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Equity Residential EQR Seattle — Net Operating Income Loss From Rental Real Estate

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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 eqr:NetOperatingIncomeLossFromRentalRealEstate.

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 seattle — net operating income loss from rental real estate?
Equity Residential (EQR) reported seattle — net operating income loss from rental real estate of $47.07M in Q1 2026.
How has Equity Residential's seattle — net operating income loss from rental real estate changed year-over-year?
Equity Residential's seattle — net operating income loss from rental real estate decreased by 0.9% year-over-year, from $47.48M to $47.07M.
What is the long-term trend for Equity Residential's seattle — net operating income loss from rental real estate?
Over 3 years (2021 to 2025), Equity Residential's seattle — net operating income loss from rental real estate has grown at a 2.6% compound annual growth rate (CAGR), from $176.21M to $190.51M.
What does seattle — net operating income loss from rental real estate mean?
This is a key profitability measure calculated as total rental revenue minus property-level operating expenses for the Seattle segment. It excludes corporate overhead, interest, and depreciation to isolate the performance of the physical assets.