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.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,572	2,464	2,735	2,874	2,980
Cost of Revenue
Gross Profit	1,655	1,515	1,753	1,827	1,886
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	1,254	788	1,619	1,713	1,562
Operating Profit	1,318	1,676	1,116	1,161	1,418
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	967	1,401	813	875	1,081
Provision for Income Taxes
Net Income After Taxes	966	1,400	812	874	1,080
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	914	1,333	777	835	1,036
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	945	1,376	800	859	1,062
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	1.02	0.846	1.29	1.45	1.29
Dividends per Share