M$7.93M$5.70M$8.04M$8.16M$6.31M$7.86M$8.36M$9.17M$8.30M$7.80M
QoQ Change+13.6%+8.6%-6.7%+6.6%+4.8%-5.0%-28.1%+41.1%+1.5%-22.7%+24.5%+6.4%+9.7%-9.5%-6.1%
YoY Change+22.7%+13.2%-1.0%-23.8%+1.0%-2.3%-20.4%+37.9%+4.0%+12.4%+31.6%-0.8%
Range$5.70M$9.17M
CAGR+5.0%
Avg YoY Growth+6.2%
Median YoY Growth+2.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Equity Residential's other expansion markets — operating expenses?
Equity Residential (EQR) reported other expansion markets — operating expenses of $7.80M in Q4 2025.
How has Equity Residential's other expansion markets — operating expenses changed year-over-year?
Equity Residential's other expansion markets — operating expenses decreased by 0.8% year-over-year, from $7.86M to $7.80M.
What is the long-term trend for Equity Residential's other expansion markets — operating expenses?
Over 3 years (2022 to 2025), Equity Residential's other expansion markets — operating expenses has grown at a 4.6% compound annual growth rate (CAGR), from $29.35M to $33.63M.
What does other expansion markets — operating expenses mean?
The total costs incurred to operate and maintain residential properties in the expansion market segment.