Equity Residential is a company focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets. The Company owns or has investments in properties primarily located in Boston, New York, Washington, Seattle, San Francisco and Southern California.

Employee Rating

4.5More
TypePublic
HQChicago, US
Founded1967
Size (employees)2,700 (est)
Websiteequityapartments.com
Equity Residential was founded in 1967 and is headquartered in Chicago, US
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Key People/Management at Equity Residential

Robert A. Garechana

Robert A. Garechana

Executive Vice President & Chief Financial Officer
Barry S. Altshuler

Barry S. Altshuler

Executive Vice President – Investments
Alexander Brackenridge

Alexander Brackenridge

Executive Vice President – Investments
David S. Santee

David S. Santee

Executive Vice President – Property Operations
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Equity Residential Office Locations

Equity Residential has offices in Chicago, Los Angeles, Boston, Washington and in 4 other locations
Chicago, US (HQ)
Equity Residential Two North Riverside Plaza, Suite 400
Boston, US
400 50 Staniford St
Irvine, US
225 2355 Main St
Los Angeles, US
750 6100 Center Dr
New York, US
230 W 41st St
San Francisco, US
210 333 3rd St
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Equity Residential Financials and Metrics

Equity Residential Revenue

Equity Residential's revenue was reported to be $2.47 b in FY, 2017
USD

Revenue (Q3, 2018)

652.9m

Net income (Q3, 2018)

223.8m

EBIT (Q3, 2018)

224.7m

Market capitalization (9-Nov-2018)

24.9b

Closing stock price (9-Nov-2018)

67.5

Cash (30-Sep-2018)

33.0m
Equity Residential's current market capitalization is $24.9 b.
Annual
USDFY, 2013Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.4b2.4b2.6b2.7b2.4b2.5b

Revenue growth, %

10%5%(12%)

General and administrative expense

62.2m65.1m57.8m52.2m

Operating expense total

1.9b1.7b1.6b1.6b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

629.4m633.4m652.6m664.1m666.4m679.1m696.3m619.1m595.2m606.1m604.1m612.5m624.1m633.0m639.8m652.9m

General and administrative expense

14.4m17.6m13.8m10.0m19.9m15.7m15.3m16.7m18.3m12.4m14.2m13.6m12.6m16.3m12.5m12.6m

Operating expense total

508.1m434.2m424.3m420.8m448.2m432.9m438.8m402.5m389.1m396.7m399.7m401.9m406.3m436.1m422.2m428.1m

Depreciation and amortization

277.3m185.2m190.5m194.3m196.1m172.9m176.1m179.2m179.0m179.9m184.1m196.3m192.9m194.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

53.5m40.1m42.3m77.2m50.6m

Accounts Receivable

Inventories

Total Assets

22.8b23.0b23.2b20.7b20.6b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.9b658.7m908.0m4.5b

Depreciation and Amortization

1.0b758.9m765.9m705.6m

Accounts Payable

(146.0k)104.0k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

1.8b82.7m200.5m431.6m190.2m488.8m694.3m3.7b4.0b4.2b149.9m354.1m498.3m220.5m339.0m562.8m

Depreciation and Amortization

832.3m186.0m376.8m568.1m194.5m388.8m584.9m172.9m349.0m528.2m179.0m358.9m543.0m196.3m389.3m583.9m

Accounts Payable

77.0k101.0k104.0k20.0k20.0k20.0k14.0k33.0k

Cash From Operating Activities

767.1m336.9m619.5m1.0b347.9m675.0m1.1b201.4m475.1m819.3m293.3m550.0m963.0m361.0m685.5m1.0b
USDY, 2018

Financial Leverage

2 x
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Equity Residential Online and Social Media Presence

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Equity Residential News and Updates

Equity Residential Seeks Buyers for Two NYC Buildings

Publicly traded landlord Equity Residential is marketing two Manhattan apartment buildings.
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Equity Residential Company Life and Culture

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Equity Residential Frequently Asked Questions

  • When was Equity Residential founded?

    Equity Residential was founded in 1967.

  • Who are Equity Residential key executives?

    Equity Residential's key executives are Robert A. Garechana, Barry S. Altshuler and Alexander Brackenridge.

  • How many employees does Equity Residential have?

    Equity Residential has 2,700 employees.

  • What is Equity Residential revenue?

    Latest Equity Residential annual revenue is $2.5 b.

  • What is Equity Residential revenue per employee?

    Latest Equity Residential revenue per employee is $915.3 k.

  • Who are Equity Residential competitors?

    Competitors of Equity Residential include Duke Realty, Qrf and Care Capital Properties.

  • Where is Equity Residential headquarters?

    Equity Residential headquarters is located at Equity Residential Two North Riverside Plaza, Suite 400, Chicago.

  • Where are Equity Residential offices?

    Equity Residential has offices in Chicago, Los Angeles, Boston, Washington and in 4 other locations.

  • How many offices does Equity Residential have?

    Equity Residential has 8 offices.