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.

	C2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 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	2,701	2,572	2,464	2,735	2,874
Cost of Revenue
Gross Profit	1,792	1,655	1,515	1,753	1,827
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	1,345	1,254	788	1,619	1,713
Operating Profit	1,356	1,318	1,676	1,116	1,161
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	941	967	1,401	813	875
Provision for Income Taxes
Net Income After Taxes	944	966	1,400	812	874
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	970	914	1,333	777	835
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	1,003	945	1,376	800	859
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	1.89	1.02	0.846	1.29	1.45
Dividends per Share