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Equity Residential EQR Southern California — Operating Expenses

Other geography segments

Los Angeles
$39.75M+4.7%
San Francisco
$35.36M+1.6%
Boston
$27M+7.3%
Seattle
$19.98M+6.5%
Non Same Store
$13.17M+155%
Denver
$8.64M+2.2%
Atlanta
$8.54M
Dallas Austin
$7.9M
Orange County
$7.35M+1.7%
San Diego
$4.78M+2.4%

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CSRProperty operating expenses, excluding real estate taxes
$18.24M-4.3%

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:OperatingExpenses.

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 southern california — operating expenses?
Equity Residential (EQR) reported southern california — operating expenses of $51.89M in Q1 2026.
How has Equity Residential's southern california — operating expenses changed year-over-year?
Equity Residential's southern california — operating expenses increased by 4.1% year-over-year, from $49.86M to $51.89M.
What is the long-term trend for Equity Residential's southern california — operating expenses?
Over 4 years (2021 to 2025), Equity Residential's southern california — operating expenses has grown at a 2.4% compound annual growth rate (CAGR), from $179.59M to $197.19M.
What does southern california — operating expenses mean?
The aggregate costs associated with maintaining, managing, and operating apartment communities in the Southern California market. This includes property taxes, utilities, repairs, maintenance, and on-site personnel costs.