Non-Current Assets
Construction in progress
Equity Residential Construction in progress decreased by 14.5% to $85.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 40.6%, from $144.71M to $85.97M. Over 5 years (FY 2020 to FY 2025), Construction in progress shows a downward trend with a -24.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
Parent metricPP&E (Net)
How to read this metric
A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.
Detailed definition
The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....
Peer comparison
Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.
Metric ID:
ppe_construction_in_progressHistorical Data
20 periods
| 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 | $372.24M | $163.66M | $24.31M | $36.72M | $65.16M | $89.35M | $112.94M | $132.34M | $50.92M | $61.41M | $78.04M | $155.73M | $188.28M | $222.06M | $261.71M | $144.71M | $168.63M | $163.19M | $100.56M | $85.97M |
| QoQ Change | — | -56.0% | -85.1% | +51.1% | +77.5% | +37.1% | +26.4% | +17.2% | -61.5% | +20.6% | +27.1% | +99.6% | +20.9% | +17.9% | +17.9% | -44.7% | +16.5% | -3.2% | -38.4% | -14.5% |
| YoY Change | — | — | — | — | -82.5% | -45.4% | +364.6% | +260.4% | -21.9% | -31.3% | -30.9% | +17.7% | +269.8% | +261.6% | +235.4% | -7.1% | -10.4% | -26.5% | -61.6% | -40.6% |
Range$24.31M – $372.24M
CAGR-26.5%
Avg YoY Growth+65.7%
Median YoY Growth-16.2%
Current Streak3 quarters decline
Construction in progress at Other Companies
Frequently Asked Questions
- What is Equity Residential's construction in progress?
- Equity Residential (EQR) reported construction in progress of $85.97M in Q1 2026.
- How has Equity Residential's construction in progress changed year-over-year?
- Equity Residential's construction in progress decreased by 40.6% year-over-year, from $144.71M to $85.97M.
- What is the long-term trend for Equity Residential's construction in progress?
- Over 5 years (2020 to 2025), Equity Residential's construction in progress has grown at a -24.5% compound annual growth rate (CAGR), from $411.13M to $100.56M.
- What does construction in progress mean?
- The value of capital projects currently being built but not yet in use.