EQR — Equity Residential Income Statement

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Annual income statement for Equity Residential, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	PRESS
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,464	2,735	2,874	2,980	3,094
Cost of Revenue
Gross Profit	1,515	1,753	1,827	1,886	1,945
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	788	1,619	1,713	1,562	1,598
Operating Profit	1,676	1,116	1,161	1,418	1,496
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,401	813	875	1,081	1,172
Provision for Income Taxes
Net Income After Taxes	1,400	812	874	1,080	1,171
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	1,333	777	835	1,036	1,120
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	1,376	800	859	1,062	1,119
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.846	1.29	1.45	1.29	1.23
Dividends per Share