Business Segments · Operating Lease Lease Income

Same Store — Operating Lease Lease Income

Equity Residential Same Store — Operating Lease Lease Income increased by 10.3% to $746.48M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $715.80M to $746.48M. Over 4 years (FY 2021 to FY 2025), Same Store — Operating Lease Lease Income shows an upward trend with a 4.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher occupancy rates or the ability to implement rent growth across the stabilized portfolio.

Detailed definition

The total rental revenue generated from the company's stabilized apartment communities. This represents the core top-lin...

Peer comparison

Standard metric for all residential REITs, often compared against market-wide rent growth indices.

Metric ID: eqr_segment_same_store_operating_lease_lease_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$568.37M$581.82M$647.75M$618.36M$645.80M$650.71M$651.40M$681.68M$697.44M$704.09M$684.86M$716.67M$718.17M$722.31M$672.14M$715.80M$727.04M$727.56M$676.75M$746.48M
QoQ Change+2.4%+11.3%-4.5%+4.4%+0.8%+0.1%+4.6%+2.3%+1.0%-2.7%+4.6%+0.2%+0.6%-6.9%+6.5%+1.6%+0.1%-7.0%+10.3%
YoY Change+13.6%+11.8%+0.6%+10.2%+8.0%+8.2%+5.1%+5.1%+3.0%+2.6%-1.9%-0.1%+1.2%+0.7%+0.7%+4.3%
Range$568.37M$746.48M
CAGR+5.9%
Avg YoY Growth+4.6%
Median YoY Growth+3.6%

Frequently Asked Questions

What is Equity Residential's same store — operating lease lease income?
Equity Residential (EQR) reported same store — operating lease lease income of $746.48M in Q1 2026.
How has Equity Residential's same store — operating lease lease income changed year-over-year?
Equity Residential's same store — operating lease lease income increased by 4.3% year-over-year, from $715.80M to $746.48M.
What is the long-term trend for Equity Residential's same store — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's same store — operating lease lease income has grown at a 4.7% compound annual growth rate (CAGR), from $2.37B to $2.85B.
What does same store — operating lease lease income mean?
Total rental income earned from the company's stabilized real estate properties.