Equity Residential
New York Stock ExchangeTotal Valuation
Equity Residential carries a market capitalization of 25.23B, placing it among publicly traded companies globally. Its enterprise value stands at 31.38B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 25.23B |
| Enterprise Value | 31.38B |
Share Statistics
Equity Residential currently has 374.67M shares outstanding.
| Shares Outstanding | 374.67M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Equity Residential trades at a trailing price-to-earnings ratio of 23.53. The price-to-sales ratio is 7.20, and the price-to-book ratio stands at 27.85.
| PE Ratio | 23.53 |
| PS Ratio | 7.20 |
| PB Ratio | 27.85 |
| P/TBV Ratio | 2.04 |
| P/FCF Ratio | 14.13 |
| P/OCF Ratio | 13.80 |
Enterprise Valuation
On an enterprise value basis, Equity Residential trades at an EV/EBITDA multiple of 16.49 and an EV/FCF ratio of 16.17. The EV/Sales ratio of 10.08 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 35.29 provides insight into valuation relative to core operating earnings.
| EV / Sales | 10.08 |
| EV / EBITDA | 16.49 |
| EV / EBIT | 35.29 |
| EV / FCF | 16.17 |
Financial Position
Equity Residential maintains a current ratio of 0.11, meaning it holds 0.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 78.42, indicating elevated leverage, while an interest coverage ratio of 6.10 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 0.11 |
| Quick Ratio | 0.03 |
| Debt / Equity | 78.42 |
| Debt / EBITDA | 4.54 |
| Interest Coverage | 6.10 |
Financial Efficiency
Equity Residential posts a return on equity of 86.22 and a return on invested capital of 4.51.
| Return on Equity (ROE) | 86.22 |
| Return on Assets (ROA) | 4.64 |
| Return on Invested Capital (ROIC) | 4.51 |
| Return on Capital Employed (ROCE) | 12.43 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Equity Residential has paid 1.59M in income taxes, reflecting an effective tax rate of 0.16.
| Income Tax | 1.59M |
| Effective Tax Rate | 0.16 |
Stock Price Statistics
Equity Residential's stock has declined approximately -2.54703% over the past 52 weeks. The 50-day moving average sits at 64.51, while the 200-day moving average is 62.71.
| Beta (5Y) | N/A |
| 52-Week Price Change | -2.54703% |
| 50-Day Moving Average | 64.51 |
| 200-Day Moving Average | 62.71 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Equity Residential generated 3.11B in revenue and converted that into 953.58M in net income, yielding earnings per share of 2.52. EBITDA reached 1.90B, while operating income came in at 889.15M.
| Revenue | 3.11B |
| Gross Profit | 1.95B |
| Operating Income | 889.15M |
| Pretax Income | 996.40M |
| Net Income | 953.58M |
| EBITDA | 1.90B |
| EBIT | 889.15M |
| Earnings Per Share (EPS) | 2.52 |
Balance Sheet
Equity Residential holds 34.68M in cash and equivalents against 8.64B in total debt, resulting in a net debt position of 8.30B. Total book value stands at 804.45M, with working capital of -1.07B providing operational flexibility.
| Cash & Cash Equivalents | 34.68M |
| Total Debt | 8.64B |
| Net Debt | 8.30B |
| Equity (Book Value) | 804.45M |
| Book Value Per Share | 2.12 |
| Working Capital | -1.07B |
Cash Flow
Equity Residential produced 1.62B in operating cash flow over the past twelve months. After subtracting -4.91M in capital expenditures, free cash flow totaled 1.62B - equivalent to 4.27 per share.
| Operating Cash Flow | 1.62B |
| Capital Expenditures | -4.91M |
| Free Cash Flow | 1.62B |
| FCF Per Share | 4.27 |
Margins
Equity Residential operates with a gross margin of 62.78, reflecting its pricing power and cost economics. The operating margin of 28.56 and net profit margin of 30.63 provide insight into operational efficiency.
| Gross Margin | 62.78 |
| Operating Margin | 28.56 |
| Pretax Margin | 32.01 |
| Profit Margin | 30.63 |
| EBITDA Margin | 61.14 |
Dividends & Yields
The company's payout ratio of 104.60 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 2.78 |
| Dividend Yield | N/A |
| Payout Ratio | 104.60 |
| Shareholder Yield | 4.98 |
| FCF Yield | 7.08 |
Stock Splits
Equity Residential's most recent stock split took place on October 12, 2001 with a 1:2 split ratio.
| Last Split Date | 10/12/2001 |
| Split Ratio | 1:2 |
Scores
Equity Residential posts an Altman Z-Score of 1.70, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.70 |