Non-Current Liabilities

Operating And Finance Lease Liability

Equity Residential Operating And Finance Lease Liability decreased by 0.3% to $303.81M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $304.15M to $303.81M. Over 5 years (FY 2020 to FY 2025), Operating And Finance Lease Liability shows relatively stable performance with a -1.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates new long-term lease commitments, while a decrease reflects lease payments or contract terminations.

Detailed definition

This liability represents the present value of future lease payments for assets leased by the company, classified as lon...

Peer comparison

Standard under modern lease accounting standards; used to assess off-balance-sheet financing impact.

Metric ID: non_current_liabilities_operating_and_finance_lease_liability

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$314.38M$313.36M$312.34M$311.29M$310.51M$309.55M$308.75M$314.85M$313.87M$312.78M$311.64M$310.42M$309.18M$306.12M$304.90M$304.15M$302.85M$304.81M$304.58M$303.81M
QoQ Change-0.3%-0.3%-0.3%-0.3%-0.3%-0.3%+2.0%-0.3%-0.3%-0.4%-0.4%-0.4%-1.0%-0.4%-0.2%-0.4%+0.6%-0.1%-0.3%
YoY Change-1.2%-1.2%-1.1%+1.1%+1.1%+1.0%+0.9%-1.4%-1.5%-2.1%-2.2%-2.0%-2.0%-0.4%-0.1%-0.1%
Range$302.85M$314.85M
CAGR-0.7%
Avg YoY Growth-0.7%
Median YoY Growth-1.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Equity Residential's operating and finance lease liability?
Equity Residential (EQR) reported operating and finance lease liability of $303.81M in Q1 2026.
How has Equity Residential's operating and finance lease liability changed year-over-year?
Equity Residential's operating and finance lease liability decreased by 0.1% year-over-year, from $304.15M to $303.81M.
What is the long-term trend for Equity Residential's operating and finance lease liability?
Over 5 years (2020 to 2025), Equity Residential's operating and finance lease liability has grown at a -1.5% compound annual growth rate (CAGR), from $329.13M to $304.58M.
What does operating and finance lease liability mean?
The long-term financial obligation resulting from the company's lease agreements.