Discontinued — last reported Q2 '23
Geographic · Operating Income
Seattle — Operating Income
Equity Residential Seattle — Operating Income decreased by 1.1% to $53.48M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $50.62M to $53.48M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ2 2023
Rolls up toOperating Income
How to read this metric
An increase reflects improved overall profitability and operational leverage within the Seattle market.
Detailed definition
This is the segment-level operating profit, representing the earnings from operations after accounting for all segment-s...
Peer comparison
Comparable to 'Segment Operating Income' reported by diversified real estate companies.
Metric ID:
eqr_segment_seattle_operating_income_lossHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $41.20M | $41.77M | $44.66M | $47.80M | $50.62M | $52.37M | $53.01M | $54.08M | $53.48M |
| QoQ Change | — | +1.4% | +6.9% | +7.0% | +5.9% | +3.5% | +1.2% | +2.0% | -1.1% |
| YoY Change | — | — | — | — | +22.8% | +25.4% | +18.7% | +13.1% | +5.7% |
Range$41.20M – $54.08M
CAGR+13.9%
Avg YoY Growth+17.1%
Median YoY Growth+18.7%
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Frequently Asked Questions
- What is Equity Residential's seattle — operating income?
- Equity Residential (EQR) reported seattle — operating income of $53.48M in Q2 2023.
- How has Equity Residential's seattle — operating income changed year-over-year?
- Equity Residential's seattle — operating income increased by 5.7% year-over-year, from $50.62M to $53.48M.
- What does seattle — operating income mean?
- The total operating profit generated by the Seattle business segment.