Equity Residential Southern California — Operating Expenses increased by 10.7% to $51.89M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $50.75M to $51.89M. Over 4 years (FY 2021 to FY 2025), Southern California — Operating Expenses shows relatively stable performance with a 1.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal rising inflation in property management costs or strategic reinvestment, while a decrease suggests improved operational efficiency.
The aggregate costs associated with maintaining, managing, and operating apartment communities in the Southern Californi...
Commonly reported as 'Property Operating Expenses' in segment disclosures for real estate firms.
eqr_segment_southern_california_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $47.44M | $48.14M | $42.16M | $48.13M | $46.70M | $46.68M | $45.44M | $50.18M | $48.73M | $49.96M | $45.57M | $50.63M | $48.50M | $50.99M | $47.25M | $50.75M | $49.37M | $51.10M | $46.86M | $51.89M |
| QoQ Change | — | +1.5% | -12.4% | +14.1% | -3.0% | -0.0% | -2.7% | +10.4% | -2.9% | +2.5% | -8.8% | +11.1% | -4.2% | +5.1% | -7.3% | +7.4% | -2.7% | +3.5% | -8.3% | +10.7% |
| YoY Change | — | — | — | — | -1.6% | -3.0% | +7.8% | +4.3% | +4.3% | +7.0% | +0.3% | +0.9% | -0.5% | +2.1% | +3.7% | +0.2% | +1.8% | +0.2% | -0.8% | +2.2% |