Products & Services · Operating Lease Lease Income Loss

Utility Recoveries — Operating Lease Lease Income Loss

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.

Analysis

StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026

How to read this metric

An increase suggests improved cost recovery efficiency or higher utility usage billing, while a decrease may indicate lower utility costs or reduced recovery effectiveness.

Detailed definition

This metric represents the income generated from the reimbursement of utility costs by tenants under operating lease agr...

Peer comparison

Comparable to utility reimbursement or expense recovery line items in other multi-family REITs and property management firms.

Metric ID: eqr_segment_utility_recoveries_operating_lease_lease_income_loss

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$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%
Range$18.73M$27.80M
CAGR+8.0%
Avg YoY Growth+8.4%
Median YoY Growth+7.8%

Frequently Asked Questions

What is Equity Residential's utility recoveries — operating lease lease income loss?
Equity Residential (EQR) reported utility recoveries — operating lease lease income loss of $26.99M in Q1 2026.
How has Equity Residential's utility recoveries — operating lease lease income loss changed year-over-year?
Equity Residential's utility recoveries — operating lease lease income loss increased by 5.9% year-over-year, from $25.50M to $26.99M.
What is the long-term trend for Equity Residential's utility recoveries — operating lease lease income loss?
Over 4 years (2021 to 2025), Equity Residential's utility recoveries — operating lease lease income loss has grown at a 8.6% compound annual growth rate (CAGR), from $75.57M to $105.18M.
What does utility recoveries — operating lease lease income loss mean?
The total income collected from tenants to reimburse the company for utility expenses incurred at the property level.