Equity Residential (EQR) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Equity Residential Revenue Highlights


Latest Revenue (Y)

$2.87B

Latest Revenue (Q)

$741.82M

Main Segment (Y)

Other Rental Income

Main Geography (Y)

Same Store

Equity Residential Revenue by Period


Equity Residential Revenue by Year

DateRevenueChange
2023-12-31$2.87B5.07%
2022-12-31$2.74B11.01%
2021-12-31$2.46B-4.19%
2020-12-31$2.57B-4.79%
2019-12-31$2.70B4.76%
2018-12-31$2.58B4.33%
2017-12-31$2.47B1.88%
2016-12-31$2.43B-11.63%
2015-12-31$2.74B4.98%
2014-12-31$2.61B9.51%
2013-12-31$2.39B12.43%
2012-12-31$2.12B7.84%
2011-12-31$1.97B0.12%
2010-12-31$1.97B1.19%
2009-12-31$1.94B-7.58%
2008-12-31$2.10B7.67%
2007-12-31$1.95B-1.86%
2006-12-31$1.99B1.82%
2005-12-31$1.95B3.46%
2004-12-31$1.89B3.63%
2003-12-31$1.82B-8.56%
2002-12-31$1.99B-8.14%
2001-12-31$2.17B6.91%
2000-12-31$2.03B15.81%
1999-12-31$1.75B31.08%
1998-12-31$1.34B78.97%
1997-12-31$747.32M56.22%
1996-12-31$478.38M15.97%
1995-12-31$412.50M78.57%
1994-12-31$231.00M102.81%
1993-12-31$113.90M-

Equity Residential generated $2.87B in revenue during NA 2023, up 5.07% compared to the previous quarter, and up 111.46% compared to the same period a year ago.

Equity Residential Revenue by Quarter

DateRevenueChange
2024-06-30$741.82M2.80%
2024-03-31$721.60M-2.02%
2023-12-31$736.47M1.71%
2023-09-30$724.07M0.94%
2023-06-30$717.31M1.73%
2023-03-31$705.09M0.77%
2022-12-31$699.70M0.66%
2022-09-30$695.10M1.17%
2022-06-30$687.03M5.16%
2022-03-31$653.35M1.27%
2021-12-31$645.13M3.52%
2021-09-30$623.21M4.20%
2021-06-30$598.06M0.08%
2021-03-31$597.60M-2.58%
2020-12-31$613.43M-1.45%
2020-09-30$622.43M-4.76%
2020-06-30$653.53M-4.22%
2020-03-31$682.33M-0.23%
2019-12-31$683.92M-0.18%
2019-09-30$685.14M2.33%
2019-06-30$669.52M1.06%
2019-03-31$662.49M1.49%
2018-12-31$652.74M-0.02%
2018-09-30$652.87M2.04%
2018-06-30$639.81M1.07%
2018-03-31$633.02M0.37%
2017-12-31$630.70M1.05%
2017-09-30$624.12M1.90%
2017-06-30$612.48M1.39%
2017-03-31$604.10M-0.23%
2016-12-31$605.49M-0.10%
2016-09-30$606.07M1.83%
2016-06-30$595.15M-3.87%
2016-03-31$619.08M-11.96%
2015-12-31$703.19M0.99%
2015-09-30$696.29M2.53%
2015-06-30$679.11M1.91%
2015-03-31$666.37M0.26%
2014-12-31$664.66M0.09%
2014-09-30$664.08M1.76%
2014-06-30$652.57M3.02%
2014-03-31$633.44M0.40%
2013-12-31$630.93M0.24%
2013-09-30$629.45M-0.89%
2013-06-30$635.08M17.79%
2013-03-31$539.16M4.95%
2012-12-31$513.75M-7.62%
2012-09-30$556.14M2.27%
2012-06-30$543.78M3.06%
2012-03-31$527.66M2.98%
2011-12-31$512.38M0.08%
2011-09-30$511.96M2.79%
2011-06-30$498.06M-4.33%
2011-03-31$520.62M10.62%
2010-12-31$470.62M-10.76%
2010-09-30$527.36M3.21%
2010-06-30$510.94M4.55%
2010-03-31$488.69M5.23%
2009-12-31$464.40M-5.75%
2009-09-30$492.76M-2.45%
2009-06-30$505.15M-1.94%
2009-03-31$515.14M-2.62%
2008-12-31$528.99M-1.73%
2008-09-30$538.32M0.52%
2008-06-30$535.52M-

Equity Residential generated $741.82M in revenue during Q2 2024, up 2.80% compared to the previous quarter, and up 105.21% compared to the same period a year ago.

