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Income Statement Highlights for EQR


Sales and Profits

Educational Information

Revenue is a company's gross amount of money made, sometimes refered to as the 'top line'-item, or Sales.
Net Income, also refered to as Profits, Earnings, or the 'bottom line', is the money that's left after all bills are paid.
Both 'line'-phrases refer to the stats' relative position on an Income Statement.
Profit Margin is just Net Income divided by Revenue for the given year.


Category Year Revenue Revenue GR Net Income Net Income GR Profit Margin
Average 4.764% -5.195% 30.184%
2023 $2,701,075,000 0.000% $835,438,000 7.533% 30.930%
2022 $2,701,075,000 0.000% $776,911,000 -41.711% 28.760%
2021 $2,701,075,000 0.000% $1,332,850,000 45.884% 49.350%
2020 $2,701,075,000 0.000% $913,636,000 -5.847% 33.820%
2019 $2,701,075,000 4.756% $970,377,000 47.578% 35.930%
2018 $2,578,434,000 4.331% $657,535,000 8.962% 25.500%
2017 $2,471,406,000 1.880% $603,454,000 -85.941% 24.420%
2016 $2,425,800,000 -11.627% $4,292,163,000 393.284% 176.940%
2015 $2,744,965,000 4.980% $870,120,000 37.828% 31.700%
2014 $2,614,748,000 9.509% $631,308,000 -65.514% 24.140%

EPS-Related Stats

Educational Information

Earnings per Share is just the Net Income divided by the number of Shares Outstanding.
Some companies report EPS to the SEC and some don't, so we've included a calculated version to provide context when reported values are lacking.
If all shares data is unfound in SEC records, shares outstanding null values have been replaced with one (1), which may skew EPS calculations dramatically.


Category Year Shares Shares GR Reported EPS Reported EPS GR Calculated EPS Calculated EPS GR
Average 0.731% $2.30/share -6.226% $2.33/share -6.030%
2023 378,773,000 0.682% $2.20/share 6.796% $2.21/share 6.763%
2022 376,209,000 0.636% $2.06/share -42.135% $2.07/share -42.017%
2021 373,833,000 0.549% $3.56/share 45.306% $3.57/share 45.122%
2020 371,791,000 0.359% $2.45/share -6.130% $2.46/share -6.107%
2019 370,461,000 0.655% $2.61/share 46.629% $2.62/share 46.369%
2018 368,052,000 0.295% $1.78/share 8.537% $1.79/share 9.146%
2017 366,968,000 0.539% $1.64/share -86.043% $1.64/share -86.054%
2016 365,002,000 0.414% $11.75/share 395.781% $11.76/share 392.050%
2015 363,498,000 0.642% $2.37/share 36.207% $2.39/share 36.571%
2014 361,181,000 1.941% $1.74/share -66.279% $1.75/share -66.151%

REIT-related Stats

Educational Information

FFO is the REIT-equivalent of Net Income, and we use that to calculate REIT EPS: FFO divided by Shares Outstanding.
We don't have the necessary data available at this time to calculate AFFO, Adjusted Funds from Operations, which is a more accurate Net Income proxy for REITS.
However, the FFO numbers here can be used as a reliable substitute in lieu of that current deficiency in our models.
If the company you're looking at isn't a REIT, this table can be ignored altogether.
If stats on sales of property weren't found, null values were replaced with zero (0), which may skew FFO calculations.


Category Year FFO FFO GR Shares Shares GR REIT EPS REIT EPS GR
Average 4.902% 0.731% $3.45/share -0.817%
2023 $1,441,608,000 6.411% 378,773,000 0.682% $3.81/share 5.691%
2022 $1,354,754,000 23.278% 376,209,000 0.636% $3.60/share 22.500%
2021 $1,098,939,000 -8.624% 373,833,000 0.549% $2.94/share -9.123%
2020 $1,202,661,000 -11.166% 371,791,000 0.359% $3.23/share -11.483%
2019 $1,353,823,000 14.107% 370,461,000 0.655% $3.65/share 13.365%
2018 $1,186,450,000 -0.311% 368,052,000 0.295% $3.22/share -0.604%
2017 $1,190,146,000 24.785% 366,968,000 0.539% $3.24/share 24.117%
2016 $953,757,000 -26.684% 365,002,000 0.414% $2.61/share -26.986%
2015 $1,300,881,000 10.480% 363,498,000 0.642% $3.58/share 9.776%
2014 $1,177,484,000 -58.090% 361,181,000 1.941% $3.26/share -58.888%