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Equity Residential EQR Same Store — Operating Lease Lease Income

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UDRSame Communities — Operating Lease Lease Income Lease Payments
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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 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 2.2% year-over-year, from $730.63M 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 5.4% compound annual growth rate (CAGR), from $2.32B to $2.86B.
What does same store — operating lease lease income mean?
The total rental revenue generated from the company's stabilized apartment communities. This represents the core top-line performance of the portfolio that has been owned and operated for a full calendar year.