Equity Residential Properties Trust
Research Equity Residential Properties Trust (EQR) on Bullrun: valuation model: 17.0% undervalued, market cap USD 23.87B, P/E 27.9, dividend yield 4.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerEQR
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Residential
- CurrencyUSD
- Valuation signal17.0% undervalued
- Market capUSD 23.87B
- P/E27.9
- Dividend yield4.4%
- Financial periodQ2 2026
- RevenueUSD 785.05M
- Net incomeUSD 114.14M
- Free cash flowUSD 200.81M
- Gross margin61.4%
Valuation Snapshot
Bullrun's latest valuation model marks Equity Residential Properties Trust as 17.0% undervalued; latest market cap is USD 23.87B; P/E is 27.9; dividend yield is 4.4%.
Peer valuation comparison
Latest P/E is 27.94x versus a Real Estate sector median of 14.84x (88.3% above).
Latest dividend yield is 4.38% versus a Real Estate sector median of 4.71% (6.9% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 3.09B | USD 1.12B | USD 1.29B | 62.9% | 2.94 | USD 55.90M | USD 8.24B | USD 11.04B |
| FY2024 | USD 2.98B | USD 1.04B | USD 1.25B | 63.3% | 2.72 | USD 62.30M | USD 8.19B | USD 11.04B |
| FY2023 | n/a | USD 835.44M | n/a | n/a | 2.2 | USD 50.74M | USD 7.46B | USD 11.09B |
| FY2022 | n/a | USD 776.91M | n/a | n/a | 2.05 | USD 53.87M | USD 7.49B | USD 11.17B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-21 | USD 23.87B | 27.9 | 4.4% | 2.79 |
| 2025 | 2025-12-31 | USD 23.82B | 21.7 | 4.4% | 2.75 |
| 2024 | 2024-12-31 | USD 27.23B | 27.0 | 2.8% | 2.04 |
| 2023 | 2023-12-29 | USD 23.22B | 34.0 | 5.3% | 3.27 |
| 2022 | 2022-12-30 | USD 22.30B | 19.5 | 5.3% | 3.12 |
| 2021 | 2021-12-31 | USD 33.99B | 25.6 | 2.7% | 2.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.79 USD, yield 4.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.77 USD |
| FY2024 | 2.7 USD |
| FY2023 | 2.65 USD |
| FY2022 | 2.5 USD |
About Equity Residential Properties Trust
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,520 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. Equity Residential was incorporated in 1993 and is based in Chicago, United States.
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Frequently asked questions
Is Equity Residential Properties Trust overvalued or undervalued?
Bullrun's valuation model currently marks Equity Residential Properties Trust as 17.0% undervalued.
What is Equity Residential Properties Trust's market cap?
Equity Residential Properties Trust's market capitalization is USD 23.87B.
What is Equity Residential Properties Trust's P/E ratio?
Equity Residential Properties Trust's price-to-earnings (P/E) ratio is 27.9.
Does Equity Residential Properties Trust pay a dividend?
Equity Residential Properties Trust has a dividend yield of 4.4%.
What does Equity Residential Properties Trust do?
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,520 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. Equity Residential was incorporated in 1993 and is based in Chicago, United States.