TTM
28.5%
YoY change
−24.88pp
Trough year (2011)
0.0%
Peak year (1993)
163.4%
Latest annual
36.3%
Operating Margin history chart for Equity Residential (EQR) from 1993 to 2025
Latest: 36.3%
Operating Margin change chart for Equity Residential (EQR) from 1993 to 2025
Latest: −24.88pp
Operating Margin history table for Equity Residential (EQR) from 1993 to 2025
| 2025 | 36.3% | -24.88pp | ||
| 2024 | 61.2% | -0.27pp | ||
| 2023 | 61.5% | -0.46pp | ||
| 2022 | 61.9% | -6.08pp | ||
| 2021 | 68.0% | +16.76pp | ||
| 2020 | 51.2% | +1.03pp | ||
| 2019 | 50.2% | +6.97pp | ||
| 2018 | 43.2% | +2.60pp | ||
| 2017 | 40.6% | +5.36pp | ||
| 2016 | 35.3% | -1.48pp | ||
| 2015 | 36.8% | +1.52pp | ||
| 2014 | 35.2% | +13.79pp | ||
| 2013 | 21.5% | -7.96pp | ||
| 2012 | 29.4% | +29.42pp | ||
| 2011 | 0.0% | -0.77pp | ||
| 2010 | 0.8% | -2.26pp | ||
| 2009 | 3.0% | -3.60pp | ||
| 2008 | 6.6% | +2.47pp | ||
| 2007 | 4.2% | -1.40pp | ||
| 2006 | 5.6% | -0.64pp | ||
| 2005 | 6.2% | -3.56pp | ||
| 2004 | 9.8% | -21.36pp | ||
| 2003 | 31.1% | -2.58pp | ||
| 2002 | 33.7% | -31.34pp | ||
| 2001 | 65.0% | +27.17pp | ||
| 2000 | 37.9% | -6.64pp | ||
| 1999 | 44.5% | +6.81pp | ||
| 1998 | 37.7% | -2.41pp | ||
| 1997 | 40.1% | +1.95pp | ||
| 1996 | 38.2% | -120.64pp | ||
| 1995 | 158.8% | -2.62pp | ||
| 1994 | 161.4% | -1.96pp | ||
| 1993 | 163.4% | — |
- 202536.3%-24.88pp
- 202461.2%-0.27pp
- 202361.5%-0.46pp
- 202261.9%-6.08pp
- 202168.0%+16.76pp
- 202051.2%+1.03pp
- 201950.2%+6.97pp
- 201843.2%+2.60pp
- 201740.6%+5.36pp
- 201635.3%-1.48pp
- 201536.8%+1.52pp
- 201435.2%+13.79pp
- 201321.5%-7.96pp
- 201229.4%+29.42pp
- 20110.0%-0.77pp
- 20100.8%-2.26pp
- 20093.0%-3.60pp
- 20086.6%+2.47pp
- 20074.2%-1.40pp
- 20065.6%-0.64pp
- 20056.2%-3.56pp
- 20049.8%-21.36pp
- 200331.1%-2.58pp
- 200233.7%-31.34pp
- 200165.0%+27.17pp
- 200037.9%-6.64pp
- 199944.5%+6.81pp
- 199837.7%-2.41pp
- 199740.1%+1.95pp
- 199638.2%-120.64pp
- 1995158.8%-2.62pp
- 1994161.4%-1.96pp
- 1993163.4%—
Operating Margin values are taken from Equity Residential's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Equity Residential (EQR)
According to Equity Residential's latest reported financial statements, the company's latest reported operating margin is 28.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Equity Residential (EQR) came in at 36.33% – contracted 24.9 percentage points year-over-year.
163.39% stands as the all-time-high annual operating margin, posted in 1993, against a low of 0.00% during 2011.
Equity Residential Operating Margin by Year
Equity Residential Operating Margin 2025: 36.3%
Equity Residential operating margin in 2025 was 36.33%, contracted 24.9 percentage points from 2024.
Equity Residential Operating Margin 2024: 61.2%
2024's operating margin for Equity Residential came in at 61.20%, contracted 0.3 percentage points from 2023.
Equity Residential Operating Margin 2023: 61.5%
Equity Residential posted operating margin of 61.47% in 2023, contracted 0.5 percentage points from 2022.
Equity Residential Operating Margin 2022: 61.9%
In 2022, Equity Residential reported operating margin of 61.93%, contracted 6.1 percentage points from 2021.
Equity Residential Operating Margin 2021: 68.0%
Equity Residential operating margin in 2021 was 68.01%.
See more financial history for Equity Residential (EQR).
Sector peers by Operating Margin
Real Estate peers of Equity Residential (EQR), ranked by their latest operating margin
| 50.8% | |
| 48.3% | |
| 44.2% | |
| 38.9% | |
| 29.3% | |
| 20.8% | |
| 14.6% | |
| 4.6% |
- 50.8%
- 44.2%
- 38.9%
- 29.3%
- 20.8%
- 4.6%
Frequently asked questions
Equity Residential (EQR) Key Financials
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