Equity Financial Statements From 2010 to 2022

EQR
 Stock
  

USD 72.93  0.71  0.98%   

Equity Residential financial statements provide useful quarterly and yearly information to potential Equity Residential investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Equity Residential financial statements helps investors assess Equity Residential's valuation, profitability, and current liquidity needs.
There are over ninety-eight available fundamental signals for Equity Residential, which can be analyzed over time and compared to other ratios. Please make sure to verify Equity Residential's prevailing fundamental performance against the performance between 2010 and 2022 to make sure the trends are evolving in the right direction.
Equity Residential Average Assets are relatively stable at the moment as compared to the past year. Equity Residential reported last year Average Assets of 20.62 Billion. As of 07/05/2022, Average Equity is likely to grow to about 11.1 B, while Revenue Per Employee is likely to drop slightly above 876.7 K.
  
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Check Equity Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equity main balance sheet or income statement drivers, such as Direct Expenses of 856.9 M, Consolidated Income of 1.3 B or Cost of Revenue of 977.7 M, as well as many exotic indicators such as Interest Coverage of 2.03, Long Term Debt to Equity of 1.03 or Calculated Tax Rate of 0.067. Equity financial statements analysis is a perfect complement when working with Equity Residential Valuation or Volatility modules. It can also supplement various Equity Residential Technical models. Continue to the analysis of Equity Residential Correlation against competitors.

Equity Residential Revenues

2.68 Billion

Share

Equity Residential Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets23.1 B21.2 B20.5 B
Increasing
Slightly volatile
Cash and Equivalents388.7 M360.2 M224.5 M
Decreasing
Stable
Investments108.7 M127.4 M70.2 M
Increasing
Slightly volatile
Deposit Liabilities63.5 M66.1 M67.5 M
Decreasing
Stable
Property Plant and Equipment Net22.3 B20.4 B19.8 B
Increasing
Slightly volatile
Trade and Non Trade Payables366.7 M340.5 M318.8 M
Increasing
Slightly volatile
Total Liabilities9.3 B9.5 B10.2 B
Decreasing
Slightly volatile
Shareholders Equity11.4 B11 B9.5 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit1.8 B1.8 B1.4 B
Increasing
Slightly volatile
Current Assets362 M360.2 M302.6 M
Decreasing
Slightly volatile
Current Liabilities441.9 M476.2 M453.4 M
Increasing
Stable
Total Debt8.5 B8.7 B9.4 B
Decreasing
Slightly volatile
Shareholders Equity USD11.4 B11 B9.5 B
Increasing
Slightly volatile
Cash and Equivalents USD388.7 M360.2 M224.5 M
Decreasing
Stable
Total Debt USD8.5 B8.7 B9.4 B
Decreasing
Slightly volatile
Accounts Payable100 M107 M103.5 M
Increasing
Slightly volatile

Equity Residential Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues2.7 B2.5 B2.3 B
Increasing
Slightly volatile
Cost of Revenue977.7 M948.8 M817.7 M
Increasing
Slightly volatile
Selling General and Administrative Expense60.8 M56.5 M53.4 M
Increasing
Slightly volatile
Operating Expenses948.5 M911.5 M800.5 M
Increasing
Slightly volatile
Interest Expense323.7 M272.5 M422.7 M
Decreasing
Slightly volatile
Income Tax Expense755.5 K915 K662.8 K
Decreasing
Stable
Consolidated Income1.3 B1.4 B1.3 B
Increasing
Very volatile
Net Income to Non Controlling Interests45.2 M45.9 M48.8 M
Decreasing
Very volatile
Net Income1.2 B1.3 B1.2 B
Increasing
Very volatile
Preferred Dividends Income Statement Impact3.9 M2.8 M6.2 M
Decreasing
Slightly volatile
Net Income Common Stock1.2 B1.3 B1.2 B
Increasing
Very volatile
Weighted Average Shares401.6 M373.8 M353 M
Increasing
Slightly volatile
Weighted Average Shares Diluted416.7 M388.1 M365.2 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT1.6 B1.6 B1.7 B
Decreasing
Very volatile
Revenues USD2.7 B2.5 B2.3 B
Increasing
Slightly volatile
Net Income Common Stock USD1.2 B1.3 B1.2 B
Increasing
Very volatile
Earning Before Interest and Taxes USD1.6 B1.6 B1.7 B
Decreasing
Very volatile
Gross Profit1.7 B1.5 B1.5 B
Increasing
Slightly volatile
Operating Income751.3 M603.7 M722.9 M
Increasing
Slightly volatile
Direct Expenses856.9 M948.8 M849.8 M
Increasing
Slightly volatile

