Equity Residential Utility Recoveries — Operating Lease Lease Income Loss decreased by 2.9% to $26.99M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $25.50M to $26.99M. Over 4 years (FY 2021 to FY 2025), Utility Recoveries — Operating Lease Lease Income Loss shows an upward trend with a 8.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests improved cost recovery efficiency or higher utility usage billing, while a decrease may indicate lower utility costs or reduced recovery effectiveness.
This metric represents the income generated from the reimbursement of utility costs by tenants under operating lease agr...
Comparable to utility reimbursement or expense recovery line items in other multi-family REITs and property management firms.
eqr_segment_utility_recoveries_operating_lease_lease_income_loss| 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 | $18.73M | $18.99M | $19.72M | $19.78M | $20.17M | $20.47M | $21.56M | $21.59M | $21.62M | $21.46M | $22.87M | $22.90M | $23.00M | $22.59M | $25.49M | $25.50M | $25.93M | $25.95M | $27.80M | $26.99M |
| QoQ Change | — | +1.4% | +3.9% | +0.3% | +2.0% | +1.5% | +5.3% | +0.1% | +0.1% | -0.7% | +6.5% | +0.1% | +0.4% | -1.8% | +12.8% | +0.0% | +1.7% | +0.1% | +7.1% | -2.9% |
| YoY Change | — | — | — | — | +7.7% | +7.8% | +9.3% | +9.2% | +7.1% | +4.9% | +6.0% | +6.0% | +6.4% | +5.3% | +11.5% | +11.4% | +12.8% | +14.9% | +9.0% | +5.9% |