Earnings Summary

Equity Residential’s revenue jumped 4.41% since last year same period to $717.31Mn in the Q2 2023. On a quarterly growth basis, Equity Residential has generated 1.73% jump in its revenue since last 3-months.

Equity Residential’s net profit fell -37.88% since last year same period to $139.2Mn in the Q2 2023. On a quarterly growth basis, Equity Residential has generated -34.35% fall in its net profits since last 3-months.

Equity Residential’s net profit margin fell -40.51% since last year same period to 19.41% in the Q2 2023. On a quarterly growth basis, Equity Residential has generated -35.47% fall in its net profit margins since last 3-months.

Equity Residential’s earning per share (EPS) estimates for the current quarter stand at 0.38 - a 8.57% jump from last quarter’s estimates.

Equity Residential’s earning per share (EPS) estimates for the current year stand at 0.38.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Equity Residential’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Equity Residential’s return on equity (ROE) stands at 0.08.

Equity Residential declared 0.66 dividend per share during the earnings announcement for Q1 2023.