Discontinued — last reported Q2 '23

Geographic · Operating Income

Non Same Store — Operating Income

Equity Residential Non Same Store — Operating Income decreased by 8.2% to $12.45M in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 49.9%, from $24.86M to $12.45M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ2 2023
Rolls up toOperating Income

How to read this metric

A positive and growing operating income signals successful asset maturation, whereas persistent losses may indicate challenges in the lease-up or integration process.

Detailed definition

This metric measures the operating profit or loss for the non-same-store segment after all direct operating expenses are...

Peer comparison

Standard segment-level operating income reporting used by publicly traded real estate companies.

Metric ID: eqr_segment_non_same_store_operating_income_loss

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$2.83M$9.79M$12.64M$20.51M$24.86M$25.64M$31.60M$13.56M$12.45M
QoQ Change+245.3%+29.2%+62.2%+21.2%+3.2%+23.2%-57.1%-8.2%
YoY Change+777.0%+162.0%+149.9%-33.9%-49.9%
Range$2.83M$31.60M
CAGR+109.6%
Avg YoY Growth+201.0%
Median YoY Growth+149.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is Equity Residential's non same store — operating income?
Equity Residential (EQR) reported non same store — operating income of $12.45M in Q2 2023.
How has Equity Residential's non same store — operating income changed year-over-year?
Equity Residential's non same store — operating income decreased by 49.9% year-over-year, from $24.86M to $12.45M.
What does non same store — operating income mean?
The total operating profit or loss generated by the non-stabilized property segment.