Equity Historical Income Statement

EQR -  USA Stock  

USD 73.76  2.06  2.72%

Historical analysis of Equity Residential income statement accounts such as Cost of Revenue of 977.7 M or Earning Before Interest and Taxes EBIT of 1.6 B can show how well Equity Residential performed in making a profits. Evaluating Equity Residential income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equity Residential's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Equity Residential latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Equity Residential is a good buy for the upcoming year.
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About Equity Income Statement Analysis

Equity Residential Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Equity Residential shareholders. The income statement also shows Equity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Equity Residential Income Statement Chart

Equity Residential Income Statement is one of the three primary financial statements used for reporting Equity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equity Residential revenue and expense. Equity Residential Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Equity Residential Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Equity Residential reported last year Selling General and Administrative Expense of 56.51 Million. As of 05/19/2022, Weighted Average Shares is likely to grow to about 401.6 M, while Consolidated Income is likely to drop slightly above 1.3 B.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Earning Before Interest and Taxes USD

Earning Before Interest and Taxes EBIT in USD; converted by US Dollar Exchange Rate.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Equity Residential financial statement analysis. It represents the amount of money remaining after all of Equity Residential operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.
Most accounts from Equity Residential income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equity Residential current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Investing Opportunities.Equity Residential Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Equity Residential reported last year Selling General and Administrative Expense of 56.51 Million. As of 05/19/2022, Weighted Average Shares is likely to grow to about 401.6 M, while Consolidated Income is likely to drop slightly above 1.3 B.
 2019 2020 2021 2022 (projected)
Consolidated Income1.01 B962.5 M1.4 B1.29 B
Direct Expenses908.33 M916.38 M824.75 M787.82 M

Equity Residential income statement Correlations

Equity Residential Account Relationship Matchups

Equity Residential income statement Accounts

201720182019202020212022 (projected)
Direct Expenses826.27 M879.63 M908.33 M916.38 M824.75 M787.82 M
Consolidated Income628.38 M685.19 M1.01 B962.5 M1.4 B1.29 B
Cost of Revenue826.27 M879.63 M908.33 M916.38 M948.79 M977.66 M
Earning Before Interest and Taxes EBIT987.82 M1.07 B1.36 B1.28 B1.61 B1.56 B
Earning Before Interest and Taxes USD987.82 M1.07 B1.36 B1.28 B1.61 B1.56 B
Gross Profit1.65 B1.7 B1.79 B1.66 B1.52 B1.7 B
Interest Expense383.89 M413.36 M390.08 M365.07 M272.47 M323.74 M
Net Income603.45 M657.53 M970.38 M913.64 M1.33 B1.23 B
Net Income Common Stock600.36 M654.45 M967.29 M910.55 M1.33 B1.23 B
Net Income Common Stock USD600.36 M654.45 M967.29 M910.55 M1.33 B1.23 B
Net Income to Non Controlling Interests22.6 M24.94 M36.03 M34.01 M45.9 M45.16 M
Operating Expenses797.67 M840.24 M883.84 M869.14 M911.55 M948.53 M
Operating Income847.47 M857.81 M908.52 M786.18 M603.66 M751.25 M
Revenues2.47 B2.58 B2.7 B2.57 B2.46 B2.68 B
Revenues USD2.47 B2.58 B2.7 B2.57 B2.46 B2.68 B
Selling General and Administrative Expense52.22 M53.81 M52.76 M48.3 M56.51 M60.78 M
Weighted Average Shares366.97 M368.05 M370.46 M371.79 M373.83 M401.63 M
Weighted Average Shares Diluted382.68 M383.69 M386.33 M385.87 M388.09 M416.68 M
Income Tax Expense478 K878 K(2.28 M)852 K915 K755.46 K

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.

Equity Residential Implied Volatility

    
  90.43  
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?
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98% Bullish
2% Bearish
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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 Investing Opportunities. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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.
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.