Non-Current Assets

Operating And Finance Lease Right Of Use Asset

Equity Residential Operating And Finance Lease Right Of Use Asset decreased by 0.6% to $452.32M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $452.78M to $452.32M. Over 5 years (FY 2020 to FY 2025), Operating And Finance Lease Right Of Use Asset shows relatively stable performance with a -1.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase suggests expansion of leased operational footprint, while a decrease indicates lease expirations or asset impairments.

Detailed definition

This represents the capitalized value of the right to use leased assets over the lease term, recognized under accounting...

Peer comparison

Standard across all companies reporting under ASC 842 or IFRS 16, representing the asset side of lease accounting.

Metric ID: non_current_assets_operating_and_finance_lease_right_of__38eb69

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$480.67M$477.69M$474.71M$471.67M$468.83M$465.81M$462.96M$466.91M$463.70M$460.49M$457.27M$454.04M$450.80M$458.67M$455.45M$452.78M$449.58M$449.67M$454.92M$452.32M
QoQ Change-0.6%-0.6%-0.6%-0.6%-0.6%-0.6%+0.9%-0.7%-0.7%-0.7%-0.7%-0.7%+1.7%-0.7%-0.6%-0.7%+0.0%+1.2%-0.6%
YoY Change-2.5%-2.5%-2.5%-1.0%-1.1%-1.1%-1.2%-2.8%-2.8%-0.4%-0.4%-0.3%-0.3%-2.0%-0.1%-0.1%
Range$449.58M$480.67M
CAGR-1.3%
Avg YoY Growth-1.3%
Median YoY Growth-1.1%

Frequently Asked Questions

What is Equity Residential's operating and finance lease right of use asset?
Equity Residential (EQR) reported operating and finance lease right of use asset of $452.32M in Q1 2026.
How has Equity Residential's operating and finance lease right of use asset changed year-over-year?
Equity Residential's operating and finance lease right of use asset decreased by 0.1% year-over-year, from $452.78M to $452.32M.
What is the long-term trend for Equity Residential's operating and finance lease right of use asset?
Over 5 years (2020 to 2025), Equity Residential's operating and finance lease right of use asset has grown at a -1.8% compound annual growth rate (CAGR), from $499.29M to $454.92M.
What does operating and finance lease right of use asset mean?
The capitalized value of the company's right to use leased assets over the long term.