EQUITY RESIDENTIAL (EQR) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:EQR • US29476L1070

63.815 USD
+2.04 (+3.31%)
Last: Feb 6, 2026, 10:46 AM
Fundamental Rating

4

Overall EQR gets a fundamental rating of 4 out of 10. We evaluated EQR against 20 industry peers in the Residential REITs industry. There are concerns on the financial health of EQR while its profitability can be described as average. EQR is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year EQR was profitable.
  • EQR had a positive operating cash flow in the past year.
  • EQR had positive earnings in 4 of the past 5 years.
  • EQR had a positive operating cash flow in 4 of the past 5 years.
EQR Yearly Net Income VS EBIT VS OCF VS FCFEQR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

1.2 Ratios

  • The Return On Assets of EQR (5.49%) is better than 80.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 10.43%, EQR is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 3.36%, EQR is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for EQR is in line with the industry average of 2.59%.
Industry RankSector Rank
ROA 5.49%
ROE 10.43%
ROIC 3.36%
ROA(3y)4.31%
ROA(5y)4.74%
ROE(3y)7.93%
ROE(5y)8.91%
ROIC(3y)3.44%
ROIC(5y)3.17%
EQR Yearly ROA, ROE, ROICEQR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • EQR has a Profit Margin of 37.54%. This is in the better half of the industry: EQR outperforms 80.00% of its industry peers.
  • In the last couple of years the Profit Margin of EQR has remained more or less at the same level.
  • EQR has a better Operating Margin (27.91%) than 80.00% of its industry peers.
  • EQR's Operating Margin has declined in the last couple of years.
  • With an excellent Gross Margin value of 63.01%, EQR belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
  • EQR's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 27.91%
PM (TTM) 37.54%
GM 63.01%
OM growth 3Y5.12%
OM growth 5Y-2.76%
PM growth 3Y-13.73%
PM growth 5Y-0.66%
GM growth 3Y0.95%
GM growth 5Y-0.95%
EQR Yearly Profit, Operating, Gross MarginsEQR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 50 100 150

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • EQR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • There is no outstanding debt for EQR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
EQR Yearly Shares OutstandingEQR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
EQR Yearly Total Debt VS Total AssetsEQR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • EQR has an Altman-Z score of 1.69. This is a bad value and indicates that EQR is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.69, EQR belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
  • The Debt to FCF ratio of EQR is 31.82, which is on the high side as it means it would take EQR, 31.82 years of fcf income to pay off all of its debts.
  • EQR has a better Debt to FCF ratio (31.82) than 65.00% of its industry peers.
  • A Debt/Equity ratio of 0.76 indicates that EQR is somewhat dependend on debt financing.
  • The Debt to Equity ratio of EQR (0.76) is better than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF 31.82
Altman-Z 1.69
ROIC/WACC0.46
WACC7.31%
EQR Yearly LT Debt VS Equity VS FCFEQR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • EQR has a Current Ratio of 0.07. This is a bad value and indicates that EQR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of EQR (0.07) is worse than 85.00% of its industry peers.
  • A Quick Ratio of 0.07 indicates that EQR may have some problems paying its short term obligations.
  • EQR's Quick ratio of 0.07 is on the low side compared to the rest of the industry. EQR is outperformed by 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.07
Quick Ratio 0.07
EQR Yearly Current Assets VS Current LiabilitesEQR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 8.82% over the past year.
  • EQR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.85% yearly.
EPS 1Y (TTM)8.82%
EPS 3Y12.84%
EPS 5Y3.85%
EPS Q2Q%-6.36%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.97%

3.2 Future

  • Based on estimates for the next years, EQR will show a decrease in Earnings Per Share. The EPS will decrease by -9.39% on average per year.
  • EQR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.40% yearly.
EPS Next Y-50.9%
EPS Next 2Y-26.89%
EPS Next 3Y-20.01%
EPS Next 5Y-9.39%
Revenue Next Year3.42%
Revenue Next 2Y3.36%
Revenue Next 3Y4.19%
Revenue Next 5Y4.4%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
EQR Yearly Revenue VS EstimatesEQR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B
EQR Yearly EPS VS EstimatesEQR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • EQR is valuated rather expensively with a Price/Earnings ratio of 21.56.
  • Based on the Price/Earnings ratio, EQR is valued a bit cheaper than 80.00% of the companies in the same industry.
  • EQR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.67.
  • A Price/Forward Earnings ratio of 43.90 indicates a quite expensive valuation of EQR.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of EQR indicates a somewhat cheap valuation: EQR is cheaper than 65.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, EQR is valued quite expensively.
Industry RankSector Rank
PE 21.56
Fwd PE 43.9
EQR Price Earnings VS Forward Price EarningsEQR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EQR indicates a somewhat cheap valuation: EQR is cheaper than 75.00% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as EQR.
Industry RankSector Rank
P/FCF 91.6
EV/EBITDA 16.53
EQR Per share dataEQR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The decent profitability rating of EQR may justify a higher PE ratio.
  • A cheap valuation may be justified as EQR's earnings are expected to decrease with -20.01% in the coming years.
PEG (NY)N/A
PEG (5Y)5.59
EPS Next 2Y-26.89%
EPS Next 3Y-20.01%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • EQR has a Yearly Dividend Yield of 4.39%, which is a nice return.
  • Compared to an average industry Dividend Yield of 40.99, EQR has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, EQR pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.39%

5.2 History

  • The dividend of EQR has a limited annual growth rate of 3.64%.
  • EQR has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)3.64%
Div Incr Years0
Div Non Decr Years0
EQR Yearly Dividends per shareEQR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • EQR pays out 89.99% of its income as dividend. This is not a sustainable payout ratio.
  • EQR's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP89.99%
EPS Next 2Y-26.89%
EPS Next 3Y-20.01%
EQR Yearly Income VS Free CF VS DividendEQR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B
EQR Dividend Payout.EQR Dividend Payout, showing the Payout Ratio.EQR Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

