EQUITY RESIDENTIAL
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Operating expenses | $1.0B | $961.8M | $926.7M | $872.3M | $850.6M |
| Operating income | — | — | $1.2B | $1.1B | $1.7B |
| Pretax income | $1.2B | $1.1B | $875.0M | $812.9M | $1.4B |
| Income tax expense | $1.6M | $1.3M | $1.1M | $900,000 | $915,000 |
| Net income | $1.1B | $1.0B | $835.4M | $776.9M | $1.3B |
| Balance Sheet | |||||
| Cash and equivalents | $55.9M | $62.3M | $50.7M | $53.9M | $123.8M |
| Total assets | $20.7B | $20.8B | $20.0B | $20.2B | $21.2B |
| Total liabilities | $9.3B | $9.2B | $8.5B | $8.5B | $9.5B |
| Stockholders' equity | $11.0B | $11.0B | $11.1B | $11.2B | $11.0B |
| Cash Flow Statement | |||||
| Cash from operations | $1.6B | $1.6B | $1.5B | $1.5B | $1.3B |
| Depreciation and amortization | $1.0B | $952.2M | $888.7M | $882.2M | $838.3M |
| Stock-based compensation | $32.2M | $31.3M | $31.8M | $29.5M | $27.8M |
| Dividends paid | $1.0B | $1.0B | $990.1M | $931.8M | $900.5M |
| Share repurchases | $280.7M | $38.5M | $49.1M | — | — |
| Impairments | — | — | — | — | $16.8M |
Shares outstanding 374.7M · Free float 98.8%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.