Equity Residential Revenue Breakdown


Equity Residential Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19Dec 18
Parking Revenue$22.21M$26.74M-
Other Revenue$35.31M$69.55M-
Other Rental Income$57.52M$92.60M-
Utility Recoveries--$63.22M

Equity Residential's latest annual revenue breakdown by segment (product or service), as of Dec 20: Other Rental Income (50.00%), Other Revenue (30.69%), and Parking Revenue (19.31%).

Quarterly Revenue by Product

Product/ServiceSep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Other Revenue$19.50M$17.07M$18.20M$15.33M$19.56M$17.82M$16.85M--------
Other Rental Income$26.38M$23.21M$23.63M$12.69M$9.30M$15.25M$20.30M--------
Parking Revenue$6.88M$6.14M$5.43M$6.49M$6.18M$6.27M$7.80M--------
Same Store-------$168.19M-------
Non Same Store And Other-------$28.19M-------
Same Store Non Same Store And Other-------$683.89M-------
Rental--------$42.20M$40.20M-----
Rentel----------$38.30M----
Utility Recoveries-----------$16.47M$15.82M$15.56M$15.38M
Leasing Revenue------------$611.12M--

Equity Residential's latest quarterly revenue breakdown by segment (product or service), as of Sep 21: Other Rental Income (50.00%), Other Revenue (36.96%), and Parking Revenue (13.04%).

Equity Residential Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20
Other Revenue$35.31M
Parking Revenue$22.21M
Same Store$648.42M
Other Rental Income$57.52M

Equity Residential's latest annual revenue breakdown by geography, as of Dec 20: Same Store (84.93%), Other Rental Income (7.53%), Other Revenue (4.62%), and Parking Revenue (2.91%).

Quarterly Revenue by Country

CountrySep 21Mar 18
Same Store$166.09M-
Other Rental Income$26.38M-
Other Revenue$19.50M-
Parking Revenue$6.88M-
Los Angeles-$102.48M
San Diego-$22.49M
San Francisco-$109.21M
Seattle-$48.61M
Southern California-$147.48M
DISTRICT OF COLUMBIA-$107.16M
Boston-$57.81M
Other-$3.83M
Non Same Store-$38.62M
NEW YORK-$119.63M
Orange County-$22.50M

Equity Residential's latest quarterly revenue breakdown by geography, as of Sep 21: Same Store (75.89%), Other Rental Income (12.05%), Other Revenue (8.91%), and Parking Revenue (3.15%).

Equity Residential Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EQREquity Residential$2.87B$741.82M
AVBAvalonBay Communities$2.77B$726.04M
CPTCamden Property Trust$2.59B$596.42M
MAAMid-America Apartment Communities$2.15B$546.43M
ESSEssex Property Trust$1.67B$442.36M
UDRUDR$1.63B$415.32M
NXRTNexPoint Residential Trust$277.53M$64.20M

EQR Revenue FAQ


Equity Residential's yearly revenue for 2023 was $2.87B, representing an increase of 5.07% compared to 2022. The company's yearly revenue for 2022 was $2.74B, representing an increase of 11.01% compared to 2021. EQR's yearly revenue for 2021 was $2.46B, representing a decrease of -4.19% compared to 2020.

Equity Residential's quarterly revenue for Q2 2024 was $741.82M, a 2.80% increase from the previous quarter (Q1 2024), and a 3.42% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $721.6M, a -2.02% decrease from the previous quarter (Q4 2023), and a 2.34% increase year-over-year (Q1 2023). EQR's quarterly revenue for Q4 2023 was $736.47M, a 1.71% increase from the previous quarter (Q3 2023), and a 5.26% increase year-over-year (Q4 2022).

Equity Residential's revenue growth rate for the last 3 years (2021-2023) was 16.64%, and for the last 5 years (2019-2023) was 6.40%.

Equity Residential's revenue streams in c 20 are Parking Revenue, Other Revenue, and Other Rental Income. Parking Revenue generated $22.21M in revenue, accounting 19.31% of the company's total revenue, down -16.95% year-over-year. Other Revenue generated $35.31M in revenue, accounting 30.69% of the company's total revenue, down -49.24% year-over-year. Other Rental Income generated $57.52M in revenue, accounting 50.00% of the company's total revenue, down -37.89% year-over-year.

For the fiscal year ending Dec 20, the largest source of revenue of Equity Residential was Other Rental Income. This segment made a revenue of $57.52M, representing 50.00% of the company's total revenue.