Equity Residential Net change in commercial paper decreased by 54.5% to $6.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.7%, from $11.48B to $6.69B. Over 4 years (FY 2021 to FY 2025), Net change in commercial paper shows an upward trend with a 57.9% CAGR.
An increase indicates the company is utilizing short-term debt to fund operations or bridge liquidity gaps, while a decrease suggests the company is paying down short-term obligations or shifting to other financing sources. Frequent or large net increases may signal a reliance on volatile short-term credit markets.
This metric represents the net change in short-term unsecured promissory notes issued by a company to meet immediate wor...
Common among large-cap technology and industrial firms with high working capital requirements; peers often use this as a flexible, low-cost alternative to revolving credit lines.
commercial_paper_net| 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 | $1.43B | $2.09B | $3.00B | $1.61B | $1.36B | $2.30B | $955.00M | $1.45B | $875.00M | $1.70B | $1.82B | $1.37B | $2.40B | $4.46B | $24.75B | $11.48B | $7.09B | $14.58B | $14.72B | $6.69B |
| QoQ Change | — | +45.6% | +43.7% | -46.4% | -15.7% | +69.5% | -58.5% | +52.2% | -39.8% | +94.0% | +7.1% | -24.7% | +75.3% | +85.8% | +454.7% | -53.6% | -38.3% | +105.6% | +1.0% | -54.5% |
| YoY Change | — | — | — | — | -5.3% | +10.2% | -68.2% | -9.7% | -35.5% | -26.2% | +90.5% | -5.7% | +174.4% | +162.8% | >999% | +737.8% | +195.2% | +226.6% | -40.5% | -41.7% |