Buyback yield (TTM)
2.25%
Shareholder yield (TTM)
6.98%
5Y share count change
0.7%
Buyback spend (TTM)
$500.11M
Cumulative buybacks
$2.85B
Key takeaways
- Equity Residential (EQR) repurchased about $500.11M of stock over the trailing twelve months.
- Diluted share count is roughly flat (0.7%) over the last ~5 fiscal years — buybacks are offsetting dilution but not shrinking the float.
- TTM buyback ÷ stock-based-comp ratio of 19.09× — repurchases more than cover SBC dilution.
- TTM repurchases used about 234% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Equity Residential (EQR)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Equity Residential (EQR)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Equity Residential (EQR)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Equity Residential (EQR)
Latest: $280.72M
Overview
In 2025, Equity Residential (EQR) buyback spend totalled $280.72M – surged 629.6% year-over-year.
Over 2015–2025 (10 years), Equity Residential buyback spend expanded at a +33.0% compound annual rate, with mixed annual results across the window.
Between 2007 and 2025, Equity Residential buyback spend plunged 77.0%, falling from $1.22B to $280.72M.
Across the available history, buyback spend reached its high of $1.22B in 2007 and its low of $0.00 in 1993.
Equity Residential Buyback Spend 2025: $280.72M
Equity Residential posted buyback spend of $280.72M in 2025, surged 629.6% from 2024.
Equity Residential Buyback Spend 2024: $38.47M
In 2024, Equity Residential reported buyback spend of $38.47M, declined 21.6% below 2023.
Equity Residential Buyback Spend 2023: $49.10M
Equity Residential buyback spend in 2023 was $49.10M.
Equity Residential Buyback Spend 2022: $0.00
Equity Residential buyback spend in 2022 was $0.00.
Equity Residential Buyback Spend 2021: $0.00
Equity Residential buyback spend in 2021 was $0.00.
See more financial history for Equity Residential (EQR).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $280.72M | $0.00 | $280.72M | 1.17% | 0.39B | -0.5% | |
| 2024 | $38.47M | $31.29M | $7.19M | 0.14% | 0.39B | -0.0% | |
| 2023 | $49.10M | $31.82M | $17.29M | 0.21% | 0.39B | +0.4% | |
| 2022 | $0.00 | $29.51M | −$29.51M | — | 0.39B | +0.4% | |
| 2021 | $0.00 | $27.81M | −$27.81M | — | 0.39B | +0.6% | |
| 2020 | $0.00 | $23.17M | −$23.17M | — | 0.39B | -0.1% | |
| 2019 | $0.00 | $24.45M | −$24.45M | — | 0.39B | +0.7% | |
| 2018 | $0.00 | $27.13M | −$27.13M | — | 0.38B | +0.3% | |
| 2017 | $0.00 | $25.00M | −$25.00M | — | 0.38B | +0.2% | |
| 2016 | $0.00 | $30.53M | −$30.53M | — | 0.38B | +0.4% | |
| 2015 | $16.21M | $34.61M | −$18.40M | 0.05% | 0.38B | +0.8% | |
| 2014 | $1.78M | $27.54M | −$25.77M | 0.01% | 0.38B | +6.6% | |
| 2013 | $0.00 | $35.47M | −$35.47M | — | 0.35B | +10.8% | |
| 2012 | $150.02M | $24.83M | $125.19M | 0.85% | 0.32B | +8.4% | |
| 2011 | $0.00 | $21.18M | −$21.18M | — | 0.29B | +4.2% | |
| 2010 | $2.76M | $18.88M | −$16.11M | 0.02% | 0.28B | +3.4% | |
| 2009 | $1.12M | $17.84M | −$16.72M | 0.01% | 0.27B | +1.3% | |
| 2008 | $12.55M | $22.31M | −$9.76M | 0.16% | 0.27B | -10.7% | |
| 2007 | $1.22B | $21.63M | $1.20B | 12.45% | 0.30B | -4.2% | |
| 2006 | $83.36M | $22.08M | $61.27M | 0.57% | 0.32B | +1.5% | |
| 2005 | $125.07M | $0.00 | $125.07M | 1.12% | 0.31B | +11.1% | |
| 2004 | $24.00K | $0.00 | $24.00K | 0.00% | 0.28B | +2.7% | |
| 2003 | $400.64M | $0.00 | $400.64M | 4.98% | 0.27B | -8.6% | |
| 2002 | $115.00M | $0.00 | $115.00M | 1.73% | 0.30B | +0.9% | |
| 2001 | $212.72M | $0.00 | $212.72M | 2.76% | 0.30B | +3.0% | |
| 2000 | $294.00K | $0.00 | $294.00K | — | 0.29B | +5.6% | |
| 1999 | $6.30M | $0.00 | $6.30M | — | 0.27B | +20.5% | |
| 1998 | $94.70M | $0.00 | $94.70M | — | 0.23B | +68.5% | |
| 1997 | $22.47M | $0.00 | $22.47M | — | 0.13B | +56.9% | |
| 1996 | $11.50M | $0.00 | $11.50M | — | 0.09B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$280.72M
- 2024$38.47M
- 2023$49.10M
- 2022$0.00
- 2021$0.00
- 2020$0.00
- 2019$0.00
- 2018$0.00
- 2017$0.00
- 2016$0.00
- 2015$16.21M
- 2014$1.78M
- 2013$0.00
- 2012$150.02M
- 2011$0.00
- 2010$2.76M
- 2009$1.12M
- 2008$12.55M
- 2007$1.22B
- 2006$83.36M
- 2005$125.07M
- 2004$24.00K
- 2003$400.64M
- 2002$115.00M
- 2001$212.72M
- 2000$294.00K
- 1999$6.30M
- 1998$94.70M
- 1997$22.47M
- 1996$11.50M
- 1995$0.00
- 1994$0.00
- 1993$0.00
Buybacks vs stock-based compensation for Equity Residential (EQR)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 19.09×.
Buybacks vs dividends (share of cash returned) for Equity Residential (EQR)
How Equity Residential splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Equity Residential, ranked by their latest buyback spend.
| $364.60M | |
| $227.15M | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $364.60M
- $227.15M
- $0.00
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $213.84M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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