Discontinued — last reported Q2 '23

Geographic · Operating Income

Southern California — Operating Income

Equity Residential Southern California — Operating Income increased by 6.1% to $126.84M in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 3.8%, from $131.79M to $126.84M. This is a positive signal — higher values indicate stronger performance for this metric.

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 regional profitability and operational leverage.

Detailed definition

The operating profit or loss for the Southern California segment, typically derived after accounting for property-level...

Peer comparison

Standard 'Segment Operating Income' reported in financial statement footnotes.

Metric ID: eqr_segment_southern_california_operating_income_loss

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$112.06M$117.94M$116.93M$116.93M$131.79M$125.97M$125.43M$119.53M$126.84M
QoQ Change+5.3%-0.9%+0.0%+12.7%-4.4%-0.4%-4.7%+6.1%
YoY Change+17.6%+6.8%+7.3%+2.2%-3.8%
Range$112.06M$131.79M
CAGR+6.4%
Avg YoY Growth+6.0%
Median YoY Growth+6.8%

Frequently Asked Questions

What is Equity Residential's southern california — operating income?
Equity Residential (EQR) reported southern california — operating income of $126.84M in Q2 2023.
How has Equity Residential's southern california — operating income changed year-over-year?
Equity Residential's southern california — operating income decreased by 3.8% year-over-year, from $131.79M to $126.84M.
What does southern california — operating income mean?
The operating profit generated by the Southern California business segment.