Equity Residential (EQR) financial statements (2022 and earlier)

Company profile

Business Address EQUITY RESIDENTIAL
CHICAGO, IL 60606
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments124434647517742
Cash and cash equivalents124434647517742
Total current assets:124434647517742
Noncurrent Assets
Operating lease, right-of-use asset475499513
Property, plant and equipment8,0357,7557,85320,43619,76818,73118,027
Long-term investments and receivables127535258586068
Long-term investments127535258586068
Intangible assets, net (including goodwill)518486498481476471483
Intangible assets, net (excluding goodwill)518486498481476471483
Total noncurrent assets:9,1558,7948,91620,97520,30319,26218,578
Other undisclosed assets11,89011,45112,211(629)2171,3654,537
TOTAL ASSETS:21,16920,28721,17320,39420,57120,70423,157
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt3154151,000    
Total current liabilities:3154151,000    
Noncurrent Liabilities
Other undisclosed liabilities9,1688,7699,1659,6159,7309,80111,894
Total liabilities:9,4839,18410,1659,6159,7309,80111,894
Temporary equity, carrying amount499339463379367  
Stockholders' equity
Stockholders' equity attributable to parent, including:10,95510,52610,31610,17310,24210,22910,470
Preferred stock3737373737  
Common stock4444444
Additional paid in capital9,1219,1298,9668,9358,8878,7588,572
Accumulated other comprehensive loss(34)(44)(78)(65)(89)(114)(152)
Retained earnings1,8271,4001,3861,2621,4041,5442,009
Other undisclosed stockholders' equity attributable to parent     3737
Stockholders' equity attributable to noncontrolling interest232238229226231232226
Total stockholders' equity:11,18710,76310,54510,40010,47410,46110,696
Other undisclosed liabilities and equity     442567
TOTAL LIABILITIES AND EQUITY:21,16920,28721,17320,39420,57120,70423,157

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,464 2,7012,5782,4712,4262,745
Revenue, net2,4712,4262,745
Operating lease, lease income2,464  
Operating leases, income statement, lease revenue2,578
Cost of revenue(1,770)(1,737)(1,739)(1,643)(1,547)(1,512)(1,671)
Cost of goods and services sold(454)(441)(447)(429)(491)(489)(565)
Gross profit:694(1,737)9629359249141,074
Operating expenses(73)(48)(53)(76)(77)(58)(65)
Other undisclosed operating income1,0553,104448    
Operating income:1,6761,3181,3578598478561,009
Nonoperating expense
(Other Nonoperating expense)
(19)(18)(18)(17)(5)(10)(3)
Interest and debt expense(272)(365)(390)(425)(392)(495)(455)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes17(3)(9)156667
Income from continuing operations before equity method investments, income taxes:1,401932939432456417558
Income (loss) from equity method investments(3)(3)66(4)(3)515
Income from continuing operations before income taxes:1,3989291,005428453421573
Income tax expense (benefit)(1)(1)2(1)(0)(2)(1)
Other undisclosed income from continuing operations03422581764,060335
Income from continuing operations:1,3979631,0106856284,480908
Income from discontinued operations     10
Net income:1,3979631,0106856284,480908
Net loss attributable to noncontrolling interest(46)(34)(36)(25)(23)(172)(34)
Other undisclosed net loss attributable to parent(18)(15)(3)(3)(2)(16)(4)
Net income attributable to parent:1,3339149706586034,292870
Preferred stock dividends and other adjustments(3)(3)(3)(3)(3)  
Other undisclosed net loss available to common stockholders, basic     (3)(7)
Net income available to common stockholders, basic:1,3309119676546004,289863
Other undisclosed net income available to common stockholders, diluted463436252317234
Net income available to common stockholders, diluted:1,3769451,0036796234,461898

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1,3979631,0106856284,480908
Other comprehensive income (loss)934(13)24253820
Comprehensive income:1,4069969977096544,518928
Comprehensive loss, net of tax, attributable to noncontrolling interest(64)(50)(39)(29)(26)(189)(39)
Comprehensive income, net of tax, attributable to parent:1,3429469586806284,329889

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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