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Equity Residential EQR Other Rental Income — Operating Lease Lease Income

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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 other rental income — operating lease lease income?
Equity Residential (EQR) reported other rental income — operating lease lease income of $22.62M in Q1 2026.
How has Equity Residential's other rental income — operating lease lease income changed year-over-year?
Equity Residential's other rental income — operating lease lease income decreased by 4.4% year-over-year, from $23.65M to $22.62M.
What is the long-term trend for Equity Residential's other rental income — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's other rental income — operating lease lease income has grown at a 1.4% compound annual growth rate (CAGR), from $97.4M to $103.05M.
What does other rental income — operating lease lease income mean?
This metric represents the revenue generated from operating leases within the company's secondary or ancillary rental income segment. It captures income streams derived from non-core rental activities, such as short-term equipment rentals, amenity fees, or specialized lease arrangements that fall outside of primary residential unit leasing. This figure provides insight into the diversification of the company's revenue base beyond standard apartment unit occupancy.