Equity Residential Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(373.1 M)(363.5 M)456.9 M
Decreasing
Stable
Net Cash Flow Business Acquisitions and Disposals(84.5 M)(78.3 M)(310.5 M)
Increasing
Stable
Net Cash Flow Investment Acquisitions and Disposals18.3 M23.1 M8.1 M
Increasing
Stable
Issuance Repayment of Debt Securities 314.5 M291.5 M(377.2 M)
Increasing
Slightly volatile
Issuance Purchase of Equity Shares131.9 M89.7 M201.3 M
Decreasing
Slightly volatile
Net Cash Flow from Investing(446.1 M)(434.6 M)149.3 M
Decreasing
Very volatile
Net Cash Flow from Operations1.4 B1.3 B1.2 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents281.1 M260.5 M3.2 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion904.1 M851.4 M787 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share3.363.563.4698
Decreasing
Very volatile
Earnings per Diluted Share3.343.543.4555
Decreasing
Very volatile
Earnings per Basic Share USD3.363.563.4698
Decreasing
Very volatile
Dividends per Basic Common Share3.232.772.9903
Increasing
Stable
Return on Average Equity0.120.1260.1321
Decreasing
Stable
Return on Average Assets0.05960.0650.0598
Decreasing
Very volatile
Return on Invested Capital0.05330.0560.0562
Decreasing
Very volatile
Gross Margin0.60.6150.6464
Decreasing
Stable
Profit Margin0.510.540.5364
Decreasing
Stable
EBITDA Margin0.970.9971.0749
Decreasing
Slightly volatile
Return on Sales0.650.6520.7318
Decreasing
Stable
Asset Turnover0.130.120.1149
Increasing
Slightly volatile
Payout Ratio0.870.6770.8539
Increasing
Slightly volatile
Enterprise Value over EBITDA17.7517.15915.0861
Increasing
Slightly volatile
Enterprise Value over EBIT27.6826.024.0526
Increasing
Slightly volatile
Price to Earnings Ratio28.5325.42125.7994
Increasing
Slightly volatile
Sales per Share7.356.5916.6292
Increasing
Slightly volatile
Price to Sales Ratio13.0813.7310.4113
Increasing
Slightly volatile
Price to Book Value3.083.0982.5858
Increasing
Stable
Debt to Equity Ratio0.920.8661.1384
Decreasing
Slightly volatile
Dividend Yield0.04120.0270.0448
Increasing
Very volatile
Current Ratio0.810.75650.7151
Decreasing
Slightly volatile
Free Cash Flow per Share3.382.3994.6584
Decreasing
Very volatile
Book Value per Share31.1929.30426.9173
Increasing
Slightly volatile
Tangible Assets Book Value per Share54.3656.62857.8681
Decreasing
Slightly volatile
Total Assets Per Share62.9756.372157.9428
Increasing
Very volatile
Cash Flow Per Share3.133.35583.2434
Increasing
Slightly volatile
Return on Investment3.373.18843.957
Increasing
Stable
Operating Margin25.7924.499130.2502
Increasing
Very volatile
Calculated Tax Rate0.0670.06530.2649
Decreasing
Slightly volatile
Receivables TurnoverKK3.3 K
Decreasing
Slightly volatile
Cash and Equivalents Turnover11.110.713912.8375
Increasing
Slightly volatile
Accounts Payable Turnover28.9922.987329.1687
Decreasing
Slightly volatile
Accrued Expenses Turnover7.998.19738.6722
Increasing
Stable
Interest Coverage2.032.36221.8723
Increasing
Slightly volatile
Long Term Debt to Equity1.030.76141.0774
Decreasing
Slightly volatile
Quick Ratio0.770.72440.6805
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets(0.59)(0.5476)(0.6283)
Decreasing
Slightly volatile
Revenue to Assets0.110.11640.1192
Increasing
Very volatile

