What is Equity Residential's market cap?

Equity Residential (EQR) has a market capitalization of $25.6B and trades on NYSE.

What is Equity Residential's revenue and profitability?

Equity Residential generated $3.1B in trailing twelve-month revenue with net income of $953.6M, representing a net margin of 30.6%. These figures are based on the Q1 2026 filing.

Who are Equity Residential's competitors?

Equity Residential's key competitors include Essex Property Trust, Inc., AvalonBay Communities, Inc., UDR, Inc., and others. These companies compete in similar markets and product categories.

Who does Equity Residential partner with?

Equity Residential's notable partners include Employees1st.

What subsidiaries does Equity Residential have?

Equity Residential's subsidiaries include ERP Operating Limited Partnership.

Where is Equity Residential headquartered?

Equity Residential is headquartered in United States of America and employs approximately 2,400 people. It has been publicly traded since 1993.

Equity Residential

EQR

Equity Residential is a leading S&P 500 real estate investment trust (REIT) focused on the acquisition, development, and management of high-quality apartment properties.

Market cap

$25.6B+0.7%

Revenue$3.1B+3.4%

Net income$953.6M-4.3%

EPS (diluted)$2.51-4.2%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 28, 2026

Revenue$779.8MMiss by $1.9M EPS$0.99Beat by $0.04

Read the full report

Next report

Aug 3, 2026 (In 3 weeks)

Revenue estimate$787.7M

EPS estimate$0.45

Financials

Q1 2026

Income statement

See full

Revenue$779.8M+2.5%

Net income$90.1M-64.9%

EPS (diluted)$0.24-64.2%

Balance sheet

See full

Cash & equivalents$34.7M-13.0%

Total equity$10.7B-3.4%

Total assets$20.5B-0.2%

Cash flow

See full

Operating cash flow$400.5M-5.9%

Valuation & ratios

Valuation

See full

Market cap$25.6B+0.7%

P/E26.8×+1.7×

P/S8.2×-0.1×

Profitability

See full

Net margin30.6%-2.5pp

Returns & leverage

See full

Return on equity8.8%-0.2pp

Competitors

By market cap

AvalonBay Communities$26.8B-7.0%

Equity Residential$25.6B+0.7%

Essex Property Trust$18.7B+2.4%

Mid-America Apartment Communities$16.0B-8.9%

UDR$12.9B-4.3%

Camden Property Trust$11.3B-7.3%

Independence Realty Trust$4.0B-4.4%

Centerspace$931.7M-8.9%

By revenue growth

Camden Property Trust+51.3%

AvalonBay Communities+4.0%

Equity Residential+3.4%

Independence Realty Trust+3.3%

Centerspace+3.1%

UDR+2.2%

Mid-America Apartment Communities+0.8%

By net margin

Camden Property Trust3,074.46%+1,657pp

AvalonBay Communities37.38%-1.5pp

Equity Residential30.63%-2.5pp

UDR28.6%+21.0pp

Mid-America Apartment Communities17.6%-8.1pp

Centerspace11.14%+11.9pp

Independence Realty Trust7.41%+2.7pp

Profile

Equity Residential is a leading S&P 500 real estate investment trust (REIT) focused on the acquisition, development, and management of high-quality apartment properties. The company targets affluent, long-term renters in dynamic U.S. cities characterized by high single-family home ownership costs and strong job growth in knowledge-based sectors. Its core value proposition centers on providing an exceptional resident experience through an industry-leading operating platform and technology-driven management.

Competitive position

One of the largest U.S. publicly-traded owners and operators of high-quality rental apartment properties with a focus on knowledge-center markets.

GeographiesUnited States, Boston, New York, Washington D.C., Southern California, San Francisco, Seattle, Denver, Atlanta, Dallas/Ft. Worth, Austin

Customer segmentsHigh-income individuals, Young professionals, Urban and suburban residents

Business modelRental income, Property development, Asset management

SuppliersThird-party developers, Construction material suppliers, Technology and prop-tech providers, Municipalities and regulatory bodies

CustomersIndividual residential tenants, Joint venture partners

CountryUnited States of America

Listed1993

Employees2.4K

CEOMark J. Parrell

SectorReal Estate

IndustryREIT - Residential

Websiteequityapartments.com

FilingsSEC EDGAR

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Questions, answered.

What is Equity Residential's market cap?: Equity Residential (EQR) has a market capitalization of $25.6B and trades on NYSE.
What is Equity Residential's revenue and profitability?: Equity Residential generated $3.1B in trailing twelve-month revenue with net income of $953.6M, representing a net margin of 30.6%. These figures are based on the Q1 2026 filing.
Who are Equity Residential's competitors?: Equity Residential's key competitors include Essex Property Trust, Inc., AvalonBay Communities, Inc., UDR, Inc., and others. These companies compete in similar markets and product categories.
Who does Equity Residential partner with?: Equity Residential's notable partners include Employees1st.
What subsidiaries does Equity Residential have?: Equity Residential's subsidiaries include ERP Operating Limited Partnership.
Where is Equity Residential headquartered?: Equity Residential is headquartered in United States of America and employs approximately 2,400 people. It has been publicly traded since 1993.