Geographic · Operating Expenses

Seattle — Operating Expenses

Equity Residential Seattle — Operating Expenses increased by 28.2% to $19.98M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.6%, from $20.51M to $19.98M. Over 4 years (FY 2021 to FY 2025), Seattle — Operating Expenses shows relatively stable performance with a -0.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026

How to read this metric

An increase may signal rising labor, utility, or tax costs, while a decrease could indicate improved operational efficiency or reduced maintenance activity.

Detailed definition

This metric captures the direct costs associated with maintaining and operating apartment communities in the Seattle mar...

Peer comparison

Comparable to 'Property Operating Expenses' or 'Direct Property Costs' in the real estate sector.

Metric ID: eqr_segment_seattle_operating_expenses

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$19.37M$20.12M$18.92M$19.33M$19.51M$20.39M$19.88M$20.48M$21.25M$21.58M$19.17M$21.28M$22.01M$21.91M$16.65M$20.51M$19.91M$20.28M$15.58M$19.98M
QoQ Change+3.8%-5.9%+2.1%+1.0%+4.5%-2.5%+3.0%+3.7%+1.5%-11.2%+11.0%+3.5%-0.5%-24.0%+23.2%-2.9%+1.8%-23.2%+28.2%
YoY Change+0.7%+1.3%+5.1%+6.0%+8.9%+5.8%-3.6%+3.9%+3.6%+1.5%-13.1%-3.6%-9.5%-7.4%-6.4%-2.6%
Range$15.58M$22.01M
CAGR+0.7%
Avg YoY Growth-0.6%
Median YoY Growth+1.0%

Frequently Asked Questions

What is Equity Residential's seattle — operating expenses?
Equity Residential (EQR) reported seattle — operating expenses of $19.98M in Q1 2026.
How has Equity Residential's seattle — operating expenses changed year-over-year?
Equity Residential's seattle — operating expenses decreased by 2.6% year-over-year, from $20.51M to $19.98M.
What is the long-term trend for Equity Residential's seattle — operating expenses?
Over 4 years (2021 to 2025), Equity Residential's seattle — operating expenses has grown at a -0.6% compound annual growth rate (CAGR), from $78.21M to $76.28M.
What does seattle — operating expenses mean?
The total costs required to run and maintain the Seattle apartment properties.