Discontinued — last reported Q2 '23

Business Segments · Operating Income

Same Store — Operating Income

Equity Residential Same Store — Operating Income increased by 5.2% to $478.41M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $444.43M to $478.41M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2015
Last reportedQ2 2023
Rolls up toOperating Income

How to read this metric

An increase indicates that the core business is becoming more profitable and efficient.

Detailed definition

The operating profit or loss derived specifically from the stabilized property segment. It serves as a measure of the se...

Peer comparison

Standard operating profit metric used across all real estate sectors to isolate core business performance.

Metric ID: eqr_segment_same_store_operating_income_loss

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$387.80M$395.27M$392.79M$408.37M$444.43M$445.68M$450.09M$454.89M$478.41M
QoQ Change+1.9%-0.6%+4.0%+8.8%+0.3%+1.0%+1.1%+5.2%
YoY Change+14.6%+12.8%+14.6%+11.4%+7.6%
Range$387.80M$478.41M
CAGR+11.1%
Avg YoY Growth+12.2%
Median YoY Growth+12.8%
Current Streak6 quarters growth

Frequently Asked Questions

What is Equity Residential's same store — operating income?
Equity Residential (EQR) reported same store — operating income of $478.41M in Q2 2023.
How has Equity Residential's same store — operating income changed year-over-year?
Equity Residential's same store — operating income increased by 7.6% year-over-year, from $444.43M to $478.41M.
What does same store — operating income mean?
The operating profit generated by the company's stabilized properties.