Parking Revenue — Operating Lease Lease Income
Equity Residential Parking Revenue — Operating Lease Lease Income decreased by 4.3% to $10.64M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $10.67M to $10.64M. Over 4 years (FY 2021 to FY 2025), Parking Revenue — Operating Lease Lease Income shows an upward trend with a 12.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher utilization or improved pricing power for parking assets, while a decrease suggests lower demand or reduced occupancy of parking facilities.
Detailed definition
This metric represents the total rental income generated from parking facilities classified as operating leases. It refl...
Peer comparison
Comparable to ancillary service revenue or parking income reported by other multi-family REITs and residential property managers.
eqr_segment_parking_revenue_operating_lease_lease_incomeHistorical Data
| 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 | $6.14M | $6.88M | $8.33M | $8.81M | $9.62M | $9.27M | $9.64M | $10.20M | $10.19M | $9.64M | $10.80M | $10.68M | $11.04M | $10.84M | $11.53M | $10.67M | $10.88M | $10.58M | $11.13M | $10.64M |
| QoQ Change | — | +12.1% | +21.1% | +5.7% | +9.3% | -3.7% | +4.0% | +5.9% | -0.1% | -5.4% | +12.1% | -1.2% | +3.4% | -1.8% | +6.3% | -7.4% | +1.9% | -2.8% | +5.2% | -4.3% |
| YoY Change | — | — | — | — | +56.8% | +34.7% | +15.6% | +15.8% | +5.9% | +4.0% | +12.1% | +4.7% | +8.3% | +12.5% | +6.7% | -0.0% | -1.4% | -2.4% | -3.5% | -0.3% |
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Frequently Asked Questions
- What is Equity Residential's parking revenue — operating lease lease income?
- Equity Residential (EQR) reported parking revenue — operating lease lease income of $10.64M in Q1 2026.
- How has Equity Residential's parking revenue — operating lease lease income changed year-over-year?
- Equity Residential's parking revenue — operating lease lease income decreased by 0.3% year-over-year, from $10.67M to $10.64M.
- What is the long-term trend for Equity Residential's parking revenue — operating lease lease income?
- Over 4 years (2021 to 2025), Equity Residential's parking revenue — operating lease lease income has grown at a 12.7% compound annual growth rate (CAGR), from $26.79M to $43.25M.
- What does parking revenue — operating lease lease income mean?
- The total income earned from leasing parking spaces under operating lease agreements.