Operating
Equity Residential·Cash Flow Statement·27 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $396.9M | $401.4M | $354.2M | $425.5M | $359.5M | $476.7M | $387M | $400.5M |
| Depreciation and amortization | $224.4M | $237.9M | $264.2M | $256.7M | $240.9M | $254.7M | $258.1M | $247.5M |
| Depreciation | $224.4M | $237.9M | $264.2M | $256.7M | $240.9M | $254.7M | $258.1M | $247.5M |
| Net income | $183.6M | $148.5M | $433.9M | $264.8M | $198.8M | $296.9M | $391.5M | $93.1M |
| Change in accounts payable | — | $52.6M | — | $51.3M | — | $44.9M | — | $31.6M |
| Change in other assets | -$7.6M | $24.7M | $17.4M | -$25.4M | $44.1M | -$22M | $12.1M | -$31.2M |
| Increase (Decrease) in Other Operating Assets | -$7.6M | $24.7M | $17.4M | -$25.4M | $44.1M | -$22M | $12.1M | -$31.2M |
| Increase Decrease In Interest Payable Net | $16.4M | -$15M | $23.5M | -$23.9M | $25.4M | -$21.1M | — | -$21.4M |
| Stock-based compensation | $11.9M | $5.4M | $4.5M | $10.4M | $11.2M | $5.4M | $5.2M | $9.6M |
| Operating And Finance Lease Right Of Use Asset Amortization | $3.2M | $4.9M | $3.2M | $3.2M | $3.2M | $3.2M | $3.3M | $3.2M |
| Amortization of debt issuance costs | $1.9M | $1.9M | $2.1M | $2.1M | $2.1M | $2.1M | $2.4M | $2.1M |
| Amortization expense related to capitalized debt issuance costs | $1.9M | $1.9M | $2.1M | $2.1M | $2.1M | $2.1M | $2.4M | $2.1M |
| Change in other liabilities | $15.7M | $0 | $16.4M | -$21.6M | $10.2M | $23.7M | $23.9M | -$2.1M |
| Net gains (losses) on investments | — | $14.1M | — | -$6.4M | — | — | — | -$2M |
| Equity in earnings (losses) of equity method investees | -$1.7M | -$1.5M | -$4.1M | -$6.4M | -$5M | -$4M | -$3.5M | -$2M |
| Distributions from equity method investments | $122K | $165K | $109K | $150K | $93K | $2.5M | $1.8M | $1.5M |
| Distributions of earnings from equity method investees | $122K | $165K | $109K | $150K | $93K | $2.5M | $1.8M | $1.5M |
| Debt issuance costs and discount amortization | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M |
| Amortization Of Debt Discount Premium | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M |
| Expensed transaction, development and other pursuit costs, net of recoveries | $821K | $536K | $3.3M | $1.3M | $727K | $4.1M | $1.6M | $954K |
| Increase Decrease In Lease Liabilities | -$521K | -$2.3M | -$500K | -$541K | -$565K | -$560K | -$590K | -$616K |
| Amortization Of Deferred Hedge Gains | $596K | $607K | $677K | $683K | $262K | $275K | $279K | $282K |
| Increase Decrease In Security Deposits | $1M | $4.5M | $1.3M | $1.7M | $3.8M | $1.4M | — | $151K |
| Gains Losses On Sales Of Investment Real Estate | $39.8M | -$165K | $319M | $154.2M | $58.3M | $142.7M | $271.3M | -$32K |
| Gain (loss) on sale of assets | — | — | -$676K | -$40K | -$9K | -$2K | $0 | — |
| Gain (Loss) on Sale of Investments | — | — | -$676K | -$40K | -$9K | -$2K | $0 | — |
| Gain Loss On Sale Of Land Parcels | — | — | — | -$67K | -$11K | -$2K | $0 | — |