EQUITY RESIDENTIAL

NYSE:EQR (2/6/2026, 10:46:09 AM)

63.815

+2.04 (+3.31%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)02-05
Earnings (Next)04-27
Inst Owners96.32%
Inst Owner Change-10.25%
Ins Owners0.51%
Ins Owner Change3.04%
Market Cap24.28B
Revenue(TTM)N/A
Net Income(TTM)1.16B
Analysts72.14
Price Target70.83 (10.99%)
Short Float %2.07%
Short Ratio3.35
Dividend
Industry RankSector Rank
Dividend Yield 4.39%
Yearly Dividend2.69
Dividend Growth(5Y)3.64%
DP89.99%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-02
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)53.46%
Min EPS beat(2)35.13%
Max EPS beat(2)71.8%
EPS beat(4)4
Avg EPS beat(4)97.82%
Min EPS beat(4)35.13%
Max EPS beat(4)159.82%
EPS beat(8)7
Avg EPS beat(8)77.67%
EPS beat(12)10
Avg EPS beat(12)58.67%
EPS beat(16)13
Avg EPS beat(16)71.73%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.17%
Max Revenue beat(2)-0.8%
Revenue beat(4)1
Avg Revenue beat(4)-0.84%
Min Revenue beat(4)-1.81%
Max Revenue beat(4)0.43%
Revenue beat(8)1
Avg Revenue beat(8)-0.73%
Revenue beat(12)1
Avg Revenue beat(12)-0.84%
Revenue beat(16)3
Avg Revenue beat(16)-0.69%
PT rev (1m)-0.41%
PT rev (3m)-4.84%
EPS NQ rev (1m)-4.81%
EPS NQ rev (3m)-5.82%
EPS NY rev (1m)8.99%
EPS NY rev (3m)15.79%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.1%
Valuation
Industry RankSector Rank
PE 21.56
Fwd PE 43.9
P/S 7.89
P/FCF 91.6
P/OCF 15.02
P/B 2.19
P/tB 2.19
EV/EBITDA 16.53
EPS(TTM)2.96
EY4.64%
EPS(NY)1.45
Fwd EY2.28%
FCF(TTM)0.7
FCFY1.09%
OCF(TTM)4.25
OCFY6.66%
SpS8.09
BVpS29.13
TBVpS29.13
PEG (NY)N/A
PEG (5Y)5.59
Graham Number44.05
Profitability
Industry RankSector Rank
ROA 5.49%
ROE 10.43%
ROCE 4.44%
ROIC 3.36%
ROICexc 3.38%
ROICexgc 3.44%
OM 27.91%
PM (TTM) 37.54%
GM 63.01%
FCFM 8.61%
ROA(3y)4.31%
ROA(5y)4.74%
ROE(3y)7.93%
ROE(5y)8.91%
ROIC(3y)3.44%
ROIC(5y)3.17%
ROICexc(3y)3.45%
ROICexc(5y)3.18%
ROICexgc(3y)3.49%
ROICexgc(5y)3.23%
ROCE(3y)4.43%
ROCE(5y)4.09%
ROICexgc growth 3Y12.84%
ROICexgc growth 5Y-0.45%
ROICexc growth 3Y12.89%
ROICexc growth 5Y-0.48%
OM growth 3Y5.12%
OM growth 5Y-2.76%
PM growth 3Y-13.73%
PM growth 5Y-0.66%
GM growth 3Y0.95%
GM growth 5Y-0.95%
F-Score8
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF 31.82
Debt/EBITDA 4.5
Cap/Depr 132.9%
Cap/Sales 43.88%
Interest Coverage 3.21
Cash Conversion 86.15%
Profit Quality 22.94%
Current Ratio 0.07
Quick Ratio 0.07
Altman-Z 1.69
F-Score8
WACC7.31%
ROIC/WACC0.46
Cap/Depr(3y)115.1%
Cap/Depr(5y)129.08%
Cap/Sales(3y)36.55%
Cap/Sales(5y)42.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.82%
EPS 3Y12.84%
EPS 5Y3.85%
EPS Q2Q%-6.36%
EPS Next Y-50.9%
EPS Next 2Y-26.89%
EPS Next 3Y-20.01%
EPS Next 5Y-9.39%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.97%
Revenue Next Year3.42%
Revenue Next 2Y3.36%
Revenue Next 3Y4.19%
Revenue Next 5Y4.4%
EBIT growth 1Y-4.11%
EBIT growth 3Y12%
EBIT growth 5Y-0.83%
EBIT Next Year101.6%
EBIT Next 3Y29.27%
EBIT Next 5Y18.73%
FCF growth 1Y-66.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.1%
OCF growth 3Y7.68%
OCF growth 5Y1.55%

EQUITY RESIDENTIAL / EQR FAQ

What is the fundamental rating for EQR stock?

ChartMill assigns a fundamental rating of 4 / 10 to EQR.


Can you provide the valuation status for EQUITY RESIDENTIAL?

ChartMill assigns a valuation rating of 3 / 10 to EQUITY RESIDENTIAL (EQR). This can be considered as Overvalued.


How profitable is EQUITY RESIDENTIAL (EQR) stock?

EQUITY RESIDENTIAL (EQR) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for EQR stock?

The Price/Earnings (PE) ratio for EQUITY RESIDENTIAL (EQR) is 21.56 and the Price/Book (PB) ratio is 2.19.


What is the earnings growth outlook for EQUITY RESIDENTIAL?

The Earnings per Share (EPS) of EQUITY RESIDENTIAL (EQR) is expected to decline by -50.9% in the next year.