Equity Commonwealth

EQC’s property portfolio is comprised of 56 properties and 22.7 million square feet.

EQC’s corporate culture is instilled with Equity company values of accountability and alignment with stakeholders, and an emphasis on creating value. Our core values center around building a culture that encourages transparency and open communication based on the following guiding principles:

 Use your best judgment
 Keep your word
 Be a team player
 No surprises
 Speak up
 Reward outstanding performance
 Serve our customers
 Exchange ideas
 Celebrate diversity

Company Growth (employees)
Type
Public
HQ
Chicago, US
Founded
2014
Size (employees)
58 (est)
Website
eqcre.com
Equity Commonwealth was founded in 2014 and is headquartered in Chicago, US

Equity Commonwealth Office Locations

Equity Commonwealth has an office in Chicago
Chicago, US (HQ)
2100 2 N Riverside Plaza

Equity Commonwealth Data and Metrics

Equity Commonwealth Financial Metrics

Equity Commonwealth's revenue was reported to be $99.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

99.6 m

Net income (Q1, 2017)

23.8 m

EBIT (Q1, 2017)

18.2 m

Market capitalization (15-Aug-2017)

3.8 b

Cash (31-Mar-2017)

1.9 b
Equity Commonwealth's current market capitalization is $3.8 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

885.5 m861.9 m714.9 m500.7 m

Revenue growth, %

(3%)(17%)(30%)

Gross profit

514.7 m473.9 m

Gross profit Margin, %

58%55%

General and administrative expense

50.3 m

Operating expense total

(733 m)(422 m)593.6 m441.2 m

Depreciation and amortization

187.7 m171.7 m230.3 m234.4 m227.5 m194 m

EBIT

218.3 m(51.9 m)121.3 m59.4 m

EBIT margin, %

25%(6%)17%12%

Interest expense

179.6 m191.9 m202.1 m173 m143.2 m107.3 m

Income tax expense

550 k1.3 m3.2 m2.6 m3.2 m2.4 m(745 k)

Net Income

(157 m)24 m99.9 m232.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

215.2 m216.6 m213.1 m203.7 m159.2 m137.1 m145.4 m114.6 m99.6 m

General and administrative expense

24.1 m47.5 m16.6 m10.9 m16.2 m13.3 m12.2 m13.3 m12.1 m

Operating expense total

24.1 m47.5 m16.6 m10.9 m16.2 m13.3 m12.2 m13.3 m12.1 m

EBIT

15.9 m12.5 m34 m34.2 m28.9 m30.3 m730 k22.9 m18.2 m

EBIT margin, %

7%6%16%17%18%22%1%20%18%

Interest expense

(22.3 m)(21.4 m)(15 m)

Pre tax profit

46.5 m88 m86.6 m24 m

Income tax expense

(908 k)(703 k)561 k(2.9 m)(23 k)(75 k)(165 k)(225 k)(175 k)

Net Income

(17.8 m)156.7 m13.6 m12.6 m30.5 m46.4 m87.8 m86.4 m23.8 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

18.2 m194 m192.8 m102.2 m217 m364.5 m1.8 b2.1 b

Accounts Receivable

291 k

Total Assets

6.6 b5.8 b5.2 b4.5 b

Accounts Payable

165.9 m162.2 m123.6 m95.4 m

Total Liabilities

1.3 b

Additional Paid-in Capital

4.2 b4.5 b4.4 b4.4 b

Total Equity

3.4 b3.3 b3.4 b3.3 b

Financial Leverage

2 x1.7 x1.6 x1.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

428.4 m597.4 m421.7 m1.3 b1.6 b1.7 b1.8 b2.4 b1.9 b

Total Assets

6.6 b6.2 b5.7 b5.5 b5.3 b5.1 b4.9 b5 b4.5 b

Accounts Payable

138.4 m163.1 m149 m128.6 m121.7 m120.9 m117.4 m87 m62.5 m

Additional Paid-in Capital

4.5 b4.5 b4.5 b4.5 b4.4 b4.4 b4.4 b4.4 b4.4 b

Total Equity

3.4 b3.4 b3.3 b3.4 b3.2 b3.3 b3.3 b

Financial Leverage

2 x1.6 x1.6 x1.5 x1.5 x1.5 x1.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(157 m)24 m99.9 m232.9 m

Depreciation and Amortization

178.4 m166.1 m145.9 m102.7 m

Accounts Payable

(14.3 m)10.4 m(4.6 m)4.7 m

Cash From Operating Activities

234.7 m200.4 m181.5 m163 m

Interest Paid

192 m146.3 m111.3 m85.3 m

Income Taxes Paid

1.3 m2.7 m6 m327 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(17.8 m)156.7 m13.6 m12.6 m30.5 m46.4 m87.8 m86.4 m23.8 m

Depreciation and Amortization

59.8 m57.2 m62.7 m53.6 m40.5 m36.3 m37.3 m29.2 m26.9 m

Accounts Payable

138.4 m163.1 m149 m128.6 m121.7 m120.9 m117.4 m87 m62.5 m
USDY, 2017

Revenue/Employee

1.7 m

Financial Leverage

1.4 x

Equity Commonwealth Market Value History

Traffic Overview of Equity Commonwealth

Equity Commonwealth Company Life and Culture

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