EQR

Equity Residential

Real Estate

Multi-Family Residential REITs

Chicago, Illinois

Last filing: Feb 13, 2026 (FY2025)

Balance Sheet 7 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
BS_Assets_Cash	$0	$62.3M	$50.7M	$53.9M	$123.8M
BS_Assets_PPE	$0	$0	$0	$0	$0
BS_Assets_IntangibleAssets	$0	$0	$0	$0	$0
BS_Liab_LongTermDebt	$0	$0	$0	$0	$0
BS_Equity_PreferredStock	$0	$17.2M	$37.3M	$37.3M	$37.3M
BS_Equity_CommonStock	$0	$3.8M	$3.8M	$3.8M	$3.8M
BS_Equity_APIC	$0	$9.6B	$9.6B	$9.5B	$9.1B

Income Statement 14 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
IS_Expense_COGS	$2.2B	$2.1B	$2.0B	$1.9B	$1.8B
IS_Expense_SGA	$65.3M	$61.7M	$60.7M	$58.7M	$56.5M
IS_Expense_SBC	$32.2M	$31.3M	$31.8M	$29.5M	$27.8M
IS_Expense_TotalOpex	$1.0B	$961.8M	$926.7M	$872.3M	$850.6M
IS_InterestExpense	$306.8M	$285.7M	$269.6M	$282.9M	$272.5M
IS_OtherNonopIncExp	$60.5M	$74.1M	$29.4M	$13.7M	$19.3M
IS_PreTaxIncome	$1.2B	$1.1B	$875.0M	$812.9M	$1.4B
IS_TaxExpense	$1.6M	$1.3M	$1.1M	$900.0K	$915.0K
IS_NetIncome	$1.1B	$1.0B	$835.4M	$776.9M	$1.3B
IS_ComprehensiveIncome	$1.1B	$1.0B	$843.4M	$807.6M	$1.3B
IS_EPS_Basic	$3	$3	$2	$2	$4
IS_EPS_Diluted	$3	$3	$2	$2	$4
IS_Shares_Basic	$379.6M	$378.8M	$378.8M	$376.2M	$373.8M
IS_Shares_Diluted	$390.4M	$390.7M	$390.9M	$389.4M	$388.1M

Cash Flow Statement 16 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
CF_Ops_NetIncome	$1.1B	$1.0B	$835.4M	$776.9M	$1.3B
CF_Ops_DA	$1.0B	$952.2M	$888.7M	$882.2M	$838.3M
CF_Ops_SBC	$32.2M	$31.3M	$31.8M	$29.5M	$27.8M
CF_Ops_DeferredTax	$1.6M	$1.3M	$1.1M	$900.0K	$915.0K
CF_Ops_WorkingCapital	$36.2M	$36.7M	$5.4M	$-13.4M	$4.3M
CF_Ops_Other	$36.2M	$36.7M	$5.4M	$-13.4M	$4.3M
CF_Ops_NetCash	$1.6B	$1.6B	$1.5B	$1.5B	$1.3B
CF_Inv_ProceedsInvestments	$1.0M	$15.0M	$3.0M	$3.6M	$191.4M
CF_Inv_NetCash	$-321.4M	$-1.2B	$-409.5M	$107.8M	$-434.6M
CF_Fin_DebtRepayment	$6.8M	$6.1M	$3.4M	$3.4M	$7.5M
CF_Fin_ShareRepurchases	$280.7M	$38.5M	$49.1M	—	—
CF_Fin_Dividends	$1.0B	$1.0B	$990.1M	$931.8M	$900.5M
CF_Fin_StockIssuance	$5.5M	$23.0M	$23.6M	$25.1M	$85.4M
CF_Fin_Other	$-105.0K	$-94.0K	$-75.0K	$-63.0K	$-63.0K
CF_Fin_NetCash	$-1.3B	$-377.0M	$-1.1B	$-1.8B	$-565.1M
CF_Net_Change	$-1.3M	$20.2M	$2.8M	$-223.1M	$260.5M

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