EQR
Real EstateEquity Residential · REIT - Residential · $25B
What is Equity Residential?
Equity Residential is a large-cap apartment REIT focused on owning and managing residential communities in high-demand urban markets across the United States.
The company acquires, develops, and manages apartment communities in cities that attract long-term, high-quality renters. Revenue comes primarily from rental income across its portfolio of roughly 305 properties and over 78,000 apartment units in markets including Boston, New York, Seattle, San Francisco, Southern California, Washington D.C., and Denver.
Founded in 1993 and headquartered in Chicago, Equity Residential is a member of the S&P 500.
- Urban and suburban apartment communities
- Property acquisition and development
- Residential property management
Is EQR a Good Stock to Buy?
UQS Score rates EQR as Below Average overall.
Among its five pillars, Quality stands out as the relative bright spot, reflecting the operational characteristics typical of an established, large-scale apartment REIT. Valuation is rated Neutral, meaning the stock is neither clearly cheap nor stretched relative to fundamentals.
Moat, Growth, and Risk are all rated Weak, pointing to limited competitive differentiation, constrained expansion prospects, and meaningful risk factors worth monitoring.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does EQR pay dividends?
Yes — Equity Residential pays a dividend.
Equity Residential pays a regular dividend, consistent with the REIT structure that requires distributing the majority of taxable income to shareholders. Income-focused investors often consider EQR for this reason, though dividend sustainability depends on ongoing rental income and portfolio performance.
When does EQR report earnings?
Equity Residential reports earnings on a quarterly cadence, typical for US-listed REITs.
Results tend to reflect occupancy trends, rental rate changes, and operating costs across its urban apartment portfolio. Macro factors such as interest rates and housing supply in target markets can meaningfully influence quarterly outcomes.
For the most recent quarter's results, visit Equity Residential's investor relations page directly.
EQR Price History
-3.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Equity Residential?
Based on Equity Residential's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Equity Residential do?
Equity Residential owns, develops, and manages apartment communities in major U.S. cities including Boston, New York, Seattle, San Francisco, and Denver. The company targets markets that attract long-term, high-quality renters and generates revenue primarily through residential leases.
Does EQR pay dividends?
Yes, Equity Residential pays a regular dividend. As a REIT, it is required to distribute most of its taxable income to shareholders, making dividends a core part of its investor proposition. Check the company's investor relations page for the current dividend schedule.
When does EQR report earnings?
EQR reports on a quarterly basis, in line with standard US-listed REIT practice. For confirmed dates and the latest results, refer to Equity Residential's official investor relations page.
Is EQR a good stock to buy?
UQS Score rates EQR as Below Average, with Quality and Valuation as relative strengths but Moat, Growth, and Risk all rated Weak. Whether it fits your portfolio depends on your income goals and risk tolerance. Pro members can view the complete pillar breakdown.
Is EQR overvalued?
EQR's Valuation pillar is rated Neutral, suggesting the stock is not clearly expensive or cheap relative to its fundamentals. Full valuation metrics are available to Pro members on uqs-score.com.
What is EQR's market cap bracket?
Equity Residential is classified as a large-cap company, reflecting its scale as one of the largest publicly traded apartment REITs in the United States with a portfolio spanning multiple major metro areas.
Who founded Equity Residential?
Equity Residential was founded in 1993. The company's founding history and leadership background are widely documented on its official website and in public filings.
Is EQR a long-term quality investment?
As a long-term quality indicator, EQR's Below Average UQS Score — driven by Weak ratings in Moat, Growth, and Risk — suggests caution. Its Quality pillar offers some support, but the overall profile warrants careful review before a long-term commitment.
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Pro Analysis
EQR — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 9, 2026 | 41.7 | 69.8 | 31.0 | 21.0 | 29.0 | 53.2 | -1.3 |
| May 7, 2026 | 43.0 | 77.7 | 31.0 | 13.1 | 33.0 | 54.9 | 0.0 |
| May 3, 2026 | 43.0 | 77.7 | 31.0 | 13.1 | 33.0 | 55.3 | -0.2 |
| May 1, 2026 | 43.2 | 77.7 | 31.0 | 13.1 | 33.0 | 56.2 | 0.0 |
| Apr 26, 2026 | 43.2 | 77.7 | 31.0 | 13.3 | 33.0 | 56.4 | +0.1 |
| Apr 25, 2026 | 43.1 | 77.7 | 31.0 | 13.3 | 33.0 | 55.8 | -0.1 |
| Apr 23, 2026 | 43.2 | 77.8 | 31.0 | 13.3 | 33.0 | 55.6 | +0.1 |
| Apr 21, 2026 | 43.1 | 77.4 | 31.0 | 13.3 | 33.0 | 55.9 | 0.0 |
| Apr 19, 2026 | 43.1 | 77.4 | 31.0 | 13.2 | 33.0 | 56.0 | -0.1 |
| Apr 18, 2026 | 43.2 | 77.4 | 31.0 | 13.2 | 33.0 | 56.8 | +0.6 |
EQR — Pillar Breakdown
Quality
— 69.6/100 (25%)Equity Residential shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 12.9/100 (20%)Equity Residential faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 29.0/100 (15%)Equity Residential presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 56.1/100 (15%)Equity Residential trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 31/100 (25%)Equity Residential operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for EQR.
Score Composition
Financial Data
More Stock Analysis
How is the EQR UQS Score Calculated?
The UQS (Unified Quality Score) for Equity Residential is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Equity Residential's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Equity Residential is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.