Equity Residential Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax1.2 B1.3 B1.2 B
Increasing
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.3 B2.5 B2.4 B
Increasing
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization USD2.3 B2.5 B2.4 B
Increasing
Very volatile
Market Capitalization31.9 B33.9 B24.2 B
Increasing
Slightly volatile
Enterprise Value41.6 B42.2 B33.5 B
Increasing
Slightly volatile
Invested Capital32.8 B29.5 B29.8 B
Increasing
Slightly volatile
Average Equity11.1 B10.6 B9.4 B
Increasing
Slightly volatile
Average Assets22.8 B20.6 B20.5 B
Increasing
Slightly volatile
Invested Capital Average32.5 B28.9 B29.8 B
Increasing
Slightly volatile
Tangible Asset Value23.1 B21.2 B20.5 B
Increasing
Slightly volatile
Free Cash Flow1.2 B896.7 M1.7 B
Decreasing
Very volatile
Revenue Per Employee876.7 KM804.8 K
Increasing
Slightly volatile
Net Income Per Employee460.5 K555.4 K404.2 K
Increasing
Stable

Equity Fundamental Market Drivers

Forward Price Earnings50.99
Short Percent Of Float1.81%
Average Daily Volume Last 10 Day2.3M
Shares Short Prior Month4.33M
Average Daily Volume In Three Month1.82M
Date Short Interest29th of April 2022
Fifty Day Average77.27
Two Hundred Day Average84.46

Equity Upcoming Events

Upcoming Quarterly Report1st of February 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End1st of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Equity Residential Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Equity Residential income statement, its balance sheet, and the statement of cash flows. Equity Residential investors use historical funamental indicators, such as Equity Residential's revenue or net income, to determine how well the company is positioned to perform in the future. Although Equity Residential investors may use each financial statement separately, they are all related. The changes in Equity Residential's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equity Residential's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equity Residential Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equity Residential. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue948.8 M977.7 M
Revenues2.5 B2.7 B
Revenue to Assets 0.12  0.11 
Revenue Per EmployeeM876.7 K
Equity Residential is committed to creating communities where people thrive. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. Equity Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.

Equity Residential Investors Sentiment

The influence of Equity Residential's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Equity Residential's public news can be used to forecast risks associated with investment in Equity. The trend in average sentiment can be used to explain how an investor holding Equity can time the market purely based on public headlines and social activities around Equity Residential. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Equity Residential's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equity Residential's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equity Residential's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Equity Residential.

Equity Residential Implied Volatility

    
  30.8  
Equity Residential's implied volatility exposes the market's sentiment of Equity Residential stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Equity Residential's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Equity Residential stock will not fluctuate a lot when Equity Residential's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equity Residential in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equity Residential's short interest history, or implied volatility extrapolated from Equity Residential options trading.

Current Sentiment - EQR

Equity Residential Investor Sentiment

Greater number of Macroaxis users are currently bullish on Equity Residential. What is your opinion about investing in Equity Residential? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Equity Residential Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Equity Residential Correlation against competitors. Note that the Equity Residential information on this page should be used as a complementary analysis to other Equity Residential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Equity Residential price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
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Is Equity Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Residential. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.22
Market Capitalization
28.4 B
Quarterly Revenue Growth YOY
0.093
Return On Assets
0.0194
Return On Equity
0.13
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine Equity Residential value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.