Equity Residential Revenue, Profits - EQR Annual Income Statement

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$56.17 $0.3 (0.54%) EQR stock closing price Feb 22, 2018 (Closing)

Looking at financial statements, along with the Equity Residential stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. The income statement for EQR which shows a YOY revenue decline of -11.63% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Revenue for year 2016 is $2.43B and has decreased from $2.74B year on year as is evident when you compare the latest figures in the latest Equity Residential profit and loss statement with those of the prior corresponding period. Also see Equity Residential assets and Equity Residential free cash flow for a complete valuation of EQR stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Equity Residential Revenues or Net Sales
2.43B2.74B2.61B2.39B2.12B1.99B2B1.94B2.1B
Cost Of Goods Sold (COGS)806.22M905.16M883.56M834.26M744.42M725.56M811.61M781.92M844.87M
Equity Residential Gross Profit
1.62B1.84B1.73B1.55B1.38B1.26B1.18B1.16B1.26B
Research & Development Expense---------
Selling General & Admin Expense57.84M65.08M50.94M62.17M47.24M43.6M85.26M50.11M167.05M
Income Before Depreciation Depletion Amortization1.56B1.77B1.68B1.49B1.33B1.22B1.1B1.11B1.09B
Depreciation Depletion Amortization705.64M765.89M758.86M978.97M664.08M646.96M656.63M582.28M591.16M
Non Operating Income55.4M4.43M-4.61M-24.31M123.18M-6.58M-6.45M10.19M33.54M
Interest Expense494.87M454.87M468.27M609.05M479.03M486.24M481.02M516.62M488.8M
Equity Residential Pretax Income
416.61M558.38M448.48M-121.07M312.1M80.5M-45.48M22.96M44.85M
Provision for Income Taxes1.61M-1.39M1.16M---2.8M5.28M
MinorityInterest187.94M37.89M27.37M74.74M39.48M41.61M12.37M19.75M4.4M
Investment Gains Losses20.53M15.02M-2.67M-45.92M-0.01M4.21M25.97M7.87M5.74M
Other Income4.04B335.13M212.68M------
Income Before Extraordinaries & Disc Operations4.48B907.62M657.1M-168.17M311.55M83.99M-19.84M28.03M40.9M
Extraordinary Items & Discontinued Operations--1.58M2.07B569.64M851.19M315.82M353.99M379.18M
Equity Residential Profit/ Loss (Net Income)
4.29B870.12M631.3M1.83B841.71M893.58M283.61M362.27M420.09M
Average Shares used to compute Diluted EPS381.99M380.62M377.74M354.31M319.77M312.07M282.89M290.11M290.06M
Average Shares used to compute Basic EPS365M363.5M361.18M354.31M302.7M294.86M282.89M273.61M270.01M
Income Before Nonrecurring Items4.29B869.72M629.73M-242.91M146.62M49.9M47.26M32.9M40.91M
Income from Nonrecurring Items----125.46M-7.51M-59.64M-24.63M-
Equity Residential Earnings Per Share Basic Net
11.752.371.745.162.732.980.951.271.50
Equity Residential Earnings Per Share Diluted Net
11.68M2.36M1.73M5.16M2.7M2.95M-1.27M1.4M
EPS Diluted Before Nonrecurring Items11.682.361.72-0.470.570.250.110.140.10
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common13.022.212.001.851.781.581.471.641.93
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Equity Residential stock analysis. It helps to look at the following income statement items:

  • Topline: A growing topline, as seen from the Equity Residential revenue chart, as isn't the case with Equity Residential indicates a sagging business. One needs to compare the YoY topline or sales growth of EQR stock with its peers like AVB stock and ESS stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $4.29B for EQR stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The EQR financials along with Equity Residential historical stock prices provide a lot of details about the firm.

Equity Residential Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
34.46
PS Ratio (price sales ratio)
8.35
Operating Margin
34.1
Net Profit Margin
19.9
Dividend Yield
3.56%