Equity Residential

As of June 30, 2026, Equity Residential carries a market capitalization of 425.04B, placing it among publicly traded companies globally. Its enterprise value stands at 580.84B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Equity Residential's next confirmed earnings release is scheduled for November 3, 2026.

As of June 30, 2026, Equity Residential has 374.89M shares outstanding.

As of June 30, 2026, Equity Residential trades at a trailing price-to-earnings ratio of 28.02. The price-to-sales ratio is 7.83, and the price-to-book ratio stands at 2.32.

As of June 30, 2026, Equity Residential trades at an EV/EBITDA multiple of 17.48 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 10.62 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 37.69 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Equity Residential trades at an EV/FCF ratio of 17.69, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 580.84B versus a market cap of 425.04B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Equity Residential maintains a current ratio of 0.13, meaning it holds 0.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 78.68, indicating elevated leverage, while an interest coverage ratio of 5.96 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Equity Residential posted a return on equity (ROE) of 8.13, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.44 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.24, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.90, useful for judging operating efficiency across full business cycles. The company generates approximately 22.55M in revenue per employee across its workforce of 2,425.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Equity Residential recorded 27.76M in income tax expense. That works out to an effective tax rate of 0.17, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 15.95B, leaving 15.29B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on August 6, 2026, Equity Residential's stock has declined approximately 16.36% over the past 52 weeks.

Over the twelve months ended June 30, 2026, Equity Residential generated 54.67B in revenue and converted that into 15.29B in net income, yielding earnings per share of 40.58. EBITDA reached 33.22B, while operating income came in at 15.41B.

As of June 30, 2026, Equity Residential holds 636.05M in cash and equivalents against 149.65B in total debt, resulting in a net debt position of 143.71B. Total book value stands at 183.41B, with working capital of -17.25B providing operational flexibility.

Equity Residential produced 27.36B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -96.39M in capital expenditures, free cash flow totaled 27.27B - equivalent to 72.25 per share.

Over the twelve months ended June 30, 2026, Equity Residential posted a gross margin of 62.34, reflecting its pricing power and cost economics. The operating margin of 28.19 and net profit margin of 27.97 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Equity Residential paid dividends of 48.77 per share. The dividend payout ratio of 114.14 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.21, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 7.02, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Equity Residential shareholders.

Equity Residential's most recent stock split took place on October 12, 2001 with a 1:2 split ratio.

As of June 30, 2026, Equity Residential has an Altman Z-Score of 1.84, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.