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Equity Residential (Equity Residential) EV-to-EBIT : 23.78 (As of Apr. 25, 2024)


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What is Equity Residential EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Equity Residential's Enterprise Value is $31,976 Mil. Equity Residential's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,345 Mil. Therefore, Equity Residential's EV-to-EBIT for today is 23.78.

The historical rank and industry rank for Equity Residential's EV-to-EBIT or its related term are showing as below:

EQR' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.42   Med: 30.04   Max: 69.99
Current: 23.78

During the past 13 years, the highest EV-to-EBIT of Equity Residential was 69.99. The lowest was 6.42. And the median was 30.04.

EQR's EV-to-EBIT is ranked worse than
58.58% of 577 companies
in the REITs industry
Industry Median: 20.04 vs EQR: 23.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Equity Residential's Enterprise Value for the quarter that ended in Dec. 2023 was $31,379 Mil. Equity Residential's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,345 Mil. Equity Residential's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.29%.


Equity Residential EV-to-EBIT Historical Data

The historical data trend for Equity Residential's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equity Residential EV-to-EBIT Chart

Equity Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.18 23.90 25.86 27.90 27.42

Equity Residential Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.90 21.22 24.55 19.85 27.42

Competitive Comparison of Equity Residential's EV-to-EBIT

For the REIT - Residential subindustry, Equity Residential's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equity Residential's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equity Residential's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Equity Residential's EV-to-EBIT falls into.



Equity Residential EV-to-EBIT Calculation

Equity Residential's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=31976.068/1344.814
=23.78

Equity Residential's current Enterprise Value is $31,976 Mil.
Equity Residential's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,345 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equity Residential  (NYSE:EQR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Equity Residential's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1344.814/31378.61256
=4.29 %

Equity Residential's Enterprise Value for the quarter that ended in Dec. 2023 was $31,379 Mil.
Equity Residential's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,345 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equity Residential EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Equity Residential's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Residential (Equity Residential) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Chicago, IL, USA, 60606
Equity Residential owns a portfolio of 304 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Executives
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Michael L Manelis officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Catherine Carraway officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 500, CHICAGO IL 60606
Alexander Brackenridge officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Ian Kaufman officer: Chief Accounting Officer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Scott Fenster officer: EVP & General Counsel TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Robert Garechana officer: EVP & Chief Financial Officer TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Christa L Sorenson officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Angela M Aman director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Raymond Bennett director TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Stephen E Sterrett director 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Bradley A Keywell director

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