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EQR

S&P 500
Neutral · 53/100

Equity Residential

Real Estate
Multi-Family Residential REITs

$64.73

1.0%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 6.9% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$24.01B

P/E

25.1x

Forward P/E (est.)

26.13x

ROE

8.7%

Revenue Growth

3.4%

EPS Growth

-4.0%

Profit Margin

30.6%

FCF Yield

6.2%

Debt / Equity

0.75x

ROIC

5.0%

Interest Coverage

892.76x

Current Ratio

Dividend Yield

4.2%

Implied Growth (rev. DCF)

Rating Score

53/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what EQR's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. EQR trades near $64.73, around its 50-day average ($64.85) and 200-day average ($62.71). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 42 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. EQR's is $1.37 (~2.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month EQR found buyers near $64.13 (support) and sellers near $69.03 (resistance); its 52-week range is $57.57–$69.87. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Equity Residential (EQR) is a large-cap company in the Multi-Family Residential REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $24.01B.

In its latest reported year it generated about $2.70B in revenue.

Our model rates EQR Neutral (53/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

-0.4%

Revenue moved from $2.74B in 2015 to $2.70B in 2019, a -0.4% compound annual growth rate. The most recent year was roughly flat (3.4%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

62.8%

Operating Margin

50.2%

Net Margin

30.6%

ROE

8.7%

Equity Residential keeps about 30.6% of each sales dollar as net profit, with a 62.8% gross margin and 50.2% operating margin. Return on equity is 8.7% and return on invested capital about 5.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$8.24B

Net Debt

$8.21B

Net Debt / EBITDA

6.05x

Debt / Equity

0.75x

Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 892.8x. That is a moderate, manageable debt load for most businesses. It carries roughly $8.24B of total debt against $34.68M of cash.

Cash Flow Analysis

Operating CF

Free Cash Flow

FCF Margin

Valuation Analysis
Research

P/E

25.1x

P/S

8.01x

P/B

2.11x

EV / EBITDA

EQR trades at 25.1x trailing earnings (about 26.1x on estimated forward earnings), 8.0x sales, and 2.1x book value. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
25.1xFair
Forward P/E
26.1xExpensive
P/S ratio
8.0xExpensive
Revenue growth
3.4%Weak
EPS growth
-4.0%Weak
Gross margin
62.8%Strong
Net margin
30.6%Strong
ROE
8.7%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How EQR stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), EQR ranks #16 of 31 by our overall rating. It trades at a discount versus the sector on earnings (25.1x P/E vs. 30.8x median) with a higher return on equity (8.7% vs. 8.0%) and slower revenue growth (3.4% vs. 5.3%).

P/E vs sector

25.1x

median 30.8x

ROE vs sector

8.7%

median 8.0%

Growth vs sector

3.4%

median 5.3%

Sector rank

#16

of 31 by rating

CompanyP/ERev Gr.Rating
EQRThis stock25.1x3.4%Neutral· 53
AVB22x4.0%Favorable· 61
ESS30.8x5.3%Neutral· 50
MAA39.6x0.8%Neutral· 42
CPT38x1.3%Favorable· 59
UDR24.7x2.1%Favorable· 66
SBAC19.5x6.3%Neutral· 57
VICI9.3x4.1%Favorable· 67
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianAVBESSMAACPTUDRSBACVICIEQRP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$38.86$64.77

vs. $64.73 today · expected CAGR -10%0%

Metric20262027202820292030
Revenue$2.78B$2.87B$2.95B$3.04B$3.13B
Net income$862.45M$888.33M$914.98M$942.43M$970.70M
EPS$2.30$2.37$2.44$2.52$2.59
Share price (low)$34.53$35.56$36.63$37.73$38.86
Share price (high)$57.55$59.27$61.05$62.88$64.77
CAGR (low–high)-47% / -11%-26% / -4%-17% / -2%-13% / -1%-10% / 0%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for EQR:

  • High net margins (30.6%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~6.2%) funds buybacks and dividends.
  • Pays a 4.2% dividend on top of any price gains.
Bear Case

The case against EQR:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Equity Residential is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 25.1x earnings, which our model scores Neutral (53/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.