Equity Residential Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	2,874	2,735	2,464	2,572	2,701	Upgrade
Revenue Growth (YoY)	5.07%	11.01%	-4.19%	-4.78%	4.77%	Upgrade
Cost of Revenue	1,046	982.58	948.79	916.39	908.33	Upgrade
Gross Profit	1,827	1,753	1,515	1,655	1,792	Upgrade
Selling, General & Admin	60.72	58.71	56.51	48.31	52.76	Upgrade
Other Operating Expenses	888.71	882.17	855.04	820.83	831.08	Upgrade
Operating Expenses	949.43	940.88	911.55	869.14	883.84	Upgrade
Operating Income	878.05	811.72	603.66	786.18	908.52	Upgrade
Interest Expense / Income	269.56	282.92	272.47	365.07	390.08	Upgrade
Other Expense / Income	-228.1	-249.01	-1,002.58	-493.38	-449.65	Upgrade
Pretax Income	836.59	777.81	1,334	914.49	968.1	Upgrade
Income Tax	1.15	0.9	0.92	0.85	-2.28	Upgrade
Net Income	835.44	776.91	1,333	913.64	970.38	Upgrade
Preferred Dividends	3.09	3.09	3.09	3.09	3.09	Upgrade
Net Income Common	832.35	773.82	1,330	910.55	967.29	Upgrade
Net Income Growth	7.56%	-41.81%	46.04%	-5.87%	47.80%	Upgrade
Shares Outstanding (Basic)	379	376	374	372	370	Upgrade
Shares Outstanding (Diluted)	391	389	388	386	386	Upgrade
Shares Change	0.37%	0.35%	0.57%	-0.12%	0.69%	Upgrade
EPS (Basic)	2.20	2.06	3.56	2.45	2.61	Upgrade
EPS (Diluted)	2.20	2.05	3.54	2.45	2.60	Upgrade
EPS Growth	7.32%	-42.09%	44.49%	-5.77%	46.89%	Upgrade
Free Cash Flow	1,183	1,728	896.66	1,944	623.66	Upgrade
Free Cash Flow Per Share	3.12	4.59	2.40	5.23	1.68	Upgrade
Dividend Per Share	2.650	2.500	2.410	2.410	2.270	Upgrade
Dividend Growth	6.00%	3.73%	0%	6.17%	5.09%	Upgrade
Gross Margin	63.59%	64.08%	61.49%	64.37%	66.37%	Upgrade
Operating Margin	30.55%	29.68%	24.50%	30.57%	33.64%	Upgrade
Profit Margin	28.96%	28.29%	53.97%	35.41%	35.82%	Upgrade
Free Cash Flow Margin	41.16%	63.16%	36.39%	75.60%	23.09%	Upgrade
Effective Tax Rate	0.14%	0.12%	0.07%	0.09%	-0.24%	Upgrade
EBITDA	2,008	1,955	2,458	2,112	2,201	Upgrade
EBITDA Margin	69.86%	71.48%	99.74%	82.12%	81.50%	Upgrade
Depreciation & Amortization	901.5	894.33	851.38	832.44	842.78	Upgrade
EBIT	1,106	1,061	1,606	1,280	1,358	Upgrade
EBIT Margin	38.49%	38.78%	65.19%	49.76%	50.29%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).