Company / Operating Income
Equity Residential Operating Income History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.2B
FY2023
5-year range
$1.1B / $1.7B
FY2019-FY2023
Trend
+4.0%
vs FY2022
Sector context
#9 of 71
Real Estate
What the data says
Equity Residential's operating income of $1.2B is higher than 87% of companies in the Real Estate sector (FY2023). Operating Income has fluctuated over the past 8 years, ranging from $856M in FY2016 to $1.7B in FY2021.
Based on SEC 10-K filings.
$1.2B in FY2023 with a 5-year CAGR of +0.8%. Top quartile in the Real Estate sector.
Declined from $1.7B to $1.2B over the past 2 years.
Real Estate sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -4.2%
- 5-Year CAGR
- +0.8%
- 10-Year CAGR
- -
Sector benchmark
+135.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +0.8%, indicating consistent growth.
- In FY2023, operating income increased 4.0% year-over-year.
- Ranks #9 out of 71 companies in the Real Estate sector.
- Peak operating income was recorded in FY2021.
Company context
Key Data Points
- Strong profit margin: 38.4%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $1.2B | +4.0% |
| FY2022 | $1.1B | -33.4% |
| FY2021 | $1.7B | +27.2% |
| FY2020 | $1.3B | -2.8% |
| FY2019 | $1.4B | +21.7% |
| FY2018 | $1.1B | +11.0% |
| FY2017 | $1.0B | +17.3% |
| FY2016 | $856.1M | -15.2% |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026