For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Rental income | 3,093,959 | - | 2,873,964 | 2,735,180 |
| Property and maintenance | 564,704 | - | 514,575 | 483,865 |
| Real estate taxes and insurance | 450,454 | - | 412,114 | 388,412 |
| Property management | 133,369 | - | 119,804 | 110,304 |
| General and administrative | 65,280 | - | 60,716 | 58,710 |
| Depreciation | 1,010,400 | - | 888,709 | 882,168 |
| Total expenses | 2,224,207 | - | 1,995,918 | 1,923,459 |
| Net gain (loss) on sales of real estate properties | 626,388 | - | 282,539 | 304,325 |
| Operating income | - | - | 1,160,585 | 1,116,046 |
| Interest and other income | 52,440 | - | 22,345 | 2,193 |
| Other expenses | 60,485 | - | 29,419 | 13,664 |
| Expense incurred, net | 306,798 | - | 269,556 | 282,920 |
| Amortization of deferred financing costs | 8,768 | - | 8,941 | 8,729 |
| Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels | 1,172,529 | - | 875,014 | 812,926 |
| Income and other tax (expense) benefit | 1,585 | - | 1,148 | 900 |
| Income (loss) from investments in unconsolidated entities | -18,915 | - | -5,378 | -5,031 |
| Net gain (loss) on sales of land parcels | -80 | - | - | - |
| Income (loss) from continuing operations, net of tax, including portion attributable to noncontrolling interest | - | 1,070,975 | - | - |
| Net income | 1,151,949 | - | 868,488 | 806,995 |
| Income (loss) attributable to noncontrolling interest, before tax | - | 28,932 | - | - |
| Operating partnership | 27,405 | - | 26,710 | 26,310 |
| Partially owned properties | 4,455 | 6,212 | 6,340 | 3,774 |
| Dividends, preferred stock | - | 1,613 | - | - |
| Net income attributable to controlling interests | 1,120,089 | - | 835,438 | 776,911 |
| Preferred stock redemption premium | - | 1,444 | - | - |
| Preferred distributions | 1,422 | - | 3,090 | 3,090 |
| Net income available to common shares | 1,118,667 | 1,032,774 | 832,348 | 773,821 |
| Basic EPS | 2.95 | 2.73 | 2.2 | 2.06 |
| Diluted EPS | 2.94 | 2.72 | 2.2 | 2.05 |
| Basic Average Shares | 379,610,000 | 378,795,000 | 378,773,000 | 376,209,000 |
| Diluted Average Shares | 390,411,000 | 390,740,000 | 390,897,000 | 389,450,000 |
EQUITY RESIDENTIAL (EQR)
EQUITY RESIDENTIAL (EQR)