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Equity Residential EQR Non Same Store — Operating Lease Lease Income

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MAANon Same Store And Other — Operating Income Before Depreciation
$19.46M+29.5%
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MAANon Same Store And Other — Revenue
$36.75M+20.6%

Other financials

Income statement

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Revenue$779.8M+2.5%
Operating income$392.5M+61.9%
Net income$90.1M-64.9%
EPS (diluted)$0.24-64.2%

Balance sheet

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Cash & equivalents$34.7M-13.0%
Total debt$304.6M-0.1%
Total equity$10.7B-3.4%
Total assets$20.5B-0.2%

Cash flow

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Operating cash flow$400.5M-5.9%

Valuation

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Market cap$25.45B+2.1%
P/E26.7×+2.0×
P/S8.2×0.0×

Profitability

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Operating margin40.4%+4.3pp
Net margin30.6%-2.5pp
FCF margin51.5%

Returns & leverage

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Return on equity8.8%-0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Equity Residential in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

The official record: Equity Residential’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equity Residential's non same store — operating lease lease income?
Equity Residential (EQR) reported non same store — operating lease lease income of $32M in Q1 2026.
How has Equity Residential's non same store — operating lease lease income changed year-over-year?
Equity Residential's non same store — operating lease lease income increased by 205.9% year-over-year, from $10.46M to $32M.
What is the long-term trend for Equity Residential's non same store — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's non same store — operating lease lease income has grown at a 36.5% compound annual growth rate (CAGR), from $47.46M to $164.86M.
What does non same store — operating lease lease income mean?
This metric measures the total rental revenue generated by properties within the non-same-store segment. It reflects the income stream from recently acquired or developed assets that have not yet reached stabilized occupancy levels. This revenue is critical for assessing the immediate performance of new investments.