Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Equity Residential's share price for the quarter that ended in Dec. 2023 was $61.16. Equity Residential's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 379 Mil. Therefore, Equity Residential's market cap for the quarter that ended in Dec. 2023 was $23,197 Mil.
Equity Residential's quarterly market cap
declined
from Jun. 2023 ($25,005 Mil) to Sep. 2023 ($22,294 Mil) but then
increased
from Sep. 2023 ($22,294 Mil) to Dec. 2023 ($23,197 Mil).
Equity Residential's annual market cap
declined
from Dec. 2021 ($33,985 Mil) to Dec. 2022 ($22,327 Mil) but then
increased
from Dec. 2022 ($22,327 Mil) to Dec. 2023 ($23,197 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Equity Residential's Enterprise Value for Today is $31,388 Mil.
Equity Residential Market Cap Historical Data
The historical data trend for Equity Residential's Market Cap 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.
For the REIT - Residential subindustry, Equity Residential's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the REITs industry and Real Estate sector, Equity Residential's Market Cap distribution charts can be found below:
* The bar in red indicates where Equity Residential's Market Cap falls into.
Equity Residential Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Equity Residential's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Equity Residential Market Cap Related Terms
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Equity Residential (Equity Residential) Business Description
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.
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